VND.VN VNDIRECT Securities Corp

Financial Services Capital Markets Vietnam Stocks
13,500 VND
Close of Oct 29, 2026
12,600 20,847
Market cap
VND 20.6T
P/E
9.7x
P/B
0.94x
ROE
10.8%
Dividend yield
3.70%
Fundamental score
3.3/5

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

Is VND.VN undervalued?

Graham number
Price13,500
Graham value21,186
Discount36.3%

VND.VN trades 36.3% 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?

VNDIRECT Securities Corp fundamental analysis

14 of 18 checks passed

ROE 1/2

Moderate return on equity (10.8%), between 10% and 20%.

ROA 1/1

Return on assets (5.1%) is above the industry median (2.2%).

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 (17.7%) is above the 5-year average (-8.6% a year).

Earnings Growth vs Industry 0/1

Last year's EPS growth (17.7%) is below the industry median (17.7%).

Revenue Growth 1/2

Revenue grew 4.8% a year over the past 3 years.

Leverage 2/2

Total assets are 2.1x equity, within a prudent level for a financial company.

Equity Growth 1/1

Shareholders' equity grew over the past 5 years.

PE vs Market 1/1

PE (9.7x) is below the market median (11.2x).

PE vs Industry 1/1

PE (9.7x) is below the industry median (14.9x).

PBV 1/1

Price to book (0.9x) is below the industry median (1.3x).

Graham Number 1/1

The price is below the Graham number (PE x PB = 9.1, limit 22.5).

PEG 0/1

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

Dividend Yield 1/2

Dividend yield (3.7%) 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 37.6%, 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

VNDIRECT Securities Corp stock price

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

About VNDIRECT Securities Corp

VNDIRECT Securities Joint Stock Company provides various investment products in Vietnam. The company offers investment services, including asset management and investment advisory, and securities trading and brokerage services, as well as margin products; and asset portfolio products comprising DSAVE for defense assets, DINVEST for life-long assets, and DTRADE for stock investment. It also provides investment institutions services, such as securities, market creation, invest…

Full company profile