FPT Corporation

HOSE:FPT Stock Report

Market Cap: ₫219.9t

FPT Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: FPT (₫149500) is trading above our estimate of fair value (₫121321.05)

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

Key Valuation Metric

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

Key metric: As FPT is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for FPT. This is calculated by dividing FPT's market cap by their current earnings.
What is FPT's PE Ratio?
PE Ratio31.7x
Earnings₫6.93t
Market Cap₫219.92t

Price to Earnings Ratio vs Peers

How does FPT's PE Ratio compare to its peers?

The above table shows the PE ratio for FPT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average43.9x
CMG CMC
35.8x27.2%₫10.8t
ELC ELCOM Technology Communications
38.5x54.1%₫2.3t
7202 Arabian Internet and Communication Services
22.9x8.7%ر.س32.8b
COFORGE Coforge
78.5x27.0%₹625.6b
FPT FPT
31.7x25.3%₫219.9t

Price-To-Earnings vs Peers: FPT is good value based on its Price-To-Earnings Ratio (31.7x) compared to the peer average (43.9x).

Price to Earnings Ratio vs Industry

How does FPT's PE Ratio compare vs other companies in the Asian IT Industry?

11 CompaniesPrice / EarningsEstimated GrowthMarket Cap
FPT 31.7xIndustry Avg. 24.4xNo. of Companies90PE020406080100+
11 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: FPT is expensive based on its Price-To-Earnings Ratio (31.7x) compared to the Asian IT industry average (24.4x).

Price to Earnings Ratio vs Fair Ratio

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

FPT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio31.7x
Fair PE Ratio38.4x

Price-To-Earnings vs Fair Ratio: FPT is good value based on its Price-To-Earnings Ratio (31.7x) compared to the estimated Fair Price-To-Earnings Ratio (38.4x).

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 FPT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₫149,500.00
₫151,156.25
+1.1%
12.8%₫186,300.00₫108,000.00n/a13
Dec ’25₫144,300.00
₫149,848.56
+3.8%
12.8%₫186,300.00₫108,000.00n/a13
Nov ’25₫134,600.00
₫147,294.72
+9.4%
10.9%₫160,000.00₫108,000.00n/a13
Oct ’25₫135,900.00
₫142,669.28
+5.0%
10.9%₫160,000.00₫108,000.00n/a12
Sep ’25₫134,800.00
₫138,948.30
+3.1%
10.0%₫160,000.00₫108,000.00n/a11
Aug ’25₫124,800.00
₫129,074.78
+3.4%
16.0%₫160,000.00₫88,956.52n/a11
Jul ’25₫128,600.00
₫124,900.88
-2.9%
14.6%₫148,956.52₫88,956.52n/a11
Jun ’25₫117,043.48
₫119,579.04
+2.2%
14.6%₫148,956.52₫88,956.52n/a10
May ’25₫107,130.43
₫105,751.30
-1.3%
9.9%₫130,434.78₫88,956.52n/a10
Apr ’25₫101,565.22
₫101,577.39
+0.01%
7.6%₫116,521.74₫88,956.52n/a10
Mar ’25₫96,347.83
₫101,577.39
+5.4%
7.6%₫116,521.74₫88,956.52n/a10
Feb ’25₫86,869.57
₫98,873.04
+13.8%
9.9%₫116,521.74₫80,869.57n/a10
Jan ’25₫83,565.22
₫95,115.04
+13.8%
10.5%₫109,130.43₫77,882.80n/a11
Dec ’24₫80,347.83
₫95,115.04
+18.4%
10.5%₫109,130.43₫77,882.80₫144,300.0011
Nov ’24₫74,260.87
₫93,759.82
+26.3%
12.6%₫109,130.43₫72,136.11₫134,600.0011
Oct ’24₫80,695.65
₫87,228.82
+8.1%
13.1%₫104,991.30₫72,136.11₫135,900.009
Sep ’24₫84,086.96
₫84,645.24
+0.7%
11.4%₫104,347.83₫72,136.11₫134,800.009
Aug ’24₫73,478.26
₫80,457.47
+9.5%
9.5%₫95,652.17₫72,136.11₫124,800.0010
Jul ’24₫65,028.36
₫79,017.01
+21.5%
7.3%₫93,383.74₫72,136.11₫128,600.0010
Jun ’24₫63,138.00
₫79,017.01
+25.1%
7.3%₫93,383.74₫72,136.11₫117,043.4810
May ’24₫58,601.13
₫79,191.35
+35.1%
8.3%₫93,383.74₫69,489.60₫107,130.439
Apr ’24₫59,810.96
₫78,611.64
+31.4%
6.5%₫85,444.23₫69,489.60₫101,565.229
Mar ’24₫60,869.57
₫78,779.67
+29.4%
6.4%₫85,444.23₫69,489.60₫96,347.839
Feb ’24₫62,003.78
₫79,157.74
+27.7%
5.0%₫85,444.23₫72,136.11₫86,869.579
Jan ’24₫58,147.45
₫78,737.66
+35.4%
5.6%₫85,444.23₫72,136.11₫83,565.229
Dec ’23₫56,483.93
₫81,562.07
+44.4%
10.8%₫105,166.98₫72,136.11₫80,347.8310

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 05:51
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

FPT Corporation is covered by 19 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Phu TruongBao Viet Securities Joint Stock Company
Tung TranBIDV Securities Joint Stock Company
Chau PhamBIDV Securities Joint Stock Company