Meritz Fire & Marine Insurance Co (000060.KS) Stock Price
Meritz Fire & Marine Insurance Co Price
Revenue has compounded at 11.7% per year over the past 19 years to 11.23 T KRW. Earnings per share have grown at 15.3% per year over the last 19 years. Meritz Fire & Marine Insurance Co's net margin stands at 5.9%, broadly stable from 4.9% several years earlier. The payout ratio is around 11% of earnings. The dividend has grown at 8.1% per year over the past 19 years.
Meritz Fire & Marine Insurance Co stock price
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Stock Price
ⓘHow to Read This Chart
This chart tracks the historical stock price of Meritz Fire & Marine Insurance Co over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.
Total Return vs. Price Return
The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.
Intraday Price Data
When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Meritz Fire & Marine Insurance Co stock reacts to market openings, earnings releases, or breaking news throughout the trading session.
What to Look For
Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Meritz Fire & Marine Insurance Co's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.
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Meritz Fire & Marine Insurance Co Revenue, EBIT, Net Income
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Meritz Fire & Marine Insurance Co Income Statement, Balance Sheet, Cash Flow Statement
| REVENUET KRW |
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| EBIT MARGIN% |
| NET INCOMEB KRW |
| NET INCOME GROWTH% |
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| SHARESM |
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022e | 2023e | 2024e | 2025e | 2026e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4.45 | 5.32 | 4.24 | 5.77 | 6.39 | 6.71 | 7.77 | 7.94 | 9.59 | 10.75 | 11.23 | 9.97 | 10.52 | 10.93 | 11.08 | 11.13 |
| 9.19 | 19.63 | -20.29 | 35.98 | 10.65 | 5.02 | 15.93 | 2.14 | 20.76 | 12.14 | 4.41 | -11.21 | 5.52 | 3.90 | 1.34 | 0.47 |
| 0.21 | 0.18 | 0.25 | 0.10 | 0.12 | 0.24 | 0.84 | 0.15 | 0.15 | 0.59 | 0.62 | 1.24 | 1.23 | 1.17 | – | – |
| 4.78 | 3.46 | 5.95 | 1.73 | 1.83 | 3.58 | 10.86 | 1.84 | 1.57 | 5.45 | 5.49 | 12.46 | 11.74 | 10.67 | – | – |
| 159.99 | 135.74 | 132.65 | 114.55 | 168.52 | 236.50 | 383.83 | 233.82 | 300.44 | 431.10 | 659.91 | 895.09 | 903.82 | 930.14 | 938.83 | 957.08 |
| 21.91 | -15.15 | -2.28 | -13.65 | 47.11 | 40.34 | 62.30 | -39.08 | 28.49 | 43.49 | 53.08 | 35.64 | 0.98 | 2.91 | 0.93 | 1.94 |
| 638.39 | 550.00 | 620.00 | 380.00 | 570.00 | 830.00 | 1,140.00 | 820.00 | 850.00 | 1,280.00 | 620.00 | 620.00 | 620.00 | 620.00 | – | – |
| 50.00 | -13.85 | 12.73 | -38.71 | 50.00 | 45.61 | 37.35 | -28.07 | 3.66 | 50.59 | -51.56 | – | – | – | – | – |
| 93.00 | 98.00 | 102.00 | 102.00 | 106.00 | 108.00 | 109.00 | 110.00 | 112.00 | 112.00 | 114.42 | 114.42 | 114.42 | 114.42 | 114.42 | 114.42 |
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Income Statement Key Figures
ⓘRevenue and Revenue Growth
Revenue is the starting point of every income statement — it measures the total sales Meritz Fire & Marine Insurance Co generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.
Gross Margin
Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Meritz Fire & Marine Insurance Co retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Meritz Fire & Marine Insurance Co's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.
EBIT and EBIT Margin
EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.
Net Income and Earnings Per Share (EPS)
Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.
Shares Outstanding
The total number of shares Meritz Fire & Marine Insurance Co has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.
Analyst Estimates
The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Meritz Fire & Marine Insurance Co's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.
Meritz Fire & Marine Insurance Co stock margins
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Meritz Fire & Marine Insurance Co Stock Revenue, EBIT, Earnings per Share
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Meritz Fire & Marine Insurance Co business model & stock analysis
Meritz Fire & Marine Insurance Co SWOT Analysis
Strengths
Meritz Fire & Marine Insurance Co Ltd has several strengths that contribute to its success in the insurance industry. Firstly, the company has a strong financial position backed by a solid capital base, which enables it to effectively handle insurance claims and meet its financial obligations. This financial stability instills confidence in both policyholders and investors.
Secondly, Meritz Fire & Marine Insurance Co Ltd has a wide range of insurance products and services, catering to the diverse needs of its customers. This comprehensive product portfolio allows the company to attract a larger customer base and achieve greater market penetration.
Thirdly, the company possesses an experienced and skilled workforce. Its team of dedicated professionals ensures efficient underwriting, claims settlement, and customer service, resulting in high customer satisfaction and retention.
Weaknesses
Despite its strengths, Meritz Fire & Marine Insurance Co Ltd also faces some weaknesses that need to be addressed. One significant weakness is its limited presence in international markets. The company heavily relies on its domestic market, which exposes it to fluctuations in the local economy and regulatory changes. Diversifying its international operations would reduce this vulnerability.
Another weakness is the company's relatively smaller market share compared to some of its competitors. This can be attributed to the intense competition in the insurance industry, requiring Meritz Fire & Marine Insurance Co Ltd to develop targeted marketing strategies and product differentiation to gain a larger market share.
Opportunities
Meritz Fire & Marine Insurance Co Ltd has several opportunities to expand its business and improve its market position. One opportunity is the growing demand for insurance products in emerging markets. By strategically entering and establishing a presence in these markets, the company can tap into a new customer base and generate additional revenue streams.
Another opportunity lies in leveraging technological advancements. By incorporating innovative digital platforms and utilizing big data analytics, Meritz Fire & Marine Insurance Co Ltd can enhance its operational efficiency, develop targeted products, and provide personalized insurance solutions to customers, thereby gaining a competitive edge.
Threats
Like any insurance company, Meritz Fire & Marine Insurance Co Ltd is exposed to various threats that can impact its operations. One major threat is increasing regulatory scrutiny and compliance requirements. Complying with these regulations can be time-consuming and costly, which may put financial strain on the company and limit its ability to adapt quickly to market changes.
Additionally, intense competition from local and global insurers poses a threat to Meritz Fire & Marine Insurance Co Ltd. Competitors may offer similar insurance products at lower prices or with more attractive features, leading to potential loss of market share and profitability.
Meritz Fire & Marine Insurance Co Eulerpool Fair Value
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Fair Value Estimate
ⓘWhat Is Fair Value?
Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.
Earnings-Based Fair Value
Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.
Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021
Revenue-Based Fair Value
Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"
Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021
Dividend-Based Fair Value
Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.
Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021
How to Use This Chart
When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.
Meritz Fire & Marine Insurance Co historical P/E ratio, EBIT multiple, and P/S ratio
Meritz Fire & Marine Insurance Co annual returns
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Annual Return
ⓘWhat This Chart Shows
This chart breaks down Meritz Fire & Marine Insurance Co's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.
Price Return
Price return measures the percentage change in Meritz Fire & Marine Insurance Co's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.
Dividend Return
Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.
What to Look For
Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare Meritz Fire & Marine Insurance Co's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.
Meritz Fire & Marine Insurance Co shares outstanding
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Meritz Fire & Marine Insurance Co stock splits
Since 1989, a total of 10.3979799 shares have been converted from one Meritz Fire & Marine Insurance Co share.
Meritz Fire & Marine Insurance Co Dividend History
28 years of dividend payments
Meritz Fire & Marine Insurance Co dividend payout ratio
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Meritz Fire & Marine Insurance Co Earnings Estimates & Surprises
| Date | EPS estimate | EPS Actual | Revenue Estimate | Price reaction | Quarterly report |
|---|---|---|---|---|---|
| 5/10/2023 | 1,175.03KRW | - | -KRW | - | 2023 Q1 |
Meritz Fire & Marine Insurance Co shareholder structure
| % | Name |
|---|---|
5.92814% | |
1.24142% | |
0.67396% | |
0.49554% | |
0.45645% | |
0.26084% |
Meritz Fire & Marine Insurance Co Beneficial Ownership Filings (SEC 13D/G)
Meritz Fire & Marine Insurance Co Executives and Management Board
16 members · avg. age 53 · 13 % women
Mr. Beom Jin Lee (52)
Vice President, Director
1.22 M KRW
Management
Mr. Yong Beom Kim (59)
Chief Executive Officer, Vice Chairman of the Board · since 2020
Mr. Jong Min Kim (50)
Vice President · since 2021
Mr. Su Dong Seo (54)
Vice President
Ms. Jeong Won Han (41)
Managing Director
Mr. Jeong Guk Hwang (51)
Managing Director
Mr. Gyeong Kim (52)
Managing Director
Board of Directors
Mr. Sun Gu Han (53)
Non-Executive Independent Director
Mr. Dong Seok Kim (67)
Non-Executive Independent Director
Ms. Myeong Ae Kim (54)
Non-Executive Independent Director
Mr. Hyeon Mo Sung (64)
Non-Executive Independent Director
Meritz Fire & Marine Insurance Co Supply Chain
Frequently asked questions about Meritz Fire & Marine Insurance Co
The business model of Meritz Fire & Marine Insurance Co Ltd focuses on providing insurance solutions for both individuals and businesses. The company offers a wide range of insurance products and services, including property and casualty insurance, life insurance, health insurance, and reinsurance. Meritz Fire & Marine Insurance Co Ltd aims to protect its customers from financial losses resulting from various risks and uncertainties. By leveraging its expertise in risk assessment and management, the company strives to deliver comprehensive and tailored insurance solutions to meet the specific needs of its clients. Meritz Fire & Marine Insurance Co Ltd is committed to building long-term relationships and providing reliable and trusted insurance coverage.
Meritz Fire & Marine Insurance Co Ltd is primarily active in the insurance industry.
Some of the main competitors of Meritz Fire & Marine Insurance Co Ltd in the market include Samsung Fire & Marine Insurance Co Ltd, DB Insurance Co Ltd, and Hyundai Marine & Fire Insurance Co Ltd.
Meritz Fire & Marine Insurance Co Ltd is a leading insurance company with a rich history and background. Founded in 1962, the company has been providing comprehensive insurance solutions for over five decades. Meritz Fire & Marine Insurance has built a strong reputation for its outstanding customer service and commitment to excellence. With a diverse portfolio of insurance products, including property, casualty, and marine insurance, the company caters to the specific needs of individuals and businesses. Meritz Fire & Marine Insurance has consistently grown and expanded its presence both domestically and internationally, making it a trusted name in the insurance industry.
Meritz Fire & Marine Insurance Co Ltd has achieved several significant milestones. It has built a strong reputation in the insurance industry with its exceptional customer service and innovative product offerings. The company has experienced steady growth and expansion, becoming one of the leading insurance providers in South Korea. Meritz Fire & Marine Insurance Co Ltd has successfully established strategic partnerships and collaborations, strengthening its market presence. Additionally, the company has received numerous accolades and awards for its outstanding performance and contributions to the industry. Meritz Fire & Marine Insurance Co Ltd continues to achieve remarkable milestones, solidifying its position as a trusted and reliable insurance provider.
Meritz Fire & Marine Insurance Co Ltd is primarily present in South Korea.
Meritz Fire & Marine Insurance Co Ltd represents values of trust, integrity, and customer-centricity. The company believes in providing reliable and comprehensive insurance services to its customers while prioritizing their needs and satisfaction. With a strong focus on professionalism and innovation, Meritz Fire & Marine Insurance Co Ltd aims to constantly adapt and improve its offerings to better serve clients. The company's corporate philosophy revolves around building long-term relationships, fostering a culture of transparency, and being a responsible corporate citizen. Meritz Fire & Marine Insurance Co Ltd's commitment to excellence and maintaining high ethical standards makes it a trusted and reputable player in the insurance industry.
9 analysts currently rate the Meritz Fire & Marine Insurance Co stock: 7 recommend buying, 2 holding and 0 selling.
Meritz Fire & Marine Insurance Co Analyst Price Targets 2026
The Meritz Fire & Marine Insurance Co share (000060.KS) is listed on 1 stock exchanges, including: KOSPI (Seoul) (000060.KS).
Meritz Fire & Marine Insurance Co., Ltd. (Meritz) is a South Korean insurance company specializing in fire, transport, liability, accident, and life insurance. It is a subsidiary of Meritz Financial Group, one of the leading financial companies in South Korea. Meritz's core competencies are in fire and liability insurance. Fire insurance protects businesses and individuals from financial losses due to damage to buildings or other assets caused by fire. Liability insurance protects policyholders from financial damages caused by their own activities, their employees' activities, or products. Transport insurance reduces the risk of damage during the transportation of goods. Accident insurance protects employees or customers from financial ruin if they suffer a serious accident by providing a certain amount of money as compensation. Life insurance offers long-term investments that are secure, reliable, and profitable. Meritz also offers specialized insurance products tailored to the needs of specific customers. These include insurance for business travel, medical insurance, and corruption insurance. Business travel insurance allows companies to protect their employees from potential risks during business trips. Medical insurance provides comprehensive health care coverage, including coverage for surgeries, treatments, and medications. Corruption insurance insures companies against losses resulting from corruption or fraud. Meritz also focuses on innovations and technological breakthroughs to help its customers better meet their needs and expectations. They use technology-based products such as "Smart Insurance" to help customers conveniently purchase insurance online, report claims from anywhere, and manage their insurance policies from any device. In summary, Meritz has a versatile business model that offers a wide range of insurance packages tailored to the needs of its customers. The company's expertise in fire and liability insurance has helped it make a name for itself in the market. With innovative technologies and customer-oriented approaches, the company will continue to be successful in the future.
The revenue cannot currently be calculated for Meritz Fire & Marine Insurance Co.
The profit cannot currently be calculated for Meritz Fire & Marine Insurance Co.
The P/E ratio cannot be calculated for Meritz Fire & Marine Insurance Co at the moment.
The P/S cannot be calculated for Meritz Fire & Marine Insurance Co currently.
The Eulerpool Quality Score for Meritz Fire & Marine Insurance Co is 6/10.
The ISIN of Meritz Fire & Marine Insurance Co is KR7000060004. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The ticker of Meritz Fire & Marine Insurance Co is 000060.KS. The ticker symbol is used to trade Meritz Fire & Marine Insurance Co shares on the stock exchange.
The current dividend yield of Meritz Fire & Marine Insurance Co is - %.
Meritz Fire & Marine Insurance Co is assigned to the 'Finance' sector.
In the year 2021, Meritz Fire & Marine Insurance Co distributed 620 KRW as dividends.
The dividends of Meritz Fire & Marine Insurance Co are distributed in KRW.
Meritz Fire & Marine Insurance Co stock
Meritz Fire & Marine Insurance Co Peer Group
Meritz Fire & Marine Insurance Co Ticker
All fundamentals and in-depth analysis of Meritz Fire & Marine Insurance Co
Our stock analysis for Meritz Fire & Marine Insurance Co stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Meritz Fire & Marine Insurance Co. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.