FTS.VN FPT Securities JSC
- Market cap
- VND 7.18T
- P/E
- 17.4x
- P/B
- 1.54x
- ROE
- 8.2%
- Dividend yield
- 2.12%
- Fundamental score
- 2.3/5
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is FTS.VN undervalued?
Graham numberFTS.VN trades 9.0% above its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
FPT Securities JSC fundamental analysis
9 of 18 checks passedROE 0/2
Low return on equity (8.2%), below 10%.
ROA 1/1
Return on assets (2.7%) is above the industry median (2.2%).
Profit Consistency 2/2
Profitable for 6 consecutive years.
Earnings Growth 5Y 1/1
Earnings per share grew over the past 5 years.
Earnings Acceleration 0/1
Last year's EPS growth (-32.1%) is not above the 5-year average (12.0% a year).
Earnings Growth vs Industry 0/1
Last year's EPS growth (-32.1%) is below the industry median (17.7%).
Revenue Growth 0/2
Revenue shrank 1.3% a year over the past 3 years.
Leverage 2/2
Total assets are 3.1x equity, within a prudent level for a financial company.
Equity Growth 1/1
Shareholders' equity grew over the past 5 years.
PE vs Market 0/1
PE (18.3x) is above the market median (11.2x).
PE vs Industry 0/1
PE (18.3x) is above the industry median (14.9x).
PBV 0/1
Price to book (1.6x) is above the industry median (1.3x).
Graham Number 0/1
The price is above the Graham number (PE x PB = 29.6, limit 22.5).
PEG 0/1
PEG on 5-year earnings growth is 1.53, above 1.
Dividend Yield 1/2
Dividend yield (2.1%) is above the bottom 25% of dividend payers in the market.
Dividend Stability 1/2
Dividends paid without a cut of more than 10% for 7 years.
Dividend Growth 1/1
Dividends paid grew over the past 5 years.
Payout Ratio 1/1
Payout ratio is 38.4%, covered by earnings.
Each check is worth 1 or 2 points by how much it says about the quality of the company. The score is the share of points earned, out of 5. Ask AI to explain this score
FPT Securities JSC stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About FPT Securities JSC
FPT Securities Joint Stock Company, a financial institution, engages in the securities brokerage, trading, investment advisory, custody, and underwriting primarily in Vietnam. The company offers securities trading, such as stock, bond, derivatives, ETF, covered warrant trading, and securities custody; cash deposit, transfer, withdrawal, margin trading, and cash advance; as well as search advisors, and advisory reports. It also provides investment banking services, including …
Full company profileFPT Securities JSC financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
FPT Securities JSC annual financial statements (VND; K = thousand, M = million, B = billion, T = trillion)
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | - | 229B | 697B | 494B | 377B | 356B | 475B | 336B |
| Gross Profit | - | 79.3B | 379B | 208B | 125B | 83.9B | 181B | 113B |
| Operating Income | - | 22.6B | 605B | -27.1B | 116B | 191B | 34.1B | 28.3B |
| EBITDA | - | - | - | -10.0B | 135B | 210B | 49.6B | 476B |
| Net Income | - | 171B | 846B | 318B | 445B | 567B | 397B | 365B |
| EPS | - | 592 | - | - | 1,224 | 1,533 | 1,041 | 958 |
| Balance Sheet | ||||||||
| Total Assets | - | 3.40T | 9.46T | 5.29T | 8.23T | 9.76T | 13.9T | 13.7T |
| Total Liabilities | - | 1.19T | 6.47T | 1.94T | 4.59T | 5.64T | 9.50T | 9.19T |
| Shareholders' Equity | - | 2.20T | 2.98T | 3.35T | 3.64T | 4.12T | 4.42T | 4.47T |
| Cash & Short-term Investments | - | 206B | 1.87T | 263B | 415B | 156B | 1.56T | 2.21T |
| Cash Flow | ||||||||
| Operating Cash Flow | -233B | -13.0B | 1.35T | -2.03T | -743B | -2.96T | -876B | -1.00T |
| Capital Expenditure | 4.37B | 6.73B | 22.4B | 14.6B | 8.71B | 6.25B | 5.75B | 25.8B |
| Free Cash Flow | - | -19.7B | 1.33T | -2.04T | -752B | -2.96T | -882B | -1.03T |
| Ratios | ||||||||
| ROE | - | 7.7% | 28.4% | 9.5% | 12.2% | 13.8% | 9.0% | 8.2% |
| ROA | - | 5.0% | 8.9% | 6.0% | 5.4% | 5.8% | 2.9% | 2.7% |
| Net Profit Margin | - | 74.4% | 121.5% | 64.4% | 118.0% | 159.3% | 83.5% | 108.8% |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
FPT Securities JSC dividends
- Dividend yield
- 2.12%
- Forward dividend
- 500.00 VND
- Payout ratio
- 38.4%
- Ex-dividend date
- May 21, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | VND 152B | 400 | 38.4% |
| 2024 | VND 107B | 289 | 18.8% |
| 2023 | VND 97.4B | 268 | 21.9% |
| 2022 | VND 74.2B | - | 23.3% |
| 2021 | VND 66.3B | - | 7.8% |
| 2020 | VND 59.7B | 207 | 35.0% |
| 2019 | VND 54.5B | - | - |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 11:10 on May 21, 2026.
Who owns FPT Securities JSC
- Insiders 42.80%
- Institutions 0.84%
- Public & others 56.37%
- Shares outstanding 381M
- Free float 374M
FPT Securities JSC company profile
- Company name
- FPT Securities JSC
- Ticker
- FTS.VN
- ISIN
- VN000000FTS5
- Exchange
- Vietnam Stocks
- Sector
- Financial Services
- Industry
- Capital Markets
- Employees
- 415
- Fiscal year end
- December
- Address
- No. 52, Lac Long Quan Street, Hanoi, Vietnam
- Phone
- 84 24 1900 6446
- Website
- fpts.com.vn
About FPT Securities JSC
FPT Securities Joint Stock Company, a financial institution, engages in the securities brokerage, trading, investment advisory, custody, and underwriting primarily in Vietnam. The company offers securities trading, such as stock, bond, derivatives, ETF, covered warrant trading, and securities custody; cash deposit, transfer, withdrawal, margin trading, and cash advance; as well as search advisors, and advisory reports. It also provides investment banking services, including corporate restructuring, securities offering/issuance, business valuation, divestment, and auction advisory; information disclosure advisory and EzIR solution, shareholder meeting advisory and EzGSM solution, annual report advisory, sustainability report advisory, dividend policy advisory, and shareholding management advisory and EzLink solutions; corporate governance reporting advisory, company charter advisory and corporate governance regulations; and business planning, financial forecast, due diligence advisory, and HR management advisory and EzHRM solutions. In addition, the company offers public company registration/de-registration, securities listing registration, securities registration, securities trading registration, public tendering, treasury share trading, equitization, and foreign ownership room advisory services. FPT Securities Joint Stock Company was incorporated in 2007 and is headquartered in Hanoi, Vietnam.
FPT Securities JSC management
4- Madam Huong Thi Thu NguyenGeneral Director, Member of the Management Board & Director · born 1974
- Ms. Hanh Thi NguyenDeputy General Director & Member of Management Board
- Son Thi NguyenChief Accountant
- Ms. Hang Thi Thanh TrinhIn Charge of Corporate Governance & Secretary · born 1976