Hoa Phat stock costs VND 20,100, 23.9 percent below its high

Published on 10/09/2026 at 15:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached VND 55.16 trillion, while net income was VND 6.37 trillion. Hoa Phat stock closed at VND 20,100.

Hoa Phat closed at VND 20,100.00 on October 9, 2026, 23.90 percent below its 52-week high.
Second-quarter 2026 revenue reached VND 55.16 trillion and net income reached VND 6.37 trillion.
The stock's VND 169.3 trillion market capitalization and 7.29 P/E provide the valuation context.
Vietcap set a VND 32,700 target in a September 15, 2026 report, according to published coverage.

Hoa Phat, VN000000HPG4, Illustration mit AI erstellt.

Hoa Phat stock (ISIN VN000000HPG4) closed at VND 20,100.00 on October 9, 2026 at 2:46 p.m. ICT, 23.90 percent below its VND 26,425.00 52-week high. The HOSE-listed steelmaker also reported a trading volume of 15,779,800 shares for the session, giving investors a clear measure of liquidity.

Price stays near yearly low

The closing price stood only VND 50.00 above the VND 20,050.00 52-week low recorded in the same market snapshot. The stock was down 24.20 percent from its December 30, 2025 level, while the VN-Index was down 2.80 percent over the same period, according to the dated market comparison.

Hoa Phat's market capitalization was VND 169.3 trillion as of October 2, 2026. Its P/E ratio was 7.29 and its dividend yield was 2.30 percent on that date, placing the current valuation beside a clearly defined earnings and income-return profile.

Quarterly figures support valuation

According to Investing.com, Hoa Phat generated VND 55.16 trillion of revenue and VND 6.37 trillion of net income in the second quarter of 2026. Revenue rose from VND 52.90 trillion in the first quarter, while net income fell from VND 8.99 trillion, making margin performance the key counterweight to the higher sales base.

The same financial summary records earnings per share of VND 754.59 against a VND 658.33 forecast for the latest reported quarter. The comparison points to an earnings beat even as sequential net income declined.

Comparison with peers

Hoa Phat: daily change, P/E 7.29, market capitalization VND 169.3 trillion
VN-Index: , ,
VN-Index: , ,

Target remains above market price

Vietcap kept a Buy recommendation and assigned a VND 32,700 price target in coverage dated September 15, 2026, as reported by Baomoi. The target lies 62.69 percent above the October 9 closing price, while the report said the target had been reduced 8.00 percent from the prior assessment.

For the next market session, the relevant signals are the stock's position near its 52-week low, the 7.29 P/E ratio and the contrast between higher quarterly revenue and lower sequential net income.