BIDV Insurance Corp (BIC) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of BIDV Insurance Corp VND 13,876, price VND 21,550, upside -35.6%, quality 37 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? No
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BIDV Insurance Corp
BIC · VNWeakest SetupStrongly overvalued and low quality.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range 16,768 VND – 47,600 VND · fair‑value band 11,931 VND – 23,605 VND · the 21,550 VND price screens above the 13,876 VND fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 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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Bank for Investment and Development of Vietnam Insurance Joint Stock Corporation engages in non-life insurance, reinsurance, financial investment, and other activities in Vietnam. 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 21,550 VND, while our model-based Fair Value estimate is 13,876 VND, implying the stock looks roughly 55.3% overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 22,518 VND per share, and 2 of the 4 models we run sit above the 21,550 VND price.
Bear case: the Asset-Based group reads lowest at 10,776 VND, and 2 of the 4 models stay below the price. Evidence for this calculation is low.
Scenario range: 11,931 VND (bear) to 23,605 VND (bull), the price of 21,550 VND 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 37/100 (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 4.4T VND · P/E ratio 12.1 · P/S ratio 1.48 · EPS (TTM) 1,775 VND · Net margin 12.2% · Return on equity 14.7% · Return on assets 4.1% · Operating margin 9.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 47 out of 100 (low confidence).
What moves the price
The share trades about 23% below its 52-week high and 6% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −24% fair-value upside, at −36%, BIC screens richer than that median.
Fair Value models
All 4 models by family
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Set up alert →Quality Score breakdown
Of which business quality 39 · Market factors (momentum, volatility) 41
Revenue & earnings trend
Growth Forecast
BIC screens 55% overvalued. 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 · 83 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)
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 |
|---|---|---|---|
| Allianz SE ALV | €430.20 | €242.44 | −44% |
| Zurich Insurance Group ZURN | CHF 579.20 | CHF 325.49 | −44% |
| AXA SA CS | €43.97 | €39.76 | −10% |
| Assicurazioni Generali S.p.A G | €43.32 | €10.92 | −75% |
| Sun Life Financial Inc SLF | $80.71 | $41.22 | −49% |
| American International Group AIG | $75.18 | $70.37 | −6% |
| The Hartford Insurance Group HIG | $126.59 | $133.10 | +5% |
| Arch Capital Group ACGL | $95.16 | $124.45 | +31% |
| Talanx AG TLX | €121.00 | €92.38 | −24% |
| Swiss Life Holding SLHN | CHF 903.20 | CHF 413.93 | −54% |
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Key figures of BIDV Insurance Corp
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