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APG

₫3,960
+0.00% 2026-10-31 · Close
AI Composite Signal
4.1 / 10
Neutral — 5-signal composite
Mkt Cap
1.1T
₫1.1T
P/E
354.1
P/B
0.5
ROE
0.1%
ROA
0.1%
EPS
14
Price Chart
What matters now

APG (APG) is a company in Vietnam's Financial Services sector, listed on HOSE. The stock last traded at 3,960 VND, little changed on the session, giving a market capitalization of 1.1 trillion VND.

On valuation, APG trades at a price-to-earnings ratio of 354.1 and a price-to-book of 0.5. That is a premium to the Financial Services sector average P/E of 32.2. Return on equity of 0.1% points to weak profitability relative to the company's equity base, below the sector average of 6.4%. Trailing earnings per share stand at 14 VND.

Aveluro tracks 21 news items mentioning APG, where recent coverage skews negative (76% of articles). The most recent catalyst was an earnings miss event — "APG Securities Posts VND 108B Q3 Loss as KOS Bet Collapses 83%". Aveluro's composite model rates APG 4.1/10 (Neutral), blending news sentiment, price momentum, and fundamentals.

Comparable names in the Financial Services sector include AAS, ABW and AGR.

Latest catalyst

APG Securities Posts VND 108B Q3 Loss as KOS Bet Collapses 83%

Recent Developments

Recent developments around APG include 5 notable classified events. On Oct 24, 2026, an earnings miss was reported: APG Securities booked a VND 108B after-tax loss in Q3/2026 versus a VND 19B profit a year earlier, after a VND 119B FVTPL revaluation hit on a listed portfolio entirely concentrated in KOS. On Oct 23, 2026, an earnings miss was reported: APG Securities swung to a VND 108B pre-tax loss in Q3/2026 from a VND 20B profit a year earlier, the deepest loss among Vietnamese brokers reporting so far. On Oct 20, 2026, an earnings beat was reported: Techcombank (TCB) delivered a record quarterly pre-tax profit of VND10,375 billion in Q3/2026, up 26% year on year, lifting nine-month earnings to VND28,915 billion. On Oct 19, 2026, a market event was reported: Vietnam's securities sector index is down 23.46% year-to-date against a 2.77% fall in the VN-Index, with roughly 80% of 43 listed brokers more than 20% below recent peaks. On Oct 12, 2026, a market event was reported: Roughly 80% of Vietnam's 43 listed securities stocks have fallen more than 20% from recent peaks, with APG down 62%, VDS and CSI each down 51%, and SHS and VIX down 45%.

The overall tone of recent coverage is negative, with 4 of 5 events carrying bearish sentiment.

AI Signal Breakdown
Bearish Neutral Bullish
4.1 / 10
Neutral
Sentiment
-1.00
Impact
1.00
Momentum
-0.29
Fundamentals
-0.60
Volume
0.36
Sentiment 30% · Impact 20% · Momentum 20% · Fundamentals 15% · Volume 15%
News Sentiment
21
Articles Analyzed
Negative 16
Neutral 2
Positive 2
Mixed 1
Recent News
Oct 24, 2026 Full Analysis Negative earnings miss
APG Securities booked a VND 108B after-tax loss in Q3/2026 versus a VND 19B profit a year earlier, after a VND 119B FVTPL revaluation hit on a listed portfolio entirely concentrated in KOS. KOS has fallen 83% across 25 consecutive floor sessions, cutting APG's VND 227B position to a VND 100B fair value.
Oct 23, 2026 Full Analysis Negative earnings miss
APG Securities swung to a VND 108B pre-tax loss in Q3/2026 from a VND 20B profit a year earlier, the deepest loss among Vietnamese brokers reporting so far. A VND 119B hit on its FVTPL book and a 93% collapse in FVTPL income drove the reversal, pushing nine-month results to a VND 105B loss against a full-year profit target of VND 20B.
Oct 20, 2026 Full Analysis Mixed earnings beat
Techcombank (TCB) delivered a record quarterly pre-tax profit of VND10,375 billion in Q3/2026, up 26% year on year, lifting nine-month earnings to VND28,915 billion. The same reporting batch showed sharp divergence across securities firms, with APG swinging to a VND108 billion quarterly loss while HD Securities profit tripled.
Oct 19, 2026 Full Analysis Negative sector sentiment
Vietnam's securities sector index is down 23.46% year-to-date against a 2.77% fall in the VN-Index, with roughly 80% of 43 listed brokers more than 20% below recent peaks. APG leads losses at 61.44%, while only ABW, HCM, VUA and HAC are positive.
Oct 12, 2026 Full Analysis Negative sector sentiment
Roughly 80% of Vietnam's 43 listed securities stocks have fallen more than 20% from recent peaks, with APG down 62%, VDS and CSI each down 51%, and SHS and VIX down 45%. VPBankS forecasts SSI's Q3/2026 net profit at VND 1,131B, a 23.4% year-on-year decline, as brokerage revenue faces a high base from Q3/2025.
Oct 05, 2026 Full Analysis Negative regulation change
HoSE has excluded 65 tickers from margin trading for Q4/2026, among them Vietnam Airlines (HVN), Duc Giang Chemicals (DGC), APG, Bảo Minh (BMI), Bản Việt Bank (BVB), Đức Long Gia Lai (DLG), DRH Holdings, Điện Quang (DQC) and GIL. The list is driven by losses, qualified audit opinions, warning or control status, and listings younger than six months, not by a single sector-wide event.
Sep 17, 2026 Full Analysis Negative leadership change
APG Securities Deputy CEO Nguyen Thanh Lam has resigned effective 18 September 2026, citing personal reasons, roughly five months after taking the role. The exit follows the board's 11 September cancellation of a VND 550B private placement of 50 million shares at VND 11,000 each, leaving the HOSE-listed broker's capital plan and leadership bench in flux.
Sep 13, 2026 Full Analysis Negative capital raise
APG Securities cancelled a VND 550 billion private placement of 50 million shares at VND 11,000 each just over a month after the board approved it. The HOSE-listed broker's shares closed at VND 4,650, roughly 58% below the offer price, while H1 2026 pre-tax profit of VND 2.8 billion met only 14% of the full-year plan.
Sep 13, 2026 Full Analysis Negative regulation change
HOSE added Pha Le Plastics (PLP) to its margin-trading ineligibility list after the company failed to publish reviewed H1 2026 financial statements, lifting the total to 73 tickers. The list spans newly listed names such as AAN, BVB and DMX, plus stocks with qualified audit opinions and those under control or warning status.
Sep 13, 2026 Full Analysis Negative regulation change
HOSE added PLP to its list of stocks ineligible for margin trading after the company failed to publish reviewed H1 2026 financial statements, bringing the total to 73 tickers. The list now spans 28 warning-status names, 4 control-status names and 9 newly listed stocks, restricting leverage demand across securities, banking and real estate.
Sep 12, 2026 Full Analysis Negative capital raise
APG Securities cancelled a VND 550 billion private placement of 50 million shares at VND 11,000 each, originally earmarked for debt restructuring and proprietary trading. The company gave no reason, leaving its capital base and 2026 profit target of VND 20 billion in question.
Aug 07, 2026 Full Analysis Negative regulation change
HOSE has expanded its margin-ineligible list to 57 securities, including Vietnam Airlines (HVN), Duc Giang Chemicals (DGC), and newly listed DMX. Investors cannot use leverage to buy these shares, potentially reducing liquidity and adding selling pressure in the short term.
Aug 06, 2026 Full Analysis Negative regulation change
HOSE removed margin trading eligibility for 56 stocks as of August 5, 2026, including APG, DGC, HVN, and LDG. Most are under warning, control, restriction, or suspension; others have been listed less than six months or reported losses.
Aug 04, 2026 Full Analysis Negative regulation change
HOSE removed 57 stocks from margin trading eligibility for August, including APG, APH, BCG, DGC, HVN, LDG, OGC, NVT, PTL, TDH, TLH, and TMT, while TIX was reinstated after resolving its audit qualification. Investors cannot use leverage to buy these tickers, which may reduce liquidity and pressure prices in the short term.
Jul 27, 2026 Full Analysis Neutral capital raise
APG plans to raise VND 550B via a private placement of 50 million shares at VND 11,000 each, with proceeds used for debt restructuring and business operations. VIX, HSC, BMS, and SSI also announced capital increases through share issuances.
Related Stocks — Financial Services
Stock Analysis

By Aveluro Research Team · Editorial policy · Caveat: Not investment advice. · How Aveluro computed this

Information provided for educational purposes only. Past performance does not guarantee future results. Data sourced from public Vietnamese market feeds.

Last updated: 2026-10-31T09:48:54Z.