From January 19, 2024, the Research Center will be moved to Vietcap IQ
toggle icon
logo text
logo symbol
toggle icon

FPT - Strong earnings bolstered by core segments - Earnings Flash

Company Research

18 Oct 2018

FPT announced 9M 2018 NPAT-MI of VND1.8tn (USD78mn, +21% YoY) as all core pillars, including Software Outsourcing, Telecom and Education, continued strong growth. This result is in line with our expectation and therefore, we foresee non-material changes to our forecasts. At today’s closing price, FPT is trading at an attractive three-year PEG of 0.5 based on our forecasts while its dividend yield is solid at 4.6%. We reiterate BUY on the stock.

Contact us for a research access: (+84) 2 8888 2 6868