KRW48,000.00
0.72% today
Korea, Dec 30, 07:09 am CET
ISIN
KR7055550008
Symbol
055550
Index

Shinhan Financial Group Target price 2024 - Analyst rating & recommendation

Shinhan Financial Group Classifications & Recommendation:

Buy
86%
Hold
14%

Shinhan Financial Group Price Target

Target Price KRW70,738.10
Price KRW47,650.00
Potential
Number of Estimates 21
21 Analysts have issued a price target Shinhan Financial Group 2025 . The average Shinhan Financial Group target price is KRW70,738.10. This is higher than the current stock price. The highest price target is
KRW81,000.00 69.99%
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, the lowest is
KRW57,000.00 19.62%
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.
A rating was issued by 21 analysts: 18 Analysts recommend Shinhan Financial Group to buy, 3 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Shinhan Financial Group stock has an average upside potential 2025 of . Most analysts recommend the Shinhan Financial Group stock at Purchase.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion KRW 36,391.56 14,872.58
26.62% 59.13%
Net Margin 11.13% 31.41%
25.21% 182.13%

16 Analysts have issued a sales forecast Shinhan Financial Group 2024 . The average Shinhan Financial Group sales estimate is

KRW14.9t
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. This is
61.87% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
KRW15.1t 61.21%
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, the lowest is
KRW14.6t 62.48%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 KRW36.4t 26.62%
2024
KRW14.9t 59.13%
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2025
KRW15.2t 2.11%
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2026
KRW15.6t 3.04%
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7 Shinhan Financial Group Analysts have issued a net profit forecast 2024. The average Shinhan Financial Group net profit estimate is

KRW4.7t
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. This is
6.68% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
KRW4.8t 8.87%
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, the lowest is
KRW4.6t 4.29%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 KRW4.1t 5.30%
2024
KRW4.7t 15.30%
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2025
KRW5.1t 10.24%
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2026
KRW5.5t 6.55%
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Net Margin

2023 11.13% 25.21%
2024
31.41% 182.13%
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2025
33.91% 7.96%
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2026
35.06% 3.39%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share KRW 8,047.57 9,278.52
5.30% 15.30%
P/E 5.21
EV/Sales 8.90

7 Analysts have issued a Shinhan Financial Group forecast for earnings per share. The average Shinhan Financial Group <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

KRW9,278.52
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. This is
6.68% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
KRW9,469.00 8.87%
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, the lowest is
KRW9,070.64 4.29%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 KRW8,047.57 5.30%
2024
KRW9,278.52 15.30%
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2025
KRW10,228.45 10.24%
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2026
KRW10,897.91 6.55%
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P/E ratio

Current 5.56 9.23%
2024
5.21 6.29%
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2025
4.73 9.21%
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2026
4.44 6.13%
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Based on analysts' sales estimates for 2024, the Shinhan Financial Group stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 3.39 0.30%
2024
8.90 162.49%
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2025
8.71 2.07%
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2026
8.46 2.95%
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P/S ratio

Current 0.64 13.94%
2024
1.67 162.29%
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2025
1.64 2.07%
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2026
1.59 2.95%
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