Bank Of E Asia (0023) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Bank Of E Asia stock HK$16.73, price HK$17.80, that is 6.0% below the price, quality 58 out of 100. Rating: fairly valued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range HK$6.14 – HK$19.79 · fair‑value band HK$12.55 – HK$20.91 · the HK$17.80 price screens above the HK$16.73 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 6, 2026.
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The Bank of East Asia, Limited, together with its subsidiaries, provides various banking and related financial services.
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It operates through eight segments: the Hong Kong Operations " Personal Banking; Hong Kong Operations " Wholesale Banking; Hong Kong Operations " Treasury Markets; Hong Kong Operations " Wealth Management; Hong Kong Operations " Others; Chinese Mainland Operations; and Overseas, Macau and Taiwan Operations.
The company offers syndicated loans, trade finance, deposit-taking, foreign currency savings, remittances, mortgage loans, consumer loans, credit cards, cyberbanking, retail investment and wealth management services, private banking, Renminbi services, foreign exchange margin trading, broking services, and mandatory provident fund services.
The Bank of East Asia, Limited was incorporated in 1918 and is headquartered in Central, Hong Kong.
Stock analysis
Bank Of E Asia (0023) currently trades at HK$17.80, while our model-based Fair Value estimate is HK$16.73, so the stock looks roughly fairly valued today (gap 6.4%).
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Valuation
Bull case: the Economic Profit group reads highest at a median of HK$28.04 per share, and 2 of the 6 models we run sit above the HK$17.80 price.
Bear case: the Dividend Discount group reads lowest at HK$11.64, and 4 of the 6 models stay below the price. Data coverage for this calculation is high.
Scenario range: HK$12.55 (bear) to HK$20.91 (bull), the price of HK$17.80 sits inside 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 58/100 (solid quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Bank Of E Asia reported revenue of HK$37.6B in FY2025 versus HK$23.9B in FY2021, a compound +12.0%/yr. Reported net income was HK$3.5B in FY2025, compounding −9.7%/yr from FY2021.
Key figures
Market cap HK$47.2B (≈ $6.0B) Mid · P/E ratio 14.5 · P/S ratio 1.35 · Dividend yield 3.8% · Net margin 9.3% · Return on equity 3.3% · Return on assets (EBIT) 0.6% (5-year average) · Operating margin 41.3%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 56 out of 100 (low confidence).
What moves the price
The share trades about 10% below its 52-week high and 46% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −28% fair-value upside, at −6%, 0023 screens cheaper than that median.
Fair Value models
BearHK$12.55Fair Value HK$16.73BullHK$20.91
Price HK$17.80 · Downside -6.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.78/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+143.7%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+8.2%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+6.6%
Start year 2020 (pandemic). Over 10 years: +10.2% a year
Revenue growth 25 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+8.4%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+5.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year+1.3%
Dividend (yield on the price)3.8%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.1.3% vs −4.7%, picking up
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.13% → 12%
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 2.4%/yr over ~10Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
News mood ⓘNews mood, the average tone of recent news (41 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Very negative
Price, fair value, quality and upside side by side.
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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.Banks - Regional · 996 stocks
Beats the industry median on 9/15 measures
Overall it ranks above its industry peers.
Valuation
Quality Score58 · Above median
Fair Value upside−6.0% · Above median
Profitability
Return on equity (12 months)3.3% · Bottom 25%
Return on assets0.4% · Bottom 25%
Net margin (12 months)22.1% · Bottom 25%
Operating margin (12 months)41.3% · Above median
Growth and dividend
Revenue growth (quarter YoY)6.4% · Below median
Dividend yield (12 months)3.8% · Above median
Balance sheet
Debt / equity0.19× · Below median
Valuation Multiplesvs Banks - Regional median · lower = cheaper
P/E (12 months)14.5× · Priciest 25%
P/B0.45× · Cheapest 25%
P/S (12 months)2.98× · Cheaper than median
Price / free cash flow (fiscal year)7.3× · Cheaper than median
EV/EBITDA2.6× · Cheapest 25%
PEG1.67× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)25· sector 8
FUTURE (revenue growth)32· sector 47
PAST (return on equity)13· sector 43
HEALTH (low debt)–
DIVIDEND (yield)76· sector 53
HEALTH: for banks, insurers and similar financial firms borrowed money is part of the business, so we do not rate debt here.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Bank Of E Asia Fair Value". https://www.fairvalue-calculator.com/stock/0023
Frequently asked questions
Is Bank Of E Asia (0023) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of HK$16.73 versus a price of HK$17.80, about 6% lower (fairly valued).
What is the fair value of 0023?
Our model-based fair value for Bank Of E Asia is HK$16.73 (as of Nov 6, 2026), built from audited fundamentals. The current price: HK$17.80.
What is the quality score of 0023?
Bank Of E Asia has a Quality Score of 58/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Bank Of E Asia (0023)?
Our model-based price target is the fair value of HK$16.73 (as of Nov 6, 2026) from 6 valuation models. Cautious scenario HK$12.55, optimistic scenario HK$20.91. It is a calculation from audited fundamentals, not an analyst target.
What is the Bank Of E Asia stock forecast for 2026?
Our models put fair value at HK$16.73, about 6% lower versus a price of HK$17.80 (fairly valued). Cautious scenario HK$12.55, optimistic scenario HK$20.91. The calculation is refreshed regularly with new filings.
What is the revenue of Bank Of E Asia (0023)?
Bank Of E Asia reported trailing-twelve-month revenue of about HK$15.9B (latest available figure, as of Nov 6, 2026).
Does Bank Of E Asia pay a dividend?
Bank Of E Asia currently shows a dividend yield of 3.82% relative to its recent price (as of Nov 6, 2026).
How much is the dividend of Bank Of E Asia (0023) and when is the ex-dividend date?
Bank Of E Asia pays a dividend of HK$0.68 per share a year, a dividend yield of 3.8%. The last ex-dividend date was Sep 2, 2026. A dividend has been paid every year since at least 1990. The payout ratio is 51.6% of earnings. Our assessment: Low payout. A low payout ratio: the dividend takes at most 60 % of earnings. Whether free cash flow covers it as well, we cannot see for this company.
What is the intrinsic value of Bank Of E Asia (0023)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Bank Of E Asia it is HK$16.73 per share (as of Nov 6, 2026), against a price of HK$17.80. It is the blended result of 6 valuation models in 4 families (Dividend Discount, Multiples, Asset-Based, Economic Profit).
Is Bank Of E Asia stock overvalued or undervalued in 2026?
As of Nov 6, 2026, 0023 trades above its calculated fair value: price HK$17.80, fair value HK$16.73, a gap of about −6% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 0023?
No. The price is what the market pays today (HK$17.80); the fair value is what the company's own numbers justify (HK$16.73). For Bank Of E Asia the two are HK$1.07 per share apart. That gap is exactly why we show both numbers side by side.
How much is Bank Of E Asia worth?
The market values Bank Of E Asia at about HK$47.2B (market capitalisation, as of Nov 6, 2026). Per share that is HK$17.80; our models calculate a fair value of HK$16.73 per share.
What do the bullish and bearish scenarios say about 0023?
Our models span a range for Bank Of E Asia: cautious scenario HK$12.55, base HK$16.73, optimistic HK$20.91 per share (as of Nov 6, 2026, price HK$17.80). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 0023?
Bank Of E Asia trades at a price-to-earnings ratio of 14.5 (as of Nov 6, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of HK$16.73 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 10.4. Other multiples: PEG 1.7, P/B 0.5, P/S 3.0, EV/EBITDA 2.6.
What is the PEG ratio of 0023?
The PEG ratio of Bank Of E Asia is 1.67 (P/E divided by earnings growth, as of Nov 6, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Bank Of E Asia (0023)?
Balance-sheet figures for Bank Of E Asia (as of Nov 6, 2026): return on equity 3.3%, debt of 0.19 per unit of equity. They feed the Quality Score of 58/100, which measures business quality independently of the share price.
How far is 0023 from its 52-week high?
Bank Of E Asia trades at HK$17.80, about 10% below its 52-week high of HK$19.79 and 46% above the low of HK$12.19 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of HK$16.73 is for.
Which stocks are comparable to Bank Of E Asia?
From the same area (Financial Services) we also value China Merchants Bank Co, DBS Group, UniCredit S.p.A, Mizuho Financial Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Bank Of E Asia stock attractive at the current price?
The data as of Nov 6, 2026: price HK$17.80, calculated fair value HK$16.73 (−6%), Quality Score 58/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 0023 calculated?
We run Bank Of E Asia through 6 models from 4 families: Dividend Discount, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of HK$16.73 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Bank Of E Asia itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Bank Of E Asia (0023)?
The closing price on Nov 6, 2026 was HK$17.80. Our model-based fair value is HK$16.73, about 6% lower (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Bank Of E Asia right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Where does the earnings growth of Bank Of E Asia (0023) come from?
Earnings per share at Bank Of E Asia grew −2.9 % a year from 2014 to 2025. Broken into its drivers: revenue per share +4.3 %, EBIT margin −4.7 %, tax rate −0.2 %, residual (interest, one-offs) −2.1 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Bank Of E Asia
How large is the market capitalisation of Bank Of E Asia (0023)?
The market capitalisation of Bank Of E Asia is HK$47.2B (≈ $6.0B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Bank Of E Asia (0023)?
The price-to-sales ratio of Bank Of E Asia is 1.35 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the dividend yield of Bank Of E Asia (0023)?
The dividend yield of Bank Of E Asia is 3.8%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Bank Of E Asia (0023)?
The net margin of Bank Of E Asia is 9.3% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Bank Of E Asia (0023)?
The return on equity (ROE) of Bank Of E Asia is 3.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Bank Of E Asia (0023)?
On an EBIT basis the return on assets of Bank Of E Asia is 0.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Bank Of E Asia (0023)?
The operating margin of Bank Of E Asia is 41.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Bank Of E Asia (0023)?
Revenue at Bank Of E Asia is growing +6.4% versus a year earlier (3y avg +8.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Bank Of E Asia (0023)?
Earnings per share at Bank Of E Asia are growing +6.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Bank Of E Asia (0023) generate?
The free cash flow of Bank Of E Asia is HK$6.5B (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Bank Of E Asia (0023) hold?
Bank Of E Asia holds more cash than debt, HK$24.6B net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Broad data
Nov 6, 2026