(SHG) Shinhan Financial - Overview

Sector: Financial Services | Industry: Banks - Regional | Exchange: NYSE (USA) | Market Cap: 30.558m USD | Total Return: 99.5% in 12m

Stock Banking, Cards, Securities, Insurance, Credit
Total Rating 56
Safety 73
Buy Signal 0.45
Banks - Regional +1.6
Diversified Banks -1.8
Market Cap: 30,558m
Avg Trading Vol: 22.4M USD
ATR: 3.19%
Peers RS (IBD): 95.4
Risk 5d forecast
Volatility32.6%
Rel. Tail Risk-9.35%
Reward TTM
Sharpe Ratio2.16
Alpha79.47
Character TTM
Beta0.968
Beta Downside1.019
Drawdowns 3y
Max DD35.19%
CAGR/Max DD1.08
EPS (Earnings per Share) EPS (Earnings per Share) of SHG over the last years for every Quarter: "2021-03": 2.03, "2021-06": 1.98, "2021-09": 1.81, "2021-12": 0.72, "2022-03": 2.02, "2022-06": 1.87, "2022-09": 2.2, "2022-12": 0.44, "2023-03": 1.9, "2023-06": 1.79, "2023-09": 1.69, "2023-12": 0.74, "2024-03": 1.87, "2024-06": 2, "2024-09": 1.78, "2024-12": 0.59, "2025-03": 2.0096, "2025-06": 4.43, "2025-09": 1.9913, "2025-12": 0.6713,
EPS CAGR: -25.46%
EPS Trend: -1.3%
Last SUE: -0.41
Qual. Beats: 0
Revenue Revenue of SHG over the last years for every Quarter: 2021-03: 6312743, 2021-06: 6369855, 2021-09: 6170421, 2021-12: 5833093, 2022-03: 5750689, 2022-06: 6083091, 2022-09: 6089273, 2022-12: 4918849, 2023-03: 7942937, 2023-06: 8253436, 2023-09: 8347184, 2023-12: 9635130, 2024-03: 8635731, 2024-06: 8821073, 2024-09: 8818272, 2024-12: 3045609, 2025-03: 8559662, 2025-06: 8828009, 2025-09: 3993691, 2025-12: 9557714.99,
Rev. CAGR: 14.51%
Rev. Trend: 9.4%
Last SUE: 2.26
Qual. Beats: 1
Description: SHG Shinhan Financial

Shinhan Financial Group Co., Ltd. (SHG) is a South Korean financial services company. It operates across six segments: Commercial Banking, Credit Card, Securities, Insurance, Credit, and Others.

The company offers a broad range of financial products and services. These include retail banking, such as deposit accounts and various lending products, and corporate banking, which covers investment banking, real estate financing, and M&A consulting. Diversified banks like SHG often generate revenue from multiple streams, reducing reliance on a single business line.

SHG also engages in treasury and investment activities in international capital markets, providing foreign exchange and trade-related financial services. Additionally, it offers specialized services like real estate trust, investment advisory, and insurance. The financial sector in South Korea is highly regulated, impacting capital requirements and operational practices.

To deepen your understanding of SHGs performance metrics and market position, consider exploring its detailed financial reports on ValueRay.

Headlines to Watch Out For
  • South Korean interest rate changes impact net interest margin
  • Global economic slowdown affects loan demand and asset quality
  • Regulatory changes in South Korea influence banking operations
  • Credit card spending trends drive fee income
  • Insurance underwriting performance impacts profitability
Piotroski VR‑10 (Strict) 3.0
Net Income: 4996.24b TTM > 0 and > 6% of Revenue
FCF/TA: -0.01 > 0.02 and ΔFCF/TA -1.22 > 1.0
NWC/Revenue: -182.8% < 20% (prev 96.19%; Δ -279.0% < -1%)
CFO/TA -0.01 > 3% & CFO -10060.04b > Net Income 4996.24b
Net Debt (133066.76b) to EBITDA (7540.69b): 17.65 < 3
Current Ratio: 0.27 > 1.5 & < 3
Outstanding Shares: last quarter (511.6m) vs 12m ago 2.09% < -2%
Gross Margin: 40.90% > 18% (prev 0.50%; Δ 4.04k% > 0.5%)
Asset Turnover: 4.06% > 50% (prev 3.96%; Δ 0.09% > 0%)
Interest Coverage Ratio: 0.40 > 6 (EBITDA TTM 7540.69b / Interest Expense TTM 16515.28b)
Altman Z'' -0.18
A: -0.07 (Total Current Assets 21141.10b - Total Current Liabilities 77707.70b) / Total Assets 785980.75b
B: 0.05 (Retained Earnings 41794.39b / Total Assets 785980.75b)
C: 0.01 (EBIT TTM 6540.55b / Avg Total Assets 762872.50b)
D: 0.06 (Book Value of Equity 42289.20b / Total Liabilities 730360.58b)
Altman-Z'' Score: -0.18 = B
Beneish M
DSRI: none (Receivables none/13611.34b, Revenue 30939.08b/29320.69b)
GMI: 1.22 (GM 40.90% / 49.88%)
AQI: 1.02 (AQ_t 0.97 / AQ_t-1 0.95)
SGI: 1.06 (Revenue 30939.08b / 29320.69b)
TATA: 0.02 (NI 4996.24b - CFO -10060.04b) / TA 785980.75b)
Beneish M-Score: cannot calculate (missing components)
What is the price of SHG shares? As of April 05, 2026, the stock is trading at USD 61.32 with a total of 358,604 shares traded.
Over the past week, the price has changed by +2.19%, over one month by -2.52%, over three months by +11.68% and over the past year by +99.48%.
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?
Wallstreet Target Price 86.4 40.9%
Analysts Target Price 86.4 40.9%
SHG Fundamental Data Overview as of 02 April 2026
P/E Trailing = 9.4338
P/E Forward = 4.0833
P/S = 0.0019
P/B = 0.6022
P/EG = 5.1048
Revenue TTM = 30939.08b USD
EBIT TTM = 6540.55b USD
EBITDA TTM = 7540.69b USD
Long Term Debt = 129486.81b USD (from longTermDebt, two quarters ago)
Short Term Debt = 77707.70b USD (from shortTermDebt, last quarter)
Debt = 154207.86b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 133066.76b USD (from netDebt column, last quarter)
Enterprise Value = 126560.73b USD (30.56b + Debt 154207.86b - CCE 27677.69b)
Interest Coverage Ratio = 0.40 (Ebit TTM 6540.55b / Interest Expense TTM 16515.28b)
EV/FCF = -11.99x (Enterprise Value 126560.73b / FCF TTM -10553.65b)
FCF Yield = -8.34% (FCF TTM -10553.65b / Enterprise Value 126560.73b)
FCF Margin = -34.11% (FCF TTM -10553.65b / Revenue TTM 30939.08b)
Net Margin = 16.15% (Net Income TTM 4996.24b / Revenue TTM 30939.08b)
Gross Margin = 40.90% ((Revenue TTM 30939.08b - Cost of Revenue TTM 18285.30b) / Revenue TTM)
Gross Margin QoQ = 52.89% (prev -10.63%)
Tobins Q-Ratio = 0.16 (Enterprise Value 126560.73b / Total Assets 785980.75b)
Interest Expense / Debt = 2.75% (Interest Expense 4243.83b / Debt 154207.86b)
Taxrate = 41.71% (322.65b / 773.48b)
NOPAT = 3812.22b (EBIT 6540.55b * (1 - 41.71%))
Current Ratio = 0.27 (Total Current Assets 21141.10b / Total Current Liabilities 77707.70b)
Debt / Equity = 2.90 (Debt 154207.86b / totalStockholderEquity, last quarter 53207.22b)
Debt / EBITDA = 17.65 (Net Debt 133066.76b / EBITDA 7540.69b)
 Debt / FCF = -12.61 (negative FCF - burning cash) (Net Debt 133066.76b / FCF TTM -10553.65b)
 Total Stockholder Equity = 56271.39b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.65% (Net Income 4996.24b / Total Assets 785980.75b)
RoE = 8.88% (Net Income TTM 4996.24b / Total Stockholder Equity 56271.39b)
RoCE = 3.52% (EBIT 6540.55b / Capital Employed (Equity 56271.39b + L.T.Debt 129486.81b))
RoIC = 2.03% (NOPAT 3812.22b / Invested Capital 187716.41b)
WACC = 1.61% (E(30.56b)/V(154238.42b) * Re(9.39%) + D(154207.86b)/V(154238.42b) * Rd(2.75%) * (1-Tc(0.42)))
Discount Rate = 9.39% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.00%
 [DCF] Fair Price = unknown (Cash Flow -10553.65b)
 EPS Correlation: -1.31 | EPS CAGR: -25.46% | SUE: -0.41 | # QB: 0
Revenue Correlation: 9.36 | Revenue CAGR: 14.51% | SUE: 2.26 | # QB: 1
EPS current Year (2026-12-31): EPS=8.00 | Chg7d=+0.055 | Chg30d=+0.432 | Revisions Net=+1 | Growth EPS=+19.3% | Growth Revenue=+4.6%
External Resources
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