Analyst Note
| Michael Makdad |We keep our fair value estimate of SGD 41 for DBS Group, equivalent to 1.84 times 2023 projected book value and 25% above the current share price.
1-Star Price
INVESTOR
5-Star Price
INVESTOR
Capital Allocation
INVESTOR
We keep our fair value estimate of SGD 41 for DBS Group, equivalent to 1.84 times 2023 projected book value and 25% above the current share price.
DBS Group is a Singapore-based banking group offering a full range of services to consumers, small to midsize enterprises, and corporations and institutions. Its main presence is in Singapore and Greater China. The recent acquisition of Lakshmi Vilas Bank has strengthened DBS' operations in India, and the acquisition of Citibank’s Taiwan operation should bring additional growth in Greater China. DBS' wealth management division is one of the largest in Asia, with assets under management of SGD 297 billion as of the end of 2022.
Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of D05’s competitive advantage.
DBS Group Holdings Ltd
XSES: D05
| Hang Seng Bank Ltd
XHKG: 00011
| BOC Hong Kong Holdings Ltd
XHKG: 02388
| Oversea-Chinese Banking Corp Ltd
XSES: O39
| |
Price
| 31.06 | 109.80 | 24.00 | 12.33 |
Currency
| SGD | HKD | HKD | SGD |
Change
| +$0.46 (1.50%) | +$2.90 (2.71%) | +$0.25 (1.05%) | +$0.10 (0.82%) |
Market Cap
| 80.10 Bil | 209.92 Bil | 253.75 Bil | 55.43 Bil |
Industry
| Banks - Regional | Banks - Regional | Banks - Regional | Banks - Regional |
Sector
|
Financial Services
|
Financial Services
|
Financial Services
|
Financial Services
|
* Trading data in this section is delayed by at least 15 minutes.
Yes. D05 has a forward dividend yield of 5.41%.
See
D05’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
D05’s market cap is 80.10 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
D05’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
D05’s price/sales is 4.52.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
D05’s price/forward earnings is 7.12.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
D05’s price/book is 1.39.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See D05’s valuation ratios compared to the Market Index.
D05’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare D05’s historical performance against its industry peers and the overall market.