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Pocket Option: Detailed VHM Stock Analysis 2024

10 April 2025
10 min to read
VHM Stock Analysis”: Comprehensive Analysis for Vietnamese Investors 2024

The Vietnamese stock market has always been a promised land for investors, and VHM stock of Vinhomes has become one of the most watched securities. This article will provide a comprehensive VHM stock analysis, helping you gain an objective and clear perspective before making important investment decisions. From technical analysis to fundamental evaluation, you'll grasp all the necessary factors.

Overview of VHM Stock and Its Market Position

Vinhomes (stock code: VHM) is Vietnam’s leading real estate company, part of Vingroup owned by billionaire Pham Nhat Vuong. Since its listing in 2018, VHM has quickly become one of the largest capitalized stocks on the Vietnamese stock exchange. VHM stock analysis cannot be separated from the context of Vietnam’s real estate market and Vingroup’s development strategy.

With a large land bank and presence in many prime locations across the country, Vinhomes has established a solid position in the premium and mid-range real estate segments. The company owns large-scale projects such as Vinhomes Ocean Park, Vinhomes Smart City in Hanoi, and Vinhomes Grand Park in Ho Chi Minh City.

Parameter Value Compared to Industry
Market capitalization ~250,000 billion VND Top 3
P/E ~10.5 Lower than industry average
Land bank ~16,000 ha Largest in the industry
Dividend yield ~1.5% Industry average

In the context of Vietnam’s still volatile stock market, correctly assessing the potential of VHM stock becomes extremely important for both individual and institutional investors. Pocket Option provides in-depth analytical tools to help investors gain a comprehensive view of this stock.

Fundamental Analysis of VHM Stock: Business Performance Perspective

Fundamental analysis is the first necessary step when providing a VHM stock analysis. Vinhomes has demonstrated impressive profitability in recent years, with high profit margins compared to the real estate industry average. The most recent financial reports show that the company maintains stable growth despite the Vietnamese real estate market facing many challenges.

Vinhomes’ Business Performance

Vinhomes has achieved impressive business results in recent years. Revenue mainly comes from the handover of major projects such as Ocean Park, Smart City, and Grand Park. However, since 2023, the company has shifted toward developing integrated urban projects in satellite cities, targeting the mid-range customer segment.

Year Revenue (billion VND) Net Profit (billion VND) Profit Margin (%)
2021 85,094 39,017 45.8%
2022 62,376 29,143 46.7%
2023 75,891 33,622 44.3%
2024 (Q1-Q2) 32,450 15,780 48.6%

VHM’s financial indicators show that the company has high profitability and good capital efficiency. VHM’s ROE (Return on Equity) consistently maintains above 20%, much higher than the average for Vietnam’s real estate industry. This reflects the management’s ability to generate profits from shareholders’ equity.

Real Estate Market Outlook in Vietnam

Vietnam’s real estate market went through a difficult period from late 2022 to early 2024, with low liquidity and price decreases in many segments. However, economists forecast that the market will gradually recover in the second half of 2024 thanks to supportive factors from policies such as:

  • The 2024 Land Law effective from August 2024 with many new points to resolve legal issues
  • Home loan interest rates have decreased to the lowest level in the past 5 years
  • The government is accelerating infrastructure investment, creating momentum for suburban real estate
  • Housing demand remains very high, especially in large cities like Hanoi and Ho Chi Minh City

In this context, Vinhomes with its large land bank and strong financial capacity has many advantages to overcome difficulties and seize opportunities when the market recovers. This is an important factor in evaluating whether “to buy VHM stock” at the current time.

Factor Impact on VHM Outlook
2024 Land Law Positive Resolves many legal issues for projects
Loan interest rates Positive Stimulates home buying demand
Infrastructure investment Very positive Increases value of VHM’s suburban land bank
Market competition Neutral VHM maintains leading position

Technical Analysis of VHM Stock: Chart Perspective

Besides fundamental analysis, VHM stock analysis must be based on technical analysis to determine price trends and appropriate trading times. In the past 12 months, VHM stock has experienced many fluctuations with a downward trend in the first half of 2023 and gradual recovery since Q4/2023.

From a technical perspective, VHM has formed a bottom in November 2023 and is in the process of creating a medium-term uptrend. The MA20 line has crossed above the MA50, signaling a positive sign. However, the trading volume remains low, showing investors are still cautious.

Technical Indicator Current Value Signal
RSI (14) 58.5 Neutral, upward trend
MACD +1.25 Positive
Bollinger Bands Price near upper band In uptrend
Fibonacci Retracement Reached 0.618 level May continue to rise

The current important resistance for VHM is at the 50,000-52,000 VND price level, which is both a psychological threshold and the highest price range in the past 6 months. If it breaks through this level with large volume, VHM could continue its uptrend to the 58,000-60,000 VND range. Conversely, strong support lies at 45,000 VND and 42,000 VND.

Investors using the Pocket Option platform can leverage advanced technical analysis tools to track and predict VHM price movements more accurately, leading to more effective trading decisions.

Should You Buy VHM Stock? Analysis of Pros and Cons

The question “should you buy VHM stock” is always of interest to many investors. To answer this question objectively, it’s necessary to carefully analyze both the advantages and potential risks of this stock.

Strengths of VHM Stock

  • Vinhomes is a leading real estate company with a strong brand and large land bank
  • High profitability with superior profit margins compared to industry averages
  • Healthy financial situation with low debt-to-equity ratio
  • Product diversification strategy, developing smart urban areas meeting market trends
  • Benefits from infrastructure development and urbanization in Vietnam

With these advantages, many experts believe you should buy VHM stock when the price adjusts to strong support zones or when there are signals confirming an uptrend.

Factor Assessment Analysis
Fundamentals Strong Leading real estate company with large land bank
Financials Good High ROE, low debt ratio
Valuation Reasonable P/E lower than industry average
Outlook Positive Benefits from real estate market recovery

However, investors should also consider the following risk factors:

  • The real estate market still faces many challenges, especially regarding legal issues and liquidity
  • Interest rate fluctuations may affect people’s home-buying ability
  • Risks from increasingly fierce competition in the mid-range real estate segment
  • The cyclical nature of the real estate industry can create large price fluctuations

Factors Affecting VHM Stock Price

To have an accurate VHM stock analysis, it’s necessary to carefully analyze the factors that may affect this stock price in the short, medium, and long term.

Factor Group Detailed Factor Impact Level
Macroeconomic Vietnam’s GDP growth High
Interest rates and monetary policy Very high
USD/VND exchange rate Medium
Real Estate Industry Changes in land and construction policies and laws Very high
Real estate market liquidity High
Urban development trends High
Company Business results and profit growth Very high
Progress and revenue from new projects High
Shareholder structure and insider transactions Medium

Among these factors, changes in land and real estate laws and policies have a very large impact on VHM. The passage of the 2024 Land Law with many new points to resolve legal issues is expected to create favorable conditions for Vinhomes to accelerate the implementation of stalled projects, thereby improving revenue and profits in the coming years.

Additionally, the downward trend in interest rates from late 2023 to now is also a positive factor, helping to reduce borrowing costs for businesses and stimulate people’s home-buying demand. Experts from Pocket Option assess that this will positively support VHM stock price in the medium term.

Investment Strategy with VHM Stock

Based on fundamental and technical analysis, appropriate investment strategies can be proposed for VHM stock for each type of investor.

Strategy for Long-term Investors

For long-term investors, VHM is a potential stock with a leading position in Vietnam’s real estate industry. Suitable strategies might include:

  • Accumulating VHM when the price adjusts to strong support zones (42,000-45,000 VND)
  • Applying the dollar-cost averaging (DCA) method to minimize price volatility risk
  • Setting a 2-3 year holding target to benefit from the real estate market recovery cycle
  • Closely monitoring the progress of Vinhomes’ major projects and quarterly business results

For investors wondering “should you buy VHM stock” for long-term portfolios, the answer is quite positive considering the company’s position and the recovery prospects of Vietnam’s real estate sector in the next 2-3 years.

Investor Type Strategy Price Target Timeframe
Long-term Accumulate during corrections 65,000-70,000 VND 2-3 years
Medium-term Buy when uptrend is confirmed 55,000-60,000 VND 6-12 months
Short-term Trade on technical oscillations 52,000-55,000 VND 1-3 months
Swing trading Buy at support, sell at resistance 2-5% profit/trade 1-4 weeks

Short and medium-term investors can apply the following strategies:

  • Monitor signs of breakout from accumulation zones with large volume
  • Pay attention to price patterns like “cup and handle” or “double bottom” that may form on VHM charts
  • Use technical indicators like RSI, MACD, and Bollinger Bands to identify entry and exit points
  • Set stop-loss at 5-7% below the purchase price to control risk

Pocket Option provides many advanced analytical tools helping investors easily monitor and trade VHM stock according to different strategies. From in-depth technical charts to real-time news updates, this platform brings competitive advantages to Vietnamese investors.

Pocket Option – Optimal Trading Platform for Vietnamese Investors

In the process of monitoring and investing in VHM stock, choosing a suitable trading platform plays an important role. Pocket Option emerges as a superior choice for Vietnamese investors with many notable advantages.

Pocket Option provides a friendly, easy-to-use interface along with in-depth analytical tools helping investors make informed decisions. In particular, when analyzing VHM stock, users can leverage:

  • Technical charts with multiple timeframes and indicators
  • Real-time market and company news updates
  • Risk management and investment portfolio optimization tools
  • Fundamental analysis with regularly updated financial data

Additionally, Pocket Option also has outstanding advantages such as:

Feature Benefit
Low transaction fees Optimizes investment costs, increases net profit
Diverse investment products Opportunity to diversify portfolio, minimize risk
24/7 Vietnamese support Quick problem resolution, convenient for investors
Mobile application Trade anytime, anywhere, don’t miss opportunities
High security Peace of mind about assets and personal information

For investors interested in VHM stock, Pocket Option also provides in-depth analysis reports and market insights from leading experts. This helps users have a multi-dimensional view before deciding “whether to buy VHM stock” or not.

With a commitment to delivering the best investment experience, Pocket Option continuously updates and upgrades its platform, ensuring Vietnamese users always have the most modern tools to monitor and trade VHM stock as well as other investment opportunities in the market.

Conclusion: Investment Outlook for VHM Stock in 2024-2025

After comprehensive analysis, the VHM stock analysis shows this is an investment option worth considering for short, medium, and long-term investors in the context of Vietnam’s stock market in 2024-2025.

On the fundamental side, Vinhomes maintains a leading position in the real estate industry with a large land bank, strong financial capacity, and reputable brand. The company’s business results remain positive despite market challenges, proving sustainability in its business model.

On the technical side, VHM stock is in an accumulation phase and shows signs of forming a medium-term uptrend. With support from macroeconomic policies and recovery prospects for the real estate industry, VHM has promising growth potential in the next 1-2 years.

The question “should you buy VHM stock” will have different answers depending on the goals, strategies, and risk appetite of each investor. However, for those looking for investment opportunities in leading companies with reasonable valuations, VHM is a choice worthy of consideration.

Finally, regardless of investment decisions, using a professional trading platform like Pocket Option will help investors have all the tools to analyze, monitor, and execute transactions most effectively. Remember that stock investment always carries risks, and thorough research, regular information updates, and proper capital management are keys to success in the market.

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FAQ

Is VHM stock a good investment?

VHM stock is considered a potentially good investment due to Vinhomes' leading position in the real estate industry, large land bank, and healthy financial situation. However, investment quality will depend greatly on the timing and purchase price. Investors should consider buying when the stock price adjusts to strong support zones and has technical signals confirming an uptrend.

Should you buy VHM stock in 2024?

2024 is forecast by many experts to be a recovery year for Vietnam's real estate market thanks to supportive policies and low interest rates. In this context, VHM could be a reasonable choice for investors wanting to get ahead of the new growth cycle. However, investors need to closely monitor market conditions and the progress of Vinhomes' major projects to make accurate decisions.

What is the long-term outlook for VHM stock?

In the long term, VHM is positively evaluated due to its leading position in the real estate industry, large land bank, and ability to capitalize on urbanization trends in Vietnam. With the growing middle class and still high housing demand, Vinhomes has many opportunities to expand market share and grow revenue and profits in the next 3-5 years.

How to correctly assess the value of VHM stock?

To correctly assess VHM stock value, investors should combine multiple valuation methods such as P/E, P/B, EV/EBITDA, and discounted cash flow (DCF) models. Additionally, analyze the value of existing land bank, progress of ongoing projects, and future profitability. Comparison with peer companies domestically and internationally also helps more accurately assess the reasonable valuation level of VHM.

Is Pocket Option suitable for trading Vietnamese stocks?

Pocket Option is a trading platform chosen by many Vietnamese investors thanks to its friendly interface, competitive transaction fees, and diverse analytical tools. The platform supports trading various assets including Vietnamese stocks and international markets. With 24/7 Vietnamese support and convenient mobile application, Pocket Option is suitable for both beginning investors and experienced investors wanting to monitor and trade VHM stock.

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