Samsung Fire & Marine Insurance (code: 000810) Company Information
Info. based on the price ended on 20/01/2017
Industry: Insuance
Market Captialization: 13,452.54B (Won)
Beta: 0.65460
Bond Credit rating: AAA (KR)
PER: 16.95
PBR: 1.20
For Mobile Users, You can see the full detail if you drag the table shown below from right to the left.
Important Shareholders | share (%) |
Samsung Life Insurance | 14.98% |
Samsung Fire & Marine Insurance | 15.93% |
National Pension Service Korea | 9.11% |
Genesis Asset Management | 6.21% |
(image from Samsung Fire & Marine Insurance Official Website)
Samsung Fire & Marine Insurance (code: 000810) Competitors
Meritz Fire & Marine Insurance (code: 000060)
Dongbu Fire & Marine Insurance (code: 005830)
Heungkuk Fire & Marine Insurance (code: 000540)
Lotte non-life Insurance (code: 000400)
Hyundai Mar &Fi Insurance (code: 001450)
Samsung Fire & Marine Insurance has the largest market capitalization among the competitors in South Korea.
Samsung Fire & Marine Insurance Recent Performance
(captured from Investing.com)
Sale Component ratio based on Q3, 2016
Profit from Insurance: 87%
Profit from Investment Activity: 11%
(captured from Kiwoom Securities)
Even though the companys' Insurance profit and net income have been increased steadily since 2014. The growth rates has been diminished year by year resulting the stock price to fall during 2016.
Samsung Fire & Marine Insurance Stock Forecast
The price of Korean 10yr Government Bond has been dropped hugely mainly due to U.S Fed's hike in Dec 2016.
U.S. int. hike -> Capital Outflow from Emerging Bond & Stock Market
Korean Gov Bonds' Yileds have been increased as a consequence of the devaluation of the bond price.
Samsung insurance decided to lower the companys' estimated interest rate from 2.75% to 2.50% reacting on the change in gov. yields.
Lowering insurance companys' estimated interest rate meaning consumers should pay higher insurace fee.
In such case, the profit rate of Samsung should be expanded in the near future because most of consumers tend to hold the insurance for quite lengthy period of time.
(Captured from Federal Reserve.gov)
This is a point chart of U.S FEDs' Interest rate plan. If 1.25% ~ 1.50% is the range what Fed aiming for 2017, then profit growth rate of Samsung insurance will hike together with Korean Gov. Bond Yields.
If the material was helpful please subscribe this page and press the heart button below which means you like this content.
Thank you for your interest
I will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and so on.
Please be fully informed
the content contains personal opinions and that you are responsible for your investment.
Please check the information on the relevant website before making any further steps for your investment decision.
