EN DE
STOCK COMPARISON

DBS Group Holdings vs First Farmers Financial: Fair Value & Quality

Both stocks run through our valuation models. Here is how DBS Group Holdings (D05) and First Farmers Financial (FFMR) compare, as of Sep 24, 2026.

As of Sep 24, 2026, Fair Value Calculator sees First Farmers Financial as the less overvalued of the two: DBS Group Holdings trades at S$77.69 versus a fair value of S$40.48 (-48%), while First Farmers Financial trades at $36.50 versus $26.14 (-28%).
DBS Group Holdings
D05.SG · SGD · Financials
-48%
upside to fair value
overvalued
PriceS$77.69
Fair ValueS$40.48
Quality65/100
First Farmers Financial
FFMR · USD · Financials
-28%
upside to fair value
overvalued
Price$36.50
Fair Value$26.14
Quality59/100
Get comparisons like this free by email every month: the most undervalued quality stocks.

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

DBS Group HoldingsFirst Farmers Financial
Valuation
20.2×P/E (TTM)14.9×
7.73×P/S (TTM)5.42×
2.50×P/B2.21×
3.44×PEGn/a
−47.9%Fair value upside−28.4%
3.7%Dividend yield2.7%
S$2.85Dividend per share$1.00
Profitability
60%Operating margin35%
0.99×EBIT margin trend (5Y)0.78×
16%Return on equity17%
1%Return on assets2%
Growth
3%Revenue growth (YoY)12%
11.6%Avg. growth/yr (3Y)8.6%
9.4%Avg. growth/yr (5Y)7.7%
+12.7%Value creation/yr+13.5%
Balance & size
0.6×Interest coverage (EBIT/interest)0.3×
0.69×Debt / equity0.65×
$172BMarket cap$708M
healthyGrowth qualityhealthy

First Farmers Financial leads: 6 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.

DBS Group Holdingsof which business quality 61 · market factors 93 First Farmers Financialof which business quality 54 · market factors 73
ProfitabilityMargins and returns on capital today
38
37
Quality GrowthAre margins and returns improving?
54
51
CashflowEarnings quality: real cash, not paper profit
84
85
Fin. StrengthBalance sheet, leverage, solvency risk
56
12
InvestmentDisciplined investing over empire-building
78
66
Low VolatilityCalm price path (market factor)
100
100
MomentumPrice trend over the last 3–12 months (market factor)
86
55
52W MomentumDistance to the 52-week high (market factor)
98
73
Net IssuanceShare count: buybacks or dilution?
65
86

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 familyDBS Group HoldingsPrice S$77.69First Farmers FinancialPrice $36.50
Dividend Discount-35%below the priceS$50.54n/a
Multiples-46%below the priceS$42.04-28%below the price$26.43
Asset-Based-79%below the priceS$16.26-72%below the price$10.32
Economic Profit-60%below the priceS$31.26-50%below the price$18.35
Minimum-79%below the priceS$16.26-72%below the price$10.32
Maximum-35%below the priceS$50.54-28%below the price$26.43
Median-53%below the priceS$36.65-50%below the price$18.35
Geometric mean-59%below the priceS$32.24-53%below the price$17.11

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%.

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

First Farmers Financial: 4 of 4 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.

DBS Group Holdings
Price S$77.69
Fair Value S$40.48
Bear S$29.38Bull S$50.60
First Farmers Financial
Price $36.50
Fair Value $26.14
Bear $19.61Bull $32.67

Compare two other stocks

Tap a field and type again, ticker or company name.

Free, no sign-up

Ranked within their sector

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

DBS Group Holdings · Financials

Quality score65 · Top 25%
Fair value upside-48% · bottom 25%

First Farmers Financial · Financials

Quality score59 · above median
Fair value upside-28% · below median

Bottom line

As of Sep 24, 2026, Fair Value Calculator sees First Farmers Financial as the less overvalued of the two: DBS Group Holdings trades at S$77.69 versus a fair value of S$40.48 (-48%), while First Farmers Financial trades at $36.50 versus $26.14 (-28%).

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

Open First Farmers Financial live analysis →
DBS Group Holdings · First Farmers Financial

More comparisons

Popular match-ups from the same sectors, all with fair value and quality score.

Related to DBS Group Holdings

Microsoft vs NvidiaApple vs MicrosoftNvidia vs Taiwan Semiconductor ManufacturingApple vs Taiwan Semiconductor Manufacturing

Related to First Farmers Financial

Alphabet Inc Class C vs Meta PlatformsCisco Systems vs NvidiaMicrosoft vs Taiwan Semiconductor ManufacturingApple vs Cisco Systems
Free · Top-25 report

See the undervalued quality stocks every month

Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.

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