Meritz Fire & Marine Insurance Co (000060.KS) Stock Price

Meritz Fire & Marine Insurance Co Price

KOSPI·CLOSED
0
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Market closed

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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Meritz Fire & Marine Insurance Co business model & stock analysis

Meritz Fire & Marine Insurance Co Ltd is an insurance company based in Seoul, South Korea. It was founded in 1952 as Tongyang Fire & Marine Insurance Co. and has been part of the Meritz Financial Group since 2011. The company offers a wide range of insurance products in personal, property, and liability insurance, focusing on individualized solutions for its customers. Its goal is to provide the best possible insurance solutions to protect customers from unforeseen risks and damages, serving both business and individual customers. The company has a long history in the Korean insurance market and offers various insurance products in different sectors such as property insurance (covering fire, burglary, theft, and transportation), personal insurance (covering accidents, illnesses, life, pensions, and liability), and liability insurance (providing protection against third-party claims for personal, property, or financial damages). Meritz Fire & Marine Insurance Co Ltd prioritizes customer-oriented service and tailored solutions for specific customer needs. In conclusion, Meritz Fire & Marine Insurance Co Ltd is a trusted insurance partner in South Korea, offering a wide range of insurance products and services.

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.

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 7/10.

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.

Fair ValueTerminal
148.30 KRW
Over-/UndervaluationTerminal
Fairly valued
Sector
Industry
Insurance
Number of shares
Employees
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Country
South Korea
Currency
KRW
Initial public offering
Jul 2, 1956
ISIN
KR7000060004
Cusip
Y5945N109
Sedol
B0YCFG2
Market capitalization
5.39 T KRWMega Cap
52-Week Range
PEG
—
P/E ratio
P/Ee 2022
—
P/S
P/Se
—
EV/EBIT
—
P/B Ratio
2.26
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
19.74 %
Dividend
Dividend yield
0.00 %
Payout Ratio
10.75 %
Dividend growth Ø5Y
-5.44 %
Dividend payments per year
1
Dividend paid since
0 years
Dividend not reduced since
0 years
Dividend increased since
0 years
Dividend withholding tax
22.00 %
Last updated Nov 6, 2026, 4:42 AM

Meritz Fire & Marine Insurance Co Peer Group

Meritz Fire & Marine Insurance Co Ticker

KOSPI · 000060.KS