Kiwoom Securities Co., Ltd.

Kiwoom Securities Co., Ltd.

039490.KS
Kiwoom Securities Co., Ltd.KR flagKorea Exchange
315,000.00
KRW
-19,500.00
- -
8.26TMarket Cap
Kiwoom Securities Co., Ltd.
039490.KS
(Korea Exchange)

Recent

price

315,000.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
13,534.57
15,562.93
11,114.77
8,920.99
13,954.86
22,163.56
22,036.18
27,721.55
23,676.49
34,476.04
68,791.68
69,017.99
47,923.46
65,947.77
76,835.69
103,141.9
116,190.58
Revenue per Share
4,718
5,745
2,329
1,640
3,420
8,585
8,142
10,870
7,230
14,017
30,319
31,680
17,919
15,563
31,269
44,379
54,011.08
Basic EPS, GAAP
3,417.07
1,304.82
20,454.16
1,071.81
-8,216.87
-8,079.88
-18,751.99
-38,135.06
-57,002.37
-116,897.4
-62,529.65
-124,868.05
-71,995.71
-77,594.57
-187,535.45
-258,428.1
-191,917.69
Free Cash Flow per Basic Share
898.18
704.55
916.87
453.2
360.56
290.13
700
877.05
1,074.99
1,845.24
2,491.8
2,708.73
3,731.44
3,184.95
3,298.92
8,196.77
- -
Dividend per Share
22,786.95
27,745.4
30,009.2
30,766.35
33,655.72
41,886.38
49,311.1
59,338.5
54,365.77
68,411.51
104,566.5
114,396.21
129,515.78
142,345.65
174,809.47
218,514.72
221,585.34
Book Value per Share
30,515.42
35,837.38
37,458.68
35,322.57
38,149.88
46,587.8
52,843.61
66,864.09
74,281.67
84,313.39
120,968.8
147,106.12
157,945.03
170,610.62
206,315.95
264,606.64
274,810.02
Tangible Book Value per Share
22
22
22
22
22
22
22
22
27
26
23
29
28
28
27
25
25
Basic Weighted Avg Shares
301,125
345,677
240,279
195,760
308,400
489,782
486,996
612,666
632,769
892,290
1,595,900
1,968,832
1,356,818
1,848,730
2,051,918
2,588,103
2,914,130
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
13,282
14,772
16,975
16,479
27,458
28,384
29,435
28,682
25,427
23,183
28,914
36,413
40,517
40,898
53,064
64,328
68,866
Depreciation Expense
104,969
127,605
50,348
35,988
75,581
189,716
179,937
240,235
193,226
362,780
703,371
903,715
507,326
436,281
835,047
1,113,586
1,354,630
Net Income, GAAP
25.64
23.66
27.91
32.88
22.2
23.9
23.6
25.21
31.24
26.45
28.23
26.26
25.29
24.67
23.57
27.63
27.72
Effective Tax Rate (%)
34.86
36.91
20.95
18.38
24.51
38.73
36.95
39.21
30.54
40.66
44.07
45.9
37.39
23.6
40.7
43.03
46.48
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
271,836
256,709
322,952
376,157
665,014
625,979
1,234,893
2,049,578
3,798,961
4,755,336
5,868,966
8,388,498
9,172,666
10,203,733
13,235,738
19,701,566
21,468,805
LT Debt
704,141
822,048
860,594
855,209
923,848
1,109,846
1,248,039
1,547,186
2,065,773
2,258,431
2,884,912
4,301,863
4,593,094
4,904,099
5,631,875
6,722,405
6,980,601
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
22.8
22.72
7.96
5.44
10.65
22.73
17.86
20.01
13.98
22.51
33.52
31.77
14.64
11.4
19.29
21.94
26.42
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
4,546
2,507
914
Shares Outstanding
25
26
26
Market Capitalization
6,164,252
7,283,881
10,295,587

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
18,768,792
20,332,218
24,772,516
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
20.39%
19.37%
19.36%
Free Cash Flow
63.2%
53.84%
29.48%
Net Income, GAAP
28.58%
19.08%
33.36%
Sales/Revenue/Turnover
21.4%
13.13%
26.13%
Total Cash Common Dividend
48.91%
37.41%
133.46%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
534,407
579,001
480,652
458,602
2,051,918
2025
580,888
685,624
648,996
672,578
2,588,103
2026
906,932
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8,999
8,634
7,961
- -
31,269
2025
8,906
12,392
13,377
- -
44,379
2026
18,193.11
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3,298.92
2025
- -
- -
- -
- -
8,196.77
2026
- -
- -
- -
- -
- -
Business
Kiwoom Securities Co., Ltd. (039490.KS) provides comprehensive brokerage, investment banking, and financial investment services primarily in South Korea. The company offers online trading platforms including HERO 4 (HTS) and HERO S(MTS) for equity, futures, options, foreign stocks, local and overseas futures, and FX margin trading; investment banking services encompassing equity capital market activities such as IPO advisory, rights offerings, equity-linked securities (CB, BW) underwriting and syndication, debt capital market services including corporate debt and asset-backed securities underwriting, structured finance solutions for real estate development, project financing, bridge loans, aircraft, shipping, logistics centers, and data centers across land acquisition to profit securitization; M&A finance with acquisition financing and private equity partnerships; discretionary trust investment and advisory services; derivatives and futures trading; research center services; and operates a savings bank for local residents and small-medium enterprises. Kiwoom Securities maintains leading market share in online brokerage, operates from headquarters in Seoul, South Korea, where it was founded in 2000, and focuses on retail, wholesale, investment management, and IB business segments with primary operations in South Korea. Recent developments include acquiring a 20% stake in Kiwoom Private Equity, Inc. from Kiwoom Asset Management Co., Ltd. for KRW 18.9 billion in February 2025 and an additional 40% stake from Korea Information Certificate Authority, Inc. for KRW 37.8 billion; providing KRW 50 billion funding to Kiwoomfni Co., Ltd. via share subscription in February 2025; investing KRW 30 billion in Kiwoomyes Savings Bank Co., Ltd. in May 2025 and participating in KRW 4.6 billion funding for Mona Yongpyong Co., Ltd. in June 2025; announcing an equity buyback plan for up to 300,000 shares worth KRW 35 billion in April 2025; and leadership transition with Ju-Sung Um as CEO since January 2024.