Meritz Financial Group IncA138040:KSC

9,160
90.00 / 0.97%
209.86k
71.34%
--
Close in KRWToday's changeShares traded1 year changeBeta
Data delayed at least 20 minutes, as of Oct 23 2014 16:00 BST.

About the company

5.44tn91.54bn201122
Revenue in KRW (TTM)Net income in KRWIncorporatedEmployees
IndustryNonlife InsuranceLocation
Meritz Financial Group Inc
825-2, Yeoksam Dong, Gangnam-Gu
SEOUL135080
South Korea
KOR
Phone+82 220186868Fax+82 220186899Websitehttp://www.meritzgroup.com/
MERITZ Financial Group Inc. is a Korea-based financial holding company engaged in the management of subsidiaries. The Company was established through the spin-off of investment segment from Meritz Fire & Marine Insurance Co., Ltd. on March 25, 2011. The Company's subsidiaries include Meritz Fire & Marine Insurance CO., Ltd, engaged in the property and casualty insurance business, MERITZ SECURITIES CO.,LTD, mainly engaged in the securities brokerage business; Meritz Financial Information Service Co., Ltd., engaged in the provision of integrated computer system services for financial industry; Meritz Asset Management, engaged in the investment management business, and Ritzpartners, engaged in the insurance brokerage business, among others.

Mergers & acquisitions

Acquired company
Deal status
DateA138040:KSC since
announced
Transaction
value
Meritz Fire & Marine Insurance Co LtdAnnounced01 Oct 2014+8.53%56.91m
Data delayed at least 20 minutes, as of Oct 23 2014 16:00 BST.

Peer analysis

Company Revenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings
(TTM)
Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excluding
extraordinary items (TTM)
EPS (including
extraordinary items) (TTM)
Revenue per
share (TTM)
Book value per
share (MRQ)
Asset turnover
(TTM)
Inventory turnover
(TTM)
Receivables turnover
(TTM)
Revenues per
employee (TTM)
Return on
average
assets
(TTM)
Return on
average
assets
(5 yr average)
Return on
investment
(TTM)
Return on
investment
(5 yr average)
Gross margin (TTM)Gross margin (5 yr average)Net profit margin (TTM)Net Profit margin (5 Yr Average)Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio (5 yr average)Revenue
(Year-over-year change%)
Revenue
(5 yr growth rate)
Net income
(Year-over-year change%)
Net income
(5 Yr growth rate)
Capital
expenditure
(5 Yr growth rate)
Dividend
(5 yr growth rate)
Hanwha General Insurance Co Ltd
4.93tn-28.48bn469.12bn2.83k--0.7982--0.0951-614.7259-614.725966,108.126,477.260.5543----1,710,707,000-0.32-----------0.5772------0.2485--------------
Meritz Fire & Marine Insurance Co Ltd
5.56tn144.02bn1.32tn2.66k9.221.126.480.23711,409.851,409.8554,443.0911,624.050.5006----2,192,531,0001.31----------2.62------0.173--------------
Meritz Financial Group Inc
5.44tn91.54bn1.32tn2211.181.062.750.2428827.23827.2348,386.338,691.370.2403----201,636,800,0000.8763----------3.65------0.6868--------------
Korean Reinsurance Company
7.49tn144.89bn1.33tn2848.810.81969.070.17761,253.891,253.8965,813.2913,481.950.924------1.79----------1.93------0.00--------------
LIG Insurance Co., Ltd.
10.70tn164.29bn1.60tn3.19k8.400.85672.260.14973,177.173,177.17206,89631,167.430.4966----3,350,657,0000.758----------1.53------0.1795--------------
Hyundai Marine & Fire Insurance Co., Ltd
13.24tn240.70bn2.46tn3.20k9.201.018.310.1862,993.122,993.12164,62227,322.330.5488------1.00----------1.83------0.024--------------
Dongbu Insurance Co., Ltd.
12.62tn461.18bn4.13tn4.99k8.001.186.680.32717,285.787,285.78199,38149,558.050.4108----2,426,546,0001.52----------3.69------0.0645--------------
Data as of Oct 24 2014. Currency figures normalised to Meritz Financial Group Inc's reporting currency: Republic of Korean Won KRW.

Institutional shareholders

HolderShares% Held
VIP Research & Management, Inc.
as of 25 Jun 2013
6.21m4.39%
AXA Investment Managers Asia (Singapore) Ltd.
as of 30 Jun 2014
731.40k0.52%
The Vanguard Group, Inc.
as of 30 Sep 2014
381.62k0.27%
Dimensional Fund Advisors LP
as of 31 Aug 2014
376.71k0.27%
Acadian Asset Management LLC
as of 30 Sep 2014
213.44k0.15%
Norges Bank Investment Management
as of 31 Dec 2013
126.46k0.09%
TIAA-CREF Investment Management LLC
as of 31 Aug 2014
77.33k0.06%
AXA Rosenberg Investment Management Ltd.
as of 30 Jun 2014
61.40k0.04%
Cornerstone Advisors, Inc. (Washington)
as of 31 Jul 2014
59.94k0.04%
O'Shaughnessy Asset Management LLC
as of 31 Dec 2013
49.57k0.04%
5.85%
Per cent of shares
held by top holders
Data from 31 Dec 2013 - 16 Sep 2014Source: FactSet Research Systems Inc.
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