BIDV Insurance Corp (BIC) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of BIDV Insurance Corp stock VND 13,872, price VND 18,650, that is 25.6% below the price, quality 38 out of 100. Rating: overvalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
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BIDV Insurance Corp
BIC · VNOur calculation puts a fair price 26% below what the stock costs today.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range 17,669 VND – 47,600 VND · fair‑value band 11,977 VND – 18,377 VND · the 18,650 VND price screens above the 13,872 VND fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Company profile
Bank for Investment and Development of Vietnam Insurance Joint Stock Corporation engages in non-life insurance, reinsurance, financial investment, and other activities in Vietnam.
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The company provides health insurance, including combined personal, BIC care, worker's compensation, and 24/24 personal accident insurance products; travel and international travel insurance products; and car, motorcycle, home, and theft and burglary insurance products.
It offera corporate insurance, including ATM insurance, fire and special perils, compulsory fire and exploration, and property all risks insurance; constructors' all risk/erection all risk, contractors' plant and machinery, boiler and pressure vessel, and electronic equipment insurance; inland transit and import-export cargo insurance; marine hull, insurance for crew, and ship builder risk insurance; public and product liability insurance, and insurance for civil liabilities of shipowners; and money and surety bond insurance products.
In addition, the company offers bancassurance, such as BIC Binh An and BIC home care insurance products. The company was founded in 2010 and is headquartered in Hanoi, Vietnam.
Bank for Investment and Development of Vietnam Insurance Joint Stock Corporation Is a subsidiary of Joint Stock Commercial Bank for Investment and Development of Vietnam.
Stock analysis
BIDV Insurance Corp (BIC) currently trades at 18,650 VND, while our model-based Fair Value estimate is 13,872 VND, 26% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 28,625 VND per share, and 2 of the 6 models we run sit above the 18,650 VND price.
Bear case: the Dividend Discount group reads lowest at 8,185 VND, and 4 of the 6 models stay below the price. Data coverage for this calculation is low.
Scenario range: 11,977 VND (bear) to 18,377 VND (bull), the price of 18,650 VND sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 38/100 (below-average quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
BIDV Insurance Corp reported revenue of 4.5T VND in FY2025 versus 2.5T VND in FY2021, a compound +15.8%/yr. Reported net income was 543B VND in FY2025, compounding +8.2%/yr from FY2021.
Key figures
Market cap 3.8T VND (≈ $147M) Micro · P/E ratio 8.9 · P/S ratio 0.78 · EPS (TTM) 2,103 VND · Net margin 8.9% · Return on equity 13.4% · Return on assets 3.8% · Operating margin 14.8%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 52 out of 100 (low confidence).
What moves the price
The share trades about 30% below its 52-week high and 2% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −31% fair-value upside, at −26%, BIC screens cheaper than that median.
Fair Value models
All 6 models by family
The fair value above starts from this blend and is adjusted for dilution from new shares.
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
Growth Forecast
BIC screens overvalued: fair value 26% below the price. Compare with Allianz SE →
Compare BIDV Insurance Corp with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Insurance - Diversified · 73 stocks
Valuation Multiplesvs Insurance - Diversified median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- EBIT margin by industry
- P/S ratio by industry
- Stock screener with 62 metrics
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Insurance - Diversified stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Arch Capital Group ACGL | $107.28 | $133.22 | +24% | vs BIC |
| American International Group AIG | $77.75 | $73.25 | −6% | vs BIC |
| The Hartford Insurance Group HIG | $133.99 | $115.03 | −14% | vs BIC |
| AXA SA CS | €44.68 | €35.31 | −21% | vs BIC |
| Talanx AG TLX | €129.90 | €89.76 | −31% | vs BIC |
| Sun Life Financial Inc SLF | $71.53 | $40.29 | −44% | vs BIC |
| Zurich Insurance Group ZURN | CHF 630.20 | CHF 322.32 | −49% | vs BIC |
| Allianz SE ALV | €451.10 | €229.28 | −49% | vs BIC |
| Assicurazioni Generali S.p.A G | €43.73 | €22.17 | −49% | vs BIC |
| Swiss Life Holding SLHN | CHF 971.20 | CHF 413.28 | −57% | vs BIC |
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