QualityDipStocks / Finance · Major Banks
Shinhan Financial Group Co SHG
Outside our quality screen, so we don’t track its dips. It’s 22% below its 52-week high.
Outside our quality screen, trading below our fair value estimate.
- Fair value est.
- $80.16+22%
- Market Value
- —
- Off 52-wk high
- −22%
- Risk vs market
- Market-likebeta 1.09
3 bullish · 1 bearish See why
Key levels
Every level vs today’s $65.59
- 52-wk lowlowest close, 1 year$51.42−21.6%
- PriceFri Oct 30 close$65.59you are here
- Fair value est.base case$80.16+22.2%
- 52-wk highhighest close, 1 year$84.47+28.8%
Fair value estimate
How the range is computed
Financials model (residual income). Same residual-income model as the base: cost of equity 9.5% ±1 point and return on equity 8.4% ±2 points. Bear = 10.5% and 6.4%; bull = 8.5% and 10.4%. A model estimate from public filings, not a forecast of where the price will go.
Price sits inside the range.
What the price implies To be worth today’s price, SHG would need a return on equity of about 7% a year; our estimate uses 8%.
Risk vs market
How risk vs market is measured
One year of daily returns (Oct 30 to Oct 30, 252 sessions). Beta = how much SHG moved for each 1% move in the S&P 500 (SPY); 1.0 moves with the market. Volatility is the yearly standard deviation of daily returns. Past behavior, not a forecast.
Moves about in line with the market, and its own price swings are 2.6× the S&P 500’s.
- Beta vs S&P 500
- 1.09
- Volatility
- 34% vs 13% SPY
- Correlation SPY
- 0.41
- Correlation QQQ
- 0.31
Bull vs bear
Rule-based from the data on this page, strongest first. Not advice.
Top bullish points 3 of 5
ValuationOur residual-income fair value estimate is $80.16, 22% above the price.
ValuationP/E of 8.4× vs a 13.5× median for the 151 Finance companies we cover.
Cash returnsDividend yield of 3.1% ($965M paid over 12 months, 26% of earnings).
Top bearish points 1 of 5
QualityDoesn’t pass our quality screen: ROE under 12% and ROIC under 10%.
Who’s talking about it
Notable investors, executives, analysts and public figures on Shinhan Financial Group Co in the last 48 hours. Headlines as published, each linked. Their words, not ours.
No notable mentions in the last 48 hours. Checked Nov 1, 9:09 PM ET.
Compare with peers
Closest in size in Major Banks
All fundamentals
P/E 8.4
Valuation
- P/E
- 8.4×Finance median 13.5×
- Price / FCF
- n/acash flow isn't a clean measure for a bank
- FCF yield
- n/acash flow isn't a clean measure for a bank
- EV / EBITDA
- n/anot meaningful for a bank
- Price / sales
- n/anot reported in its SEC filings
- Price / book
- n/anot reported in its SEC filings
- Market cap
- $31.3Bprice × diluted shares
- Enterprise value
- n/anot reported in its SEC filings
Growth
- Revenue, 12 months
- n/anot reported in its SEC filings
- Sales growth, 12 months
- n/ano year-ago 12-month revenue
- Sales growth, 3 yrs
- n/anot reported in its SEC filings
- Diluted EPS, 12 months
- $9812.00
- EPS growth, last FY
- +16.2%
- Net income, 12 months
- $3.7B
- Net income growth
- +12%12 months vs before
Profitability
- Gross margin
- n/anot meaningful for a bank
- Operating margin
- n/anot reported in its SEC filings
- Net margin
- n/anot reported in its SEC filings
- FCF margin
- n/anot reported in its SEC filings
- Return on equity
- n/anot reported in its SEC filings
- Return on invested capital
- n/anot meaningful for a bank
Balance sheet
- Cash & short-term inv.
- n/anot reported in its SEC filings
- Total debt
- n/anot reported in its SEC filings
- Net cash
- n/anot meaningful for a bank
- Debt / equity
- n/adeposits/float make debt/equity not comparable for a bank
- Interest coverage
- n/anot meaningful for a bank
Cash flow & returns
- Free cash flow, 12 months
- $7.1B
- FCF growth, 12 months
- +117%
- Dividend yield
- 3.08%$965M paid
- Payout ratio
- 26%
- Buybacks, 12 months
- $932M3.0% of market cap
- Share count, 1 year
- n/ano quarterly diluted share count
- Stock-based comp
- n/anot reported in its SEC filings
Trailing 12 months to Dec 31, 2025. From Shinhan Financial Group Co’s SEC filings, reported in KRW and converted to US dollars. Sparklines show up to six fiscal years. n/a means we don’t hold that number, with the reason. How each is computed.
Valuation details
DCF $80.16
Financials model (residual income): book value $90.58 a share on Dec 31, 2025, converted from KRW at 0.0007457, plus the earnings above a 9.5% cost of equity. ROE 8.4%, the average of 8.4% for the fiscal year to Dec 31, 2025 and 8.4% over fiscal 2021–2025, on average common equity; payout 53% of earnings (dividends 27% + net buybacks 26%), so book grows by the retained rest; the return above 9.5% fades halfway toward 9.5% over 10 years, then grows at 3% (terminal value). From the 20-F filed Apr 22, 2026.
Setup & signals
No setup armed
No setup armed, so there’s no trigger or stop to track yet. Reversal signal rules only run on companies that pass our quality screen.
Momentum & 52-week range
RSI 28 · 5 days −1.1%
The business
FCF $8,835.0B · Sales +96%
- Free cash flow, 12 months$8,835.0B
- Free-cash-flow yield28592.2%
- Return on equity10%
- Sales growth (latest quarter vs year-ago quarter)+96%
Information only, not investment advice. Fair value estimates and talking points are rule-based model output from public data and can be wrong; stop levels are reference points, not orders. How every number is computed.
SHG is outside our quality screen
One text when a published rule fires on one of the 333 quality companies we track: the ticker, the price, the stop and a link to the numbers. Nothing else.