KRW54,500.00
3.37% today
Korea, Nov 26, 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 KRW71,159.10
Price KRW54,300.00
Potential
Number of Estimates 22
22 Analysts have issued a price target Shinhan Financial Group 2025 . The average Shinhan Financial Group target price is KRW71,159.10. This is higher than the current stock price. The highest price target is
KRW81,000.00 49.17%
register free of charge
, the lowest is
KRW57,000.00 4.97%
register free of charge
.
A rating was issued by 22 analysts: 19 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

Create a premium account to unlock analyst estimates. Learn more

Quarter Annually
Dec '23 2024
Estimates
Revenue Billion KRW 36,391.56 14,894.55
11.34% 59.07%
Net Margin 11.13% 31.36%
14.50% 181.68%

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

KRW14.9t
Unlock
. This is
61.82% lower
Unlock
than the revenue of the last 12 months(TTM). The highest sales forecast is
KRW15.2t 60.92%
Unlock
, the lowest is
KRW14.6t 62.48%
Unlock
.

This results in the following potential growth metrics:

Revenue Estimates

2023 KRW36.4t 11.34%
2024
KRW14.9t 59.07%
Unlock
2025
KRW15.2t 2.25%
Unlock
2026
KRW15.7t 3.10%
Unlock

7 Shinhan Financial Group Analysts have issued a net profit forecast 2024. The average Shinhan Financial Group net profit estimate is

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

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

Net Profit Estimates

2023 KRW4.1t 4.81%
2024
KRW4.7t 15.30%
Unlock
2025
KRW5.1t 10.24%
Unlock
2026
KRW5.5t 6.55%
Unlock

Net Margin

2023 11.13% 14.50%
2024
31.36% 181.68%
Unlock
2025
33.81% 7.81%
Unlock
2026
34.94% 3.34%
Unlock

Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

Create a premium account to unlock analyst estimates. Learn more

Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share KRW 8,047.57 9,278.52
4.81% 15.30%
P/E 6.08
EV/Sales 9.16

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
Unlock
. This is
6.68% higher
Unlock
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%
Unlock
, the lowest is
KRW9,070.64 4.29%
Unlock
.

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

Earnings Per Share

2023 KRW8,047.57 4.81%
2024
KRW9,278.52 15.30%
Unlock
2025
KRW10,228.45 10.24%
Unlock
2026
KRW10,897.91 6.55%
Unlock

P/E ratio

Current 6.48 34.44%
2024
6.08 6.17%
Unlock
2025
5.51 9.38%
Unlock
2026
5.18 5.99%
Unlock

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 3.50 4.48%
2024
9.16 161.82%
Unlock
2025
8.96 2.20%
Unlock
2026
8.69 3.01%
Unlock

P/S ratio

Current 0.74 40.33%
2024
1.95 161.89%
Unlock
2025
1.91 2.20%
Unlock
2026
1.85 3.01%
Unlock

Register for Free

StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.

The Apple stock at a glance with charts, current key metrics, news and stock analyses.
The Best Dividend Stocks in the Dividend Top Scorer list.
Stock Analyses of the Best Stocks Worldwide.
Start building wealth today