TET
TET (TET) is a company in Vietnam's Personal & Household Goods sector, listed on HNX. The stock last traded at 50,000 VND, little changed on the session, giving a market capitalization of 2.8 trillion VND.
On valuation, TET trades at a price-to-earnings ratio of 272.6 and a price-to-book of 23.2. That is a premium to the Personal & Household Goods sector average P/E of 16.9. Return on equity of 8.5% points to modest profitability relative to the company's equity base, below the sector average of 24.4%. Trailing earnings per share stand at 165 VND.
Aveluro tracks 9 news items mentioning TET. The most recent catalyst was a leadership change event — "TET and FCC: 50-Year-Old Listed Firms Pivot to Real Estate Under Chairman Nguyen Vinh Phuc". Aveluro's composite model rates TET 5.3/10 (Neutral), blending news sentiment, price momentum, and fundamentals.
Comparable names in the Personal & Household Goods sector include A32, AAT and ADS.
TET and FCC: 50-Year-Old Listed Firms Pivot to Real Estate Under Chairman Nguyen Vinh Phuc
Recent developments around TET include 5 notable classified events. On Sep 26, 2026, a leadership change was reported: TET, the 69-year-old Textaco, sold 56.5 million shares at VND 20,000 each to F1 Housing, handing the new investor 84.15% control and a rename to Pristie Real Estate, with two Hanoi projects budgeted above VND 5,660 billion. On Sep 25, 2026, a market event was reported: Pristie Real Estate (TET, HNX) sold 56.5 million shares at VND 20,000 each to raise VND 1,130 billion, lifting charter capital from VND 57 billion to VND 622 billion. On Sep 25, 2026, a market event was reported: TET, the HNX-listed former Textaco, has approved ending garment production at 79 Lac Trung Street in Hanoi to develop the Pristie Lac Trung premium housing complex. On Sep 24, 2026, a market event was reported: TET, the 69-year-old northern textile producer, raised VND 1,130B through a private placement at VND 20,000 per share, lifting charter capital nearly elevenfold to VND 622B. On Sep 11, 2026, a market event was reported: Pristie Real Estate (HNX: TET), formerly garment maker Textaco, issued 56.5 million shares at VND 20,000 to raise VND 1,119 billion, with F1 Housing acquiring an 84.15% controlling stake.
The overall tone of recent coverage is positive, with 1 of 5 events carrying bullish sentiment.
By Aveluro Research Team · Editorial policy · Caveat: Not investment advice. · How Aveluro computed this