VNG (HSTC:VNZ) EV-to-FCF: 11.73 (As of Aug. 26, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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HSTC:VNZ VNG Corp HSTC:VNZ
73 GF Score
Price ₫591,000.00
GF Value ₫498,220.99
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is VNG EV-to-FCF?

VNG HSTC:VNZ 73 EV-to-FCF is 11.73 as of Aug. 26, 2026. GuruFocus rates HSTC:VNZ with a GF Score™ of 73/100 and a GF Value™ of ₫498,220.99 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,596 Software companies, VNG ranks better than 63.85% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, VNG's Enterprise Value is ₫15,220,671 Mil. VNG's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was ₫1,297,112 Mil. Therefore, VNG's EV-to-FCF for today is 11.73.

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: -21.96   Max: 950.87
Current: 11.15

During the past 8 years, the highest EV-to-FCF of VNG was 950.87. The lowest was -237.09. And the median was -21.96.

HSTC:VNZ's EV-to-FCF is ranked better than
63.85% of 1596 companies
in the Software industry
Industry Median: 15.605 vs HSTC:VNZ: 11.15

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 (2026-08-26), VNG's stock price is ₫591000.00. 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 39.07.


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 PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=591000.00/15126.721
=39.07

VNG's share price for today is ₫591000.00.
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.

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.

VNG EV-to-FCF Chart

VNG Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial 0.00 0.00 -223.28 -21.39 4.90

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-FCF 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 16.33 9.59 4.90 6.04 7.63

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

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.


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

VNG EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=15220670.697/1297112.369
=11.73

VNG's current Enterprise Value is ₫15,220,671 Mil.
VNG's Free Cash Flow 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 ₫1,297,112 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-FCF →
What does a EV-to-FCF of 11.73 mean?
VNG (HSTC:VNZ) has a EV-to-FCF of 11.73 as of Aug. 26, 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 #577 out of 1596 companies in the Software industry, placing it in the top 36.2%.
Is VNG's EV-to-FCF too high?
VNG's current EV-to-FCF is 11.73. The Software industry median EV-to-FCF is 15.61. VNG's value of 11.73 is 24.8% below this industry median. Based on the distribution chart, VNG ranks #577 out of 1596 companies in the Software industry, which is above 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-FCF compare to QH and SHOP?
According to the Software industry distribution chart, VNG ranks #577 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 15.61. VNG's value of 11.73 is 24.8% 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 15.61, 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 11.73 is 24.8% 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 15.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VNG's current EV-to-FCF is 11.73. 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 ₫498,220.99, compared to a current price of ₫591,000.00 — trading 18.6% above its estimated fair value. The current EV-to-FCF is 11.73 and 24.8% below the Software industry median of 15.61. 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For VNG (HSTC:VNZ), the current EV-to-FCF is 11.73 as of Aug. 26, 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 ₫591,000.00 is trading 18.6% above its estimated GF Value™ of ₫498,220.99. GuruFocus considers VNG to be Modestly Overvalued.

Key valuation signals for HSTC:VNZ:

  • EV-to-FCF: 11.73
  • GF Value™: ₫498,220.99 vs. price of ₫591,000.00 (18.6% above fair value)
  • GF Score™: 73/100 with 9 warning signs
  • Industry Position: 24.8% below the Software median (#577 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 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-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫591,000.00
Price
₫498,220.99
GF Value