Company Insight

Mobile World Investment Corporation (HSX: MWG) is a leading retailer in Vietnam, offering an ecosystem that meets the diverse needs of customers. MWG maintains its position as the No. 1 mobile phone & electronics retailer in Vietnam (accounting for more than 50% of the total market); to be the consumer goods retailer, with the largest grocery store chain nationwide.

In 1H2026, MWG delivered strong financial results, with net revenue exceeding VND 95 trillion (+29% YoY) and net profit after tax reaching VND 6.1 trillion (+90% YoY), primarily driven by robust growth at the Dien May Xanh and Bach Hoa Xanh chains. The company's earnings outlook remains positive, supported by a recovery in consumer spending and continued improvements in operating efficiency. Based on FCFF and PS methods, we update the current target price at VND 107,300 – equivalent to the BUY recommendation with MWG ticker