中文

DSE

₫22,000
+0.00% 2026-09-15 · Close
AI Composite Signal
7.6 / 10
Bullish — 5-signal composite
Mkt Cap
9.9T
₫9.9T
P/E
42.8
P/B
1.8
ROE
4.3%
ROA
1.5%
EPS
539
Price Chart
What matters now

DSE (DSE) is a company in Vietnam's Financial Services sector, listed on HOSE. The stock last traded at 22,000 VND, little changed on the session, giving a market capitalization of 9.9 trillion VND.

On valuation, DSE trades at a price-to-earnings ratio of 42.8 and a price-to-book of 1.8. That is a premium to the Financial Services sector average P/E of 31.3. Return on equity of 4.3% points to weak profitability relative to the company's equity base, below the sector average of 6.6%. Trailing earnings per share stand at 539 VND.

Aveluro tracks 9 news items mentioning DSE, where recent coverage skews positive (78% of articles). The most recent catalyst was a foreign flow event — "FTSE Russell Adds 17 Vietnam Securities Stocks, $161M Inflows Expected". Aveluro's composite model rates DSE 7.6/10 (Bullish), blending news sentiment, price momentum, and fundamentals.

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

Latest catalyst

FTSE Russell Adds 17 Vietnam Securities Stocks, $161M Inflows Expected

Recent Developments

Recent developments around DSE include 5 notable classified events. On Aug 22, 2026, a market event was reported: FTSE Russell added 17 Vietnamese securities stocks to its Global Equity Index Series, with 7 in Small Cap and 10 in Micro Cap. On May 14, 2026, a market event was reported: Vietnamese securities companies face rising risks from higher interest rates, including unrealized losses on corporate bonds, heavy reliance on short-term bank loans (88% of debt), and margin-to-equity ratios nearing the 200% regulatory cap at firms like HCM (195.4%) and MBS (177.6%). On May 09, 2026, a market event was reported: HCM and other Vietnamese securities firms plan to raise an additional 100 trillion VND in 2026, driven by regulatory changes, foreign ownership limits, and margin lending expansion. On Apr 19, 2026, an earnings beat was reported: HDS posted Q1 2026 pre-tax profit of VND 352 billion, a 260% year-on-year increase driven by a VND 358 billion gain from financial assets at fair value. On Apr 18, 2026, a market event was reported: Capella Group becomes a major shareholder in DNSE Securities (DSE) with a 9.8% stake after acquiring 42.075 million shares through a rights issue that raised VND 1,275 billion.

The overall tone of recent coverage is positive, with 4 of 5 events carrying bullish sentiment.

AI Signal Breakdown
Bearish Neutral Bullish
7.6 / 10
Bullish
Sentiment
+1.00
Impact
0.20
Momentum
-0.13
Fundamentals
-0.60
Volume
0.54
Sentiment 30% · Impact 20% · Momentum 20% · Fundamentals 15% · Volume 15%
News Sentiment
9
Articles Analyzed
Positive 7
Mixed 1
Negative 1
Recent News
Aug 22, 2026 Full Analysis Positive foreign flow
FTSE Russell added 17 Vietnamese securities stocks to its Global Equity Index Series, with 7 in Small Cap and 10 in Micro Cap. Estimated foreign inflows of $161.3 million are expected to flow into the seven Small Cap names over four tranches through September 2027, with SSI and VIX projected to attract the largest amounts.
May 14, 2026 Full Analysis Negative sector sentiment
Vietnamese securities companies face rising risks from higher interest rates, including unrealized losses on corporate bonds, heavy reliance on short-term bank loans (88% of debt), and margin-to-equity ratios nearing the 200% regulatory cap at firms like HCM (195.4%) and MBS (177.6%). The sector's total assets surged 48% to VND 904 trillion in 2025, driven by margin lending and equity raises.
May 09, 2026 Full Analysis Positive sector sentiment
HCM and other Vietnamese securities firms plan to raise an additional 100 trillion VND in 2026, driven by regulatory changes, foreign ownership limits, and margin lending expansion. Most firms forecast double-digit profit growth, with HCM targeting 56%, VPX 44%, and VCI 41%.
Apr 19, 2026 Full Analysis Positive earnings beat
HDS posted Q1 2026 pre-tax profit of VND 352 billion, a 260% year-on-year increase driven by a VND 358 billion gain from financial assets at fair value. DSE's profit fell 79% to VND 14 billion due to a 120% surge in operating costs, highlighting divergent performance within Vietnam's securities sector.
Apr 18, 2026 Full Analysis Positive stake change
Capella Group becomes a major shareholder in DNSE Securities (DSE) with a 9.8% stake after acquiring 42.075 million shares through a rights issue that raised VND 1,275 billion. The move signals strategic alignment between Capella and DNSE, with Capella's technology director joining the board.
Apr 17, 2026 Full Analysis Positive capital raise
VPS Securities (VCK) completed a VND 9,131B capital increase via a bonus share issuance, raising its charter capital to VND 24,349B. This is part of a broader VND 24,300B capital raise by four securities firms, including DSE, VCI, and OCBS, aimed at strengthening balance sheets in anticipation of Vietnam's potential reclassification by FTSE from Frontier to Secondary Emerging market.
Full Analysis Mixed sector sentiment
SSI remains Vietnam's largest listed securities firm by market cap, but its dominance was briefly challenged when TCX debuted at VND 113,139 billion on Oct 21, 2025. The sector's ranking has been reshuffled by new listings and falling liquidity, while the FTSE Russell upgrade effective Sept 21, 2026 is expected to bring passive inflows exceeding $1.5 billion.
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: 2026-09-15T16:22:45Z.