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TNH Hospital Group (TNH) Fair Value & Analysis

Healthcare · VN · Market cap 1.6T VND

TH TNH Hospital Group TNH · VN
Price8,900 VND
Fair Value46,353 VND
Upside+420.8%
Quality93/100
Evidence: Low Range 34,765 VND – 57,941 VND

Fair value as of: Jun 24, 2026

From 3 valuation models · updated 5 days ago

Share price −13.1% over the past month.

Price vs Fair Value (12 months)

16,119 VND 8,900 VND Fair Value 46,353 VND Jun 2025 Jun 2026

12‑month range 8,900 VND – 16,119 VND · fair‑value band 34,765 VND – 57,941 VND · the 8,900 VND price screens below the 46,353 VND fair value. As of Jun 24, 2026.

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Analysis

TNH Hospital Group (TNH) currently trades at 8,900 VND, while our model-based Fair Value estimate is 46,353 VND — implying the stock looks roughly 420.8% undervalued today. We read business quality at 93/100 (high quality), in the Healthcare 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: low) — always confirm before acting.

Over the trailing twelve months, TNH Hospital Group generated revenue of 534B VND at a net margin of -19.6%. Revenue grew 25.7% year over year. It earns a return on equity of -5.9%. Net debt stands at 988B VND. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 534B VND
Revenue growth (YoY) +25.7%
Net margin -19.6%
Return on equity -5.9%
Free cash flow −417B VND FY2025
Operating margin -27.6%
More key figures
EPS (TTM) -600.32 VND
Net debt 988B VND FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

TNH Hospital Group Joint Stock Company, together with its subsidiaries, operates hospitals in Vietnam. The company operates various departments, including diagnostic imaging, dermatology, anesthesia and resuscitation, ophthalmology, pediatrics, general internal medicine, obstetrics and gynecology, dentistry, otolaryngology, functional rehabilitation, traditional medicine and rehabilitation, general surgery, emergency, consulting, infection control, pharmacy and medical supplies, pathology, and laboratory departments. It also engages in the provision of medical examinations and treatments; operation of health stations, general and specialized clinics, and dental clinics; preventive medicine; restaurants and mobile catering; construction of non-residential buildings and other civil engineering projects; other specialized construction activities; electrical, plumbing, heat, and air-conditioning installation; building completion and finishing; university-, college-, and vocational-level…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

TNH Hospital Group reported revenue of 510B VND in FY2025 versus 412B VND in FY2021, a compound +5.4%/yr. Reported net income was −93.1B VND in FY2025.

Revenue +5.4%/yr
FY21 412B VND
FY22 463B VND
FY23 532B VND
FY24 440B VND
FY25 510B VND
Net income
FY21 143B VND
FY22 141B VND
FY23 139B VND
FY24 45.3B VND
FY25 −93.1B VND

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Similar stocks

6 more Medical Care Facilities stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
HCA Healthcare, Inc H1CA34 R$97.60 R$115.75 +19%
Fresenius SE FSNUY $11.47 $8.55 -25%
5225 5225 8.71 MYR 4.87 MYR -44%
IHHHF IHHHF $1.71 $1.26 -26%
Tenet Healthcare Corporation THC $178.75 $300.86 +68%
Rede D'Or São Luiz S.A RDOR3 R$33.83 R$46.94 +39%

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Frequently asked questions

Is TNH Hospital Group (TNH) undervalued?
As of Jun 24, 2026, our model estimates a fair value of 46,353 VND versus a price of 8,900 VND — about +421% (undervalued). Model-based estimate, not financial advice.
What is the fair value of TNH?
Our 21-model fair value for TNH Hospital Group is 46,353 VND (as of Jun 24, 2026), built from audited fundamentals. The current price is 8,900 VND.
What is the quality score of TNH?
TNH Hospital Group has a Quality Score of 93/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of TNH Hospital Group (TNH)?
TNH Hospital Group reported trailing-twelve-month revenue of about 534B VND (latest available figure, as of Jun 24, 2026).
What is the net profit margin of TNH?
The net profit margin of TNH Hospital Group is about -19.6%, meaning it is currently running at a net loss. 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.