Hyundaimarine&Fireinsuranceco현대해상

Hyundai Marine & Fire's earnings have risen sharply over the past year, while the share price has pulled back about 14% over the last month.

The company, a Korean general insurer, reported trailing twelve-month operating income of about ₩1.43T and net income of about ₩1.17T to H1 2026, with ROE of 20.7%. The share price closed at ₩42,050, well below its 52-week high of ₩54,700 but up 50.2% over one year, and the stock trades at about 3.1 times earnings and 0.5 times book value.

What stands out

• Net income rose from ₩851B in 2024 to ₩1.02T in 2025, and the trailing figure to H1 2026 is ₩1.17T.
• Return on equity improved from 10% in 2023 to 20.6% in 2025, and 20.7% on a trailing basis.
• The data's internal fair value model gives a base estimate of ₩136,299 per share, with a bear case of ₩102,618 and a bull case of ₩180,173; these are model outputs, not forecasts.
• Foreign ownership rose from 38.4% to 40.3% over about 60 days, while institutions and retail were net sellers over the last 20 days.
• Dividend yield is 0%, and the balance sheet shows liabilities at 651% of equity, with borrowings of about ₩2.98T against cash of about ₩1.63T.
• Recent news includes a patent for a monthly safe-driving score discount clause and a press report that a personnel reshuffle plan has stalled over employee opposition.

What to watch

• The data does not include revenue or margin figures, so the top-line trend cannot be assessed from the pack.
• Upcoming filings and results dates are not given; the most recent results were the preliminary earnings and half-year report in August 2026.
• Insider and major-shareholder trading plan filings, and the stalled personnel reshuffle reported in the press, could affect sentiment.