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Kasikornbank Public Company (KBANK) Fair Value & Analysis

Financial Services · TH · Market cap 552B THB

KP Kasikornbank Public Company KBANK · BK
Price235.00 THB
Fair Value271.95 THB
Upside+15.7%
Quality74/100
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Evidence: High Range 203.96 THB – 339.94 THB

Fair value as of: Jul 13, 2026

From 26 valuation models · updated 3 days ago

Share price +14.1% over the past month.

Price vs Fair Value (12 months)

235.00 THB 152.05 THB Fair Value 271.95 THB Jul 2025 Jul 2026

12‑month range 152.05 THB – 235.00 THB · fair‑value band 203.96 THB – 339.94 THB · the 235.00 THB price screens below the 271.95 THB fair value. As of Jul 13, 2026.

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Analysis

Kasikornbank Public Company (KBANK) currently trades at 235.00 THB, while our model-based Fair Value estimate is 271.95 THB, implying the stock looks roughly 15.7% undervalued today. We read business quality at 74/100 (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, Kasikornbank Public Company generated revenue of 155B THB at a net margin of 32.6%. Revenue grew 1.1% year over year. It earns a return on equity of 8.5%. The balance sheet holds a net cash position of 115B THB. Fundamentals as of Jul 13, 2026

Our scenario range runs from 203.96 THB (bear case) to 339.94 THB (bull case); at 235.00 THB, the current price sits within that range. The share trades near its 52-week high and 63% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 31% fair-value upside, at 16%, KBANK screens richer than that median.

Key figures & financial health

Revenue (TTM) 155B THB
Revenue growth (YoY) +1.1%
Net margin 32.6%
Return on equity 8.5%
Free cash flow 125B THB FY2025
P/E ratio 9.3
More key figures
Operating margin 51.4%
EPS (TTM) 21.20 THB
Dividend yield 6.0%
EPS growth (YoY) +10.0%
Net cash 115B THB FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 13, 2026. TTM = trailing twelve months.

About the company

Kasikornbank Public Company Limited, together with its subsidiaries, provides commercial banking products and services in Thailand and internationally. The company operates through four segments: Corporate Business; Retail Business; Treasury and Investment, Capital Markets Business and World Business Group; and Muang Thai Group Holding Business. It offers e-savings, savings, fixed deposit, current, and foreign currency deposit accounts; debit and credit cards, as well as Xpress cash; personal, home, and auto loans, as well as property for sale; mutual funds, stocks, debentures/bonds, and derivatives/futures exchange; accident, health, critical illness, travel, savings, retirement and endowment, life insurance and inheritance, car, insurance for tax deduction, and other insurance products; digital banking and e-wallet; bill payment, money and global money transfers, and PromptPay; cash management, including cheques and drafts, as well as foreign exchange; alert services; and other …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Kasikornbank Public Company reported revenue of 231B THB in FY2025 versus 179B THB in FY2021, a compound +6.6%/yr. Reported net income was 49.6B THB in FY2025, compounding +6.8%/yr from FY2021.

Revenue +6.6%/yr
FY21 179B THB
FY22 192B THB
FY23 228B THB
FY24 237B THB
FY25 231B THB
Net income +6.8%/yr
FY21 38.1B THB
FY22 35.8B THB
FY23 42.4B THB
FY24 48.6B THB
FY25 49.6B THB

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Cite: Fair Value Calculator (2026). "Kasikornbank Public Company Fair Value". https://www.fairvalue-calculator.com/stock/KBANK

Similar stocks

10 more Banks - Regional stocks, each showing price versus our Fair Value estimate (as of Jul 13, 2026).

Stock Price Fair Value vs Fair Value
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KB Financial Group 105560 157,000 KRW 205,701 KRW +31%
PT Bank Mandiri (Persero) Tbk BMRI 4,260 IDR 8,520 IDR +100%
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Banco Bradesco S.A BBD 5,120 ARS 10,240 ARS +100%
Shinhan Financial Group 055550 107,500 KRW 122,401 KRW +14%
Hana Financial Group 086790 123,600 KRW 112,429 KRW -9%
Lloyds Banking Group LYG 4,138 ARS 8,275 ARS +100%
Banco de Chile, CHILE 179.00 CLP 92.69 CLP -48%
Joint Stock Commercial Bank for Foreign Trade of Vietnam, VCB 61,700 VND 63,824 VND +3%

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Frequently asked questions

Is Kasikornbank Public Company (KBANK) undervalued?
As of Jul 13, 2026, our model estimates a fair value of 271.95 THB versus a price of 235.00 THB, about +16% (undervalued). Model-based estimate, not financial advice.
What is the fair value of KBANK?
Our model-based fair value for Kasikornbank Public Company is 271.95 THB (as of Jul 13, 2026), built from audited fundamentals. The current price is 235.00 THB.
What is the quality score of KBANK?
Kasikornbank Public Company has a Quality Score of 74/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Kasikornbank Public Company (KBANK)?
Kasikornbank Public Company reported trailing-twelve-month revenue of about 155B THB (latest available figure, as of Jul 13, 2026).
What is the net profit margin of KBANK?
The net profit margin of Kasikornbank Public Company is about 32.6%, meaning it keeps roughly 32.6% of revenue as net income. Based on the latest reported figures.
Does Kasikornbank Public Company pay a dividend?
Kasikornbank Public Company currently shows a dividend yield of about 6.00% relative to its recent price (as of Jul 13, 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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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.