VNEquity Research

HNX · Securities

MBS MB Securities Joint Stock Company

CTCP Chung khoan MB

Persisted research state: NONE. Research is shown only when it is backed by persisted evidence and calculations.

Browse opportunity signals Open screener

At a glance

Company at a glance

Persisted, canonical facts only. A value that is not recorded is shown as unavailable and is never estimated, substituted or shown as zero.

CompanyMB Securities Joint Stock Company
TickerMBS
ExchangeHNX
IndustrySecurities
Research stateNo research available NO_RESEARCH
Research certificationNo certified research
Matched opportunity conditions0 of 5
Latest screening snapshot2026-09-25T10:35:58.951533+00:00
Latest market price2026-09-24T00:00:00+00:00
Latest fundamental period2026-06-30
Latest research reportUnavailable
Evidence records83
Source documents5

Certification reflects the repository's internal approval record on the latest persisted report. It describes publication status and provenance; it is not a rating, a forecast or investment advice.

Deterministic discovery

Opportunity signals

Browse opportunity signals

0 of 5 versioned P7D V1 conditions matched at evaluation time. Every condition is either matched, unmatched, or refused when the required evidence is missing, stale or not applicable. These are deterministic screening conditions, not investment recommendations.

No deterministic condition currently matches this company. Missing evidence fails closed and never becomes a match.

Modeled history. Historical valuation availability is modeled from reporting-lag assumptions and is not point-in-time certified.

Full five-rule trace (P7D_RULES_V1)

Fundamental improvement FUNDAMENTAL_IMPROVEMENT

UNMATCHED

Positive revenue growth, positive parent PAT growth and positive trailing parent earnings are not all present.

  • Growth compares the latest two compatible full years.
  • Growth is historical, not forecast growth.
  • Parent PAT growth uses the repository's existing denominator semantics: the latest full-year PARENT_PAT versus the prior full-year PARENT_PAT.
Observations (4)
InputValueStatusPeriod / freshness
market_price — OK — · CURRENT
revenue_growth -53.57% OK latest compatible full year
pat_growth 58.9% OK latest compatible full year
pe_ttm 856.9935x OK TTM 2026-06-30 · CURRENT
Thresholds
growth min percent
0
pe positive
yes
market current max hours
72.0

Cash-flow strength CASH_FLOW_STRENGTH

REFUSED

Industrial free-cash-flow semantics do not apply to financial companies under canonical metric applicability.

Refused: INDUSTRIAL_VALUATION_NOT_APPLICABLE_TO_FINANCIALS

  • FCF Proxy Yield is a screening proxy: trailing-twelve-month operating cash flow less reported cash capital expenditure over market capitalization.
Observations (3)
InputValueStatusPeriod / freshness
market_price — OK — · CURRENT
fcf_proxy_yield — REFUSED · INDUSTRIAL_VALUATION_NOT_APPLICABLE_TO_FINANCIALS — · CURRENT
pe_ttm 856.9935x OK TTM 2026-06-30 · CURRENT
Thresholds
fcf proxy yield min percent
0
pe positive
yes
financial applicability
NON_FINANCIAL_ONLY
market current max hours
72.0

Quality at a reasonable valuation QUALITY_AT_REASONABLE_VALUATION

UNMATCHED

Positive PAT margin, the operating margin floor and a positive reasonable P/E are not all present.

  • Operating and PAT margins are not cross-sector comparable in this screening phase.
Observations (4)
InputValueStatusPeriod / freshness
market_price — OK — · CURRENT
pat_margin 2209.048% OK QUARTER 2026-06-30 · CURRENT
operating_margin 63.3092% OK QUARTER 2026-06-30 · CURRENT
pe_ttm 856.9935x OK TTM 2026-06-30 · CURRENT
Thresholds
pat margin min percent
0
operating margin min percent
5
pe min exclusive
0
pe max inclusive
40
market current max hours
72.0

Valuation dislocation VALUATION_DISLOCATION

REFUSED

Historical valuation is unavailable for this company; no cross-sectional approximation is used.

Refused: MEDIAN_UNAVAILABLE

Historical certification: NON_CERTIFIED_MODELED_AVAILABILITY — modeled, not point-in-time certified

  • Historical valuation availability is modeled from reporting-lag assumptions and is not point-in-time certified.
Observations (6)
InputValueStatusPeriod / freshness
market_price — OK — · CURRENT
historical_pe_percentile 11.6% OK — · CURRENT
historical_premium_discount — REFUSED · MEDIAN_UNAVAILABLE — · CURRENT
historical_signal UNAVAILABLE OK — · CURRENT
pe_ttm 856.9935x OK TTM 2026-06-30 · CURRENT
historical_certification NON_CERTIFIED_MODELED_AVAILABILITY OK —
Thresholds
historical percentile max
25
historical signals
BELOW_HISTORY, DEEPLY_BELOW_HISTORY
historical premium discount max exclusive
0
pe positive
yes
market current max hours
72.0

Research gap RESEARCH_GAP

UNMATCHED

No quantitative signal matched, so the research gap is not actionable by this rule.

Observations (1)
InputValueStatusPeriod / freshness
research_state NONE OK — · MISSING
Thresholds
research gap states
NONE, INSUFFICIENT
requires quantitative signal
yes

Rules version P7D_RULES_V1 · snapshot built 2026-09-25 10:35:58.951533+00:00 · market freshness CURRENT · persisted research state NONE. These are deterministic screening conditions over persisted evidence, not investment recommendations, forecasts, ratings or advice.

Canonical snapshot

Screening metrics

Open screener

Values come from the persisted screening snapshot and are never recomputed in the browser. UNKNOWN or refused inputs show as “—” with their canonical reason and are never displayed as zero. OCF/PAT is expressed as a percentage of PAT (100 means 100% of PAT).

P/E (TTM, parent)856.9935x
P/B (parent equity)2.0533x
Revenue growth (latest compatible FY)-53.57%
Parent PAT growth (latest compatible FY)58.9%
Operating margin (latest compatible period)63.3092%
PAT margin (latest compatible period)2209.048%
FCF Proxy Yield (TTM)— INDUSTRIAL_VALUATION_NOT_APPLICABLE_TO_FINANCIALS
OCF / PAT (latest compatible period)— INSUFFICIENT_PERSISTED_EVIDENCE
Market freshnessCURRENT price 2026-09-24T00:00:00+00:00
Fundamental periodthrough 2026-06-30 freshness CURRENT
Snapshot built at2026-09-25T10:35:58.951533+00:00 01a09a78-ddd3-71e6-aea2-12d9b3e012af
Persisted research stateNONE MISSING
Historical valuation signalUNAVAILABLE available

Snapshot refusal reasons: HISTORICAL_VALUATION_NOT_REQUESTED; INDUSTRIAL_VALUATION_NOT_APPLICABLE_TO_FINANCIALS; INSUFFICIENT_PERSISTED_EVIDENCE; TTM_CAPEX_OR_REVENUE_UNAVAILABLE; TTM_DIVIDENDS_UNAVAILABLE

Authenticated

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Valuation snapshot

ssi-iboard · HNX · 2026-09-24T00:00:00+00:00 · retrieved 2026-09-24T10:30:52.169386+00:00 · share basis: unavailable

Price16400.000000000000 VND
Shares outstanding—
Market cap16415800596400.000000000000
Market capitalization16415800596400.0000
Earnings yield (TTM, parent)0.1167%
P/E (TTM, parent)856.9935x
P/B (parent equity)2.0533x
Dividend yield (trailing cash DPS)— DIVIDEND_PER_SHARE_UNAVAILABLE
Cash distribution yield (proxy)— TTM_DIVIDENDS_UNAVAILABLE
FCF Proxy Yield (TTM)— TTM_OCF_OR_CAPEX_UNAVAILABLE
Enterprise value— INDUSTRIAL_VALUATION_NOT_APPLICABLE_TO_FINANCIALS
EV/Sales (TTM)— INDUSTRIAL_VALUATION_NOT_APPLICABLE_TO_FINANCIALS
EV/EBIT (TTM)— INDUSTRIAL_VALUATION_NOT_APPLICABLE_TO_FINANCIALS
EV/EBITDA— INDUSTRIAL_VALUATION_NOT_APPLICABLE_TO_FINANCIALS
Net cash / (net debt)— INDUSTRIAL_VALUATION_NOT_APPLICABLE_TO_FINANCIALS
Historical P/E range— HISTORICAL_PRICE_HISTORY_UNAVAILABLE

Deterministic Bull / Base / Bear

CaseAssumptionsTarget multiple rationaleImplied value / shareUpside / downside
Bull
  • TTM revenue growth of 5.00%
  • TTM parent PAT margin of 92.48%
  • target P/E of 942.7x
ANALYST_ASSUMPTION
current TTM P/E +10% sensitivity, rounded to 0.1x		19149.354516.7644%
Base
  • TTM revenue growth of 0.00%
  • TTM parent PAT margin of 91.48%
  • target P/E of 857.0x
CURRENT_MULTIPLE
current TTM parent-attributable P/E, rounded to 0.1x		16400.25080.0015%
Bear
  • TTM revenue growth of -5.00%
  • TTM parent PAT margin of 90.48%
  • target P/E of 771.3x
ANALYST_ASSUMPTION
current TTM P/E -10% sensitivity, rounded to 0.1x		13868.9327-15.4333%

Historical valuation

Point-in-time P/E uses only periods available on each trade date (publication-dated or lag-modeled); no negative earnings produce an observation.

Current P/E856.99x
1Y median P/E— INSUFFICIENT_OBSERVATIONS (43 < 120)
3Y median P/E— INSUFFICIENT_OBSERVATIONS (43 < 120)
5Y median P/E— INSUFFICIENT_OBSERVATIONS (43 < 120)
25th / 75th percentile P/E893.57 / 970.33
Min / max P/E856.99 / 999.53 (raw 856.99 / 999.53)
Percentile rank4.7%
Premium / discount to median— UNAVAILABLE
SignalUNAVAILABLE INSUFFICIENT_HISTORICAL_OBSERVATIONS (43 < 120)
CertificationNON_CERTIFIED_MODELED_AVAILABILITY 43 observations use REPORT_LAG_MODEL
P/B history— PARENT_EQUITY_HISTORY_UNAVAILABLE
Dividend-yield history— DIVIDEND_PER_SHARE_HISTORY_UNAVAILABLE

P/E range 856.99x – 999.53x over stored observations.

Historical availability may be modeled from reporting-lag assumptions (NON_CERTIFIED_MODELED_AVAILABILITY). Modeled availability is labelled and is never point-in-time certified.

Notes: PROVIDER_SELECTED: dnse-chart ({'dnse-chart': 1495} bars); ADJUSTMENT_UNKNOWN: adjusted=False, adjustment_basis=UNKNOWN; HISTORICAL_PE_UNIT_MISMATCH: 822 observation(s) outside 0.1-1000 P/E excluded

Peer comparison

EXACT_INDUSTRY · Exact primary-industry and exchange match. · 4 compatible peer(s)

TickerPriceMarket capP/EP/BRevenue growthPAT growthMarginsFCF proxy yieldPremium / discount to peer median
APS financial ECONOMIC_SIZE_MISMATCH 5700.000000000000 VND 473100000000.000000000000 VND — PARENT_PAT_TTM_UNAVAILABLE_OR_NON_POSITIVE 0.61x -4.59% — PRIOR_PERIOD_UNAVAILABLE — MATCHING_REVENUE_AND_PAT_PERIOD_UNAVAILABLE — INDUSTRIAL_VALUATION_NOT_APPLICABLE_TO_FINANCIALS —
BVS financial 28000.000000000000 VND 2022550236000.000000000000 VND — PARENT_PAT_TTM_UNAVAILABLE_OR_NON_POSITIVE 0.76x -36.17% — PRIOR_PERIOD_UNAVAILABLE — MATCHING_REVENUE_AND_PAT_PERIOD_UNAVAILABLE — INDUSTRIAL_VALUATION_NOT_APPLICABLE_TO_FINANCIALS —
EVS financial 5400.000000000000 VND 889923337200.000000000000 VND — PARENT_PAT_TTM_UNAVAILABLE_OR_NON_POSITIVE 0.45x 31.02% — PRIOR_PERIOD_UNAVAILABLE — MATCHING_REVENUE_AND_PAT_PERIOD_UNAVAILABLE — INDUSTRIAL_VALUATION_NOT_APPLICABLE_TO_FINANCIALS —
HBS financial ECONOMIC_SIZE_MISMATCH 3700.000000000000 VND 122099926000.000000000000 VND — PARENT_PAT_TTM_UNAVAILABLE_OR_NON_POSITIVE 0.35x — PRIOR_PERIOD_UNAVAILABLE — PRIOR_PERIOD_UNAVAILABLE — MATCHING_REVENUE_AND_PAT_PERIOD_UNAVAILABLE — INDUSTRIAL_VALUATION_NOT_APPLICABLE_TO_FINANCIALS —
IVS financial ECONOMIC_SIZE_MISMATCH 6300.000000000000 VND 661017016800.000000000000 VND — PARENT_PAT_TTM_UNAVAILABLE_OR_NON_POSITIVE 0.56x -39.79% — PRIOR_PERIOD_UNAVAILABLE — MATCHING_REVENUE_AND_PAT_PERIOD_UNAVAILABLE — INDUSTRIAL_VALUATION_NOT_APPLICABLE_TO_FINANCIALS —
PSI financial ECONOMIC_SIZE_MISMATCH 8100.000000000000 VND 484714530000.000000000000 VND — PARENT_PAT_TTM_UNAVAILABLE_OR_NON_POSITIVE 0.65x -8.18% — PRIOR_PERIOD_UNAVAILABLE — MATCHING_REVENUE_AND_PAT_PERIOD_UNAVAILABLE — INDUSTRIAL_VALUATION_NOT_APPLICABLE_TO_FINANCIALS —
SHS financial 13900.000000000000 VND 12502524858000.000000000000 VND — PARENT_PAT_TTM_UNAVAILABLE_OR_NON_POSITIVE 0.99x 135.14% — PRIOR_PERIOD_UNAVAILABLE — MATCHING_REVENUE_AND_PAT_PERIOD_UNAVAILABLE — INDUSTRIAL_VALUATION_NOT_APPLICABLE_TO_FINANCIALS —
VFS financial 10000.000000000000 VND 1539634350000.000000000000 VND — PARENT_PAT_TTM_UNAVAILABLE_OR_NON_POSITIVE 0.89x 128.66% — PRIOR_PERIOD_UNAVAILABLE — MATCHING_REVENUE_AND_PAT_PERIOD_UNAVAILABLE — INDUSTRIAL_VALUATION_NOT_APPLICABLE_TO_FINANCIALS —
VIG financial ECONOMIC_SIZE_MISMATCH 4000.000000000000 VND 180533200000.000000000000 VND — PARENT_PAT_TTM_UNAVAILABLE_OR_NON_POSITIVE 0.51x -88.42% — PRIOR_PERIOD_UNAVAILABLE — MATCHING_REVENUE_AND_PAT_PERIOD_UNAVAILABLE — INDUSTRIAL_VALUATION_NOT_APPLICABLE_TO_FINANCIALS —
WSS financial ECONOMIC_SIZE_MISMATCH 6000.000000000000 VND 301800000000.000000000000 VND — PARENT_PAT_TTM_UNAVAILABLE_OR_NON_POSITIVE 0.57x 287.50% — PRIOR_PERIOD_UNAVAILABLE — MATCHING_REVENUE_AND_PAT_PERIOD_UNAVAILABLE — INDUSTRIAL_VALUATION_NOT_APPLICABLE_TO_FINANCIALS —

Peer median P/E: — INSUFFICIENT_COMPATIBLE_PEERS (0 compatible observations, 10 excluded)

Excluded: APG (NO_COMPATIBLE_CLASSIFICATION); AGR (NO_COMPATIBLE_CLASSIFICATION); ABW (NO_COMPATIBLE_CLASSIFICATION); BSI (NO_COMPATIBLE_CLASSIFICATION); ART (NO_COMPATIBLE_CLASSIFICATION); BMS (NO_COMPATIBLE_CLASSIFICATION); DSE (NO_COMPATIBLE_CLASSIFICATION); DSC (NO_COMPATIBLE_CLASSIFICATION); FTS (NO_COMPATIBLE_CLASSIFICATION); HVA (NO_COMPATIBLE_CLASSIFICATION); HAC (NO_COMPATIBLE_CLASSIFICATION); HCM (NO_COMPATIBLE_CLASSIFICATION); CSI (NO_COMPATIBLE_CLASSIFICATION); PHS (NO_COMPATIBLE_CLASSIFICATION); SBS (NO_COMPATIBLE_CLASSIFICATION); SSI (NO_COMPATIBLE_CLASSIFICATION); AAS (NO_COMPATIBLE_CLASSIFICATION); VUA (NO_COMPATIBLE_CLASSIFICATION); TVB (NO_COMPATIBLE_CLASSIFICATION); TCX (NO_COMPATIBLE_CLASSIFICATION); TCI (NO_COMPATIBLE_CLASSIFICATION); TVS (NO_COMPATIBLE_CLASSIFICATION); ORS (NO_COMPATIBLE_CLASSIFICATION); UPS (NO_COMPATIBLE_CLASSIFICATION); VIX (NO_COMPATIBLE_CLASSIFICATION); VND (NO_COMPATIBLE_CLASSIFICATION); VPX (NO_COMPATIBLE_CLASSIFICATION); VCK (NO_COMPATIBLE_CLASSIFICATION); VDS (NO_COMPATIBLE_CLASSIFICATION); VCI (NO_COMPATIBLE_CLASSIFICATION); CTS (NO_COMPATIBLE_CLASSIFICATION)

comparison inputs, not causal conclusions: revenue_growth_percent, pat_growth_percent, net_margin_percent, price_to_book

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