EN DE

Vietnam Sun Corporation (VNS) Fair Value & Analysis

Industrials · VN · Market cap 542B VND

VS Vietnam Sun Corporation VNS · VN
Price7,150 VND
Fair Value9,800 VND
Upside+37.1%
Quality50/100
Watch Vietnam Sun Corporation for free, get notified when fair value or trend changes. Watch for free
Mixed Growth
Thin margins · 3.6% net margin
Low debt · negative free cash flow
Mixed vs. peers (5/12)
Narrow moat 29/100
Evidence: Medium Range 7,350 VND – 12,250 VND Share as image

Fair value as of: Jul 12, 2026

From 14 valuation models · updated 29 days ago

Fair value updated Jul 12, 2026, revised from 12,106 VND to 9,800 VND (−19.0%) since Jun 24, 2026. Share price −10.3% over the past month.

A solid business, screening 37% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (7,350 VND). The market is more pessimistic than our downside scenario.
  • Solid quality (50/100) at a price below fair value, the discount is the argument here, not the business quality.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

17,331 VND 5,482 VND Fair Value 9,800 VND Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

60‑month range 5,482 VND – 17,331 VND · fair‑value band 7,350 VND – 12,250 VND · the 7,150 VND price screens below the 9,800 VND fair value. Dashed = 300-day average. As of Jul 12, 2026.

Full chart & analysis →

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

Analysis

Vietnam Sun Corporation (VNS) currently trades at 7,150 VND, while our model-based Fair Value estimate is 9,800 VND, implying the stock looks roughly 37.1% undervalued today. The Quality Score stands at 50/100 (solid quality), in the Industrials 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: medium), always confirm before acting.

Over the trailing twelve months, Vietnam Sun Corporation generated revenue of 873B VND at a net margin of 3.6%. Revenue declined 4.1% year over year. It earns a return on equity of 2.7%. Net debt stands at 365B VND. Fundamentals as of Jul 12, 2026

Our scenario range runs from 7,350 VND (bear case) to 12,250 VND (bull case); at 7,150 VND, the current price sits below 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 37% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -28% fair-value upside, at 37%, VNS screens cheaper 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 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
Highest evidence
Residual Income 12,427 VND 12,424 VND 11,243 VND 76
ROIC Compounder 2,789 VND 3,762 VND 4,627 VND 72
Gordon GGM 9,617 VND 10,577 VND 12,052 VND 70
All 14 models by family
Earnings-Based
Graham-Dodd 3,920 VND 4,791 VND 5,390 VND 54
EPV 2,789 VND 3,762 VND 4,627 VND 59
Dividend Discount
Gordon GGM 9,617 VND 10,577 VND 12,052 VND 70
DDM Multi-Stage 9,617 VND 12,275 VND 16,117 VND 61
Multiples
P/E Multiple 9,080 VND 12,106 VND 15,133 VND 63
P/S Multiple 7,350 VND 9,800 VND 12,250 VND 58
P/B Multiple 7,350 VND 9,800 VND 12,250 VND 55
EV/EBIT 5,086 VND 7,690 VND 10,293 VND 53
EV/EBITDA 33,694 VND 45,833 VND 57,972 VND 54
EV/Revenue 2,851 VND 5,239 VND 7,628 VND 43
Asset-Based
NCAV (Graham) 8,248 VND 11,053 VND 16,497 VND 50
Economic Profit
Residual Income 12,427 VND 12,424 VND 11,243 VND 76
ROIC Compounder 2,789 VND 3,762 VND 4,627 VND 72
Growth Earnings
Growth-Adj P/E 6,411 VND 9,159 VND 11,907 VND 68

Widest divergence: Asset-Based (11,053 VND) versus Earnings-Based (3,762 VND). Highest evidence: Residual Income (76).

Notify me when VNS reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 873B VND
Revenue growth (YoY) -4.1%
Net margin 3.6%
Return on equity 2.7%
Free cash flow −57.4B VND FY2025
P/E ratio 17.1
More key figures
Operating margin 3.8%
EPS (TTM) 449.97 VND
EPS growth (YoY) -55.8%
Net debt 365B VND FY2025

Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 50/100

Of which business quality 49 · Market factors (momentum, volatility) 37

Profitability 26
Margins and returns on capital today
Quality Growth 48
Are margins and returns improving?
Cashflow 48
Earnings quality: real cash, not paper profit
Fin. Strength 44
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 95
Calm price path (market factor)
Momentum 19
Price trend over the last 3–12 months (market factor)
52W Momentum 1
Distance to the 52-week high (market factor)
Net Issuance 82
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

Vietnam Sun Corporation provides passenger transportation services by taxi, renders inbound and outbound tourism services, acts as an air ticket agent, and leases out space in Vietnam. It offers 4-seat and 7-seat, and provincial car services, as well as domestic, international, and team-building tour travel services.

Full company description

Vietnam Sun Corporation provides passenger transportation services by taxi, renders inbound and outbound tourism services, acts as an air ticket agent, and leases out space in Vietnam. It offers 4-seat and 7-seat, and provincial car services, as well as domestic, international, and team-building tour travel services. The company also provides payment services through taxi coupons, card payments, and membership cards, as well as offers taxi advertising services. In addition, it is involved in air ticket sales and space rental agency activities. The company was incorporated in 2003 and is headquartered in Ho Chi Minh City, Vietnam.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Vietnam Sun Corporation reported revenue of 883B VND in FY2025 versus 485B VND in FY2021, a compound +16.2%/yr. Reported net income was 39.1B VND in FY2025.

Growth Quality 55/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
883B VND
Avg. growth/yr (3Y) 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.
+27.4%
Avg. growth/yr (5Y) 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.
−12.8%
Revenue +16.2%/yr
FY21 485B VND
FY22 1.1T VND
FY23 1.2T VND
FY24 1.0T VND
FY25 883B VND
Net income
FY21 −273B VND
FY22 184B VND
FY23 151B VND
FY24 84.1B VND
FY25 39.1B VND

Watch VNS: get an alert when its fair value changes →

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). "Vietnam Sun Corporation Fair Value". https://www.fairvalue-calculator.com/stock/VNS

Peer Group

Railroads · 111 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 50 · Below median
Fair Value upside +37% · Above median
Return on equity (TTM) 3% · Bottom 25%
Return on assets 1% · Bottom 25%
Net margin (TTM) 4% · Below median
Operating margin (TTM) 4% · Below median
Revenue growth -4% · Below median
Debt / equity 0.25× · Higher than median

Valuation Multiples vs Railroads median · lower = cheaper

P/E (TTM) 17.7× · Cheaper than median
P/B 0.48× · Cheaper than 75% of peers
P/S (TTM) 0.62× · Cheaper than median
EV/EBITDA 3.0× · Cheaper 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 83 · sector 28
FUTURE 0 · sector 20
PAST 11 · sector 31
HEALTH 88 · sector 88
DIVIDEND 0 · sector 41

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 Railroads stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
Union Pacific Corporation UNP $301.75 $144.60 -52%
CSX Corporation CSX $49.41 $12.85 -74%
Canadian Pacific Kansas City Limited CP $92.91 $35.00 -62%
Canadian National Railway Company CNI $128.22 $92.63 -28%
Norfolk Southern Corporation NSC $327.47 $117.90 -64%
Westinghouse Air Brake Technologies Corporation WAB $259.71 $144.80 -44%
Beijing-Shanghai High-Speed Railway Co 601816 ¥4.82 ¥5.65 +17%
CRRC Corporation 601766 ¥5.65 ¥9.53 +69%
Daqin Railway Co 601006 ¥4.85 ¥6.24 +29%
Hyundai Rotem Company 064350 167,700 KRW 125,182 KRW -25%

Compare Vietnam Sun Corporation 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 Vietnam Sun Corporation (VNS) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of 9,800 VND versus a price of 7,150 VND, about +37% (undervalued).
What is the fair value of VNS?
Our model-based fair value for Vietnam Sun Corporation is 9,800 VND (as of Jul 12, 2026), built from audited fundamentals. The current price is 7,150 VND.
What is the quality score of VNS?
Vietnam Sun Corporation has a Quality Score of 50/100. 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 Vietnam Sun Corporation (VNS)?
Vietnam Sun Corporation reported trailing-twelve-month revenue of about 873B VND (latest available figure, as of Jul 12, 2026).
What is the net profit margin of VNS?
The net profit margin of Vietnam Sun Corporation is about 3.6%, meaning it keeps roughly 3.6% 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 Vietnam Sun Corporation 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.