KBC Group (KBCSF) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of KBC Group $92.81, price $142, upside -34.6%, quality 56 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? Yes
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KBC Group
KBCSF · USOvervalued / MonitorQuality is not strong enough to offset the price risk.
What runs behind every stock
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 29, 2026.
How to read this chart
60‑month range $23.48 – $155.21 · fair‑value band $77.11 – $142.64 · the $141.90 price screens above the $92.81 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 29, 2026.
Company profile
KBC Group NV, together with its subsidiaries, provides banking, insurance, and asset management services in Belgium, Bulgaria, the Czech Republic, Hungary, and Slovakia.
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KBC Group NV, together with its subsidiaries, provides banking, insurance, and asset management services in Belgium, Bulgaria, the Czech Republic, Hungary, and Slovakia. The company offers demand deposits, time deposits, and savings and current accounts; home and mortgage loans; home insurance; consumer finance and SME funding services, investment fund, and life and non-life insurance; cash management, payments, trade finance, leasing, corporate finance, money and capital market products; and other financial services, such as factoring and stockbroking services. It also provides digital and mobile banking services. In addition, the company engages in the credit institution, software, driving school/roadside assistance business. It primarily serves retail, private banking, small and medium sized enterprises, and mid-cap clients. The company was formerly known as KBC Bank and Insurance Holding Company NV and changed its name to KBC Group NV in March 2005. KBC Group NV was incorporated in 1935 and is headquartered in Brussels, Belgium.
Stock analysis
KBC Group (KBCSF) currently trades at $141.90, while our model-based Fair Value estimate is $92.81, 34.6% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $110.87 per share, and 0 of the 6 models we run sit above the $141.90 price.
Bear case: the Asset-Based group reads lowest at $53.06, and 6 of the 6 models stay below the price. Evidence for this calculation is high.
Scenario range: $77.11 (bear) to $142.64 (bull), the price of $141.90 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 56/100 (solid quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
KBC Group reported revenue of €23.4B in FY2025 versus €9.3B in FY2021, a compound +25.8%/yr. Reported net income was €3.6B in FY2025, compounding +8.1%/yr from FY2021.
Key figures
Market cap $56.3B · P/E ratio 14.0 · P/S ratio 2.13 · EPS (TTM) $10.10 · Dividend yield 3.6% · Net margin 15.2% · Return on equity 13.4% · Return on assets (EBIT) 1.1%.
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 9% below its 52-week high and 31% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −36% fair-value upside, at −35%, KBCSF screens cheaper than that median.
Fair Value models
All 6 models by family
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Set up alert →Quality Score breakdown
Of which business quality 53 · Market factors (momentum, volatility) 79
Revenue & earnings trend
Growth Forecast
KBCSF screens overvalued: fair value 35% below the price. Compare with DBS Group →
Earlier news
- KBC Groupe NV (KBCSF) (Q2 2026) Earnings Call Highlights: Record Profit and Raised Guidance ...
- KBC Groupe NV (KBCSF) Q1 2026 Earnings Call Highlights: Strong Financial Performance Amid ...
Compare KBC Group 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 · 1053 stocks
Valuation Multiplesvs Banks - Regional median · lower = cheaper
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: US Stocks
- Valuation of the USA 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 | 78.00 SGD | 40.39 SGD | −48% |
| China Merchants Bank Co 600036 | ¥40.69 | ¥52.73 | +30% |
| UniCredit S.p.A UCG | €79.53 | €77.12 | −3% |
| Mizuho Financial Group MFG | $11.05 | $6.82 | −38% |
| Intesa Sanpaolo S.p.A ISP | €6.38 | €4.06 | −36% |
| BNP Paribas SA BNP | €91.54 | €105.99 | +16% |
| HDFC Bank Limited HDFCBANK | ₹721.20 | ₹406.44 | −44% |
| Oversea-Chinese Banking Corporation O39 | 32.01 SGD | 19.78 SGD | −38% |
| Al Rajhi Banking and Investment Corporation 1120 | 63.15 SAR | 36.95 SAR | −41% |
| CaixaBank, S.A CABK | €12.03 | €8.46 | −30% |
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Key figures of KBC Group
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