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STOCK COMPARISON

Alinma Bank vs DBS Group Holdings: Fair Value & Quality

Both stocks run through our valuation models. Here is how Alinma Bank (1150) and DBS Group Holdings (D05) compare, as of Sep 30, 2026.

As of Sep 30, 2026, Fair Value Calculator sees Alinma Bank as the less overvalued of the two: Alinma Bank trades at SAR 24.32 versus a fair value of SAR 20.65 (−15.1%), while DBS Group Holdings trades at S$77.50 versus S$40.39 (−47.9%).
Alinma Bank
1150.SR · SAR · Financials
−15.1%
upside to fair value
overvalued
PriceSAR 24.32
Fair ValueSAR 20.65
Quality31/100
DBS Group Holdings
D05.SG · SGD · Financials
−47.9%
upside to fair value
overvalued
PriceS$77.50
Fair ValueS$40.39
Quality65/100
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Head-to-head numbers

Green is the better side of a row, red the weaker one (for valuation multiples: lower = cheaper). Grey rows are for reference only and are not scored.

betterweakerfor reference, not scored

Alinma BankDBS Group Holdings
Valuation
12.2×P/E (TTM)20.0×
11.1×Forward P/E (FY2027)17.5×
7.89×P/S (TTM)9.81×
1.83×P/B3.23×
9.6×EV/EBITDAn/a
n/aPEG2.63×
−15.1%Fair value upside−47.9%
4.1%Dividend yield3.6%
n/aDividend per shareS$2.85
Profitability
65.2%Operating margin60.7%
1.55×EBIT margin trend (5Y)0.99×
13.9%Return on equity16.2%
2.1%Return on assets1.2%
Growth
2.4%Revenue growth (YoY)6.8%
14.1%Avg. growth/yr (3Y)11.6%
15.8%Avg. growth/yr (5Y)9.4%
+19.2%Value creation/yr+12.6%
Balance & size
0.9×Interest coverage (EBIT/interest)0.6×
n/aDebt / equity0.69×
$23BMarket cap$174B
expensiveGrowth qualityhealthy
Forward P/E: price divided by the analyst consensus for the first fiscal year that has not started yet. The current year carries special items from quarters already reported.

Alinma Bank leads: 12 to 1 metric wins.

n/a = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Alinma Bankof which business quality 27 · market factors 51 DBS Group Holdingsof which business quality 61 · market factors 93
ProfitabilityMargins and returns on capital today
38
38
Quality GrowthAre margins and returns improving?
51
54
CashflowEarnings quality: real cash, not paper profit
0
84
Fin. StrengthBalance sheet, leverage, solvency risk
17
56
InvestmentDisciplined investing over empire-building
31
78
Low VolatilityCalm price path (market factor)
97
100
MomentumPrice trend over the last 3–12 months (market factor)
29
86
52W MomentumDistance to the 52-week high (market factor)
37
97
Net IssuanceShare count: buybacks or dilution?
40
65

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyAlinma BankPrice SAR 24.32DBS Group HoldingsPrice S$77.50
Dividend Discount−28.0%below the priceSAR 17.51−34.9%below the priceS$50.43
Multiples+3.3%close to the priceSAR 25.12−45.9%below the priceS$41.94
Asset-Based−55.7%below the priceSAR 10.77−79.1%below the priceS$16.22
Economic Profit−22.7%below the priceSAR 18.81−59.8%below the priceS$31.19
Minimum−55.7%below the priceSAR 10.77−79.1%below the priceS$16.22
Maximum+3.3%close to the priceSAR 25.12−34.9%below the priceS$50.43
Median−25.3%below the priceSAR 18.16−52.8%below the priceS$36.57
Geometric mean−29.0%below the priceSAR 17.28−58.5%below the priceS$32.16

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Alinma Bank: 5 of 6 models see the stock below the current price.

DBS Group Holdings: 6 of 6 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

Alinma Bank
Price SAR 24.32
Fair Value SAR 20.65
Bear SAR 15.62Bull SAR 31.14
DBS Group Holdings
Price S$77.50
Fair Value S$40.39
Bear S$29.31Bull S$50.48

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Alinma Bank · Financials

Quality score31 · bottom 25%
Fair value upside−15.1% · below median

DBS Group Holdings · Financials

Quality score65 · Top 25%
Fair value upside−47.9% · bottom 25%

Bottom line

As of Sep 30, 2026, Fair Value Calculator sees Alinma Bank as the less overvalued of the two: Alinma Bank trades at SAR 24.32 versus a fair value of SAR 20.65 (−15.1%), while DBS Group Holdings trades at S$77.50 versus S$40.39 (−47.9%).

DBS Group Holdings has the higher quality score (65/100).

Open Alinma Bank live analysis →

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.