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Samsung Fire & Marine Insurance Co (000810) Fair Value & Analysis

Financial Services · KR · Market cap 27.5T KRW

SF Samsung Fire & Marine Insurance Co 000810 · KO
Price648,000 KRW
Fair Value658,771 KRW
Upside+1.7%
Quality60/100
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Weak Growth
Thin margins · 9.3% net margin
Low debt · generates free cash flow
3.01% dividend yield
Mixed vs. peers (5/10)
Moderate moat 46/100
Evidence: High Range 494,078 KRW – 823,464 KRW Share as image

Fair value as of: Jul 12, 2026

From 23 valuation models · updated 27 days ago

Share price −5.0% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

730,000 KRW 140,811 KRW Fair Value 658,771 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

60‑month range 140,811 KRW – 730,000 KRW · fair‑value band 494,078 KRW – 823,464 KRW · the 648,000 KRW price screens below the 658,771 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 12, 2026.

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Analysis

Samsung Fire & Marine Insurance Co (000810) currently trades at 648,000 KRW, while our model-based Fair Value estimate is 658,771 KRW, implying the stock looks roughly 1.7% fairly valued today. We read business quality at 60/100 (solid quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Samsung Fire & Marine Insurance Co generated revenue of 21.8T KRW at a net margin of 9.3%. Revenue grew 4.9% year over year. It earns a return on equity of 11.0%. Fundamentals as of Jul 12, 2026

Our scenario range runs from 494,078 KRW (bear case) to 823,464 KRW (bull case); at 648,000 KRW, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 14% below its 52-week high and 64% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 8% fair-value upside, at 2%, 000810 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF 1,054,249 KRW 1,478,894 KRW 2,090,354 KRW 80
Residual Income 470,234 KRW 521,773 KRW 824,888 KRW 76
Rev-Margin DCF 601,739 KRW 797,708 KRW 1,013,827 KRW 74
All 23 models by family
DCF Models
FCF DCF 1,022,845 KRW 1,476,335 KRW 2,157,706 KRW 38
Owner Earnings 697,915 KRW 995,460 KRW 1,442,522 KRW 31
5Y Revenue Exit 601,739 KRW 782,464 KRW 996,451 KRW 39
5Y EBITDA Exit 635,856 KRW 843,234 KRW 1,068,258 KRW 41
5Y P/E Exit 841,274 KRW 1,209,126 KRW 1,573,413 KRW 38
10Y Revenue Exit 735,466 KRW 928,034 KRW 1,152,852 KRW 36
10Y EBITDA Exit 766,855 KRW 970,091 KRW 1,206,464 KRW 37
10Y P/E Exit 898,247 KRW 1,223,318 KRW 1,583,625 KRW 35
Earnings-Based
Graham-Dodd 344,588 KRW 814,579 KRW 1,049,179 KRW 54
PEG = 1.0 140,825 KRW 201,178 KRW 261,532 KRW 46
EPV 324,667 KRW 368,206 KRW 406,907 KRW 59
Multiples
P/E Multiple 760,120 KRW 1,013,494 KRW 1,266,867 KRW 63
P/S Multiple 646,102 KRW 861,470 KRW 1,076,837 KRW 58
P/B Multiple 646,102 KRW 861,470 KRW 1,076,837 KRW 55
EV/EBIT 549,525 KRW 706,717 KRW 863,908 KRW 53
EV/EBITDA 478,286 KRW 611,732 KRW 745,178 KRW 54
EV/Revenue 395,826 KRW 532,059 KRW 668,292 KRW 43
Asset-Based
NCAV (Graham) 266,868 KRW 357,603 KRW 533,736 KRW 50
Growth DCF
Growth DCF 1,054,249 KRW 1,478,894 KRW 2,090,354 KRW 80
Rev-Margin DCF 601,739 KRW 797,708 KRW 1,013,827 KRW 74
Economic Profit
Residual Income 470,234 KRW 521,773 KRW 824,888 KRW 76
ROIC Compounder 324,667 KRW 368,206 KRW 406,907 KRW 72
Growth Earnings
Growth-Adj P/E 578,290 KRW 826,129 KRW 1,073,968 KRW 68

Widest divergence: DCF Models (970,091 KRW) versus Asset-Based (357,603 KRW). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 22.0T KRW
Revenue growth (YoY) +4.6%
Net margin 9.3%
Return on equity 10.3%
Free cash flow 3.3T KRW FY2025
Operating margin 8.4%
More key figures
Dividend yield 3.0%
EPS growth (YoY) -2.2%

Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 60/100

Of which business quality 54 · Market factors (momentum, volatility) 74

Profitability 26
Margins and returns on capital today
Quality Growth 44
Are margins and returns improving?
Cashflow 78
Earnings quality: real cash, not paper profit
Fin. Strength 38
Balance sheet, leverage, solvency risk
Investment 62
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 89
Price trend over the last 3–12 months (market factor)
52W Momentum 76
Distance to the 52-week high (market factor)
Net Issuance 90
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Samsung Fire & Marine Insurance Co., Ltd., together with its subsidiaries, provides non-life insurance products and services in South Korea, China, Indonesia, Vietnam, Singapore, the United States, and the United Kingdom.

Full company description

Samsung Fire & Marine Insurance Co., Ltd., together with its subsidiaries, provides non-life insurance products and services in South Korea, China, Indonesia, Vietnam, Singapore, the United States, and the United Kingdom. The company offers automobile insurance, long-term damage insurance, personal pensions, and retirement pensions, as well as claim adjustment, agency, and insurance consulting services. It also provides general insurance that covers risks related to business management, personal property, and body, including fire, marine, technology, liability, injury, and disease. The company was founded in 1952 and is headquartered in Seoul, South Korea.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Samsung Fire & Marine Insurance Co reported revenue of 20.7T KRW in FY2025 versus 21.6T KRW in FY2021, a compound −1.1%/yr. Reported net income was 2.0T KRW in FY2025, compounding +15.8%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
20.7T KRW
Latest YoY
+9.4%
Avg. growth/yr (3Y)
−2.2%
Avg. growth/yr (5Y)
−0.8%
Avg. growth/yr (26Y)
+6.5%
Revenue −1.1%/yr
FY21 21.6T KRW
FY22 22.1T KRW
FY23 17.8T KRW
FY24 18.9T KRW
FY25 20.7T KRW
Net income +15.8%/yr
FY21 1.1T KRW
FY22 1.3T KRW
FY23 1.8T KRW
FY24 2.1T KRW
FY25 2.0T KRW

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Cite: Fair Value Calculator (2026). "Samsung Fire & Marine Insurance Co Fair Value". https://www.fairvalue-calculator.com/stock/000810

Peer Group

Insurance - Property & Casualty · 120 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 61 · Above median
Fair Value upside +2% · Below median
Return on equity (TTM) 10% · Below median
Return on assets 2% · Below median
Net margin (TTM) 9% · Above median
Operating margin (TTM) 8% · Below median
Revenue growth 5% · Below median
Dividend yield (TTM) 3.0% · Above median
Debt / equity 0.02× · Lower than 75% of peers

Valuation Multiples vs Insurance - Property & Casualty median · lower = cheaper

P/FCF 0.0× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 36 · sector 41
FUTURE 23 · sector 31
PAST 41 · sector 56
HEALTH 99 · sector 92
DIVIDEND 60 · sector 48

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Insurance - Property & Casualty stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
The Progressive Corporation PGR $234.48 $252.50 +8%
Chubb Limited CB $337.44 $345.56 +2%
The Travelers Companies, Inc TRV $368.98 $384.42 +4%
The Allstate Corporation ALL $251.61 $503.22 +100%
The People's Insurance Company 601319 ¥7.06 ¥13.71 +94%
Intact Financial Corporation IFC C$294.02 C$247.44 -16%
Fairfax Financial Holdings FFH C$2,327 C$3,252 +40%
QBE Insurance Group QBE A$25.47 A$19.42 -24%
Powszechny Zaklad Ubezpieczen SA PZU 69.80 PLN 100.85 PLN +44%
Gjensidige Forsikring ASA GJF kr 277.00 kr 170.47 -38%

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Frequently asked questions

Is Samsung Fire & Marine Insurance Co (000810) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of 658,771 KRW versus a price of 648,000 KRW, about +2% (fairly valued).
What is the fair value of 000810?
Our model-based fair value for Samsung Fire & Marine Insurance Co is 658,771 KRW (as of Jul 12, 2026), built from audited fundamentals. The current price is 648,000 KRW.
What is the quality score of 000810?
Samsung Fire & Marine Insurance Co has a Quality Score of 60/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Samsung Fire & Marine Insurance Co (000810)?
Samsung Fire & Marine Insurance Co reported trailing-twelve-month revenue of about 21.8T KRW (latest available figure, as of Jul 12, 2026).
What is the net profit margin of 000810?
The net profit margin of Samsung Fire & Marine Insurance Co is about 9.3%, meaning it keeps roughly 9.3% of revenue as net income. Based on the latest reported figures.
Does Samsung Fire & Marine Insurance Co pay a dividend?
Samsung Fire & Marine Insurance Co currently shows a dividend yield of about 2.81% relative to its recent price (as of Jul 12, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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