CTS Stock Splits - VietinBank Securities JSC

Price: 39 450 VND 0.25%

Market Cap: 5.9T VND

The company executed a 592-for-471 stock split, meaning that for every 471 shares held, investors received 592 new shares.

Before the split, CTS traded at 24000.0068 per share. Afterward, the share price was about 19800.

The adjusted shares began trading on Aug 24, 2022. This was CTS's 6th stock split, following the previous one in Mar 28, 2022.

Aug 24, 2022

592-for-471

Mar 28, 2022

27-for-25

Sep 7, 2018

109-for-100

Aug 8, 2017

27-for-25

Jul 14, 2016

27-for-25

Pre-Split Price

24 000.0068

Post-Split Price

19 800

Adjust Price

Aug 24, 2022

592-for-471

Mar 28, 2022

27-for-25

Sep 7, 2018

109-for-100

Aug 8, 2017

27-for-25

Jul 14, 2016

27-for-25

VietinBank Securities JSC
Stock Splits History

Logarithmic

Aug 24, 2022

Split 592-for-471

x1.2569002123142

Pre-Split Price

19 094.6

Post-Split Price

19 800

Adjust Price

Mar 28, 2022

Split 27-for-25

x1.08

Pre-Split Price

27 330.6

Post-Split Price

26 772.2

Adjust Price

Sep 7, 2018

Split 109-for-100

x1.09

Pre-Split Price

5 879.1284

Post-Split Price

6 089.3239

Adjust Price

Aug 8, 2017

Split 27-for-25

x1.08

Pre-Split Price

6 699.9124

Post-Split Price

6 836.8125

Adjust Price

Jul 14, 2016

Split 27-for-25

x1.08

Pre-Split Price

3 284.2812

Post-Split Price

3 300.6669

Adjust Price

Sep 28, 2015

Split 53-for-50

x1.06

Pre-Split Price

3 356.5193

Post-Split Price

3 375.4598

Adjust Price

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Date	Company		Split	Pre-Split Price	Post-Split Price
Apr 1, 2025	I	Icon Energy Corp NASDAQ:ICON ICON Valuation & Fundamental Analysis Stock Splits Performance Benchmark	1-for-40 /40	0.0478 1.912 USD	1.79 1.79 USD
Apr 1, 2025	V	Vortex Energy Corp CNSX:VRTX VRTX Valuation & Fundamental Analysis Stock Splits Performance Benchmark	1-for-10 /10	0.075 0.075 CAD	0.11 0.11 CAD
Apr 1, 2025	R	Resource Centrix Holdings Inc CNSX:RECE RECE Valuation & Fundamental Analysis Stock Splits Performance Benchmark	10-for-1 x10	2.4 0.24 CAD	0.24 0.24 CAD
Apr 1, 2025	V	Vortex Energy Corp OTC:VTECF VTECF Valuation & Fundamental Analysis Stock Splits Performance Benchmark	1-for-10 /10	0.05 0.5 USD	0.0378 0.0378 USD
Mar 31, 2025		Utime Ltd NASDAQ:WTO WTO Valuation & Fundamental Analysis Stock Splits Performance Benchmark	1-for-10 /10	0.151 1.51 USD	1.58 1.58 USD

VietinBank Securities JSC
Glance View

Market Cap

5.9T VND

Industry

Financial Services

VietinBank Securities JSC engages in the provision of securities services. The company is headquartered in Hanoi, Hanoi and currently employs 238 full-time employees. The company went IPO on 2017-06-20. The company offers securities brokerage services and trades securities. The firm also provides underwriting services and securities custody services, as well as investment advice. In addition, it offers other financial services for corporate clients, such as consultancy on equitizations, equity offerings, stock listings, financial restructurings, mergers and acquisitions (M&A), divestitures and dissolutions.

View CTS Analysis

CTS Intrinsic Value

What is Intrinsic Value?

Economic Moat is a concept popularized by Warren Buffett to describe a company's durable competitive advantage. It represents the 'moat' that protects a company from competitors and helps it sustain profitability over the long term. Our analysis of the past 10 years showed that companies with a wide economic moat significantly outperformed the market, delivering +645% returns compared to +189% for the S&P 500.

Our research into Economic Moat performance spans the past 10 years and focuses on companies with a wide economic moat. For this analysis, we calculated the average stock price returns of these companies, comparing them to the performance of the S&P 500 index over the same period.

The results were compelling: wide moat stocks achieved a remarkable +645% average return, compared to +188% for the broader market. This difference highlights the long-term benefits of investing in businesses that can maintain their market position and pricing power over time.

Note: This research does not account for survivorship bias. Past performance is not indicative of future results.

Determining whether a company has an economic moat requires both a deep dive into financial metrics and a qualitative assessment of its competitive position. Our analysts conduct a rigorous evaluation that focuses on identifying structural advantages that enable a company to sustain profitability and defend its market share over the long term.

The process begins with an analysis of a company’s historical financial performance. We assess how consistently the company has generated returns above its cost of capital and whether those returns have been stable or improving. However, financial performance alone doesn’t reveal the full picture. To understand the sources of these advantages, we evaluate five key drivers of economic moats:

Network Effect: We analyze whether the value of a company’s product or service grows as its user base expands. Platforms like payment systems or marketplaces benefit from this self-reinforcing.

Switching Costs: We assess whether customers face significant costs or disruptions when switching to a competitor’s product or service. High switching costs create customer stickiness and provide pricing power.

Intangible Assets: Strong brands, patents, and regulatory licenses can protect a company’s market position by creating barriers for competitors or enabling premium pricing. For example, a well-recognized consumer brand may command higher customer loyalty and margins.

Efficient scale: Occurs when a market is optimally served by one or a few players, making it unprofitable for new entrants to compete. This typically happens in industries with high fixed costs or geographic constraints, such as utilities or pipelines.

Cost Advantage: Companies with structural cost advantages can produce goods or services at a lower cost than their competitors, enabling them to offer competitive pricing or maintain higher margins. These advantages often arise from economies of scale, superior supply chain management, or proprietary technology. Firms like Walmart leverage their massive scale to negotiate better terms with suppliers, allowing them to undercut competitors on price.

By examining these factors in combination with a company’s financial performance and market positioning, we classify each company into one of three categories:

This rigorous evaluation ensures that our moat ratings are both comprehensive and reliable, giving investors the tools they need to make well-informed, long-term decisions.

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VietinBank Securities JSC
VN:CTS

CTS's latest stock split occurred on Aug 24, 2022

VietinBank Securities JSC
Stock Splits History

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52 Week Range	32 450 45 750
Price Target

VietinBank Securities JSC VN:CTS

CTS's latest stock split occurred on Aug 24, 2022

VietinBank Securities JSC Stock Splits History

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VietinBank Securities JSC
VN:CTS

VietinBank Securities JSC
Stock Splits History

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VietinBank Securities JSC
Glance View