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Graubündner Kantonalbank (GRKP) Fair Value & Analysis

Financial Services · CH · Market cap CHF 1.7B

GK Graubündner Kantonalbank GRKP · SW
PriceCHF 2,360
Fair ValueCHF 3,799
Upside+61.0%
Quality54/100
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Mixed Growth
Highly profitable · 44.2% net margin
High debt · generates free cash flow
2.07% dividend yield
Mixed vs. peers (7/14)
Wide moat 65/100
Evidence: High Range CHF 2,849 – CHF 4,748 Share as image

Fair value as of: Jul 12, 2026

From 6 valuation models · updated 28 days ago

Share price +2.2% over the past month.

A solid business, screening 61% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (CHF 2,849). The market is more pessimistic than our downside scenario.
  • Solid quality (54/100) at a price below fair value, the discount is the argument here, not the business quality.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

CHF 2,400 CHF 1,300 Fair Value CHF 3,799 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

60‑month range CHF 1,300 – CHF 2,400 · fair‑value band CHF 2,849 – CHF 4,748 · the CHF 2,360 price screens below the CHF 3,799 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 12, 2026.

Full chart & analysis →

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Analysis

Graubündner Kantonalbank (GRKP) currently trades at CHF 2,360, while our model-based Fair Value estimate is CHF 3,799, implying the stock looks roughly 61.0% undervalued today. The Quality Score stands at 54/100 (solid quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Graubündner Kantonalbank generated revenue of CHF 489M at a net margin of 44.2%. Revenue declined 10.9% year over year. It earns a return on equity of 7.5%. Net debt stands at CHF 3.4B. Fundamentals as of Jul 12, 2026

Our scenario range runs from CHF 2,849 (bear case) to CHF 4,748 (bull case); at CHF 2,360, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 1% below its 52-week high and 40% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 42% fair-value upside, at 61%, GRKP screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Residual Income CHF 3,104 CHF 3,226 CHF 3,274 76
Gordon GGM CHF 1,246 CHF 2,014 CHF 2,801 70
P/E Multiple CHF 2,849 CHF 3,799 CHF 4,748 63
All 6 models by family
Dividend Discount
Gordon GGM CHF 1,246 CHF 2,014 CHF 2,801 70
DDM Multi-Stage CHF 1,246 CHF 1,762 CHF 2,252 61
Multiples
P/E Multiple CHF 2,849 CHF 3,799 CHF 4,748 63
P/B Multiple CHF 3,726 CHF 4,968 CHF 6,210 55
Asset-Based
NCAV (Graham) CHF 2,007 CHF 2,690 CHF 4,015 50
Economic Profit
Residual Income CHF 3,104 CHF 3,226 CHF 3,274 76

Widest divergence: Multiples (CHF 3,799) versus Dividend Discount (CHF 1,762). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) CHF 489M
Revenue growth (YoY) -10.9%
Net margin 44.2%
Return on equity 7.5%
Free cash flow CHF 104M FY2025
P/E ratio 7.8
More key figures
Operating margin 45.8%
EPS (TTM) CHF 292.20
Dividend yield 2.1%
EPS growth (YoY) +19.1%
Net debt CHF 3.4B FY2025

Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 54/100

Of which business quality 60 · Market factors (momentum, volatility) 79

Profitability 32
Margins and returns on capital today
Quality Growth 40
Are margins and returns improving?
Cashflow 55
Earnings quality: real cash, not paper profit
Fin. Strength 75
Balance sheet, leverage, solvency risk
Investment 87
Disciplined investing over empire-building
Low Volatility 95
Calm price path (market factor)
Momentum 64
Price trend over the last 3–12 months (market factor)
52W Momentum 85
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Graubündner Kantonalbank provides various banking and products services to private individuals and companies primarily in Switzerland.

Full company description

Graubündner Kantonalbank provides various banking and products services to private individuals and companies primarily in Switzerland. It offers accounts and cards, payment transactions, investing and saving, planning and protection, mortgages and housing, youth and finance, private banking, interest rates and terms; stock exchange and markets; assets and investments; SME consulting, finance advice, digital business consulting; and e-banking and mobile banking services. Graubündner Kantonalbank was founded in 1870 and is headquartered in Chur, Switzerland.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Graubündner Kantonalbank reported revenue of CHF 661M in FY2025 versus CHF 434M in FY2021, a compound +11.1%/yr. Reported net income was CHF 216M in FY2025, compounding +4.1%/yr from FY2021.

Growth Quality 80/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
CHF 661M
Latest YoY
+25.1%
Avg. growth/yr (3Y)
+11.4%
Avg. growth/yr (5Y)
+11.3%
Avg. growth/yr (20Y)
+3.0%
Revenue +11.1%/yr
FY21 CHF 434M
FY22 CHF 478M
FY23 CHF 526M
FY24 CHF 528M
FY25 CHF 661M
Net income +4.1%/yr
FY21 CHF 184M
FY22 CHF 198M
FY23 CHF 218M
FY24 CHF 217M
FY25 CHF 216M

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Cite: Fair Value Calculator (2026). "Graubündner Kantonalbank Fair Value". https://www.fairvalue-calculator.com/stock/GRKP

Peer Group

Banks - Regional · 1083 stocks

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.

Quality Score 64 · Top 25%
Fair Value upside +61% · Top 25%
Return on equity (TTM) 7% · Below median
Return on assets 1% · Below median
Net margin (TTM) 44% · Top 25%
Operating margin (TTM) 46% · Above median
Revenue growth -11% · Bottom 25%
Dividend yield (TTM) 2.1% · Below median
Debt / equity 2.26× · Higher than 75% of peers

Valuation Multiples vs Banks - Regional median · lower = cheaper

P/E (TTM) 7.8× · Cheaper than 75% of peers
P/B 0.71× · Cheaper than 75% of peers
P/S (TTM) 4.29× · Pricier than median
P/FCF 20.1× · Pricier than 75% of peers
EV/EBITDA 2.4× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 39
FUTURE 0 · sector 44
PAST 30 · sector 41
HEALTH 0 · sector 85
DIVIDEND 41 · sector 49

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Banks - Regional stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
PT Bank Central Asia Tbk BBCA 6,175 IDR 6,087 IDR -1%
KB Financial Group 105560 184,400 KRW 213,797 KRW +16%
PT Bank Rakyat Indonesia (Persero) Tbk BBRI 2,970 IDR 4,891 IDR +65%
PT Bank Mandiri (Persero) Tbk BMRI 4,310 IDR 7,841 IDR +82%
Banco Bradesco S.A BBD 5,120 ARS 10,240 ARS +100%
Shinhan Financial Group 055550 107,900 KRW 137,259 KRW +27%
Hana Financial Group 086790 136,800 KRW 193,969 KRW +42%
Lloyds Banking Group LYG 4,138 ARS 8,275 ARS +100%
Banco de Chile, CHILE 193.10 CLP 152.55 CLP -21%
Joint Stock Commercial Bank for Foreign Trade of Vietnam, VCB 59,400 VND 84,201 VND +42%

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Frequently asked questions

Is Graubündner Kantonalbank (GRKP) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of CHF 3,799 versus a price of CHF 2,360, about +61% (undervalued).
What is the fair value of GRKP?
Our model-based fair value for Graubündner Kantonalbank is CHF 3,799 (as of Jul 12, 2026), built from audited fundamentals. The current price is CHF 2,360.
What is the quality score of GRKP?
Graubündner Kantonalbank has a Quality Score of 54/100. 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 revenue of Graubündner Kantonalbank (GRKP)?
Graubündner Kantonalbank reported trailing-twelve-month revenue of about CHF 489M (latest available figure, as of Jul 12, 2026).
What is the net profit margin of GRKP?
The net profit margin of Graubündner Kantonalbank is about 44.2%, meaning it keeps roughly 44.2% of revenue as net income. Based on the latest reported figures.
Does Graubündner Kantonalbank pay a dividend?
Graubündner Kantonalbank currently shows a dividend yield of about 2.21% relative to its recent price (as of Jul 12, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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