KRW14,000.00
1.08% today
Korea, Jul 02, 08:30 am CET
ISIN
KR7024110009
Symbol
024110
Index
Sector
Industry

Industrial Bank of Korea Target price 2024 - Analyst rating & recommendation

Industrial Bank of Korea Classifications & Recommendation:

Buy
45%
Hold
45%
Sell
10%

Industrial Bank of Korea Target price

Target price KRW15,410.50
Course KRW14,000.00
Price potential
Number of estimates 19
19 Analysts have issued a price target Industrial Bank of Korea 2025 . The average Industrial Bank of Korea target price is KRW15,410.50. This is higher than the current share price. The highest price target is
KRW19,000.00 35.71%
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, the lowest is
KRW9,400.00 32.86%
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.
A rating was issued by 20 analysts: 9 Analysts recommend Industrial Bank of Korea to buy, 9 to hold and 2 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 Industrial Bank of Korea share has an average upside potential 2025 of . Most analysts recommend the Industrial Bank of Korea share at Buy or hold.

Sales and margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Forecast
Turnover Billion KRW 20,115.30 8,543.23
35.53% 57.53%
Net margin 12.54% 31.53%
29.72% 151.52%

15 Analysts have issued a sales forecast Industrial Bank of Korea 2024 . The average Industrial Bank of Korea sales estimate is

KRW8.5t
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. This is
58.39% lower
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than the turnover of the last 12 months(TTM). The highest sales forecast is
KRW9.0t 56.40%
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, the lowest is
KRW8.2t 60.20%
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.

This results in the following potential growth figures:

Sales forecast

2023 KRW20.1t 35.53%
2024
KRW8.5t 57.53%
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2025
KRW8.8t 2.43%
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2026
KRW9.1t 3.61%
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7 Industrial Bank of Korea Analysts have issued a net profit forecast 2024. The average Industrial Bank of Korea net profit estimate is

KRW2.7t
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. This is
4.58% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
KRW2.9t 13.39%
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, the lowest is
KRW2.3t 9.14%
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.

This results in the following potential growth figures and future net margins:

Net profit forecast

2023 KRW2.5t 4.75%
2024
KRW2.7t 6.84%
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2025
KRW2.8t 2.48%
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2026
KRW2.9t 4.17%
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Net margin

2023 12.54% 29.72%
2024
31.53% 151.52%
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2025
31.55% 0.06%
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2026
31.72% 0.54%
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Earnings per share, P/E ratio and EV/sales forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Forecast
Earnings per share KRW 3,162.14 3,378.38
4.75% 6.84%
P/E ratio 4.10
EV/Sales 28.22

7 Analysts have issued a Industrial Bank of Korea forecast for earnings per share. The average Industrial Bank of Korea <a href=/blog/eps>EPS is

KRW3,378.38
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. This is
4.58% higher
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than earnings per share in the financial year 2023. The highest <a href=/blog/eps>EPS forecast is
KRW3,663.00 13.39%
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, the lowest is
KRW2,935.00 9.14%
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.

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

Earnings per share

2023 KRW3,162.14 4.75%
2024
KRW3,378.38 6.84%
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2025
KRW3,462.10 2.48%
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2026
KRW3,606.41 4.17%
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P/E ratio

Current 4.34 41.37%
2024
4.10 5.53%
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2025
4.00 2.44%
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2026
3.84 4.00%
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Based on analysts' sales estimates for 2024, the Industrial Bank of Korea share is valued at an <a href=/blog/ev-sales-einfach-erklaert>EV/Sales of

28.22
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and an <a href=/blog/kurs-umsatz-verhaeltnis-kuv-einfach-erklaert>P/S ratio of .

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

EV/Sales

Current 11.74 13.10%
2024
28.22 140.40%
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2025
27.55 2.37%
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2026
26.59 3.49%
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P/S ratio

Current 0.54 10.20%
2024
1.31 140.33%
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2025
1.28 2.37%
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2026
1.23 3.49%
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