EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, VNG's Enterprise Value is ₫11,722,462 Mil.
VNG's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₫1,270,075 Mil. Therefore, VNG's EV-to-FCF for today is 9.23.
The historical rank and industry rank for VNG's EV-to-FCF or its related term are showing as below:
HSTC:VNZ'
s EV-to-FCF Range Over the Past 10 Years
Min: -237.09 Med: -22.13 Max: 950.87
Current: 9.23
During the past 8 years, the highest EV-to-FCF of VNG was 950.87. The lowest was -237.09. And the median was -22.13.
HSTC:VNZ's EV-to-FCF is ranked better than 69.36% of 1596
companies
in the Software industry
Industry Median: 14.73
vs HSTC:VNZ: 9.23
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
As of today (2026-07-12), VNG's stock price is ₫450000.00.
VNG's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₫-133.896. Therefore, VNG's PE Ratio (TTM) for today is At Loss.
VNG (HSTC:VNZ) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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 share price for today is ₫450000.00.
VNG's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₫-133.896.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
VNG EV-to-FCF Related Terms
VNG EV-to-FCF Historical Data
* Premium members only.
The historical data trend for VNG's EV-to-FCF 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.
For the Software - Application subindustry, VNG's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Software Industry
For the Software industry and Technology sector, VNG's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where VNG's EV-to-FCF falls into.
VNG's current Enterprise Value is ₫11,722,462 Mil.
VNG's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₫1,270,075 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.
VNG (HSTC:VNZ) has a EV-to-FCF of 9.23 as of Jul. 12, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on VNG and its competitors. According to the industry distribution chart, VNG ranks #489 out of 1596 companies in the Software industry, placing it in the top 30.6%.
Is VNG's EV-to-FCF too high?
VNG's current EV-to-FCF is 9.23. The Software industry median EV-to-FCF is 14.73. VNG's value of 9.23 is 37.3% below this industry median. Based on the distribution chart, VNG ranks #489 out of 1596 companies in the Software industry, which is above the industry midpoint. Overall, VNG has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VNG's EV-to-FCF compare to UBER and SHOP?
According to the Software industry distribution chart, VNG ranks #489 out of 1596 companies for EV-to-FCF. This puts VNG in the upper half of its industry. The industry median EV-to-FCF is 14.73. VNG's value of 9.23 is 37.3% below 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-FCF for a Software company?
The median EV-to-FCF among Software companies is 14.73, based on 1,596 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. VNG's current EV-to-FCF of 9.23 is 37.3% below 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on VNG and its competitors. For the Software industry, the median EV-to-FCF is 14.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VNG's current EV-to-FCF is 9.23. 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 Undervalued. The stock's GF Value™ is ₫544,797.07, compared to a current price of ₫450,000.00 — trading 17.4% below its estimated fair value. The current EV-to-FCF is 9.23 and 37.3% below the Software industry median of 14.73. VNG's overall GF Score™ is 79/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For VNG (HSTC:VNZ), the current EV-to-FCF is 9.23 as of Jul. 12, 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 undervalued.
The current stock price of ₫450,000.00 is trading 17.4% below its estimated GF Value™ of ₫544,797.07.
GuruFocus considers VNG to be Modestly Undervalued.
Key valuation signals for HSTC:VNZ:
EV-to-FCF: 9.23
GF Value™: ₫544,797.07 vs. price of ₫450,000.00 (17.4% below fair value)
Industry Position: 37.3% below the Software median (#489 of 1596)
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 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.
79GF Score
Get the complete analysis for HSTC:VNZ
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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