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Hong Leong Financial Group Bhd (1082) fair value: what the stock is really worth

As of Sep 23, 2026: fair value of Hong Leong Financial Group Bhd MYR 27.57, price MYR 18.92, upside +45.7%, quality 44 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? Yes
  2. Good quality? No
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Financial Services · MY · ISIN MYL1082OO006

HL Some data Sep 24, 2026

Hong Leong Financial Group Bhd

1082 · KLSE

SpeculativeUpside exists, but weak quality makes the signal speculative.

Fair value 27.57 MYR · Undervalued (+46%)
!Quality 44/100
!Expensive Growth (revenue 5y +6.6 %/yr)
Highly profitable · 46.4% net margin (TTM)
!Low debt · negative free cash flow
·3.91% dividend yield
Ranks above peers (11/13)
Wide moat 67/100
!Insider activity 40/100
!Evidence only medium, so the estimate is less certain

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

22.60 MYR 14.35 MYR Fair Value 27.57 MYR May 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.

How to read this chart

60‑month range 14.35 MYR – 22.60 MYR · fair‑value band 24.77 MYR – 44.11 MYR · the 18.92 MYR price screens below the 27.57 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.

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Company profile

Hong Leong Financial Group Berhad, an investment holding company, provides investment banking, stockbroking, and fund management business of financial services to consumer, corporate, and institutional customers. The company operates through Commercial Banking, Investment Banking and Asset Management, Insurance, and Other Operations segments.

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Hong Leong Financial Group Berhad, an investment holding company, provides investment banking, stockbroking, and fund management business of financial services to consumer, corporate, and institutional customers. The company operates through Commercial Banking, Investment Banking and Asset Management, Insurance, and Other Operations segments. It also offers commercial and Islamic banking, including personal financial services, business & corporate banking, regional wealth management, global markets, and Islamic financial services. In addition, the company engages in investment banking, stockbroking, and asset management activities, as well as being involved in life and general insurance, and takaful services; and management services. Further, it offers treasury, equities, derivatives, and foreign exchange; investment banking, futures and stockbroking, and fund and unit trust management, and private banking services. Hong Leong Financial Group Berhad has operations in Malaysia, Cambodia, Vietnam, Singapore, Hong Kong, and China. The company was formerly known as Hong Leong Credit Berhad and changed its name to Hong Leong Financial Group Berhad in July 2006. Hong Leong Financial Group Berhad was incorporated in 1968 and is headquartered in Kuala Lumpur, Malaysia. Hong Leong Financial Group Berhad is a subsidiary of Hong Leong Company (Malaysia) Berhad (Hlcm).

Stock analysis

Hong Leong Financial Group Bhd (1082) currently trades at 18.92 MYR, while our model-based Fair Value estimate is 27.57 MYR, implying the stock looks roughly 31.4% undervalued today.

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Valuation

Bull case: the Multiples group reads highest at a median of 37.30 MYR per share, and 4 of the 6 models we run sit above the 18.92 MYR price.

Bear case: the Dividend Discount group reads lowest at 7.77 MYR, and 2 of the 6 models stay below the price. Evidence for this calculation is medium.

Scenario range: 24.77 MYR (bear) to 44.11 MYR (bull), the price of 18.92 MYR sits below 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 Financial Group Bhd reported revenue of 12.1B MYR in FY2025 versus 8.4B MYR in FY2021, a compound +9.6%/yr. Reported net income was 3.3B MYR in FY2025, compounding +9.5%/yr from FY2021.

Key figures

Market cap 21.5B MYR (≈ $5.3B) · P/E ratio 6.4 · P/S ratio 1.72 · EPS (TTM) 2.95 MYR · Dividend yield 3.9% · Net margin 26.9% · Return on equity 10.5% · Return on assets (EBIT) 1.7%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 47 out of 100 (low confidence).

What moves the price

The share trades about 16% below its 52-week high and 17% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Financial Services peers we cover trades at −38% fair-value upside, at 46%, 1082 screens cheaper than that median.

Fair Value models

Bear 24.77 MYR Fair Value 27.57 MYR Bull 44.11 MYR
Model Each model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 12 months old). Earnings retained since then (2.21 MYR per share) are deliberately not added. Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence Evidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
Residual Income 24.56 MYR 27.23 MYR 41.78 MYR 75
Gordon GGM 4.94 MYR 9.84 MYR 14.89 MYR 67
DDM Multi-Stage 4.94 MYR 7.77 MYR 10.38 MYR 66
All 6 models by family
Dividend Discount
Gordon GGM 4.94 MYR 9.84 MYR 14.89 MYR 67
DDM Multi-Stage 4.94 MYR 7.77 MYR 10.38 MYR 66
Multiples
P/E Multiple 27.98 MYR 37.30 MYR 46.63 MYR 63
P/B Multiple 29.76 MYR 39.68 MYR 49.60 MYR 55
Asset-Based
NCAV (Graham) 14.17 MYR 18.99 MYR 28.34 MYR 54
Economic Profit
Residual Income 24.56 MYR 27.23 MYR 41.78 MYR 75

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Quality Score breakdown

Overall quality 44/100

Of which business quality 37 · Market factors (momentum, volatility) 62

Profitability 35
Margins and returns on capital today
Quality Growth 51
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 18
Balance sheet, leverage, solvency risk
Investment 71
Disciplined investing over empire-building
Low Volatility 97
Calm price path (market factor)
Momentum 46
Price trend over the last 3–12 months (market factor)
52W Momentum 47
Distance to the 52-week high (market factor)
Net Issuance 82
Share count: buybacks or dilution?

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Revenue & earnings trend

Growth Quality Growth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 46/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+3.8%
Revenue growth 3 years Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+13.5%
Revenue growth 5 years Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+6.6%
Start year 2020 (pandemic). Over 10 years: +4.2% a year
Revenue growth 20 years Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+10.5%
What shareholders gained per year (last 5 years), in MYR What the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in MYR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+15.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year+11.3%
Dividend (yield on the price)3.9%
Pace: 5 vs 10 years Two data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.11% vs 7%, picking up
Profit margin 2020 to 2025 Operating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.38% → 50%
Start year 2020 (pandemic)

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Peer GroupHow 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 · 1074 stocks

Beats the industry median on 11/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score 44 · Bottom 25%
Fair Value upside +46% · Top 25%
Profitability
Return on equity (TTM) 10% · Above median
Return on assets 1% · Top 25%
Net margin (TTM) 46% · Top 25%
Operating margin (TTM) 61% · Top 25%
Growth and dividend
Revenue growth −2% · Bottom 25%
Dividend yield (TTM) 3.9% · Above median
Balance sheet
Debt / equity 0.23× · Below median

Valuation Multiplesvs Banks - Regional median · lower = cheaper

P/E (TTM) 6.4× · Cheapest 25%
P/B 0.16× · Cheapest 25%
P/S (TTM) 0.73× · Cheapest 25%
PEG 1.32× · Cheaper than median

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)94 · sector 12
FUTURE (revenue growth)0 · sector 45
PAST (return on equity)42 · sector 41
HEALTH (low debt)89 · sector 85
DIVIDEND (yield)78 · sector 53

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Banks - Regional stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
DBS Group D05 77.80 SGD 40.48 SGD −48%
China Merchants Bank Co 3968 HK$51.65 HK$64.29 +24%
Intesa Sanpaolo S.p.A ISP €6.73 €4.04 −40%
HDFC Bank Limited HDFCBANK ₹738.60 ₹418.52 −43%
BNP Paribas SA BNP €101.30 €105.99 +5%
UniCredit S.p.A UCG €83.28 €77.62 −7%
Mizuho Financial Group MFG $10.87 $6.75 −38%
ICICI Bank Limited ICICIBANK ₹1,340 ₹636.31 −53%
The PNC Financial Services Group PNC $227.96 $159.52 −30%
Oversea-Chinese Banking Corporation O39 32.14 SGD 19.80 SGD −38%

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Cite: Fair Value Calculator (2026). "Hong Leong Financial Group Bhd Fair Value". https://www.fairvalue-calculator.com/stock/1082

Frequently asked questions

Is Hong Leong Financial Group Bhd (1082) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 27.57 MYR versus a price of 18.92 MYR, about +46% upside (undervalued).
What is the fair value of 1082?
Our model-based fair value for Hong Leong Financial Group Bhd is 27.57 MYR (as of Sep 24, 2026), built from audited fundamentals. The current price: 18.92 MYR.
What is the quality score of 1082?
Hong Leong Financial Group Bhd has a Quality Score of 44/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Hong Leong Financial Group Bhd (1082)?
Our model-based price target is the fair value of 27.57 MYR (as of Sep 24, 2026) from 6 valuation models. Cautious scenario 24.77 MYR, optimistic scenario 44.11 MYR. It is a calculation from audited fundamentals, not an analyst target.
What is the Hong Leong Financial Group Bhd stock forecast for 2026?
Our models put fair value at 27.57 MYR, about +46% upside versus a price of 18.92 MYR (undervalued). Cautious scenario 24.77 MYR, optimistic scenario 44.11 MYR. The calculation is refreshed regularly with new filings.
What is the revenue of Hong Leong Financial Group Bhd (1082)?
Hong Leong Financial Group Bhd reported trailing-twelve-month revenue of about 7.2B MYR (latest available figure, as of Sep 24, 2026).
Does Hong Leong Financial Group Bhd pay a dividend?
Hong Leong Financial Group Bhd currently shows a dividend yield of about 3.91% relative to its recent price (as of Sep 24, 2026).
What is the intrinsic value of Hong Leong Financial Group Bhd (1082)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Hong Leong Financial Group Bhd it is 27.57 MYR per share (as of Sep 24, 2026), against a price of 18.92 MYR. It is the blended result of 6 valuation models (cash flow, earnings, asset, dividend).
Is Hong Leong Financial Group Bhd stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 1082 trades below its calculated fair value: price 18.92 MYR, fair value 27.57 MYR, a gap of about +46% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 1082?
No. The price is what the market pays today (18.92 MYR); the fair value is what the company's own numbers justify (27.57 MYR). For Hong Leong Financial Group Bhd the two are 8.65 MYR per share apart. That gap is exactly why we show both numbers side by side.
How much is Hong Leong Financial Group Bhd worth?
The market values Hong Leong Financial Group Bhd at about 21.5B MYR (market capitalisation, as of Sep 24, 2026). Per share that is 18.92 MYR; our models calculate a fair value of 27.57 MYR per share.
What do the bullish and bearish scenarios say about 1082?
Our models span a range for Hong Leong Financial Group Bhd: cautious scenario 24.77 MYR, base 27.57 MYR, optimistic 44.11 MYR per share (as of Sep 24, 2026, price 18.92 MYR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 1082?
Hong Leong Financial Group Bhd trades at a price-to-earnings ratio of 6.4 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 27.57 MYR is built from several models across several years. Other multiples: PEG 1.3, P/B 0.2, P/S 0.7.
What is the PEG ratio of 1082?
The PEG ratio of Hong Leong Financial Group Bhd is 1.32 (P/E divided by earnings growth, as of Sep 24, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Hong Leong Financial Group Bhd (1082)?
Balance-sheet figures for Hong Leong Financial Group Bhd (as of Sep 24, 2026): return on equity 10.5%, debt of 0.23 per unit of equity. They feed the Quality Score of 44/100, which measures business quality independently of the share price.
How far is 1082 from its 52-week high?
Hong Leong Financial Group Bhd trades at 18.92 MYR, about 16% below its 52-week high of 22.60 MYR and 17% above the low of 16.15 MYR (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of 27.57 MYR is for.
Which stocks are comparable to Hong Leong Financial Group Bhd?
From the same area (Financial Services) we also value DBS Group, China Merchants Bank Co, Intesa Sanpaolo S.p.A, HDFC Bank Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Hong Leong Financial Group Bhd stock attractive at the current price?
The data as of Sep 24, 2026: price 18.92 MYR, calculated fair value 27.57 MYR (+46%), Quality Score 44/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 1082 calculated?
We run Hong Leong Financial Group Bhd through 6 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 27.57 MYR, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.1 % above its aggregate fair value. Hong Leong Financial Group Bhd currently trades 46 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Hong Leong Financial Group Bhd (1082)?
The closing price on Sep 23, 2026 was 18.92 MYR. Our model-based fair value is 27.57 MYR, about +46% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Hong Leong Financial Group Bhd right now?
The large discount to fair value meets weak quality (44/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case (24.77 MYR). The market is more pessimistic than our downside scenario. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Where does the earnings growth of Hong Leong Financial Group Bhd (1082) come from?
Earnings per share at Hong Leong Financial Group Bhd grew +7.4 % a year from 2014 to 2025. Broken into its drivers: revenue per share +3.4 %, EBIT margin +3.9 %, tax rate −0.1 %, residual (interest, one-offs) +0.1 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.

Key figures of Hong Leong Financial Group Bhd

How large is the market capitalisation of Hong Leong Financial Group Bhd (1082)?
The market capitalisation of Hong Leong Financial Group Bhd is 21.5B MYR (≈ $5.3B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Hong Leong Financial Group Bhd (1082)?
The price-to-sales ratio of Hong Leong Financial Group Bhd is 1.72 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Hong Leong Financial Group Bhd (1082)?
Earnings per share at Hong Leong Financial Group Bhd are 2.95 MYR (price ÷ EPS = P/E 6.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Hong Leong Financial Group Bhd (1082)?
The dividend yield of Hong Leong Financial Group Bhd is 3.9% (payout 25.1%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Hong Leong Financial Group Bhd (1082)?
The net margin of Hong Leong Financial Group Bhd is 26.9% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Hong Leong Financial Group Bhd (1082)?
The return on equity (ROE) of Hong Leong Financial Group Bhd is 10.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Hong Leong Financial Group Bhd (1082)?
On an EBIT basis the return on assets of Hong Leong Financial Group Bhd is 1.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Hong Leong Financial Group Bhd (1082)?
The operating margin of Hong Leong Financial Group Bhd is 60.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Hong Leong Financial Group Bhd (1082)?
Revenue at Hong Leong Financial Group Bhd is growing −2.2% versus a year earlier (3y avg +13.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Hong Leong Financial Group Bhd (1082)?
Earnings per share at Hong Leong Financial Group Bhd are growing +4.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Hong Leong Financial Group Bhd (1082) generate?
The free cash flow of Hong Leong Financial Group Bhd is −2.1B MYR (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Hong Leong Financial Group Bhd (1082) hold?
Hong Leong Financial Group Bhd holds more cash than debt, 14.4B MYR net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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