Financials Military CommercialBank

Equities

MBB

VN000000MBB5

Banks

End-of-day quote Ho Chi Minh S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
22,250 VND 0.00% Intraday chart for Military CommercialBank -1.98% +19.30%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2024 2025 2026
Capitalization 1 48,374,129 63,693,862 109,193,499 77,531,163 117,637,620 - -
Enterprise Value (EV) 1 48,374,129 63,693,862 109,193,499 77,531,163 117,637,620 117,637,620 117,637,620
P/E ratio 5.78 x 7.68 x 8.6 x 4.43 x 4.83 x 4.08 x 3.25 x
Yield 2.65% - - 2.92% 3.6% 3.82% 3.6%
Capitalization / Revenue 2.69 x 3.14 x 4.17 x 2.15 x 2.27 x 1.92 x 1.37 x
EV / Revenue 2.69 x 3.14 x 4.17 x 2.15 x 2.27 x 1.92 x 1.37 x
EV / EBITDA - - - - - - -
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book 1.27 x 1.33 x 1.83 x 1.02 x 1.01 x 0.82 x 0.66 x
Nbr of stocks (in thousands) 4,982,652 5,159,203 5,214,084 5,214,084 5,287,084 - -
Reference price 2 9,709 12,346 20,942 14,870 22,250 22,250 22,250
Announcement Date 1/23/20 1/21/21 1/28/22 3/20/23 - - -
1VND in Million2VND
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2024 2025 2026
Net sales 1 17,999,997 20,277,795 26,199,554 36,023,122 51,841,936 61,398,402 85,970,283
EBITDA - - - - - - -
EBIT 1 14,926,742 16,806,716 24,557,310 30,776,997 50,400,000 46,737,214 56,326,000
Operating Margin 82.93% 82.88% 93.73% 85.44% 97.22% 76.12% 65.52%
Earnings before Tax (EBT) 1 10,036,119 10,688,276 16,527,259 22,729,320 33,436,600 37,637,852 43,277,000
Net income 1 7,822,773 8,262,659 12,697,075 17,482,735 25,296,190 28,246,864 34,135,000
Net margin 43.46% 40.75% 48.46% 48.53% 48.79% 46.01% 39.71%
EPS 2 1,678 1,607 2,436 3,353 4,603 5,457 6,856
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 256.9 - - 434.8 800.0 850.0 800.0
Announcement Date 1/23/20 1/21/21 1/28/22 3/20/23 - - -
1VND in Million2VND
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 S1 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 12,514,572 - - - - - 10,227,193 9,481,370 12,052,538 9,062,293 13,012,358 13,854,165 14,943,603 15,442,364 16,667,519
EBITDA - - - - - - - - - - - - - - -
EBIT - - - - - - - - - - - - - - -
Operating Margin - - - - - - - - - - - - - - -
Earnings before Tax (EBT) - - - - - - - - - - - - - - -
Net income 6,148,835 - - - - - - - - - - - - - -
Net margin 49.13% - - - - - - - - - - - - - -
EPS 2 - 676.8 - - - - 963.5 938.3 1,107 869.0 1,062 1,135 1,234 1,250 1,358
Dividend per Share 2 - - - - - 434.8 - - - - - - - - -
Announcement Date 7/21/21 1/28/22 6/20/22 9/20/22 12/20/22 3/20/23 4/27/23 7/31/23 10/30/23 4/22/24 - - - - -
1VND in Million2VND
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2024 2025 2026
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) 22.1% 19.2% 23.6% 25.8% 23.2% 22.4% 22.3%
ROA (Net income/ Total Assets) 2.02% 1.82% 2.3% 2.62% 2.3% 2.65% 2.65%
Assets 1 386,902,072 453,235,201 551,088,325 667,835,642 1,099,834,330 1,067,934,367 1,288,113,208
Book Value Per Share 2 7,626 9,273 11,426 14,566 21,999 26,996 33,639
Cash Flow per Share - - - - - - -
Capex - - - - - - -
Capex / Sales - - - - - - -
Announcement Date 1/23/20 1/21/21 1/28/22 3/20/23 - - -
1VND in Million2VND
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
22,250 VND
Average target price
33,239 VND
Spread / Average Target
+49.39%
Consensus
  1. Stock Market
  2. Equities
  3. MBB Stock
  4. Financials Military CommercialBank