Meritz Financial Group
| Market cap | ₩21.8T |
| PE ratio | 9.39 |
| Forward PE | 8.78 |
| PB ratio | 1.85 |
| EPS | ₩13,881 |
| Dividend (yield) | – |
| Analysts (1–5) | 3.83 · Buy |
| Price target | ₩153,833 (+17.97%) |
| Volume | 112,641 |
| Trading value | ₩14.7B |
| Day’s range | ₩129,100 – ₩131,600 |
| 52-week range | ₩98,000 – ₩149,800 |
| Foreign ownership KR | 14.20% |
| Foreign net buy (Oct 6) KR | −8,454 sh |
| Book value / share | ₩70,331 |
| Founded | 2011 |
Close (KRW) Foreign ownership, % of shares (right axis)
Foreign, institutional and retail net buying KR data
Shares by trading day; positive means net buying. Korea publishes investor-type flows for every stock — global sites such as Yahoo or StockAnalysis do not show them.
| Date | Close | Foreigners | Institutions | Retail | Foreign ownership |
|---|---|---|---|---|---|
| Oct 6 | ₩129,900 | −8,454 | +26,732 | −18,259 | 14.20% |
| Oct 2 | ₩128,800 | −44,759 | +52,550 | −7,623 | 14.17% |
| Oct 1 | ₩127,200 | −27,279 | +38,871 | −11,236 | 14.19% |
| Sep 30 | ₩126,300 | −25,213 | −17,814 | +42,697 | 14.21% |
| Sep 29 | ₩132,700 | −29,370 | +38,878 | −9,770 | 14.23% |
Financials
Annual, consolidated where available, KRW. Columns ending in E are analyst consensus estimates. Source: company filings (DART) via Naver Finance.
| Item | FY2023 | FY2024 | FY2025 | FY2026E |
|---|---|---|---|---|
| Revenue | ₩58.6T | ₩17.5T | ₩20.3T | – |
| Operating income | ₩2.9T | ₩3.2T | ₩2.9T | ₩3.2T |
| Net income | ₩2.1T | ₩2.3T | ₩2.4T | ₩2.5T |
| Operating margin | 5.01% | 18.25% | 14.14% | – |
| Return on equity | 28.11% | 23.44% | 22.53% | 23.27% |
| Debt-to-equity | 912.52% | 957.44% | 1,102.87% | – |
| EPS | ₩10,480 | ₩11,897 | ₩12,698 | ₩14,858 |
| Dividend per share | ₩2,360 | ₩1,350 | – | ₩1,700 |
Peers
| Mirae Asset Securities 006800 | ₩30,500 | −4.54% |
| NH Investment & Securities 005940 | ₩26,550 | −0.38% |
| Korea Investment Holdings 071050 | ₩174,400 | −2.02% |
| Samsung Securities 016360 | ₩89,400 | +0.34% |
| KIWOOM Securities 039490 | ₩247,000 | −2.37% |
| Shinyoung Securities 001720 | ₩139,600 | −1.76% |
About
Meritz Financial Group is a financial holding company that manages subsidiaries in three core businesses: non-life insurance, financial investment and specialized credit finance. Its insurance arm sells long-term, auto and general insurance, its securities arm runs a comprehensive investment banking business, and its capital arm offers leasing, installment finance and new technology finance. The company says it was set up in 2011 as Korea's first insurance holding company.
Meritz Financial Group Inc. is listed on the KOSPI market of the Korea Exchange under the ticker 138040. Industry: Holding company.
Meritz Financial Group in our notes
Direct KRX access through a global broker, a US-listed ADR where one exists, or a Korea ETF — compared in our guide.
Data: Korea Exchange regular-session closing prices, volume and day’s range via Daum Finance, checked against a Naver Finance snapshot at the close; investor flows, foreign ownership and ratios via Naver Finance; company information from DART (Financial Supervisory Service). Updated after each Korean market close; ratios as of Oct 7, 2026; investor flows as of Oct 6, 2026. Delayed data, not investment advice.