LH Financial Group Public Company Limited (LHFG) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of LH Financial Group Public Company Limited THB 1.52, price THB 1.26, upside +20.6%, quality 61 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch LH Financial Group Public Company Limited 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, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range 0.6543 THB – 1.42 THB · fair‑value band 1.50 THB – 1.99 THB · the 1.26 THB price screens below the 1.52 THB fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Follow LH Financial Group Public Company in your weekly email
Every Wednesday you see whether LH Financial Group Public Company 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.
LH Financial Group Public Company Limited, an investment holding company, engages in the banking business in Thailand. It operates through four segments: Investment Holding Business, Banking Business, Fund Management Business, and Securities Businesses. The company was incorporated in 2009 and is based in Bangkok, Thailand.
Stock analysis
LH Financial Group Public Company Limited (LHFG) currently trades at 1.26 THB, while our model-based Fair Value estimate is 1.52 THB, implying the stock looks roughly 17.1% undervalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of 1.77 THB per share, and 4 of the 6 models we run sit above the 1.26 THB price.
Bear case: the Dividend Discount group reads lowest at 0.5100 THB, and 2 of the 6 models stay below the price. Evidence for this calculation is low.
Scenario range: 1.50 THB (bear) to 1.99 THB (bull), the price of 1.26 THB sits below 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 61/100 (solid quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
LH Financial Group Public Company Limited reported revenue of 16.0B THB in FY2025 versus 10.4B THB in FY2021, a compound +11.3%/yr. Reported net income was 2.9B THB in FY2025, compounding +20.2%/yr from FY2021.
Key figures
Market cap 26.5B THB (≈ $794M) · P/E ratio 8.4 · P/S ratio 1.52 · EPS (TTM) 0.1500 THB · Dividend yield 4.8% · Net margin 18.0% · Return on equity 7.7% · Return on assets (EBIT) 0.7%.
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 3% below its 52-week high and 78% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −38% fair-value upside, at 21%, LHFG screens cheaper than that median.
Fair Value models
Bear 1.50 THBFair Value 1.52 THBBull 1.99 THB
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. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (0.0658 THB per share) are deliberately not added.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.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.82/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+9.8%
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.
+14.7%
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.
+8.4%
Start year 2020 (pandemic). Over 10 years: +5.2% a year
Revenue growth 17 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.
+12.2%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years), in THB ⓘ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. Measured in THB: 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.
+11.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year+7.0%
Dividend (yield on the price)4.8%
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.7% vs 1%, 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.23% → 22%
Start year 2020 (pandemic)
Growth Forecast
Little optimism in the price
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).
less than -40 %
Yearly growth needed for the next five years to justify today's price.
Compare LH Financial Group Public Company Limited 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 · 1074 stocks
Beats the industry median on 10/15 measures
Overall it ranks above its industry peers.
Valuation
Quality Score58 · Above median
Fair Value upside+21% · Top 25%
Profitability
Return on equity (TTM)8% · Below median
Return on assets1% · Below median
Net margin (TTM)36% · Above median
Operating margin (TTM)47% · Above median
Growth and dividend
Revenue growth24% · Top 25%
Dividend yield (TTM)4.8% · Top 25%
Balance sheet
Debt / equity0.52× · 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). "LH Financial Group Public Company Limited Fair Value". https://www.fairvalue-calculator.com/stock/LHFG
Frequently asked questions
Is LH Financial Group Public Company Limited (LHFG) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 1.52 THB versus a price of 1.26 THB, about +21% upside (undervalued).
What is the fair value of LHFG?
Our model-based fair value for LH Financial Group Public Company Limited is 1.52 THB (as of Sep 24, 2026), built from audited fundamentals. The current price: 1.26 THB.
What is the quality score of LHFG?
LH Financial Group Public Company Limited has a Quality Score of 61/100. 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 LH Financial Group Public Company Limited (LHFG)?
Our model-based price target is the fair value of 1.52 THB (as of Sep 24, 2026) from 6 valuation models. Cautious scenario 1.50 THB, optimistic scenario 1.99 THB. It is a calculation from audited fundamentals, not an analyst target.
What is the LH Financial Group Public Company Limited stock forecast for 2026?
Our models put fair value at 1.52 THB, about +21% upside versus a price of 1.26 THB (undervalued). Cautious scenario 1.50 THB, optimistic scenario 1.99 THB. The calculation is refreshed regularly with new filings.
What is the revenue of LH Financial Group Public Company Limited (LHFG)?
LH Financial Group Public Company Limited reported trailing-twelve-month revenue of about 8.8B THB (latest available figure, as of Sep 24, 2026).
Does LH Financial Group Public Company Limited pay a dividend?
LH Financial Group Public Company Limited currently shows a dividend yield of about 4.76% relative to its recent price (as of Sep 24, 2026).
What growth is priced into LH Financial Group Public Company Limited (LHFG)?
For today's price to be fair in a discounted-cash-flow model, LH Financial Group Public Company Limited would have to grow free cash flow by less than minus 40 % per year for five years (discount rate 11.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +8.4 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of LHFG use?
Our models discount LH Financial Group Public Company Limited at 11.6 %: a base by market capitalisation (small), damped by beta 0.16, country premium for Thailand. 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 LH Financial Group Public Company Limited that is less than minus 40 % per year a year over ten years, using the same discount rate (11.6 %) and the same formula as our fair value.
How much growth has LH Financial Group Public Company Limited (LHFG) delivered so far?
Over the past 5 years revenue at LH Financial Group Public Company Limited grew +8.4 % a year. The price currently implies less than minus 40 % 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 LH Financial Group Public Company Limited (LHFG) growing?
The median revenue growth in the sector is +8.4 % a year. That is the yardstick for the growth priced into LH Financial Group Public Company Limited (less than minus 40 % 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 LH Financial Group Public Company Limited (LHFG)?
The free-cash-flow yield on the price is 20.85 %: that much free cash flow LH Financial Group Public Company Limited produces per unit of market value. When it exceeds the discount rate of our models (11.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of LH Financial Group Public Company Limited (LHFG)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For LH Financial Group Public Company Limited it is 1.52 THB per share (as of Sep 24, 2026), against a price of 1.26 THB. It is the blended result of 6 valuation models (cash flow, earnings, asset, dividend).
Is LH Financial Group Public Company Limited stock overvalued or undervalued in 2026?
As of Sep 24, 2026, LHFG trades below its calculated fair value: price 1.26 THB, fair value 1.52 THB, a gap of about +21% (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 LHFG?
No. The price is what the market pays today (1.26 THB); the fair value is what the company's own numbers justify (1.52 THB). For LH Financial Group Public Company Limited the two are 0.2600 THB per share apart. That gap is exactly why we show both numbers side by side.
How much is LH Financial Group Public Company Limited worth?
The market values LH Financial Group Public Company Limited at about 26.5B THB (market capitalisation, as of Sep 24, 2026). Per share that is 1.26 THB; our models calculate a fair value of 1.52 THB per share.
What do the bullish and bearish scenarios say about LHFG?
Our models span a range for LH Financial Group Public Company Limited: cautious scenario 1.50 THB, base 1.52 THB, optimistic 1.99 THB per share (as of Sep 24, 2026, price 1.26 THB). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of LHFG?
LH Financial Group Public Company Limited trades at a price-to-earnings ratio of 8.4 (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 1.52 THB is built from several models across several years. Other multiples: PEG 2.4, P/B 0.6, P/S 3.0, EV/EBITDA 12.8.
What is the PEG ratio of LHFG?
The PEG ratio of LH Financial Group Public Company Limited is 2.44 (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 LH Financial Group Public Company Limited (LHFG)?
Balance-sheet figures for LH Financial Group Public Company Limited (as of Sep 24, 2026): return on equity 7.7%, debt of 0.52 per unit of equity. They feed the Quality Score of 61/100, which measures business quality independently of the share price.
How far is LHFG from its 52-week high?
LH Financial Group Public Company Limited trades at 1.26 THB, about 3% below its 52-week high of 1.30 THB and 78% above the low of 0.7081 THB (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of 1.52 THB is for.
Which stocks are comparable to LH Financial Group Public Company Limited?
From the same area (Financial Services) we also value DBS Group, China Merchants Bank Co, Intesa Sanpaolo S.p.A, HDFC Bank Limited, 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 LH Financial Group Public Company Limited stock attractive at the current price?
The data as of Sep 24, 2026: price 1.26 THB, calculated fair value 1.52 THB (+21%), Quality Score 61/100, 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 LHFG calculated?
We run LH Financial Group Public Company Limited 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 1.52 THB, 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 14.1 % above its aggregate fair value. LH Financial Group Public Company Limited currently trades 21 % 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 LH Financial Group Public Company Limited (LHFG)?
The closing price on Sep 23, 2026 was 1.26 THB. Our model-based fair value is 1.52 THB, about +21% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with LH Financial Group Public Company Limited right now?
The price is below even our cautious bear case (1.50 THB). The market is more pessimistic than our downside scenario. Solid quality (61/100) at a price below fair value, the discount is the argument here, not the business quality. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual. 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 LH Financial Group Public Company Limited (LHFG) come from?
Earnings per share at LH Financial Group Public Company Limited grew −2.3 % a year from 2014 to 2025. Broken into its drivers: revenue per share −0.4 %, EBIT margin −2.0 %, 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 LH Financial Group Public Company Limited
How large is the market capitalisation of LH Financial Group Public Company Limited (LHFG)?
The market capitalisation of LH Financial Group Public Company Limited is 26.5B THB (≈ $794M). 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 LH Financial Group Public Company Limited (LHFG)?
The price-to-sales ratio of LH Financial Group Public Company Limited is 1.52 (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 LH Financial Group Public Company Limited (LHFG)?
Earnings per share at LH Financial Group Public Company Limited are 0.1500 THB (price ÷ EPS = P/E 8.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of LH Financial Group Public Company Limited (LHFG)?
The dividend yield of LH Financial Group Public Company Limited is 4.8% (payout 40.0%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of LH Financial Group Public Company Limited (LHFG)?
The net margin of LH Financial Group Public Company Limited is 18.0% (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 LH Financial Group Public Company Limited (LHFG)?
The return on equity (ROE) of LH Financial Group Public Company Limited is 7.7% (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 LH Financial Group Public Company Limited (LHFG)?
On an EBIT basis the return on assets of LH Financial Group Public Company Limited is 0.7% (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 LH Financial Group Public Company Limited (LHFG)?
The operating margin of LH Financial Group Public Company Limited is 47.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at LH Financial Group Public Company Limited (LHFG)?
Revenue at LH Financial Group Public Company Limited is growing +23.9% versus a year earlier (3y avg +14.7%). 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 LH Financial Group Public Company Limited (LHFG)?
Earnings per share at LH Financial Group Public Company Limited are growing +48.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does LH Financial Group Public Company Limited (LHFG) carry?
The net debt of LH Financial Group Public Company Limited is 27.6B THB (fiscal year 2025, ≈ 5.0 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 LH Financial Group Public Company Limited in the live analysis
One click puts LH Financial Group Public Company Limited 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.
