Loading…
Major Korean non-life insurer offering auto, property and casualty insurance products to retail and commercial customers.
Major Korean non-life insurer offering auto, property and casualty insurance products to retail and commercial customers.
Long-term insurance, such as health and accident cover sold on multi-year terms, now generates more premium than car insurance, as across Korea's non-life industry. It invests premiums before claims are paid, so underwriting results and investment returns both count.
Moat: narrow (scale, brand, distribution). One of Korea's largest non-life insurers with a broad agent and digital distribution network.
Headquarters: Seoul, South Korea · Founded: 1946 · Employees: 3,987
Size Hyundai M&F INS (001450.KS) is a South Korea Financials company (Property/Casualty Insurance) with a market value of $2.29B, the 124th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩41,800 on 6 Nov 2026.
Performance Over six months the shares gained 37.5%, against +18.9% for the median peer and -24.5% for the South Korea market (cap-weighted) — 4th highest of 21 in its peer set.
Growth Revenue fell 5.1% over the last twelve months (peer median +9.5%); the operating margin is 3.4% (peer median 21.1%).
Valuation It trades at 0.51× book value against a peer median of 1.75× (cheapest of 21).
Price implies The share price implies a return on equity of about 4.2%; Hyundai M&F INS delivers 21.0%, so the price asks less than the business earns today.
Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₩14.6T | ₩15.6T | ₩14.0T | ₩14.2T | ₩13.3T |
| Revenue growth | — | +11% | -1% | +6% | — |
| Net income | ₩1.17T | ₩1.02T | ₩851B | ₩563B | ₩1.28T |
| Free cash flow | ₩3.01T | ₩3.51T | ₩2.16T | ₩1.46T | ₩304B |
| Capital expenditure | ₩61.1B | ₩31.3B | ₩96.6B | ₩51.6B | ₩31.6B |
| Total debt | ₩3.05T | ₩3.40T | ₩2.97T | ₩1.15T | ₩1.72T |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Hyundai M&F INS 001450.KS | $2.29B | +38% | -5% | 21% | 0.51× | 4.2% |
| SamsungF&MIns 000810.KS | $17.2B | +31% | +5% | 8% | 0.71× | 4.8% |
| Db Insurance 005830.KS | $6.90B | +2% | -14% | 17% | 0.85× | 5.1% |
| Hanwha General Insurance 000370.KS | $519M | -9% | +15% | 11% | 0.26× | 3.8% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 001450.KS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -13.1% | +2.3% | 3rd lowest of 21 |
| 6-month return | +37.5% | +18.9% | 4th highest of 21 |
| Return on equity | 21.0% | 15.8% | 10th highest of 20 |
| Price / book | 0.51× | 1.75× | cheapest of 21 |
| Trailing P/E | 2.8× | 9.7× | cheapest of 19 |
| ROE the price implies | 4.2% | 11.1% | least demanding of 21 |
| ROE delivered | 21.0% | 18.8% | 10th highest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Hyundai M&F INS 001450.KS | South Korea | $2.29B | +38% | -5% | 21% | 0.51× | 4.2% | 21.0% |
| HCI HCI | United States | $2.31B | +22% | +23% | 34% | 2.15× | 17.3% | 33.8% |
| Porch PRCH | United States | $2.26B | +80% | +20% | n/a | 345.11× | 5,821.2% | n/a |
| Lancashire LRE.L | United Kingdom | $2.24B | +18% | -2% | 22% | 1.49× | 12.7% | 21.8% |
| Horace Mann Educators HMN | United States | $2.16B | +20% | +4% | 12% | 1.46× | 7.9% | n/a |
| Kemper KMPR | United States | $1.97B | +10% | -4% | -19% | 0.90× | 9.4% | -19.3% |
| Zenkoku Hosho 7164.T | Japan | $2.69B | +1% | +2% | 14% | 1.74× | 6.2% | 14.1% |
| NMI NMIH | United States | $2.94B | 0% | +8% | 15% | 1.10× | 7.9% | 15.4% |
| SiriusPoint SPNT | United States | $3.06B | +12% | +23% | 23% | 1.34× | 9.5% | 23.1% |
| Safety Insurance SAFT | United States | $1.53B | +46% | +7% | 8% | 1.75× | 8.9% | 7.8% |
| Shinkong Insurance 2850.TW | Taiwan | $1.51B | +21% | +22% | 24% | 2.27× | 6.6% | 24.0% |
| Universal Insurance UVE | United States | $1.29B | +19% | +6% | 41% | 2.00× | 13.1% | 40.8% |
| Palomar PLMR | United States | $4.10B | +37% | +60% | 22% | 4.16× | 17.0% | 22.2% |
| Protector Forsikring PROT.OL | Norway | $4.19B | +4% | +12% | 35% | 5.34× | 18.1% | 35.2% |
| United Fire UFCS | United States | $1.23B | -1% | +11% | 15% | 1.31× | 9.0% | 14.9% |
| Accelerant ARX | United States | $4.32B | +19% | +55% | -380% | 6.01× | 23.2% | -380.1% |
| Ategrity Specialty Insurance ASIC | United States | $1.16B | +23% | +30% | 16% | 1.89× | 9.3% | 15.8% |
| Mercury General MCY | United States | $4.58B | -17% | +5% | 26% | 1.63× | 13.7% | 25.5% |
| Heritage Insurance HRTG | United States | $984M | +48% | +2% | 42% | 1.64× | 14.1% | 41.7% |
| Hippo HIPO | United States | $929M | +28% | +21% | 7% | 1.98× | 22.6% | 7.2% |
| MGIC Investment MTG | United States | $5.87B | +7% | -2% | 14% | 1.18× | 8.9% | 13.9% |