Company Valuation: Asia Commercial Joint Stock Bank

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 93,217,209 73,965,829 92,828,804 115,239,774 123,279,758 131,470,157 - -
Change - -20.65% 25.5% 24.14% 6.98% 6.64% - -
Enterprise Value (EV) 93,217,209 73,965,829 92,828,804 115,239,774 123,279,758 131,470,157 131,470,157 131,470,157
Change - -20.65% 25.5% 24.14% 6.98% 6.64% 0% 0%
P/E 9.86x 5.46x 5.84x 7.03x 7.94x 7.1x 6.24x 5.5x
PBR 2.08x 1.27x 1.31x 1.38x 1.3x 1.19x 1.02x 0.89x
PEG - 0.1x 0.3x 2.26x -1.5x 0.4x 0.5x 0.4x
Capitalization / Revenue 3.96x 2.57x 3.33x 3.71x 4.1x 3.52x 3.07x 2.63x
EV / Revenue 0x 0x 0x 0x 0x 3.52x 3.07x 2.63x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 5.18x 4.5x 3.87x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 - - - 669.2 - 673.2 866.7 877.8
Rate of return - - - 3.37% - 2.97% 3.83% 3.88%
EPS 2 1,628 2,332 2,738 2,823 2,674 3,192 3,630 4,119
Distribution rate - - - 23.7% - 21.1% 23.9% 21.3%
Net sales 1 23,563,997 28,790,067 27,881,907 31,033,487 30,052,435 37,350,750 42,769,475 50,065,454
EBITDA - - - - - - - -
EBIT 1 15,334,221 17,185,022 21,872,230 22,612,156 22,873,524 25,365,000 29,183,286 33,950,750
Net income 1 9,602,746 13,688,193 16,044,733 16,789,768 15,624,699 17,911,317 21,241,234 25,021,193
Net Debt - - - - - - - -
Reference price 2 16,059.69 12,743.01 15,992.77 19,853.79 21,238.94 22,650.00 22,650.00 22,650.00
Nbr of stocks (in thousands) 5,804,422 5,804,422 5,804,422 5,804,422 5,804,422 5,804,422 - -
Announcement Date 1/25/22 3/9/23 1/26/24 1/22/25 1/28/26 - - -
1VND in Million2VND
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.01x - - 1.78% 942B
13.07x - - 1.95% 428B
6.2x - - 5% 396B
12.5x - - 4.18% 350B
5.94x - - 5.13% 313B
17.85x - - 2.41% 284B
6.27x - - 5.01% 277B
11.63x - - 2.24% 257B
14.53x - - 2.73% 255B
Average 11.33x 3.38% 389.13B
Weighted average by Cap. 11.70x 3.11%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. ACB Stock
  4. ACB Stock
  5. Valuation Asia Commercial Joint Stock Bank