Intrinsic value vs last close
Model estimate- Last close (USD)
- 339.31
- Intrinsic value (USD)
- 134.83
Intrinsic value = sector model's value (no adjustment)
Earnings-capitalised value
Cost of equity 10.7% · price volatility 24.1%
Last year's earnings per share, capitalised at a cost of equity that rises with this share's own price swings, growing at the sector's long-run rate.
This is a different figure from the intrinsic value above. The intrinsic value is what the sector model says the business is worth. On Vietnamese stocks this figure has ranked future returns best in our track record; this market has no track record here yet.
Why it needs review
- The cash-flow figures needed for a comparison are missing.
This estimate remains visible for checking its calculation. Its inputs require review before using it in a stock comparison. The model comparison behind this value needs review. The estimate does not remove the data limitations listed above.
Comparison assessed 3 Nov 2026Valid through 2 Dec 2026
- Model reliability
- High
- Model fitInput stabilityRisk checks
- High requires the model’s diagnostic criteria to be met.
- Probability of outperforming peers
- Not assessed
- A separate peer-outperformance probability is unavailable for this valuation.
These assessments address different questions. Neither establishes that the displayed valuation is correct or guarantees a future return.
Valuation Breakdown
Technology companies combine high growth potential with the risk of overvaluation. This model blends DCF (60% weight, capturing long-duration growth) with a P/E sanity check (40% weight, capping speculative excess). The DCF lets growth fade more slowly than in any other sector, recognizing that tech companies can sustain competitive advantages longer. The P/E component applies a dynamic ceiling: max P/E = min(growth% x 1.5, 30), preventing runaway valuations.
Technical details
Tech firms combine high growth potential with current profitability that peers can benchmark. Pure DCF could overvalue if growth assumptions are too aggressive. The P/E blend acts as a market-calibrated anchor, while the PEG-based cap prevents paying excessive multiples.
DCF: 10-year FCF projection with growth capped at 20%, fading more slowly than in any other sector toward the sector's long-run growth rate. P/E: 5-year median P/E capped at dynamic ceiling (growth x 1.5, max 30). Blend: 60% DCF + 40% P/E.
Technology and IT companies where high growth potential must be balanced against the risk of speculative overvaluation.
We compare the sector model's value with the last close. This market has no track record here yet, so the value is shown as the model gives it.
Intrinsic value = sector model's value (no adjustment)
DCF Sensitivity
Values from the standalone DCF scenarios below. These scenarios leave out the other parts of a blended model and do not reproduce the headline value.
Earnings Quality
Quantitative Scores
Key Ratios
- P/B
- 68.21
- P/S
- 12.09
- ROE
- 151.9%
- EPS
- 7.49
- BVPS
- 4.93
- Net Margin
- 26.9%
- D/E
- 1.23
- Rev Growth
- +6.4%
- EV/EBITDA
- 35.00
- Div Yield
- —
Company Overview
- Shares outstanding
- 14,594M
- Industry
- Electronic Computers