Lien Viet Post Joint Stock Commercial Bank (LPB) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Lien Viet Post Joint Stock Commercial Bank VND 29,600, price VND 47,300, upside -37.4%, quality 63 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Lien Viet Post Joint Stock Commercial Bank for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
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, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range 4,760 VND – 56,000 VND · fair‑value band 19,154 VND – 44,542 VND · the 47,300 VND price screens above the 29,600 VND fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Follow Lien Viet Post Joint Stock Commercial Bank in your weekly email
Every Wednesday you see whether Lien Viet Post Joint Stock Commercial Bank 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.
Fortune Vietnam Joint Stock Commercial Bank provides banking products and services in Vietnam.
Show more
Fortune Vietnam Joint Stock Commercial Bank provides banking products and services in Vietnam. The company offers current accounts and loans, including Production and business loans, real estate loans, rural agriculture loans, retirement credit, non-fixed fixed consumer loans, consumer loans with fixed assets, car loans, lending group, project financing, capital financing, trade financing capital financing, and other loans. It also provides life and non-life insurance products; Credit and Payment Cards, as well as POS machines; domestic payment services; international money transfer and remittance services; payment and cash flow management; guarantees; hybrid solutions; credit package for construction enterprises; LocPhat Pay, a smart payment and cash flow management solutions; Fortune Vietnam Joint Stock Commercial Bank was formerly known as Lien Viet Post Joint Stock Commercial Bank and changed its name to Fortune Vietnam Joint Stock Commercial Bank in July 2024. The company was founded in 2008 and is based in Ninh Binh, Vietnam.
Stock analysis
Lien Viet Post Joint Stock Commercial Bank (LPB) currently trades at 47,300 VND, while our model-based Fair Value estimate is 29,600 VND, implying the stock looks roughly 59.8% overvalued today.
Show more
Valuation
Bull case: the Dividend Discount group reads highest at a median of 37,810 VND per share, and 1 of the 6 models we run sit above the 47,300 VND price.
Bear case: the Asset-Based group reads lowest at 10,585 VND, and 5 of the 6 models stay below the price. Evidence for this calculation is medium.
Scenario range: 19,154 VND (bear) to 44,542 VND (bull), the price of 47,300 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 63/100 (solid quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Lien Viet Post Joint Stock Commercial Bank reported revenue of 21.9T VND in FY2025 versus 10.2T VND in FY2021, a compound +21.1%/yr. Reported net income was 11.4T VND in FY2025, compounding +41.2%/yr from FY2021.
Key figures
Market cap 154T VND · P/E ratio 12.7 · P/S ratio 6.59 · EPS (TTM) 3,739 VND · Dividend yield 4.8% · Net margin 52.1% · Return on equity 23.4% · Return on assets 2.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 51 out of 100 (low confidence).
What moves the price
The share trades about 16% below its 52-week high and 24% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −38% fair-value upside, at −37%, LPB screens cheaper than that median.
Fair Value models
Bear 19,154 VNDFair Value 29,600 VNDBull 44,542 VND
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (2,735 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.Evidence ⓘEvidence = 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.100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+9.8%
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.
+15.6%
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.
+22.9%
Start year 2020 (pandemic)
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 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 5 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.
+42.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year+37.6%
Dividend (yield on the price)4.8%
2025 sits 105% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Growth Forecast
Little optimism in the price
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).
less than -40 %
Yearly growth needed for the next five years to justify today's price.
Compare Lien Viet Post Joint Stock Commercial Bank 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.Banks - Regional · 1074 stocks
Beats the industry median on 7/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score68 · Top 25%
Fair Value upside−37% · Bottom 25%
Profitability
Return on equity (TTM)23% · Top 25%
Return on assets2% · Top 25%
Net margin (TTM)55% · Top 25%
Operating margin (TTM)67% · Top 25%
Growth and dividend
Revenue growth−3% · Bottom 25%
Dividend yield (TTM)4.8% · Top 25%
Valuation Multiplesvs Banks - Regional median · lower = cheaper
P/E (TTM)12.7× · Pricier than median
P/B3.27× · Priciest 25%
P/S (TTM)7.62× · Priciest 25%
P/FCF0.0× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 11
FUTURE (revenue growth)0· sector 45
PAST (return on equity)94· sector 41
HEALTH (low debt)0· sector 85
DIVIDEND (yield)97· sector 53
VALUE 0: the price sits above our fair-value range.
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). "Lien Viet Post Joint Stock Commercial Bank Fair Value". https://www.fairvalue-calculator.com/stock/LPB
Frequently asked questions
Is Lien Viet Post Joint Stock Commercial Bank (LPB) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 29,600 VND versus a price of 47,300 VND, about −37% upside (overvalued).
What is the fair value of LPB?
Our model-based fair value for Lien Viet Post Joint Stock Commercial Bank is 29,600 VND (as of Sep 24, 2026), built from audited fundamentals. The current price: 47,300 VND.
What is the quality score of LPB?
Lien Viet Post Joint Stock Commercial Bank has a Quality Score of 63/100. 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 Lien Viet Post Joint Stock Commercial Bank (LPB)?
Our model-based price target is the fair value of 29,600 VND (as of Sep 24, 2026) from 6 valuation models. Cautious scenario 19,154 VND, optimistic scenario 44,542 VND. It is a calculation from audited fundamentals, not an analyst target.
What is the Lien Viet Post Joint Stock Commercial Bank stock forecast for 2026?
Our models put fair value at 29,600 VND, about −37% upside versus a price of 47,300 VND (overvalued). Cautious scenario 19,154 VND, optimistic scenario 44,542 VND. The calculation is refreshed regularly with new filings.
What is the revenue of Lien Viet Post Joint Stock Commercial Bank (LPB)?
Lien Viet Post Joint Stock Commercial Bank reported trailing-twelve-month revenue of about 20.2T VND (latest available figure, as of Sep 24, 2026).
Does Lien Viet Post Joint Stock Commercial Bank pay a dividend?
Lien Viet Post Joint Stock Commercial Bank currently shows a dividend yield of about 4.84% relative to its recent price (as of Sep 24, 2026).
What growth is priced into Lien Viet Post Joint Stock Commercial Bank (LPB)?
For today's price to be fair in a discounted-cash-flow model, Lien Viet Post Joint Stock Commercial Bank would have to grow free cash flow by less than minus 40 % per year for five years (discount rate 12.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +22.9 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of LPB use?
Our models discount Lien Viet Post Joint Stock Commercial Bank at 12.4 %: a base by market capitalisation (mid), damped by beta 0.69, 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 Lien Viet Post Joint Stock Commercial Bank that is less than minus 40 % per year a year over ten years, using the same discount rate (12.4 %) and the same formula as our fair value.
How much growth has Lien Viet Post Joint Stock Commercial Bank (LPB) delivered so far?
Over the past 5 years revenue at Lien Viet Post Joint Stock Commercial Bank grew +22.9 % a year. The price currently implies less than minus 40 % per year free-cash-flow growth a 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 Lien Viet Post Joint Stock Commercial Bank (LPB) growing?
The median revenue growth in the sector is +8.5 % a year. That is the yardstick for the growth priced into Lien Viet Post Joint Stock Commercial Bank (less than minus 40 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Lien Viet Post Joint Stock Commercial Bank (LPB)?
The free-cash-flow yield on the price is 39.29 %: that much free cash flow Lien Viet Post Joint Stock Commercial Bank produces per unit of market value. When it exceeds the discount rate of our models (12.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Lien Viet Post Joint Stock Commercial Bank (LPB)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Lien Viet Post Joint Stock Commercial Bank it is 29,600 VND per share (as of Sep 24, 2026), against a price of 47,300 VND. It is the blended result of 6 valuation models (cash flow, earnings, asset, dividend).
Is Lien Viet Post Joint Stock Commercial Bank stock overvalued or undervalued in 2026?
As of Sep 24, 2026, LPB trades above its calculated fair value: price 47,300 VND, fair value 29,600 VND, a gap of about −37% (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 LPB?
No. The price is what the market pays today (47,300 VND); the fair value is what the company's own numbers justify (29,600 VND). For Lien Viet Post Joint Stock Commercial Bank the two are 17,700 VND per share apart. That gap is exactly why we show both numbers side by side.
How much is Lien Viet Post Joint Stock Commercial Bank worth?
The market values Lien Viet Post Joint Stock Commercial Bank at about 154T VND (market capitalisation, as of Sep 24, 2026). Per share that is 47,300 VND; our models calculate a fair value of 29,600 VND per share.
What do the bullish and bearish scenarios say about LPB?
Our models span a range for Lien Viet Post Joint Stock Commercial Bank: cautious scenario 19,154 VND, base 29,600 VND, optimistic 44,542 VND per share (as of Sep 24, 2026, price 47,300 VND). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of LPB?
Lien Viet Post Joint Stock Commercial Bank trades at a price-to-earnings ratio of 12.7 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 29,600 VND is built from several models across several years. Other multiples: P/B 3.3, P/S 7.6.
How solid is the balance sheet of Lien Viet Post Joint Stock Commercial Bank (LPB)?
Balance-sheet figures for Lien Viet Post Joint Stock Commercial Bank (as of Sep 24, 2026): return on equity 23.4%. They feed the Quality Score of 63/100, which measures business quality independently of the share price.
How far is LPB from its 52-week high?
Lien Viet Post Joint Stock Commercial Bank trades at 47,300 VND, about 16% below its 52-week high of 56,000 VND and 24% above the low of 38,129 VND (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of 29,600 VND is for.
Which stocks are comparable to Lien Viet Post Joint Stock Commercial Bank?
From the same area (Financial Services) we also value DBS Group, China Merchants Bank Co, Intesa Sanpaolo S.p.A, HDFC Bank Limited, 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 Lien Viet Post Joint Stock Commercial Bank stock attractive at the current price?
The data as of Sep 24, 2026: price 47,300 VND, calculated fair value 29,600 VND (−37%), Quality Score 63/100, 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 LPB calculated?
We run Lien Viet Post Joint Stock Commercial Bank through 6 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 29,600 VND, 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 14.1 % above its aggregate fair value. Lien Viet Post Joint Stock Commercial Bank 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 Lien Viet Post Joint Stock Commercial Bank (LPB)?
The closing price on Sep 23, 2026 was 47,300 VND. Our model-based fair value is 29,600 VND, about −37% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Lien Viet Post Joint Stock Commercial Bank right now?
The price sits above even our optimistic bull case (44,542 VND). The favourable scenario is already priced in. Solid but not exceptional quality (63/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (19,154 VND to 44,542 VND) leaves room in how you read the outcome. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of Lien Viet Post Joint Stock Commercial Bank
How large is the market capitalisation of Lien Viet Post Joint Stock Commercial Bank (LPB)?
The market capitalisation of Lien Viet Post Joint Stock Commercial Bank is 154T VND. 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 Lien Viet Post Joint Stock Commercial Bank (LPB)?
The price-to-sales ratio of Lien Viet Post Joint Stock Commercial Bank is 6.59 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Lien Viet Post Joint Stock Commercial Bank (LPB)?
Earnings per share at Lien Viet Post Joint Stock Commercial Bank are 3,739 VND (price ÷ EPS = P/E 12.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Lien Viet Post Joint Stock Commercial Bank (LPB)?
The dividend yield of Lien Viet Post Joint Stock Commercial Bank is 4.8% (payout 61.3%). 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 Lien Viet Post Joint Stock Commercial Bank (LPB)?
The net margin of Lien Viet Post Joint Stock Commercial Bank is 52.1% (fiscal year 2025). 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 Lien Viet Post Joint Stock Commercial Bank (LPB)?
The return on equity (ROE) of Lien Viet Post Joint Stock Commercial Bank is 23.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the return on assets of Lien Viet Post Joint Stock Commercial Bank (LPB)?
The return on assets (ROA) of Lien Viet Post Joint Stock Commercial Bank is 2.1% (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 Lien Viet Post Joint Stock Commercial Bank (LPB)?
The operating margin of Lien Viet Post Joint Stock Commercial Bank is 66.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Lien Viet Post Joint Stock Commercial Bank (LPB)?
Revenue at Lien Viet Post Joint Stock Commercial Bank is growing −2.5% versus a year earlier (3y avg +15.6%). 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 Lien Viet Post Joint Stock Commercial Bank (LPB)?
Earnings per share at Lien Viet Post Joint Stock Commercial Bank are growing −10.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Lien Viet Post Joint Stock Commercial Bank (LPB) carry?
The net debt of Lien Viet Post Joint Stock Commercial Bank is 12.2T VND (fiscal year 2021, ≈ 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.
Free · no account needed
Watch Lien Viet Post Joint Stock Commercial Bank in the live analysis
One click puts Lien Viet Post Joint Stock Commercial Bank on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
