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PetroVietnam Transportation Corp (PVT) fair value: what the stock is really worth

As of Nov 6, 2026: fair value (intrinsic value) of PetroVietnam Transportation Corp stock VND 31,956, price VND 20,550, upside +55.5%, quality 32 out of 100. Rating: strongly undervalued. Calculated from audited financials with 16 of our 26 valuation models and 37 quality factors, updated daily.

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Industrials VN · ISIN VN000000PVT8

PT PetroVietnam Transportation Corp logo Thin data Nov 5, 2026

PetroVietnam Transportation Corp

PVT · VN
Cheap, value-trap risk

The stock costs 36% less than our calculation considers fair.

Fair value 31,956 VND · Strongly undervalued
Last quarter vs. a year ago: revenue +33%, profit +88%.
Expensive Growth (revenue 5y +16.7 %/yr in VND)
Thin margins · 7.5% net margin (TTM)
Moderate debt
Mixed vs. peers (7/13)
Moderate moat 51/100 · thin data
Quality 32/100
Negative free cash flow
Thin data
⟳ Cyclical⚠ Dilution
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Price vs Fair Value

27,909 VND 8,878 VND Fair Value 31,956 VND Jul 2021 Nov 2026

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

How to read this chart

60‑month range 8,878 VND – 27,909 VND · fair‑value band 23,967 VND – 39,945 VND · the 20,550 VND price screens below the 31,956 VND fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.

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Company profile

PetroVietnam Transportation Corporation, together with its subsidiaries, engages in maritime transportation services to the oil and gas industry in Vietnam and internationally. It operates through four segments: Transportation Services, Oilfields Services, Trading Services, and Other Services.

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The Transportation Services segment supplies transportation by transport vehicles, including shipping of crude oil, petroleum products, chemicals, dry cargo, and gas products.

The Floating Storage Services segment supplies storage, management, and other services related to floating storage and offloading. The Trading segment is engaged in the trading of goods and equipment related to liquefied petroleum gas, petroleum, and other goods.

The Other Services segment provides vessel management services, supplies and manages human resources, and other marine-related services.

It also provides crude oil transportation services from drilling rigs to refineries, ensuring safety and efficiency; transportation of petroleum products such as gasoline, diesel, and other products to domestic and foreign markets; transportation services for industrial chemicals, meeting strict safety standards; liquefied petroleum gas transportation; transportation services for bulk goods such as coal, ore, grain, and other raw materials; providing operation and maintenance services for projects, including FSO/FPSO ships, and oil and gas rigs.

PVTRANS ensures safe and stable operation, such as inspection and upgrading of equipment systems; providing comprehensive maritime logistics solutions, from ship agency services, seafarer supply to ship operation management, ship technical management and other maritime services.

It operates 4 crude oil tankers, 19 product/chemical tankers, and 14 bulk carriers, as well as 1 FSO/FPSO. The company was founded in 2002 and is headquartered in Ho Chi Minh City, Vietnam. PetroVietnam Transportation Corporation is a subsidiary of Vietnam National Industry " Energy Group.

Stock analysis

PetroVietnam Transportation Corp (PVT) currently trades at 20,550 VND, while our model-based Fair Value estimate is 31,956 VND, implying the stock looks roughly 36% undervalued today.

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Valuation

Bull case: the Growth Earnings group reads highest at a median of 55,975 VND per share, and 10 of the 16 models we run sit above the 20,550 VND price.

Bear case: the Asset-Based group reads lowest at 11,240 VND, and 6 of the 16 models stay below the price. Data coverage for this calculation is low.

Scenario range: 23,967 VND (bear) to 39,945 VND (bull), the price of 20,550 VND sits below 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 32/100 (below-average quality), in the Industrials sector.

Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.

PetroVietnam Transportation Corp reported revenue of 16.0T VND in FY2025 versus 7.5T VND in FY2021, a compound +21.0%/yr. Reported net income was 1.0T VND in FY2025, compounding +12.0%/yr from FY2021.

Key figures

Market cap 10.6T VND (≈ $416M) Small · P/E ratio 8.0 · P/S ratio 0.57 · EPS (TTM) 2,583 VND · Dividend yield 0.6% · Net margin 7.5% · Return on equity 15.3% · Return on assets (EBIT) 8.4% (5-year average).

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 26% below its 52-week high and 31% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Industrials peers we cover trades at 13% fair-value upside, at 56%, PVT screens cheaper than that median.

Fair Value models

Bear 23,967 VND Fair Value 31,956 VND Bull 39,945 VND
Price 20,550 VND · Upside +55.5%
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 (2,215 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 13,214 VND 14,246 VND 16,618 VND 76
EPV 8,044 VND 9,607 VND 10,848 VND 73
ROIC Compounder 8,044 VND 9,607 VND 10,848 VND 71
All 16 models by family
Earnings-Based
Graham-Dodd 13,652 VND 95,205 VND 133,607 VND 63
Lynch FV 28,880 VND 41,256 VND 53,633 VND 61
PEG = 1.0 28,880 VND 41,256 VND 53,633 VND 57
EPV 8,044 VND 9,607 VND 10,848 VND 73
Dividend Discount
Gordon GGM 659.77 VND 1,044 VND 1,301 VND 69
DDM Multi-Stage 659.77 VND 1,018 VND 1,128 VND 67
Multiples
P/E Multiple 31,620 VND 42,160 VND 52,700 VND 63
P/S Multiple 25,597 VND 34,129 VND 42,662 VND 57
P/B Multiple 56,621 VND 75,495 VND 94,368 VND 55
EV/EBIT 26,068 VND 37,650 VND 49,232 VND 64
EV/EBITDA 50,168 VND 69,784 VND 89,400 VND 66
EV/Revenue 16,120 VND 26,749 VND 37,377 VND 51
Asset-Based
NCAV (Graham) 8,388 VND 11,240 VND 16,777 VND 53
Economic Profit
Residual Income 13,214 VND 14,246 VND 16,618 VND 76
ROIC Compounder 8,044 VND 9,607 VND 10,848 VND 71
Growth Earnings
Growth-Adj P/E 39,183 VND 55,975 VND 72,768 VND 67

The fair value above starts from this blend and is adjusted for a cyclical peak year.

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Quality Score breakdown

Overall quality 32/100

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

Profitability 39
How much profit the company makes from its sales and capital
Quality Growth 48
Are margins and returns getting better?
Cashflow 44
Do the profits arrive as real cash?
Financial strength 42
Debt, balance sheet and risk of trouble
Investment 18
Does it invest with discipline instead of growing at any price?
Low Volatility 55
How calm the share price moves, does not count
Price momentum 64
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 53
Distance to the 52-week high, does not count
New shares 0
Buys back shares or issues new ones?

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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. 57/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+36.5%
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.
+21.0%
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.
+16.7%
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.
+12.8%
What shareholders gained per year (last 5 years), in VND ⓘ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. 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.
+1.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+1.3%
Dividend (yield on the price)0.6%
Profit margin 2020 to 2025 ⓘ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% → 11%

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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.Marine Shipping · 220 stocks

Beats the industry median on 7/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score 32 · Bottom 25%
Fair Value upside +55.5% · Top 25%
Profitability
Return on equity (12 months) 15.3% · Above median
Return on assets 4.7% · Above median
Net margin (12 months) 7.5% · Below median
Operating margin (12 months) 14.8% · Below median
Growth and dividend
Revenue growth (quarter YoY) 32.5% · Top 25%
Dividend yield (12 months) 0.6% · Bottom 25%
Balance sheet
Debt / equity 0.72× · Highest 25%

Valuation Multiplesvs Marine Shipping median · lower = cheaper

P/E (12 months) 8.0× · Cheaper than median
P/B 1.23× · Pricier than median
P/S (12 months) 0.57× · Cheapest 25%
EV/EBITDA 3.3× · Cheapest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)100 · sector 45
FUTURE (revenue growth)100 · sector 60
PAST (return on equity)61 · sector 36
HEALTH (low debt)64 · sector 89
DIVIDEND (yield)12 · sector 61

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

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PetroVietnam Transportation Corp: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "PetroVietnam Transportation Corp Fair Value". https://www.fairvalue-calculator.com/stock/PVT

Frequently asked questions

Is PetroVietnam Transportation Corp (PVT) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of 31,956 VND versus a price of 20,550 VND, about +56% upside (undervalued).
What is the fair value of PVT?
Our model-based fair value for PetroVietnam Transportation Corp is 31,956 VND (as of Nov 5, 2026), built from audited fundamentals. The current price: 20,550 VND.
What is the quality score of PVT?
PetroVietnam Transportation Corp has a Quality Score of 32/100. 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 PetroVietnam Transportation Corp (PVT)?
Our model-based price target is the fair value of 31,956 VND (as of Nov 5, 2026) from 16 valuation models. Cautious scenario 23,967 VND, optimistic scenario 39,945 VND. It is a calculation from audited fundamentals, not an analyst target.
What is the PetroVietnam Transportation Corp stock forecast for 2026?
Our models put fair value at 31,956 VND, about +56% upside versus a price of 20,550 VND (undervalued). Cautious scenario 23,967 VND, optimistic scenario 39,945 VND. The calculation is refreshed regularly with new filings.
What is the revenue of PetroVietnam Transportation Corp (PVT)?
PetroVietnam Transportation Corp reported trailing-twelve-month revenue of about 18.8T VND (latest available figure, as of Nov 5, 2026).
Does PetroVietnam Transportation Corp pay a dividend?
PetroVietnam Transportation Corp currently shows a dividend yield of 0.58% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of PetroVietnam Transportation Corp (PVT)?
PetroVietnam Transportation Corp has a dividend yield of 0.6%.
What is the intrinsic value of PetroVietnam Transportation Corp (PVT)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For PetroVietnam Transportation Corp it is 31,956 VND per share (as of Nov 5, 2026), against a price of 20,550 VND. It is the blended result of 16 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is PetroVietnam Transportation Corp stock overvalued or undervalued in 2026?
As of Nov 5, 2026, PVT trades below its calculated fair value: price 20,550 VND, fair value 31,956 VND, a gap of about +56% (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 PVT?
No. The price is what the market pays today (20,550 VND); the fair value is what the company's own numbers justify (31,956 VND). For PetroVietnam Transportation Corp the two are 11,406 VND per share apart. That gap is exactly why we show both numbers side by side.
How much is PetroVietnam Transportation Corp worth?
The market values PetroVietnam Transportation Corp at about 10.6T VND (market capitalisation, as of Nov 5, 2026). Per share that is 20,550 VND; our models calculate a fair value of 31,956 VND per share.
What do the bullish and bearish scenarios say about PVT?
Our models span a range for PetroVietnam Transportation Corp: cautious scenario 23,967 VND, base 31,956 VND, optimistic 39,945 VND per share (as of Nov 5, 2026, price 20,550 VND). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of PVT?
PetroVietnam Transportation Corp trades at a price-to-earnings ratio of 8.0 (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 31,956 VND is built from several models across several years. Excluding one-off items of fiscal year 2025 it is 10.2 (reported for FY2025: 9.3). Other multiples: P/B 1.2, P/S 0.6, EV/EBITDA 3.3.
How solid is the balance sheet of PetroVietnam Transportation Corp (PVT)?
Balance-sheet figures for PetroVietnam Transportation Corp (as of Nov 5, 2026): return on equity 15.3%, debt of 0.72 per unit of equity. They feed the Quality Score of 32/100, which measures business quality independently of the share price.
How far is PVT from its 52-week high?
PetroVietnam Transportation Corp trades at 20,550 VND, about 26% below its 52-week high of 27,909 VND and 31% above the low of 15,682 VND (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 31,956 VND is for.
Which stocks are comparable to PetroVietnam Transportation Corp?
From the same area (Industrials) we also value Adani Ports and Special Economic Zone Limited, COSCO SHIPPING Holdings, Hapag-Lloyd Aktiengesellschaft,, Shanghai International Port (Group) 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 PetroVietnam Transportation Corp stock attractive at the current price?
The data as of Nov 5, 2026: price 20,550 VND, calculated fair value 31,956 VND (+56%), Quality Score 32/100, from 16 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 PVT calculated?
We run PetroVietnam Transportation Corp through 16 models from 6 families: Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 31,956 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. PetroVietnam Transportation Corp currently trades 36% 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 PetroVietnam Transportation Corp (PVT)?
The closing price on Nov 6, 2026 was 20,550 VND. Our model-based fair value is 31,956 VND, about +56% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with PetroVietnam Transportation Corp right now?
The large discount to fair value meets weak quality (32/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case (23,967 VND). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.

Key figures of PetroVietnam Transportation Corp

How large is the market capitalisation of PetroVietnam Transportation Corp (PVT)?
The market capitalisation of PetroVietnam Transportation Corp is 10.6T VND (≈ $416M). 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 PetroVietnam Transportation Corp (PVT)?
The price-to-sales ratio of PetroVietnam Transportation Corp is 0.57 (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 PetroVietnam Transportation Corp (PVT)?
Earnings per share at PetroVietnam Transportation Corp are 2,583 VND (price ÷ EPS = P/E 8.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of PetroVietnam Transportation Corp (PVT)?
The dividend yield of PetroVietnam Transportation Corp is 0.6% (payout 4.6%). 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 PetroVietnam Transportation Corp (PVT)?
The net margin of PetroVietnam Transportation Corp is 7.5% (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 PetroVietnam Transportation Corp (PVT)?
The return on equity (ROE) of PetroVietnam Transportation Corp is 15.3% (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 PetroVietnam Transportation Corp (PVT)?
On an EBIT basis the return on assets of PetroVietnam Transportation Corp is 8.4% (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 PetroVietnam Transportation Corp (PVT)?
The operating margin of PetroVietnam Transportation Corp is 14.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at PetroVietnam Transportation Corp (PVT)?
Revenue at PetroVietnam Transportation Corp is growing +32.5% versus a year earlier (3y avg +21.0%). 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 PetroVietnam Transportation Corp (PVT)?
Earnings per share at PetroVietnam Transportation Corp are growing +87.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does PetroVietnam Transportation Corp (PVT) generate?
The free cash flow of PetroVietnam Transportation Corp is −579B 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 PetroVietnam Transportation Corp (PVT) carry?
The net debt of PetroVietnam Transportation Corp is 5.7T VND (fiscal year 2025). 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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