TISCO Financial Group Public Company Limited (TISCO) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of TISCO Financial Group Public Company Limited stock THB 91.94, price THB 124, that is 25.6% below the price, quality 63 out of 100. Rating: overvalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
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TISCO Financial Group Public Company Limited
TISCO · BKOur calculation puts a fair price 26% below what the stock costs today.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range 58.58 THB – 130.91 THB · fair‑value band 64.55 THB – 114.93 THB · the 123.50 THB price screens above the 91.94 THB fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
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Company profile
TISCO Financial Group Public Company Limited, together with its subsidiaries, provides commercial banking products and services for individuals and businesses in Thailand.
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The company operates through four segments: Commercial Banking Business, Securities Business, Asset Management Business, and Support Business. It accepts deposit products, such as special and standard current accounts, savings accounts, and term and recurring deposit products.
The company also provides personal loans, such as home loan, new and used car loans, and loans against inheritance pension, and refinance home loans; and corporate loans, including project and long-term loans, short term loans, and guarantee products.
In addition, it offers investment services, such as brokerage services, derivative brokerage, provident funds, and mutual funds, as well as global trade services; and insurance products comprising life, health and critical illness, personal accident, car, lifestyle, and home insurance.
Further, the company provides investment banking services, including financial advisory services for merger and acquisition, company valuation, tender offer, and financial advisory and underwriting service for the initial public offering, privatization advisory and implementation, project financing, debt restructuring, feasibility study, project valuation, and general advisory services; and cash management, private banking, and wealth and asset management services.
Additionally, it offers promptpay, atm card, alert, bill payment, cross-bank bill payment, assets for sale, car auction, and hire purchase services. TISCO Financial Group Public Company Limited was founded in 1969 and is based in Bangkok, Thailand.
Stock analysis
TISCO Financial Group Public Company Limited (TISCO) currently trades at 123.50 THB, while our model-based Fair Value estimate is 91.94 THB, 26% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Dividend Discount group reads highest at a median of 104.73 THB per share, and 0 of the 6 models we run sit above the 123.50 THB price.
Bear case: the Asset-Based group reads lowest at 36.26 THB, and 6 of the 6 models stay below the price. Data coverage for this calculation is high.
Scenario range: 64.55 THB (bear) to 114.93 THB (bull), the price of 123.50 THB sits above 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 63/100 (solid quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
TISCO Financial Group Public Company Limited reported revenue of 24.9B THB in FY2025 versus 21.1B THB in FY2021, a compound +4.2%/yr. Reported net income was 6.7B THB in FY2025, compounding −0.5%/yr from FY2021.
Key figures
Market cap 99.0B THB (≈ $3.0B) Mid · P/E ratio 14.4 · P/S ratio 5.59 · EPS (TTM) 8.58 THB · Dividend yield 4.7% · Net margin 38.8% · Return on equity 16.3% · Return on assets (EBIT) 3.3% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 69 out of 100 (medium confidence).
What moves the price
The share trades about 6% below its 52-week high and 25% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −28% fair-value upside, at −26%, TISCO screens cheaper than that median.
Fair Value models
All 6 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
TISCO screens overvalued: fair value 26% below the price. Compare with China Merchants Bank Co →
Compare TISCO Financial Group Public Company Limited 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 · 998 stocks
Valuation Multiplesvs Banks - Regional median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
HEALTH: for banks, insurers and similar financial firms borrowed money is part of the business, so we do not rate debt here.
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Revenue growth by industry
- PEG ratio by industry
- PEG screener for stocks with fair value
- Valuation of the Thailand 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 | Compare |
|---|---|---|---|---|
| Postal Savings Bank of China Co 601658 | ¥5.53 | ¥7.59 | +37% | vs TISCO |
| China Merchants Bank Co 600036 | ¥42.88 | ¥52.73 | +23% | vs TISCO |
| BNP Paribas SA BNP | €91.93 | €106.01 | +15% | vs TISCO |
| Intesa Sanpaolo S.p.A ISP | €6.18 | €4.49 | −27% | vs TISCO |
| State Bank of India SBIN | ₹1,019 | ₹736.65 | −28% | vs TISCO |
| UniCredit S.p.A UCG | €76.80 | €50.44 | −34% | vs TISCO |
| Mizuho Financial Group MFG | $9.40 | $5.90 | −37% | vs TISCO |
| DBS Group D05 | 69.72 SGD | 40.39 SGD | −42% | vs TISCO |
| HDFC Bank Limited HDFCBANK | ₹788.25 | ₹406.39 | −48% | vs TISCO |
| ICICI Bank Limited ICICIBANK | ₹1,571 | ₹615.63 | −61% | vs TISCO |
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Frequently asked questions
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Key figures of TISCO Financial Group Public Company Limited
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