Shinhan Financial Group stock
SHGNYSEShinhan Financial Group Co., Ltd., Financial ServicesISIN US8245961003
59Score 59 out of 100, Neutral
Price and trend
57 / 100
Price history
+20% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 6.4% below it.
Since June 2025 the 50-day line has been above the 200-day line; the trend has turned up.
Normal: the price is neither overheated nor sold off (RSI 38).
The price is 24% below its 52-week high. Largest decline in 20 years: 82% (July 2007 to March 2009).
Chart figures for advanced users
- SMA 50$74.39
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$68.96
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)38
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$51.70
- The lowest closing price of the last twelve months.
- Resistance$84.47
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Shinhan Financial Group Co., Ltd. belongs to the Banks (Regional) industry (South Korea) and, with a market value of $29.29B, is number 47 of 422 companies in its industry on MEQIRI.
- American depositary receipt (ADR): 1 ADR = 1 share.
- In fiscal 2025 it reported revenue of $13.59B (up 3.4% year on year) and earnings of $3.72B (up 11.7%).
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- MEQIRI Score 59 out of 100 (Neutral): rank 751 of 976 in Financial Services, median 68.
- The P/E is 7.5 (Banks (Regional) median 12.2, own median of recent years 5.8).
- Our model puts fair value at $97.27, with the price 34% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Below fair valuePrice 34% below the fair value of $97.27.Valuation 94
- Consistently profitableProfit in all 10 fiscal years from 2016 to 2025.Fundamentals 78
Weaknesses
- Revenue shrinkingRevenue down 2.7% a year since 2020.Growth 37
Its standout strengths are valuation and fundamentals, while profitability and growth hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 58 to 59.
The fundamentals are strong overall.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk medium
How well MEQIRI warnsIn the middle among stocks ranked 101 to 1,000.
From 2016 to 2025, 13 in 100 such stocks fell 30% or more within a year, against a group average of 15 in 100.
What lowers it
- solid fundamentals
Valuation
Valuation signal
Significantly undervaluedIn our model the price counts as cheap below $74.82 and expensive above $138.95 (uncertainty medium, based on the price swings of the past year).
The two parts of the fair value come to $89.43 (excess return model) and $105.10 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is below both.
Calculated with a cost of equity of 8.3%. At 9.3% the fair value would be $89.81, at 7.3% it would be $108.44.
Valuation metrics
Half from the excess return model, half from earnings times the industry P/E (12.2).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue fell 5.3% on the twelve months before. Revenue has grown solidly since 2006, at about 5% per year.
Margins
- Operating margin
- Net margin
In fiscal 2025: operating 38%, net 27%. Banks and insurers have no gross margin, and their net margin is not comparable with other industries. The score leaves both out. Last 12 months: net 33%.
Debt & balance sheet
latest quarterFor banks and insurers, deposits and liabilities are the business. Debt to equity and the current ratio say little here, and the score does not rate them.
Earnings
- Next earnings
- 2 Mar 2027in 110 days
- Last reported
- 27 Oct 2026above expectations
Analyst estimates
- Earnings per share
- 12,451.51+3.1%
- Revenue
- $12.64B+1.4%
- Earnings per share
- 13,472.45+2.4%
- Revenue
- $13.37B+2.1%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook confirmed
Share price after the results: +0.6%Shinhan maintains a neutral NIM outlook for year-end as rising and falling factors offset each other, while fee income and Lotte Insurance growth are expected to stay moderate.
“Shinhan Life decreased 31.3% Q-o-Q due to lower insurance finance income, reflecting widening experience variance losses and valuation losses and securities held.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 27 Oct 2026 (fiscal Q3 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases or sales in the last 6 months.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at Shinhan Financial Group
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
976 rated companies in Financial Services
- This company
- 59
- Sector median
- 68
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Banks (Regional)
The next larger and next smaller companies by market value
- NatWest GroupNWG $31.95B70
- M&T BankMTB $31.58B70
- BPER BancaBPE.MI $31.13B74
- TS Financial Holding2887.TW $30.92B69
- Sumitomo Mitsui Trust Holdings8309.T $29.24B72
- Raiffeisen Bank InternationalRBI.VI $29.12B73
- China Everbright Bank601818.SS $27.9B49
- Citizens Financial GroupCFG $27.41B66
ETFs that hold Shinhan Financial Group
Held by 58 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Xtrackers MSCI Korea UCITS ETF 1CDBX8 | 2.00% | 0.45% | €430.57M |
| Franklin FTSE Korea UCITS ETFFLXK | 1.66% | 0.09% | €4.23B |
| Amundi MSCI Emerging Markets SRI Climate Paris Aligned UCITS ETF DR (C)AMEI | 1.03% | 0.25% | €2.52B |
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| UBS MSCI EM Socially Responsible UCITS ETF USD accUETE | 1.02% | 0.24% | €2.81B |
| iShares MSCI EM SRI UCITS ETFQDVS | 0.81% | 0.25% | €2.76B |
| Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF (USD) DistributingVGEJ | 0.62% | 0.15% | €2.61B |
| Xtrackers MSCI Emerging Markets ESG UCITS ETF 1CXZEM | 0.53% | 0.25% | €1.15B |
| Deka MSCI Emerging Markets UCITS ETFEL40 | 0.44% | 0.40% | €297.2M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 11 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 11 Nov 2026 ($1 = ₩1,336.90)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 31 Mar 2011)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.