Bao Minh Insurance Valuation

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

BMI (₫20200) is trading below our estimate of [[fair value]] (₫25279.07)

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

Valuation Score

2/6

Valuation Score 2/6

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 BMI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BMI (₫20200) is trading below our estimate of fair value (₫25279.07)

Significantly Below Fair Value: BMI is trading below fair value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for BMI. This is calculated by dividing BMI's market cap by their current earnings.
What is BMI's PE Ratio?
PE Ratio	11.7x
Earnings	₫228.96b
Market Cap	₫2.68t

BMI 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	0.4x
Enterprise Value/EBITDA	5.7x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for BMI 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	10.1x
PGI Petrolimex Insurance	11x	n/a	₫2.6t
PTI Post & Telecommunication Insurance	6.6x	n/a	₫2.5t
BIC Bank for Investment and Development of Vietnam Insurance	10.1x	n/a	₫3.9t
VNR Vietnam National Reinsurance	12.4x	n/a	₫3.8t
BMI Bao Minh Insurance	11.7x	n/a	₫2.7t

Price-To-Earnings vs Peers: BMI is expensive based on its Price-To-Earnings Ratio (11.7x) compared to the peer average (10.1x).

Price to Earnings Ratio vs Industry

How does BMI's PE Ratio compare vs other companies in the Asian Insurance Industry?

7 Companies	Price / Earnings	Estimated Growth	Market Cap

7 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: BMI is expensive based on its Price-To-Earnings Ratio (11.7x) compared to the Asian Insurance industry average (11x).

Price to Earnings Ratio vs Fair Ratio

What is BMI'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.

BMI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	11.7x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BMI'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.