AFFIN Holdings Bhd (5185) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of AFFIN Holdings Bhd MYR 2.95, price MYR 2.04, upside +44.6%, quality 28 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? No
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AFFIN Holdings Bhd
5185 · KLSESpeculativeUpside exists, but weak quality makes the signal speculative.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
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 1.29 MYR – 3.14 MYR · fair‑value band 2.22 MYR – 3.69 MYR · the 2.04 MYR price screens below the 2.95 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
AFFIN Bank Berhad, a financial holding company, provides various banking services in Malaysia. It operates through Commercial Banking, Investment Banking, Insurance, and Others segments.
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AFFIN Bank Berhad, a financial holding company, provides various banking services in Malaysia. It operates through Commercial Banking, Investment Banking, Insurance, and Others segments. The Commercial Banking segment offers savings and fixed deposits, remittance services, current accounts, vehicle loans/financing, hire purchase, housing loans/financing, overdrafts/cashlines and personal loans/financing, treasury, credit cards, unit trusts, and bancassurance/bancatakaful products; financial products and services for corporates, public sector, and small and medium enterprises, including long-term loans/financing, project and equipment financing, overdrafts and trade financing, and other fee-based services, as well as Islamic banking services. The Investment Banking segment offers advisory services and structuring of private debt securities; corporate finance and advisory services for corporate listings; mergers and acquisitions services; capital raising services through the issue of equity and debt instruments; and corporate and debt restructuring exercises. This segment also provides structured lending solutions for corporate finance and capital market activities, as well as access to various funds and capital market investment products to corporate, institutional, and individual investors; stock-broking services, including institutional and retail stock-broking services for securities listed on local and foreign stock exchanges; and investment management and research services. The Insurance segment underwrites various classes of general and life insurance. The Others segment offers money-broking and other related financial services. It also provides property management, share nominee, trustee, and information technology services. The company was incorporated in 1975 and is headquartered in Kuala Lumpur, Malaysia.
Stock analysis
AFFIN Holdings Bhd (5185) currently trades at 2.04 MYR, while our model-based Fair Value estimate is 2.95 MYR, implying the stock looks roughly 30.8% undervalued today.
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Valuation
Bull case: the Economic Profit group reads highest at a median of 3.21 MYR per share, and 4 of the 4 models we run sit above the 2.04 MYR price.
Bear case: the Multiples group reads lowest at 2.67 MYR, and 0 of the 4 models stay below the price. Evidence for this calculation is low.
Scenario range: 2.22 MYR (bear) to 3.69 MYR (bull), the price of 2.04 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 28/100 (below-average quality), in the Financial Services sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
AFFIN Holdings Bhd reported revenue of 4.5B MYR in FY2025 versus 2.6B MYR in FY2021, a compound +15.2%/yr. Reported net income was 540M MYR in FY2025, compounding +0.6%/yr from FY2021.
Key figures
Market cap 5.9B MYR (≈ $1.4B) · P/E ratio 9.7 · P/S ratio 1.16 · EPS (TTM) 0.2100 MYR · Dividend yield 4.2% · Net margin 11.9% · Return on equity 4.6% · Return on assets (EBIT) 0.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 32 out of 100 (low confidence).
What moves the price
The share trades about 24% below its 52-week high and 1% 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 45%, 5185 screens cheaper than that median.
Fair Value models
All 4 models by family
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Set up alert →Quality Score breakdown
Of which business quality 25 · Market factors (momentum, volatility) 44
Revenue & earnings trend
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Compare AFFIN Holdings Bhd with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow 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
Valuation Multiplesvs Banks - Regional median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Valuation of the Malaysia market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
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 | 77.69 SGD | 40.48 SGD | −48% |
| China Merchants Bank Co 3968 | HK$51.25 | HK$62.30 | +22% |
| Intesa Sanpaolo S.p.A ISP | €6.73 | €4.04 | −40% |
| HDFC Bank Limited HDFCBANK | ₹737.25 | ₹406.85 | −45% |
| 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 | ₹616.16 | −54% |
| 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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Key figures of AFFIN Holdings Bhd
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