Vincom Retail Joint Stock Company (VRE) Fair Value & Analysis
Real Estate · VN · Market cap 56.5T VND
Fair value as of: Jul 17, 2026
From 9 valuation models · updated 24 days ago
Share price −7.8% over the past month.
Below-average quality, screening 48% undervalued on our models.
What matters now
- The price is below even our cautious bear case (27,403 VND). The market is more pessimistic than our downside scenario.
- Solid quality (49/100) at a price below fair value, the discount is the argument here, not the business quality.
- As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Price vs Fair Value (5 years)
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 15,549 VND – 41,914 VND · fair‑value band 27,403 VND – 46,249 VND · the 24,950 VND price screens below the 36,826 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.
Analysis
Vincom Retail Joint Stock Company (VRE) currently trades at 24,950 VND, while our model-based Fair Value estimate is 36,826 VND, implying the stock looks roughly 47.6% undervalued today. The Quality Score stands at 49/100 (below-average quality), in the Real Estate 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, Vincom Retail Joint Stock Company generated revenue of 9.0T VND at a net margin of 76.4%. Revenue grew 7.6% year over year. It earns a return on equity of 14.8%. Net debt stands at 2.0T VND. Fundamentals as of Jul 17, 2026
Our scenario range runs from 27,403 VND (bear case) to 46,249 VND (bull case); at 24,950 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 45% below its 52-week high and 6% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at -30% fair-value upside, at 48%, VRE 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.
All 9 models by family
Widest divergence: Multiples (36,835 VND) versus Dividend Discount (13,392 VND). Highest evidence: Residual Income (76).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 45 · Market factors (momentum, volatility) 28
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
Vincom Retail Joint Stock Company, together with its subsidiaries, engages in the investment, construction, development, and leasing of shopping centers in Vietnam. It is also involved in real estate development and transfer activities; sale of real estate; and leases investment properties, as well as offers real estate and management consulting activities.
Full company description
Vincom Retail Joint Stock Company, together with its subsidiaries, engages in the investment, construction, development, and leasing of shopping centers in Vietnam. It is also involved in real estate development and transfer activities; sale of real estate; and leases investment properties, as well as offers real estate and management consulting activities. Vincom Retail Joint Stock Company was founded in 2012 and is headquartered in Hanoi, Vietnam.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Vincom Retail Joint Stock Company reported revenue of 8.8T VND in FY2025 versus 5.9T VND in FY2021, a compound +10.7%/yr. Reported net income was 6.4T VND in FY2025, compounding +48.8%/yr from FY2021.
Watch VRE: get an alert when its fair value changes →
Peer Group
Real Estate - Diversified · 138 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.
Valuation Multiples vs Real Estate - Diversified median · lower = cheaper
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.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Real Estate - Diversified stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Swiss Prime Site AG SPSN | CHF 129.20 | CHF 44.83 | -65% |
| Central Pattana Public Company CPN | 68.75 THB | 71.37 THB | +4% |
| Prestige Estates Projects Limited PRESTIGE | ₹1,733 | ₹645.21 | -63% |
| The Phoenix Mills Limited PHOENIXLTD | ₹2,076 | ₹701.74 | -66% |
| Fastighets AB BALDB | kr 50.42 | kr 70.70 | +40% |
| Umm Al Qura for Development and Construction Company 4325 | 16.39 SAR | 11.62 SAR | -29% |
| Hainan Airport Infrastructure Co 600515 | ¥2.89 | ¥0.3300 | -89% |
| Shenzhen Special Economic Zone Real Estate & Properties (Group) Co 000029 | ¥19.95 | ¥4.60 | -77% |
| Parque Arauco S.A PARAUCO | 3,940 CLP | 2,777 CLP | -30% |
| Corporación Inmobiliaria Vesta, S.A. VESTA | 59.57 MXN | 53.94 MXN | -9% |
Compare Vincom Retail Joint Stock Company with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Real Estate stocks →
Frequently asked questions
Is Vincom Retail Joint Stock Company (VRE) overvalued or undervalued?
What is the fair value of VRE?
What is the quality score of VRE?
What is the revenue of Vincom Retail Joint Stock Company (VRE)?
What is the net profit margin of VRE?
Does Vincom Retail Joint Stock Company pay a dividend?
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.
Track Vincom Retail 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.