Citizens Financial Group, Inc. (CFG) vs Shinhan Financial Group Co Ltd (SHG)

Citizens Financial Group, Inc. and Shinhan Financial Group Co Ltd are both Banks Regional companies. Shinhan Financial Group Co Ltd is the larger, with a market value of $37.0B against $28.2B — 1.3× the size. Shinhan Financial Group Co Ltd trades at the lower P/E: 10.9× against 14.1×. Shinhan Financial Group Co Ltd grew revenue faster over the last twelve months: 12.1% against 3.04%. Citizens Financial Group, Inc. has the higher net margin (16.0% vs 14.2%) and the higher return on invested capital (6.16% vs 4.47%). Both pay a dividend; Citizens Financial Group, Inc. yields more (5.45% vs 5.03%). Across the 20 metrics below, Shinhan Financial Group Co Ltd leads on 11 and Citizens Financial Group, Inc. on 9.

Valuation

Metric CFG SHG Banks Regional median
P/E 14.09 10.88 12.15
P/S 2.24 1.47 2.37
P/B 1.15 0.87 1.21
Price to free cash flow 13.32 2.56 10.80
EV/EBITDA n/m n/m —
EV/Sales 2.35 2.65 2.27
Earnings yield 7.10% 9.19% 8.11%
Free cash flow yield 7.51% 39.06% 8.98%

Profitability

Metric CFG SHG Banks Regional median
Gross margin 70.51% 56.27% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 16.03% 14.18% 18.66%
Free cash flow margin 18.75% 57.45% 21.18%
Return on equity 8.41% 8.55% 10.64%
Return on assets 0.88% 0.66% 1.13%
Return on invested capital 6.16% 4.47% 8.33%

Growth

Metric CFG SHG Banks Regional median
Revenue growth (TTM) 3.04% 12.11% 6.61%
EPS growth (last fiscal year) 27.39% 11.63% —
Revenue growth, 5-year CAGR 9.45% 11.03% 12.30%
Net income growth, 5-year CAGR 12.18% 4.11% 9.71%

Health

Metric CFG SHG Banks Regional median
Debt to equity 0.58 1.45 0.22
Current ratio 0.86 0.98 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric CFG SHG Banks Regional median
Dividend yield 5.45% 5.03% 3.75%
Payout ratio 0.38 0.27 0.27

Size

Metric CFG SHG Banks Regional median
Market cap 28.19b 36.95b 921.07m

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