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ART
SecuritiesCông ty Cổ phần Chứng khoán ARTEX
Dịch vụ tài chínhCK
1.300
VND · Last close
Valuation Verdict
Overvalued
-120%Fair Value+120%
Intrinsic Value
852
Current
1.300
Gap
-34.5%
ModelCYCLE ADJUSTED PB
Valuation Breakdown
CK→Securities
Classified as securities because company type is CK (securities firm)
ModelCycle-Adjusted P/B
Intrinsic Value = Avg P/B (5yr) x Cycle Discount x BVPSSecurities firms (brokerages) have earnings that swing dramatically with market trading volumes. Instead of using a single year's valuation, this model averages Price-to-Book over 5 years to capture a full market cycle, similar to how Shiller's CAPE smooths earnings for the broader market. If the firm is currently earning much more than its historical average (ROE > 1.3x avg), a 15% discount is applied as a mean-reversion signal.
1
Model Inputs
Years of data→5
2
Valuation
Fair P/B
0.87x
x
BVPS
983
=
Intrinsic Value
852
Valuation Track Record
Retroactive intrinsic value vs actual close price — ART
Earnings Quality
Fiscal year 2025
30
Weak
Accrual Quality
92Cash Conversion
40Margin Stability
0Revenue Quality
0Quantitative Scores
F-Score
4/9
Neutral
Sharpe
0.00
Negative
Composite
27
Poor
Price Risk
Momentum
+0.0%
Volatility
0.0%
Max Drawdown
0.0%
Key Ratios
Fiscal year 2025
1.32P/B
P/E-3.48
ROE-31.9%
ROA-30.7%
EPS-373.71
BVPS983.45
Net Margin-1964.1%
Rev Growth127.5%
Profit Growth-72.8%
Div Yield0.0%
Company Overview
Issued Shares
96.9M
Charter Capital
969.2B VND
Sector (ICB L2)
Dịch vụ tài chính
Industry (ICB L3)
Dịch vụ tài chính
Sub-industry
Môi giới chứng khoán
Company Type
CK
// OWNERSHIP_NETWORK
> mapping common ownership for ART — hover nodes for intel, click to navigate
Computed 12/04/2026