SHINHAN FINANCIAL GROUP-ADR (SHG) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:SHG - US8245961003 - ADR
54.1 USD
-0.59 (-1.08%)
54.1 USD
0 (0%)
Overall SHG gets a fundamental rating of 4 out of 10. We evaluated SHG against 383 industry peers in the Banks industry. Both the profitability and financial health of SHG have multiple concerns. A decent growth rate in combination with a cheap valuation! Better keep an eye on SHG.
1. Profitability
1.1 Basic Checks
- SHG had positive earnings in the past year.
- SHG had a positive operating cash flow in the past year.
- Each year in the past 5 years SHG has been profitable.
- Of the past 5 years SHG 4 years had a positive operating cash flow.
1.2 Ratios
- SHG has a worse Return On Assets (0.60%) than 71.80% of its industry peers.
- SHG has a Return On Equity (8.07%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.6% | ||
| ROE | 8.07% | ||
| ROIC | N/A |
ROA(3y)0.62%
ROA(5y)0.6%
ROE(3y)8.1%
ROE(5y)8.02%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- The Profit Margin of SHG (20.29%) is worse than 66.32% of its industry peers.
- In the last couple of years the Profit Margin of SHG has grown nicely.
- The Operating Margin and Gross Margin are not available for SHG so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 20.29% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y4.9%
PM growth 5Y5.81%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- SHG does not have a ROIC to compare to the WACC, probably because it is not profitable.
- Compared to 1 year ago, SHG has less shares outstanding
- The number of shares outstanding for SHG has been increased compared to 5 years ago.
- The debt/assets ratio for SHG has been reduced compared to a year ago.
2.2 Solvency
- SHG has a debt to FCF ratio of 10.50. This is a negative value and a sign of low solvency as SHG would need 10.50 years to pay back of all of its debts.
- SHG has a worse Debt to FCF ratio (10.50) than 78.59% of its industry peers.
- A Debt/Equity ratio of 2.63 is on the high side and indicates that SHG has dependencies on debt financing.
- With a Debt to Equity ratio value of 2.63, SHG is not doing good in the industry: 91.12% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.63 | ||
| Debt/FCF | 10.5 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC7.67%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
- SHG shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.87%.
- Measured over the past 5 years, SHG shows a small growth in Earnings Per Share. The EPS has been growing by 3.81% on average per year.
- Looking at the last year, SHG shows a small growth in Revenue. The Revenue has grown by 4.43% in the last year.
- The Revenue has been decreasing by -0.73% on average over the past years.
EPS 1Y (TTM)4.87%
EPS 3Y2.1%
EPS 5Y3.81%
EPS Q2Q%14.08%
Revenue 1Y (TTM)4.43%
Revenue growth 3Y-1.74%
Revenue growth 5Y-0.73%
Sales Q2Q%52.23%
3.2 Future
- Based on estimates for the next years, SHG will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.82% on average per year.
- Based on estimates for the next years, SHG will show a small growth in Revenue. The Revenue will grow by 3.97% on average per year.
EPS Next Y23.82%
EPS Next 2Y14.82%
EPS Next 3Y12.82%
EPS Next 5YN/A
Revenue Next Year4.72%
Revenue Next 2Y4.31%
Revenue Next 3Y3.97%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 9.41 indicates a reasonable valuation of SHG.
- SHG's Price/Earnings ratio is rather cheap when compared to the industry. SHG is cheaper than 86.68% of the companies in the same industry.
- SHG's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.54.
- Based on the Price/Forward Earnings ratio of 7.14, the valuation of SHG can be described as very cheap.
- Based on the Price/Forward Earnings ratio, SHG is valued cheaply inside the industry as 93.47% of the companies are valued more expensively.
- SHG is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.31, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.41 | ||
| Fwd PE | 7.14 |
4.2 Price Multiples
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of SHG indicates a rather cheap valuation: SHG is cheaper than 97.13% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.65 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- SHG's earnings are expected to grow with 12.82% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.39
PEG (5Y)2.47
EPS Next 2Y14.82%
EPS Next 3Y12.82%
5. Dividend
5.1 Amount
- SHG has a Yearly Dividend Yield of 2.90%.
- SHG's Dividend Yield is comparable with the industry average which is at 2.90.
- SHG's Dividend Yield is rather good when compared to the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.9% |
5.2 History
- The dividend of SHG is nicely growing with an annual growth rate of 7.01%!
- SHG has been paying a dividend for at least 10 years, so it has a reliable track record.
- The dividend of SHG decreased recently.
Dividend Growth(5Y)7.01%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- 27.66% of the earnings are spent on dividend by SHG. This is a low number and sustainable payout ratio.
- SHG's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP27.66%
EPS Next 2Y14.82%
EPS Next 3Y12.82%
54.1
-0.59 (-1.08%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)10-23 2025-10-23/bmo
Earnings (Next)02-04 2026-02-04/bmo
Inst Owners42.05%
Inst Owner Change0.04%
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap26.05B
Revenue(TTM)23.02T
Net Income(TTM)4.67T
Analysts84.29
Price Target63.79 (17.91%)
Short Float %0.05%
Short Ratio1.25
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.9% |
Yearly Dividend1.73
Dividend Growth(5Y)7.01%
DP27.66%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)28.54%
Min Revenue beat(2)6.31%
Max Revenue beat(2)50.76%
Revenue beat(4)4
Avg Revenue beat(4)25.26%
Min Revenue beat(4)6.31%
Max Revenue beat(4)50.76%
Revenue beat(8)8
Avg Revenue beat(8)15.4%
Revenue beat(12)9
Avg Revenue beat(12)10.5%
Revenue beat(16)13
Avg Revenue beat(16)20.69%
PT rev (1m)0.85%
PT rev (3m)1.5%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.92%
EPS NY rev (1m)0%
EPS NY rev (3m)1.51%
Revenue NQ rev (1m)-0.3%
Revenue NQ rev (3m)-0.86%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)0.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.41 | ||
| Fwd PE | 7.14 | ||
| P/S | 1.67 | ||
| P/FCF | 2.65 | ||
| P/OCF | 2.53 | ||
| P/B | 0.66 | ||
| P/tB | 0.74 | ||
| EV/EBITDA | N/A |
EPS(TTM)5.75
EY10.63%
EPS(NY)7.58
Fwd EY14.02%
FCF(TTM)20.43
FCFY37.76%
OCF(TTM)21.35
OCFY39.47%
SpS32.4
BVpS81.44
TBVpS73.13
PEG (NY)0.39
PEG (5Y)2.47
Graham Number102.65
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.6% | ||
| ROE | 8.07% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 20.29% | ||
| GM | N/A | ||
| FCFM | 63.06% |
ROA(3y)0.62%
ROA(5y)0.6%
ROE(3y)8.1%
ROE(5y)8.02%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y4.9%
PM growth 5Y5.81%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.63 | ||
| Debt/FCF | 10.5 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 50.43% | ||
| Cap/Sales | 2.86% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 310.75% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC7.67%
ROIC/WACCN/A
Cap/Depr(3y)71.87%
Cap/Depr(5y)79.56%
Cap/Sales(3y)3.65%
Cap/Sales(5y)3.48%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)4.87%
EPS 3Y2.1%
EPS 5Y3.81%
EPS Q2Q%14.08%
EPS Next Y23.82%
EPS Next 2Y14.82%
EPS Next 3Y12.82%
EPS Next 5YN/A
Revenue 1Y (TTM)4.43%
Revenue growth 3Y-1.74%
Revenue growth 5Y-0.73%
Sales Q2Q%52.23%
Revenue Next Year4.72%
Revenue Next 2Y4.31%
Revenue Next 3Y3.97%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y145.44%
FCF growth 3Y5.15%
FCF growth 5Y-10.2%
OCF growth 1Y125.27%
OCF growth 3Y3.28%
OCF growth 5Y-8.41%
SHINHAN FINANCIAL GROUP-ADR / SHG FAQ
What is the fundamental rating for SHG stock?
ChartMill assigns a fundamental rating of 4 / 10 to SHG.
What is the valuation status of SHINHAN FINANCIAL GROUP-ADR (SHG) stock?
ChartMill assigns a valuation rating of 8 / 10 to SHINHAN FINANCIAL GROUP-ADR (SHG). This can be considered as Undervalued.
Can you provide the profitability details for SHINHAN FINANCIAL GROUP-ADR?
SHINHAN FINANCIAL GROUP-ADR (SHG) has a profitability rating of 3 / 10.
What is the valuation of SHINHAN FINANCIAL GROUP-ADR based on its PE and PB ratios?
The Price/Earnings (PE) ratio for SHINHAN FINANCIAL GROUP-ADR (SHG) is 9.41 and the Price/Book (PB) ratio is 0.66.
Can you provide the expected EPS growth for SHG stock?
The Earnings per Share (EPS) of SHINHAN FINANCIAL GROUP-ADR (SHG) is expected to grow by 23.82% in the next year.