EN DE
Watch EVN Finance JSC for free: we tell you when fair value or trend changes.
Data-driven stock valuation

EVN Finance JSC (EVF) fair value: what the stock is really worth

As of Nov 6, 2026: fair value (intrinsic value) of EVN Finance JSC stock VND 9,653, price VND 11,700, that is 17.5% below the price, quality 51 out of 100. Rating: overvalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.

  1. Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free

Financial Services VN · ISIN VN000000EVF1

EF EVN Finance JSC logo Thin data Nov 5, 2026

EVN Finance JSC

EVF · VN
Expensive, in a downtrend

Our calculation puts a fair price 17% below what the stock costs today.

Healthy Growth (revenue 5y +22.1 %/yr in VND)
Highly profitable · 51.8% net margin (TTM)
Revenue last quarter +67% vs. a year ago.
Quality 51/100
Mixed vs. peers (6/11)
Wide moat 68/100 · thin data
Fair value 9,653 VND · Overvalued
Thin data
Watch EVN Finance JSC for free: we tell you when fair value or trend changes. Watch for free

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

16,250 VND 8,490 VND Fair Value 9,653 VND Apr 2025 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 5, 2026.

How to read this chart

19‑month range 8,490 VND – 16,250 VND · fair‑value band 9,506 VND – 10,593 VND · the 11,700 VND price screens above the 9,653 VND fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.

Follow EVN Finance JSC in your weekly email

Every Wednesday you see whether EVN Finance JSC is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

Which stocks are undervalued right now? Check free Discover now →

Company profile

EVF General Finance Joint Stock Company provides financial services in Vietnam.

Show moreShow less

The company offers capital mobilization, including receiving deposits; issuing certificates of deposits, promissory notes, bills, and bonds; borrowing from domestic and foreign financial organizations and credit institutions under regulations; and receiving refinancing loans from the SBV. It is also involved in credit activities, such as loans and consumer loans; and discounting and re-discounting commercial papers, negotiable instruments, and other valuable papers, securities.

In addition, the company engages in other finance and banking activities comprising opening and managing deposit and credit accounts; contributing capital and purchasing shares; providing insurance agency and consulting, asset management, safekeeping services; and trading in government bonds, foreign exchange trading, and buying and selling debts.

Further, it provides valuable papers repurchase transactions; guarantee services; loans for employees in the electricity sector. The company serves personal and corporate customers, and financial institutions.

EVF General Finance Joint Stock Company was incorporated in 2008 and is headquartered in Hanoi, Vietnam.

Stock analysis

EVN Finance JSC (EVF) currently trades at 11,700 VND, while our model-based Fair Value estimate is 9,653 VND, 17% below the price, so the stock looks overvalued today.

Show more

Valuation

Bull case: the Multiples group reads highest at a median of 16,195 VND per share, and 2 of the 6 models we run sit above the 11,700 VND price.

Bear case: the Asset-Based group reads lowest at 8,514 VND, and 4 of the 6 models stay below the price. Data coverage for this calculation is low.

Scenario range: 9,506 VND (bear) to 10,593 VND (bull), the price of 11,700 VND sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 51/100 (solid quality), in the Financial Services sector.

Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.

EVN Finance JSC reported revenue of 2.1T VND in FY2025 versus 1.1T VND in FY2021, a compound +17.1%/yr. Reported net income was 854B VND in FY2025, compounding +26.8%/yr from FY2021.

Key figures

Market cap 8.9T VND (≈ $348M) Small · P/E ratio 9.5 · P/S ratio 4.64 · EPS (TTM) 1,229 VND · Net margin 51.8% · Return on equity 9.7% · Return on assets 1.2% · Operating margin 80.1%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 68 out of 100 (low confidence).

What moves the price

The share trades about 23% below its 52-week high and 9% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Financial Services peers we cover trades at −39% fair-value upside, at −17%, EVF screens cheaper than that median.

Fair Value models

Bear 9,506 VND Fair Value 9,653 VND Bull 10,593 VND
Price 11,700 VND · Downside -17.5%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (1,054 VND per share) are deliberately not added. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
Residual Income 9,506 VND 9,653 VND 10,593 VND 76
Gordon GGM 7.14 VND 11.55 VND 14.61 VND 69
DDM Multi-Stage 7.14 VND 11.14 VND 12.46 VND 67
All 6 models by family
Dividend Discount
Gordon GGM 7.14 VND 11.55 VND 14.61 VND 69
DDM Multi-Stage 7.14 VND 11.14 VND 12.46 VND 67
Multiples
P/E Multiple 10,949 VND 14,599 VND 18,248 VND 63
P/B Multiple 13,343 VND 17,791 VND 22,239 VND 55
Asset-Based
NCAV (Graham) 6,354 VND 8,514 VND 12,708 VND 51
Economic Profit
Residual Income 9,506 VND 9,653 VND 10,593 VND 76

Open the full fair value analysis →

Quality Score breakdown

Overall quality 51/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 41
How much profit the company makes from its sales and capital
Quality Growth 68
Are margins and returns getting better?
Cashflow 94
Do the profits arrive as real cash?
Financial strength 32
Debt, balance sheet and risk of trouble
Investment 20
Does it invest with discipline instead of growing at any price?
Low Volatility 80
How calm the share price moves, does not count
Price momentum 29
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 23
Distance to the 52-week high, does not count
New shares 40
Buys back shares or issues new ones?

Open the full quality analysis →

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 95/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+53.9%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+20.5%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+22.1%
Start year 2020 (pandemic)
What shareholders gained per year (last 3 years), in VND (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 3 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. Measured in VND: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+30.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year+30.2%
Dividend (yield on the price)0.0%
2025 sits 60% above its own trend. The rate follows the median trend of the last 3 years, not that single year.

EVF screens overvalued: fair value 17% below the price. Compare with ORIX Corporation →

Compare EVN Finance JSC with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Financial Conglomerates · 49 stocks

Beats the industry median on 6/11 measures
A mixed picture versus its industry peers.
Valuation
Quality Score 51 · Below median
Fair Value upside −17.5% · Below median
Profitability
Return on equity (12 months) 9.7% · Below median
Return on assets 1.0% · Below median
Net margin (12 months) 51.8% · Top 25%
Operating margin (12 months) 80.1% · Top 25%
Growth and dividend
Revenue growth (quarter YoY) 67.3% · Top 25%

Valuation Multiplesvs Financial Conglomerates median · lower = cheaper

P/E (12 months) 9.5× · Cheaper than median
P/B 0.90× · Cheaper than median
P/S (12 months) 4.64× · Pricier than median
Price / free cash flow (fiscal year) 6.6× · Cheaper than median

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)10 · sector 39
FUTURE (revenue growth)100 · sector 71
PAST (return on equity)39 · sector 43
HEALTH (low debt)–
DIVIDEND (yield)0 · sector 64

HEALTH: for banks, insurers and similar financial firms borrowed money is part of the business, so we do not rate debt here.

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Financial Conglomerates stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Guosen Securities Co 002736 ¥9.03 ¥15.33 +70% vs EVF
ORIX Corporation IX $34.85 $59.05 +69% vs EVF
China Galaxy Securities Co 601881 ¥11.81 ¥12.36 +5% vs EVF
CNPC Capital Company 000617 ¥6.49 ¥6.25 −4% vs EVF
Voya Financial, Inc VOYA $99.01 $60.87 −39% vs EVF
Aditya Birla Capital Limited ABCAPITAL ₹398.80 ₹217.72 −45% vs EVF
Storebrand ASA STB kr 200.00 kr 108.73 −46% vs EVF
Bajaj Finserv Ltd BAJAJFINSV ₹1,865 ₹796.21 −57% vs EVF
Yuanta Financial Holding 2885 69.40 TWD 23.12 TWD −67% vs EVF
Freedom Holding FRHC $178.85 $23.86 −87% vs EVF

Explore undervalued stocks

More undervalued Financial Services stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend StocksUndervalued 52-Week Low Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Extrinsic Value Calculator…Free calculator Peter Lynch Fair Value Formula &…Free calculator
Run the numbers yourself: free valuation calculators
DCF CalculatorP/E Ratio CalculatorPEG Ratio CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorIntrinsic ValueIntrinsic vs Extrinsic ValueP/E Ratio by Sector
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

EVN Finance JSC: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "EVN Finance JSC Fair Value". https://www.fairvalue-calculator.com/stock/EVF

Frequently asked questions

Is EVN Finance JSC (EVF) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of 9,653 VND versus a price of 11,700 VND, about 17% lower (overvalued).
What is the fair value of EVF?
Our model-based fair value for EVN Finance JSC is 9,653 VND (as of Nov 5, 2026), built from audited fundamentals. The current price: 11,700 VND.
What is the quality score of EVF?
EVN Finance JSC has a Quality Score of 51/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for EVN Finance JSC (EVF)?
Our model-based price target is the fair value of 9,653 VND (as of Nov 5, 2026) from 6 valuation models. Cautious scenario 9,506 VND, optimistic scenario 10,593 VND. It is a calculation from audited fundamentals, not an analyst target.
What is the EVN Finance JSC stock forecast for 2026?
Our models put fair value at 9,653 VND, about 17% lower versus a price of 11,700 VND (overvalued). Cautious scenario 9,506 VND, optimistic scenario 10,593 VND. The calculation is refreshed regularly with new filings.
What is the revenue of EVN Finance JSC (EVF)?
EVN Finance JSC reported trailing-twelve-month revenue of about 1.9T VND (latest available figure, as of Nov 5, 2026).
What is the intrinsic value of EVN Finance JSC (EVF)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For EVN Finance JSC it is 9,653 VND per share (as of Nov 5, 2026), against a price of 11,700 VND. It is the blended result of 6 valuation models in 4 families (Dividend Discount, Multiples, Asset-Based, Economic Profit).
Is EVN Finance JSC stock overvalued or undervalued in 2026?
As of Nov 5, 2026, EVF trades above its calculated fair value: price 11,700 VND, fair value 9,653 VND, a gap of about −17% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of EVF?
No. The price is what the market pays today (11,700 VND); the fair value is what the company's own numbers justify (9,653 VND). For EVN Finance JSC the two are 2,047 VND per share apart. That gap is exactly why we show both numbers side by side.
How much is EVN Finance JSC worth?
The market values EVN Finance JSC at about 8.9T VND (market capitalisation, as of Nov 5, 2026). Per share that is 11,700 VND; our models calculate a fair value of 9,653 VND per share.
What do the bullish and bearish scenarios say about EVF?
Our models span a range for EVN Finance JSC: cautious scenario 9,506 VND, base 9,653 VND, optimistic 10,593 VND per share (as of Nov 5, 2026, price 11,700 VND). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of EVF?
EVN Finance JSC trades at a price-to-earnings ratio of 9.5 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 9,653 VND is built from several models across several years. Other multiples: P/B 0.9, P/S 4.6.
How solid is the balance sheet of EVN Finance JSC (EVF)?
Balance-sheet figures for EVN Finance JSC (as of Nov 5, 2026): return on equity 9.7%. They feed the Quality Score of 51/100, which measures business quality independently of the share price.
How far is EVF from its 52-week high?
EVN Finance JSC trades at 11,700 VND, about 23% below its 52-week high of 15,100 VND and 9% above the low of 10,750 VND (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 9,653 VND is for.
Which stocks are comparable to EVN Finance JSC?
From the same area (Financial Services) we also value ORIX Corporation, Bajaj Finserv Ltd, Yuanta Financial Holding, China Galaxy Securities Co, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is EVN Finance JSC stock attractive at the current price?
The data as of Nov 5, 2026: price 11,700 VND, calculated fair value 9,653 VND (−17%), Quality Score 51/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of EVF calculated?
We run EVN Finance JSC through 6 models from 4 families: Dividend Discount, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of 9,653 VND builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. EVN Finance JSC itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of EVN Finance JSC (EVF)?
The closing price on Nov 6, 2026 was 11,700 VND. Our model-based fair value is 9,653 VND, about 17% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with EVN Finance JSC right now?
The price sits above even our optimistic bull case (10,593 VND). The favourable scenario is already priced in. Solid but not exceptional quality (51/100) and above fair value, neither a clear bargain nor a standout compounder. The models converge in a tight band (9,506 VND to 10,593 VND), unusually little disagreement for a valuation. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.

Key figures of EVN Finance JSC

How large is the market capitalisation of EVN Finance JSC (EVF)?
The market capitalisation of EVN Finance JSC is 8.9T VND (≈ $348M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of EVN Finance JSC (EVF)?
The price-to-sales ratio of EVN Finance JSC is 4.64 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of EVN Finance JSC (EVF)?
Earnings per share at EVN Finance JSC are 1,229 VND (price ÷ EPS = P/E 9.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of EVN Finance JSC (EVF)?
The net margin of EVN Finance JSC is 51.8% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of EVN Finance JSC (EVF)?
The return on equity (ROE) of EVN Finance JSC is 9.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the return on assets of EVN Finance JSC (EVF)?
The return on assets (ROA) of EVN Finance JSC is 1.2% (last twelve months). Profit relative to everything the company owns. Harder to inflate than return on equity because debt does not boost it.
What is the operating margin of EVN Finance JSC (EVF)?
The operating margin of EVN Finance JSC is 80.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at EVN Finance JSC (EVF)?
Revenue at EVN Finance JSC is growing +67.3% versus a year earlier (3y avg +20.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at EVN Finance JSC (EVF)?
Earnings per share at EVN Finance JSC are growing +12.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does EVN Finance JSC (EVF) generate?
The free cash flow of EVN Finance JSC is 1.4T VND (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does EVN Finance JSC (EVF) carry?
The net debt of EVN Finance JSC is 42.0T VND (fiscal year 2025, ≈ 31.0 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed

Watch EVN Finance JSC in the live analysis

One click puts EVN Finance JSC on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.