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STOCK COMPARISON

DBS Group Holdings vs St Galler Kantonalbank: Fair Value & Quality

Both stocks run through our valuation models. Here is how DBS Group Holdings (D05) and St Galler Kantonalbank (SGKN) compare, as of Sep 24, 2026.

As of Sep 24, 2026, Fair Value Calculator sees St Galler Kantonalbank 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 St Galler Kantonalbank trades at CHF 691 versus CHF 464 (-33%).
DBS Group Holdings
D05.SG · SGD · Financials
-48%
upside to fair value
overvalued
PriceS$77.69
Fair ValueS$40.48
Quality65/100
St Galler Kantonalbank
SGKN.SW · CHF · Financials
-33%
upside to fair value
overvalued
PriceCHF 691
Fair ValueCHF 464
Quality51/100
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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

DBS Group HoldingsSt Galler Kantonalbank
Valuation
20.2×P/E (TTM)18.2×
7.73×P/S (TTM)8.50×
2.50×P/B1.61×
n/aEV/EBITDA17.3×
3.44×PEG1.94×
−47.9%Fair value upside−32.8%
3.7%Dividend yield2.9%
S$2.85Dividend per shareCHF 20.00
Profitability
60%Operating margin45%
0.99×EBIT margin trend (5Y)0.77×
16%Return on equity7%
1%Return on assets0%
Growth
3%Revenue growth (YoY)5%
11.6%Avg. growth/yr (3Y)19.4%
9.4%Avg. growth/yr (5Y)12.4%
+12.7%Value creation/yr+8.9%
Balance & size
0.6×Interest coverage (EBIT/interest)1.1×
0.69×Debt / equity3.06×
$172BMarket cap$5B
healthyGrowth qualityexpensive

DBS Group Holdings leads: 8 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 St Galler Kantonalbankof which business quality 47 · market factors 80
ProfitabilityMargins and returns on capital today
38
32
Quality GrowthAre margins and returns improving?
54
41
CashflowEarnings quality: real cash, not paper profit
84
0
Fin. StrengthBalance sheet, leverage, solvency risk
56
69
InvestmentDisciplined investing over empire-building
78
84
Low VolatilityCalm price path (market factor)
100
100
MomentumPrice trend over the last 3–12 months (market factor)
86
61
52W MomentumDistance to the 52-week high (market factor)
98
91
Net IssuanceShare count: buybacks or dilution?
65
82

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$77.69St Galler KantonalbankPrice CHF 691
Dividend Discount-35%below the priceS$50.54-78%below the priceCHF 151
Multiples-46%below the priceS$42.04-18%below the priceCHF 569
Asset-Based-79%below the priceS$16.26-49%below the priceCHF 349
Economic Profit-60%below the priceS$31.26-36%below the priceCHF 441
Minimum-79%below the priceS$16.26-78%below the priceCHF 151
Maximum-35%below the priceS$50.54-18%below the priceCHF 569
Median-53%below the priceS$36.65-43%below the priceCHF 395
Geometric mean-59%below the priceS$32.24-51%below the priceCHF 339

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.

St Galler Kantonalbank: 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.

DBS Group Holdings
Price S$77.69
Fair Value S$40.48
Bear S$29.38Bull S$50.60
St Galler Kantonalbank
Price CHF 691
Fair Value CHF 464
Bear CHF 427Bull CHF 521

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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.

DBS Group Holdings · Financials

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

St Galler Kantonalbank · Financials

Quality score51 · below median
Fair value upside-33% · below median

Bottom line

As of Sep 24, 2026, Fair Value Calculator sees St Galler Kantonalbank 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 St Galler Kantonalbank trades at CHF 691 versus CHF 464 (-33%).

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

Open St Galler Kantonalbank 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.