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Is this Large Market Cap Stock target price reasonable for Shinhan Financial Group Company Limited (NYSE:SHG)?

The company in question is, Shinhan Financial Group Company Limited (NYSE:SHG) currently with a stock price of 35.58 (-3.97% today). The market cap for Shinhan Financial Group Company Limited is 17942.57, and is in the sector Financial, and Foreign Regional Banks industry. The target price for Shinhan Financial Group Company Limited is 40. Currently Shinhan Financial Group Company Limited is trading with a P/E of 7.87, and a forward P/E of 8.12. Average volume for Shinhan Financial Group Company Limited is 63.03 and so far today it is 6094.

Performance in the last year for Shinhan Financial Group Company Limited has been 7.95%. For EPS growth, Shinhan Financial Group Company Limited has seen a growth of 14.20%, and is looking to grow in the next year to 3.40%. More long term stats show that EPS growth has been -1.20% over the last five years and could be 3.50% for the next five years. Shinhan Financial Group Company Limited has seen sales growth quarter over quarter at 0.50%, with EPS growth quarter over quarter at 0.20%. The 20-day simple moving average is 0.31%, with the 200-day simple moving average coming to 4.03%.

Since the IPO date for Shinhan Financial Group Company Limited on the 9/17/2003, Shinhan Financial Group Company Limited has seen performance year to date to be 10.30%. With Shinhan Financial Group Company Limited trading at 35.58, the dividend yield is 2.81%, and the EPS is 4.71.

So could Shinhan Financial Group Company Limited, be undervalued? Well as said before P/E is 7.87. The PEG is 2.25, P/S is 1.78 and the P/B is at 0.64. The P/cash is 0.36, with P/free cash flow at 4.07.

Shinhan Financial Group Company Limited ability to deal with debt shows that the current ratio is *TBA, and the quick ratio is *TBA. This is with long term debt/equity at 2.21, and total debt/equity at 2.21.

In terms of margins, Shinhan Financial Group Company Limited has a gross margin of *TBA, an operating margin of 53.40% and a profit margin of 22.10%.Payout ratio for Shinhan Financial Group Company Limited is 23.20%. Return on assets come to 0.70% with return on investment coming to 5.30%.

Insider ownership for Shinhan Financial Group Company Limited, is at 5.00% and institutional ownership comes to 2.30%. Outstanding shares are at 484.28. While shares float is 428.43. The float short is currently 0.04%, and short ratio is 2.75.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Stephen Butters

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