Shinhan Financial Group Stock Beta

SHG Stock

USD 39.66 0.08 0.20%

Shinhan Financial Group fundamentals help investors to digest information that contributes to Shinhan Financial's financial success or failures. It also enables traders to predict the movement of Shinhan Stock. The fundamental analysis module provides a way to measure Shinhan Financial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Shinhan Financial stock.

Short Long Term Debt Total Total Assets

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Shinhan Financial Group Company Beta Analysis

Shinhan Financial's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current Shinhan Financial Beta

0.61

Most of Shinhan Financial's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Shinhan Financial Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Shinhan Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Shinhan Financial is extremely important. It helps to project a fair market value of Shinhan Stock properly, considering its historical fundamentals such as Beta. Since Shinhan Financial's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Shinhan Financial's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Shinhan Financial's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Short Term Investments	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Good Will	Net Receivables	Deferred Long Term Liab	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Long Term Investments	Short Long Term Debt	Earning Assets	Net Invested Capital	Capital Stock	Current Deferred Revenue
Total Assets		0.99	0.96	0.85	0.76	0.75	1.0	0.65	-0.13	0.12	0.72	0.77	0.81	0.82	0.55	-0.2	0.87	0.89	0.82	0.88	-0.01	0.88	0.78	0.65	0.65
Total Stockholder Equity	0.99		0.95	0.82	0.73	0.71	0.98	0.65	-0.15	0.12	0.8	0.71	0.74	0.89	0.51	-0.24	0.8	0.82	0.76	0.8	-0.01	0.81	0.71	0.58	0.59
Net Debt	0.96	0.95		0.86	0.76	0.75	0.96	0.63	-0.12	0.18	0.72	0.77	0.83	0.81	0.57	-0.11	0.88	0.88	0.8	0.88	0.01	0.85	0.77	0.61	0.62
Retained Earnings	0.85	0.82	0.86		0.96	0.95	0.85	0.72	-0.14	0.09	0.65	0.9	0.93	0.65	0.79	-0.23	0.85	0.88	0.83	0.87	-0.03	0.85	0.89	0.82	0.77
Accounts Payable	0.76	0.73	0.76	0.96		0.98	0.77	0.82	-0.14	-0.07	0.53	0.89	0.91	0.54	0.83	-0.23	0.8	0.85	0.82	0.83	-0.05	0.82	0.87	0.84	0.71
Short Term Investments	0.75	0.71	0.75	0.95	0.98		0.75	0.78	-0.13	-0.08	0.56	0.85	0.87	0.54	0.81	-0.19	0.78	0.81	0.76	0.8	-0.04	0.81	0.86	0.84	0.75
Total Liab	1.0	0.98	0.96	0.85	0.77	0.75		0.65	-0.13	0.12	0.72	0.78	0.82	0.82	0.55	-0.19	0.88	0.89	0.82	0.89	-0.01	0.89	0.78	0.65	0.65
Total Current Assets	0.65	0.65	0.63	0.72	0.82	0.78	0.65		-0.06	-0.18	0.5	0.69	0.69	0.61	0.52	-0.03	0.61	0.66	0.67	0.64	0.06	0.6	0.53	0.52	0.29
Short Term Debt	-0.13	-0.15	-0.12	-0.14	-0.14	-0.13	-0.13	-0.06		-0.19	-0.23	-0.02	-0.04	-0.17	-0.09	0.11	0.04	-0.03	0.05	-0.02	0.98	-0.16	-0.27	-0.21	-0.19
Intangible Assets	0.12	0.12	0.18	0.09	-0.07	-0.08	0.12	-0.18	-0.19		0.45	-0.03	0.01	0.24	-0.02	0.16	0.02	0.0	-0.07	0.05	-0.14	0.13	0.18	0.2	0.2
Common Stock	0.72	0.8	0.72	0.65	0.53	0.56	0.72	0.5	-0.23	0.45		0.4	0.42	0.88	0.38	-0.15	0.46	0.46	0.41	0.46	-0.06	0.51	0.5	0.52	0.47
Property Plant Equipment	0.77	0.71	0.77	0.9	0.89	0.85	0.78	0.69	-0.02	-0.03	0.4		0.98	0.48	0.76	-0.2	0.88	0.95	0.97	0.88	0.05	0.81	0.79	0.71	0.64
Long Term Debt	0.81	0.74	0.83	0.93	0.91	0.87	0.82	0.69	-0.04	0.01	0.42	0.98		0.49	0.75	-0.13	0.92	0.97	0.95	0.93	0.03	0.87	0.86	0.75	0.69
Good Will	0.82	0.89	0.81	0.65	0.54	0.54	0.82	0.61	-0.17	0.24	0.88	0.48	0.49		0.36	-0.2	0.52	0.56	0.53	0.53	0.02	0.52	0.42	0.32	0.3
Net Receivables	0.55	0.51	0.57	0.79	0.83	0.81	0.55	0.52	-0.09	-0.02	0.38	0.76	0.75	0.36		-0.37	0.63	0.68	0.66	0.64	-0.03	0.63	0.71	0.73	0.53
Deferred Long Term Liab	-0.2	-0.24	-0.11	-0.23	-0.23	-0.19	-0.19	-0.03	0.11	0.16	-0.15	-0.2	-0.13	-0.2	-0.37		0.02	-0.15	-0.2	0.02	0.06	-0.04	-0.11	-0.13	-0.2
Net Tangible Assets	0.87	0.8	0.88	0.85	0.8	0.78	0.88	0.61	0.04	0.02	0.46	0.88	0.92	0.52	0.63	0.02		0.96	0.89	0.99	0.1	0.91	0.83	0.71	0.67
Long Term Debt Total	0.89	0.82	0.88	0.88	0.85	0.81	0.89	0.66	-0.03	0.0	0.46	0.95	0.97	0.56	0.68	-0.15	0.96		0.97	0.96	0.04	0.91	0.84	0.72	0.67
Capital Surpluse	0.82	0.76	0.8	0.83	0.82	0.76	0.82	0.67	0.05	-0.07	0.41	0.97	0.95	0.53	0.66	-0.2	0.89	0.97		0.88	0.12	0.79	0.72	0.62	0.56
Long Term Investments	0.88	0.8	0.88	0.87	0.83	0.8	0.89	0.64	-0.02	0.05	0.46	0.88	0.93	0.53	0.64	0.02	0.99	0.96	0.88		0.04	0.95	0.87	0.74	0.69
Short Long Term Debt	-0.01	-0.01	0.01	-0.03	-0.05	-0.04	-0.01	0.06	0.98	-0.14	-0.06	0.05	0.03	0.02	-0.03	0.06	0.1	0.04	0.12	0.04		-0.11	-0.22	-0.18	-0.16
Earning Assets	0.88	0.81	0.85	0.85	0.82	0.81	0.89	0.6	-0.16	0.13	0.51	0.81	0.87	0.52	0.63	-0.04	0.91	0.91	0.79	0.95	-0.11		0.95	0.84	0.79
Net Invested Capital	0.78	0.71	0.77	0.89	0.87	0.86	0.78	0.53	-0.27	0.18	0.5	0.79	0.86	0.42	0.71	-0.11	0.83	0.84	0.72	0.87	-0.22	0.95		0.93	0.9
Capital Stock	0.65	0.58	0.61	0.82	0.84	0.84	0.65	0.52	-0.21	0.2	0.52	0.71	0.75	0.32	0.73	-0.13	0.71	0.72	0.62	0.74	-0.18	0.84	0.93		0.88
Current Deferred Revenue	0.65	0.59	0.62	0.77	0.71	0.75	0.65	0.29	-0.19	0.2	0.47	0.64	0.69	0.3	0.53	-0.2	0.67	0.67	0.56	0.69	-0.16	0.79	0.9	0.88

Click cells to compare fundamentals

In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict Shinhan Financial

In accordance with the recently published financial statements, Shinhan Financial Group has a Beta of 0.607. This is 25.98% lower than that of the Banks sector and significantly higher than that of the Financials industry. The beta for all United States stocks is notably lower than that of the firm.

Shinhan Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Shinhan Financial's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Shinhan Financial could also be used in its relative valuation, which is a method of valuing Shinhan Financial by comparing valuation metrics of similar companies.

Shinhan Financial is currently under evaluation in beta category among its peers.

Shinhan Financial ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Shinhan Financial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Shinhan Financial's managers, analysts, and investors.

Environmental

Governance

Social

Shinhan Financial Institutional Holders

Institutional Holdings refers to the ownership stake in Shinhan Financial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Shinhan Financial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Shinhan Financial's value.

		Shares
Vanguard Group Inc	2024-09-30	402.6 K
Connor Clark & Lunn Inv Mgmt Ltd	2024-06-30	401.4 K
Causeway Capital Management Llc	2024-09-30	304.9 K
Wellington Management Company Llp	2024-06-30	267 K
Ramirez Asset Management Inc	2024-06-30	199.3 K
Sanders Capital, Llc	2024-09-30	195.1 K
O'shaughnessy Asset Management Llc	2024-06-30	178.9 K
Clearbridge Advisors, Llc	2024-06-30	163.7 K
Wells Fargo & Co	2024-06-30	156.6 K
Morgan Stanley - Brokerage Accounts	2024-06-30	3.1 M
Blackrock Inc	2024-06-30	1.8 M

As returns on the market increase, Shinhan Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shinhan Financial is expected to be smaller as well.

Shinhan Fundamentals

	Return On Equity	0.0809
	Return On Asset	0.0065
	Profit Margin	0.31 %
	Operating Margin	0.15 %
	Current Valuation	49.5 T
	Shares Outstanding	503.44 M
	Shares Owned By Institutions	3.42 %
	Number Of Shares Shorted	437.41 K
	Price To Earning	4.62 X
	Price To Book	0.50 X
	Price To Sales	0 X
	Revenue	14.18 T
	Gross Profit	25.67 T
	EBITDA	1.01 T
	Net Income	4.37 T
	Cash And Equivalents	79.61 T
	Total Debt	125.99 T
	Book Value Per Share	100,028 X
	Cash Flow From Operations	1.91 T
	Short Ratio	3.01 X
	Earnings Per Share	6.22 X
	Price To Earnings To Growth	5.10 X
	Target Price	52.31
	Beta	0.61
	Market Capitalization	19.97 B
	Total Asset	691.8 T
	Retained Earnings	36.39 T
	Annual Yield	0.04 %
	Five Year Return	3.80 %
	Net Asset	691.8 T
	Last Dividend Paid	3195.0

About Shinhan Financial Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Shinhan Financial Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shinhan Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shinhan Financial Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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When determining whether Shinhan Financial is a strong investment it is important to analyze Shinhan Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Shinhan Financial's future performance. For an informed investment choice regarding Shinhan Stock, refer to the following important reports:

How To Invest In Shinhan

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Is Shinhan Stock a good investment?

Details

What is Shinhan Financial's Net Worth?

Details

Largest Diversified Banks Companies

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Largest Banks - Regional Companies

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Check out Shinhan Financial Piotroski F Score and Shinhan Financial Altman Z Score analysis.

You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shinhan Financial. If investors know Shinhan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shinhan Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.108

Dividend Share

3.2 K

Earnings Share

6.22

Revenue Per Share

29 K

Quarterly Revenue Growth

2.224

The market value of Shinhan Financial is measured differently than its book value, which is the value of Shinhan that is recorded on the company's balance sheet. Investors also form their own opinion of Shinhan Financial's value that differs from its market value or its book value, called intrinsic value, which is Shinhan Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shinhan Financial's market value can be influenced by many factors that don't directly affect Shinhan Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Shinhan Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shinhan Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shinhan Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Shinhan Financial Group Stock Beta

Shinhan Financial Group Company Beta Analysis

Beta

Covariance

Variance

Current Shinhan Financial Beta

Shinhan Beta Driver Correlations

Shinhan Beta Peer Comparison

Shinhan Financial ESG Sustainability

Shinhan Financial Institutional Holders

Shinhan Fundamentals

About Shinhan Financial Fundamental Analysis

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