$VIC 📊 Company Overview & Market Position

Market Cap: ~345.9 trillion VND (~US $14.8 B) as of July 8, 2025—more than doubling (+124% YoY) .

Represents roughly 6–7% of Vietnam's HOSE exchange value, making it a key market barometer .

Beta: ~0.92—indicating volatility slightly below the broader market .

Weekly Volatility: ~8%, higher than ~75% of Vietnamese stocks .

---

💰 Financial Metrics & Valuation

Metric Value

PE (TTM) ~34×

Forward PE ~26.8×

EV/EBITDA 15.6×

Debt/Equity 1.6× & Interest Coverage ~0.33×

Operating Cash Flow 29.8 T VND; Free Cash Flow negative (~–14.9 T)

Margins Net Profit ~4.35%, Gross ~19.3%

ROE / ROA 3.9% / 1.0% respectively

Overall, solid revenue growth (~251 T VND) but stretched financially by high debt levels and capital-intensive investments—notably via VinFast and property .

---

🏢 Business Footprint & Market Capture

Multi-sector operations: Real Estate, Retail, Hospitality, Education, Healthcare, Automotive (VinFast), FMCG/tech services .

Functions as a domestic ecosystem powerhouse, influencing consumer trends and infrastructure across Vietnam.

VinFast’s US IPO and automotive push fuel both revenue diversification and market visibility .

---

📉 Recent Performance & Technicals

Stock dipped ~2.6% last week, down ~3.7% this month—cooled after strong YTD gains (+125%) .

TradingView sentiment: "Buy" in short term, mixed signals mid-term (dead cross, double-top noted by some analysts) .

---

🎯 Strategic Outlook

Growth Drivers:

Real estate & retail recovery

VinFast's global expansion

Rising income in Vietnam fueling all segments

Key Risks:

High leverage & weak liquidity (current ratio <1)

Exposure to global auto market volatility (EV sector)

Macro vulnerability (rate hikes, currency instability, regulation)