HSG.VN Hoasen Group

Basic Materials Steel Vietnam Stocks
10,900 VND
Close of Oct 29, 2026
9,700 13,654
Market cap
VND 8.80T
P/E
13.4x
P/B
0.76x
ROE
6.3%
Dividend yield
3.52%
Fundamental score
1.8/5

Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Jun 2026.

Is HSG.VN undervalued?

Graham number
Price10,900
Graham value16,228
Discount32.8%

HSG.VN trades 32.8% below 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?

Hoasen Group fundamental analysis

9 of 22 checks passed

ROE 0/2

Low return on equity (6.3%), below 10%.

ROA 0/1

Return on assets (3.4%) is below the industry median (3.6%).

Profit Consistency 2/2

Profitable for 7 consecutive years.

Earnings Growth 5Y 0/1

Earnings per share did not grow over the past 5 years.

Earnings Acceleration 1/1

Last year's EPS growth (9.0%) is above the 5-year average (-13.8% a year).

Earnings Growth vs Industry 0/1

Last year's EPS growth (9.0%) is below the industry median (17.5%).

Revenue Growth 0/2

Revenue shrank 9.8% a year over the past 3 years.

Short-term Liquidity 1/1

Current assets cover short-term liabilities.

Long-term Liabilities 1/1

Current assets cover long-term liabilities.

Debt to Equity 0/2

Debt to equity cannot be calculated: debt is not reported or equity is negative.

Debt Trend 0/1

Debt to equity has risen over the past 5 years.

Debt Coverage 0/1

Debt is not reported.

Interest Coverage 0/1

EBIT is 3.5x against interest expense, below 5x.

PE vs Market 0/1

PE (13.4x) is above the market median (11.2x).

PE vs Industry 0/1

PE (13.4x) is above the industry median (11.2x).

PBV 1/1

Price to book (0.8x) is below the industry median (1.2x).

Graham Number 1/1

The price is below the Graham number (PE x PB = 10.2, limit 22.5).

PEG 0/1

PEG needs positive PE and positive 5-year earnings growth.

Dividend Yield 1/2

Dividend yield (3.5%) is above the bottom 25% of dividend payers in the market.

Dividend Stability 0/2

Dividends were not paid steadily for the past 5 years.

Dividend Growth 1/1

Dividends paid grew over the past 5 years.

Payout Ratio 1/1

Payout ratio is 42.2%, 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

Hoasen Group stock price

Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.

About Hoasen Group

Hoa Sen Group, together with its subsidiaries, engages in the manufacturing and trading steel sheet in Vietnam and internationally. The company is involved in the production of galvanized, pre-painted galvanized, aluminum-zinc alloy coated, and other alloy coated steel sheets, as well as steel and galvanized purlins; black, galvanized, and other alloy coated steel pipes; and galvanized meshes, wires, and other wires. It engages in the production and trading of plastic buildi…

Full company profile