Company Insight

FPT Digital Retail JSC is one of the leading ICT retailers in Vietnam. Besides, the Long Chau pharmacy chain of FRT has quickly become a familiar pharmaceutical retail brand, leading the market with nearly 1,600 pharmacies across the country.

In 2024, we forecast that FRT's business results will improve clearly thanks to the gradual recovery of ICT purchasing power from Q4.2023, along the positive profit growth of Long Chau pharmacy chain. Based on FCFF and P/S methods, we update target price of FRT to VND 119,400.