Financials NH Investment & Securities Co., Ltd.

Equities

A005940

KR7005940002

Investment Banking & Brokerage Services

End-of-day quote Korea S.E. 18:00:00 2024-05-12 EDT 5-day change 1st Jan Change
12,730 KRW +0.24% Intraday chart for NH Investment & Securities Co., Ltd. +2.41% +23.23%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,728,498 3,334,530 3,924,224 3,067,647 3,603,605 4,375,780 - -
Enterprise Value (EV) 1 3,728,498 3,334,530 3,924,224 3,067,647 3,603,605 4,375,780 4,375,780 4,375,780
P/E ratio 8.01 x 5.88 x 4.07 x 9.95 x 6.51 x 6.17 x 6.42 x 5.88 x
Yield 3.94% 6.19% 8.4% 7.98% 7.74% 6.57% 6.62% 7.23%
Capitalization / Revenue 2.69 x 1.98 x 1.68 x 2.25 x 2.15 x 2.28 x 2.28 x 2.16 x
EV / Revenue 2.69 x 1.98 x 1.68 x 2.25 x 2.15 x 2.28 x 2.28 x 2.16 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.66 x 0.58 x 0.54 x 0.4 x 0.45 x 0.54 x 0.52 x 0.49 x
Nbr of stocks (in thousands) 299,333 299,333 315,221 349,853 349,853 345,680 - -
Reference price 2 12,700 11,300 12,500 8,770 10,330 12,700 12,700 12,700
Announcement Date 20-01-30 21-01-28 22-01-21 23-02-01 24-01-26 - - -
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,387 1,681 2,341 1,366 1,678 1,915 1,919 2,024
EBITDA - - - - - - - -
EBIT 1 575.4 787.3 1,317 521.4 749.2 888.7 898.9 962.7
Operating Margin 41.48% 46.84% 56.25% 38.15% 44.64% 46.4% 46.85% 47.57%
Earnings before Tax (EBT) 1 633.2 789.1 1,325 440.2 744.3 901 896.7 989
Net income 1 475.5 576.9 947.9 303.4 573.9 668 652.3 725.5
Net margin 34.28% 34.32% 40.5% 22.21% 34.19% 34.88% 33.99% 35.85%
EPS 2 1,585 1,923 3,071 881.0 1,588 2,059 1,977 2,160
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 500.0 700.0 1,050 700.0 800.0 834.4 841.0 918.8
Announcement Date 20-01-30 21-01-28 22-01-21 23-02-01 24-01-26 - - -
1KRW in Billions2KRW
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2
Net sales 1 532.4 497.9 384.2 368.5 265.7 347.9 484.8 468 347.7 377.9 436 453
EBITDA - - - - - - - - - - - -
EBIT 1 292.7 233.8 161.8 154.2 68.5 136.9 251.5 220.4 118.4 135.4 276.9 199
Operating Margin 54.98% 46.97% 42.1% 41.83% 25.78% 39.36% 51.87% 47.1% 34.06% 35.83% 44.34% 43.93%
Earnings before Tax (EBT) 1 288.9 274.1 142.8 155.4 37.87 104.1 242.6 225.6 124 128.5 291.3 231
Net income 1 214.6 189 102.4 119.7 12.05 69.27 184.1 182.7 100.8 88.87 225.5 170
Net margin 40.31% 37.96% 26.65% 32.48% 4.54% 19.91% 37.97% 39.03% 29% 23.52% 34.85% 37.53%
EPS - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - -
Announcement Date 21-10-22 22-01-21 22-04-21 22-07-25 22-10-27 23-02-01 23-04-27 23-07-27 23-10-26 24-01-26 24-04-25 -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 9.12% 10.3% 15% 4.31% 7.72% 8.7% 8.19% 8.32%
ROA (Net income/ Total Assets) 0.92% 1.02% 1.54% 0.49% 1.01% 1.14% 1.1% 1.14%
Assets 1 51,655 56,621 61,708 61,872 56,784 58,725 59,407 63,501
Book Value Per Share 2 19,183 19,352 23,007 21,824 22,950 23,360 24,590 26,024
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 20-01-30 21-01-28 22-01-21 23-02-01 24-01-26 - - -
1KRW in Billions2KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
12
Last Close Price
12,730 KRW
Average target price
14,045 KRW
Spread / Average Target
+10.33%
Consensus

Quarterly revenue - Rate of surprise

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