Buy Or Sell Opportunity • May 15
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.1% to ₫26,550. The fair value is estimated to be ₫33,313, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 62%. Revenue is forecast to grow by 40% in 2 years. Earnings are forecast to grow by 33% in the next 2 years. Upcoming Dividend • May 04
Upcoming dividend of ₫500 per share Eligible shareholders must have bought the stock before 11 May 2026. Payment date: 03 June 2026. The company last paid an ordinary dividend in May 2015. The average dividend yield among industry peers is 2.4%. Buy Or Sell Opportunity • Apr 03
Now 22% undervalued The stock has been flat over the last 90 days, currently trading at ₫26,650. The fair value is estimated to be ₫34,025, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has grown by 51%. For the next 3 years, revenue is forecast to grow by 8.1% per annum. Earnings are also forecast to grow by 16% per annum over the same time period. Annuncio • Feb 27
Hoa Phat Group Joint Stock Company, Annual General Meeting, Apr 21, 2026 Hoa Phat Group Joint Stock Company, Annual General Meeting, Apr 21, 2026, at 08:00 SE Asia Standard Time. Location: 1st floor - meloia hanoi hotel, no.44b ly thuong, kiet street, cau nam ward, hanoi Vietnam Board Change • Feb 12
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 7 non-independent directors. Independent Director Vu Chu was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 01
Third quarter 2025 earnings: Revenues miss analyst expectations Third quarter 2025 results: Revenue: ₫36t (up 7.2% from 3Q 2024). Net income: ₫3.99t (up 32% from 3Q 2024). Profit margin: 11% (up from 8.9% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 15%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Metals and Mining industry in Asia. Price Target Changed • Sep 23
Price target increased by 8.7% to ₫30,873 Up from ₫28,408, the current price target is an average from 11 analysts. New target price is 7.8% above last closing price of ₫28,650. Stock is up 33% over the past year. The company is forecast to post earnings per share of ₫2,145 for next year compared to ₫1,459 last year. Reported Earnings • Aug 01
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: ₫36t (down 9.2% from 2Q 2024). Net income: ₫4.26t (up 28% from 2Q 2024). Profit margin: 12% (up from 8.4% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Metals and Mining industry in Asia. Valuation Update With 7 Day Price Move • Jun 25
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₫22,667, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Metals and Mining industry in Asia. Total returns to shareholders of 9.6% over the past three years. Major Estimate Revision • Apr 23
Consensus EPS estimates increase by 14% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from ₫2,089 to ₫2,387. Revenue forecast steady at ₫172t. Net income forecast to grow 40% next year vs 32% growth forecast for Metals and Mining industry in Vietnam. Consensus price target of ₫33,925 unchanged from last update. Share price was steady at ₫25,550 over the past week. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₫22,900, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Metals and Mining industry in Asia. Total loss to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₫36,941 per share. Reported Earnings • Apr 03
Full year 2024 earnings: Revenues and EPS in line with analyst expectations Full year 2024 results: EPS: ₫1,751 (up from ₫1,005 in FY 2023). Revenue: ₫139t (up 17% from FY 2023). Net income: ₫11t (up 74% from FY 2023). Profit margin: 8.1% (up from 5.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Metals and Mining industry in Asia. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Annuncio • Feb 20
Hoa Phat Group Joint Stock Company, Annual General Meeting, Apr 17, 2025 Hoa Phat Group Joint Stock Company, Annual General Meeting, Apr 17, 2025, at 08:30 SE Asia Standard Time. Location: melia hanoi, no. 44b ly thuong kiet, tran hung dao ward, hoan kiem district, ha noi. Vietnam Major Estimate Revision • Feb 14
Consensus EPS estimates fall by 12% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₫168t to ₫159t. EPS estimate also fell from ₫2,672 per share to ₫2,364 per share. Net income forecast to grow 29% next year vs 31% growth forecast for Metals and Mining industry in Vietnam. Consensus price target broadly unchanged at ₫33,980. Share price fell 2.1% to ₫26,100 over the past week. Reported Earnings • Jan 28
Full year 2024 earnings released: EPS: ₫1,879 (vs ₫1,015 in FY 2023) Full year 2024 results: EPS: ₫1,879 (up from ₫1,015 in FY 2023). Revenue: ₫139t (up 17% from FY 2023). Net income: ₫12t (up 85% from FY 2023). Profit margin: 8.7% (up from 5.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 8.6% growth forecast for the Metals and Mining industry in Asia. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 04
Third quarter 2024 earnings released: EPS: ₫473 (vs ₫313 in 3Q 2023) Third quarter 2024 results: EPS: ₫473 (up from ₫313 in 3Q 2023). Revenue: ₫34t (up 19% from 3Q 2023). Net income: ₫3.02t (up 51% from 3Q 2023). Profit margin: 8.9% (up from 7.0% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Metals and Mining industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Aug 05
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.3% to ₫25,950. The fair value is estimated to be ₫33,264, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.7% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 48% in 2 years. Earnings are forecast to grow by 104% in the next 2 years. Reported Earnings • Aug 01
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: ₫40t (up 34% from 2Q 2023). Net income: ₫3.32t (up 127% from 2Q 2023). Profit margin: 8.4% (up from 4.9% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Metals and Mining industry in Asia. Price Target Changed • Jul 02
Price target increased by 8.0% to ₫34,075 Up from ₫31,538, the current price target is an average from 5 analysts. New target price is 19% above last closing price of ₫28,700. Stock is up 20% over the past year. The company is forecast to post earnings per share of ₫1,914 for next year compared to ₫1,015 last year. Reported Earnings • Apr 27
First quarter 2024 earnings released First quarter 2024 results: Revenue: ₫31t (up 16% from 1Q 2023). Net income: ₫2.87t (up ₫2.47t from 1Q 2023). Profit margin: 9.3% (up from 1.5% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Metals and Mining industry in Asia. Price Target Changed • Apr 03
Price target increased by 8.7% to ₫34,032 Up from ₫31,320, the current price target is an average from 5 analysts. New target price is 14% above last closing price of ₫29,950. Stock is up 39% over the past year. The company is forecast to post earnings per share of ₫2,048 for next year compared to ₫1,175 last year. Price Target Changed • Feb 27
Price target increased by 8.7% to ₫32,532 Up from ₫29,920, the current price target is an average from 5 analysts. New target price is 7.2% above last closing price of ₫30,350. Stock is up 52% over the past year. The company is forecast to post earnings per share of ₫2,104 for next year compared to ₫1,175 last year. Annuncio • Feb 23
Hoa Phat Group Joint Stock Company, Annual General Meeting, Apr 11, 2024 Hoa Phat Group Joint Stock Company, Annual General Meeting, Apr 11, 2024. Location: Melia Ha Noi hotel, 44B Ly Thuong Kiet street, Tran Hung Dao ward, Hoan Kiem district, Ha Noi city Ha Noi City Vietnam Reported Earnings • Feb 01
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: EPS: ₫1,175 (down from ₫1,452 in FY 2022). Revenue: ₫119t (down 16% from FY 2022). Net income: ₫6.84t (down 19% from FY 2022). Profit margin: 5.7% (down from 6.0% in FY 2022). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 9.2% growth forecast for the Metals and Mining industry in Asia. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Major Estimate Revision • Dec 30
Consensus EPS estimates fall by 12% The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from ₫1,159 to ₫1,024. Revenue forecast unchanged from ₫115t at last update. Net income forecast to grow 473% next year vs 35% growth forecast for Metals and Mining industry in Vietnam. Consensus price target up from ₫29,020 to ₫29,920. Share price rose 3.3% to ₫27,950 over the past week. Annuncio • Dec 08
Hoa Phat Group Joint Stock Company Announces Appointment of Tran Thi Thu Hien as Deputy CEO Cum Head of the Legal Board Hoa Phat Group Joint Stock Company announced appointment of Mrs. Tran Thi Thu Hien as Deputy CEO cum Head of the legal board. Effective date is December 01, 2023. Price Target Changed • Nov 06
Price target increased by 8.0% to ₫27,880 Up from ₫25,820, the current price target is an average from 5 analysts. New target price is 8.3% above last closing price of ₫25,750. Stock is up 88% over the past year. The company is forecast to post earnings per share of ₫1,217 for next year compared to ₫1,452 last year. Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: ₫345 (vs ₫305 loss in 3Q 2022) Third quarter 2023 results: EPS: ₫345 (up from ₫305 loss in 3Q 2022). Revenue: ₫28t (down 17% from 3Q 2022). Net income: ₫2.00t (up ₫3.78t from 3Q 2022). Profit margin: 7.0% (up from net loss in 3Q 2022). The move to profitability was driven by lower expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Metals and Mining industry in Vietnam. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Reported Earnings • Jul 30
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: ₫29t (down 21% from 2Q 2022). Net income: ₫1.46t (down 64% from 2Q 2022). Profit margin: 4.9% (down from 11% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Metals and Mining industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • May 16
Price target decreased by 7.2% to ₫21,800 Down from ₫23,483, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of ₫22,000. Stock is down 25% over the past year. The company is forecast to post earnings per share of ₫1,572 for next year compared to ₫1,452 last year. Reported Earnings • May 03
First quarter 2023 earnings released First quarter 2023 results: Revenue: ₫27t (down 40% from 1Q 2022). Net income: ₫397.5b (down 95% from 1Q 2022). Profit margin: 1.5% (down from 19% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Metals and Mining industry in Asia. Over the last 3 years on average, earnings per share has increased by 27% per year and the company’s share price has also increased by 27% per year. Major Estimate Revision • Feb 16
Consensus EPS estimates fall by 16% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₫124t to ₫123t. EPS estimate also fell from ₫2,309 per share to ₫1,939 per share. Net income forecast to grow 36% next year vs 25% growth forecast for Metals and Mining industry in Vietnam. Consensus price target broadly unchanged at ₫23,900. Share price was steady at ₫20,800 over the past week. Annuncio • Feb 07
Hoa Phat Group Joint Stock Company, Annual General Meeting, Mar 30, 2023 Hoa Phat Group Joint Stock Company, Annual General Meeting, Mar 30, 2023, at 01:30 Coordinated Universal Time. Location: Grand Ballroom, floor 1, Mellia Ha Noi hotel, 44 Ly Thuong Kiet street Tran Hung Dao ward, Hoan Kiem district Ha Noi City Vietnam Reported Earnings • Feb 03
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: ₫1,459 (down from ₫5,513 in FY 2021). Revenue: ₫141t (down 5.5% from FY 2021). Net income: ₫8.48t (down 74% from FY 2021). Profit margin: 6.0% (down from 21% in FY 2021). The decrease in margin was primarily driven by higher expenses. Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) missed analyst estimates by 8.7%. Revenue is expected to decline by 6.2% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Asia are expected to grow by 6.5%. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improved over the past week After last week's 24% share price gain to ₫15,100, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 9x in the Metals and Mining industry in Asia. Total returns to shareholders of 49% over the past three years. Price Target Changed • Nov 16
Price target decreased to ₫29,417 Down from ₫33,324, the current price target is an average from 6 analysts. New target price is 120% above last closing price of ₫13,350. Stock is down 66% over the past year. The company is forecast to post earnings per share of ₫1,703 for next year compared to ₫5,513 last year. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Nov 09
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₫13,000, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 9x in the Metals and Mining industry in Asia. Total returns to shareholders of 26% over the past three years. Price Target Changed • Nov 03
Price target decreased to ₫33,324 Down from ₫36,543, the current price target is an average from 7 analysts. New target price is 117% above last closing price of ₫15,350. Stock is down 65% over the past year. The company is forecast to post earnings per share of ₫3,802 for next year compared to ₫5,513 last year. Reported Earnings • Nov 02
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: ₫34t (down 12% from 3Q 2021). Net loss: ₫1.77t (down 117% from profit in 3Q 2021). Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Metals and Mining industry in Asia. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 04
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₫18,850, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 8x in the Metals and Mining industry in Asia. Total returns to shareholders of 89% over the past three years. Price Target Changed • Aug 13
Price target decreased to ₫37,658 Down from ₫41,559, the current price target is an average from 5 analysts. New target price is 57% above last closing price of ₫23,950. Stock is down 36% over the past year. The company is forecast to post earnings per share of ₫3,870 for next year compared to ₫5,513 last year. Reported Earnings • Jul 31
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: ₫37t (up 6.6% from 2Q 2021). Net income: ₫4.03t (down 59% from 2Q 2021). Profit margin: 11% (down from 28% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 2.3% compared to a 180% growth forecast for the industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment deteriorated over the past week After last week's 29% share price decline to ₫23,846, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 9x in the Metals and Mining industry in Asia. Total returns to shareholders of 68% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₫43,610 per share. Upcoming Dividend • Jun 10
Upcoming dividend of ₫500 per share Eligible shareholders must have bought the stock before 17 June 2022. Payment date: 06 July 2022. Payout ratio is a comfortable 5.0% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Vietnamese dividend payers (7.3%). Lower than average of industry peers (1.3%). Annuncio • Jun 09
Hoa Phat Group Joint Stock Company Announces Dividends for 2021, Payable on July 06, 2022 Hoa Phat Group Joint Stock Company announced dividends for 2021. Exercise ratio is 5% (500 dongs/share). Dividend will be payable on July 06, 2022, record date is June 20, 2022, and ex-right date is June 17, 2022. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Member of Supervisory Board Phan Thuy Trang was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Mar 31
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: ₫7,708 (up from ₫2,849 in FY 2020). Revenue: ₫150t (up 66% from FY 2020). Net income: ₫34t (up 171% from FY 2020). Profit margin: 23% (up from 14% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 7.7%. Over the next year, revenue is forecast to stay flat compared to a 4,722% growth forecast for the mining industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth. Annuncio • Mar 31
Hoa Phat Group Joint Stock Company, Annual General Meeting, May 20, 2022 Hoa Phat Group Joint Stock Company, Annual General Meeting, May 20, 2022, at 08:30 SE Asia Standard Time. Location: Melia Hotel, 44 Ly Thuong Kiet, Tran Hung Dao Ward, Hoan Kiem, Ha Noi Ha Noi Vietnam Reported Earnings • Jan 30
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: ₫7,708 (up from ₫2,849 in FY 2020). Revenue: ₫150t (up 66% from FY 2020). Net income: ₫34t (up 171% from FY 2020). Profit margin: 23% (up from 14% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 7.7%. Over the next year, revenue is forecast to grow 1.8%, compared to a 20% growth forecast for the mining industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Jan 22
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 24%. The fair value is estimated to be ₫54,324, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% per annum over the last 3 years. Earnings per share has grown by 48% per annum over the last 3 years. Major Estimate Revision • Dec 25
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 EPS estimate fell from ₫8,310 to ₫7,455 per share. Revenue forecast steady at ₫149t. Net income forecast to grow 1.8% next year vs 27% growth forecast for Metals and Mining industry in Vietnam. Consensus price target down from ₫65,498 to ₫63,973. Share price was steady at ₫46,050 over the past week. Reported Earnings • Nov 03
Third quarter 2021 earnings released The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₫39t (up 57% from 3Q 2020). Net income: ₫10t (up 174% from 3Q 2020). Profit margin: 27% (up from 15% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Major Estimate Revision • Aug 11
Consensus EPS estimates increase to ₫6,710 The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from ₫149t to ₫151t. EPS estimate increased from ₫6,098 to ₫6,710 per share. Net income forecast to grow 18% next year vs 39% growth forecast for Metals and Mining industry in Vietnam. Consensus price target up from ₫53,757 to ₫56,162. Share price rose 4.0% to ₫49,400 over the past week. Reported Earnings • Aug 01
Second quarter 2021 earnings released The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₫35t (up 72% from 2Q 2020). Net income: ₫9.72t (up 254% from 2Q 2020). Profit margin: 28% (up from 13% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Jun 09
Price target increased to ₫51,723 Up from ₫47,681, the current price target is an average from 8 analysts. New target price is approximately in line with last closing price of ₫50,300. Stock is up 220% over the past year. Major Estimate Revision • Jun 08
Consensus EPS estimates increase to ₫6,245 The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from ₫140t to ₫145t. EPS estimate increased from ₫5,339 to ₫6,245 per share. Net income forecast to grow 46% next year vs 42% growth forecast for Metals and Mining industry in Vietnam. Consensus price target up from ₫47,681 to ₫49,894. Share price fell 9.9% to ₫50,000 over the past week. Annuncio • Jun 02
Hoa Phat Group Joint Stock Company (HOSE:HPG) acquired Roper Valley Iron Ore Mine Project. Hoa Phat Group Joint Stock Company (HOSE:HPG) acquired Roper Valley Iron Ore Mine Project on May 31, 2021. The acquisition is approved by the Australia's Foreign Investment Review Board.
Hoa Phat Group Joint Stock Company (HOSE:HPG) completed the acquisition of Roper Valley Iron Ore Mine Project on May 31, 2021. Upcoming Dividend • May 24
Upcoming dividend of ₫500 per share Eligible shareholders must have bought the stock before 31 May 2021. Payment date: 11 June 2021. Trailing yield: 0.8%. Lower than top quartile of Vietnamese dividend payers (7.6%). In line with average of industry peers (0.8%). Price Target Changed • May 08
Price target increased to ₫61,694 Up from ₫57,494, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of ₫60,800. Stock is up 212% over the past year. Reported Earnings • Apr 28
First quarter 2021 earnings released The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₫31t (up 62% from 1Q 2020). Net income: ₫6.98t (up 205% from 1Q 2020). Profit margin: 22% (up from 12% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Apr 27
Price target increased to ₫57,494 Up from ₫52,739, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of ₫55,100. Stock is up 201% over the past year. Price Target Changed • Mar 26
Price target increased to ₫48,297 Up from ₫42,663, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of ₫46,200. Stock is up 242% over the past year. Is New 90 Day High Low • Feb 26
New 90-day high: ₫45,600 The company is up 26% from its price of ₫36,250 on 27 November 2020. The Vietnamese market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₫36,548 per share. Major Estimate Revision • Feb 09
Analysts increase revenue estimates to ₫119t The 2021 consensus revenue estimate increased from ₫105t. Earning per share (EPS) estimate also increased from ₫4,481 to ₫5,195 for the same period. Net income is expected to grow by 11% next year compared to 39% growth forecast for the Metals and Mining industry in Vietnam. The consensus price target increased from ₫37,368 to ₫42,663. Share price is up 3.2% to ₫41,800 over the past week. Price Target Changed • Feb 09
Price target raised to ₫40,963 Up from ₫37,368, the current price target is an average from 5 analysts. The new target price is close to the current share price of ₫41,800. As of last close, the stock is up 113% over the past year. Reported Earnings • Feb 01
Full year 2020 earnings released: EPS ₫4,056 (vs ₫2,272 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ₫90t (up 42% from FY 2019). Net income: ₫13t (up 79% from FY 2019). Profit margin: 15% (up from 12% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Analyst Estimate Surprise Post Earnings • Feb 01
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Over the next year, revenue is forecast to grow 23%, compared to a 14% growth forecast for the Metals and Mining industry in Vietnam. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₫37,500, the stock is trading at a trailing P/E ratio of 11.6x, down from the previous P/E ratio of 13.6x. This compares to an average P/E of 9x in the Metals and Mining industry in Vietnam. Total returns to shareholders over the past three years are 37%. Is New 90 Day High Low • Jan 11
New 90-day high: ₫43,050 The company is up 54% from its price of ₫28,000 on 13 October 2020. The Vietnamese market is up 24% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 53% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₫32,947 per share. Price Target Changed • Jan 11
Price target raised to ₫37,368 Up from ₫34,650, the current price target is an average from 5 analysts. The new target price is 13% below the current share price of ₫43,050. As of last close, the stock is up 113% over the past year. Is New 90 Day High Low • Dec 22
New 90-day high: ₫39,350 The company is up 53% from its price of ₫25,800 on 23 September 2020. The Vietnamese market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 51% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₫33,388 per share. Is New 90 Day High Low • Dec 07
New 90-day high: ₫38,200 The company is up 55% from its price of ₫24,650 on 08 September 2020. The Vietnamese market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 52% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₫28,109 per share. Valuation Update With 7 Day Price Move • Nov 23
Market bids up stock over the past week After last week's 16% share price gain to ₫37,500, the stock is trading at a trailing P/E ratio of 11.6x, up from the previous P/E ratio of 10x. This compares to an average P/E of 11x in the Metals and Mining industry in Vietnam. Total returns to shareholders over the past three years are 113%. Is New 90 Day High Low • Nov 09
New 90-day high: ₫31,500 The company is up 30% from its price of ₫24,250 on 11 August 2020. The Vietnamese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₫25,966 per share. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of ₫11t, up 46% from the prior year. Total revenue was ₫82t over the last 12 months, up 37% from the prior year. Is New 90 Day High Low • Oct 09
New 90-day high: ₫28,500 The company is up 23% from its price of ₫23,125 on 10 July 2020. The Vietnamese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₫25,641 per share. Is New 90 Day High Low • Sep 24
New 90-day high: ₫25,800 The company is up 13% from its price of ₫22,750 on 25 June 2020. The Vietnamese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₫25,288 per share.