Valuation Meritz Financial Group Inc.

Equities

End-of-day quote Korea S.E. Other stock markets 21/01/2025			5-day change	1st Jan Change
109,700.00 ^KRW	-1.08%		+0.55%	+5.48%

12-27	Tranche Update on Meritz Financial Group Inc.'s Equity Buyback Plan announced on September 25, 2024.	CI
12-11	Meritz Financial Subsidiary Meritz Fire Named Preferred Bidder for MG Non-Life Insurance Acquisition	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	1,291,247	5,559,845	5,232,037	11,231,484	19,733,393	19,733,393	-
Change	-	330.58%	-5.9%	114.67%	75.7%	0%	-
Enterprise Value (EV) ¹	1,291	5,560	5,232	39,272	50,946	50,872	50,761
Change	-	330.58%	-5.9%	650.6%	29.73%	-0.14%	-0.22%
P/E ratio	2.75x	-	-	5.39x	8.54x	8.17x	7.64x
PBR	-	1.49x	-	1.17x	2.01x	1.71x	1.44x
PEG	-	-	-	-	0.5x	1.79x	1.1x
Capitalization / Revenue	-	0.36x	1.24x	3.15x	4.84x	4.93x	4.83x
EV / Revenue	-	0.36x	1.24x	11x	12.5x	12.7x	12.4x
EV / EBITDA	-	-	-	-	-	-	-
EV / EBIT	-	3.09x	2.38x	13.4x	15.4x	15.6x	15.5x
EV / FCF	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-
Dividend per Share ³	-	210	-	2,360	1,800	2,071	2,434
Rate of return	-	0.48%	-	3.99%	1.64%	1.89%	2.22%
EPS ³	3,571	-	-	10,970	12,840	13,425	14,359
Distribution rate	-	-	-	21.5%	14%	15.4%	16.9%
Net sales ¹	-	15,606	4,216	3,564	4,076	4,006	4,088
EBITDA	-	-	-	-	-	-	-
EBIT ¹	-	1,801	2,201	2,934	3,309	3,266	3,280
Net income ¹	489.7	-	-	2,050	2,420	2,426	2,484
Net Debt ¹	-	-	-	28,040	31,212	31,139	31,027
Reference price ³	9,810.00	44,000.00	42,700.00	59,100.00	109,700.00	109,700.00	109,700.00
Nbr of stocks (in thousands)	131,626	126,360	122,530	190,042	179,885	179,885	-
Announcement Date	18/03/21	16/03/22	02/03/23	07/02/24	-	-	-

¹KRW in Million²KRW in Billions³KRW

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield	Capi. ($)
MERITZ FINANCIAL GROUP INC.	8.64x	12.55x	-	+1.62%	13.87B
KOÇ HOLDING	4.93x	0.33x	2.48x	+3.23%	12.51B
HAL TRUST	7.65x	0.71x	2.9x	+2.31%	11.18B
SK SQUARE CO., LTD.	4.45x	5.23x	3.14x	+1.26%	8.85B
Average	6.42x	4.70x	2.84x	+2.10%	11.6B
Weighted average by Cap.	6.60x	5.01x	2.80x	+2.15%