Want to see GB:VNH full AI Analyst Report?
Vietnam Holding (VNH) AI Stock Analysis
Vietnam Holding
(LSE:VNH)
The score is mainly supported by a conservatively positioned balance sheet with no debt and a strong equity base, alongside improved profitability and cash flow in the latest year. Offsetting this, financial results have been inconsistent with sharp recent revenue contraction, and technical signals are neutral with the price still below longer-term moving averages. Valuation is moderate based on the provided P/E, but dividend support cannot be assessed due to missing yield data.
Vietnam Holding (VNH) vs. iShares MSCI United Kingdom ETF (EWC)
- Market Cap
- GBP 60.25M
- Dividend Yield
- ―
- Average Volume (3M)
- 33.75K
- Price to Earnings (P/E)
- 15.1
- Beta (1Y)
- 0.58
- Revenue Growth
- ―
- EPS Growth
- ―
- Country
- UK
- Employees
- 0
- Sector
- Financial
- Sector Strength
- 68
- Industry
- Asset Management
Vietnam Holding Business Overview & Revenue Model
Company Description
VietNam Holding Limited is a closed-end equity investment vehicle, overseen by Vietnam Holding Asset Management Ltd. The fund's objective is to allocate capital to publicly listed companies across diverse sectors within Vietnam's equity markets. It p...
Vietnam Holding Financial Statement Overview
Summary
Strong balance sheet strength (no debt and substantial equity) supports financial resilience, and the latest year shows a rebound in profitability with strong cash flow. However, earnings and cash flow have been volatile across years, and revenue contracted sharply in 2026 after a decline in 2025, which raises concerns about durability.
Income Statement
52NeutralBalance Sheet
86Very PositiveCash Flow
63Positive| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 11.00M | 11.00M | 19.74M | 30.99M | -4.81M | -3.40M |
| Gross Profit | 11.00M | 11.00M | 16.89M | 30.99M | -4.81M | -3.40M |
| EBITDA | 0 | 0 | -3.02M | 26.80M | 0 | -67.67K |
| Net Income | 7.28M | 7.28M | -3.02M | 26.52M | -8.62M | -7.72M |
Balance Sheet | ||||||
| Total Assets | 97.18M | 97.18M | 118.53M | 140.39M | 116.19M | 129.18M |
| Cash, Cash Equivalents and Short-Term Investments | 5.38M | 5.38M | 4.53M | 2.89M | 1.75M | 8.16M |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 418.45K | 418.45K | 818.16K | 239.81K | 931.86K | 355.28K |
| Stockholders Equity | 96.77M | 96.77M | 117.71M | 140.15M | 115.26M | 128.82M |
Cash Flow | ||||||
| Free Cash Flow | 29.07M | 29.07M | -2.22M | 3.30M | -1.35M | 61.74M |
| Operating Cash Flow | 29.07M | 29.07M | -2.22M | 3.30M | -1.35M | 61.74M |
| Investing Cash Flow | 0 | 0 | 25.03M | 0 | 0 | 0 |
| Financing Cash Flow | -28.14M | -28.14M | -20.86M | -1.88M | -4.69M | -59.54M |
Vietnam Holding Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:VNH, the sentiment is Negative. The current price of 327.50 is below the 20-day moving average (MA) of 328.40, below the 50-day MA of 332.16, and below the 200-day MA of 351.72, indicating a bearish trend. The MACD of -0.07 indicates Negative momentum. The RSI at 46.99 is Neutral, neither overbought nor oversold. The STOCH value of 66.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:VNH.
Vietnam Holding Peers Comparison
Overall Rating
- GB:VNH66Neutral
GB:MAFL62Neutral
GB:MERC61Neutral
GB:MILA41Neutral
GB:TRUE38Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 68Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
| GB:VNH | 66Neutral | GBP 60.25M | 15.13 | 7.17% | ― | ― | ― |
| GB:MAFL | 62Neutral | GBP 15.19M | 4.17 | 23.41% | ― | 543.02% | 30.22% |
| GB:MERC | 61Neutral | GBP 127.84M | -15.02 | -4.78% | 3.28% | -2.25% | -350.00% |
| GB:MILA | 41Neutral | GBP 8.84M | -1.19 | -141.69% | ― | ― | -500.00% |
| GB:TRUE | 38Underperform | GBP 1.77M | -4.09 | -17.10% | ― | ― | 68.42% |
* Financial Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| GB:VNH | Vietnam Holding | 327.50 | -70.50 | -17.71% | |
| GB:TRUE | Braveheart Investment | 2.25 | 0.15 | 7.14% | |
| GB:MERC | Mercia Asset Management Plc | 30.50 | 1.53 | 5.28% | |
| GB:MILA | Mila Resources | 1.02 | -1.68 | -62.04% | |
| GB:MAFL | Mineral & Financial Investments | 39.00 | 4.50 | 13.04% |
Vietnam Holding Corporate Events
VietNam Holding to Cancel TISE Listing and Streamline Market Presence
PositiveVietNam Holding Limited has announced it will cancel the listing of its ordinary USD1.00 shares on The International Stock Exchange in the Channel Islands, with the move expected to take effect around 28 October 2026. The company will give at least 2...
VietNam Holding posts lower net assets but higher NAV per share in 2026 report
NeutralVietNam Holding Limited has published its 2026 Annual Report and financial statements, reporting total net assets of USD 96.8 million as of 30 June 2026, down from USD 117.6 million a year earlier. Net asset value per share rose in both USD and GBP t...
VietNam Holding updates market on latest share buybacks and voting rights
PositiveVietNam Holding Limited has continued its share buyback programme, purchasing 25,138 ordinary shares into treasury on 18 September 2026 at 330.5 pence per share. This latest transaction increases the number of shares held in treasury to 1,127,020 and...
VietNam Holding Outperforms as Vietnam Readies FTSE Emerging Market Upgrade
PositiveVietnam’s stock market rebounded in August, with the VN Index rising 5.6% and VietNam Holding’s net asset value gaining 7.6%, outperforming broader benchmarks. Strong corporate earnings, resilient economic data and robust performances fro...
VietNam Holding Continues Share Buybacks to Tighten Capital Base
PositiveVietNam Holding Limited has continued its share buyback programme, purchasing 4,998 ordinary shares at an average price of 337.5 pence per share on 11 September 2026. Following this latest transaction, the company has 18,439,484 voting shares in issu...
VietNam Holding Highlights Vietnam Banking Opportunities in New White Paper
PositiveVietNam Holding Limited, a London-listed investment vehicle focused on Vietnamese equities, is deepening its commitment to the country’s banking industry through its fund manager Dynam Capital. With banks making up almost 40% of its public equi...
VietNam Holding Redeems 14.7% of Share Capital in 2026 Tender
NeutralVietNam Holding Limited has confirmed that shareholders tendered 2,690,418 ordinary shares for redemption under its 2026 Redemption Opportunity, and these shares will be redeemed as planned. The redeemed shares represent approximately 14.7 per cent o...
VietNam Holding Clarifies Total Voting Rights and Share Capital Structure
NeutralVietNam Holding Limited has reported that, as of 1 September 2026, it has 18,444,482 ordinary shares in issue with voting rights and a further 1,096,884 shares held in treasury. This disclosure clarifies the company’s total voting rights, givin...
VietNam Holding Continues Share Buybacks to Manage Capital Structure
PositiveVietNam Holding Limited has executed a share buyback, purchasing 15,461 ordinary shares at an average price of 336.9 pence, leaving 18,444,482 voting shares in issue and 1,096,884 held in treasury. Since its last annual general meeting, the company h...
VietNam Holding weathers July slump as Vietnamese earnings surge and FTSE upgrade nears
PositiveVietnam’s stock market endured a sharp setback in July, with the Vietnam All Share Index down 7.5% and VietNam Holding’s net asset value falling 9.8%, even as second-quarter earnings and macroeconomic data showed strong underlying growth....
VietNam Holding boosts buybacks to support shareholder value
PositiveVietNam Holding Limited has continued its share buyback programme, purchasing 11,884 ordinary shares on 21 August 2026 at an average price of 331.6 pence per share. Following this latest transaction, the company now has 18,459,943 voting shares in is...
VietNam Holding Continues Share Buybacks to Support Capital Strategy
PositiveVietNam Holding Limited has continued its share buyback programme, purchasing 16,278 ordinary shares at an average price of 329.90 pence on 14 August 2026. Following this transaction, the company now has 18,471,827 ordinary shares in issue with votin...
VietNam Holding Updates Market on Total Voting Rights
NeutralVietNam Holding Limited has disclosed its current voting rights position in line with FCA transparency requirements, confirming that as of 31 July 2026 it has 18,488,105 ordinary shares in issue with voting rights and 1,053,261 shares held in treasur...
VietNam Holding Sees Vietnam’s Economic Strength Undervalued by Equity Markets
PositiveVietNam Holding’s manager reports that Vietnam’s economy continues to show robust momentum, with GDP growth accelerating, exports and retail sales rising, and foreign direct investment hitting record levels. Major institutions such as the...
VietNam Holding Continues Share Buybacks to Support Investor Value
PositiveVietNam Holding Limited has continued its share buyback programme, purchasing 16,747 ordinary shares on 10 July 2026 at an average price of 335.25 pence, leaving 18,488,105 voting shares in issue and 1,053,261 shares held in treasury. Since its last...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 03, 2026