Risk factor
Considerable default risk
Profitability factor
Slightly undervalued vs peers
About
Established in 2007 and headquartered in Seoul, South Korea, Meritz Financial Group Inc. operates through its subsidiaries to deliver an extensive array of financial solutions across the nation. The company's core offerings include diverse insurance products, such as coverage for fire, marine, long-term risks, automobiles, and general liabilities. Beyond insurance, it specializes in credit provision, expert asset management, and a wide range of investment services. These investment services encompass the brokerage and trading of securities and over-the-counter derivatives, trust administration, as well as both advisory and discretionary investment management. Furthermore, Meritz is active in vehicle and personal loan financing, corporate funding, and the management of real estate investment trusts and other outsourced investment portfolios.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. In particular, the stock is reasonably priced on P/E. Editor's
Target Price
The average target price of 138040.KS is 133147 and suggests 15.4% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation