SSB.VN
Hot AirSoutheast Asia Commercial Joint Stock Bank · Financial Services · Vietnam · $2.0B cap · $1.3M/day traded
VND 15,150 +0.0% · close 6 Nov · scored 7 Nov
Hot Air: Strong momentum and nothing else: weak business, rich price.
As of 7 Nov 2026, the MoatMap Score for Southeast Asia Commercial Joint Stock Bank (SSB.VN) is 37/100, ranked against 25,000+ stocks in 38 markets (Quality 44, Value 33, Momentum 52, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT SOUTHEAST ASIA COMMERCIAL JOINT STOCK BANK
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Southeast Asia Commercial Joint Stock Bank provides retail and corporate banking products and services in Vietnam.
FINANCIAL SUMMARY (VND)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM |
|---|---|---|---|---|---|---|
| Revenue | 9.7T | 9.4T | 12.4T | 11.6T | 6.2% | 8.2T |
| EPS (VND) | 1,145 | 1,060 | 1,341 | 1,560 | 10.8% | 897.60 |
| Shares | 3.4B | 3.4B | 3.4B | 3.4B | +2.1% | 3.4B |
| Debt | 37.0T | 36.5T | 60.6T | 53.0T | 12.8% | 70.6T |
| Equity | 26.2T | 30.3T | 35.0T | 40.4T | 15.5% | — |
| Op CF | 7.9T | -3.1T | 33.0T | 30.4T | 57.0% | -16.6T |
| Inv CF | -257.5B | -290.4B | -226.6B | 4.1T | — | — |
| Fin CF | 3.6T | 504.0B | 0 | 100.0B | — | — |
No clear trend: not near its 52-week low, and not in a steady uptrend.
Calmer than 75% of stocks we rank over the past year (volatility 29% a year).
How this is worked out
The MoatMap Score weighs the business, its price and its trend. The price check reads only the chart: the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of SSB.VN are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| SSB.VN | Southeast Asia Commercial Joint Stock Bank(you) | $2.0B | 37 |
| STB.VN | Saigon Treasure Commercial Joint Stock Bank | $5.1B | 30 |
| LPB.VN | Fortune Vietnam Joint Stock Commercial Bank | $4.2B | 55 |
| SHB.VN | Saigon - Hanoi Commercial Joint Stock Bank | $1.9B | 74 |
| VBB.VN | Vietnam Thuong Tin Commercial Joint Stock Bank | $563M | 24 |
| BID.VN | Joint Stock Commercial Bank for Investment and Development of Vietnam | $9.8B | 45 |
| EIB.VN | Vietnam Export Import Commercial Joint Stock Bank | $1.2B | 3 |
| VIB.VN | Vietnam International Commercial Joint Stock Bank | $2.1B | 82 |
| VCB.VN | Joint Stock Commercial Bank for Foreign Trade of Vietnam | $17.6B | 43 |
| KLB.VN | Kien Long Commercial Joint - Stock Bank | $305M | 53 |
Peer medians: ROE 13.0% · P/E 10.6x · Gross margin 83.4%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.