Company Valuation: Commercial Bank for Foreign Trade of Vietnam

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 372,923,177 378,601,326 448,804,028 509,725,123 480,451,318 493,820,398 - -
Change - 1.52% 18.54% 13.57% -5.74% 2.78% - -
Enterprise Value (EV) 372,923,177 378,601,326 448,804,028 509,725,123 480,451,318 493,820,398 493,820,398 493,820,398
Change - 1.52% 18.54% 13.57% -5.74% 2.78% 0% 0%
P/E 13.3x 12.7x 14.7x 15.1x 13.7x 12.9x 11.2x 9.58x
PBR 2.63x 2.75x 2.72x 2.56x 2.14x 1.88x 1.62x 1.4x
PEG - 1.83x 7.78x 1.4x 3.44x 1.45x 0.7x 0.6x
Capitalization / Revenue 6.58x 5.56x 6.63x 7.43x 6.64x 5.61x 4.99x 4.34x
EV / Revenue 0x 0x 0x 0x 0x 5.61x 4.99x 4.34x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 8.65x 7.55x 6.28x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 679.7 - - - - 553 655.3 763.8
Rate of return 1.52% - - - - 0.94% 1.11% 1.29%
EPS 2 3,346 3,577 3,645 4,049 4,210 4,584 5,286 6,168
Distribution rate 20.3% - - - - 12.1% 12.4% 12.4%
Net sales 1 56,711,075 68,082,767 67,723,462 68,578,497 72,357,586 88,018,297 98,951,194 113,702,850
EBITDA - - - - - - - -
EBIT 1 39,136,497 46,822,878 45,808,563 45,551,135 47,205,296 57,104,243 65,408,412 78,682,400
Net income 1 21,908,052 29,892,285 33,033,203 33,831,396 35,178,155 42,535,367 46,508,587 54,962,966
Net Debt - - - - - - - -
Reference price 2 44,630.85 45,310.50 53,712.37 61,003.34 57,500.00 59,100.00 59,100.00 59,100.00
Nbr of stocks (in thousands) 8,355,727 8,355,708 8,355,691 8,355,691 8,355,675 8,355,675 - -
Announcement Date 1/28/22 1/31/23 4/1/24 1/24/25 1/30/26 - - -
1VND in Million2VND
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.89x - - 0.94% 18.91B
13.91x - - 1.79% 935B
13.18x - - 1.93% 431B
6.22x - - 4.98% 394B
12.65x - - 4.12% 355B
6.01x - - 5.07% 317B
17.75x - - 2.43% 285B
6.27x - - 5.01% 273B
11.48x - - 2.27% 254B
14.12x - - 2.81% 248B
Average 11.45x 3.14% 351.11B
Weighted average by Cap. 11.67x 3.1%

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. VCB Stock
  4. Valuation Commercial Bank for Foreign Trade of Vietnam