Financials BIDV Securities

Equities

BSI

VN000000BSI7

Investment Banking & Brokerage Services

End-of-day quote Ho Chi Minh S.E. 06:00:00 2024-07-11 pm EDT 5-day change 1st Jan Change
48,450 VND -0.92% Intraday chart for BIDV Securities +1.90% +12.20%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,137,427 958,210 1,513,555 5,154,597 2,115,329 9,608,180
Enterprise Value (EV) 1 819,899 920,258 1,936,503 7,271,787 806,862 10,314,941
P/E ratio 5.72 x 8.05 x 11.9 x 14.4 x 21.5 x 22.6 x
Yield 7.8% 6.37% 7.23% 1.65% 2.87% -
Capitalization / Revenue 1.33 x 1.67 x 1.75 x 4.35 x 2.32 x 8.68 x
EV / Revenue 0.96 x 1.61 x 2.24 x 6.14 x 0.88 x 9.32 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 0.79 x 0.69 x 1.02 x 3 x 0.75 x 2.06 x
Nbr of stocks (in thousands) 145,014 145,013 144,426 144,426 144,426 222,505
Reference price 2 7,844 6,608 10,480 35,690 14,646 43,182
Announcement Date 4/17/19 2/18/20 3/4/21 3/23/22 3/21/23 3/26/24
1VND in Million2VND
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 853,970 572,623 863,717 1,184,828 913,499 1,106,739
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 238,513 136,509 161,538 435,581 148,937 509,048
Net income 1 193,514 113,442 127,385 356,890 112,371 408,260
Net margin 22.66% 19.81% 14.75% 30.12% 12.3% 36.89%
EPS 2 1,372 821.1 881.7 2,471 682.7 1,914
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 612.2 420.9 757.6 589.2 420.9 -
Announcement Date 4/17/19 2/18/20 3/4/21 3/23/22 3/21/23 3/26/24
1VND in Million2VND
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - 422,948 2,117,190 - 706,761
Net Cash position 1 317,528 37,951 - - 1,308,467 -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 14.6% 8.04% 8.88% 22.2% 3.69% 9.02%
ROA (Net income/ Total Assets) 9.43% 5.47% 4.8% 8% 1.94% 5.87%
Assets 1 2,051,693 2,075,002 2,655,838 4,462,907 5,797,981 6,958,812
Book Value Per Share 2 9,933 9,516 10,320 11,904 19,623 21,001
Cash Flow per Share 2 939.0 489.0 663.0 4,037 3,541 3,663
Capex 1 10,297 8,689 - 4,488 14,424 11,944
Capex / Sales 1.21% 1.52% - 0.38% 1.58% 1.08%
Announcement Date 4/17/19 2/18/20 3/4/21 3/23/22 3/21/23 3/26/24
1VND in Million2VND
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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