VNG (HSTC:VNZ) EV-to-EBITDA: 12.01 (As of Aug. 30, 2026)

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HSTC:VNZ VNG Corp HSTC:VNZ
73 GF Score
Price ₫595,600.00
GF Value ₫498,595.83
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is VNG EV-to-EBITDA?

VNG HSTC:VNZ -0.73% 73 EV-to-EBITDA is 12.01 as of Aug. 30, 2026. GuruFocus rates HSTC:VNZ with a GF Score™ of 73/100 and a GF Value™ of ₫498,595.83 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,967 Software companies, VNG ranks worse than 57.35% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, VNG's enterprise value is ₫15,355,805 Mil. VNG's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₫1,278,765 Mil. Therefore, VNG's EV-to-EBITDA for today is 12.01.

The historical rank and industry rank for VNG's EV-to-EBITDA or its related term are showing as below:

HSTC:VNZ' s EV-to-EBITDA Range Over the Past 10 Years
Min: -382.01   Med: -28.72   Max: 1095.49
Current: 12.01

During the past 8 years, the highest EV-to-EBITDA of VNG was 1095.49. The lowest was -382.01. And the median was -28.72.

HSTC:VNZ's EV-to-EBITDA is ranked worse than
57.35% of 1967 companies
in the Software industry
Industry Median: 10.44 vs HSTC:VNZ: 12.01

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-30), VNG's stock price is ₫595600.00. VNG's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₫15126.721. Therefore, VNG's PE Ratio (TTM) for today is 39.37.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


VNG  (HSTC:VNZ) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

VNG's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=595600.00/15126.721
=39.37

VNG's share price for today is ₫595600.00.
VNG's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₫15126.721.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


VNG EV-to-EBITDA Related Terms


VNG EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for VNG's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

VNG EV-to-EBITDA Chart

VNG Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial 0.00 0.00 -9.85 -365.62 11.68

VNG Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.62 28.63 11.68 9.16 7.74

HSTC:VNZ vs QH, SHOP, UBER: EV-to-EBITDA Comparison

For the Software - Application subindustry, VNG's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


VNG EV-to-EBITDA vs Software Industry

For the Software industry and Technology sector, VNG's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where VNG's EV-to-EBITDA falls into.


HSTC:VNZ
73GF Score
VNG Corp HSTC:VNZ
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VNG EV-to-EBITDA Calculation

VNG's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=15355804.777/1278765.115
=12.01

VNG's current Enterprise Value is ₫15,355,805 Mil.
VNG's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₫1,278,765 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 12.01 mean?
VNG (HSTC:VNZ) has a EV-to-EBITDA of 12.01 as of Aug. 30, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on VNG. According to the industry distribution chart, VNG ranks #1128 out of 1967 companies in the Software industry, placing it in the top 57.3%.
Is VNG's EV-to-EBITDA too high?
VNG's current EV-to-EBITDA is 12.01. The Software industry median EV-to-EBITDA is 10.44. VNG's value of 12.01 is 15% above this industry median. Based on the distribution chart, VNG ranks #1128 out of 1967 companies in the Software industry, which is below the industry midpoint. Overall, VNG has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VNG's EV-to-EBITDA compare to QH and SHOP?
According to the Software industry distribution chart, VNG ranks #1128 out of 1967 companies for EV-to-EBITDA. This places VNG in the lower half of its industry. The industry median EV-to-EBITDA is 10.44. VNG's value of 12.01 is 15% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Software company?
The median EV-to-EBITDA among Software companies is 10.44, based on 1,967 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. VNG's current EV-to-EBITDA of 12.01 is 15% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on VNG. For the Software industry, the median EV-to-EBITDA is 10.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VNG's current EV-to-EBITDA is 12.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VNG stock overvalued right now?
Based on GuruFocus' analysis, VNG (HSTC:VNZ) is currently considered Modestly Overvalued. The stock's GF Value™ is ₫498,595.83, compared to a current price of ₫595,600.00 — trading 19.5% above its estimated fair value. The current EV-to-EBITDA is 12.01 and 15% above the Software industry median of 10.44. VNG's overall GF Score™ is 73/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For VNG (HSTC:VNZ), the current EV-to-EBITDA is 12.01 as of Aug. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is VNG (HSTC:VNZ) Overvalued in 2026?

Based on GuruFocus' analysis, VNG stock appears to be overvalued. The current stock price of ₫595,600.00 is trading 19.5% above its estimated GF Value™ of ₫498,595.83. GuruFocus considers VNG to be Modestly Overvalued.

Key valuation signals for HSTC:VNZ:

  • EV-to-EBITDA: 12.01
  • GF Value™: ₫498,595.83 vs. price of ₫595,600.00 (19.5% above fair value)
  • GF Score™: 73/100 with 9 warning signs
  • Industry Position: 15% above the Software median (#1128 of 1967)

No single metric tells the full story. See the HSTC:VNZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VNG Business Description

Address Z06 street 13, Tan Thuan Ward, District 7, Ho Chi Minh, VNM
VNG Corp offers a variety-of-products and services, including Online games, Communications and Media, Fintech, Cloud services, Zalo AI, and TrueID. The company has five business segments: Games & Entertainment, Zalo & AI, Zalopay, GreenNode, and Long-term Opportunities. The majority of its revenue is generated from the Games and Entertainment segment.
73GF Score

Get the complete analysis for HSTC:VNZ

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫595,600.00
Price
₫498,595.83
GF Value