Risk factor
Low price volatility
Profitability factor
Undervalued vs peers
About
Hong Leong Financial Group Berhad (HLFG), an investment holding firm headquartered in Kuala Lumpur, Malaysia, delivers a comprehensive suite of financial services. Catering to a broad clientele including individual consumers, corporations, and institutions, HLFG organizes its operations into several key segments: Commercial Banking, Investment Banking and Asset Management, Insurance, and Other Operations. Within its offerings, HLFG provides a diverse array of services. These include personal and Islamic banking, business finance, treasury functions, transaction banking solutions, and wealth management services. The group's investment banking and asset management capabilities encompass traditional investment banking, futures and stock brokerage, private banking, and the management of funds and unit trusts. Furthermore, it engages in corporate banking, global market activities, and trades in various financial products such as treasury instruments, equities, derivatives, and foreign exchange. The company also offers life, general, and Takaful insurance products, alongside various management services. HLFG maintains an international footprint with operations extending to Singapore, Hong Kong, Vietnam, and Cambodia. Incorporated in 1968, the company adopted its current name in July 2006, having previously operated as Hong Leong Credit Berhad. It functions as a subsidiary of Hong Leong Company (Malaysia) Berhad (Hlcm).
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is underpriced on P/E, undervalued on P/RIBP. E
Target Price
The average target price of 1082.KL is 23.9 and suggests 35.5% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i