Shinhan Financial Group (SHG) Fair Value & Analysis
Financial Services · US · Market cap $31.2B
Fair value as of: Jun 26, 2026
From 26 valuation models · updated 28 days ago
Share price +14.3% over the past month.
Price vs Fair Value (12 months)
12‑month range $45.98 – $73.28 · fair‑value band $66.74 – $111.23 · the $71.49 price screens below the $88.98 fair value. As of Jun 26, 2026.
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Shinhan Financial Group (SHG) currently trades at $71.49, while our model-based Fair Value estimate is $88.98, implying the stock looks roughly 24.5% undervalued today. We read business quality at 67/100 (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, Shinhan Financial Group generated revenue of $16.0T at a net margin of 32.0%. Revenue grew 6.6% year over year. It earns a return on equity of 8.6%. Net debt stands at $133T. Fundamentals as of Jun 26, 2026
Our scenario range runs from $66.74 (bear case) to $111.23 (bull case); at $71.49, the current price sits within that range. The share trades about 1% below its 52-week high and 67% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 77% fair-value upside, at 24%, SHG screens richer than that median.
Key figures & financial health
More key figures
Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.
About the company
Shinhan Financial Group Co., Ltd. provides financial products and services in South Korea, Vietnam, and Japan. The company operates in six segments: Banking, Credit card, Securities, Insurance, Credit, and Others. It offers credit, lending and receiving deposits; credit cards, short-term and long-term card loan services, installment financing, and leases; securities trading, consignment trading, and underwriting; life and non-life insurance business; facility rental and new technology business financing; and real estate trust, investment advisory services, venture business investment, and other businesses. Shinhan Financial Group Co., Ltd. was founded in 1982 and is based in Seoul, South Korea.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Shinhan Financial Group reported revenue of $34.7T in FY2025 versus $25.8T in FY2021, a compound +7.7%/yr. Reported net income was $5.0T in FY2025, compounding +5.5%/yr from FY2021.
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Recent news
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External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection, not financial advice.
Similar stocks
10 more Banks - Regional stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| PT Bank Central Asia Tbk BBCA | 6,225 IDR | 6,617 IDR | +6% |
| KB Financial Group 105560 | 157,000 KRW | 205,701 KRW | +31% |
| PT Bank Rakyat Indonesia (Persero) Tbk BBRI | 2,590 IDR | 5,180 IDR | +100% |
| PT Bank Mandiri (Persero) Tbk BMRI | 4,220 IDR | 8,440 IDR | +100% |
| Banco Bradesco S.A BBD | 5,120 ARS | 10,240 ARS | +100% |
| Hana Financial Group 086790 | 123,600 KRW | 112,429 KRW | -9% |
| Lloyds Banking Group LYG | 4,138 ARS | 8,275 ARS | +100% |
| Banco de Chile, CHILE | 182.00 CLP | 64.07 CLP | -65% |
| Joint Stock Commercial Bank for Foreign Trade of Vietnam, VCB | 61,700 VND | 63,824 VND | +3% |
| Woori Financial Group 316140 | 31,500 KRW | 55,811 KRW | +77% |
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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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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.