D05 Stock Analysis: DBS Holdings | SG
Banks - Regional | SG, Singapore | Market Cap: 204.310m SGD | 12M Return: 61.7% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 280M
EPS Trend: 59.0%
Qual. Beats: 0
Rev. Trend: 95.0%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
DBS Group Holdings Ltd is a Singapore-based banking and financial services group operating across Singapore, Hong Kong, Greater China, South and Southeast Asia, and internationally. Founded in 1968, the company runs three core business segments: Personal Banking (retail deposits, loans, cards, payments, investments, and insurance for individuals); Institutional Banking (working capital finance, cash management, trade finance, treasury products, corporate advisory, and capital markets solutions for corporates, SMEs, and financial institutions); and Global Financial Markets (structuring, market-making, and trading in treasury products).
As one of the largest banks in Southeast Asia and a member of the Straits Times Index, DBS generates revenue through net interest margins on lending, fee-based services such as wealth management and transaction banking, and trading income from its markets business. Its regional banks classification places it among Asian commercial banks that derive a significant share of earnings from corporate and SME lending alongside retail banking.
- Net interest margin holds firm as Singapore rates stay elevated
- Wealth management AUM grows on Asia private banking inflows
- Institutional banking loans expand across Southeast Asia
| Net Income: 10.9b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -0.59 > 1.0 |
| NWC/Revenue: error (cannot be calculated; needs Current Assets/Liabilities and Revenue current+prev) |
| CFO/TA 0.01 > 3% & CFO 11.0b > Net Income 10.9b |
| Net Debt/EBITDA: error (cannot be calculated) |
| Current Ratio: error (cannot be calculated; needs correct Total Current Assets and Liabilities) |
| Outstanding Shares: last quarter (2.84b) vs 12m ago -0.03% < -2% |
| Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin) |
| Asset Turnover: 2.58% > 50% (prev 2.65%; Δ -0.07% > 0%) |
| Interest Coverage Ratio: 0.95 > 6 (EBIT TTM 13.0b / Interest Expense TTM 13.8b) |
As of July 28, 2026, the stock is trading at SGD 74.38 with a total of 3,268,758 shares traded. Over the past week, the price has changed by +3.45%, over one month by +12.65%, over three months by +32.81% and over the past year by +61.74%.
Current recommended Stop Loss: 73.00 (which is 1.9% or 1.3 ATR below the current price).
DBS Holdings has no consensus analysts rating.
P/E Trailing = 19.0391
P/E Forward = 18.2149
P/S = 9.3086
P/B = 3.0091
P/EG = 3.4696
Revenue TTM = 22.9b SGD
EBIT TTM = 13.0b SGD
EBITDA TTM = 13.1b SGD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 54.0b SGD (204b + (null Debt) - CCE 150b)
Interest Coverage Ratio = 0.95 (Ebit TTM 13.0b / Interest Expense TTM 13.8b)
EV/FCF = 5.14x (Enterprise Value 54.0b / FCF TTM 10.5b)
FCF Yield = 19.46% (FCF TTM 10.5b / Enterprise Value 54.0b)
FCF Margin = 45.82% (FCF TTM 10.5b / Revenue TTM 22.9b)
Net Margin = 47.60% (Net Income TTM 10.9b / Revenue TTM 22.9b)
Gross Margin = unknown ((Revenue TTM 22.9b - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = 0.06 (Enterprise Value 54.0b / Total Assets 935b)
Interest Expense / Debt = unknown (Interest Expense 13.8b / Debt none)
Taxrate = 15.89% (2.06b / 13.0b)
NOPAT = 11.0b (EBIT 13.0b * (1 - 15.89%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 13.1b)
Debt / FCF = unknown (Net Debt none / FCF TTM 10.5b)
Total Stockholder Equity = 68.9b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.23% (Net Income 10.9b / Total Assets 935b)
RoE = 15.84% (Net Income TTM 10.9b / Total Stockholder Equity 68.9b)
RoCE = unknown (EBIT 13.0b / Capital Employed )
RoIC = unknown (NOPAT 11.0b, Invested Capital 0.0, EBIT 13.0b)
WACC = 8.33% (E(204b)/V(204b) * Re(8.33%) + (debt-free company))
Discount Rate = 8.33% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 81.10 | Cagr: 4.55%
[DCF] Terminal Value 73.10% ; FCFF base≈12.1b ; Y1≈10.6b ; Y5≈8.55b
[DCF] Fair Price = 48.37 (EV 137b - Net Debt 0.0 = Equity 137b / Shares 2.84b; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 58.98 | EPS CAGR: 2.41% | SUE: 0.50 | # QB: 0
Revenue Correlation: 94.98 | Revenue CAGR: 9.23% | SUE: 0.21 | # QB: 0
EPS current Quarter (2026-09-30): EPS=1.03 | Chg30d=-0.31% | Revisions=-25% | Analysts=2
EPS current Year (2026-12-31): EPS=3.98 | Chg30d=+0.97% | Revisions=-25% | GrowthEPS=+3.0% | GrowthRev=+3.4%
EPS next Year (2027-12-31): EPS=4.29 | Chg30d=+2.45% | Revisions=+40% | GrowthEPS=+7.9% | GrowthRev=+6.4%
[Analyst] Revisions Ratio: +0% (up=2, down=2)