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Asia Commercial Joint Stock Bank (ACB) Fair Value & Analysis

Financial Services · VN · Market cap 117T VND

AC Asia Commercial Joint Stock Bank ACB · VN
Price22,400 VND
Fair Value44,800 VND
Upside+100.0%
Quality95/100
Evidence: High Range 33,600 VND – 56,000 VND

Fair value as of: Jun 26, 2026

From 19 valuation models · updated 3 days ago

Fair value updated Jun 26, 2026 — revised from 44,700 VND to 44,800 VND (+0.2%) since Jun 25, 2026. Share price −8.0% over the past month.

Price vs Fair Value (12 months)

28,807 VND 20,737 VND Fair Value 44,800 VND Jun 2025 Jun 2026

12‑month range 20,737 VND – 28,807 VND · fair‑value band 33,600 VND – 56,000 VND · the 22,400 VND price screens below the 44,800 VND fair value. As of Jun 26, 2026.

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Analysis

Asia Commercial Joint Stock Bank (ACB) currently trades at 22,400 VND, while our model-based Fair Value estimate is 44,800 VND — implying the stock looks roughly 100.0% undervalued today. We read business quality at 95/100 (high quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Asia Commercial Joint Stock Bank generated revenue of 31.4T VND at a net margin of 51.8%. Revenue grew 12.7% year over year. It earns a return on equity of 17.5%. The stock trades on a trailing P/E of 8.5. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 31.4T VND
Revenue growth (YoY) +12.7%
Net margin 51.8%
Return on equity 17.5%
Free cash flow 27.5T VND FY2025
P/E ratio 8.5
More key figures
Operating margin 67.4%
EPS (TTM) 3,148 VND
EPS growth (YoY) +17.5%

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

Asia Commercial Joint Stock Bank provides various banking products and services to personal and business customers in Vietnam. It offers term and demand deposits, current accounts, and time deposits; credit, debit, prepaid, and corporate cards; and life, health, home, motor vehicle, cargo, property all risk, fire and special perils, installation and construction, ship, business interruption, and other insurance products. The company also provides consumer and business loans, including working capital loans, business loans, loans secured by savings books and valuable papers, fixed asset loans, home mortgage, home construction and renovation loans, secured personal loans, car and auto loans, 247 online disbursements, overdrafts, domestic commercial contract financing, commercial construction contract financing, auto distributor/dealer finance, fixed asset investment/investment project financing, real estate project finance, and financing solutions for enterprise in industrial parks. I…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Asia Commercial Joint Stock Bank reported revenue of 32.8T VND in FY2025 versus 23.4T VND in FY2021, a compound +8.8%/yr. Reported net income was 15.6T VND in FY2025, compounding +12.9%/yr from FY2021.

Revenue +8.8%/yr
FY21 23.4T VND
FY22 28.3T VND
FY23 32.0T VND
FY24 32.9T VND
FY25 32.8T VND
Net income +12.9%/yr
FY21 9.6T VND
FY22 13.7T VND
FY23 16.0T VND
FY24 16.8T VND
FY25 15.6T VND

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Similar stocks

6 more Banks - Regional stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).

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ICICI Bank Limited ICICIBANK ₹1,293 ₹919.10 -29%
PT Bank Central Asia Tbk BBCA 6,225 IDR 6,617 IDR +6%
PT Bank Rakyat Indonesia (Persero) Tbk BBRI 2,880 IDR 5,760 IDR +100%
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Frequently asked questions

Is Asia Commercial Joint Stock Bank (ACB) undervalued?
As of Jun 26, 2026, our model estimates a fair value of 44,800 VND versus a price of 22,400 VND — about +100% (undervalued). Model-based estimate, not financial advice.
What is the fair value of ACB?
Our 21-model fair value for Asia Commercial Joint Stock Bank is 44,800 VND (as of Jun 26, 2026), built from audited fundamentals. The current price is 22,400 VND.
What is the quality score of ACB?
Asia Commercial Joint Stock Bank has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Asia Commercial Joint Stock Bank (ACB)?
Asia Commercial Joint Stock Bank reported trailing-twelve-month revenue of about 31.4T VND (latest available figure, as of Jun 26, 2026).
What is the net profit margin of ACB?
The net profit margin of Asia Commercial Joint Stock Bank is about 51.8%, meaning it keeps roughly 51.8% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.