中文

KDH

₫15,600
+0.00% 2026-09-15 · Close
AI Composite Signal
9.3 / 10
Very Bullish — 5-signal composite
Mkt Cap
21.9T
₫21.9T
P/E
12.4
P/B
1.1
ROE
8.5%
ROA
4.6%
EPS
1.6K
10-Session Avg Vol
4.5M
Price Chart
What matters now

KDH (KDH) is a company in Vietnam's Real Estate sector, listed on HOSE. The stock last traded at 15,600 VND, little changed on the session, giving a market capitalization of 21.9 trillion VND.

On valuation, KDH trades at a price-to-earnings ratio of 12.4 and a price-to-book of 1.1. That is a discount to the Real Estate sector average P/E of 66.2. Return on equity of 8.5% points to modest profitability relative to the company's equity base, below the sector average of 11.0%. Trailing earnings per share stand at 1,635 VND.

Aveluro tracks 127 news items mentioning KDH, where recent coverage skews positive (44% of articles). The most recent catalyst was a foreign flow event — "FTSE Upgrade: VPB Leads USD 240M ETF Inflow on September 18". Aveluro's composite model rates KDH 9.3/10 (Very Bullish), blending news sentiment, price momentum, and fundamentals.

Average daily volume over the past 10 sessions is roughly 4,480,267 shares. Comparable names in the Real Estate sector include AAV, AGG and API.

Latest catalyst

FTSE Upgrade: VPB Leads USD 240M ETF Inflow on September 18

Recent Developments

Recent developments around KDH include 5 notable classified events. On Sep 14, 2026, a market event was reported: FTSE Russell index-tracking ETFs are set to net-buy about USD 240 million across 27 Vietnamese stocks on September 18, with VPB drawing the largest single inflow at USD 32.8 million. On Sep 14, 2026, a market event was reported: SSB closed limit-up at VND 19,550 (+6.83%) on roughly 5.6 million shares after MarketVector added it as the sole new constituent to the Vietnam Local Index tracked by VanEck's VNM ETF, lifting market cap to about VND 67,815 billion. On Sep 14, 2026, a market event was reported: SSI Research estimates foreign ETFs will net buy about USD 240 million in the first FTSE upgrade disbursement, with VPBank (VPB) attracting the largest inflow at USD 32.82 million. On Sep 13, 2026, a market event was reported: SSI Research estimates foreign ETFs will net buy about $246 million during the September 18, 2026 restructuring tied to Vietnam's FTSE upgrade, with VPB drawing the largest inflow at roughly $33 million, ahead of VHM at $31 million and MCH at $22 million. On Sep 13, 2026, a macro policy event was reported: Ho Chi Minh City has formally directed BT and PPP project investors, including Khang Dien (KDH) on HOSE, to complete feasibility studies, construction designs and draft contracts under the PPP legal framework.

The overall tone of recent coverage is positive, with 3 of 5 events carrying bullish sentiment.

AI Signal Breakdown
Bearish Neutral Bullish
9.3 / 10
Very Bullish
Sentiment
+0.35
Impact
0.50
Momentum
+1.00
Fundamentals
+0.20
Volume
0.67
Sentiment 30% · Impact 20% · Momentum 20% · Fundamentals 15% · Volume 15%
News Sentiment
127
Articles Analyzed
Positive 56
Negative 41
Mixed 18
Neutral 12
Recent News
Sep 14, 2026 Full Analysis Positive foreign flow
FTSE Russell index-tracking ETFs are set to net-buy about USD 240 million across 27 Vietnamese stocks on September 18, with VPB drawing the largest single inflow at USD 32.8 million. The buying precedes Vietnam's official upgrade to secondary emerging market status on September 21, the first of four tranches running through September 2027.
Sep 14, 2026 Full Analysis Mixed sector sentiment
SSB closed limit-up at VND 19,550 (+6.83%) on roughly 5.6 million shares after MarketVector added it as the sole new constituent to the Vietnam Local Index tracked by VanEck's VNM ETF, lifting market cap to about VND 67,815 billion. The same session saw Gelex-group names GEX, GEE, GEL, VGC and EIB drop 4.76% to 6.94% as the VN-Index lost 6.98 points to 1,788.23.
Sep 14, 2026 Full Analysis Positive foreign flow
SSI Research estimates foreign ETFs will net buy about USD 240 million in the first FTSE upgrade disbursement, with VPBank (VPB) attracting the largest inflow at USD 32.82 million. Total passive inflows from the upgrade could reach roughly USD 2.28 billion across four tranches, while Vingroup (VIC) faces the biggest outflows at USD 28.06 million.
Sep 13, 2026 Full Analysis Positive foreign flow
SSI Research estimates foreign ETFs will net buy about $246 million during the September 18, 2026 restructuring tied to Vietnam's FTSE upgrade, with VPB drawing the largest inflow at roughly $33 million, ahead of VHM at $31 million and MCH at $22 million. VIC sits on the other side, facing an estimated $28 million of net selling as Xtrackers cuts its weight from 31.6% to 15%.
Sep 13, 2026 Full Analysis Neutral macro policy
Ho Chi Minh City has formally directed BT and PPP project investors, including Khang Dien (KDH) on HOSE, to complete feasibility studies, construction designs and draft contracts under the PPP legal framework. The city also tied land-bank payments to verified legal status, tightening the terms under which developers can be compensated.
Sep 11, 2026 Full Analysis Mixed foreign flow
MarketVector's Q3 2026 review adds SeABank (SSB) to the roughly USD 520M VNM ETF and removes CEO, with the fund expected to buy about 13.2 million SSB shares plus HPG and VPL, while selling VIC and SSI into the September 18 close. FTSE Russell separately added MCH, TCX and VPL to its Vietnam Index and removed 21 names, a shift tied to Vietnam's upgrade to Secondary Emerging market status.
Sep 11, 2026 Full Analysis Negative sector sentiment
Vingroup (VIC) closed down 1.78% as a broad sell-off drove the VN-Index 34.02 points lower to 1,795.21, breaking the 1,800 psychological support. Some 131 HoSE stocks fell 2% or more, accounting for 54.3% of matched value, with afternoon liquidity up 41% to VND 8,928 billion.
Sep 09, 2026 Full Analysis Positive foreign flow
VCB is set to receive the largest net buying, about USD 30.7 million, during the September 14-18, 2026 ETF rebalancing week, combining FTSE GEIS index flows and Fubon Vietnam ETF reallocation. This dual inflow supports VCB's price, while KBC, VCI, KDH, and VND face selling pressure as Fubon exits positions.
Sep 08, 2026 Full Analysis Negative sector sentiment
KDH and other developers face a market paradox: liquidity is falling sharply while primary prices remain elevated. In July, absorption rates in HCMC dropped to 16% for apartments and 2% for landed property, forcing developers to rely on financial incentives rather than price cuts.
Sep 07, 2026 Full Analysis Positive earnings beat
Novaland (NVL) reported H1 2026 after-tax profit of VND 1,772 billion, nearly VND 10 billion per day, achieving 96% of its annual plan despite modest revenue. Khang Dien (KDH) posted a 277% jump in Q2 profit, though driven by financial income.
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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: 2026-09-15T16:22:49Z.