EN DE

KB Financial Group (105560) Fair Value & Analysis

Financial Services · KR · Market cap 65.4T KRW

KF KB Financial Group 105560 · KO
Price168,500 KRW
Fair Value220,258 KRW
Upside+30.7%
Quality59/100
Watch KB Financial Group for free, get notified when fair value or trend changes. Watch for free
Healthy Growth
Highly profitable · 36.6% net margin
High debt · generates free cash flow
2.68% dividend yield
Ranks above peers (8/12)
Wide moat 66/100
Evidence: High Range 165,193 KRW – 275,322 KRW Share as image

Fair value as of: Aug 13, 2026

From 6 valuation models · updated yesterday

Fair value updated Aug 13, 2026, revised from 213,797 KRW to 220,258 KRW (+3.0%) since Jul 11, 2026. Share price −8.6% over the past month.

A solid business, screening 31% undervalued on our models.

What matters now

  • Solid quality (59/100) at a price below fair value, the discount is the argument here, not the business quality.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

184,400 KRW 36,878 KRW Fair Value 220,258 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 36,878 KRW – 184,400 KRW · fair‑value band 165,193 KRW – 275,322 KRW · the 168,500 KRW price screens below the 220,258 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

KB Financial Group (105560) currently trades at 168,500 KRW, while our model-based Fair Value estimate is 220,258 KRW, implying the stock looks roughly 30.7% undervalued today. The Quality Score stands at 59/100 (solid quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, KB Financial Group generated revenue of 16.5T KRW at a net margin of 36.6%. Revenue grew 15.2% year over year. It earns a return on equity of 10.0%. Net debt stands at 94.9T KRW. Fundamentals as of Aug 13, 2026

Our scenario range runs from 165,193 KRW (bear case) to 275,322 KRW (bull case); at 168,500 KRW, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 4% below its 52-week high and 66% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 47% fair-value upside, at 31%, 105560 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income 148,004 KRW 165,559 KRW 284,964 KRW 76
Gordon GGM 35,318 KRW 77,105 KRW 129,732 KRW 70
P/E Multiple 160,348 KRW 213,797 KRW 267,246 KRW 63
All 6 models by family
Dividend Discount
Gordon GGM 35,318 KRW 77,105 KRW 129,732 KRW 70
DDM Multi-Stage 35,318 KRW 60,785 KRW 80,355 KRW 61
Multiples
P/E Multiple 160,348 KRW 213,797 KRW 267,246 KRW 63
P/B Multiple 174,803 KRW 233,071 KRW 291,339 KRW 55
Asset-Based
NCAV (Graham) 83,240 KRW 111,541 KRW 166,479 KRW 50
Economic Profit
Residual Income 148,004 KRW 165,559 KRW 284,964 KRW 76

Widest divergence: Multiples (213,797 KRW) versus Dividend Discount (60,785 KRW). Highest evidence: Residual Income (76).

Notify me when 105560 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 16.5T KRW
Revenue growth (YoY) +15.2%
Net margin 36.6%
Return on equity 10.0%
Free cash flow 3.7T KRW FY2025
Operating margin 60.7%
More key figures
Dividend yield 2.7%
EPS growth (YoY) +16.8%
Net debt 94.9T KRW FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 59/100

Of which business quality 54 · Market factors (momentum, volatility) 72

Profitability 37
Margins and returns on capital today
Quality Growth 60
Are margins and returns improving?
Cashflow 62
Earnings quality: real cash, not paper profit
Fin. Strength 15
Balance sheet, leverage, solvency risk
Investment 80
Disciplined investing over empire-building
Low Volatility 65
Calm price path (market factor)
Momentum 71
Price trend over the last 3–12 months (market factor)
52W Momentum 83
Distance to the 52-week high (market factor)
Net Issuance 100
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

KB Financial Group Inc. provides various banking and related financial services to consumers and corporations in South Korea, the United States, New Zealand, China, Cambodia, the United Kingdom, Indonesia, and internationally.

Full company description

KB Financial Group Inc. provides various banking and related financial services to consumers and corporations in South Korea, the United States, New Zealand, China, Cambodia, the United Kingdom, Indonesia, and internationally. It operates through Retail Banking, Corporate Banking, Other Banking Services, Credit Card, Securities, Life Insurance, and Non-Life Insurance segments. The company offers loans, deposit products, and other related financial products and services to large, small, medium-sized enterprises, and small office/home office, as well as individuals and households; investment banking, and brokerage and supporting services; life insurance products; non-life insurance products, including fire, maritime, injury, technology, liability, package, title, guarantee, other special type insurances, automobile, long-term nonlife, property damage, injury, driver, savings, illness, nursing, pension, and others; and credit sale, cash service, card loan, and other supporting services. It also involved in securities and derivatives trading, funding, and other supporting activities. In addition, the company offers foreign exchange transaction; financial investment; credit card and installment financing; financial leasing; auto Installment finance; real estate trust management; capital and collective investment; collection of receivables or credit investigation; software advisory, development, and supply; microfinance; investment advisory; claim; management; savings banking; information and communication; e-commerce; and general advisory services. KB Financial Group Inc. was founded in 1963 and is headquartered in Seoul, South Korea.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

KB Financial Group reported revenue of 21.2T KRW in FY2025 versus 17.0T KRW in FY2021, a compound +5.7%/yr. Reported net income was 5.8T KRW in FY2025, compounding +7.2%/yr from FY2021.

Growth Quality 79/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
21.2T KRW
Latest YoY
+5.6%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+8.4%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+7.1%
Avg. growth/yr (26Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+12.1%
Revenue +5.7%/yr
FY21 17.0T KRW
FY22 16.7T KRW
FY23 13.1T KRW
FY24 20.1T KRW
FY25 21.2T KRW
Net income +7.2%/yr
FY21 4.4T KRW
FY22 4.2T KRW
FY23 4.6T KRW
FY24 5.1T KRW
FY25 5.8T KRW
Character of growth · EPS growth decomposed (2012-2023) +13.2 % p.a.
Revenue per share +4.7 pp

of which total revenue +4.9 pp · buybacks/dilution −0.2 pp

EBIT margin +7.7 pp
Tax rate +0.0 pp
Residual (interest, one-offs) +0.8 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

Watch 105560: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "KB Financial Group Fair Value". https://www.fairvalue-calculator.com/stock/105560

Peer Group

Banks - Regional · 1086 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 61 · Top 25%
Fair Value upside +31% · Above median
Return on equity (TTM) 10% · Below median
Return on assets 1% · Below median
Net margin (TTM) 37% · Above median
Operating margin (TTM) 61% · Top 25%
Revenue growth 15% · Above median
Dividend yield (TTM) 2.7% · Above median
Debt / equity 2.21× · Higher than 75% of peers

Valuation Multiples vs Banks - Regional median · lower = cheaper

P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 12.3× · Pricier than median
PEG 0.74× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 74 · sector 33
FUTURE 76 · sector 44
PAST 40 · sector 41
HEALTH 0 · sector 85
DIVIDEND 54 · sector 49

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Banks - Regional stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
PT Bank Central Asia Tbk BBCA 6,350 IDR 4,637 IDR -27%
PT Bank Rakyat Indonesia (Persero) Tbk BBRI 3,110 IDR 3,792 IDR +22%
PT Bank Mandiri (Persero) Tbk BMRI 4,130 IDR 6,067 IDR +47%
Banco Bradesco S.A BBD 5,120 ARS 8,400 ARS +64%
Shinhan Financial Group 055550 103,800 KRW 146,032 KRW +41%
Hana Financial Group 086790 127,900 KRW 210,506 KRW +65%
Lloyds Banking Group LYG 4,138 ARS 8,275 ARS +100%
Banco de Chile, CHILE 186.85 CLP 121.18 CLP -35%
Joint Stock Commercial Bank for Foreign Trade of Vietnam, VCB 59,500 VND 45,959 VND -23%
Woori Financial Group 316140 33,000 KRW 60,758 KRW +84%

Compare KB Financial Group with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Financial Services stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is KB Financial Group (105560) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 220,258 KRW versus a price of 168,500 KRW, about +31% (undervalued).
What is the fair value of 105560?
Our model-based fair value for KB Financial Group is 220,258 KRW (as of Aug 13, 2026), built from audited fundamentals. The current price is 168,500 KRW.
What is the quality score of 105560?
KB Financial Group has a Quality Score of 59/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of KB Financial Group (105560)?
KB Financial Group reported trailing-twelve-month revenue of about 16.5T KRW (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 105560?
The net profit margin of KB Financial Group is about 36.6%, meaning it keeps roughly 36.6% of revenue as net income. Based on the latest reported figures.
Does KB Financial Group pay a dividend?
KB Financial Group currently shows a dividend yield of about 2.68% relative to its recent price (as of Aug 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

14 days Pro free · no card

Track KB Financial Group and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.