Hong Leong Bank Bhd (5819) fair value: what the stock is really worth
As of Nov 5, 2026: fair value (intrinsic value) of Hong Leong Bank Bhd stock MYR 20.51, price MYR 22.20, that is 7.6% below the price, quality 44 out of 100. Rating: fairly valued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
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Hong Leong Bank Bhd
5819 · KLSEThe stock costs about what our calculation considers fair.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 3, 2026.
How to read this chart
60‑month range 15.20 MYR – 25.47 MYR · fair‑value band 18.30 MYR – 27.84 MYR · the 22.20 MYR price screens above the 20.51 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 3, 2026.
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Company profile
Hong Leong Bank Berhad operates as a financial services company in Malaysia and internationally. The company operates through Personal Financial Services, Business & Corporate Banking, Global Markets, Overseas/International Operations, and Other Operations segments.
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Its deposit products include current, savings, fixed deposit, salary, multi-currency, top yield, foreign currency, safe deposit boxes, and business flexi fixed and fixed deposit accounts.
The company also offers personal, property, auto, industrial hire purchase, business mortgage, term, working capital, and onshore foreign currency loans; credit cards; share margin, loan, share, and mortgage financing services; letters of credit; and overdrafts and revolving credit facilities, as well as refinancing.
In addition, it provides structured investments, unit trust, bonds, and foreign share trading services; and collection, shipping and bank guarantee, bankers' acceptance, trust receipt, invoice financing, export credit refinancing, foreign/domestic bills of exchange purchased, advance against trade, ebroking, remittance, and wealth and cash management services.
Further, the company offers motor, travel, home, life, personal accident, medical, card, investment linked, and safe deposit locker insurance products; payments, merchants, and online banking services; and agent and nominee, and ATM services, as well as invests in and manages properties.
Additionally, it offers Islamic banking services. The company was formerly known as MUI Bank Berhad and changed its name to Hong Leong Bank Berhad in January 1991. The company was incorporated in 1905 and is headquartered in Kuala Lumpur, Malaysia.
Hong Leong Bank Berhad is a subsidiary of Hong Leong Financial Group Berhad.
Stock analysis
Hong Leong Bank Bhd (5819) currently trades at 22.20 MYR, while our model-based Fair Value estimate is 20.51 MYR, so the stock looks roughly fairly valued today (gap 8.2%).
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Valuation
Bull case: the Multiples group reads highest at a median of 27.06 MYR per share, and 2 of the 6 models we run sit above the 22.20 MYR price.
Bear case: the Asset-Based group reads lowest at 12.95 MYR, and 4 of the 6 models stay below the price. Data coverage for this calculation is high.
Scenario range: 18.30 MYR (bear) to 27.84 MYR (bull), the price of 22.20 MYR sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 44/100 (below-average quality), in the Financial Services sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Hong Leong Bank Bhd reported revenue of 11.4B MYR in FY2026 versus 7.5B MYR in FY2022, a compound +11.1%/yr. Reported net income was 4.5B MYR in FY2026, compounding +8.3%/yr from FY2022.
Key figures
Market cap 45.8B MYR (≈ $11.3B) Large · P/E ratio 10.1 · P/S ratio 6.92 · EPS (TTM) 2.20 MYR · Dividend yield 5.0% · Net margin 68.5% · Return on equity 11.2% · Return on assets (EBIT) 1.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 67 out of 100 (low confidence).
What moves the price
The share trades about 13% below its 52-week high and 8% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −35% fair-value upside, at −8%, 5819 screens cheaper than that median.
Fair Value models
All 6 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
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Compare Hong Leong Bank Bhd with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Regional · 1002 stocks
Valuation Multiplesvs Banks - Regional median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Fair value gap by industry
- Return on assets by industry
- PEG screener for stocks with fair value
- Valuation of the Malaysia market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Banks - Regional stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Postal Savings Bank of China Co 601658 | ¥5.52 | ¥7.59 | +38% | vs 5819 |
| China Merchants Bank Co 600036 | ¥42.54 | ¥52.73 | +24% | vs 5819 |
| BNP Paribas SA BNP | €91.94 | €106.01 | +15% | vs 5819 |
| Intesa Sanpaolo S.p.A ISP | €6.27 | €4.59 | −27% | vs 5819 |
| UniCredit S.p.A UCG | €77.18 | €50.44 | −35% | vs 5819 |
| Oversea-Chinese Banking Corporation O39 | 27.93 SGD | 18.20 SGD | −35% | vs 5819 |
| Mizuho Financial Group MFG | $9.39 | $5.90 | −37% | vs 5819 |
| DBS Group D05 | 71.20 SGD | 40.39 SGD | −43% | vs 5819 |
| HDFC Bank Limited HDFCBANK | ₹760.00 | ₹406.39 | −47% | vs 5819 |
| ICICI Bank Limited ICICIBANK | ₹1,500 | ₹615.63 | −59% | vs 5819 |
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Key figures of Hong Leong Bank Bhd
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