Who are Kiwoom's main competitors?

Named competitors: Daishin Securities (003540.KS), Mirae Asset Securities (006800.KS), NH Investment & Securities (005940.KS), Robinhood Markets (HOOD). The cockpit's measured peer set (industry) also includes Pacific Securities (601099.SS), J-Yuan Trust (600816.SS), Miami International (MIAX), Lazard (LAZ), Angel One (ANGELONE.NS), PJT Partners (PJT).

Is Kiwoom expensive compared with its peers?

On forward p/e it trades at 2.9× against a peer median of 18.0×, cheapest of 16 in its peer set.

How has Kiwoom stock performed?

Over six months to 6 Nov 2026 the shares returned -53.2% against -12.3% for the median peer; over one year -34.2%.

← CockpitCompetitor Analysis › 039490.KS KiwoomOpen in the cockpit ↗

Kiwoom039490.KSCompetitor analysis, valuation and peers

South Korea · KRW·Financials›Investment Banks/Brokers

Korea's largest online-only retail brokerage by trading volume, also offering asset management and investment banking via group affiliates.

Momentum laggard 19

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$3.48B

US dollars, full cap

Free float

57%

of shares outstanding

$/day

$15.6M

20-day average traded

Fwd P/E

2.9×

forward earnings

ROIC−WACC

n/a

WACC 5.0%

Hurdle

n/a

no reverse DCF

Next earnings

96 days

10 Feb 2027

Close · KRW₩186,400

1D-6.7%

1W-15.1%

1M-24.5%

3M-34.4%

6M-53.2%

YTD-35.6%

1Y-34.2%

ATR %6.8%

52w lowhigh64.0% off high

What Kiwoom does

Korea's largest online-only retail brokerage by trading volume, also offering asset management and investment banking via group affiliates.

Earns commissions on share trades placed through its trading app, interest on margin loans to those clients, and returns on its own trading and investment-banking deals, so results swing with Korean retail trading volume. It also earns commissions when Korean investors buy foreign shares. Its low-cost, app-only model was built for individual investors.

Products and services

Online stock brokerage
Margin/futures and options trading
Asset management
Investment banking

Customers

Retail individual investors
Institutional clients

Where it sits in the supply chain

Financial services
Online securities brokerage
Asset management/investment banking

What could go right

Retail trading-volume growth
Overseas stock brokerage expansion

What could go wrong

Retail trading-volume cyclicality
Brokerage-fee competition

Moat: narrow (scale, cost advantage, brand). Low-cost online-only model captured the largest share of Korean retail trading volume.

Headquarters: Seoul, South Korea · Founded: 2000 · Employees: 1,190

Named competitors

Kiwoom at a glance

Size Kiwoom (039490.KS) is a South Korea Financials company (Investment Banks/Brokers) with a market value of $3.48B, the 93rd largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩186,400 on 6 Nov 2026.

Performance Over six months the shares fell 53.2%, against -12.3% for the median peer and -24.5% for the South Korea market (cap-weighted) — lowest of 21 in its peer set.

Growth Revenue grew 100.1% over the last twelve months (peer median +6.4%); the operating margin is 41.2% (peer median 28.7%).

Valuation It trades at 2.9× forward earnings against a peer median of 18.0× (cheapest of 16).

Next results Next results expected around 10 Feb 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Kiwoom against the median of its 20 peers (local-currency closes).

Kiwoom financials

Reported figures in KRW; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	₩6.87T	₩3.39T	₩2.96T	₩2.78T	₩2.03T
Revenue growth	—	+15%	+6%	+37%	—
Gross profit	n/a	₩2.56T	₩2.23T	₩2.10T	₩1.55T
EBITDA	n/a	₩2.25T	₩1.81T	₩1.26T	₩976B
Net income	₩1.64T	₩1.11T	₩835B	₩436B	₩507B
Free cash flow	n/a	₩2.49T	-₩3.33T	₩368B	₩239B
Capital expenditure	n/a	₩133B	₩65.3B	₩35.1B	₩40.7B
Total debt	n/a	₩35.3T	₩25.1T	₩20.0T	₩17.7T

Quarterly statements and history in the cockpit →

Kiwoom competitor charts

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.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Kiwoom is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Kiwoom is the large dot.

Kiwoom competitors and peer comparison

Head to head with its named competitors (039490.KS vs 003540.KS vs 006800.KS vs 005940.KS)
Company	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g
Kiwoom 039490.KS	$3.48B	-53%	+100%	41%	2.9×	n/a
Daishin Securities 003540.KS	$868M	-44%	+44%	53%	2.9×	n/a
Mirae Asset Sec 006800.KS	$7.57B	-66%	+5%	114%	4.0×	n/a
NHIS 005940.KS	$6.46B	-32%	+156%	34%	5.2×	n/a
Robinhood Markets HOOD	$72.9B	+5%	+22%	44%	29.7×	n/a

How Kiwoom compares with its peers

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.

Kiwoom against its 20 peers (data as of 6 Nov 2026)
Measure	039490.KS	Peer median	Rank in peer set
1-month return	-24.5%	-0.3%	lowest of 21
6-month return	-53.2%	-12.3%	lowest of 21
Distance from 52-week high	-64.0%	-27.8%	lowest of 21
Revenue growth (TTM)	+100.1%	+6.4%	2nd highest of 21
Operating margin	41.2%	28.7%	6th highest of 20
Forward P/E	2.9×	18.0×	cheapest of 16

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Kiwoom 039490.KS	South Korea	$3.48B	-53%	+100%	41%	2.9×	n/a	n/a
Pacific Securities 601099.SS	China	$3.47B	-8%	-11%	14%	n/a	n/a	n/a
J-Yuan Trust 600816.SS	China	$3.50B	-18%	+139%	13%	n/a	n/a	n/a
Miami International MIAX	United States	$3.45B	-34%	+14%	12%	18.8×	n/a	n/a
Lazard LAZ	United States	$3.74B	-20%	+9%	11%	16.7×	n/a	n/a
Angel One ANGELONE.NS	India	$3.20B	+3%	+21%	28%	23.1×	n/a	n/a
PJT Partners PJT	United States	$3.80B	-4%	+10%	21%	18.0×	n/a	n/a
Western Securities 002673.SZ	China	$3.83B	-14%	-2%	29%	n/a	n/a	n/a
Minmetals Capital 600390.SS	China	$3.15B	-11%	-62%	60%	51.9×	n/a	n/a
Plus500 PLUS.L	United Kingdom	$3.12B	-26%	+3%	41%	10.4×	n/a	n/a
Southwest Securities 600369.SS	China	$3.90B	-8%	-13%	27%	20.6×	n/a	n/a
Tata Investment TATAINVEST.NS	India	$3.06B	-22%	+18%	89%	n/a	n/a	n/a
XTB Spolka Akcyjna XTB.WA	Poland	$3.98B	+22%	+63%	48%	9.6×	n/a	n/a
HUAXI Securities 002926.SZ	China	$3.01B	-12%	+10%	36%	11.4×	n/a	n/a
TP ICAP TCAP.L	United Kingdom	$2.97B	-1%	+4%	11%	8.9×	n/a	n/a
Central Depository Services (India) CDSL.NS	India	$2.95B	+5%	+3%	50%	52.1×	n/a	n/a
Guosheng Securities 002670.SZ	China	$2.92B	-20%	-11%	11%	n/a	n/a	n/a
IG Group Holdings plc IGG.L	United Kingdom	$4.23B	-38%	+16%	40%	8.7×	n/a	n/a
Yongan Futures 600927.SS	China	$2.83B	-12%	-139%	n/a	24.3×	n/a	n/a
Nanjing Securities 601990.SS	China	$4.30B	-11%	-9%	37%	24.1×	n/a	n/a
flatexDEGIRO FTK.DE	Germany	$2.78B	-27%	+20%	45%	11.1×	n/a	n/a

Questions

Who are Kiwoom's main competitors?: Named competitors: Daishin Securities (003540.KS), Mirae Asset Securities (006800.KS), NH Investment & Securities (005940.KS), Robinhood Markets (HOOD). The cockpit's measured peer set (industry) also includes Pacific Securities (601099.SS), J-Yuan Trust (600816.SS), Miami International (MIAX), Lazard (LAZ), Angel One (ANGELONE.NS), PJT Partners (PJT).
Is Kiwoom expensive compared with its peers?: On forward p/e it trades at 2.9× against a peer median of 18.0×, cheapest of 16 in its peer set.
How has Kiwoom stock performed?: Over six months to 6 Nov 2026 the shares returned -53.2% against -12.3% for the median peer; over one year -34.2%.