Company Insight

BUY maintained for such a competent Technology company

We maintain our BUY rating for FPT Corp.(FPTVN) from ourprevious flash-note on January 20, 2021 thanks to: 1) FPT’s probably over-expected earnings results in 2021, 2) boundless potential of Digital Transformation segment, 3) massive investment of Telecom in the upcoming months, and 4) the current relatively inexpensive P/E of ~17.7x.