Sai Gon VRG Investment Corporation

HOSE:SIP Stock Report

Market Cap: ₫17.2t

Sai Gon VRG Investment Valuation

Is SIP undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of SIP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
₫16.57k
Fair Value
391.8% overvalued intrinsic discount
3
Number of Analysts

Below Fair Value: SIP (₫81500) is trading above our estimate of fair value (₫16569.95)

Significantly Below Fair Value: SIP is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for SIP?

Key metric: As SIP is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for SIP. This is calculated by dividing SIP's market cap by their current book value.
What is SIP's PB Ratio?
PB Ration/a
Book₫3.23t
Market Cap₫17.16t

Price to Book Ratio vs Peers

How does SIP's PB Ratio compare to its peers?

The above table shows the PB ratio for SIP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average0.9x
KBC KinhBac City Development Holding
1.2x71.7%₫22.3t
VRE Vincom Retail
0.9x9.0%₫38.3t
LHG Long Hau
1.1xn/a₫1.8t
NVL No Va Land Investment Group
0.5xn/a₫18.4t
SIP Sai Gon VRG Investment
n/a10.8%₫17.2t

Price-To-Book vs Peers: Insufficient data to calculate SIP's Price-To-Book Ratio vs. peers for valuation analysis.


Price to Book Ratio vs Industry

How does SIP's PB Ratio compare vs other companies in the VN Real Estate Industry?

0 CompaniesPrice / BookEstimated GrowthMarket Cap
SIP is unprofitableIndustry Avg. 0.8xNo. of Companies7PB00.61.21.82.43+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: Insufficient data to calculate SIP's Price-To-Book Ratio vs. industry for valuation analysis.


Price to Book Ratio vs Fair Ratio

What is SIP's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SIP PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ration/a
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate SIP's Price-To-Book Fair Ratio for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst SIP forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₫81,500.00
₫96,316.00
+18.2%
4.3%₫101,600.00₫91,548.00n/a3
Feb ’26n/a
₫96,316.00
0%
4.3%₫101,600.00₫91,548.00n/a3
Jan ’26₫83,100.00
₫96,316.00
+15.9%
4.3%₫101,600.00₫91,548.00n/a3
Dec ’25₫78,600.00
₫96,316.00
+22.5%
4.3%₫101,600.00₫91,548.00n/a3
Nov ’25₫73,700.00
₫96,316.00
+30.7%
4.3%₫101,600.00₫91,548.00n/a3
Oct ’25₫72,000.00
₫90,974.00
+26.4%
0.6%₫91,548.00₫90,400.00n/a2
Sep ’25₫76,900.00
₫90,991.39
+18.3%
0.6%₫91,548.00₫90,434.78n/a2
Aug ’25₫71,800.00
₫81,645.22
+13.7%
10.8%₫90,434.78₫72,855.65n/a2
Jul ’25₫78,434.78
₫78,604.06
+0.2%
10.6%₫90,434.78₫72,521.74n/a3
Jun ’25₫78,000.00
₫78,604.06
+0.8%
10.6%₫90,434.78₫72,521.74n/a3
May ’25₫70,434.78
₫78,604.06
+11.6%
10.6%₫90,434.78₫72,521.74n/a3
Apr ’25₫79,826.09
₫78,604.06
-1.5%
10.6%₫90,434.78₫72,521.74n/a3
Mar ’25₫73,913.04
₫72,517.10
-1.9%
0.4%₫72,855.65₫72,173.91n/a3
Feb ’25₫68,695.65
₫72,347.83
+5.3%
0.2%₫72,521.74₫72,173.91n/a2
Jan ’25₫55,304.35
₫72,347.83
+30.8%
0.2%₫72,521.74₫72,173.91₫83,100.002
Dec ’24₫50,869.57
₫72,347.83
+42.2%
0.2%₫72,521.74₫72,173.91₫78,600.002
Analyst Price Target
Consensus Narrative from 3 Analysts
₫96.32k
Fair Value
15.4% undervalued intrinsic discount
3
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 12:51
End of Day Share Price 2025/02/07 00:00
Earnings2023/06/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Sai Gon VRG Investment Corporation is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Thao TranBao Viet Securities Joint Stock Company
Anh PhamViet Capital Securities Joint Stock Company
Lam Thach DoViet Dragon Securities Corporation