Risk factor
Low price volatility
Profitability factor
Undervalued vs peers
About
AFFIN Bank Berhad operates as a financial holding company, delivering a comprehensive array of banking services throughout Malaysia. Its business activities are organized into four primary divisions: Commercial Banking, Investment Banking, Insurance, and Other services. The Commercial Banking segment serves both individual and corporate clients. For personal banking, it provides savings and fixed deposit accounts, remittance services, current accounts, vehicle and housing loans, hire purchase options, overdrafts, personal loans, credit cards, unit trusts, and bancassurance/bancatakaful products. For corporates, public sector entities, and small and medium-sized enterprises (SMEs), this segment offers long-term and project financing, overdrafts, trade financing, and other fee-based services, including Islamic banking solutions. Through its Investment Banking division, AFFIN Bank specializes in advisory services for private debt securities and corporate finance, structuring mergers and acquisitions, facilitating capital raising through equity and debt instruments, and assisting with corporate and debt restructuring. This segment also delivers structured lending solutions for corporate finance and capital market endeavors, granting clients access to various funds and capital market investment products. Additionally, it offers stock-broking services for institutional and retail investors across local and foreign exchanges, alongside investment management and research capabilities. The Insurance segment focuses on underwriting various types of general and life insurance policies. The "Others" segment includes services such as money-broking, property management, share nominee, and trustee services. AFFIN Bank Berhad was founded in 1975 and is headquartered in Kuala Lumpur, Malaysia.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is fairly valued on P/E, underpriced on P/RIBP.
Target Price
The average target price of 5185.KL is 2.67 and suggests 18.7% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i