Ratings Asia CommercialBank

Equities

ACB

VN000000ACB8

End-of-day quote Ho Chi Minh S.E. Other stock markets 23:00:00 12/05/2024 BST			5-day change	1st Jan Change
27,700 ^VND	0.00%		+0.36%	+15.90%

04-25	Asia Commercial Joint Stock Bank Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
04-12	CVC Capital Partners exits Vietnam's Asia Commercial Bank, sources say	RE

Strengths

Analysts expect a sharply increasing business volume for the group, with high growth rates in the coming years.
The group's activity appears highly profitable thanks to its outperforming net margins.
The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
Analysts covering this company mostly recommend stock overweighting or purchase.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Over the past four months, analysts' average price target has been revised upwards significantly.
Predictions on business development from analysts polled by Standard & Poor's are tight. This results from either a good visibility into core activities or accurate earnings releases.
The group usually releases upbeat results with huge surprise rates.

Weaknesses

The overall consensus opinion of analysts has deteriorated sharply over the past four months.
Over the past twelve months, analysts' opinions have been revised negatively.

Ratings chart - Surperformance

Sector: Banks

	1st Jan change	Capi.	ESG Refinitiv
ASIA COMMERCIALBANK	+15.90%	4.23B	-
JPMORGAN CHASE & CO.	+16.83%	571B	C+
BANK OF AMERICA CORPORATION	+13.48%	301B	C+
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	+18.85%	252B	C+
WELLS FARGO & COMPANY	+24.46%	216B	C
CHINA CONSTRUCTION BANK CORPORATION	+21.08%	183B	B-
BANK OF CHINA LIMITED	+25.17%	170B	B-
HSBC HOLDINGS PLC	+10.02%	162B	C+
ROYAL BANK OF CANADA	+6.70%	146B	B-
HDFC BANK LIMITED	-14.86%	131B	B-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes