WOORI FINANCIAL-SPON ADR (WF)
US9810641087 - ADR
WF gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 411 industry peers in the Banks industry. Both the profitability and financial health of WF have multiple concerns. WF scores decently on growth, while it is valued quite cheap. This could make an interesting combination. WF also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year WF was profitable.
In the past year WF had a positive cash flow from operations.
WF had positive earnings in each of the past 5 years.
WF had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.48%, WF is doing worse than 80.29% of the companies in the same industry.
With a Return On Equity value of 7.50%, WF is not doing good in the industry: 63.26% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.48% | ||
| ROE | 7.5% | ||
| ROIC | N/A |
ROA(3y)0.56%
ROA(5y)0.5%
ROE(3y)9.29%
ROE(5y)8.4%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
WF has a Profit Margin of 15.28%. This is in the lower half of the industry: WF underperforms 79.32% of its industry peers.
WF's Profit Margin has declined in the last couple of years.
WF does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 15.28% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y7.16%
PM growth 5Y-4.41%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
WF does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for WF has been increased compared to 1 year ago.
Compared to 5 years ago, WF has more shares outstanding
The debt/assets ratio for WF has been reduced compared to a year ago.
2.2 Solvency
WF has a debt to FCF ratio of 62.41. This is a negative value and a sign of low solvency as WF would need 62.41 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 62.41, WF is doing worse than 86.86% of the companies in the same industry.
A Debt/Equity ratio of 2.42 is on the high side and indicates that WF has dependencies on debt financing.
With a Debt to Equity ratio value of 2.42, WF is not doing good in the industry: 93.67% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.42 | ||
| Debt/FCF | 62.41 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC10.9%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for WF have decreased strongly by -22.93% in the last year.
WF shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.93% yearly.
WF shows a small growth in Revenue. In the last year, the Revenue has grown by 2.23%.
The Revenue has been growing by 9.60% on average over the past years. This is quite good.
EPS 1Y (TTM)-22.93%
EPS 3Y22.85%
EPS 5Y2.93%
EPS growth Q2Q-95.81%
Revenue 1Y (TTM)2.23%
Revenue growth 3Y15.32%
Revenue growth 5Y9.6%
Revenue growth Q2Q3.88%
3.2 Future
WF is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.42% yearly.
The Revenue is expected to grow by 3.04% on average over the next years.
EPS Next Y23.89%
EPS Next 2Y14.98%
EPS Next 3Y13.42%
EPS Next 5YN/A
Revenue Next Year0.7%
Revenue Next 2Y2.03%
Revenue Next 3Y3.04%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
WF is valuated cheaply with a Price/Earnings ratio of 4.56.
Based on the Price/Earnings ratio, WF is valued cheaply inside the industry as 97.32% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 28.32, WF is valued rather cheaply.
With a Price/Forward Earnings ratio of 3.68, the valuation of WF can be described as very cheap.
Based on the Price/Forward Earnings ratio, WF is valued cheaper than 98.30% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 20.24. WF is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.56 | ||
| Fwd PE | 3.68 |
4.2 Price Multiples
WF's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.95 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
WF's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
WF's earnings are expected to grow with 13.42% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.19
PEG (5Y)1.56
EPS Next 2Y14.98%
EPS Next 3Y13.42%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.23%, WF is a good candidate for dividend investing.
WF's Dividend Yield is rather good when compared to the industry average which is at 3.68. WF pays more dividend than 98.78% of the companies in the same industry.
WF's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.23% |
5.2 History
The dividend of WF is nicely growing with an annual growth rate of 39.59%!
WF has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of WF decreased recently.
Dividend Growth(5Y)39.59%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
41.19% of the earnings are spent on dividend by WF. This is a bit on the high side, but may be sustainable.
The dividend of WF is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP41.19%
EPS Next 2Y14.98%
EPS Next 3Y13.42%
WOORI FINANCIAL-SPON ADR
NYSE:WF (5/13/2024, 4:58:44 PM)
32.52
+0.29 (+0.9%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap8.05B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.23% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.56 | ||
| Fwd PE | 3.68 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.19
PEG (5Y)1.56
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.48% | ||
| ROE | 7.5% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 15.28% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.42 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-22.93%
EPS 3Y22.85%
EPS 5Y
EPS growth Q2Q
EPS Next Y23.89%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)2.23%
Revenue growth 3Y15.32%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y