NLG

Công ty Cổ phần Đầu tư Nam Long

VietnamReal EstateBất động sảnHOSECT

21.150

VND · Close 2 Nov 2026

Calibrated intrinsic value vs last close

Illustrative estimate

Comparison requires review

+22.5%Calibrated value vs last close

Last close (VND): 21.150
Calibrated intrinsic value (VND): 25.909

Last close × (1 + calibrated gap / 100)

Earnings-capitalised value

Not available: the company reported a loss last year or its shares have too short a price history.

How it is calculated

1
Measure the gap
Between the model and the last close.
2
Check the record2015–2024
What gaps of that size went on to earn over the following year.
3
Apply to the close
That return is applied to the last close.

Keep in mind

For illustration only: not a validated forecast.
No uncertainty range: the estimate is a single figure.
Older record: it has not been re-measured on the current data.

Why it needs review

The model uses profit in place of cash flow, which was not available.
The latest cash flow is zero or negative.

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: Low; 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.

Assessed 30 Oct 2026Not updated with daily prices

These assessments address different questions. Neither establishes that the displayed valuation is correct or guarantees a future return.

Published filingsValued 30 Oct 2026Anchored to close on 2 Nov 2026Recalculated when the displayed close changes.

Valuation Breakdown

CT→Bất động sản→Real Estate

Classified as real estate because ICB sector “Bất động sản” maps to the real estate group.

ModelRNAV + DCF Blend

Intrinsic = 40% x RNAV proxy + 60% x DCF Value

Developers often carry land banks at historical cost under VAS, so book value can understate asset value. This model blends two approaches: an RNAV proxy (book value with its property share marked up 1.5×) weighted 40%, and a DCF on normalized cash flows weighted 60%. Highly leveraged firms receive a +2% WACC penalty.

Technical details

Why this model

RE developers carry large land inventories at historical cost; cash flows depend on project delivery timing. RNAV captures hidden land value, while DCF captures earnings power. The leverage screen guards against over-leveraged developers.

How it works

RNAV proxy: the property share of BVPS (investment property, fixed assets and inventories over total assets) × 1.5 plus the rest at book, or 1.25× all of book when that share is 10% or less or unknown, cut by up to 50% as D/E rises above 2. DCF: 5-year projection on median cash flow with CAPM-derived WACC. If D/E > 3 or interest coverage < 1.5, WACC is increased by 2%. Final value = 40% RNAV + 60% DCF.

Best for

Property developers and real estate firms with significant land banks recorded at below-market historical cost.

Weighted Avg Cost of Capital

Risk-Free (Rf)

4.36%

Betasector default

1.002

ERP

4.38%

CRP

2.75%

Cost of Equity (Ke)

11.50%

E/(D+E)

68.90%

Kd(1-t)

3.61%

D/(D+E)

31.10%

WACC

10.00%

Growth Estimate

fundamental firm blend3.50%

Growth decays 10%/yr toward terminal

Model Inputs

Valuation

We take the model’s gap to the last close, read what gaps of that size went on to earn over the following year in our 2015 to 2024 record, and apply that to the last close.

Last close (VND)→21.150

Calibrated value vs last close→+22.5%

Last close × (1 + calibrated gap / 100)

Calibrated intrinsic value (VND)

25.909

What feeds each step— click a source to highlight it in the statements

Discount rate (WACC)10.00%high risk: no

Growth rate3.50%growth method: fundamental firm blend

Base cash flow1.2 nghìn tỷone off strip ratio: 0

DCF Sensitivity

Illustrative calibrated values from the standalone DCF scenarios below, anchored to the same last close. These scenarios leave out the other parts of a blended model and do not reproduce the headline value.

WACC \ Growth	0.5%	2.0%	3.5%	5.0%	6.5%
8.0%	28.518	28.518	28.518	28.518	28.518
9.0%	28.518	28.518	28.518	28.518	28.518
10.0%	27.545	27.545	27.545	27.957	28.518
11.0%	25.909	25.972	27.545	27.545	27.545
12.0%	25.821	25.821	25.821	25.821	25.909

Above market priceBelow market priceCurrent estimate

NLG among Real Estate

Every stock in the sector, NLG marked: calibrated gap vs close across, market value up, model reliability into the board

Each bead is one stock in the sector; the amber bead with its stem is NLG. Drag to turn; open another stock from its bead.

Feeds valuation:Cost of capitalGrowthModel inputsFinal calculation

Line item	2026	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
CURRENT ASSETS (Bn. VND)	·	19,246	27,549	25,313	23,720	21,784	9,570	7,923	7,320	6,779	5,828	4,699	3,391	2,865
Cash and cash equivalents (Bn. VND)Net debt bridge	·	6,814	5,443	2,540	3,773	3,112	1,073	1,901	2,084	2,082	932	423	374	167
Short-term investments (Bn. VND)Net debt bridge	·	1,352	623	1,050	987	744	35	67	16	60	39	17	16	3
Accounts receivable (Bn. VND)	·	1,891	2,797	3,637	3,570	1,934	2,228	1,548	1,833	579	1,095	516	320	276
Prepayments to suppliers (Bn. VND)	·	371	492	966	1,232	524	478	743	308	120	557	262	96	65
Net Inventories	·	8,678	17,993	17,353	14,830	15,490	6,069	4,298	3,261	3,884	3,698	3,673	2,610	2,360
Inventories, Net (Bn. VND)	·	8,742	18,061	17,421	14,900	15,561	6,069	4,298	3,261	3,884	3,700	3,673	2,610	2,360
Other current assets	·	511	692	733	559	505	164	109	126	173	64	70	71	60
Other current assets (Bn. VND)	·	0	0	0	0	0	0	0	0	0	0	0	44	38
LONG-TERM ASSETS (Bn. VND)	·	7,318	2,769	3,298	3,365	1,833	4,073	2,981	2,254	1,127	381	323	539	459
Long-term trade receivables (Bn. VND)	·	1,185	10	13	11	82	102	427	199	76	125	86	0	0
Other long-term receivables (Bn. VND)	·	750	10	13	11	9	102	354	160	40	125	85	0	0
Fixed assets (Bn. VND)	·	108	143	141	154	78	77	77	52	56	55	50	55	53
Tangible fixed assets	·	59	72	58	67	59	58	58	40	44	42	39	43	42
Intagible fixed assets	·	48	71	82	87	19	20	19	13	13	13	12	11	11
Investment in properties	·	445	316	305	337	359	260	185	38	33	39	57	60	61
Long-term investments (Bn. VND)	·	5,038	1,794	2,220	2,136	873	3,262	1,809	1,684	755	31	30	290	260
Investments in associate companies	·	5,036	1,792	2,217	2,034	804	3,260	1,806	1,680	750	25	24	157	161
Other long-term assets (Bn. VND)	·	2	2	2	2	2	2	2	4	6	6	6	134	99
Less: Provision for diminuation in value of long term investments	·	0	0	0	0	0	0	0	0	0	−0.2	−0.5	−1	−0.6
Goodwill	·	0	0	0	0	0	0	0	0	0	0	0	24	2
Other non-current assets	·	527	500	575	702	422	333	289	271	206	131	100	109	83
Long-term prepayments (Bn. VND)	·	49	99	124	357	194	104	17	12	3	48	10	18	16
TOTAL ASSETS (Bn. VND)	·	26,565	30,318	28,611	27,085	23,618	13,643	10,904	9,574	7,906	6,209	5,022	3,929	3,324
LIABILITIES (Bn. VND)	·	11,740	15,749	15,078	13,770	10,090	6,922	4,704	4,290	4,183	3,062	2,596	1,938	1,742
Current liabilities (Bn. VND)	·	6,454	10,227	9,886	8,851	6,318	4,439	3,024	2,694	3,061	2,179	2,102	1,476	1,449
Short-term borrowings (Bn. VND)Discount rate (WACC) +1	·	1,017	2,958	2,402	1,804	1,293	932	63	201	216	354	225	180	511
Advances from customers (Bn. VND)	·	2,588	3,024	3,815	3,271	2,463	2,098	1,322	1,080	1,250	652	999	594	364
Long-term liabilities (Bn. VND)	·	5,286	5,523	5,192	4,919	3,772	2,483	1,680	1,596	1,123	882	494	463	293
Long-term borrowings (Bn. VND)Discount rate (WACC) +1	·	4,505	4,003	3,705	3,375	2,315	1,525	806	806	229	350	413	438	259
OWNER'S EQUITY(Bn.VND)Discount rate (WACC)	·	14,824	14,569	13,533	13,315	13,528	6,720	6,200	5,285	3,723	3,147	2,426	1,934	1,290
Capital and reserves (Bn. VND)	·	14,824	14,569	13,533	13,315	13,528	6,720	6,200	5,285	3,723	3,147	2,426	1,934	1,290
Paid-in capital (Bn. VND)	·	4,851	3,848	3,848	3,841	3,829	2,853	2,597	2,391	1,572	1,421	1,416	1,340	955
Investment and development funds (Bn. VND)	·	11	11	11	11	11	11	11	11	11	11	11	3	2
Other Reserves	·	2	2	2	2	2	2	2	2	1	1	1	2	3
Undistributed earnings (Bn. VND)	·	3,656	3,171	2,879	2,493	2,444	2,132	1,839	1,294	864	578	358	219	199
Minority Interest	·	0	0	0	0	0	0	0	0	0	0	0	58	292
TOTAL RESOURCES (Bn. VND)	·	26,565	30,318	28,611	27,085	23,618	13,643	10,904	9,574	7,906	6,209	5,022	3,929	3,324
Short-term loans receivables (Bn. VND)	·	75	95	106	106	89	145	0	237	42	42	0	0	0
Long-term loans receivables (Bn. VND)	·	435	0	0	0	73	0	74	39	36	0	0	0	0
Convertible bonds (Bn. VND)	·	0	0	0	0	0	0	0	0	471	463	0	0	0
Common shares (Bn. VND)	·	4,851	3,848	3,848	3,841	3,829	2,853	2,597	2,391	1,572	1,421	1,416	1,340	955
Good will (Bn. VND)	·	0	0	3	8	12	5	7	4	9	14	19	0	0
MINORITY INTERESTSNet debt bridge	·	2,162	4,894	4,150	4,325	4,598	1,117	1,145	684	803	664	209	0	0

Earnings Quality

Fiscal year 2025

Weak

Accrual QualityLow accruals vs reported earnings

Cash ConversionOperating cash flow vs net income

ReceivablesDSO trend vs revenue growth

100

Margin StabilityConsistency of profit margins

Revenue QualityConsistency of revenue growth

Financial Forensics

Beneish M-Score · 2025

75th–90th

M −1.62 · 77th pctile vs VN companies

YoY ▲ +0.25

Conservative vs VN peersUnusual accounting movement

Compare across the whole market

Ranked vs Vietnamese peers. The −1.78 Beneish cutoff is US-calibrated; ~28% of VN stocks exceed it.

DSRI

0.862

GMI

1.017

AQI

3.134

SGI

0.784

DEPI

0.801

SGAI

1.182

TATA

0.068

LVGI

0.879

Checks measured on Vietnamese companies · FY2025

Cash conversion, 3 yearsOperating cash flow / net profit: −0.6416th pctile
Receivables outside the trade cyclePrepayments to suppliers, loans and other long-term receivables / total assets: 6.1%72nd pctile
Accumulated losses / paid-in capitalUndistributed earnings below zero: None
Consecutive years of net lossProfit after tax of the parent: 0
Owner's equityWithout the non-controlling interest: Positive

Percentiles rank each fiscal year against Vietnamese non-financial companies (0 lowest, 100 highest). Over FY2015-2024, low cash conversion and a large share of receivables outside the trade cycle came before more listing trouble and more net losses the next year.

Statutory loss tests (Decree 155/2020/NĐ-CP, Art. 120(1)(e), amended by Decree 245/2025/NĐ-CP): a HOSE or HNX listing is cancelled when the audited annual statements show net losses in each of the latest 3 years, accumulated losses above the paid-in charter capital, or negative owner's equity. Read here from the annual statements as the data vendor publishes them.

The company's Beneish M-Score is -1.6223 (76th percentile vs Vietnamese peers) with a year-over-year increase of +0.25, indicating accounting metrics that are more aggressive than most domestic peers and that have moved toward greater aggressiveness. Earnings-quality signals are mixed: accruals and receivables look good (72.6/100 and 100/100) while cash conversion and revenue quality score 0/100. The Altman Z-Score is 1.90 (grey zone) and the Piotroski F-Score is weak at 2/9.

Red Flags

Beneish M-Score = -1.6223 (measures likelihood of earnings manipulation; the company's score is above the US -1.78 threshold but that threshold is US-calibrated — among Vietnamese peers the company is at the 76th percentile, meaning 24% of peers are more aggressive and ~28% of Vietnamese names exceed the US cutoff).
Year-over-year M-Score change = +0.25 (measures trajectory of the manipulation-risk signal; a positive change shows the Beneish indicators have moved toward more aggressive accounting compared with last year).
AQI (Asset Quality Index) = 3.1339 (measures increases in non-current asset lines relative to sales; a large AQI can reflect reclassification of costs or capitalisation that increases reported profit), and LVGI (Leverage Index) = 0.8790 (measures change in leverage; less than 1 here but combined with AQI suggests asset-side reclassifications).
TATA (Total Accruals to Total Assets) = 0.0685 (measures accrual intensity; positive accruals mean earnings exceed cash flows), and operating cash conversion (three-year OCF / net profit) = -0.64 (16th percentile among VN peers) — profit is not converting into cash over the three-year window.
Revenue quality = 0.0/100 and Cash conversion = 0.0/100 in the Earnings Quality Score (these metrics measure the extent to which reported revenue and profits are supported by cash and recurring drivers; both scoring zero is a notable concern).
Piotroski F-Score = 2/9 (measures nine fundamental health signals; a low score indicates weak profitability, leverage/liquidity improvements or operating efficiency by Piotroski's criteria).
Altman Z-Score = 1.90 (grey zone; measures distance to financial distress using profitability, leverage, liquidity and activity ratios).

Positive Signals

Receivables quality = 100.0/100 (this component measures the extent receivables behaviour is consistent with reported revenue; a perfect score indicates no flagged receivable abnormalities by the applied metric).
Accruals quality = 72.6/100 (measures the relative size and stability of accruals versus peers; a higher score indicates accruals are not unusually large or volatile).
DSRI (Days Sales Receivable Index) = 0.8619 (measures receivables relative to sales; below 1 suggests receivables are declining relative to sales rather than ballooning).
SGI (Sales Growth Index) = 0.7845 and DEPI (Depreciation Index) = 0.8008 (SGI <1 shows sales did not grow rapidly year-over-year; DEPI <1 indicates depreciation policies did not shorten life or reduce depreciation expense relative to prior year).
No accumulated losses; owner's equity (excluding minorities) is positive; parent net loss count = 0 years up to FY2025 (these are statutory statement facts showing the company has not reported cumulative statutory losses and equity remains positive).

Ownership Risk

Shareholdings are moderately concentrated among individuals and institutions: the largest individual shareholder holds 7.9% (Nguyễn Xuân Quang), with several institutional holders at 7.6%, 5.7%, 4.5% and 4.3%. There is no single controlling majority disclosed; director-deal registrations show 27 purchase registrations (16 registrants) and 0 sale registrations between 2025-10-30 and 2026-10-30 — these are exchange-registered intentions to trade, not executed trades.

To check in the filings

Compare the three-year operating cash flows to reported net profit in the consolidated cash flow statement and management discussion to reconcile the cash conversion ratio (OCF / net profit = -0.64).
Open the notes on receivables, prepayments and other non-trade receivables to verify the composition of the 6.1% of total assets classified as 'receivables outside the trade cycle' (loans receivable, long-term receivables, prepayments to suppliers).
Inspect the fixed-asset and intangible-asset schedules and the depreciation/amortisation policy note to review asset capitalisation and the component behind AQI = 3.1339 and DEPI = 0.8008.
Review related-party disclosures and the schedule of transactions with affiliates (loans to/from related parties, guarantees, and large prepayments) to assess whether cash, receivables or asset reclassifications involve group entities.

Generated by AI based on quantitative data. Not financial advice.

Quantitative Scores

F-Score

2/9

Weak

Z-Score

1.90

Grey Zone

Sharpe

−1.36

Negative

Composite

50 to 69

Piotroski F-Score Breakdown

✓Net Income > 0

✗Operating CF > 0

✗ROA Rising

✗OCF > Net Income

✗Lower Leverage

✓Better Liquidity

✗No Dilution

✗Margin Up

✗Turnover Up

DuPont Decomposition

Tax Burden0.80×Interest Burden1.03×Op. Margin0.20×Turnover0.21×Leverage1.79=ROE6.4%

Price Risk

Momentum

−37.6%

Volatility

32.3%

Max Drawdown

−49.9%

Key Ratios

Fiscal year 2025

15.22P/E

P/B: 0.84
P/S: 1.89
ROE: 6.3%
ROA: 2.5%
EPS: 1.446
BVPS: 26.102
Gross Margin: 41.8%
Net Margin: 16.8%
D/E: 0.37
Current Ratio: 2.98
Rev Growth: −21.6%
Profit Growth: +35.4%
EV/EBITDA: 9.13
Div Yield: 1.8%

Company Overview

Shares outstanding: 485M
Charter Capital: 4,851B VND
Sector (ICB L2): Bất động sản
Industry (ICB L3): Bất động sản
Sub-industry: Bất động sản
Company Type: CT

Ownership network

Common ownership links for NLG. Hover for detail, select a link to open it.

Shareholders

Nguyễn Xuân Quang

Indiv

7.9%

38.2M

2026-06-30

Ibeworth Pte. Ltd.

Inst

7.6%

29.4M

2025-06-30

Fiera Capital (UK) Limited as Investment Manager for various funds

Inst

5.7%

27.6M

2025-11-21

PYN Elite Fund

Inst

4.5%

15.5M

2021-12-08

CTBC Vietnam Equity Fund

Inst

4.3%

16.7M

2023-09-14

Trần Thanh Phong

Indiv

4.3%

20.9M

2026-06-30

Công ty Cổ phần Hướng Việt Holdings

Inst

4.2%

6.0M

2014-02-13

Công Ty Cổ Phần Đầu Tư Thái Bình

Inst

3.5%

17.0M

2026-06-30

Lâm Xuân Hoàng Lan

Indiv

3.3%

4.7M

2013-12-31

Swift Current Offshore Ltd.

Inst

2.6%

3.6M

2014-02-13

Vietnam Enterprise Investments Limited

Inst

2.1%

8.1M

2025-08-11

Nguyễn Thị Bích Ngọc

Indiv

2.1%

8.0M

2023-12-31

Công ty Cổ phần Đầu Tư Và Xây Dựng Tây Hồ

Inst

2.1%

2.9M

2015-05-11

asia value investment limited

Inst

2.0%

9.9M

2026-01-19

Nguyễn Thị Hương

Indiv

1.7%

2.4M

2013-12-31

Mekong Holdings Inc

Inst

1.6%

2.3M

2014-02-13

Nguyễn Hiệp

Indiv

1.6%

7.8M

2026-07-31

Nguyễn Nam

Indiv

1.6%

7.8M

2026-07-31

swiftcurrent partners, l.p

Inst

1.6%

2.3M

2014-02-13

Norges Bank

Inst

1.3%

4.9M

2025-08-11

VOF Investment Limited

Inst

1.2%

5.7M

2026-01-19

Cao Tấn Thạch

Indiv

1.0%

4.8M

2026-06-30

amersham industries limited

Inst

0.9%

3.4M

2025-08-11

Preston Pacific Limited

Inst

0.7%

3.5M

2026-01-19

Công ty Cổ phần Chứng khoán Thành phố Hồ Chí Minh

HCM

0.7%

1.0M

2014-02-13

DC Developing Markets Strategies Public Limited Company

Inst

0.5%

1.9M

2025-08-11

Quỹ Đầu tư Cổ phiếu Kinh tế hiện đại VinaCapital

Inst

0.5%

2.2M

2026-01-19

Chu Chee Kwang

Indiv

0.4%

1.1M

2021-06-30

Cao Duy Thông

Indiv

0.4%

1.9M

2026-06-30

Đỗ Ngọc Minh

Indiv

0.3%

1.1M

2023-12-31

Hanoi Investments Holdings Limited

Inst

0.3%

1.1M

2025-06-13

Vietnam Investment Property Holdings Limited

Inst

0.3%

1.3M

2026-01-19

Vietnam Ventures Limited

Inst

0.2%

1.0M

2026-01-19

Quỹ Đầu tư Bất động sản Techcom Việt Nam

Inst

0.2%

495,737

2020-06-30

Quỹ Đầu tư Cổ phiếu Doanh nghiệp hàng đầu Vinacapital

Inst

0.2%

942,598

2026-01-19

Ngô Thị Ngọc Liễu

Indiv

0.1%

700,000

2026-06-30

Châu Quang Phúc

Indiv

0.1%

514,348

2022-02-21

Matthews Asia ESG Fund

Inst

0.1%

307,423

2018-11-29

Trần Xuân Ngọc

Indiv

0.1%

484,839

2024-02-06

Samsung Vietnam Securities Master Investment Trust

Inst

0.1%

468,000

2025-08-11

Board & Management

Nguyễn Xuân Quang7.9%

Chairman of Management Board

Trần Thanh Phong4.3%

Vice Chairman of Management Board/Spokesman/Internal auditor

Cao Tấn Thạch1.0%

Member of Management Board/Internal auditor

Châu Quang Phúc0.1%

Chief Financial Officer

Nguyễn Thanh Hương

Director of Investment

Chad Ryan Ovel

Vice Chairman of Management Board

Châu Ngọc Ánh Nguyệt

Person in charge of Corporate governace

Nguyễn Hoàng Vĩnh Viễn

Director

Nguyễn Quang Đức

Chief Accountant

Kenneth Michael Atkinson

Independent Member of Management Board/Head of Internal auditor

Top connections

STK20.2%ASM11.2%WCS10.0%HDG4 links MIG9.9%DSE9.0%YEG8.9%SHS7.7%ACC7.4%FUEVFVND6.9%NTL5.0%AAA5.0%

Director-deal registrations · 12 months

Sale registrations: None
Purchase registrations: 27 by 16 traders; 22,151,775 shares · 1 without a stated volume

Nguyễn Hiệp
Purchase · Related person
1,000,000
2026-07-15
Nguyễn Nam
Purchase · Related person
1,000,000
2026-07-03
Cao Tấn Thạch
Purchase · Insider
500,000
2026-04-15
Cao Duy Thông
Purchase · Related person
200,000
2026-04-14
Nguyễn Hiệp
Purchase · Related person
1,000,000
2026-03-12
Nguyễn Nam
Purchase · Related person
1,000,000
2026-03-12
Chad Ryan Ovel
Purchase · Insider
50,000
2026-03-05
Quỹ Đầu tư Cổ phiếu Kinh tế hiện đại VinaCapital
Purchase · Institution
—
2026-01-19

19 more registrations

Cao Tấn Thạch
Purchase · Insider
225,000
2025-12-22
Nguyễn Hoàng Vĩnh Viễn
Purchase · Insider
45,000
2025-12-22
Nguyễn Thanh Hương
Purchase · Insider
135,000
2025-12-22
Nguyễn Thị Phượng
Purchase · Insider
45,000
2025-12-22
Phạm Thị Tố Sương
Purchase · Related person
10,000
2025-12-22
Trần Minh Ngọc Thu
Purchase · Related person
50,000
2025-12-22
Trần Thanh Phong
Purchase · Insider
1,108,643
2025-12-22
Kenneth Michael Atkinson
Purchase · Insider
5,610
2025-11-24
Nguyễn Thị Phượng
Purchase · Insider
5,117
2025-11-24
Phạm Thị Tố Sương
Purchase · Related person
2,900
2025-11-24
Cao Duy Thông
Purchase · Related person
520,000
2025-11-21
Nguyễn Quang Đức
Purchase · Insider
8,904
2025-11-19
Chad Ryan Ovel
Purchase · Insider
13,000
2025-11-19
Trần Thanh Phong
Purchase · Insider
4,077,775
2025-11-19
Cao Tấn Thạch
Purchase · Insider
857,185
2025-11-18
Nguyễn Hiệp
Purchase · Related person
2,472,599
2025-11-18
Nguyễn Nam
Purchase · Related person
3,097,816
2025-11-18
Nguyễn Xuân Quang
Purchase · Insider
4,697,739
2025-11-18
Châu Ngọc Ánh Nguyệt
Purchase · Insider
24,487
2025-11-18

Insiders, large holders and related persons register a trade before they make it. A registration is not an executed trade, and a holder that did not trade often registers again.

Computed 30/10/2026

Calibrated intrinsic value vs last close

Earnings-capitalised value

How it is calculated

Keep in mind

Why it needs review

Valuation Breakdown

DCF Sensitivity

NLG among Real Estate

Financial Statements

Earnings Quality

Financial Forensics

Checks measured on Vietnamese companies · FY2025

Quantitative Scores

Key Ratios

Company Overview

Ownership network

Director-deal registrations · 12 months

NLG among Real Estate

Ownership network

Director-deal registrations · 12 months