KB Financial Group Inc (KB) vs Shinhan Financial Group Co Ltd (SHG)

KB Financial Group Inc and Shinhan Financial Group Co Ltd are both Banks Regional companies. KB Financial Group Inc is the larger, with a market value of $39.5B against $29.2B — 1.4× the size. Shinhan Financial Group Co Ltd trades at the lower P/E: 8.5× against 9.7×. KB Financial Group Inc grew revenue faster over the last twelve months: 14.3% against 12.1%. KB Financial Group Inc has the higher net margin (16.4% vs 14.2%) and the lower return on invested capital (0.00% vs 4.47%). Both pay a dividend; KB Financial Group Inc yields more (2.95% vs 2.55%). Across the 19 metrics below, Shinhan Financial Group Co Ltd leads on 10 and KB Financial Group Inc on 9.

Valuation

Metric KB SHG Banks Regional median
P/E 9.68 8.50 12.02
P/S 1.53 1.15 2.36
P/B 0.90 0.68 1.23
Price to free cash flow 9.44 2.00 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 10.33% 11.77% 8.21%
Free cash flow yield 10.60% 50.00% 9.23%

Profitability

Metric KB SHG Banks Regional median
Gross margin 57.75% 56.27% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 16.35% 14.18% 18.82%
Free cash flow margin 16.17% 57.45% 17.97%
Return on equity 9.75% 8.55% 10.28%
Return on assets 0.73% 0.66% 1.13%
Return on invested capital 0.00% 4.47% 8.45%

Growth

Metric KB SHG Banks Regional median
Revenue growth (TTM) 14.28% 12.11% 6.37%
EPS growth (last fiscal year) 15.11% 11.63% 18.85%
Revenue growth, 5-year CAGR 8.84% 11.03% 12.65%
Net income growth, 5-year CAGR 4.15% 4.11% 9.81%

Health

Metric KB SHG Banks Regional median
Debt to equity 2.53 1.45 0.17
Current ratio 1.64 0.98 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric KB SHG Banks Regional median
Dividend yield 2.95% 2.55% 2.49%
Payout ratio 0.29 0.22 0.29

Size

Metric KB SHG Banks Regional median
Market cap 39.53b 29.24b 934.85m

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