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STOCK COMPARISON

Oversea-chinese Banking vs Bank Central Asia Tbk: Fair Value & Quality

Both stocks run through our valuation models. Here is how Oversea-chinese Banking (O39) and Bank Central Asia Tbk (BBCA) compare, as of Aug 8, 2026.

As of Aug 8, 2026, Fair Value Calculator sees Bank Central Asia Tbk as the less overvalued of the two: Oversea-chinese Banking trades at S$29.33 versus a fair value of S$21.49 (-27%), while Bank Central Asia Tbk trades at IDR 6,350 versus IDR 6,087 (-4%).
Oversea-chinese Banking
O39.SG · SGD · Financials
-27%
upside to fair value
overvalued
PriceS$29.33
Fair ValueS$21.49
Quality72/100
Bank Central Asia Tbk
BBCA.JK · IDR · Financials
-4%
upside to fair value
fairly valued
PriceIDR 6,350
Fair ValueIDR 6,087
Quality59/100

Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

Oversea-chinese BankingBank Central Asia Tbk
Valuation
17.4×P/E (TTM)13.1×
7.13×P/S (TTM)6.99×
1.61×P/B2.70×
EV/EBITDA9.0×
3.26×PEG2.86×
Dividend yield5.4%
Dividend per shareIDR 336
Profitability
53%Net margin53%
58%Operating margin68%
12%Return on equity23%
1%Return on assets4%
Growth
5%Revenue growth (YoY)3%
9.1%Avg. growth/yr (3Y)9.3%
7.6%Avg. growth/yr (5Y)10.2%
Balance & size
0.39×Debt / equity
$101BMarket cap$76B
healthyGrowth qualityhealthy

Bank Central Asia Tbk leads: 2 to 9 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Oversea-chinese Bankingof which business quality 55 · market factors 97 Bank Central Asia Tbkof which business quality 57 · market factors 43
ProfitabilityMargins and returns on capital today
36
45
Quality GrowthAre margins and returns improving?
50
46
CashflowEarnings quality: real cash, not paper profit
85
89
Fin. StrengthBalance sheet, leverage, solvency risk
23
19
InvestmentDisciplined investing over empire-building
69
75
Low VolatilityCalm price path (market factor)
99
79
MomentumPrice trend over the last 3–12 months (market factor)
94
29
52W MomentumDistance to the 52-week high (market factor)
100
26
Net IssuanceBuybacks instead of dilution
83
82

What the models say

The median fair value (base case) per model family, each in the currency of its trading venue. Green = above the current price, red = below.

Oversea-chinese Banking

DCF ModelsS$30.24
Earnings-BasedS$13.59
Dividend DiscountS$17.34
MultiplesS$24.01
Asset-BasedS$9.32
Growth DCFS$27.67
Economic ProfitS$16.30
Growth EarningsS$29.41

18 of 26 models see the stock below the current price.

Bank Central Asia Tbk

DCF ModelsIDR 11,901
Earnings-BasedIDR 5,663
MultiplesIDR 7,755
Asset-BasedIDR 1,535
Growth DCFIDR 10,556
Economic ProfitIDR 5,973
Growth EarningsIDR 8,213

9 of 24 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

Oversea-chinese Banking
Bear S$16.12Fair Value S$21.49Bull S$26.86
S$29.33 = current price (white tick)
Bank Central Asia Tbk
Bear IDR 4,565Fair Value IDR 6,087Bull IDR 7,609
IDR 6,350 = current price (white tick)

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Oversea-chinese Banking · Financials

Quality score72 · Top 25%
Fair value upside-27% · below median

Bank Central Asia Tbk · Financials

Quality score59 · above median
Fair value upside-4% · below median

Bottom line

As of Aug 8, 2026, Fair Value Calculator sees Bank Central Asia Tbk as the less overvalued of the two: Oversea-chinese Banking trades at S$29.33 versus a fair value of S$21.49 (-27%), while Bank Central Asia Tbk trades at IDR 6,350 versus IDR 6,087 (-4%).

Oversea-chinese Banking has the higher quality score (72/100).

See the full analysis →

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A model-based valuation snapshot from 21 models. Values change with price and fundamentals; the date shown above applies.