KB Financial logged a -3.0% change during today's morning session, and is now trading at a price of $58.38 per share.
KB Financial returned gains of 54.7% last year, with its stock price reaching a high of $72.89 and a low of $36.57. Over the same period, the stock outperformed the S&P 500 index by 23.0%. More recently, the company's 50-day average price was $66.37. KB Financial Group Inc. provides a range of banking and related financial services to consumers and corporations in South Korea, the United States, New Zealand, China, Cambodia, the United Kingdom, Indonesia, and internationally. Based in Seoul, South Korea, the Large-Cap Finance company has 141 full time employees. KB Financial has not offered a dividend during the last year.
Growing Revenues and Negative Cash Flows:
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Revenue (M) | $10,859,687 | $11,431,851 | $12,492,642 | $14,483,603 | $13,780,604 | $16,229,134 |
| Interest Income (M) | $9 | $23 | $134 | -$3,981 | -$7,676 | -$17,003 |
| Operating Margins | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Margins | 28% | 28% | 28% | 30% | 28% | 27% |
| Net Income (M) | $3,061,191 | $3,304,743 | $3,445,588 | $4,338,006 | $4,026,589 | $4,447,017 |
| Depreciation & Amort. (M) | $408,771 | $784,431 | $874,911 | $850,614 | $816,841 | $865,927 |
| Diluted Shares (M) | 396 | 390 | 390 | 390 | 390 | 379 |
| Earnings Per Share | $6.9 | $7.26 | $8.01 | $9.19 | $8.49 | $8.76 |
| Free Cash Flow (M) | -$8,188 | $8,103 | -$10,750 | -$5,650 | $4,260 | $3,314 |
| CAPEX (M) | $139 | $33 | $124 | $2 | $252 | $131 |
Its Shares Are on Sale but Has an Elevated P/B Ratio:
KB Financial has a trailing twelve month P/E ratio of 8.2, compared to an average of 20.04 for the Finance sector. Based on its EPS guidance of $11.35, the company has a forward P/E ratio of 5.8. The 7.4% compound average growth rate of KB Financial's historical and projected earnings per share yields a PEG ratio of 1.11. This implies that the shares are fairly valued. Additionally, the market is possibly undervaluing KB Financial in terms of its equity because its P/B ratio is 0.0 whereas the sector average is 1.86. The company's shares are currently trading -62.1% above their Graham number.
KB Financial Is the Subject of Mixed Market Indicators:
KB Financial has a very low short interest because 0.1% of the company's shares are sold short. Institutions own 5.4% of the company's shares, and the insider ownership rate stands at 0.0%, suggesting a small amount of insider investors. The largest shareholder is Dimensional Fund Advisors LP, whose 1% stake in the company is worth $145,629,455.
