Vietnam Rubber Group Ltd (GVR) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Vietnam Rubber Group Ltd stock VND 33,165, price VND 29,300, upside +13.2%, quality 73 out of 100. Rating: undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range 9,596 VND – 45,750 VND · fair‑value band 23,473 VND – 43,592 VND · the 29,300 VND price screens below the 33,165 VND fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
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Vietnam Rubber Group - Joint Stock Company, together with its subsidiaries, engages in the planting, tending, exploiting, processing, and trading of rubber in Vietnam and internationally.
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It operates through seven segments: Rubber Latex Production and Trading; Production and Trading of Rubber Products; Wood Processing, Production, and Trading; Real Estate and Infrastructure Construction; Tourism, Restaurant, Hotel, and Related Services Business; Electricity Business; and Other Business Activities.
The company produces, processes, and trades in natural rubber latex, rubber industrial products, and rubberwood products; invests in the construction, sale, and lease of real estate and industrial park infrastructure, as well as other real estate activities; and leases restaurants and hotels, as well as offers tourism and other related services.
It also trades in commercial electricity; develops renewable energy sources, including solar, wind, and pumped storage hydropower; and provides consulting, construction, transportation, technical, agricultural, and other related services.
In addition, the company engages in the exploitation and processing of forestry, industrial, and agricultural crops, as well as minerals; mixed farming; wholesale trading of fertilizers, pesticides, and other agricultural chemicals; import and export; construction of civil and irrigation works; and production of bricks and tiles.
Further, it is involved in the research, training, and transfer of scientific and technological advances in the fields of agriculture and natural rubber; medical examination and treatment for workers; and journalism and printing.
The company was founded in 1975 and is headquartered in Ho Chi Minh City, Vietnam.
Stock analysis
Vietnam Rubber Group Ltd (GVR) currently trades at 29,300 VND, while our model-based Fair Value estimate is 33,165 VND, implying the stock looks roughly 12% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of 18,576 VND per share, and 2 of the 26 models we run sit above the 29,300 VND price.
Bear case: the Dividend Discount group reads lowest at 4,750 VND, and 24 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: 23,473 VND (bear) to 43,592 VND (bull), the price of 29,300 VND sits inside 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 73/100 (solid quality), in the Basic Materials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Vietnam Rubber Group Ltd reported revenue of 29.1T VND in FY2025 versus 26.2T VND in FY2021, a compound +2.7%/yr. Reported net income was 5.3T VND in FY2025, compounding +6.3%/yr from FY2021.
Key figures
Market cap 117T VND (≈ $4.6B) Mid · P/E ratio 16.5 · P/S ratio 3.51 · EPS (TTM) 1,778 VND · Dividend yield 1.6% · Net margin 21.2% · Return on equity 12.4% · Return on assets (EBIT) 5.2% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 62 out of 100 (low confidence).
What moves the price
The share trades about 36% below its 52-week high and 16% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −43% fair-value upside, at 13%, GVR screens cheaper than that median.
Fair Value models
Bear23,473 VNDFair Value 33,165 VNDBull43,592 VND
Price 29,300 VND · Upside +13.2%
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 (1,520 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.
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.83/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+10.8%
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.
+4.6%
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.
+6.6%
Start year 2020 (pandemic)
Revenue growth 6 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.
+6.6%
’19
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’25
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
11.3% (2020) → 17.1% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: only 3 usable fiscal years, at least 4 required
not computed
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+20.2%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+2.9%
Yearly sales growth analysts expect, extended to five years.
After inflation (Vietnam: IMF forecast 4.1% a year to 2030, 3.1% from 2016 to 2025) that is about +15.5% a year for the price and −1.2% for the forecasts.
Compare Vietnam Rubber Group Ltd with another stock
Price, fair value, quality and upside side by side.
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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.Specialty Chemicals · 727 stocks
Beats the industry median on 10/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score73 · Top 25%
Fair Value upside+13.2% · Above median
Profitability
Return on equity (12 months)12.4% · Top 25%
Return on assets6.2% · Above median
Net margin (12 months)21.2% · Top 25%
Operating margin (12 months)17.3% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)17.7% · Above median
Dividend yield (12 months)1.6% · Above median
Balance sheet
Debt / equity0.03× · Below median
Valuation Multiplesvs Specialty Chemicals median · lower = cheaper
P/E (12 months)16.5× · Cheaper than median
P/B2.08× · Pricier than median
P/S (12 months)3.51× · Priciest 25%
Price / free cash flow (fiscal year)20.2× · Pricier than median
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.
Cite: Fair Value Calculator (2026). "Vietnam Rubber Group Ltd Fair Value". https://www.fairvalue-calculator.com/stock/GVR
Frequently asked questions
Is Vietnam Rubber Group Ltd (GVR) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of 33,165 VND versus a price of 29,300 VND, about +13% upside (undervalued).
What is the fair value of GVR?
Our model-based fair value for Vietnam Rubber Group Ltd is 33,165 VND (as of Nov 6, 2026), built from audited fundamentals. The current price: 29,300 VND.
What is the quality score of GVR?
Vietnam Rubber Group Ltd has a Quality Score of 73/100. 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 Vietnam Rubber Group Ltd (GVR)?
Our model-based price target is the fair value of 33,165 VND (as of Nov 6, 2026) from 26 valuation models. Cautious scenario 23,473 VND, optimistic scenario 43,592 VND. It is a calculation from audited fundamentals, not an analyst target.
What is the Vietnam Rubber Group Ltd stock forecast for 2026?
Our models put fair value at 33,165 VND, about +13% upside versus a price of 29,300 VND (undervalued). Cautious scenario 23,473 VND, optimistic scenario 43,592 VND. The calculation is refreshed regularly with new filings.
What is the revenue of Vietnam Rubber Group Ltd (GVR)?
Vietnam Rubber Group Ltd reported trailing-twelve-month revenue of about 33.4T VND (latest available figure, as of Nov 6, 2026).
Does Vietnam Rubber Group Ltd pay a dividend?
Vietnam Rubber Group Ltd currently shows a dividend yield of 1.63% relative to its recent price (as of Nov 6, 2026).
How much is the dividend of Vietnam Rubber Group Ltd (GVR)?
Vietnam Rubber Group Ltd has a dividend yield of 1.6%.
What growth is priced into Vietnam Rubber Group Ltd (GVR)?
For today's price to be fair in a discounted-cash-flow model, Vietnam Rubber Group Ltd would have to grow free cash flow by +20.2 % per year for five years (discount rate 14.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +6.6 % per year. As of Nov 6, 2026.
What discount rate (WACC) does the fair value of GVR use?
Our models discount Vietnam Rubber Group Ltd at 14.8 %: a base by market capitalisation (mid), damped by beta 1.43, country premium for Vietnam. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Vietnam Rubber Group Ltd that is +20.2 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (14.8 %) and the same formula as our fair value.
How much growth has Vietnam Rubber Group Ltd (GVR) delivered so far?
Over the past 5 years revenue at Vietnam Rubber Group Ltd grew +6.6 % a year. The price currently implies free-cash-flow growth of +20.2 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Vietnam Rubber Group Ltd (GVR) growing?
The median revenue growth in the sector is +11.3 % a year. That is the yardstick for the growth priced into Vietnam Rubber Group Ltd (+20.2 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Vietnam Rubber Group Ltd (GVR)?
The free-cash-flow yield on the price is 4.95 %: that much free cash flow Vietnam Rubber Group Ltd produces per unit of market value. When it exceeds the discount rate of our models (14.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Vietnam Rubber Group Ltd (GVR)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Vietnam Rubber Group Ltd it is 33,165 VND per share (as of Nov 6, 2026), against a price of 29,300 VND. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Vietnam Rubber Group Ltd stock overvalued or undervalued in 2026?
As of Nov 6, 2026, GVR trades below its calculated fair value: price 29,300 VND, fair value 33,165 VND, a gap of about +13% (undervalued). 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 GVR?
No. The price is what the market pays today (29,300 VND); the fair value is what the company's own numbers justify (33,165 VND). For Vietnam Rubber Group Ltd the two are 3,865 VND per share apart. That gap is exactly why we show both numbers side by side.
How much is Vietnam Rubber Group Ltd worth?
The market values Vietnam Rubber Group Ltd at about 117T VND (market capitalisation, as of Nov 6, 2026). Per share that is 29,300 VND; our models calculate a fair value of 33,165 VND per share.
What do the bullish and bearish scenarios say about GVR?
Our models span a range for Vietnam Rubber Group Ltd: cautious scenario 23,473 VND, base 33,165 VND, optimistic 43,592 VND per share (as of Nov 6, 2026, price 29,300 VND). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of GVR?
Vietnam Rubber Group Ltd trades at a price-to-earnings ratio of 16.5 (as of Nov 6, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 33,165 VND is built from several models across several years. Excluding one-off items of fiscal year 2025 it is 23.4 (reported for FY2025: 22.0). Other multiples: P/B 2.1, P/S 3.5, EV/EBITDA 12.5.
How solid is the balance sheet of Vietnam Rubber Group Ltd (GVR)?
Balance-sheet figures for Vietnam Rubber Group Ltd (as of Nov 6, 2026): return on equity 12.4%, debt of 0.03 per unit of equity. They feed the Quality Score of 73/100, which measures business quality independently of the share price.
How far is GVR from its 52-week high?
Vietnam Rubber Group Ltd trades at 29,300 VND, about 36% below its 52-week high of 45,750 VND and 16% above the low of 25,300 VND (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 33,165 VND is for.
Which stocks are comparable to Vietnam Rubber Group Ltd?
From the same area (Basic Materials) we also value Linde plc, Ecolab Inc, The Sherwin-Williams Company, Nan Ya Plastics Corporation, 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 Vietnam Rubber Group Ltd stock attractive at the current price?
The data as of Nov 6, 2026: price 29,300 VND, calculated fair value 33,165 VND (+13%), Quality Score 73/100, from 26 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 GVR calculated?
We run Vietnam Rubber Group Ltd through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 33,165 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 13.0% above its aggregate fair value. Vietnam Rubber Group Ltd currently trades 12% below its own fair value, and the market average says nothing about that. 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 Vietnam Rubber Group Ltd (GVR)?
The closing price on Nov 6, 2026 was 29,300 VND. Our model-based fair value is 33,165 VND, about +13% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Vietnam Rubber Group Ltd right now?
A fairly wide model range (23,473 VND to 43,592 VND) leaves room in how you read the outcome. The price sits in the lower half of our model range, the side with the larger margin of safety. The data supports the verdict: every model runs on fully documented inputs.
Key figures of Vietnam Rubber Group Ltd
How large is the market capitalisation of Vietnam Rubber Group Ltd (GVR)?
The market capitalisation of Vietnam Rubber Group Ltd is 117T VND (≈ $4.6B). 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 Vietnam Rubber Group Ltd (GVR)?
The price-to-sales ratio of Vietnam Rubber Group Ltd is 3.51 (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 Vietnam Rubber Group Ltd (GVR)?
Earnings per share at Vietnam Rubber Group Ltd are 1,778 VND (price ÷ EPS = P/E 16.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Vietnam Rubber Group Ltd (GVR)?
The dividend yield of Vietnam Rubber Group Ltd is 1.6% (payout 26.8%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Vietnam Rubber Group Ltd (GVR)?
The net margin of Vietnam Rubber Group Ltd is 21.2% (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 Vietnam Rubber Group Ltd (GVR)?
The return on equity (ROE) of Vietnam Rubber Group Ltd is 12.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Vietnam Rubber Group Ltd (GVR)?
On an EBIT basis the return on assets of Vietnam Rubber Group Ltd is 5.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Vietnam Rubber Group Ltd (GVR)?
The operating margin of Vietnam Rubber Group Ltd is 17.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Vietnam Rubber Group Ltd (GVR)?
Revenue at Vietnam Rubber Group Ltd is growing +17.7% versus a year earlier (3y avg +4.6%). 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 Vietnam Rubber Group Ltd (GVR)?
Earnings per share at Vietnam Rubber Group Ltd are growing +54.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Vietnam Rubber Group Ltd (GVR) carry?
The net debt of Vietnam Rubber Group Ltd is 1.3T VND (fiscal year 2024, ≈ 0.2 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 6, 2026