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SSI Securities Corporation (SSI) Fair Value & Analysis

Financial Services · VN · Market cap 66.3T VND

SS SSI Securities Corporation SSI · VN
Price26,500 VND
Fair Value28,021 VND
Upside+5.7%
Quality95/100
Evidence: High Range 21,016 VND – 35,026 VND

Fair value as of: Jun 26, 2026

From 17 valuation models · updated 3 days ago

Share price −3.3% over the past month.

Price vs Fair Value (12 months)

37,613 VND 21,503 VND Fair Value 28,021 VND Jun 2025 Jun 2026

12‑month range 21,503 VND – 37,613 VND · fair‑value band 21,016 VND – 35,026 VND · the 26,500 VND price screens below the 28,021 VND fair value. As of Jun 26, 2026.

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Analysis

SSI Securities Corporation (SSI) currently trades at 26,500 VND, while our model-based Fair Value estimate is 28,021 VND — implying the stock looks roughly 5.7% undervalued today. We read business quality at 95/100 (high quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, SSI Securities Corporation generated revenue of 11.0T VND at a net margin of 41.1%. Revenue grew 46.7% year over year. It earns a return on equity of 13.5%. Net debt stands at 56.5T VND. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 11.0T VND
Revenue growth (YoY) +46.7%
Net margin 41.1%
Return on equity 13.5%
Free cash flow −10.6T VND FY2025
P/E ratio 12.9
More key figures
Operating margin 78.4%
EPS (TTM) 2,059 VND
EPS growth (YoY) +19.2%
Net debt 56.5T VND FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

SSI Securities Corporation provides financial products and services in Vietnam. The company offers securities products and services, including account opening, brokerage, order placing, advisory, cash transactions, securities depository, and consultancy and support for OTC transactions; distribution of open-ended fund certificates, ETFs, certificates of deposit and corporate bond; initial public offering, and coverage warrants auction house; trades in covered warrants; and financial, e-trading, research and investment, and wealth management services for individual clients. It also engages in investing in equity, bond, fund certificate, and derivative; treasury services; and investment banking activities comprising corporate financing, merger and acquisitions, and advisory for capital raising in domestic and international markets. In addition, the company provides asset management services, including fund and portfolio management, and investment advisory services. The company was inc…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

SSI Securities Corporation reported revenue of 6.3T VND in FY2025 versus 4.4T VND in FY2021, a compound +9.3%/yr. Reported net income was 4.1T VND in FY2025, compounding +11.1%/yr from FY2021.

Revenue +9.3%/yr
FY21 4.4T VND
FY22 3.8T VND
FY23 5.0T VND
FY24 5.1T VND
FY25 6.3T VND
Net income +11.1%/yr
FY21 2.7T VND
FY22 1.7T VND
FY23 2.1T VND
FY24 2.7T VND
FY25 4.1T VND

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Similar stocks

6 more Capital Markets stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).

Stock Price Fair Value vs Fair Value
Huatai Securities Co HTSC $0.2700 $0.0500 -81%
Morgan Stanley, a financial holding company, MS $214.98 $138.97 -35%
The Goldman Sachs Group GS $1,001 $283.83 -72%
CITIC Securities Company 600030 ¥28.64 ¥49.76 +74%
Mirae Asset Securities Co 006800 51,200 KRW 36,828 KRW -28%
Meritz Financial Group 138040 107,300 KRW 127,077 KRW +18%

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Frequently asked questions

Is SSI Securities Corporation (SSI) undervalued?
As of Jun 26, 2026, our model estimates a fair value of 28,021 VND versus a price of 26,500 VND — about +6% (undervalued). Model-based estimate, not financial advice.
What is the fair value of SSI?
Our 21-model fair value for SSI Securities Corporation is 28,021 VND (as of Jun 26, 2026), built from audited fundamentals. The current price is 26,500 VND.
What is the quality score of SSI?
SSI Securities Corporation has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of SSI Securities Corporation (SSI)?
SSI Securities Corporation reported trailing-twelve-month revenue of about 11.0T VND (latest available figure, as of Jun 26, 2026).
What is the net profit margin of SSI?
The net profit margin of SSI Securities Corporation is about 41.1%, meaning it keeps roughly 41.1% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.