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Korean brokerage and investment bank offering retail trading, wealth management, asset management and overseas securities services.
Korean brokerage and investment bank offering retail trading, wealth management, asset management and overseas securities services.
Earns commissions and margin-loan interest from retail trading, fees for managing client wealth and underwriting, and gains from its own investment book. Part of the founder-led Mirae Asset group, which also runs the TIGER ETF business. Overseas subsidiaries spread its income beyond Korea.
In one line: Korea's Charles Schwab/Morgan Stanley wealth-and-brokerage hybrid..
Moat: narrow (scale, brand, distribution). Korea's largest securities firm by capital, with an unusually large overseas network versus domestic peers.
Headquarters: Seoul, South Korea · Founded: 1999 · Employees: 3,310
Size Mirae Asset Sec (006800.KS) is a South Korea Financials company (Investment Banks/Brokers) with a market value of $7.57B, the 53rd largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩22,150 on 6 Nov 2026.
Performance Over six months the shares fell 65.8%, against -8.6% for the median peer and -24.5% for the South Korea market (cap-weighted) — lowest of 21 in its peer set.
Growth Revenue grew 5.0% over the last twelve months (peer median +6.2%); the operating margin is 113.6% (peer median 37.7%).
Valuation It trades at 4.0× forward earnings against a peer median of 13.0× (cheapest of 21).
Credit Mirae Asset Sec has 4 bonds outstanding ($1.30B), rated NR by the agencies and trading like BBB- at a weighted spread of 95 bp.
Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₩8.84T | ₩8.01T | ₩8.42T | ₩6.09T | ₩4.06T |
| Revenue growth | — | -5% | +38% | +50% | — |
| Gross profit | ₩6.44T | ₩6.34T | ₩7.21T | ₩5.07T | ₩3.37T |
| EBITDA | ₩10.2T | ₩6.81T | ₩6.06T | ₩3.96T | ₩2.47T |
| Net income | ₩3.77T | ₩1.57T | ₩922B | ₩322B | ₩686B |
| Free cash flow | ₩16.0T | ₩3.63T | -₩2.93T | -₩208B | ₩4.46T |
| Capital expenditure | ₩44.7B | ₩53.7B | ₩33.9B | ₩32.1B | ₩29.1B |
| Total debt | ₩101T | ₩86.9T | ₩84.9T | ₩74.9T | ₩60.7T |
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 | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Mirae Asset Sec 006800.KS | $7.57B | -66% | +5% | 114% | 4.0× | n/a |
| KBFinancialGroup 105560.KS | $37.5B | -5% | +32% | 15% | 8.0× | n/a |
| Charles Schwab SCHW | $158B | +3% | +12% | 52% | 12.2× | n/a |
| KIH 071050.KS | $5.15B | -49% | +100% | 51% | 2.4× | n/a |
| Kiwoom 039490.KS | $3.48B | -53% | +100% | 41% | 2.9× | n/a |
| Hanwha Investment&securities 003530.KS | $725M | -51% | +41% | 36% | n/a | n/a |
| Daishin Securities 003540.KS | $868M | -44% | +44% | 53% | 2.9× | n/a |
| Meritz Financial 138040.KS | $15.7B | +18% | +31% | 49% | 8.6× | n/a |
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 | 006800.KS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -27.4% | -0.6% | 2nd lowest of 21 |
| 6-month return | -65.8% | -8.6% | lowest of 21 |
| Distance from 52-week high | -74.8% | -24.1% | lowest of 21 |
| Revenue growth (TTM) | +5.0% | +6.2% | 11th highest of 21 |
| Operating margin | 113.6% | 37.7% | highest of 21 |
| Forward P/E | 4.0× | 13.0× | cheapest of 21 |
| Bond spread | 95 bp | 205 bp | tightest of 4 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Mirae Asset Sec 006800.KS | South Korea | $7.57B | -66% | +5% | 114% | 4.0× | n/a | n/a |
| Investec INVP.L | United Kingdom | $7.34B | +3% | -4% | 37% | 7.1× | n/a | n/a |
| XP Inc. Class A XP | United States | $7.83B | -21% | +17% | 32% | 6.7× | n/a | n/a |
| Virtu Financial VIRT | United States | $8.37B | +5% | +28% | 38% | 7.8× | n/a | n/a |
| Guolian Minsheng Securities 601456.SS | China | $6.75B | -13% | +9% | 25% | 20.1× | n/a | n/a |
| Founder Securities 601901.SS | China | $8.52B | -4% | -21% | 47% | 11.7× | n/a | n/a |
| Allfunds ALLFG.AS | Netherlands | $6.69B | +18% | +1% | 43% | 20.5× | n/a | n/a |
| Everbright Securities 6178.HK | Hong Kong | $8.59B | -20% | +15% | 42% | 6.0× | n/a | n/a |
| Nordnet SAVE.ST | Sweden | $8.70B | +13% | +11% | 58% | 23.7× | n/a | n/a |
| StoneX SNEX | United States | $6.55B | -33% | +21% | 2% | 13.0× | n/a | n/a |
| NHIS 005940.KS | South Korea | $6.46B | -32% | +156% | 34% | 5.2× | n/a | n/a |
| ASX ASX.AX | Australia | $9.02B | +15% | +3% | 65% | 24.2× | n/a | n/a |
| Swissquote SQN.SW | Switzerland | $6.33B | -13% | +4% | 44% | 15.9× | n/a | n/a |
| Zhongtai Securities 600918.SS | China | $6.31B | -12% | -4% | 21% | 17.1× | n/a | n/a |
| Zheshang Securities 601878.SS | China | $6.03B | -10% | -4% | 32% | 13.0× | n/a | n/a |
| Multi Commodity Exchange of India MCX.NS | India | $9.51B | +16% | +122% | 79% | 50.8× | n/a | n/a |
| SDIC Capital 600061.SS | China | $5.96B | -7% | -28% | 33% | 12.0× | n/a | n/a |
| Avanza Bank AZA.ST | Sweden | $5.95B | +13% | +13% | 54% | 19.1× | n/a | n/a |
| MarketAxess MKTX | United States | $5.83B | +12% | +3% | 39% | 19.5× | n/a | n/a |
| Changjiang Securities 000783.SZ | China | $5.77B | -13% | +13% | 37% | 8.1× | n/a | n/a |
| Orient Securities 600958.SS | China | $10.00B | -10% | -5% | 28% | 11.1× | n/a | n/a |
Mirae Asset Sec has 4 bonds outstanding with $1.30B face value. The agencies rate it NR; its bonds trade like BBB-. Weighted yield 5.45%, a spread of 95 bp over government bonds.