Pocket Option in-depth analysis of IPA stock: Investment Opportunity 2025

Overview of IPA stock and its position in the Vietnamese stock market

IPA stock, the stock code of I.P.A Investment Group Joint Stock Company, has become one of the most notable stocks in the Vietnamese market from 2020 until now. Listed on the HOSE exchange since 2017, with current charter capital of 2,398 billion VND, IPA stock has attracted investor attention thanks to its diverse business strategy and ability to adapt quickly to market fluctuations.

I.P.A Investment Group focuses on four core areas: financial investment (accounting for 45% of revenue), real estate (30%), renewable energy (15%), and infrastructure (10%). These are all key industries in Vietnam’s economic development strategy for 2021-2030, as the country rapidly pushes industrialization and urbanization.

Over the past 3 years, IPA stock has experienced strong fluctuations – from a low of 7,800 VND (March 2020) to a peak of 37,200 VND (January 2022) before adjusting to the 20,000-25,000 VND range in 2024. These fluctuations not only reflect the company’s business situation but are also linked to the cycles of Vietnam’s real estate and financial markets.

Pocket Option — a trading platform trusted by over 350,000 Vietnamese investors — provides in-depth analysis tools for IPA stock. These tools include multi-timeframe charts (M1-D1), 50+ technical indicators, and real-time price alert systems, helping investors capture optimal trading opportunities.

Fundamental analysis of the business operations of the company issuing IPA stock

I.P.A Group’s business results over the last 3 years show a notable recovery trend. Revenue in 2023 reached 1,245 billion VND (increasing 22.8% compared to 2022), with after-tax profit reaching 328 billion VND (increasing 37.2%). This is the result of a strategy to restructure the investment portfolio and focus on high-margin projects.

Financial Investment – The Main Pillar of I.P.A

I.P.A’s financial investment segment operates through 5 subsidiaries and 3 main affiliates, contributing 562 billion VND in revenue (45% of total revenue) in 2023. The highlight is VndDirect Securities Company (VND) – where I.P.A owns 49.5% of shares, currently holding the 5th largest brokerage market share in Vietnam’s stock market (5.8% of HoSE market share).

Besides VndDirect, I.P.A also owns 75% of VNDIRECT Fund Management Company with assets under management of over 1,200 billion VND, focusing on equity and bond funds. This segment is forecast to grow 25-30% annually during 2024-2026 as Vietnam’s stock market continues to attract foreign capital following its upgrade to emerging market status.

Real Estate Investment – Source of Exceptional Profits

In 2023, the real estate segment contributed 373 billion VND (30% of revenue) but accounted for up to 52% of the group’s total profit thanks to high profit margins (45.8%). A notable project is the Sunlake Urban Area (Hoai Duc, Hanoi) with a scale of 50 hectares, total investment of 3,200 billion VND, which has completed phase 1 and been handed over to customers from Q4/2023.

Currently, IPA is developing 3 major real estate projects with a total investment value of over 8,500 billion VND, expected to be implemented during 2024-2027. According to Colliers Vietnam’s report, Vietnam’s real estate market is entering a recovery cycle after 2 years of adjustment (2022-2023), creating favorable conditions for I.P.A’s projects.

According to experts from Pocket Option, the recovery of the real estate market with improved liquidity from Q2/2024 and the readiness of financial institutions to provide capital to the market after the new Real Estate Business Law takes effect (8/1/2024) are positive factors for IPA’s real estate segment prospects in the next 12-18 months.

In addition to the two main segments, I.P.A is enhancing investment in renewable energy with 3 solar power projects (total capacity 140MW) and 2 wind power projects (120MW), contributing 187 billion VND in revenue (15%) in 2023. According to Power Plan VIII, Vietnam will increase the proportion of renewable energy to 30.9-39.2% by 2030, creating significant opportunities for this segment.

Technical analysis and price movements of IPA stock over the past 5 years

The technical chart of IPA stock over the past 5 years shows 3 distinct cycles: (1) Accumulation phase (2019-Q1/2020), (2) Strong growth phase (Q2/2020-Q1/2022), and (3) Adjustment phase and formation of a new price base (Q2/2022-present). This development reflects both the business cycle of the company and the general market cycle.

IPA stock has the following important technical characteristics:

According to data from the Pocket Option platform, IPA stock has created notable technical patterns during the 2020-2024 period:

Current technical analysis (Q2/2024) shows that IPA stock is trading in an accumulation channel with strong support at 21,500-22,000 VND and resistance at 25,000-25,500 VND. The MACD indicator is in a positive trend with the MACD line crossing above the signal line, while the RSI indicator is at 56, showing room for growth.

In particular, the Bollinger Bands indicators show a narrowing trading range, typically a sign of a strong movement about to occur. With the price approaching the 50-day moving average from below, IPA stock is likely to have a strong reaction at this price level in the next 2-3 weeks.

Factors affecting the prospects of IPA stock in the context of Vietnam’s economy

To comprehensively evaluate the prospects of IPA stock, investors need to carefully analyze macro and micro factors in the specific context of the Vietnamese market in 2024-2025.

Macroeconomic Factors

Vietnam’s GDP growth in Q1/2024 reached 5.66%, higher than the same period in 2023 (3.32%) and is forecast to reach 6.3-6.5% for the entire year 2024 according to the World Bank report. This is the highest growth rate in the ASEAN region, creating a solid foundation for investment companies like I.P.A.

Monetary policy is in a supportive cycle, with the policy interest rate reduced 4 times from Q3/2023 to Q1/2024, totaling 1.5 percentage points. Average lending rates decreased from 9.5% to 7.8-8.0%, significantly reducing capital costs for real estate and financial businesses like I.P.A.

FDI flows into Vietnam in Q1/2024 reached 6.17 billion USD, increasing 13.4% compared to the same period, focusing on manufacturing and processing sectors (accounting for 72.2%) and real estate (9.8%). With major corporations like Apple, Samsung, and LG expanding their investments in Vietnam, demand for industrial real estate and housing for foreign experts – segments in which I.P.A participates – will increase significantly.

The Pocket Option platform provides weekly macroeconomic analysis reports on Vietnam’s economy, helping investors monitor the latest figures on GDP, inflation, interest rates, exchange rates, and assess their impact on the industries in which I.P.A operates. In particular, leading indicators such as manufacturing PMI, business confidence index, and credit data are all showing a clear recovery trend from Q4/2023.

Investment strategies with IPA stock for Vietnamese investors

Based on comprehensive analysis of IPA stock and the Vietnamese market situation, here are specific investment strategies suitable for different investor groups:

Below are important principles and specific actions for investors when trading IPA stock:

Pocket Option provides a special toolkit “IPA Stock Screener” helping investors monitor 12 important technical indicators of IPA stock in real-time, with automatic alerts when trading signals occur. In particular, the “Price Action Alert” feature will notify when IPA stock breaks through the price channel, forms important candlestick patterns, or has unusual volume movements, helping investors capture trading opportunities earliest.

Comparison of IPA stock with other stocks in the same industry on the Vietnamese market

To accurately assess the competitive position and investment potential of IPA stock, it needs to be compared with other financial-investment and real estate companies on the Vietnamese stock market. Below is a detailed comparative analysis with 3 main competitors:

From the comparison table, it can be seen that IPA stock has the following notable characteristics:

According to analysts from Pocket Option, in terms of risk/reward factors, IPA stock is in a more balanced position compared to competitors: less risky than BCG (due to lower debt ratio), has higher growth potential than FIT (thanks to larger energy and real estate portfolios), but has a higher valuation compared to REE (as REE has a more stable and longer history).

Conclusion and long-term prospects of IPA stock

After comprehensive analysis from fundamental, technical, and industry comparison aspects, specific and well-founded conclusions about the prospects of IPA stock in the context of the current and future Vietnamese market can be drawn.

Fundamentally, I.P.A Investment Group has built a diverse business model with presence in three strategic sectors of Vietnam’s economy: finance (45% of revenue), real estate (30%), and renewable energy (15%). This diversification has helped the company overcome the difficult period of 2022-2023 when both real estate and financial markets simultaneously faced challenges.

In the short term (6-12 months), IPA stock may face pressure from the fact that the real estate market is still in the early stages of the recovery cycle. However, with the company owning 49.5% of VndDirect shares – a top 5 market share securities company (contributing nearly 30% of revenue), IPA still has a stable revenue source to maintain operations and invest in long-term projects.

In the medium and long term (2-5 years), the prospects for IPA stock are quite positive thanks to 4 main factors:

However, investors should also note some specific risks when investing in IPA stock:

Pocket Option assesses that at the current price level (22,000-25,000 VND), IPA stock is at a reasonable valuation zone (P/E 18.5x) compared to growth potential in the next 2-3 years. According to DCF valuation model and industry P/E comparison, the target price for IPA stock by the end of 2024 is 27,500-29,000 VND (+20-30%) and 35,000-40,000 VND (+60-80%) by 2026.

To optimize investment effectiveness in IPA stock, investors should combine “buy and hold” strategy for 70-80% of the position, with the remaining 20-30% applying range trading strategy to take advantage of price movements in the current accumulation channel. At the same time, always update information about the company’s business situation, progress of key projects, and macroeconomic factors affecting the industry.

The Pocket Option trading platform provides comprehensive analysis tools, market information, and technical alerts to help investors closely monitor the developments of IPA stock and make correct investment decisions in both rising and falling market cycles, ensuring sustainable investment strategies and stable long-term profits.