Mirae Asset Securities Co. Ltd. Logo

Mirae Asset Securities Co. Ltd.

006800.KS

(2.0)
Stock Price

8.600,00 KRW

0.23% ROA

2.86% ROE

15.94x PER

Market Cap.

4.220.873.758.740,00 KRW

774.61% DER

1.72% Yield

5.16% NPM

Mirae Asset Securities Co. Ltd. Stock Analysis

Mirae Asset Securities Co. Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Mirae Asset Securities Co. Ltd. Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.32x), the stock offers substantial upside potential at a bargain price.

2 DER

The stock has a low debt to equity ratio (0%), which means it has a small amount of debt compared to the ownership it holds

3 ROE

ROE in an average range (5.2%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (0.46%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 Graham Number

The Graham number analysis indicates that this company's stock price is likely undervalued, raising prospects for a favorable investment opportunity.

6 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (22.057), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

7 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

8 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

9 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

10 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

11 Dividend

Investors should be cautious as the company hasn't distributed dividends in the last three years, possibly indicating financial challenges.

Mirae Asset Securities Co. Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Mirae Asset Securities Co. Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

Mirae Asset Securities Co. Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Mirae Asset Securities Co. Ltd. Revenue
Year Revenue Growth
2006 869.748.636.000
2007 1.047.196.709.000 16.95%
2008 771.186.305.000 -35.79%
2009 1.063.002.381.000 27.45%
2010 1.010.902.771.000 -5.15%
2011 808.316.000.000 -25.06%
2012 728.400.000.000 -10.97%
2013 375.248.000.000 -94.11%
2014 830.127.000.000 54.8%
2015 1.026.019.000.000 19.09%
2016 836.697.910.000 -22.63%
2017 1.787.544.410.000 53.19%
2018 1.716.409.367.000 -4.14%
2019 2.088.561.800.460 17.82%
2020 2.591.852.782.420 19.42%
2021 3.276.228.655.890 20.89%
2022 2.451.196.844.700 -33.66%
2023 0 0%
2023 6.092.475.594.069 100%
2024 8.065.484.521.880 24.46%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Mirae Asset Securities Co. Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2006 0
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Mirae Asset Securities Co. Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 39.590.000.000
2007 45.736.000.000 13.44%
2008 44.072.000.000 -3.78%
2009 65.340.000.000 32.55%
2010 75.712.000.000 13.7%
2011 60.932.000.000 -24.26%
2012 49.709.000.000 -22.58%
2013 34.376.000.000 -44.6%
2014 45.923.000.000 25.14%
2015 48.777.000.000 5.85%
2016 78.518.000.000 37.88%
2017 89.854.000.000 12.62%
2018 103.321.000.000 13.03%
2019 124.417.000.000 16.96%
2020 115.774.000.000 -7.47%
2021 152.901.000.000 24.28%
2022 172.621.000.000 11.42%
2023 0 0%
2023 181.430.000.000 100%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Mirae Asset Securities Co. Ltd. EBITDA
Year EBITDA Growth
2006 622.560.763.000
2007 688.867.137.000 9.63%
2008 576.429.477.000 -19.51%
2009 699.650.750.000 17.61%
2010 732.229.843.000 4.45%
2011 704.811.000.000 -3.89%
2012 187.114.000.000 -276.67%
2013 371.526.000.000 49.64%
2014 820.245.000.000 54.71%
2015 656.182.000.000 -25%
2016 467.773.666.810 -40.28%
2017 1.339.179.175.590 65.07%
2018 2.429.512.120.260 44.88%
2019 1.052.915.775.010 -130.74%
2020 1.295.428.135.250 18.72%
2021 1.776.845.701.460 27.09%
2022 2.660.774.396.220 33.22%
2023 260.180.584.000 -922.66%
2023 3.910.674.910.480 93.35%
2024 5.736.246.014.360 31.83%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Mirae Asset Securities Co. Ltd. Gross Profit
Year Gross Profit Growth
2006 869.748.636.000
2007 1.047.196.709.000 16.95%
2008 771.186.305.000 -35.79%
2009 1.063.002.381.000 27.45%
2010 1.010.902.771.000 -5.15%
2011 808.316.000.000 -25.06%
2012 728.400.000.000 -10.97%
2013 375.248.000.000 -94.11%
2014 830.127.000.000 54.8%
2015 1.026.019.000.000 19.09%
2016 836.697.910.000 -22.63%
2017 1.787.544.410.000 53.19%
2018 1.716.409.367.000 -4.14%
2019 1.500.931.095.280 -14.36%
2020 2.111.017.159.683 28.9%
2021 2.763.329.451.829 23.61%
2022 1.776.729.669.189 -55.53%
2023 0 0%
2023 5.066.342.052.169 100%
2024 6.867.033.497.120 26.22%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Mirae Asset Securities Co. Ltd. Net Profit
Year Net Profit Growth
2006 444.741.289.000
2007 337.567.274.000 -31.75%
2008 179.330.190.000 -88.24%
2009 320.649.713.000 44.07%
2010 256.151.867.000 -25.18%
2011 166.917.000.000 -53.46%
2012 126.726.000.000 -31.71%
2013 -28.725.000.000 541.17%
2014 205.849.000.000 113.95%
2015 298.828.000.000 31.11%
2016 39.291.499.000 -660.54%
2017 503.175.504.000 92.19%
2018 456.565.314.000 -10.21%
2019 658.998.055.640 30.72%
2020 821.834.124.440 19.81%
2021 1.152.715.706.020 28.7%
2022 685.925.485.310 -68.05%
2023 309.793.340.000 -121.41%
2023 327.036.061.710 5.27%
2024 794.898.404.000 58.86%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Mirae Asset Securities Co. Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 2.113
2007 1.598 -32.31%
2008 806 -98.39%
2009 1.473 45.35%
2010 955 -54.4%
2011 632 -50.95%
2012 428 -47.66%
2013 -96 545.83%
2014 626 115.34%
2015 817 23.38%
2016 116 -604.31%
2017 944 87.71%
2018 660 -43.03%
2019 956 30.89%
2020 1.233 22.48%
2021 1.834 32.82%
2022 1.128 -62.73%
2023 503 -124.5%
2023 541 7.04%
2024 1.357 60.18%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Mirae Asset Securities Co. Ltd. Free Cashflow
Year Free Cashflow Growth
2006 -631.302.467.000
2007 -399.024.382.000 -58.21%
2008 1.429.847.000 28006.79%
2009 -3.823.479.000 137.4%
2010 214.164.381.000 101.79%
2011 48.677.000.000 -339.97%
2012 -2.384.453.000.000 102.04%
2013 1.233.657.000.000 293.28%
2014 1.073.489.000.000 -14.92%
2015 -1.492.702.000.000 171.92%
2016 4.941.174.275.840 130.21%
2017 -4.232.800.517.120 216.74%
2018 -4.976.016.933.030 14.94%
2019 -3.472.191.017.530 -43.31%
2020 814.150.409.190 526.48%
2021 -1.276.349.438.030 163.79%
2022 2.566.039.767.660 149.74%
2023 1.033.489.098.860 -148.29%
2023 -216.639.844.656 577.05%
2024 -2.884.855.898.632 92.49%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Mirae Asset Securities Co. Ltd. Operating Cashflow
Year Operating Cashflow Growth
2006 -611.910.965.000
2007 -357.938.573.000 -70.95%
2008 215.848.009.000 265.83%
2009 25.844.600.000 -735.18%
2010 251.558.613.000 89.73%
2011 82.162.000.000 -206.17%
2012 -2.362.727.000.000 103.48%
2013 1.251.435.000.000 288.8%
2014 1.091.775.000.000 -14.62%
2015 -1.467.437.000.000 174.4%
2016 5.014.627.158.000 129.26%
2017 -4.144.580.874.000 220.99%
2018 -4.875.546.660.000 14.99%
2019 -3.375.265.651.170 -44.45%
2020 843.929.035.410 499.95%
2021 -1.242.160.761.080 167.94%
2022 2.595.094.806.460 147.87%
2023 1.039.737.960.690 -149.59%
2023 -184.545.709.374 663.4%
2024 -2.877.762.309.272 93.59%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Mirae Asset Securities Co. Ltd. Capital Expenditure
Year Capital Expenditure Growth
2006 19.391.502.000
2007 41.085.809.000 52.8%
2008 214.418.162.000 80.84%
2009 29.668.079.000 -622.72%
2010 37.394.232.000 20.66%
2011 33.485.000.000 -11.67%
2012 21.726.000.000 -54.12%
2013 17.778.000.000 -22.21%
2014 18.286.000.000 2.78%
2015 25.265.000.000 27.62%
2016 73.452.882.160 65.6%
2017 88.219.643.120 16.74%
2018 100.470.273.030 12.19%
2019 96.925.366.360 -3.66%
2020 29.778.626.220 -225.49%
2021 34.188.676.950 12.9%
2022 29.055.038.800 -17.67%
2023 6.248.861.830 -364.97%
2023 32.094.135.282 80.53%
2024 7.093.589.360 -352.44%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Mirae Asset Securities Co. Ltd. Equity
Year Equity Growth
2006 2.112.401.332.000
2007 2.424.716.301.000 12.88%
2008 2.489.302.352.000 2.59%
2009 2.855.521.201.000 12.82%
2010 2.863.252.559.000 0.27%
2011 3.984.994.000.000 28.15%
2012 4.057.226.000.000 1.78%
2013 3.914.493.000.000 -3.65%
2014 4.174.259.000.000 6.22%
2015 4.385.300.000.000 4.81%
2016 6.665.764.707.000 34.21%
2017 7.384.505.729.000 9.73%
2018 8.352.366.769.000 11.59%
2019 9.193.635.747.150 9.15%
2020 9.346.279.509.940 1.63%
2021 10.609.959.411.530 11.91%
2022 10.360.375.534.740 -2.41%
2023 13.014.006.114.389 20.39%
2023 11.493.729.194.000 -13.23%
2024 13.190.034.621.965 12.86%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Mirae Asset Securities Co. Ltd. Assets
Year Assets Growth
2006 9.004.714.385.000
2007 12.086.483.705.000 25.5%
2008 14.231.237.646.000 15.07%
2009 17.551.206.662.000 18.92%
2010 18.009.460.516.000 2.54%
2011 22.463.394.000.000 19.83%
2012 25.437.414.000.000 11.69%
2013 26.004.956.000.000 2.18%
2014 30.613.292.000.000 15.05%
2015 34.841.940.000.000 12.14%
2016 57.267.775.961.210 39.16%
2017 90.626.599.300.920 36.81%
2018 118.085.499.474.690 23.25%
2019 133.149.797.325.830 11.31%
2020 130.946.929.910.070 -1.68%
2021 108.641.793.313.950 -20.53%
2022 106.213.250.693.860 -2.29%
2023 128.177.312.090.956 17.14%
2023 128.653.813.420.000 0.37%
2024 139.858.750.821.316 8.01%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Mirae Asset Securities Co. Ltd. Liabilities
Year Liabilities Growth
2006 6.892.313.053.000
2007 9.661.767.404.000 28.66%
2008 11.741.935.294.000 17.72%
2009 14.695.685.461.000 20.1%
2010 15.146.207.957.000 2.97%
2011 18.478.400.000.000 18.03%
2012 21.380.188.000.000 13.57%
2013 22.090.463.000.000 3.22%
2014 26.439.033.000.000 16.45%
2015 30.456.640.000.000 13.19%
2016 50.602.011.254.210 39.81%
2017 83.242.093.571.920 39.21%
2018 109.733.132.705.690 24.14%
2019 19.040.954.883.760 -476.3%
2020 21.076.856.961.810 9.66%
2021 24.177.609.996.000 12.82%
2022 95.852.875.159.120 74.78%
2023 115.163.305.976.567 16.77%
2023 0 0%
2024 126.668.716.199.352 100%

Mirae Asset Securities Co. Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
10627.01
Net Income per Share
548.27
Price to Earning Ratio
15.94x
Price To Sales Ratio
0.68x
POCF Ratio
-1.22
PFCF Ratio
-1
Price to Book Ratio
0.45
EV to Sales
14.52
EV Over EBITDA
23.95
EV to Operating CashFlow
-21.62
EV to FreeCashFlow
-21.46
Earnings Yield
0.06
FreeCashFlow Yield
-1
Market Cap
4.220,87 Bil.
Enterprise Value
90.427,05 Bil.
Graham Number
15464.32
Graham NetNet
-136505.22

Income Statement Metrics

Net Income per Share
548.27
Income Quality
-13.04
ROE
0.03
Return On Assets
0
Return On Capital Employed
0.04
Net Income per EBT
0.74
EBT Per Ebit
0.12
Ebit per Revenue
0.6
Effective Tax Rate
0.21

Margins

Sales, General, & Administrative to Revenue
0.02
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.82
Operating Profit Margin
0.6
Pretax Profit Margin
0.07
Net Profit Margin
0.05

Dividends

Dividend Yield
0.02
Dividend Yield %
1.72
Payout Ratio
0.28
Dividend Per Share
150

Operating Metrics

Operating Cashflow per Share
-7138.86
Free CashFlow per Share
-7192.73
Capex to Operating CashFlow
-0.01
Capex to Revenue
0.01
Capex to Depreciation
0.3
Return on Invested Capital
0.03
Return on Tangible Assets
0
Days Sales Outstanding
3459.72
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
0.11
Payables Turnover
0
Inventory Turnover
0
Capex per Share
53.87

Balance Sheet

Cash per Share
4.135,61
Book Value per Share
22.511,73
Tangible Book Value per Share
21793.48
Shareholders Equity per Share
19385.97
Interest Debt per Share
155972.46
Debt to Equity
7.75
Debt to Assets
0.63
Net Debt to EBITDA
22.83
Current Ratio
0
Tangible Asset Value
12.769,20 Bil.
Net Current Asset Value
-126.668,72 Bil.
Invested Capital
-53140438184928
Working Capital
-54.018,79 Bil.
Intangibles to Total Assets
0
Average Receivables
57.924,58 Bil.
Average Payables
0,00 Bil.
Average Inventory
0
Debt to Market Cap
20.85

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Mirae Asset Securities Co. Ltd. Dividends
Year Dividends Growth
2006 366
2007 366 0%
2008 366 0%
2009 183 -100.55%
2010 457 60.18%
2011 366 -25.21%
2012 160 -128.13%
2013 120 -33.33%
2014 250 52%
2015 330 24.24%
2016 50 -560%
2017 220 77.27%
2018 220 0%
2019 260 15.38%
2020 200 -30%
2021 300 33.33%
2022 200 -50%
2024 150 -33.33%

Mirae Asset Securities Co. Ltd. Profile

About Mirae Asset Securities Co. Ltd.

Mirae Asset Securities Co., Ltd. engages in the provision of comprehensive asset management and brokerage services. It provides wealth management, investment banking and securities trading services. The company was founded on September 23, 1970 and is headquartered in Seoul, South Korea.

CEO
Sun Ho Heo
Employee
2.872
Address
Mirae Asset CENTER 1 Building
Seoul, 04539

Mirae Asset Securities Co. Ltd. Executives & BODs

Mirae Asset Securities Co. Ltd. Executives & BODs
# Name Age
1 Mr. Jae-Sik Kim
President
70
2 Sun Ho Heo
Co-Chief Executive Officer & Vice Chairman
70
3 Mr. Mi-Seob Kim
Co-Chief Executive Officer & Vice Chairman
70
4 Mr. Sung-Bum Kang
Head of IB1 Division & IB2 Unit and Executive Director
70
5 Mr. Kyong Nam Jun
MD & Head of the Business Innovation Division
70
6 Mr. Man Yeol Lee
Chief Risk Officer, Head of Global Division & Business Innovation Unit and Executive Director
70
7 Mu Bo Sang
Head of Financial Team & Assistant Executive Director
70
8 Yong Kook Joo
Executive Director and Director of Investment & Development Division
70
9 Mr. Kil Hwan Kang
Vice President & Compliance Officer
70
10 Shin Kyu Park
Director of Communications & Assistant Executive Director
70

Mirae Asset Securities Co. Ltd. Competitors