中文

Masan High-Tech Materials

₫61,200
+0.00% 2026-10-30 · Close
AI Composite Signal
6.3 / 10
Neutral — 5-signal composite
Mkt Cap
40.3T
₫40.3T
P/E
51.9
P/B
3.2
ROE
6.0%
ROA
2.7%
EPS
700
10-Session Avg Vol
1.7M
Price Chart
What matters now

Masan High-Tech Materials (MSR) is a company in Vietnam's Basic Resources sector, listed on UPCOM. The stock last traded at 61,200 VND, little changed on the session, giving a market capitalization of 40.3 trillion VND.

On valuation, MSR trades at a price-to-earnings ratio of 51.9 and a price-to-book of 3.2. That is a premium to the Basic Resources sector average P/E of 13.4. Return on equity of 6.0% points to modest profitability relative to the company's equity base, above the sector average of -3.8%. Trailing earnings per share stand at 700 VND.

Aveluro tracks 211 news items mentioning MSR, where recent coverage skews positive (51% of articles). The most recent catalyst was a foreign flow event — "VIC Leads Foreign Net Selling as VN-Index Slips to 1,741.62". Aveluro's composite model rates MSR 6.3/10 (Neutral), blending news sentiment, price momentum, and fundamentals.

Average daily volume over the past 10 sessions is roughly 1,688,900 shares. Comparable names in the Basic Resources sector include AAH, ACG and ACM.

Latest catalyst

VIC Leads Foreign Net Selling as VN-Index Slips to 1,741.62

Recent Developments

Recent developments around Masan High-Tech Materials include 5 notable classified events. On Oct 30, 2026, a market event was reported: Foreign investors net sold VND 633.74B on HOSE on 30 October, with Vingroup (VIC) alone accounting for VND 353.68B of the outflow at a close of VND 241,000. On Oct 29, 2026, a market event was reported: Foreign investors net sold roughly VND 430 billion across Vietnam's market on October 29, with HoSE alone at VND 459 billion net selling as the VN-Index fell 11 points to 1,756. On Oct 29, 2026, a market event was reported: Masan High-Tech Materials (MSR) closed a 4.99% stake sale to US-based Elmet Group for $124.75 million and signed an 8-year supply and processing agreement covering roughly 1,250 tonnes of WO3-equivalent product annually, worth about $1.5 billion at signing-date prices. On Oct 28, 2026, a market event was reported: Foreign investors net sold roughly VND 252 billion across Vietnamese equities on October 28, with FPT accounting for the single largest outflow at VND 260 billion on HOSE. On Oct 28, 2026, an earnings beat was reported: Masan Group (MSN) delivered 9M2026 NPAT pre-MI of VND10,325 billion, up 131.1% year on year and already above its adjusted full-year target of VND10,000 billion, roughly 1.5x all of 2025.

The overall tone of recent coverage is negative, with 3 of 5 events carrying bearish sentiment.

AI Signal Breakdown
Bearish Neutral Bullish
6.3 / 10
Neutral
Sentiment
+0.25
Impact
0.54
Momentum
-0.38
Fundamentals
-0.30
Volume
0.38
Sentiment 30% · Impact 20% · Momentum 20% · Fundamentals 15% · Volume 15%
News Sentiment
211
Articles Analyzed
Positive 108
Negative 76
Neutral 15
Mixed 12
Recent News
Oct 30, 2026 Full Analysis Negative foreign flow
Foreign investors net sold VND 633.74B on HOSE on 30 October, with Vingroup (VIC) alone accounting for VND 353.68B of the outflow at a close of VND 241,000. VN-Index fell 0.8% to 1,741.62 and HNX-Index dropped 1.51% to 252.74, with materials and industrials leading declines while utilities rose.
Oct 29, 2026 Full Analysis Negative foreign flow
Foreign investors net sold roughly VND 430 billion across Vietnam's market on October 29, with HoSE alone at VND 459 billion net selling as the VN-Index fell 11 points to 1,756. VPBank (VPB) led net buying at about VND 83 billion, followed by HPG at VND 63 billion, while TCB and FPT absorbed the heaviest outflows near VND 118 billion and VND 115 billion.
Oct 29, 2026 Full Analysis Positive strategic partnership
Masan High-Tech Materials (MSR) closed a 4.99% stake sale to US-based Elmet Group for $124.75 million and signed an 8-year supply and processing agreement covering roughly 1,250 tonnes of WO3-equivalent product annually, worth about $1.5 billion at signing-date prices. A separate long-term deal with Korea's GB Innovation routes Korean tungsten concentrate to Thái Nguyên for refining.
Oct 28, 2026 Full Analysis Negative foreign flow
Foreign investors net sold roughly VND 252 billion across Vietnamese equities on October 28, with FPT accounting for the single largest outflow at VND 260 billion on HOSE. TCB, MSN and VCB attracted net buying of VND 172 billion, VND 90 billion and VND 78 billion respectively, even as the VN-Index closed up near 1,766 points.
Oct 28, 2026 Full Analysis Positive earnings beat
Masan Group (MSN) delivered 9M2026 NPAT pre-MI of VND10,325 billion, up 131.1% year on year and already above its adjusted full-year target of VND10,000 billion, roughly 1.5x all of 2025. Consolidated revenue rose 52.7% to VND89,118 billion, with EBITDA up 59.4% to VND19,451 billion as consumer-retail margins widened and tungsten prices stayed favorable.
Oct 28, 2026 Full Analysis Positive earnings beat
Masan (MSN) booked 9M2026 NPAT pre-MI of VND10,325 billion, up 131.1% year on year and already above its revised VND10,000 billion full-year base plan. Q3 consumer-retail revenue and profit each grew more than 18%, and HSC lifted its MSN target price 20% to VND136,600 on the MSR and retail outlook.
Oct 26, 2026 Full Analysis Positive guidance raise
Masan High-Tech Materials (MSR) is guiding to 8,000 tonnes of tungsten output in 2027, roughly 33% above current ~6,000 tonnes, with a long-term ambition of 10,000 tonnes. Management says 2027 orders are nearly fully booked and points to a US$1.5bn gross-revenue Elmet supply agreement, even as APT prices soften.
Oct 26, 2026 Full Analysis Neutral leadership change
Masan High-Tech Materials (MSR) has appointed Michael Hung Nguyen as CEO and legal representative for a five-year term from 21/10/2026, replacing Michael Richard Lister Glover. The UPCoM-listed miner also set a 20% cash dividend advance of VND2,000 per share, with record date 2/11/2026, part of a planned 60% payout for 2026.
Oct 24, 2026 Full Analysis Positive dividend announcement
Masan High-Tech Materials (MSR) sets an October 30 ex-date for a 20% cash dividend advance worth roughly VND 2,210B, part of a 60% total 2026 payout. Techcombank (TCB) follows on October 29 with a 50% stock dividend of 3.54 billion shares, lifting charter capital to about VND 106,294B.
Oct 22, 2026 Full Analysis Positive earnings beat
Masan High-Tech Materials (MSR) reported Q3/2026 pre-tax profit of VND 2,270 billion, up 16,469% year-on-year, roughly 166 times the prior-year base. Nine-month pre-tax profit reached VND 4,599 billion versus a VND 184 billion loss a year earlier, a swing driven by the tungsten and advanced materials platform rather than a one-off line item.
Oct 22, 2026 Full Analysis Positive earnings beat
Masan High-Tech Materials (MSR) reported Q3/2026 after-tax profit of VND 2,148 billion, 416 times the prior-year quarter, on net revenue of VND 14,557 billion (+613% YoY). Tungsten accounted for 93% of 9M2026 revenue, which reached VND 25,687 billion and swung pre-tax profit to VND 4,599 billion from a VND 184 billion loss a year earlier.
Oct 21, 2026 Full Analysis Positive leadership change
Masan High-Tech Materials (MSR) has appointed Michael Hung Nguyen, currently deputy CEO of parent Masan Group (MSN), as its new CEO while he retains the vice-chairman seat. He is tasked with driving the tungsten producer's planned move from UPCoM to HoSE and deepening international partner and capital access, against H1 revenue of about USD 423M and net profit of about USD 83M.
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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: 2026-10-30T20:51:29Z.