(O39) OVERSEA-CHINESE BANKING - SG

Sector: Financial Services | Industry: Banks - Regional | Exchange: SG (Singapore) | Market Cap: 107.033m SGD | Total Return: 59.3% in 12m

Consumer Banking, Wealth Management, Corporate Loans, Insurance
Total Rating 48
Safety 61
Buy Signal 1.17
Banks - Regional
Industry Rotation: +9.8
Market Cap: 83.4B
Avg Turnover: 157M
Risk 3d forecast
Volatility18.3%
VaR 5th Pctl2.97%
VaR vs Median-1.50%
Reward TTM
Sharpe Ratio3.02
Rel. Str. IBD80.4
Rel. Str. Peer Group93
Character TTM
Beta0.450
Beta Downside0.434
Hurst Exponent0.473
Drawdowns 3y
Max DD19.22%
CAGR/Max DD1.74
CAGR/Mean DD15.05
EPS (Earnings per Share) EPS (Earnings per Share) of O39 over the last years for every Quarter: "2021-06": 0.17, "2021-09": 0.26, "2021-12": 0.85, "2022-03": 0.3, "2022-06": 0.33, "2022-09": 0.34, "2022-12": 0.28, "2023-03": 1.68, "2023-06": 0.38, "2023-09": 0.4, "2023-12": 0.3592, "2024-03": 1.76, "2024-06": 1.72, "2024-09": 0.43, "2024-12": 0.37, "2025-03": 0.4175, "2025-06": 1.6, "2025-09": 0.43, "2025-12": 0.38, "2026-03": 0.44,
EPS CAGR: -0.40%
EPS Trend: -1.9%
Last SUE: 0.04
Qual. Beats: 0
Revenue Revenue of O39 over the last years for every Quarter: 2021-06: 2425, 2021-09: 2560, 2021-12: 2422, 2022-03: 2643, 2022-06: 2830, 2022-09: -2321, 2022-12: 2902, 2023-03: 3350, 2023-06: 3436, 2023-09: 3429, 2023-12: 3221, 2024-03: 3626, 2024-06: 3613, 2024-09: 3802, 2024-12: 3396, 2025-03: 3655, 2025-06: 3530, 2025-09: null, 2025-12: 3552, 2026-03: 3828,
Rev. CAGR: 24.21%
Rev. Trend: 72.4%
Last SUE: 0.98
Qual. Beats: 1

Warnings

No concerns identified

Tailwinds

Idiosyncratic Leader, Avwap Ph Week

Description: O39 OVERSEA-CHINESE BANKING

Oversea-Chinese Banking Corporation Limited (OCBC) is a diversified financial institution headquartered in Singapore, operating primarily across Southeast Asia and Greater China. The bank utilizes a universal banking model, integrating consumer and private banking, wholesale banking, global markets, and insurance services. Its insurance division, operated through Great Eastern Holdings, distinguishes it from many regional peers by providing a significant non-interest income stream through life and general insurance premiums.

The company serves a broad client base ranging from retail consumers and high-net-worth individuals to small and medium enterprises and public sector entities. In the current economic environment, regional banks like OCBC often benefit from higher interest rates which can expand net interest margins, though they remain sensitive to credit cycles within the Asian markets. For a deeper look into these financial trends, you may wish to explore the data on ValueRay.

Founded in 1912, OCBC maintains a significant presence in the Asian wealth management sector, offering portfolio management and estate planning. Its global markets segment handles treasury products, digital assets, and derivatives trading, while the wholesale division focuses on project financing and working capital solutions for corporate clients.

Headlines to Watch Out For
  • Net interest margin compresses as regional central banks cut interest rates
  • Wealth management income grows via Great Eastern integration and private banking
  • Asset quality remains stable despite Greater China commercial real estate exposure
  • Higher dividend payouts and share buybacks enhance shareholder capital returns
Piotroski VR-10 (Strict) 1.5
Net Income: 7.42b TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.63 > 1.0
NWC/Revenue: error (cannot be calculated; needs Current Assets/Liabilities and Revenue current+prev)
CFO/TA 0.01 > 3% & CFO 9.12b > Net Income 7.42b
Net Debt/EBITDA: error (cannot be calculated)
Current Ratio: error (cannot be calculated; needs correct Total Current Assets and Liabilities)
Outstanding Shares: last quarter (4.49b) vs 12m ago -0.28% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 2.17% > 50% (prev 2.27%; Δ -0.09% > 0%)
Interest Coverage Ratio: 0.84 > 6 (EBIT TTM 9.12b / Interest Expense TTM 10.9b)
What is the price of O39 shares?

As of June 17, 2026, the stock is trading at SGD 24.26 with a total of 7,317,900 shares traded.
Over the past week, the price has changed by +1.93%, over one month by +5.30%, over three months by +20.00% and over the past year by +59.25%.

Is O39 a buy, sell or hold?

OVERSEA-CHINESE BANKING has no consensus analysts rating.

OVERSEA-CHINESE BANKING (O39) - Fundamental Data Overview as of 16 June 2026
Market Cap USD = 83.4b (107b SGD * 0.7794 SGD.USD)
P/E Trailing = 14.3614
P/E Forward = 14.1044
P/S = 7.5813
P/B = 1.671
P/EG = 3.6187
Revenue TTM = 14.6b SGD
EBIT TTM = 9.12b SGD
EBITDA TTM = 9.69b SGD
 Long Term Debt = unknown (none)
 Short Term Debt = unknown (none)
 Debt = unknown
 Net Debt = unknown
 Enterprise Value = 61.3b SGD (107b + (null Debt) - CCE 45.7b)
Interest Coverage Ratio = 0.84 (Ebit TTM 9.12b / Interest Expense TTM 10.9b)
EV/FCF = 7.53x (Enterprise Value 61.3b / FCF TTM 8.14b)
FCF Yield = 13.28% (FCF TTM 8.14b / Enterprise Value 61.3b)
FCF Margin = 55.90% (FCF TTM 8.14b / Revenue TTM 14.6b)
Net Margin = 50.93% (Net Income TTM 7.42b / Revenue TTM 14.6b)
 Gross Margin = unknown ((Revenue TTM 14.6b - Cost of Revenue TTM 0.0) / Revenue TTM)
 Tobins Q-Ratio = 0.09 (Enterprise Value 61.3b / Total Assets 703b)
 Interest Expense / Debt = unknown (Interest Expense 10.9b / Debt none)
 Taxrate = 18.23% (440.0m / 2.41b)
NOPAT = 7.46b (EBIT 9.12b * (1 - 18.23%))
 Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
 Debt / Equity = unknown (Debt none)
 Debt / EBITDA = unknown (Net Debt none / EBITDA 9.69b)
 Debt / FCF = unknown (Net Debt none / FCF TTM 8.14b)
 Total Stockholder Equity = 62.0b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.11% (Net Income 7.42b / Total Assets 703b)
RoE = 11.96% (Net Income TTM 7.42b / Total Stockholder Equity 62.0b)
 RoCE = unknown (EBIT 9.12b / Capital Employed )
 RoIC = unknown (NOPAT 7.46b, Invested Capital 0.0, EBIT 9.12b)
 WACC = 7.57% (E(107b)/V(107b) * Re(7.57%) + (debt-free company))
Discount Rate = 7.57% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 49.44 | Cagr: 0.03%
[DCF] Terminal Value 77.97% ; FCFF base≈6.23b ; Y1≈7.14b ; Y5≈10.5b
[DCF] Fair Price = 35.20 (EV 158b - Net Debt 0.0 = Equity 158b / Shares 4.49b; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -1.91 | EPS CAGR: -0.40% | SUE: 0.04 | # QB: 0
Revenue Correlation: 72.37 | Revenue CAGR: 24.21% | SUE: 0.98 | # QB: 1
EPS current Quarter (2026-06-30): EPS=0.41 | Chg30d=-2.38% | Revisions=+33% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.40 | Chg30d=-3.61% | Revisions=-20% | Analysts=2
EPS current Year (2026-12-31): EPS=1.69 | Chg30d=-0.12% | Revisions=+14% | GrowthEPS=+3.9% | GrowthRev=+3.3%
EPS next Year (2027-12-31): EPS=1.80 | Chg30d=+0.08% | Revisions=+20% | GrowthEPS=+6.2% | GrowthRev=+5.5%
[Analyst] Revisions Ratio: +33%