SHG
Shinhan Financial Group Co., Ltd.
Banks - Regional
Market Cap$34.14B
5Y Perf.+179.6%
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Stock Comparison
SHG vs WF
Revenue, margins, valuation, and 5-year total return — side by side.
WF
Woori Financial Group Inc.
Banks - Regional
Market Cap$16.75B
5Y Perf.+211.4%
SHG vs WF — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | SHG | WF |
|---|---|---|
| Industry | Banks - Regional | Banks - Regional |
| Market Cap | $34.14B | $16.75B |
| Revenue (TTM) | $39.77T | $28.18T |
| Net Income (TTM) | $5.00T | $3.12T |
| Gross Margin | 53.3% | 48.8% |
| Operating Margin | 17.9% | 14.7% |
| Forward P/E | 0.0x | 0.0x |
| Total Debt | $154.21T | $94.51T |
| Cash & Equiv. | $21.14T | $26.36T |
SHG vs WF — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
SHG
WF
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Shinhan Financial G… (SHG) | 100 | 279.6 | +179.6% |
| Woori Financial Gro… (WF) | 100 | 311.4 | +211.4% |
Price return only. Dividends and distributions are not included.
Quick Verdict: SHG vs WF
Each card shows where this stock fits in a portfolio — not just who wins on paper.
Bottom line: WF leads in 4 of 7 categories, making it the strongest pick for valuation and capital efficiency and profitability and margin quality. Shinhan Financial Group Co., Ltd. is the stronger pick specifically for growth and revenue expansion and capital preservation and lower volatility. As sector peers, any of these can serve as alternatives in the same allocation.
SHG
Shinhan Financial Group Co., Ltd.
The Banking Pick
SHG is the clearest fit if your priority is income & stability and growth exposure.
- Dividend streak 1 yrs, beta 0.89, yield 2.6%
- Rev growth 12.4%, EPS growth 23.0%
- Lower volatility, beta 0.89, current ratio 0.36x
Best for: income & stability and growth exposure
WF
Woori Financial Group Inc.
The Banking Pick
WF carries the broadest edge in this set and is the clearest fit for long-term compounding and valuation efficiency.
- 223.4% 10Y total return vs SHG's 148.8%
- PEG 0.00 vs SHG's 0.00
- Beta 0.97, yield 3.7%, current ratio 0.93x
Best for: long-term compounding and valuation efficiency
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | SHG | 12.4% NII/revenue growth vs WF's 9.4% |
| Value | WF | Lower P/E (0.0x vs 0.0x), PEG 0.00 vs 0.00 |
| Quality / Margins | WF | Efficiency ratio 0.3% vs SHG's 0.4% (lower = leaner) |
| Stability / Safety | SHG | Beta 0.89 vs WF's 0.97 |
| Dividends | WF | 3.7% yield, 1-year raise streak, vs SHG's 2.6% |
| Momentum (1Y) | SHG | +90.4% vs WF's +87.1% |
| Efficiency (ROA) | WF | Efficiency ratio 0.3% vs SHG's 0.4% |
SHG vs WF — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
BEST OVERALLSHGLAGGINGWF
WFWoori Financial Group…
3leads
SHGShinhan Financial Gro…
3leads
6 Total Categories
CATEGORYLEADERvs WFMETRICS WON
Income & Cash FlowRevenue, margins, and cash flow strength
SHG4/5
Valuation MetricsMultiples, price ratios, and targets
WF7/7
Profitability & EfficiencyROE, ROIC, leverage, and quality scores
SHG5/9
Total Returns1Y, 3Y, 5Y total returns with dividends
WF4/6
Risk & VolatilityBeta, volatility, and downside exposure
SHG2/2
Analyst OutlookRatings, price targets, and dividends
WF1/1
Income & Cash Flow (Last 12 Months)
SHG leads this category, winning 4 of 5 comparable metrics.
Income & Cash Flow (Last 12 Months)
SHG and WF operate at a comparable scale, with $39.77T and $28.18T in trailing revenue. Profitability is closely matched — net margins range from 12.7% (SHG) to 11.7% (WF).
| Metric | SHGShinhan Financial… | WFWoori Financial G… |
|---|---|---|
| RevenueTrailing 12 months | $39.77T | $28.18T |
| EBITDAEarnings before interest/tax | $8.41T | $4.93T |
| Net IncomeAfter-tax profit | $5.00T | $3.12T |
| Free Cash FlowCash after capex | -$10.55T | -$775.1B |
| Gross MarginGross profit ÷ Revenue | +53.3% | +48.8% |
| Operating MarginEBIT ÷ Revenue | +17.9% | +14.7% |
| Net MarginNet income ÷ Revenue | +12.7% | +11.7% |
| FCF MarginFCF ÷ Revenue | +15.6% | +23.8% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — |
| EPS Growth (YoY)Latest quarter vs prior year | +48.3% | -23.7% |
SHG leads this category, winning 4 of 5 comparable metrics.
Valuation Metrics
WF leads this category, winning 7 of 7 comparable metrics.
Valuation Metrics
At 7.7x trailing earnings, WF trades at a 20% valuation discount to SHG's 9.6x P/E. Adjusting for growth (PEG ratio), WF offers better value at 0.38x vs SHG's 1.03x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | SHGShinhan Financial… | WFWoori Financial G… |
|---|---|---|
| Market CapShares × price | $34.1B | $16.8B |
| Enterprise ValueMkt cap + debt − cash | $125.6B | $63.6B |
| Trailing P/EPrice ÷ TTM EPS | 9.61x | 7.69x |
| Forward P/EPrice ÷ next-FY EPS est. | 0.01x | 0.01x |
| PEG RatioP/E ÷ EPS growth rate | 1.03x | 0.38x |
| EV / EBITDAEnterprise value multiple | 22.51x | 17.76x |
| Price / SalesMarket cap ÷ Revenue | 1.25x | 0.87x |
| Price / BookPrice ÷ Book value/share | 0.89x | 0.74x |
| Price / FCFMarket cap ÷ FCF | 8.02x | 3.64x |
WF leads this category, winning 7 of 7 comparable metrics.
Profitability & Efficiency
SHG leads this category, winning 5 of 9 comparable metrics.
Profitability & Efficiency
WF delivers a 8.8% return on equity — every $100 of shareholder capital generates $9 in annual profit, vs $8 for SHG. WF carries lower financial leverage with a 2.77x debt-to-equity ratio, signaling a more conservative balance sheet compared to SHG's 2.77x. On the Piotroski fundamental quality scale (0–9), SHG scores 9/9 vs WF's 6/9, reflecting strong financial health.
| Metric | SHGShinhan Financial… | WFWoori Financial G… |
|---|---|---|
| ROE (TTM)Return on equity | +8.5% | +8.8% |
| ROA (TTM)Return on assets | +0.7% | +0.6% |
| ROICReturn on invested capital | +2.5% | +2.5% |
| ROCEReturn on capital employed | +1.4% | +1.2% |
| Piotroski ScoreFundamental quality 0–9 | 9 | 6 |
| Debt / EquityFinancial leverage | 2.77x | 2.77x |
| Net DebtTotal debt minus cash | $133.07T | $68.16T |
| Cash & Equiv.Liquid assets | $21.14T | $26.36T |
| Total DebtShort + long-term debt | $154.21T | $94.51T |
| Interest CoverageEBIT ÷ Interest expense | 0.41x | 0.29x |
SHG leads this category, winning 5 of 9 comparable metrics.
Total Returns (Dividends Reinvested)
WF leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in WF five years ago would be worth $26,484 today (with dividends reinvested), compared to $20,903 for SHG. Over the past 12 months, SHG leads with a +90.4% total return vs WF's +87.1%. The 3-year compound annual growth rate (CAGR) favors WF at 40.9% vs SHG's 39.5% — a key indicator of consistent wealth creation.
| Metric | SHGShinhan Financial… | WFWoori Financial G… |
|---|---|---|
| YTD ReturnYear-to-date | +27.7% | +18.7% |
| 1-Year ReturnPast 12 months | +90.4% | +87.1% |
| 3-Year ReturnCumulative with dividends | +171.7% | +179.7% |
| 5-Year ReturnCumulative with dividends | +109.0% | +164.8% |
| 10-Year ReturnCumulative with dividends | +148.8% | +223.4% |
| CAGR (3Y)Annualised 3-year return | +39.5% | +40.9% |
WF leads this category, winning 4 of 6 comparable metrics.
Risk & Volatility
SHG leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
SHG is the less volatile stock with a 0.89 beta — it tends to amplify market swings less than WF's 0.97 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. SHG currently trades 93.3% from its 52-week high vs WF's 81.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | SHGShinhan Financial… | WFWoori Financial G… |
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.89x | 0.97x |
| 52-Week HighHighest price in past year | $73.40 | $84.71 |
| 52-Week LowLowest price in past year | $35.96 | $37.35 |
| % of 52W HighCurrent price vs 52-week peak | +93.3% | +81.2% |
| RSI (14)Momentum oscillator 0–100 | 56.4 | 51.8 |
| Avg Volume (50D)Average daily shares traded | 305K | 119K |
SHG leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
WF leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates SHG as "Buy" and WF as "Buy". For income investors, WF offers the higher dividend yield at 3.72% vs SHG's 2.65%.
| Metric | SHGShinhan Financial… | WFWoori Financial G… |
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | — | — |
| # AnalystsCovering analysts | 2 | 2 |
| Dividend YieldAnnual dividend ÷ price | +2.6% | +3.7% |
| Dividend StreakConsecutive years of raises | 1 | 1 |
| Dividend / ShareAnnual DPS | $2641.09 | $3718.88 |
| Buyback YieldShare repurchases ÷ mkt cap | +2.5% | +0.6% |
WF leads this category, winning 1 of 1 comparable metric.
Key Takeaway
SHG leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). WF leads in 3 (Valuation Metrics, Total Returns).
Best OverallShinhan Financial Group Co.… (SHG)Leads 3 of 6 categories
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SHG vs WF: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is SHG or WF a better buy right now?
For growth investors, Shinhan Financial Group Co.
, Ltd. (SHG) is the stronger pick with 12. 4% revenue growth year-over-year, versus 9. 4% for Woori Financial Group Inc. (WF). Woori Financial Group Inc. (WF) offers the better valuation at 7. 7x trailing P/E (0. 0x forward), making it the more compelling value choice. Analysts rate Shinhan Financial Group Co. , Ltd. (SHG) a "Buy" — based on 2 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — SHG or WF?
On trailing P/E, Woori Financial Group Inc.
(WF) is the cheapest at 7. 7x versus Shinhan Financial Group Co. , Ltd. at 9. 6x. On forward P/E, Woori Financial Group Inc. is actually cheaper at 0. 0x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Woori Financial Group Inc. wins at 0. 00x versus Shinhan Financial Group Co. , Ltd. 's 0. 00x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — SHG or WF?
Over the past 5 years, Woori Financial Group Inc.
(WF) delivered a total return of +164. 8%, compared to +109. 0% for Shinhan Financial Group Co. , Ltd. (SHG). Over 10 years, the gap is even starker: WF returned +223. 4% versus SHG's +148. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — SHG or WF?
By beta (market sensitivity over 5 years), Shinhan Financial Group Co.
, Ltd. (SHG) is the lower-risk stock at 0. 89β versus Woori Financial Group Inc. 's 0. 97β — meaning WF is approximately 9% more volatile than SHG relative to the S&P 500. On balance sheet safety, Woori Financial Group Inc. (WF) carries a lower debt/equity ratio of 3% versus 3% for Shinhan Financial Group Co. , Ltd. — giving it more financial flexibility in a downturn.
05Which is growing faster — SHG or WF?
By revenue growth (latest reported year), Shinhan Financial Group Co.
, Ltd. (SHG) is pulling ahead at 12. 4% versus 9. 4% for Woori Financial Group Inc. (WF). On earnings-per-share growth, the picture is similar: Shinhan Financial Group Co. , Ltd. grew EPS 23. 0% year-over-year, compared to 9. 8% for Woori Financial Group Inc.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — SHG or WF?
Shinhan Financial Group Co.
, Ltd. (SHG) is the more profitable company, earning 12. 7% net margin versus 11. 7% for Woori Financial Group Inc. — meaning it keeps 12. 7% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: SHG leads at 17. 9% versus 14. 7% for WF. At the gross margin level — before operating expenses — SHG leads at 53. 3%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is SHG or WF more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, Woori Financial Group Inc. (WF) is the more undervalued stock at a PEG of 0. 00x versus Shinhan Financial Group Co. , Ltd. 's 0. 00x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Woori Financial Group Inc. (WF) trades at 0. 0x forward P/E versus 0. 0x for Shinhan Financial Group Co. , Ltd. — 0. 0x cheaper on a one-year earnings basis.
08Which pays a better dividend — SHG or WF?
All stocks in this comparison pay dividends.
Woori Financial Group Inc. (WF) offers the highest yield at 3. 7%, versus 2. 6% for Shinhan Financial Group Co. , Ltd. (SHG).
09Is SHG or WF better for a retirement portfolio?
For long-horizon retirement investors, Shinhan Financial Group Co.
, Ltd. (SHG) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 89), 2. 6% yield, +148. 8% 10Y return). Both have compounded well over 10 years (SHG: +148. 8%, WF: +223. 4%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between SHG and WF?
Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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Revenue Growth>
%
(SHG: 12.4% · WF: 9.4%)Net Margin>
%
(SHG: 12.7% · WF: 11.7%)P/E Ratio<
x
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