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Thurgauer Kantonalbank stock

TKBP.SWSIX

Financial ServicesISIN CH0231351104

$210.27▼ $0.60 (−0.3%)Closing price of 12 Nov 2026

59Score 59 out of 100, Neutral

Turn on early warning

Price and trend

58 / 100

Price history

+11% in one year

The chart shows daily closes over 13 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.

Long-term trend

Below the 200-day line: the price is 0.3% below it.

Trend change

Since August 2026 the 50-day line has been below the 200-day line; the trend has turned down.

Momentum

Overheated: the price has risen very quickly lately (RSI 84).

Distance to the high

The price is 9.1% below its 52-week high. Largest decline in 13 years: 22% (February 2020 to March 2020).

Chart figures for advanced users
SMA 50$194.98
Average price of the last 50 trading days, shows the short-term trend.
SMA 200$210.94
Average price of the last 200 trading days, shows the long-term trend.
RSI (14)84
Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
MACDabove the signal line
Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
Support$187.98
The lowest closing price of the last twelve months.
Resistance$231.36
The highest closing price of the last twelve months.
Market cap
$843.5M
Div. yield
2.06%
12 months
4.3
Fair value
$777.86

Snapshot

Computed from the data by fixed rules, no AI

  • Thurgauer Kantonalbank belongs to the Banks (Regional) industry (Switzerland) and, with a market value of $841.09M, is number 316 of 422 companies in its industry on MEQIRI.
  • In fiscal 2025 it earned $195.52M (up 2.7% year on year).
  • MEQIRI Score 59 out of 100 (Neutral): rank 752 of 976 in Financial Services, median 68.
Show more
  • The P/E is 4.3 (Banks (Regional) median 12.2, own median of recent years 14.8).
  • Our model puts fair value at $777.86, with the price 73% below it.

In plain words

The numbers on this page in plain words, written by an AI

Strengths

  • Modestly valuedP/E 4.3, Banks (Regional) median 12.2, own median 14.8.Valuation 100
  • Below fair valuePrice 73% below the fair value of $777.86.Valuation 100
  • Consistently profitableProfit in all 10 fiscal years from 2016 to 2025.Fundamentals 73

Weaknesses

  • Low return on equityReturn on equity 6.8% over the last 12 months.Profitability 36
59/ 100
MEQIRI Score
Neutral

Its standout strengths are valuation and fundamentals, while growth and profitability hold the score back.

Daily figure as of 12 Nov 2026

How the score is calculated

Score overview

The fundamentals are strong overall.

Profit consistency100% of years
Cash conversion (free cash flow to earnings)not used for financials
ROE (12 months)6.8%
Positive free cash flownot used for financials
How this category is measured

Score history

The full history of up to 20 years comes with MEQIRI Pro.

See plans

Crash risk low

How well MEQIRI warns

One of the 30% with the lowest crash risk among smaller stocks.

From 2016 to 2025, 14 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.

What lowers it

  • calm price action

Valuation

Valuation signal

Significantly undervalued
Price
$210.88
Fair value
$777.86
Gap to fair value
−73%

Closing price of 11 Nov 2026, used by the daily score.

In our model the price counts as cheap below $648.21 and expensive above $972.32 (uncertainty low, based on the price swings of the past year).

The two parts of the fair value come to $955.29 (excess return model) and $600.42 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is below both.

Calculated with a cost of equity of 5.6%. At 6.6% the fair value would be $698.25, at 4.6% it would be $897.27.

Valuation metrics

0.23
6.8%
last 12 months, profit over average equity
Fair value (model)
$777.86
Earnings part $600.42 (earnings per share $49.09 × 12.2)

Half from the excess return model, half from earnings times the industry P/E (12.2).

Calculate with your own assumptions

Company performance

This shows several years of history with an automatic assessment.

Revenue

14 years

In the twelve months to 30 Jun 2026, revenue rose 4.6% on the twelve months before. Revenue has grown solidly since 2012, at about 4% per year.

Margins

14 years
  • Operating margin
  • Net margin

In fiscal 2025: operating 39%, net 35%. Banks and insurers have no gross margin, and their net margin is not comparable with other industries. The score leaves both out.

Debt & balance sheet

latest quarter
4.37
Equity
$3.62B
5.37
Cash & equivalents
$7.07B

For banks and insurers, deposits and liabilities are the business. Debt to equity and the current ratio say little here, and the score does not rate them.

Earnings

Next earnings
No date announced.
Last reported
13 Aug 2026EPS reported $24.59

Analyst estimates

Earnings estimates have barely changed since 15 Oct 2026.

Fiscal 20261 analyst
Earnings per share
$10.190.0%
Revenue
$549.88M0.0%
Fiscal 20271 analyst
Earnings per share
$10.810.0%
Revenue
$557.49M0.0%

MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.

What happened at Thurgauer Kantonalbank

The key events of the last six months from our own data. A click takes you to the matching card.

Sector comparison

976 rated companies in Financial Services

Rank 752 of 976
752/ 976
This company
59
Sector median
68

Categories against the sector median

ProfitabilityMedian of 976 companies36 (median 57)21 below the median
GrowthMedian of 976 companies40 (median 67)27 below the median
FundamentalsMedian of 976 companies73 (median 80)7 below the median
ValuationMedian of 929 companies with a value100 (median 73)27 above the median
StabilityMedian of 976 companies72 (median 78)6 below the median
Capital allocationMedian of 976 companies54 (median 56)2 below the median
Technical analysisMedian of 976 companies58 (median 70)12 below the median
MomentumMedian of 976 companies64 (median 70)6 below the median

The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.

Competitors in Banks (Regional)

The next larger and next smaller companies by market value

All 422 Banks (Regional) stocks

Data status and sources

Score
Daily value of 12 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Currency
Amounts in US dollars, converted at the ECB reference rate of 11 Nov 2026 ($1 = CHF 0.8299)
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Neutral, published since 7 Nov 2026 (in the score history since 14 Aug 2026)
  • Valuation signal Undervalued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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