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1 Comment
Mirae Asset Securities Co., Ltd is currently in a long term downtrend where the price is trading 3.3% below its 200 day moving average.
From a valuation standpoint, the stock is 82.7% more expensive than other stocks from the Financial Services sector with a price to sales ratio of 2.5.
Mirae Asset Securities Co., Ltd's total revenue rose by 39.0% to $715B since the same quarter in the previous year.
Its net income has increased by 35.2% to $185B since the same quarter in the previous year.
Finally, its free cash flow grew by 2.1% to $-2T since the same quarter in the previous year.
Based on the above factors, Mirae Asset Securities Co., Ltd gets an overall score of 3/5.
| Sector | Financial Services |
|---|---|
| Industry | Capital Markets |
| ISIN | KR7006800007 |
| CurrencyCode | KRW |
| Exchange | KO |
| PE Ratio | None |
|---|---|
| Market Cap | 4T |
| Dividend Yield | 2.9% |
| Beta | 1.04 |
| Target Price | 8688 |
Mirae Asset Securities Co. Ltd. operates as a financial investment company in South Korea and internationally. It operates through five segments: Wealth Management, Investment Banking, Sales & Trading, Wholesale, and Principal Investment & Others. The company provides securities brokerage; and wealth management and financial consulting services. It also provides corporate initial public offerings (IPO) services; and corporate financing solutions, such as pre-IPO investments, paid-in capital increase, and issuance of equity-linked notes and corporate bonds. In addition, the company offers structured finance and credit exposure; finance products for onshore and offshore real estate, power and energy, infrastructure, and aviation and ship finance projects; and M&A advisory services, as well as invests in overseas real estate and SOC financings. Further, it is involved in bond dealing and brokerage, hedge fund management and sales, principal investment, and proprietary trading activities; sells financial instruments; and provides domestic equity and derivatives brokerage, and related services, as well as supplies derivatives. Additionally, the company offers digital finance services; pension services; mutual funds, equities and derivatives linked securities, debt securities, equities, trusts, and wrap accounts; and tax, real estate, legal advisory, and business management services. It also offers start-up investments; establishment and management of a venture capital funds; office premise, property damage, employee compensation, personal injury life and accident, critical illness, medical, dental, and travel insurance products; and real estate investment and leasing services. As of March 31, 2020, the company operated 80 domestic branches and 3 representative offices. The company was formerly known as Mirae Asset Daewoo Co., Ltd. and changed its name to Mirae Asset Securities Co. Ltd. in March 2021. The company was founded in 1970 and is headquartered in Seoul, South Korea.
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