Back to Dashboard
TVC
SecuritiesCông ty Cổ phần Tập đoàn Quản lý tài sản T-Corp
Dịch vụ tài chínhCT
7.600
VND · Last close
Valuation Verdict
Undervalued
-120%Fair Value+120%
Intrinsic Value
19.115
Current
7.600
Gap
+151.5%
ModelCYCLE ADJUSTED PB
Valuation Breakdown
CT→Dịch vụ tài chính→Securities
Classified as securities because ICB sector "Dịch vụ tài chính" maps to the securities group
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
1.24x
x
BVPS
15.359
=
Intrinsic Value
19.115
Valuation Track Record
Retroactive intrinsic value vs actual close price — TVC
Earnings Quality
Fiscal year 2025
5
Poor
Accrual Quality
25Cash Conversion
0Margin Stability
0Revenue Quality
0Quantitative Scores
F-Score
3/9
Weak
Sharpe
-0.41
Negative
Composite
27
Poor
Price Risk
Momentum
-6.5%
Volatility
27.4%
Max Drawdown
-32.8%
Key Ratios
Fiscal year 2025
0.49P/B
P/E42.85
ROE1.1%
ROA0.7%
EPS177.35
BVPS15359.02
Net Margin18.4%
Rev Growth-62.4%
Profit Growth-95.5%
Div Yield0.0%
Company Overview
Issued Shares
96.2M
Charter Capital
961.6B VND
Sector (ICB L2)
Dịch vụ tài chính
Industry (ICB L3)
Dịch vụ tài chính
Sub-industry
Tài chính đặc biệt
Company Type
CT
// OWNERSHIP_NETWORK
> mapping common ownership for TVC — hover nodes for intel, click to navigate
Computed 12/04/2026