EN DE

Shinhan Financial Group (SHG) Fair Value & Analysis

Financial Services · US · Market cap $31.2B

SF Shinhan Financial Group logo Shinhan Financial Group SHG · US
Price$71.49
Fair Value$88.98
Upside+24.5%
Quality67/100
Watch Shinhan Financial Group for free, get notified when fair value or trend changes. Watch for free
Evidence: High Range $66.74 – $111.23 📤 Share as image

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)

$73.28 $45.98 Fair Value $88.98 Jul 2025 Jul 2026

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.

✦ Which stocks are undervalued right now? Check free Discover now →

Analysis

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

Revenue (TTM) $16.0T
Revenue growth (YoY) +6.6%
Net margin 32.0%
Return on equity 8.6%
Free cash flow $9.1T FY2025
P/E ratio 9.9
More key figures
Operating margin 51.5%
EPS (TTM) $6.68
Dividend yield 2.8%
EPS growth (YoY) +14.0%
Net debt $133T FY2025

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.

Revenue +7.7%/yr
FY21 $25.8T
FY22 $24.6T
FY23 $33.8T
FY24 $35.4T
FY25 $34.7T
Net income +5.5%/yr
FY21 $4.0T
FY22 $4.7T
FY23 $4.4T
FY24 $4.5T
FY25 $5.0T

Is SHG fairly valued? → Check now

📤 Share or link this analysis
🔗 Embed on your site (free fair-value badge)

Paste this into your site or blog, it shows the current fair value and links back here (free, and welcome):

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

Recent news

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%

Explore undervalued stocks

More undervalued Financial Services stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Shinhan Financial Group (SHG) undervalued?
As of Jun 26, 2026, our model estimates a fair value of $88.98 versus a price of $71.49, about +24% (undervalued). Model-based estimate, not financial advice.
What is the fair value of SHG?
Our model-based fair value for Shinhan Financial Group is $88.98 (as of Jun 26, 2026), built from audited fundamentals. The current price is $71.49.
What is the quality score of SHG?
Shinhan Financial Group has a Quality Score of 67/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Shinhan Financial Group (SHG)?
Shinhan Financial Group reported trailing-twelve-month revenue of about $16.0T (latest available figure, as of Jun 26, 2026).
What is the net profit margin of SHG?
The net profit margin of Shinhan Financial Group is about 32.0%, meaning it keeps roughly 32.0% of revenue as net income. Based on the latest reported figures.
Does Shinhan Financial Group pay a dividend?
Shinhan Financial Group currently shows a dividend yield of about 2.83% relative to its recent price (as of Jun 26, 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.

14 days Pro free · no card

Unlock the full Shinhan Financial Group analysis, and try Pro free

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.

Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.