EN DE

Hoang Huy Investment Financial Services Joint Stock Company (TCH) Fair Value & Analysis

Industrials · VN · Market cap 14.0T VND

HH Hoang Huy Investment Financial Services Joint Stock Company TCH · VN
Price11,800 VND
Fair Value2,878 VND
Upside-75.6%
Quality37/100
Watch Hoang Huy Investment Financial Services Joint Stock Company for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Solidly profitable · 16.6% net margin
Low debt · generates free cash flow
Trails peers (4/13)
Narrow moat 35/100
Evidence: Medium Range 2,023 VND – 3,741 VND Share as image

Fair value as of: Jul 18, 2026

From 23 valuation models · updated 22 days ago

Share price −16.0% over the past month.

Below-average quality, and screening another 76% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (3,741 VND). The favourable scenario is already priced in.
  • Weak quality (37/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • A fairly wide model range (2,023 VND to 3,741 VND) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

24,619 VND 3,914 VND Fair Value 2,878 VND Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

60‑month range 3,914 VND – 24,619 VND · fair‑value band 2,023 VND – 3,741 VND · the 11,800 VND price screens above the 2,878 VND fair value. Dashed = 300-day average. As of Jul 18, 2026.

Full chart & analysis →

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

Analysis

Hoang Huy Investment Financial Services Joint Stock Company (TCH) currently trades at 11,800 VND, while our model-based Fair Value estimate is 2,878 VND, implying the stock looks roughly 75.6% overvalued today. The Quality Score stands at 37/100 (below-average quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Hoang Huy Investment Financial Services Joint Stock Company generated revenue of 1.9T VND at a net margin of 16.6%. Revenue declined 79.7% year over year. It earns a return on equity of 3.0%. Net debt stands at 158B VND. Fundamentals as of Jul 18, 2026

Our scenario range runs from 2,023 VND (bear case) to 3,741 VND (bull case); at 11,800 VND, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 53% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at 12% fair-value upside, at -76%, TCH screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF 23,335 VND 31,794 VND 46,849 VND 80
Residual Income 8,912 VND 8,425 VND 6,616 VND 76
ROIC Compounder 2,597 VND 2,720 VND 2,830 VND 72
All 23 models by family
DCF Models
FCF DCF 22,288 VND 30,926 VND 47,551 VND 38
Owner Earnings 4,655 VND 5,824 VND 8,074 VND 31
5Y Revenue Exit 10,192 VND 11,255 VND 12,744 VND 39
5Y EBITDA Exit 10,541 VND 11,860 VND 13,613 VND 41
5Y P/E Exit 11,263 VND 13,110 VND 15,382 VND 38
10Y Revenue Exit 14,574 VND 15,789 VND 16,825 VND 36
10Y EBITDA Exit 14,825 VND 16,172 VND 17,347 VND 37
10Y P/E Exit 15,274 VND 16,963 VND 18,410 VND 35
Earnings-Based
Graham-Dodd 1,449 VND 1,771 VND 1,992 VND 54
EPV 2,597 VND 2,720 VND 2,830 VND 59
Dividend Discount
Gordon GGM 465.42 VND 511.87 VND 583.23 VND 70
DDM Multi-Stage 465.42 VND 594.01 VND 779.98 VND 61
Multiples
P/E Multiple 3,356 VND 4,475 VND 5,594 VND 63
P/S Multiple 2,380 VND 3,174 VND 3,967 VND 58
P/B Multiple 2,717 VND 3,623 VND 4,528 VND 55
EV/EBIT 3,683 VND 4,278 VND 4,874 VND 53
EV/EBITDA 3,911 VND 4,582 VND 5,254 VND 54
EV/Revenue 3,171 VND 3,718 VND 4,264 VND 43
Asset-Based
NCAV (Graham) 6,302 VND 8,444 VND 12,603 VND 50
Growth DCF
Growth DCF 23,335 VND 31,794 VND 46,849 VND 80
Economic Profit
Residual Income 8,912 VND 8,425 VND 6,616 VND 76
ROIC Compounder 2,597 VND 2,720 VND 2,830 VND 72
Growth Earnings
Growth-Adj P/E 2,370 VND 3,386 VND 4,401 VND 68

Widest divergence: Growth DCF (31,794 VND) versus Dividend Discount (511.87 VND). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 1.9T VND
Revenue growth (YoY) -79.7%
Net margin 16.6%
Return on equity 3.0%
Free cash flow 1.8T VND FY2026
P/E ratio 64.0
More key figures
Operating margin -7.7%
EPS (TTM) 239.76 VND
EPS growth (YoY) -84.5%
Net debt 158B VND FY2022

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 37/100

Of which business quality 42 · Market factors (momentum, volatility) 23

Profitability 21
Margins and returns on capital today
Quality Growth 1
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 55
Balance sheet, leverage, solvency risk
Investment 56
Disciplined investing over empire-building
Low Volatility 65
Calm price path (market factor)
Momentum 9
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 0
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Hoang Huy Investment Financial Services Joint Stock Company, together with its subsidiaries, engages in the manufacturing, trading, and assembling of motorbikes and cars. The company also offers tractors, trucks, and spare parts under the Hoang Huy brand.

Full company description

Hoang Huy Investment Financial Services Joint Stock Company, together with its subsidiaries, engages in the manufacturing, trading, and assembling of motorbikes and cars. The company also offers tractors, trucks, and spare parts under the Hoang Huy brand. In addition, it supplies new and used trucks, and tractors products, as well as replacement parts under the Hoang Huy International brand name; distributes trucks under the Hoang Huy DongFeng brand name; and air purifiers, front wheel rim, and electric starter under the DongFeng brand name. Further, the company invests in real estate properties. The company was incorporated in 1995 and is headquartered in Hai Phong, Vietnam.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Hoang Huy Investment Financial Services Joint Stock Company reported revenue of 1.4T VND in FY2026 versus 2.8T VND in FY2022, a compound −14.9%/yr. Reported net income was 194B VND in FY2026, compounding −16.5%/yr from FY2022.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2026)
1.4T VND
Latest YoY
−69.0%
Avg. growth/yr (3Y)
−11.6%
Avg. growth/yr (5Y)
−20.0%
Revenue −14.9%/yr
FY22 2.8T VND
FY23 2.1T VND
FY24 3.8T VND
FY25 4.7T VND
FY26 1.4T VND
Net income −16.5%/yr
FY22 401B VND
FY23 246B VND
FY24 744B VND
FY25 855B VND
FY26 194B VND

TCH screens 76% overvalued. Compare with Caterpillar Inc →

Share or link this analysis
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.

Cite: Fair Value Calculator (2026). "Hoang Huy Investment Financial Services Joint Stock Company Fair Value". https://www.fairvalue-calculator.com/stock/TCH

Peer Group

Farm & Heavy Construction Machinery · 148 stocks

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.

Quality Score 37 · Bottom 25%
Fair Value upside −76% · Bottom 25%
Return on equity (TTM) 3% · Bottom 25%
Return on assets 1% · Bottom 25%
Net margin (TTM) 17% · Top 25%
Operating margin (TTM) -8% · Bottom 25%
Revenue growth -80% · Bottom 25%

Valuation Multiples vs Farm & Heavy Construction Machinery median · lower = cheaper

P/E (TTM) 64.0× · Pricier than 75% of peers
P/B 1.22× · Cheaper than median
P/S (TTM) 7.32× · Pricier than 75% of peers
P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 30.8× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 22
FUTURE 0 · sector 30
PAST 12 · sector 32
HEALTH 100 · sector 93
DIVIDEND 0 · sector 40

VALUE 0: the price sits above our fair-value range.

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Farm & Heavy Construction Machinery stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
Caterpillar Inc CAT $952.41 $307.83 -68%
Deere & Company DE $597.24 $187.86 -69%
AB Volvo (publ), VOLVA kr 336.60 kr 288.08 -14%
PACCAR Inc PCAR $126.20 $94.80 -25%
Epiroc AB EPIA kr 251.90 kr 144.14 -43%
Exor N.V EXO €69.40 €219.41 +216%
Sany Heavy Industry Co 600031 ¥18.65 ¥20.84 +12%
XCMG Construction Machinery Co 000425 ¥8.39 ¥11.79 +41%
Sinotruk (Hong Kong) Limited 3808 HK$41.00 HK$53.51 +31%
Yutong Bus Co 600066 ¥32.29 ¥42.00 +30%

Compare Hoang Huy Investment Financial Services Joint Stock Company with another stock

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

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials stocks →

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

Frequently asked questions

Is Hoang Huy Investment Financial Services Joint Stock Company (TCH) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of 2,878 VND versus a price of 11,800 VND, about −76% (overvalued).
What is the fair value of TCH?
Our model-based fair value for Hoang Huy Investment Financial Services Joint Stock Company is 2,878 VND (as of Jul 18, 2026), built from audited fundamentals. The current price is 11,800 VND.
What is the quality score of TCH?
Hoang Huy Investment Financial Services Joint Stock Company has a Quality Score of 37/100. 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 revenue of Hoang Huy Investment Financial Services Joint Stock Company (TCH)?
Hoang Huy Investment Financial Services Joint Stock Company reported trailing-twelve-month revenue of about 1.9T VND (latest available figure, as of Jul 18, 2026).
What is the net profit margin of TCH?
The net profit margin of Hoang Huy Investment Financial Services Joint Stock Company is about 16.6%, meaning it keeps roughly 16.6% 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.

14 days Pro free · no card

Track Hoang Huy Investment Financial Services Joint Stock Company and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.