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STOCK COMPARISON

Cembra Money Bank vs DBS Group Holdings: Fair Value & Quality

Both stocks run through our valuation models. Here is how Cembra Money Bank (CMBN) and DBS Group Holdings (D05) compare, as of Sep 29, 2026.

As of Sep 29, 2026, Fair Value Calculator sees Cembra Money Bank as the less overvalued of the two: Cembra Money Bank trades at CHF 86.25 versus a fair value of CHF 67.29 (−22.0%), while DBS Group Holdings trades at S$78.11 versus S$40.39 (−48.3%).
Cembra Money Bank
CMBN.SW · CHF · Financials
−22.0%
upside to fair value
overvalued
PriceCHF 86.25
Fair ValueCHF 67.29
Quality61/100
DBS Group Holdings
D05.SG · SGD · Financials
−48.3%
upside to fair value
overvalued
PriceS$78.11
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

Cembra Money BankDBS Group Holdings
Valuation
14.1×P/E (TTM)20.0×
n/aForward P/E (FY2027)17.6×
5.52×P/S (TTM)9.78×
1.92×P/B3.22×
15.5×EV/EBITDAn/a
n/aPEG2.63×
−22.0%Fair value upside−48.3%
4.6%Dividend yield3.6%
n/aDividend per shareS$2.85
Profitability
49.3%Operating margin60.7%
0.95×EBIT margin trend (5Y)0.99×
13.7%Return on equity16.2%
2.3%Return on assets1.2%
Growth
-4.4%Revenue growth (YoY)6.8%
5.7%Avg. growth/yr (3Y)11.6%
3.9%Avg. growth/yr (5Y)9.4%
+6.4%Value creation/yr+12.6%
Balance & size
2.4×Interest coverage (EBIT/interest)0.6×
1.45×Debt / equity0.69×
$3BMarket cap$173B
mixedGrowth 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.

Even match: 7 to 7 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.

Cembra Money Bankof which business quality 57 · market factors 50 DBS Group Holdingsof which business quality 61 · market factors 95
ProfitabilityMargins and returns on capital today
39
38
Quality GrowthAre margins and returns improving?
35
54
CashflowEarnings quality: real cash, not paper profit
87
84
Fin. StrengthBalance sheet, leverage, solvency risk
33
56
InvestmentDisciplined investing over empire-building
95
78
Low VolatilityCalm price path (market factor)
97
100
MomentumPrice trend over the last 3–12 months (market factor)
35
89
52W MomentumDistance to the 52-week high (market factor)
21
99
Net IssuanceShare count: buybacks or dilution?
68
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 familyCembra Money BankPrice CHF 86.25DBS Group HoldingsPrice S$78.11
Dividend Discount−26.6%below the priceCHF 63.28−35.4%below the priceS$50.43
Multiples−16.4%below the priceCHF 72.09−46.3%below the priceS$41.94
Asset-Based−64.3%below the priceCHF 30.77−79.2%below the priceS$16.22
Economic Profit−40.2%below the priceCHF 51.55−60.1%below the priceS$31.19
Minimum−64.3%below the priceCHF 30.77−79.2%below the priceS$16.22
Maximum−16.4%below the priceCHF 72.09−35.4%below the priceS$50.43
Median−33.4%below the priceCHF 57.41−53.2%below the priceS$36.57
Geometric mean−39.9%below the priceCHF 51.86−58.8%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%.

Cembra Money Bank: 6 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.

Cembra Money Bank
Price CHF 86.25
Fair Value CHF 67.29
Bear CHF 45.11Bull CHF 84.11
DBS Group Holdings
Price S$78.11
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.

Cembra Money Bank · Financials

Quality score61 · above median
Fair value upside−22.0% · below median

DBS Group Holdings · Financials

Quality score65 · Top 25%
Fair value upside−48.3% · bottom 25%

Bottom line

As of Sep 29, 2026, Fair Value Calculator sees Cembra Money Bank as the less overvalued of the two: Cembra Money Bank trades at CHF 86.25 versus a fair value of CHF 67.29 (−22.0%), while DBS Group Holdings trades at S$78.11 versus S$40.39 (−48.3%).

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

Open Cembra Money 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.