HLBANK Relative Valuation - Hong Leong Bank Bhd - Alpha Spread

Hong Leong Bank Bhd
KLSE:HLBANK

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Hong Leong Bank Bhd
KLSE:HLBANK
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Price: 21.08 MYR -0.09% Market Closed
Market Cap: 43.2B MYR
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Relative Value

The Relative Value of one HLBANK stock under the Base Case scenario is 19.99 MYR. Compared to the current market price of 21.08 MYR, Hong Leong Bank Bhd is Overvalued by 5%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

HLBANK Relative Value
Base Case
19.99 MYR
Overvaluation 5%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
17
vs Industry
8
Median 3Y
5.5
Median 5Y
5.5
Industry
2.4
Forward
6.7
vs History
76
vs Industry
52
Median 3Y
11.2
Median 5Y
11.4
Industry
10.3
Forward
9.8
vs History
63
vs Industry
38
Median 3Y
1.2
Median 5Y
1.2
Industry
0.9
vs History
52
vs Industry
23
Median 3Y
0.2
Median 5Y
0.2
Industry
0.1

Multiples Across Competitors

HLBANK Competitors Multiples
Hong Leong Bank Bhd Competitors

All Multiples
P/S
P/E
P/B
All Countries
Close
Market Cap P/S P/E P/B
MY
Hong Leong Bank Bhd
KLSE:HLBANK
43.2B MYR 5.8 10.3 1.2
US
JPMorgan Chase & Co
NYSE:JPM
600.6B USD 3.5 11.5 1.8
ZA
Standard Bank Group Ltd
JSE:SBK
402.2B Zac 0 0 0
ZA
Absa Bank Ltd
JSE:ABSP
367.4B Zac 0 0 0
ZA
Capitec Bank Holdings Ltd
JSE:CPI
350B Zac 0 0 0
US
Bank of America Corp
NYSE:BAC
313.1B USD 3.2 13.7 1.1
CN
Industrial and Commercial Bank of China Ltd
SSE:601398
2T CNY 2.4 5.9 0.5
CN
Agricultural Bank of China Ltd
SSE:601288
1.6T CNY 2.2 6.3 0.5
CN
Bank of China Ltd
SSE:601988
1.4T CNY 2.1 6.4 0.5
US
Wells Fargo & Co
NYSE:WFC
191.1B USD 2.3 10.9 1.1
CA
Royal Bank of Canada
NYSE:RY
172.4B USD 4.2 14.8 1.9

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