Latest Ratios: P/E Ratio 7.3x · EV/EBITDA 17.0x · ROE 9.3%. (2015–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $15.0B | $14.9B | $7.7B | $7.4B | $6.7B | $7.8B | $6.6B | $6.9B | $9.5B | $10.1B | $7.3B |
| Enterprise Value | $59.8B | $68.17T | $56.55T | $45.81T | $39.18T | $49.35T | $48.95T | $45.53T | $42.92T | $39.66T | $61.87T |
| P/E Ratio → | 7.35 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.01 | 0.01 |
| P/S Ratio | 5.56 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| P/B Ratio | 0.70 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| P/FCF | 1.74 | 0.00 | — | 0.01 | 0.00 | 0.00 | — | 0.01 | 0.00 | — | 0.00 |
| P/OCF | 1.68 | 0.00 | — | 0.00 | 0.00 | 0.00 | — | 0.00 | 0.00 | — | 0.00 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 16.56 | 2.20 | 1.93 | 2.25 | 3.95 | 4.35 | 3.66 | 3.74 | 3.75 | 6.35 |
| EV / EBITDA | 16.97 | 12.70 | 10.50 | 10.16 | 7.15 | 11.02 | 19.30 | 14.10 | 13.95 | 18.15 | 34.27 |
| EV / EBIT | 22.12 | 16.56 | 13.39 | 13.02 | 8.62 | 13.38 | 24.46 | 16.72 | 15.30 | 20.35 | 39.83 |
| EV / FCF | — | 5.19 | — | 37.28 | 2.14 | 13.93 | — | 34.64 | 4.84 | — | 13.50 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 100.0% | 100.0% | 42.4% | 41.9% | 60.7% | 72.5% | 61.7% | 59.3% | 62.0% | 61.1% | 55.6% |
| Operating Margin | 100.0% | 100.0% | 16.4% | 14.8% | 26.2% | 29.5% | 17.8% | 21.9% | 24.4% | 18.4% | 15.9% |
| Net Profit Margin | 78.8% | 78.8% | 12.0% | 10.6% | 18.3% | 20.3% | 11.6% | 15.1% | 17.7% | 14.3% | 12.9% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 9.3% | 9.3% | 8.9% | 7.7% | 10.5% | 9.2% | 5.0% | 7.9% | 9.6% | 8.1% | 7.7% |
| ROA | 0.6% | 0.6% | 0.6% | 0.5% | 0.7% | 0.6% | 0.3% | 0.5% | 0.6% | 0.5% | 0.4% |
| ROIC | 2.5% | 2.5% | 2.8% | 2.5% | 3.3% | 3.0% | 1.8% | 2.7% | 3.0% | 2.2% | 1.9% |
| ROCE | 1.2% | 1.2% | 3.1% | 2.8% | 3.7% | 3.5% | 2.2% | 3.3% | 3.7% | 1.1% | 0.6% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 2.77 | 2.77 | 2.34 | 2.29 | 2.32 | 2.43 | 2.21 | 2.04 | 2.26 | 2.26 | 2.71 |
| Debt / EBITDA | 17.61 | 17.61 | 15.56 | 16.93 | 13.40 | 15.62 | 23.23 | 16.08 | 16.14 | 21.31 | 25.43 |
| Net Debt / Equity | — | 2.00 | 1.58 | 1.37 | 1.24 | 1.71 | 1.83 | 1.79 | 1.95 | 1.93 | 3.65 |
| Net Debt / EBITDA | 12.70 | 12.70 | 10.50 | 10.15 | 7.15 | 11.02 | 19.29 | 14.10 | 13.94 | 18.15 | 34.27 |
| Debt / FCF | — | 5.19 | — | 37.28 | 2.14 | 13.93 | — | 34.63 | 4.84 | — | 13.50 |
| Interest Coverage | — | — | 0.32 | 0.30 | 0.76 | 1.27 | 0.57 | 0.58 | 0.70 | 0.59 | 0.44 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.93 | 0.93 | 0.22 | 0.23 | 0.23 | 0.23 | 0.17 | 0.17 | 0.15 | 0.15 | 1.02 |
| Quick Ratio | 0.93 | 0.93 | 0.22 | 0.23 | 0.23 | 0.23 | 0.17 | 0.17 | 0.15 | 0.15 | 1.02 |
| Cash Ratio | 0.53 | 0.53 | 0.07 | 0.08 | 0.10 | 0.06 | 0.03 | 0.02 | 0.03 | 0.03 | -0.47 |
| Asset Turnover | — | 0.01 | 0.05 | 0.05 | 0.04 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.9% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Payout Ratio | 28.6% | 28.6% | 28.5% | 39.0% | 20.6% | 14.5% | 38.7% | 23.4% | 16.6% | 22.3% | 13.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 13.6% | 21836.4% | 37910.7% | 32062.6% | 45671.2% | 32502.2% | 19089.3% | 27014.3% | 21291.0% | 13275.3% | 14538.1% |
| FCF Yield | 57.4% | 88410.7% | — | 16587.0% | 273681.5% | 45648.0% | — | 19010.8% | 92835.6% | — | 63171.1% |
| Buyback Yield | 0.7% | 100.0% | 100.0% | 100.0% | 0.0% | 48.4% | 0.0% | 100.0% | 0.0% | 0.0% | 100.0% |
| Total Shareholder Yield | 4.5% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Shares Outstanding | — | $253M | $247M | $245M | $243M | $241M | $241M | $228M | $227M | $227M | $227M |
Real estate project financing
Based on reported figures, Woori Financial Group trades at a P/B of 0.64, which remains significantly below its historical averages and peer group multiples, suggesting that the market continues to price the bank as a commodity balance sheet rather than a premium franchise with growth potential.
The persistent valuation discount appears to stem from investor skepticism regarding the bank's ability to diversify income streams beyond traditional corporate lending. While the low P/B ratio may offer a margin of safety, it also indicates that the market is not yet pricing in the potential benefits of the group's recent privatization or its digital transformation efforts.
As reported in financial statements, the bank's ROE has fluctuated between 0.2% and 3.4% over the last ten quarters, indicating that profitability is heavily influenced by non-recurring accounting adjustments rather than consistent, organic growth in core banking operations.
The DuPont decomposition suggests that the bank's profitability is currently constrained by low asset utilization and significant volatility in non-interest income. Investors should monitor whether the recent expansion in NIM to 2.5% in 2026Q1 can be sustained, or if it represents a temporary anomaly that will revert to the historical 0.4% baseline.
According to recent quarterly data, the net interest margin surged to 2.5% in 2026Q1, a sharp departure from the 0.4% level maintained for most of the previous two years, which warrants further investigation into the sustainability of these yield improvements.
The sudden shift in NIM suggests a potential decoupling of asset yields from the restrictive interest rate environment that previously compressed margins. However, the lack of consistent efficiency ratio data makes it difficult to determine if this margin expansion is being supported by effective cost control or merely by favorable interest rate fluctuations.
Based on reported figures, the equity-to-assets ratio has remained remarkably stable between 0.06 and 0.07 over the last ten quarters, indicating that management has successfully maintained a consistent capital cushion despite significant volatility in the group's total asset base.
This stability in the capital structure suggests that the bank is well-positioned to navigate potential credit shocks, particularly in the construction and SME sectors. The maintenance of this buffer appears to be a priority for management as they seek to increase shareholder returns following the completion of the privatization process.
As indicated by the bank's financial disclosures, the P/E ratio is the most commonly misapplied metric for Woori Financial Group, as it fails to account for the extreme volatility in loan loss provisions and non-recurring gains that frequently distort net income.
Relying on P/E ratios in this context is misleading because it ignores the impact of accounting-driven provision reversals, which can artificially inflate earnings in any given quarter. Analysts should instead focus on P/TBV and normalized ROE to better assess the bank's long-term value creation and operational performance.
Includes 30+ ratios · 11 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying WF stock.
Woori Financial Group Inc.'s current P/E ratio is 7.3x. The historical average is 0.0x. This places it at the 100th percentile of its historical range.
Woori Financial Group Inc.'s current EV/EBITDA is 17.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 17.2x.
Woori Financial Group Inc.'s return on equity (ROE) is 9.3%. The historical average is 8.1%.
Based on historical data, Woori Financial Group Inc. is trading at a P/E of 7.3x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Woori Financial Group Inc.'s current dividend yield is 3.89% with a payout ratio of 28.6%.
Woori Financial Group Inc. has 100.0% gross margin and 100.0% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Woori Financial Group Inc.'s Debt/EBITDA ratio is 17.6x, indicating high leverage. A ratio above 4x may signal elevated financial risk.