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Krung Thai Bank Public Company (KTB) Fair Value & Analysis

Financial Services · TH · Market cap 489B THB

KT Krung Thai Bank Public Company KTB · BK
Price36.50 THB
Fair Value44.86 THB
Upside+22.9%
Quality94/100
Evidence: High Range 33.65 THB – 56.08 THB

Fair value as of: Jun 26, 2026

From 25 valuation models · updated 3 days ago

Share price +7.2% over the past month.

Price vs Fair Value (12 months)

36.50 THB 19.50 THB Fair Value 44.86 THB Jun 2025 Jun 2026

12‑month range 19.50 THB – 36.50 THB · fair‑value band 33.65 THB – 56.08 THB · the 36.50 THB price screens below the 44.86 THB fair value. As of Jun 26, 2026.

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Analysis

Krung Thai Bank Public Company (KTB) currently trades at 36.50 THB, while our model-based Fair Value estimate is 44.86 THB — implying the stock looks roughly 22.9% undervalued today. We read business quality at 94/100 (high 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, Krung Thai Bank Public Company generated revenue of 129B THB at a net margin of 37.8%. Revenue declined 1.2% year over year. It earns a return on equity of 11.0%. The balance sheet holds a net cash position of 26.1B THB. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 129B THB
Revenue growth (YoY) -1.2%
Net margin 37.8%
Return on equity 11.0%
Free cash flow 191B THB FY2025
P/E ratio 10.0
More key figures
Operating margin 54.0%
EPS (TTM) 3.50 THB
Dividend yield 5.9%
EPS growth (YoY) +6.0%
Net cash 26.1B THB FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

Krung Thai Bank Public Company Limited, together with its subsidiaries, engages in commercial banking business in Thailand and internationally. The company operates through three segments: Retail Banking, Business Banking, and Money Management and Investment. It offers personal banking products and services, including current, fixed deposit, and savings accounts; foreign currency and tax-free time deposits; debit, credit, travel, and cash and top up cards; accident, health, life, motor, and others/non-life insurance products; personal and housing loans; money transfer, payment and top-up, foreign exchange, and overseas education services; e-banking; traffic ticket, direct debit for bill, and tax payment services; and e-certificate. The company also provides SME loans for small and medium businesses, as well as international business loans. In addition, it offers corporate banking services, such as cash management comprising collection, liquidity management, and transfer and payment;…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Krung Thai Bank Public Company reported revenue of 207B THB in FY2025 versus 136B THB in FY2021, a compound +11.0%/yr. Reported net income was 48.2B THB in FY2025, compounding +22.3%/yr from FY2021.

Revenue +11.0%/yr
FY21 136B THB
FY22 147B THB
FY23 187B THB
FY24 204B THB
FY25 207B THB
Net income +22.3%/yr
FY21 21.6B THB
FY22 33.7B THB
FY23 36.6B THB
FY24 43.9B THB
FY25 48.2B THB

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Similar stocks

6 more Banks - Regional stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).

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PT Bank Rakyat Indonesia (Persero) Tbk BBRI 2,870 IDR 5,740 IDR +100%
Banco Bradesco S.A BBD 5,120 ARS 10,240 ARS +100%
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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Frequently asked questions

Is Krung Thai Bank Public Company (KTB) undervalued?
As of Jun 26, 2026, our model estimates a fair value of 44.86 THB versus a price of 36.50 THB — about +23% (undervalued). Model-based estimate, not financial advice.
What is the fair value of KTB?
Our 21-model fair value for Krung Thai Bank Public Company is 44.86 THB (as of Jun 26, 2026), built from audited fundamentals. The current price is 36.50 THB.
What is the quality score of KTB?
Krung Thai Bank Public Company has a Quality Score of 94/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Krung Thai Bank Public Company (KTB)?
Krung Thai Bank Public Company reported trailing-twelve-month revenue of about 129B THB (latest available figure, as of Jun 26, 2026).
What is the net profit margin of KTB?
The net profit margin of Krung Thai Bank Public Company is about 37.8%, meaning it keeps roughly 37.8% of revenue as net income. Based on the latest reported figures.
Does Krung Thai Bank Public Company pay a dividend?
Krung Thai Bank Public Company currently shows a dividend yield of about 5.91% relative to its recent price (as of Jun 26, 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.