Professional
Added to YB: 2024-08-16
Pitch date: 2024-08-16
D05.SI [bullish]
DBS Group Holdings Ltd
+63.37%
current return
Author Info
No bio for this author
Company Info
DBS Group Holdings Ltd provides commercial banking and financial services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally.
Market Cap
SGD 103.4B
Pitch Price
SGD 33.69
Price Target
N/A
Dividend
5.94%
EV/EBITDA
N/A
P/E
9.82
EV/Sales
N/A
Sector
Banks
Category
value
Davis International Fund Portfolio Holding: DBS Group Holdings Ltd
DBS: Largest SGP bank, 50% low-cost deposits, top-3 Asian wealth mgmt. Strong brand, tech-advanced. 8% rev growth, 11% net income & stock return under CEO. 14.7% capital ratio. 10x 2025E earnings, high-teens ROTE, 6% yield. Risks: weak trade, geopolitics. Expanding in Greater China, India, Indonesia via M&A & organic growth.
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