SHG vs. WF: Shinhan Financial vs. Woori Financial Stock Comparison

Company Profile

Shinhan Financial (SHG) 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 Shinhan Financial (SHG) 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.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Both Shinhan Financial (SHG) at 8.94% and Woori Financial (WF) at 7.93% produce bottom-quartile ROE versus peers, pointing to weaker profit generation on shareholders’ equity.

Both Shinhan Financial (SHG) at 26.15% and Woori Financial (WF) at 27.06% let more of each sales dollar slip away before the bottom line than peers do, sitting in the lower net margin quartile of their industries.

Neither side reports a meaningful operating margin: for Shinhan Financial (SHG) 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

Growth

Both Shinhan Financial (SHG) at 4.66% and Woori Financial (WF) at 5.30% post bottom-quartile revenue growth versus peers, pointing to weaker demand or pricing momentum than typical rivals.

Shinhan Financial (SHG) at 16.24% is around its peer norm for EPS growth, while Woori Financial (WF) at 2.58% drops into the bottom quartile, signaling weaker earnings momentum.

Growth Metrics

Financial Strength

current ratio doesn’t apply on either side: Shinhan Financial (SHG) 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-to-equity ratio is set aside for both: Shinhan Financial (SHG) 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

Dividends

Both Shinhan Financial (SHG) at 4,638.28% 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.

Both Shinhan Financial (SHG) at 25.22% 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.

Dividend Metrics

Valuation

Both Shinhan Financial (SHG) at 7.98 and Woori Financial (WF) at 8.04 sit in the cheaper earnings-multiple quartile for P/E ratio, with the market paying less for a dollar of trailing earnings than it pays for typical peers.

P/S ratio is set aside for both Shinhan Financial (SHG) 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.

Relative to net asset value, both Shinhan Financial (SHG) at 0.66 and Woori Financial (WF) at 0.63 look inexpensive, sitting in the lower P/B ratio quartile of their industries.

Valuation Metrics