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Woori Financial Group (316140) Fair Value & Analysis

Financial Services · KR · Market cap 22.9T KRW

WF Woori Financial Group 316140 · KO
Price33,500 KRW
Fair Value55,811 KRW
Upside+66.6%
Quality58/100
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Healthy Growth
Highly profitable · 30.8% net margin
High debt · generates free cash flow
4.38% dividend yield
Mixed vs. peers (5/11)
Moderate moat 64/100
Evidence: High Range 41,858 KRW – 69,764 KRW Share as image

Fair value as of: Jul 18, 2026

From 22 valuation models · updated 21 days ago

Share price +6.2% over the past month.

A solid business, screening 67% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (41,858 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (58/100) at a price below fair value, the discount is the argument here, not the business quality.
  • 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)

39,740 KRW 6,903 KRW Fair Value 55,811 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

60‑month range 6,903 KRW – 39,740 KRW · fair‑value band 41,858 KRW – 69,764 KRW · the 33,500 KRW price screens below the 55,811 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 18, 2026.

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Analysis

Woori Financial Group (316140) currently trades at 33,500 KRW, while our model-based Fair Value estimate is 55,811 KRW, implying the stock looks roughly 66.6% undervalued today. We read business quality at 58/100 (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, Woori Financial Group generated revenue of 10.1T KRW at a net margin of 30.8%. Revenue grew 5.9% year over year. It earns a return on equity of 8.5%. Net debt stands at 50.4T KRW. Fundamentals as of Jul 18, 2026

Our scenario range runs from 41,858 KRW (bear case) to 69,764 KRW (bull case); at 33,500 KRW, the current price sits below 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 17% below its 52-week high and 74% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 42% fair-value upside, at 67%, 316140 screens cheaper 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 159,218 KRW 312,004 KRW 571,316 KRW 80
Residual Income 42,653 KRW 46,616 KRW 65,418 KRW 76
Gordon GGM 12,257 KRW 26,758 KRW 45,021 KRW 70
All 22 models by family
DCF Models
FCF DCF 156,341 KRW 309,492 KRW 565,726 KRW 38
Owner Earnings 42,251 KRW 117,711 KRW 31
5Y Revenue Exit 24,937 KRW 54,844 KRW 89,544 KRW 39
5Y EBITDA Exit 37,135 KRW 78,435 KRW 124,663 KRW 41
5Y P/E Exit 43,297 KRW 90,351 KRW 139,136 KRW 38
10Y Revenue Exit 66,593 KRW 106,567 KRW 155,772 KRW 36
10Y EBITDA Exit 75,713 KRW 123,632 KRW 184,067 KRW 37
10Y P/E Exit 79,784 KRW 132,251 KRW 195,728 KRW 35
Earnings-Based
Graham-Dodd 29,193 KRW 105,699 KRW 142,543 KRW 54
Lynch FV 25,063 KRW 35,805 KRW 46,546 KRW 50
PEG = 1.0 25,063 KRW 35,805 KRW 46,546 KRW 46
Dividend Discount
Gordon GGM 12,257 KRW 26,758 KRW 45,021 KRW 70
DDM Multi-Stage 12,257 KRW 21,919 KRW 27,886 KRW 61
Multiples
P/E Multiple 64,397 KRW 85,863 KRW 107,329 KRW 63
P/S Multiple 34,245 KRW 45,660 KRW 57,075 KRW 58
P/B Multiple 54,738 KRW 72,983 KRW 91,229 KRW 55
EV/EBIT 17,289 KRW 53
EV/EBITDA 3,067 KRW 21,160 KRW 54
Asset-Based
NCAV (Graham) 24,746 KRW 33,159 KRW 49,491 KRW 50
Growth DCF
Growth DCF 159,218 KRW 312,004 KRW 571,316 KRW 80
Economic Profit
Residual Income 42,653 KRW 46,616 KRW 65,418 KRW 76
Growth Earnings
Growth-Adj P/E 46,097 KRW 65,853 KRW 85,609 KRW 68

Widest divergence: Growth DCF (312,004 KRW) versus Dividend Discount (21,919 KRW). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 10.1T KRW
Revenue growth (YoY) +5.9%
Net margin 30.8%
Return on equity 8.5%
Free cash flow 13.1T KRW FY2025
Operating margin 31.7%
More key figures
Dividend yield 4.4%
EPS growth (YoY) -0.8%
Net debt 50.4T KRW FY2025

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 58/100

Of which business quality 57 · Market factors (momentum, volatility) 62

Profitability 32
Margins and returns on capital today
Quality Growth 39
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 21
Balance sheet, leverage, solvency risk
Investment 71
Disciplined investing over empire-building
Low Volatility 75
Calm price path (market factor)
Momentum 52
Price trend over the last 3–12 months (market factor)
52W Momentum 64
Distance to the 52-week high (market factor)
Net Issuance 89
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

Woori Financial Group Inc., together with its subsidiaries, operates as a bank which provides various financial services in Korea, China, the United States, the United Kingdom, Japan, and internationally. The company operates through Banking Insurance, Credit Card Capital, Investment Securities, and Others segments.

Full company description

Woori Financial Group Inc., together with its subsidiaries, operates as a bank which provides various financial services in Korea, China, the United States, the United Kingdom, Japan, and internationally. The company operates through Banking Insurance, Credit Card Capital, Investment Securities, and Others segments. It offers loans, deposits, and relevant services; and contracting and maintenance of insurance policies, payment of insurance benefits, insurance agents and brokers, and provision of life insurance-related services. The company also offers debit and credit cards, cash services, card loans, and related services; lease financing; and securities operation, sale of financial instruments, project financing, and other related solutions. In addition, it provides brokerage, lending fees, electronic financial, foreign exchange handling, guarantee, import and export-related services, and foreign currency securities investment, as well as investment trust products, professional services, and private equity funds. Further, the company is involved in real estate, system software development and maintenance, financing, credit information, securities investment and trading, derivatives trading, and asset securitization. Additionally, it offers life insurance; and retirement pension services, and asset management services. Woori Financial Group Inc. was founded in 1899 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

Woori Financial Group reported revenue of 13.3T KRW in FY2025 versus 9.6T KRW in FY2021, a compound +8.5%/yr. Reported net income was 3.1T KRW in FY2025, compounding +4.8%/yr from FY2021.

Growth Quality 90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
13.3T KRW
Latest YoY
+5.3%
Avg. growth/yr (3Y)
+5.2%
Avg. growth/yr (5Y)
+11.7%
Avg. growth/yr (10Y)
+9.9%
Revenue +8.5%/yr
FY21 9.6T KRW
FY22 11.4T KRW
FY23 11.8T KRW
FY24 12.6T KRW
FY25 13.3T KRW
Net income +4.8%/yr
FY21 2.6T KRW
FY22 3.1T KRW
FY23 2.5T KRW
FY24 3.1T KRW
FY25 3.1T KRW

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Cite: Fair Value Calculator (2026). "Woori Financial Group Fair Value". https://www.fairvalue-calculator.com/stock/316140

Peer Group

Banks - Regional · 1082 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 60 · Above median
Fair Value upside +67% · Top 25%
Return on equity (TTM) 9% · Below median
Return on assets 1% · Bottom 25%
Net margin (TTM) 31% · Above median
Operating margin (TTM) 32% · Below median
Revenue growth 6% · Below median
Dividend yield (TTM) 4.4% · Top 25%
Debt / equity 2.47× · Higher than 75% of peers

Valuation Multiples vs Banks - Regional median · lower = cheaper

P/FCF 0.0× · Cheaper than 75% of peers
PEG 2.45× · Pricier 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 100 · sector 39
FUTURE 30 · sector 44
PAST 34 · sector 41
HEALTH 0 · sector 85
DIVIDEND 88 · sector 49

Insider activity: 30/100

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 Banks - Regional stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
PT Bank Central Asia Tbk BBCA 6,175 IDR 6,087 IDR -1%
KB Financial Group 105560 184,400 KRW 213,797 KRW +16%
PT Bank Rakyat Indonesia (Persero) Tbk BBRI 2,970 IDR 4,891 IDR +65%
PT Bank Mandiri (Persero) Tbk BMRI 4,310 IDR 7,841 IDR +82%
Banco Bradesco S.A BBD 5,120 ARS 10,240 ARS +100%
Shinhan Financial Group 055550 107,900 KRW 137,259 KRW +27%
Hana Financial Group 086790 136,800 KRW 193,969 KRW +42%
Lloyds Banking Group LYG 4,138 ARS 8,275 ARS +100%
Banco de Chile, CHILE 193.10 CLP 152.55 CLP -21%
Joint Stock Commercial Bank for Foreign Trade of Vietnam, VCB 59,400 VND 84,201 VND +42%

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Frequently asked questions

Is Woori Financial Group (316140) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of 55,811 KRW versus a price of 33,500 KRW, about +67% (undervalued).
What is the fair value of 316140?
Our model-based fair value for Woori Financial Group is 55,811 KRW (as of Jul 18, 2026), built from audited fundamentals. The current price is 33,500 KRW.
What is the quality score of 316140?
Woori Financial Group has a Quality Score of 58/100. 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 Woori Financial Group (316140)?
Woori Financial Group reported trailing-twelve-month revenue of about 10.1T KRW (latest available figure, as of Jul 18, 2026).
What is the net profit margin of 316140?
The net profit margin of Woori Financial Group is about 30.8%, meaning it keeps roughly 30.8% of revenue as net income. Based on the latest reported figures.
Does Woori Financial Group pay a dividend?
Woori Financial Group currently shows a dividend yield of about 4.42% relative to its recent price (as of Jul 18, 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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