Southeast Asia Commercial Bank Valuation

Is SSB undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of SSB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SSB (₫16900) is trading above our estimate of fair value (₫13356.11)

Significantly Below Fair Value: SSB is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SSB?

Key metric: As SSB is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for SSB. This is calculated by dividing SSB's market cap by their current earnings.
What is SSB's PE Ratio?
PE Ratio	13.5x
Earnings	₫3.56t
Market Cap	₫47.91t

SSB key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does SSB's PE Ratio compare to its peers?

The above table shows the PE ratio for SSB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	6.2x
STB Saigon Thuong Tin Commercial Bank	6.9x	29.9%	₫62.3t
HDB Ho Chi Minh City Development Commercial Bank	5.5x	n/a	₫72.2t
VIB Vietnam International Commercial Bank	7.7x	15.5%	₫54.5t
SHB Saigon - Hanoi Commercial Bank	4.9x	n/a	₫37.5t
SSB Southeast Asia Commercial Bank	13.5x	n/a	₫47.9t

Price-To-Earnings vs Peers: SSB is expensive based on its Price-To-Earnings Ratio (13.5x) compared to the peer average (6.2x).

Price to Earnings Ratio vs Industry

How does SSB's PE Ratio compare vs other companies in the Asian Banks Industry?

3 Companies	Price / Earnings	Estimated Growth	Market Cap

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: SSB is expensive based on its Price-To-Earnings Ratio (13.5x) compared to the Asian Banks industry average (8.5x).

Price to Earnings Ratio vs Fair Ratio

What is SSB's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SSB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	13.5x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SSB's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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