` Comparison: VTBR, 601398 - Alpha Spread

B
VTBR
vs
601398

Over the past 12 months, VTBR has underperformed Industrial and Commercial Bank of China Ltd, delivering a return of -9% compared to the Industrial and Commercial Bank of China Ltd's +17% growth.

Valuation Growth Profitability Solvency Stocks Performance
Start AI Comparison

Smart Verdict
AI-Powered

Not Sure Which Stock Wins?
Let AI Decide.
VTBR
601398
One-click summary across all key metrics.
Ranked results with clear takeaways.
No spreadsheets, no guesswork.
One-click summary across all key metrics.
Ranked results with clear takeaways.
No spreadsheets, no guesswork.
Start AI Comparison
Smart Verdict is Ready!
See Who Stands Out.
All the numbers, charts, and metrics summarized into one smart verdict.
Stocks Compared:
VTBR 601398
Show Comparison Results
Summarizing...
We need a little more time to summarize the results

Valuation Comparison

B
VTBR Intrinsic Value
Not Available
Intrinsic Value
15.64 CNY
Undervaluation 50%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
B
Bank VTB PAO
MOEX:VTBR
71.63 RUB
Industrial and Commercial Bank of China Ltd
SSE:601398
7.82 CNY
No Stocks Selected

Compare the stock's valuation with its competitors.

Select Stocks to Compare
Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
VTBR, 601398

VTBR
601398
Add Stock
Revenue
www.alphaspread.com
No Stocks Selected

Compare company's financials with its competitors.

Select Stocks to Compare
Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
B
Bank VTB PAO
Revenue
Industrial and Commercial Bank of China Ltd
Revenue

All metrics are calculated based on data from the last 10 years.

No Stocks Selected

Compare company's financials with its competitors.

Select Stocks to Compare

Profitability Comparison

Free Cash Flow
VTBR, 601398

VTBR
601398
Add Stock
Free Cash Flow
www.alphaspread.com
No Stocks Selected

Compare company's free cash flow with its competitors.

Select Stocks to Compare
Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
B
Bank VTB PAO
MOEX:VTBR
FCF is not applicable for financial companies
Industrial and Commercial Bank of China Ltd
SSE:601398
FCF is not applicable for financial companies
No Stocks Selected

Compare company's free cash flow with its competitors.

Select Stocks to Compare
What is Free Cash Flow?

Gross Margin

VTBR
Industrial and Commercial Bank of China Ltd
LTM 3Y Avg 5Y Avg 10Y Avg
B
Bank VTB PAO
Not applicable for financial companies
Industrial and Commercial Bank of China Ltd
Not applicable for financial companies

Operating Margin

VTBR
Industrial and Commercial Bank of China Ltd
LTM 3Y Avg 5Y Avg 10Y Avg
B
Bank VTB PAO
Not applicable for financial companies
Industrial and Commercial Bank of China Ltd
Not applicable for financial companies

Net Margin

VTBR
28.2%
Industrial and Commercial Bank of China Ltd
41.4%

FCF Margin

VTBR
Industrial and Commercial Bank of China Ltd
LTM 3Y Avg 5Y Avg 10Y Avg
B
Bank VTB PAO
Not applicable for financial companies
Industrial and Commercial Bank of China Ltd
Not applicable for financial companies

ROE

VTBR
19.5%
Industrial and Commercial Bank of China Ltd
8.8%

ROA

VTBR
1.7%
Industrial and Commercial Bank of China Ltd
0.7%

ROIC

VTBR
Industrial and Commercial Bank of China Ltd
LTM 3Y Avg 5Y Avg 10Y Avg
B
Bank VTB PAO
Not applicable for financial companies
Industrial and Commercial Bank of China Ltd
Not applicable for financial companies

ROCE

VTBR
Industrial and Commercial Bank of China Ltd
LTM 3Y Avg 5Y Avg 10Y Avg
B
Bank VTB PAO
Not applicable for financial companies
Industrial and Commercial Bank of China Ltd
Not applicable for financial companies

Solvency Comparison

No Stocks Selected

Compare company's equity waterfall with its competitors.

Select Stocks to Compare
Balance Sheet Comparison
No Stocks Selected

Compare company's balance sheet with its competitors.

Select Stocks to Compare

Stocks Performance

Stocks Performance
VTBR, 601398

Loading
VTBR
601398
Add Stock
www.alphaspread.com
1Y 3Y 5Y 10Y 15Y 20Y
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare

Performance Gap
VTBR, 601398

Loading
VTBR
601398
Difference
www.alphaspread.com
1Y 3Y 5Y 10Y 15Y 20Y

Performance By Year
VTBR, 601398

Loading
VTBR
601398
Add Stock
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Not Sure Which Stock Wins?
Let AI Decide
One-click summary across all key metrics.
Ranked results with clear takeaways.
No spreadsheets, no guesswork.
Start AI Comparison
Compare VTBR to other stocks
Unlock Full Access to Alpha Spread
Create Free Account
ALPHA SPREAD
Follow us
Join more than 307,400+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2026 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.