EN DE

Viet Nam Power Development Joint Stock Company (VPD) Fair Value & Analysis

Utilities · VN · Market cap 2.2T VND

VN Viet Nam Power Development Joint Stock Company VPD · VN
Price21,500 VND
Fair Value27,433 VND
Upside+27.6%
Quality87/100
Watch Viet Nam Power Development Joint Stock Company for free, get notified when fair value or trend changes. Watch for free
Mixed Growth
Highly profitable · 39.3% net margin
Low debt · generates free cash flow
Ranks above peers (12/14)
Wide moat 77/100
Evidence: Medium Range 20,574 VND – 55,030 VND Share as image

Fair value as of: Jul 17, 2026

From 20 valuation models · updated 24 days ago

Share price +1.7% over the past month.

A strong business, screening 28% undervalued on our models.

What matters now

  • The rarer combination: high quality (87/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The model range is unusually wide (20,574 VND to 55,030 VND). The outcome hinges heavily on assumptions, so read the point estimate with caution.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

25,289 VND 9,746 VND Fair Value 27,433 VND Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range 9,746 VND – 25,289 VND · fair‑value band 20,574 VND – 55,030 VND · the 21,500 VND price screens below the 27,433 VND fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 17, 2026.

Full chart & analysis →

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

Analysis

Viet Nam Power Development Joint Stock Company (VPD) currently trades at 21,500 VND, while our model-based Fair Value estimate is 27,433 VND, implying the stock looks roughly 27.6% undervalued today. The Quality Score stands at 87/100 (high quality), in the Utilities 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, Viet Nam Power Development Joint Stock Company generated revenue of 718B VND at a net margin of 39.3%. Revenue grew 26.7% year over year. It earns a return on equity of 18.4%. Net debt stands at 118B VND. Fundamentals as of Jul 17, 2026

Our scenario range runs from 20,574 VND (bear case) to 55,030 VND (bull case); at 21,500 VND, the current price sits within 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 20% below its 52-week high, currently below its 200-day average. For context, the median of 10 Utilities peers we cover trades at -27% fair-value upside, at 28%, VPD 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
Growth DCF 38,368 VND 66,719 VND 117,620 VND 80
Residual Income 16,933 VND 22,298 VND 72,581 VND 76
Rev-Margin DCF 21,511 VND 31,891 VND 45,291 VND 74
All 20 models by family
DCF Models
FCF DCF 38,463 VND 68,652 VND 123,244 VND 38
5Y Revenue Exit 21,511 VND 31,755 VND 44,977 VND 39
5Y P/E Exit 34,908 VND 59,228 VND 86,824 VND 38
10Y Revenue Exit 26,343 VND 38,005 VND 54,642 VND 36
10Y P/E Exit 35,815 VND 58,540 VND 90,304 VND 35
Earnings-Based
Graham-Dodd 16,739 VND 76,154 VND 104,471 VND 54
Lynch FV 19,937 VND 28,481 VND 37,025 VND 50
PEG = 1.0 19,937 VND 28,481 VND 37,025 VND 46
EPV 26,978 VND 31,274 VND 35,093 VND 59
Multiples
P/E Multiple 33,232 VND 44,309 VND 55,386 VND 63
P/S Multiple 12,241 VND 16,322 VND 20,402 VND 58
P/B Multiple 20,574 VND 27,433 VND 34,291 VND 55
EV/EBIT 37,301 VND 48,858 VND 60,414 VND 53
EV/Revenue 14,058 VND 18,954 VND 23,851 VND 43
Asset-Based
NCAV (Graham) 7,620 VND 10,211 VND 15,240 VND 50
Growth DCF
Growth DCF 38,368 VND 66,719 VND 117,620 VND 80
Rev-Margin DCF 21,511 VND 31,891 VND 45,291 VND 74
Economic Profit
Residual Income 16,933 VND 22,298 VND 72,581 VND 76
ROIC Compounder 30,494 VND 40,925 VND 54,918 VND 72
Growth Earnings
Growth-Adj P/E 29,632 VND 42,331 VND 55,030 VND 68

Widest divergence: DCF Models (58,540 VND) versus Asset-Based (10,211 VND). Highest evidence: Growth DCF (80).

Notify me when VPD reaches fair value

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

Key figures & financial health

Revenue (TTM) 718B VND
Revenue growth (YoY) +26.7%
Net margin 39.3%
Return on equity 18.4%
Free cash flow 282B VND FY2025
P/E ratio 9.6
More key figures
Operating margin 33.0%
EPS (TTM) 2,649 VND
EPS growth (YoY) +187%
Net debt 118B VND FY2023

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 87/100

Of which business quality 84 · Market factors (momentum, volatility) 50

Profitability 61
Margins and returns on capital today
Quality Growth 77
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 90
Balance sheet, leverage, solvency risk
Investment 96
Disciplined investing over empire-building
Low Volatility 98
Calm price path (market factor)
Momentum 32
Price trend over the last 3–12 months (market factor)
52W Momentum 27
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

Viet Nam Power Development Joint Stock Company engages in the electric generation business in Vietnam. The company offers technical safety inspection of electrical equipment and instruments operating in non-hazardous environments with respect to flammable gases and explosive dust; and consulting services.

Full company description

Viet Nam Power Development Joint Stock Company engages in the electric generation business in Vietnam. The company offers technical safety inspection of electrical equipment and instruments operating in non-hazardous environments with respect to flammable gases and explosive dust; and consulting services. Viet Nam Power Development Joint Stock Company was founded in 2002 and is headquartered in Hanoi, Vietnam.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Viet Nam Power Development Joint Stock Company reported revenue of 696B VND in FY2025 versus 569B VND in FY2021, a compound +5.2%/yr. Reported net income was 262B VND in FY2025, compounding +12.5%/yr from FY2021.

Growth Quality 76/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
696B VND
Latest YoY
+18.7%
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.
+0.7%
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.
+8.9%
Revenue +5.2%/yr
FY21 569B VND
FY22 681B VND
FY23 542B VND
FY24 586B VND
FY25 696B VND
Net income +12.5%/yr
FY21 164B VND
FY22 284B VND
FY23 190B VND
FY24 212B VND
FY25 262B VND

Watch VPD: 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). "Viet Nam Power Development Joint Stock Company Fair Value". https://www.fairvalue-calculator.com/stock/VPD

Peer Group

Utilities - Regulated Electric · 154 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 87 · Top 25%
Fair Value upside +28% · Above median
Return on equity (TTM) 18% · Top 25%
Return on assets 13% · Top 25%
Net margin (TTM) 39% · Top 25%
Operating margin (TTM) 33% · Top 25%
Revenue growth 27% · Top 25%
Dividend yield (TTM) 0.0% · Bottom 25%

Valuation Multiples vs Utilities - Regulated Electric median · lower = cheaper

P/E (TTM) 8.7× · Cheaper than 75% of peers
P/B 1.36× · Cheaper than median
P/S (TTM) 3.09× · Pricier than median
P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 3.8× · 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 70 · sector 7
FUTURE 100 · sector 32
PAST 74 · sector 39
HEALTH 100 · sector 54
DIVIDEND 0 · sector 56

Insider activity: 40/100

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 Utilities - Regulated Electric stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
NextEra Energy, Inc NEE $88.80 $32.94 -63%
The Southern Company SO $95.61 $61.06 -36%
Duke Energy Corporation DUK $126.11 $97.11 -23%
National Grid plc NGG 61,175 ARS 44,377 ARS -27%
American Electric Power Company AEP $132.50 $79.33 -40%
Dominion Energy, Inc D $70.08 $46.92 -33%
NTPC Limited NTPC ₹341.85 ₹377.16 +10%
CEZ, a. s. CEZ 232.40 PLN 159.33 PLN -31%
Power Grid Corporation POWERGRID ₹283.55 ₹252.77 -11%
China National Nuclear Power Co 601985 ¥8.91 ¥7.69 -14%

Compare Viet Nam Power Development Joint Stock Company with another stock

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

Free, no sign-up

Explore undervalued stocks

More undervalued Utilities 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 Viet Nam Power Development Joint Stock Company (VPD) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of 27,433 VND versus a price of 21,500 VND, about +28% (undervalued).
What is the fair value of VPD?
Our model-based fair value for Viet Nam Power Development Joint Stock Company is 27,433 VND (as of Jul 17, 2026), built from audited fundamentals. The current price is 21,500 VND.
What is the quality score of VPD?
Viet Nam Power Development Joint Stock Company has a Quality Score of 87/100. 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 Viet Nam Power Development Joint Stock Company (VPD)?
Viet Nam Power Development Joint Stock Company reported trailing-twelve-month revenue of about 718B VND (latest available figure, as of Jul 17, 2026).
What is the net profit margin of VPD?
The net profit margin of Viet Nam Power Development Joint Stock Company is about 39.3%, meaning it keeps roughly 39.3% 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 Viet Nam Power Development 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.