(SHG) Shinhan Financial - Overview

Exchange: NYSE • Country: South Korea • Currency: USD • Type: Common Stock • ISIN: US8245961003

Stock:

Total Rating 48

Risk 78

Buy Signal 0.36

Banks - Regional -1.3
Diversified Banks -5.6

Market Cap: 33,232m
Avg Trading Vol: 16.7M USD

ATR: 2.49%
Peers RS (IBD): 94.64

Risk 5d forecast
Volatility	31.6%
Relative Tail Risk	-9.92%

Reward TTM
Sharpe Ratio	2.51
Alpha	103.29

Character TTM
Beta	0.734
Beta Downside	0.464

Drawdowns 3y
Max DD	35.19%
CAGR/Max DD	1.18

EPS (Earnings per Share)

EPS CAGR: -25.46%
EPS Trend: -1.3%

Last SUE: -0.41
Qual. Beats: 0

Revenue

Rev. CAGR: -39.09%
Rev. Trend: -36.3%

Last SUE: -0.77
Qual. Beats: 0

Description: SHG Shinhan Financial

Shinhan Financial Group Co., Ltd. provides financial products and services in South Korea and internationally. The company operates in six segments: Commercial Banking, Credit Card, Securities, Insurance, Credit, and Others. It offers retail banking services, including demand, savings, and fixed deposit-taking; checking accounts; mortgage and home equity, and retail lending; electronic banking and automatic teller machines (ATM); and bill paying, payroll and check-cashing, currency exchange, and wire fund transfer services. The company also provides corporate banking services, such as investment banking, real estate financing, overseas real estate and development project financing, infrastructure and structured financing, equity/venture investments, and mergers and acquisitions consulting; securitization and derivatives services comprising securities and derivative products, and foreign exchange trading; business expansion financing and consulting services; and working capital loans and facilities loans. In addition, it is involved in treasury and investment activities in international capital markets consisting of foreign currency-denominated securities trading, foreign exchange trading and services, trade-related financial services, international factoring services, and foreign banking operations. Further, the company offers real estate trust, investment advisory, venture business investment, life and non-life insurance, trust account management, securities brokerage, and asset management services. Additionally, it provides transaction history inquiries and fund transfers, opening letters of credit, trade finance, payment and collection management, sales and acquisition settlement, business-to-business settlement, sweeping, pooling, ERP interface, host-to-host banking, SWIFT SCORE, and cash and liquidity management service. The company was founded in 1982 and is headquartered in Seoul, South Korea.

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income: 4996.24b TTM > 0 and > 6% of Revenue
FCF/TA: -0.01 > 0.02 and ΔFCF/TA -0.92 > 1.0
NWC/Revenue: -1368 % < 20% (prev 96.19%; Δ -1464 % < -1%)
CFO/TA -0.01 > 3% & CFO -6154.13b > Net Income 4996.24b
Net Debt (144636.21b) to EBITDA (8103.74b): 17.85 < 3
Current Ratio: 0.33 > 1.5 & < 3
Outstanding Shares: last quarter (511.6m) vs 12m ago 2.09% < -2%
Gross Margin: 38.13% > 18% (prev 0.50%; Δ 3763 % > 0.5%)
Asset Turnover: 2.93% > 50% (prev 3.96%; Δ -1.04% > 0%)
Interest Coverage Ratio: 0.49 > 6 (EBITDA TTM 8103.74b / Interest Expense TTM 12271.45b)

Altman Z'' -2.33

A: -0.39 (Total Current Assets 147083.25b - Total Current Liabilities 451741.35b) / Total Assets 782940.31b
B: 0.05 (Retained Earnings 41615.68b / Total Assets 782940.31b)
C: 0.01 (EBIT TTM 6028.31b / Avg Total Assets 761352.28b)
D: 0.0 (Book Value of Equity 0.0 / Total Liabilities 722362.70b)
Altman-Z'' Score: -2.33 = D

Beneish M

DSRI: none (Receivables none/13611.34b, Revenue 22277.45b/29320.69b)
GMI: 1.31 (GM 38.13% / 49.88%)
AQI: none (AQ_t none / AQ_t-1 none)
SGI: 0.76 (Revenue 22277.45b / 29320.69b)
TATA: 0.01 (NI 4996.24b - CFO -6154.13b) / TA 782940.31b)
Beneish M-Score: cannot calculate (missing components)

What is the price of SHG shares?

As of February 27, 2026, the stock is trading at USD 69.54 with a total of 244,291 shares traded.
Over the past week, the price has changed by -0.07%, over one month by +20.06%, over three months by +27.62% and over the past year by +113.35%.

Is SHG a buy, sell or hold?

Shinhan Financial has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy SHG.

StrongBuy: 1
Buy: 0
Hold: 0
Sell: 0
StrongSell: 0

What are the forecasts/targets for the SHG price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	79.3	14%
Analysts Target Price	79.3	14%

SHG Fundamental Data Overview February 21, 2026

P/E Trailing = 9.7329
P/E Forward = 4.0833
P/S = 0.0021
P/B = 1.3433
P/EG = 5.1048
Revenue TTM = 22277.45b USD
EBIT TTM = 6028.31b USD
EBITDA TTM = 8103.74b USD
Long Term Debt = 129486.81b USD (from longTermDebt, two quarters ago)
Short Term Debt = 12759.95b USD (from shortTermDebt, two quarters ago)
Debt = 144636.21b USD (from shortLongTermDebtTotal, two quarters ago)
Net Debt = 144636.21b USD (using Total Debt 144636.21b, CCE unavailable)
Enterprise Value = 144669.45b USD (33.23b + Debt 144636.21b - (null CCE))
Interest Coverage Ratio = 0.49 (Ebit TTM 6028.31b / Interest Expense TTM 12271.45b)
EV/FCF = -21.76x (Enterprise Value 144669.45b / FCF TTM -6647.87b)
FCF Yield = -4.60% (FCF TTM -6647.87b / Enterprise Value 144669.45b)
FCF Margin = -29.84% (FCF TTM -6647.87b / Revenue TTM 22277.45b)
Net Margin = 22.43% (Net Income TTM 4996.24b / Revenue TTM 22277.45b)
Gross Margin = 38.13% ((Revenue TTM 22277.45b - Cost of Revenue TTM 13782.51b) / Revenue TTM)
Gross Margin QoQ = none% (prev -10.63%)
Tobins Q-Ratio = 0.18 (Enterprise Value 144669.45b / Total Assets 782940.31b)
Interest Expense / Debt = 2.73% (Interest Expense 3955.18b / Debt 144636.21b)
Taxrate = 40.26% (360.80b / 896.09b)
NOPAT = 3601.10b (EBIT 6028.31b * (1 - 40.26%))
Current Ratio = 0.33 (Total Current Assets 147083.25b / Total Current Liabilities 451741.35b)
Debt / Equity = 2.50 (Debt 144636.21b / totalStockholderEquity, two quarters ago 57870.56b)
Debt / EBITDA = 17.85 (Net Debt 144636.21b / EBITDA 8103.74b)
Debt / FCF = -21.76 (negative FCF - burning cash) (Net Debt 144636.21b / FCF TTM -6647.87b)
Total Stockholder Equity = 56983.02b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.66% (Net Income 4996.24b / Total Assets 782940.31b)
RoE = 8.77% (Net Income TTM 4996.24b / Total Stockholder Equity 56983.02b)
RoCE = 3.23% (EBIT 6028.31b / Capital Employed (Equity 56983.02b + L.T.Debt 129486.81b))
RoIC = 1.92% (NOPAT 3601.10b / Invested Capital 187716.41b)
WACC = 1.64% (E(33.23b)/V(144669.45b) * Re(8.60%) + D(144636.21b)/V(144669.45b) * Rd(2.73%) * (1-Tc(0.40)))
Discount Rate = 8.60% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.00%
[DCF] Fair Price = unknown (Cash Flow -6647.87b)
EPS Correlation: -1.31 | EPS CAGR: -25.46% | SUE: -0.41 | # QB: 0
Revenue Correlation: -36.27 | Revenue CAGR: -39.09% | SUE: -0.77 | # QB: 0
EPS next Quarter (2026-03-31): EPS=2.17 | Chg7d=+0.094 | Chg30d=+0.094 | Revisions Net=-1 | Analysts=1
EPS current Year (2026-12-31): EPS=7.94 | Chg7d=+0.376 | Chg30d=+0.376 | Revisions Net=-1 | Growth EPS=+18.5% | Growth Revenue=+4.4%

Additional Sources for SHG Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle