Risk factor
Meaningful price volatility
Profitability factor
Favourable analyst view
About
KakaoBank Corp., an Internet bank, provides banking services through electronic financial transaction method in South Korea. It offers various deposits, including checking, group, safe box, piggy bank, journal account, time deposits, flexible savings, and 26 week and one month savings accounts; loans, comprising micro, overdraft, credit, used car, housing deposit, housing deposit loan refinancing, mortgage, and mortgage loan refinancing loans; loan comparison, credit loan refinancing, and credit information services; investments/ forex products, which include funds, securities brokerage accounts, overseas remittance, WU transfer, and dollar boxes. The company also provides cards, including friends and group, co-branded credit cards, and credit card platforms; and business owner and mini services. It operates mobile banking centers and computer data centers. The company was formerly known as KakaoBank of Korea Corp. and changed its name to KakaoBank Corp. in June 2020. The company was founded in 2016 and is headquartered in Seongnam-si, South Korea.
Company Valuation
Considering past and projected metrics, the stock is moderately 'expensive' compared to its peers. Specifically, the stock is 'expensive' on P/E, underpriced on P/RIBP.
Target Price
The average target price of 323410.KS is 28910 and suggests 46.7% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation t