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Kasikornbank Public Company (TKKD) Fair Value & Analysis

Financial Services · SG · Market cap 21.4B SGD

KP Kasikornbank Public Company TKKD · SG
Price9.04 SGD
Fair Value16.19 SGD
Upside+79.1%
Quality74/100
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Evidence: High Range 12.14 SGD – 20.24 SGD

Fair value as of: Jul 4, 2026

From 16 valuation models · updated yesterday

Share price +13.3% over the past month.

Price vs Fair Value (12 months)

9.04 SGD 5.72 SGD Fair Value 16.19 SGD Jul 2025 Jul 2026

12‑month range 5.72 SGD – 9.04 SGD · fair‑value band 12.14 SGD – 20.24 SGD · the 9.04 SGD price screens below the 16.19 SGD fair value. As of Jul 4, 2026.

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Analysis

Kasikornbank Public Company (TKKD) currently trades at 9.04 SGD, while our model-based Fair Value estimate is 16.19 SGD — implying the stock looks roughly 79.1% 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 SGD at a net margin of 32.6%. Revenue grew 1.1% year over year. It earns a return on equity of 8.5%. Net debt stands at 212B SGD. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) 155B SGD
Revenue growth (YoY) +1.1%
Net margin 32.6%
Return on equity 8.5%
Free cash flow 211B SGD FY2025
P/E ratio 11.0
More key figures
Operating margin 51.4%
EPS (TTM) 0.8200 SGD
Dividend yield 6.1%
EPS growth (YoY) +10.0%
Net debt 212B SGD FY2023

Figures from reported company fundamentals (EODHD) · as of Jul 4, 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 207B SGD in FY2025 versus 169B SGD in FY2021, a compound +5.3%/yr. Reported net income was 49.6B SGD in FY2025, compounding +6.8%/yr from FY2021.

Revenue +5.3%/yr
FY21 169B SGD
FY22 180B SGD
FY23 205B SGD
FY24 209B SGD
FY25 207B SGD
Net income +6.8%/yr
FY21 38.1B SGD
FY22 35.8B SGD
FY23 42.4B SGD
FY24 49.6B SGD
FY25 49.6B SGD

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Frequently asked questions

Is Kasikornbank Public Company (TKKD) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 16.19 SGD versus a price of 9.04 SGD — about +79% (undervalued). Model-based estimate, not financial advice.
What is the fair value of TKKD?
Our model-based fair value for Kasikornbank Public Company is 16.19 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 9.04 SGD.
What is the quality score of TKKD?
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 (TKKD)?
Kasikornbank Public Company reported trailing-twelve-month revenue of about 155B SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of TKKD?
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 6.12% relative to its recent price (as of Jul 4, 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.