HAG.VN

Unloved Quality

Hoang Anh Gia Lai Joint Stock Company · Real Estate · Vietnam · $686M cap · $1.3M/day traded

VND 13,900 +0.0% · close 6 Nov · scored 7 Nov

Score up 3.3 since 6 Nov: Momentum up 3.

Unloved Quality: Strong and cheap, but the market has not warmed to it.

70
Score
Get score alerts
Quality
68
Value
55
Momentum
42

As of 7 Nov 2026, the MoatMap Score for Hoang Anh Gia Lai Joint Stock Company (HAG.VN) is 70/100, ranked against 25,000+ stocks in 38 markets (Quality 68, Value 55, Momentum 42, each scored against its sector).

Does the score work? Each tenth of the ranking, tracked monthly. See the record →

P/E (TTM)
5.3x
peers 20.0x
ROE
23.3%
peers 6.6%
D/E
0.5x
peers 0.8x
Dividend %
—
trailing yield

ABOUT HOANG ANH GIA LAI JOINT STOCK COMPANY

Read

Hoang Anh Gia Lai Joint Stock Company, together with its subsidiaries, engages in the agriculture business in Vietnam, Laos, Cambodia, and internationally. It operates through Production, Trading and Services, Construction, and Agriculture segments.

FINANCIAL SUMMARY (VND)

Year2022202320242025CAGRTTM
Revenue5.1T6.4T5.8T7.4T13.3%6.8T
EPS (VND)1,2171,794997.001,91016.2%2,544
Shares927.4M927.4M1.1B1.3B+36.7%1.3B
Debt8.2T7.9T7.0T7.9T-1.1%8.8T
Equity5.0T6.4T8.7T13.2T38.3%—
Op CF37.3B101.1B-782.8B940.5B193.1%2.6T
Inv CF250.2B49.8B484.1B-3.5T——
Fin CF-293.5B-181.5B406.6B3.1T——
PRICE (1Y) · VND-0.7%
13,75014,01314,27514,53814,80028 Sep19 Oct6 Nov
SMA 50SMA 200
Price checkFinding a floorExperimental

No new 52-week low for 7 weeks, 5% above that low, but not back above a rising 50-day average.

SwingsCalm

Calmer than 85% of stocks we rank over the past year (volatility 24% a year).

How this is worked out

The MoatMap Score weighs the business, its price and its trend. The price check reads only the chart: the price side of the Momentum score, in words.

The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
VND 13,900
RSI (14)
33.3
52-Week Range-27.8% from high
Low VND 13,250High VND 19,250

SCORE BREAKDOWN

Quality
68
ROIC
22.6%96.0
ROE
23.3%94.6
GP/Assets
10.0%76.2
Op. Margin
39.9%59.5
FCF/Assets
1.7%38.7
Piotroski
660.8
Int. Cover
4.0x46.5
D/E Ratio
0.50x67.5
Current Ratio
1.01x33.1
Value
55
P/E (TTM)
5.3x91.3
EV/EBITDA
8.5x83.4
P/FCF
39.5x12.0
P/B
1.1x33.0
P/S
2.5x60.4
Div Yield
—N/A
Momentum
42
52W High %
72%34.7
RS 6M
-6%54.3
SMA 50/200
0.94x37.1
EPS Rev 4W
—N/A
EPS Rev 12W
—N/A
EPS Improve
—N/A
Q Growth
-2%39.8

FUNDAMENTALS

Market Cap
$686M
P/E (Forward)
—
Gross Margin
39.0%

SECTOR PEERS

Closest peers in Real Estate, ranked by industry match, size, and score similarity. Cross-listings of HAG.VN are excluded.

TickerCompanyMkt CapScore
HAG.VNHoang Anh Gia Lai Joint Stock Company(you)$686M70
VRE.VNVincom Retail Joint Stock Company$2.1B64
NVL.VNNo Va Land Investment Group Corporation$977M25
DXG.VNBluemarq Group Joint Stock Company$531M15
BCM.VNBecamex Investment and Industrial Development Group$1.5B16
AGG.VNAn Gia Real Estate Investment and Development Corporation$56M47
SCR.VNSai Gon Thuong Tin Real Estate Joint Stock Company$65M19
VPI.VNVan Phu Real Estate Development Joint Stock Company$846M62
SIP.VNSai Gon VRG Investment Corporation$476M86
SJS.VNSJ Group Joint Stock Company$644M92

Peer medians: ROE 6.6% · P/E 20.0x · Gross margin 44.4%

Company Deep Dive

A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.

Request Deep Dive(50 Feathers)

Hoang Anh Gia Lai Joint Stock Company (HAG.VN): Stock Score Summary

Hoang Anh Gia Lai Joint Stock Company (HAG.VN) has a MoatMap Score of 70/100 based on Quality (68/100), Value (55/100), and Momentum (42/100) factor scores.

Hoang Anh Gia Lai Joint Stock Company, together with its subsidiaries, engages in the agriculture business in Vietnam, Laos, Cambodia, and internationally. It operates through Production, Trading and Services, Construction, and Agriculture segments.

Key Financial Metrics

PriceVND 13,900
Market Cap$686M
P/E (TTM)5.33
Price/Book1.08
Return on Equity23.3%
Return on Invested Capital22.6%
Debt/Equity0.50x
Gross Margin39.0%
Operating Margin39.9%
Revenue Growth0.7%
Free Cash Flow$17M

Hoang Anh Gia Lai Joint Stock Company operates in the Real Estate - Diversified industry, part of the Real Estate sector (Vietnam).

Frequently Asked Questions

What is Hoang Anh Gia Lai Joint Stock Company’s (HAG.VN) MoatMap Score?
The MoatMap Score for Hoang Anh Gia Lai Joint Stock Company (HAG.VN) is 70/100. It is a composite of Quality (68), Value (55), and Momentum (42), each scored against its sector. The composite is then ranked across MoatMap’s universe of 25,000+ stocks.
Does Hoang Anh Gia Lai Joint Stock Company have an economic moat?
Hoang Anh Gia Lai Joint Stock Company (HAG.VN) has a Quality factor score of 68/100. Quality blends several measures of profitability and financial strength, led by gross profit to assets, return on invested capital and free cash flow to assets. A high score describes the financial record a durable advantage tends to leave; it does not prove a moat.
What sector is Hoang Anh Gia Lai Joint Stock Company in?
Hoang Anh Gia Lai Joint Stock Company (HAG.VN) operates in the Real Estate sector, specifically the Real Estate - Diversified industry (Vietnam).