Mirae Asset Securities Co Ltd
KRX:00680K
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EV/FCFF
Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.
Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.
Valuation Scenarios
If EV/FCFF returns to its Industry Average (11), the stock would be worth ₩-13 401.03 (166% downside from current price).
| Scenario | EV/FCFF Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | -16.8 | ₩20 400 |
0%
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| Industry Average | 11 | ₩-13 401.03 |
-166%
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| Country Average | 14.8 | ₩-18 027.96 |
-188%
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Forward EV/FCFF
Today’s price vs future free cash flow to firm
Peer Comparison
| Market Cap | EV/FCFF | P/E | ||||
|---|---|---|---|---|---|---|
| KR |
|
Mirae Asset Securities Co Ltd
KRX:00680K
|
30.8T KRW | -16.8 | 20 | |
| ZA |
I
|
Investec Ltd
JSE:INL
|
254.5B ZAR | 0 | 18.6 | |
| CH |
|
UBS Group AG
SIX:UBSG
|
102.5B CHF | 0 | 16.6 | |
| BR |
|
Banco BTG Pactual SA
BOVESPA:BPAC5
|
356.1B BRL | -32.1 | 26.6 | |
| AU |
|
Macquarie Group Ltd
ASX:MQG
|
84.8B AUD | 0 | 23.4 | |
| DE |
|
Deutsche Bank AG
XETRA:DBK
|
51.9B EUR | 0 | 8.4 | |
| CN |
S
|
SPIC Industry Finance Holdings Co Ltd
SZSE:000958
|
102.8B CNY | -195.1 | 114.6 | |
| UK |
|
Investec PLC
LSE:INVP
|
5.6B GBP | 0 | 8.9 | |
| IN |
|
Motilal Oswal Financial Services Ltd
NSE:MOTILALOFS
|
470B INR | -18.4 | 23.2 | |
| CH |
|
Credit Suisse Group AG
SIX:CSGN
|
3.2B CHF | 0 | 0.6 | |
| FR |
|
Rothschild & Co SCA
PAR:ROTH
|
2.8B EUR | 0 | 5.9 |
Market Distribution
| Min | 0 |
| 30th Percentile | 8.7 |
| Median | 14.8 |
| 70th Percentile | 28.4 |
| Max | 4 181.4 |
Other Multiples
Mirae Asset Securities Co Ltd
Glance View
At the heart of Seoul's bustling financial district, Mirae Asset Securities Co Ltd. stands as a beacon of innovation and resilience in South Korea's thriving economy. Founded in 1999, this firm swiftly carved a niche for itself by redefining what a modern investment house could achieve. From the onset, Mirae Asset embraced a client-centric approach intertwining comprehensive financial services with cutting-edge technology. This strategy enabled it to transcend the traditional securities firm's perceived limitations, developing a strong domestic and international footprint. Notably, it was among the first to introduce products such as Real Estate Investment Trusts (REITs) in Korea, offering diverse investment avenues that appeal to a broad swath of the investing public. Driving its growth strategy is a multifaceted business model encompassing wealth management, investment banking, and brokerage services. Revenue streams are meticulously diversified: transaction fees from brokerage operations, advisory fees through wealth management, and returns from proprietary trading and strategic investments form the backbone of its financial success. A pivotal part of Mirae Asset's unique value proposition lies in its commitment to innovation, continuously leveraging technology to optimize client experiences and operational efficiency. Furthermore, the company's vibrant corporate culture, emphasizing ethical practices and visionary leadership, fuels its ongoing quest for global expansion and industry leadership. The firm, therefore, not only adapts to the fast-evolving financial landscape but anticipates it, aspiring to set new benchmarks in the investment world.