Stocktoria

Oversea-Chinese Banking Corporation Limited O39.SI

SG · Singapore Exchange · XSES · stock · Financial Services · website

Oversea-Chinese Banking Corporation Limited statistics & valuation

Market capS$142.7B
P / E19.2×
P / S9.8×
P / B2.3×
P / FCF17.5×
Net margin51.1%
FCF margin56.0%
Net cashS$15.0B
Enterprise value USD$99.9B
Graham number -29%S$22.58

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (S$22.58); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
49.40% 52.30% 52.60% 51.10% 2022202320242025
Gross margin (%)
2022202320242025
Operating margin (%)
2022202320242025
Return on equity (%)
10.80% 13.00% 12.80% 11.90% 2022202320242025
Shares outstanding
4.49B 4.49B 4.49B 4.49B 2022202320242025
Net debt (S$)
-S$22.45B -S$22.85B -S$20.97B -S$14.98B 2022202320242025
Share buybacks (S$)
S$250.0M S$205.0M S$194.0M S$445.0M 2022202320242025
Return on assets (%)
1.00% 1.20% 1.20% 1.10% 2022202320242025
Free cash flow margin (%)
75.60% 63.90% 23.20% 56.00% 2022202320242025
Debt / equity (×)
0.43× 0.49× 0.54× 0.49× 2022202320242025
EPS (S$)
S$1.22 S$1.55 S$1.67 S$1.63 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Oversea-Chinese Banking Corporation Limited trades at about 19.5× earnings — above its 10-year norm (10-year range 8.3×–13×, median 10.6×).

8.3× 19.5×

Shaded band = 10-year range (8.3×–13×); dot = today's 19.5×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Net margin51.1%52.6%52.3%49.4%
FCF margin56.0%23.2%63.9%75.6%
Return on assets1.1%1.2%1.2%1.0%
Return on equity11.9%12.8%13.0%10.8%

Computed from company filings · SG · as of 2025-12-31. Figures in SGD. Facts plus Stocktoria's own computed scores — not investment advice.