Risk factor
Considerable default risk
Profitability factor
Very low or no dividends
About
Based in Seoul, South Korea, Hanwha Life Insurance Co., Ltd. serves a diverse clientele of individuals and businesses, extending its financial protection offerings across South Korea, Vietnam, China, Indonesia, and other global regions. The company's extensive product suite encompasses various insurance types, including health, retirement, investment, group, accident, and savings plans, alongside retirement pension schemes, specialized consulting, and asset management solutions. These services are made available through a wide array of distribution networks, including individual and group financial planners, general agencies, bancassurance arrangements, and online platforms. Founded in 1946, the firm operated as Korea Life Insurance Co., Ltd. until October 2012, when it officially adopted its present name.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'expensive' on EV
Target Price
The average target price of 088350.KS is 5455 and suggests 4.1% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommend