CIMB Group Holdings Berhad (CIMDF) fair value: what the stock is really worth
As of Sep 11, 2026: fair value of CIMB Group Holdings Berhad $2.15, price $1.66, upside +29.8%, quality 51 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch CIMB Group Holdings Berhad for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Sep 24, 2026.
How to read this chart
60‑month range $0.4594 – $2.60 · fair‑value band $1.49 – $2.69 · the $1.66 price screens below the $2.15 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Sep 24, 2026.
Follow CIMB Group Holdings Berhad in your weekly email
Every Wednesday you see whether CIMB Group Holdings Berhad is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
CIMB Group Holdings Berhad provides various banking products and services in Malaysia and internationally.
Show more
CIMB Group Holdings Berhad provides various banking products and services in Malaysia and internationally. The Consumer Banking segment offers conventional and Islamic financial products and services, such as residential and non-residential property loans, secured personal loans, motor vehicle financing, credit cards, unsecured personal financing, wealth management, bancassurance, remittance and foreign exchange, deposits, and internet banking services to individual customers. Its Commercial Banking segment provides banking credit facilities, trade financing, cash management, online business banking platform, remittance, and foreign exchange, as well as general deposit products to small and medium-scale enterprises, and mid-sized corporations. The Wholesale Banking segment offers client coverage marketing and delivering solutions; financial advisory services on issuance of equity and equity-linked products, debt restructuring, initial public offerings, secondary offerings, and general corporate advisory; conventional and Islamic funding solutions covering trade, working capital line, capital expenditure, leveraging, merger and acquisition, leveraged, and project financing products; and funding solutions, including cash management, trade finance, foreign exchange, custody and corporate loans, derivatives, structured products, and debt capital. This segment also includes treasury activities and services comprising foreign exchange, money market, derivatives, and capital market trading instruments; transaction banking services, such as trade facilities and cash management solutions; and wealth management solutions, as well as investment, securities financing, and trust services. Its CIMB Digital Assets and Group Funding segment engages in digital businesses and ventures, as well as capital, balance sheet, and fixed income investments and management activities. The company was founded in 1924 and is headquartered in Kuala Lumpur, Malaysia.
Stock analysis
CIMB Group Holdings Berhad (CIMDF) currently trades at $1.66, while our model-based Fair Value estimate is $2.15, implying the stock looks roughly 22.9% undervalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of $2.23 per share, and 4 of the 6 models we run sit above the $1.66 price.
Bear case: the Asset-Based group reads lowest at $1.07, and 2 of the 6 models stay below the price. Evidence for this calculation is high.
Scenario range: $1.49 (bear) to $2.69 (bull), the price of $1.66 sits inside 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 51/100 (solid quality), in the Financial Services sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
CIMB Group Holdings Berhad reported revenue of 37.4B MYR in FY2025 versus 23.5B MYR in FY2021, a compound +12.4%/yr. Reported net income was 7.8B MYR in FY2025, compounding +16.2%/yr from FY2021.
Key figures
Market cap $21.6B · P/E ratio 9.2 · P/S ratio 1.93 · EPS (TTM) $0.1800 · Net margin 21.0% · Return on equity 11.3% · Return on assets (EBIT) 1.2% · Operating margin 49.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The share trades about 36% below its 52-week high and 35% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −36% fair-value upside, at 30%, CIMDF screens cheaper than that median.
Fair Value models
Bear $1.49Fair Value $2.15Bull $2.69
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.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.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.
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.58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
−0.2%
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.
+11.6%
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.
+9.1%
Start year 2020 (pandemic). Over 10 years: +4.5% 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.
+8.2%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years), in MYR (mathematically smoothed) ⓘ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. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. 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.
+62.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year+62.1%
Dividend (yield on the price)0.0%
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.47.2% vs 22.9%, 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.6% → 29%
2025 sits 353% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Start year 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes less growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−0.6%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
−5.9%
Yearly sales growth analysts expect, extended to five years.
After inflation (figures in MYR, Malaysia: IMF forecast 2.0% a year to 2030, 1.8% from 2016 to 2025) that is about −2.5% a year for the price and −7.7% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (34 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Negative
Recent news coverage is more negative than average.
Compare CIMB Group Holdings Berhad with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
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 · 1060 stocks
Beats the industry median on 9/15 measures
Overall it ranks above its industry peers.
Valuation
Quality Score51 · Below median
Fair Value upside+11.4% · Above median
Profitability
Return on equity (TTM)11.3% · Above median
Return on assets1.0% · Above median
Net margin (TTM)36.9% · Above median
Operating margin (TTM)49.4% · Above median
Growth and dividend
Revenue growth−2.6% · Bottom 25%
Dividend yield (TTM)24.2% · Top 25%
Balance sheet
Debt / equity0.39× · Above median
Valuation Multiplesvs Banks - Regional median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "CIMB Group Holdings Berhad Fair Value". https://www.fairvalue-calculator.com/stock/CIMDF
Frequently asked questions
Is CIMB Group Holdings Berhad (CIMDF) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of $2.15 versus the last price from Sep 11, 2026 of $1.66, about +30% upside (undervalued).
What is the fair value of CIMDF?
Our model-based fair value for CIMB Group Holdings Berhad is $2.15 (as of Sep 24, 2026), built from audited fundamentals. Last price (from Sep 11, 2026): $1.66.
What is the quality score of CIMDF?
CIMB Group Holdings Berhad has a Quality Score of 51/100. 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 CIMB Group Holdings Berhad (CIMDF)?
Our model-based price target is the fair value of $2.15 (as of Sep 24, 2026) from 6 valuation models. Cautious scenario $1.49, optimistic scenario $2.69. It is a calculation from audited fundamentals, not an analyst target.
What is the CIMB Group Holdings Berhad stock forecast for 2026?
Our models put fair value at $2.15, about +30% upside versus the last price from Sep 11, 2026 of $1.66 (undervalued). Cautious scenario $1.49, optimistic scenario $2.69. The calculation is refreshed regularly with new filings.
What is the revenue of CIMB Group Holdings Berhad (CIMDF)?
CIMB Group Holdings Berhad reported trailing-twelve-month revenue of about 21.2B MYR (latest available figure, as of Sep 24, 2026).
What growth is priced into CIMB Group Holdings Berhad (CIMDF)?
For today's price to be fair in a discounted-cash-flow model, CIMB Group Holdings Berhad would have to grow free cash flow by -0.6 % per year for five years (discount rate 8.1 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +9.1 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of CIMDF use?
Our models discount CIMB Group Holdings Berhad at 8.1 %: a base by market capitalisation (large), damped by beta 0.17, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For CIMB Group Holdings Berhad that is -0.6 % per year a year over ten years, using the same discount rate (8.1 %) and the same formula as our fair value.
How much growth has CIMB Group Holdings Berhad (CIMDF) delivered so far?
Over the past 5 years revenue at CIMB Group Holdings Berhad grew +9.1 % a year. The price currently implies -0.6 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of CIMB Group Holdings Berhad (CIMDF) growing?
The median revenue growth in the sector is +9.2 % a year. That is the yardstick for the growth priced into CIMB Group Holdings Berhad (-0.6 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of CIMB Group Holdings Berhad (CIMDF)?
The free-cash-flow yield on the price is 8.82 %: that much free cash flow CIMB Group Holdings Berhad produces per unit of market value. When it exceeds the discount rate of our models (8.1 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of CIMB Group Holdings Berhad (CIMDF)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For CIMB Group Holdings Berhad it is $2.15 per share (as of Sep 24, 2026), against a price of $1.66. It is the blended result of 6 valuation models (cash flow, earnings, asset, dividend).
Is CIMB Group Holdings Berhad stock overvalued or undervalued in 2026?
As of Sep 24, 2026, CIMDF trades below its calculated fair value: price $1.66, fair value $2.15, a gap of about +30% (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 CIMDF?
No. The price is what the market pays today ($1.66); the fair value is what the company's own numbers justify ($2.15). For CIMB Group Holdings Berhad the two are $0.4930 per share apart. That gap is exactly why we show both numbers side by side.
How much is CIMB Group Holdings Berhad worth?
The market values CIMB Group Holdings Berhad at about $21.6B (market capitalisation, as of Sep 24, 2026). Per share that is $1.66; our models calculate a fair value of $2.15 per share.
What do the bullish and bearish scenarios say about CIMDF?
Our models span a range for CIMB Group Holdings Berhad: cautious scenario $1.49, base $2.15, optimistic $2.69 per share (as of Sep 24, 2026, price $1.66). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of CIMDF?
CIMB Group Holdings Berhad trades at a price-to-earnings ratio of 9.2 (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 $2.15 is built from several models across several years. Other multiples: PEG 1.4, P/B 1.3, P/S 4.2, EV/EBITDA 7.2.
What is the PEG ratio of CIMDF?
The PEG ratio of CIMB Group Holdings Berhad is 1.40 (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 CIMB Group Holdings Berhad (CIMDF)?
Balance-sheet figures for CIMB Group Holdings Berhad (as of Sep 24, 2026): return on equity 11.3%, debt of 0.39 per unit of equity. They feed the Quality Score of 51/100, which measures business quality independently of the share price.
How far is CIMDF from its 52-week high?
CIMB Group Holdings Berhad trades at $1.66, about 36% below its 52-week high of $2.60 and 35% above the low of $1.23 (as of Sep 11, 2026). Distance from the high says nothing about value: that is what the fair value of $2.15 is for.
Which stocks are comparable to CIMB Group Holdings Berhad?
From the same area (Financial Services) we also value DBS Group, China Merchants Bank Co, UniCredit S.p.A, Mizuho Financial Group, 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 CIMB Group Holdings Berhad stock attractive at the current price?
The data as of Sep 24, 2026: price $1.66, calculated fair value $2.15 (+30%), Quality Score 51/100, 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 CIMDF calculated?
We run CIMB Group Holdings Berhad 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 $2.15, 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 14.5 % above its aggregate fair value. CIMB Group Holdings Berhad currently trades 23 % 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 CIMB Group Holdings Berhad (CIMDF)?
The latest price we hold is from Sep 11, 2026 and stands at $1.66. Our model-based fair value is $2.15, about +30% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with CIMB Group Holdings Berhad right now?
Solid quality (51/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range ($1.49 to $2.69) leaves room in how you read the outcome. 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 CIMB Group Holdings Berhad (CIMDF) come from?
Earnings per share at CIMB Group Holdings Berhad grew +10.7 % a year from 2014 to 2025. Broken into its drivers: revenue per share +5.7 %, EBIT margin +4.6 %, tax rate +0.2 %, residual (interest, one-offs) +0.0 %. 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 CIMB Group Holdings Berhad
How large is the market capitalisation of CIMB Group Holdings Berhad (CIMDF)?
The market capitalisation of CIMB Group Holdings Berhad is $21.6B. 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 CIMB Group Holdings Berhad (CIMDF)?
The price-to-sales ratio of CIMB Group Holdings Berhad is 1.93 (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 CIMB Group Holdings Berhad (CIMDF)?
Earnings per share at CIMB Group Holdings Berhad are $0.1800 (price ÷ EPS = P/E 9.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of CIMB Group Holdings Berhad (CIMDF)?
The net margin of CIMB Group Holdings Berhad is 21.0% (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 CIMB Group Holdings Berhad (CIMDF)?
The return on equity (ROE) of CIMB Group Holdings Berhad is 11.3% (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 CIMB Group Holdings Berhad (CIMDF)?
On an EBIT basis the return on assets of CIMB Group Holdings Berhad is 1.2% (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 CIMB Group Holdings Berhad (CIMDF)?
The operating margin of CIMB Group Holdings Berhad is 49.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at CIMB Group Holdings Berhad (CIMDF)?
Revenue at CIMB Group Holdings Berhad is growing −2.6% versus a year earlier (3y avg +11.6%). 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 CIMB Group Holdings Berhad (CIMDF)?
Earnings per share at CIMB Group Holdings Berhad are growing −3.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does CIMB Group Holdings Berhad (CIMDF) carry?
The net debt of CIMB Group Holdings Berhad is 99.2B MYR (fiscal year 2025, ≈ 62.7 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch CIMB Group Holdings Berhad in the live analysis
One click puts CIMB Group Holdings Berhad on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Broad data
Sep 24, 2026