MFG vs. WF: Mizuho Financial vs. Woori Financial Stock Comparison
How do Mizuho Financial (MFG) and Woori Financial (WF) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Mizuho Financial (MFG) and Woori Financial (WF) are both classified in the Diversified Banks sub-industry within the broader Banks industry, placing them in the closest GICS peer bucket.
Both Mizuho Financial (MFG) and Woori Financial (WF) trade as ADRs — their core financials are comparable, but keep FX, depositary-program fees, and dividend withholding in view for each.
| Profile Item | MFG | WF |
|---|---|---|
| Name | Mizuho Financial Group, Inc. American Depositary Receipts | Woori Financial Group Inc. Sponsored ADR |
| Country/Region | Japan | South Korea |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Banks | Banks |
| GICS Industry | Banks | Banks |
| GICS Sub-Industry | Diversified Banks | Diversified Banks |
| Market Capitalization | 113.48 billion USD | 16.87 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | November 8, 2006 | October 1, 2003 |
| Security Type | ADR | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | MFG | WF |
|---|---|---|
| Total Return (1Y) | 46.98% | 29.84% |
| Total Return (3Y, Annualized) | 47.92% | 43.68% |
| Total Return (5Y, Annualized) | 30.77% | 22.77% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Mizuho Financial (MFG) trades around 3.45M shares per day on average, while Woori Financial (WF) sees only 85.96K — a volume gap that can matter for position sizing, exit liquidity, and order execution.
| Metric | MFG | WF |
|---|---|---|
| Volatility (1Y, Annualized) | 33.78% | 35.97% |
| Beta (5Y) | 0.58 | 0.99 |
| Max Drawdown (5Y) | -28.34% | -43.52% |
| Avg. Volume (3M) | 3.45M | 85.96K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | MFG | WF |
|---|---|---|
| Sharpe Ratio (1Y) | 1.26 | 0.71 |
| Sortino Ratio (1Y) | 1.92 | 1.08 |
Profitability
ROE (TTM)
Mizuho Financial (MFG) at 12.49% is around its peer norm for ROE, while Woori Financial (WF) at 7.93% drops into the bottom quartile, signaling weaker returns on shareholders’ equity.
MFG
Banks industry group
12.49%
- Max
- 19.84%
- Q3
- 13.67%
- MFG
- 12.49%
- Median
- 11.49%
- Q1
- 9.50%
- Min
- 3.64%
WF
Banks industry group
7.93%
- Max
- 19.84%
- Q3
- 13.67%
- Median
- 11.49%
- Q1
- 9.50%
- WF
- 7.93%
- Min
- 3.64%
Net Margin (TTM)
Mizuho Financial (MFG) at 29.14% keeps about the industry-typical share of revenue as profit, while Woori Financial (WF) at 27.06% retains only a bottom-quartile share.
MFG
Banks industry group
29.14%
- Max
- 47.19%
- Q3
- 35.25%
- Median
- 31.21%
- MFG
- 29.14%
- Q1
- 27.11%
- Min
- 14.93%
WF
Banks industry group
27.06%
- Max
- 47.19%
- Q3
- 35.25%
- Median
- 31.21%
- Q1
- 27.11%
- WF
- 27.06%
- Min
- 14.93%
Operating Margin (TTM)
Neither side reports a meaningful operating margin: for Mizuho Financial (MFG) in Banks and Woori Financial (WF) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.
Profitability Metrics
| Metric | MFG | WF |
|---|---|---|
| ROE (TTM) | 12.49% | 7.93% |
| ROA (TTM) | 0.48% | 0.51% |
| Net Margin (TTM) | 29.14% | 27.06% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Mizuho Financial (MFG) at 15.82% is around its peer norm for revenue growth, while Woori Financial (WF) at 5.30% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Mizuho Financial (MFG) at 43.61% sits in the top EPS growth quartile, while Woori Financial (WF) at 2.58% is in the bottom quartile, showing a clear gap in earnings momentum.
Growth Metrics
| Metric | MFG | WF |
|---|---|---|
| Revenue Growth (YoY) | 15.82% | 5.30% |
| Revenue Growth (3Y CAGR) | 16.50% | 5.16% |
| EPS Growth (YoY) | 43.61% | 2.58% |
| EPS Growth (3Y CAGR) | 31.89% | -1.12% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Mizuho Financial (MFG) in Banks and Woori Financial (WF) in Banks both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: Mizuho Financial (MFG) in Banks and Woori Financial (WF) in Banks run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | MFG | WF |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Both Mizuho Financial (MFG) at 1,544.20% and Woori Financial (WF) at 1,108.19% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.
MFG
Banks industry group
1,544.20%
- MFG
- 1,544.20%
- Max
- 5.79%
- Q3
- 3.18%
- Median
- 2.39%
- Q1
- 1.20%
- Min
- 0.00%
WF
Banks industry group
1,108.19%
- WF
- 1,108.19%
- Max
- 5.79%
- Q3
- 3.18%
- Median
- 2.39%
- Q1
- 1.20%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Mizuho Financial (MFG) at 24.88% and Woori Financial (WF) at 32.85% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
MFG
Banks industry group
24.88%
- Max
- 70.75%
- Q3
- 41.28%
- Median
- 29.26%
- MFG
- 24.88%
- Q1
- 18.98%
- Min
- 0.00%
WF
Banks industry group
32.85%
- Max
- 70.75%
- Q3
- 41.28%
- WF
- 32.85%
- Median
- 29.26%
- Q1
- 18.98%
- Min
- 0.00%
Dividend Metrics
| Metric | MFG | WF |
|---|---|---|
| Dividend Yield (TTM) | 1,544.20% | 1,108.19% |
| Dividend Payout Ratio (TTM) | 24.88% | 32.85% |
Valuation
P/E Ratio (TTM)
Woori Financial (WF) at 8.04 sits in the cheaper P/E ratio quartile, while Mizuho Financial (MFG) at 12.88 is closer to its industry’s usual earnings multiple — a discount for WF, though growth and earnings durability still matter.
MFG
Banks industry group
12.88
- Max
- 18.16
- Q3
- 13.75
- MFG
- 12.88
- Median
- 11.81
- Q1
- 10.64
- Min
- 6.49
WF
Banks industry group
8.04
- Max
- 18.16
- Q3
- 13.75
- Median
- 11.81
- Q1
- 10.64
- WF
- 8.04
- Min
- 6.49
P/S Ratio (TTM)
P/S ratio is set aside for both Mizuho Financial (MFG) in Banks and Woori Financial (WF) in Banks: without a conventional revenue line, pricing per dollar of sales isn’t meaningful, and book- or earnings-based multiples make the better comparison.
P/B Ratio (MRQ)
Woori Financial (WF) at 0.63 sits in the lower P/B ratio quartile against book while Mizuho Financial (MFG) at 1.57 is valued near its industry’s middle — WF is cheaper on assets, though weigh it against ROE and asset quality.
MFG
Banks industry group
1.57
- Max
- 2.28
- Q3
- 1.58
- MFG
- 1.57
- Median
- 1.32
- Q1
- 1.10
- Min
- 0.59
WF
Banks industry group
0.63
- Max
- 2.28
- Q3
- 1.58
- Median
- 1.32
- Q1
- 1.10
- WF
- 0.63
- Min
- 0.59
Valuation Metrics
| Metric | MFG | WF |
|---|---|---|
| P/E Ratio (TTM) | 12.88 | 8.04 |
| P/S Ratio (TTM) | -- | -- |
| P/B Ratio (MRQ) | 1.57 | 0.63 |
| Free Cash Flow Yield (TTM) | -- | -- |