IPA
IPA (IPA) is a company in Vietnam's Industrial Goods & Services sector, listed on HNX. The stock last traded at 12,000 VND, little changed on the session, giving a market capitalization of 3.4 trillion VND.
On valuation, IPA trades at a price-to-earnings ratio of 5.8 and a price-to-book of 0.7. That is a discount to the Industrial Goods & Services sector average P/E of 14.3. Return on equity of 11.6% points to modest profitability relative to the company's equity base, below the sector average of 14.3%. Trailing earnings per share stand at 2,707 VND.
Aveluro tracks 7 news items mentioning IPA, where recent coverage skews positive (57% of articles). The most recent catalyst was a m a announcement event — "IPA Acquires IPA Living, Completes 15% Bonus Issue as H1 Profit Jumps 57%". Aveluro's composite model rates IPA 6.5/10 (Bullish), blending news sentiment, price momentum, and fundamentals.
Comparable names in the Industrial Goods & Services sector include ABR, ACV and ALC.
IPA Acquires IPA Living, Completes 15% Bonus Issue as H1 Profit Jumps 57%
Recent developments around IPA include 5 notable classified events. On Sep 17, 2026, a market event was reported: IPA's board approved the acquisition of shares in IPA Living, making it a parent company, while the group completed a 15% bonus share issuance that lifted charter capital to over VND 2,459 billion. On Sep 01, 2026, an earnings miss was reported: Bac Ha Energy, an 89.81%-owned subsidiary of IPA, posted H1 2026 net profit of nearly VND 26.7 billion, down 12.5% year-on-year. On Aug 11, 2026, a market event was reported: IPA (HNX) will issue nearly 32.1 million bonus shares at a 15:100 ratio, with a record date of August 24, 2026, raising charter capital to over VND 2,459 billion. On Jul 27, 2026, a market event was reported: IPA (HNX) plans to issue 32.08 million bonus shares at a 100:15 ratio, raising charter capital from VND 2,138.4B to VND 2,459.1B, funded from retained earnings. On Jun 10, 2026, a market event was reported: IPA (HNX) was fined VND 65 million by the State Securities Commission for technical bond disclosure deficiencies, including incomplete reporting on fund usage and delayed periodic disclosures.
The overall tone of recent coverage is positive, with 3 of 5 events carrying bullish sentiment.
By Aveluro Research Team · Editorial policy · Caveat: Not investment advice. · How Aveluro computed this