Development Investment Construction（DIG）株式概要デベロップメント・インベストメント・コンストラクション・ジョイント・ストック・コーポレーションは、その子会社とともにベトナムで不動産、建設、サービス事業に従事している。 詳細DIG ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長0/6過去の実績4/6財務の健全性6/6配当金0/6報酬過去1年間で収益は271.3%増加しました リスク分析過去5年間で収益は年間28.5%減少しました。 過去3か月間に大規模なインサイダー売却が発生 過去1年間で株主の希薄化が進んだ すべてのリスクチェックを見るDIG Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value₫Current Price₫12.35k400.8% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-77b5t2016201920222025202620282031Revenue ₫5.0tEarnings ₫721.5bAdvancedSet Fair ValueView all narrativesDevelopment Investment Construction Joint Stock Corporation 競合他社TascoSymbol: HNX:HUTMarket cap: ₫16.3tCoteccons ConstructionSymbol: HOSE:CTDMarket cap: ₫8.0tPC1 GroupSymbol: HOSE:PC1Market cap: ₫8.8tViettel ConstructionSymbol: HOSE:CTRMarket cap: ₫9.7t価格と性能株価の高値、安値、推移の概要Development Investment Construction過去の株価現在の株価₫12,350.0052週高値₫27,000.0052週安値₫12,350.00ベータ0.831ヶ月の変化-8.52%3ヶ月変化-14.53%1年変化-29.83%3年間の変化-37.81%5年間の変化-37.37%IPOからの変化5.02%最新ニュースRecent Insider Transactions • Jun 16Deputy Chairman of the Board recently sold ₫5.5b worth of stockOn the 9th of June, Huyen Thi Nguyen sold around 550k shares on-market at roughly ₫10,000 per share. This transaction amounted to 5.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Huyen Thi's only on-market trade for the last 12 months.Buy Or Sell Opportunity • Apr 08Now 27% overvaluedOver the last 90 days, the stock has fallen 15% to ₫14,450. The fair value is estimated to be ₫11,391, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 59%.お知らせ • Apr 01Development Investment Construction Joint Stock Corporation, Annual General Meeting, Apr 24, 2026Development Investment Construction Joint Stock Corporation, Annual General Meeting, Apr 24, 2026, at 13:00 SE Asia Standard Time. Location: head office of development investment construction, -jsc(15 thi sach, vu vang ward), hcmc VietnamNew Risk • Feb 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 35% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (23% increase in shares outstanding).Reported Earnings • Feb 02Full year 2025 earnings released: EPS: ₫1,002 (vs ₫177 in FY 2024)Full year 2025 results: EPS: ₫1,002 (up from ₫177 in FY 2024). Revenue: ₫4.73t (up 263% from FY 2024). Net income: ₫647.8b (up 466% from FY 2024). Profit margin: 14% (up from 8.8% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 30Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: ₫1.34t (up ₫1.29t from 3Q 2024). Net income: ₫211.5b (up ₫204.4b from 3Q 2024). Profit margin: 16% (in line with 3Q 2024).最新情報をもっと見るRecent updatesRecent Insider Transactions • Jun 16Deputy Chairman of the Board recently sold ₫5.5b worth of stockOn the 9th of June, Huyen Thi Nguyen sold around 550k shares on-market at roughly ₫10,000 per share. This transaction amounted to 5.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Huyen Thi's only on-market trade for the last 12 months.Buy Or Sell Opportunity • Apr 08Now 27% overvaluedOver the last 90 days, the stock has fallen 15% to ₫14,450. The fair value is estimated to be ₫11,391, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 59%.お知らせ • Apr 01Development Investment Construction Joint Stock Corporation, Annual General Meeting, Apr 24, 2026Development Investment Construction Joint Stock Corporation, Annual General Meeting, Apr 24, 2026, at 13:00 SE Asia Standard Time. Location: head office of development investment construction, -jsc(15 thi sach, vu vang ward), hcmc VietnamNew Risk • Feb 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 35% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (23% increase in shares outstanding).Reported Earnings • Feb 02Full year 2025 earnings released: EPS: ₫1,002 (vs ₫177 in FY 2024)Full year 2025 results: EPS: ₫1,002 (up from ₫177 in FY 2024). Revenue: ₫4.73t (up 263% from FY 2024). Net income: ₫647.8b (up 466% from FY 2024). Profit margin: 14% (up from 8.8% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 30Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: ₫1.34t (up ₫1.29t from 3Q 2024). Net income: ₫211.5b (up ₫204.4b from 3Q 2024). Profit margin: 16% (in line with 3Q 2024).New Risk • Oct 24New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Vietnamese stocks, typically moving 8.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.4% average weekly change). Earnings have declined by 38% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.Reported Earnings • Jul 31Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: ₫274.3b (down 67% from 2Q 2024). Net income: ₫48.6b (down 62% from 2Q 2024). Profit margin: 18% (up from 15% in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • Jul 28Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₫23,300, the stock trades at a trailing P/E ratio of 76.7x. Average trailing P/E is 20x in the Construction industry in Vietnam. Total loss to shareholders of 38% over the past three years.New Risk • Jul 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Vietnamese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 33% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Large one-off items impacting financial results. Significant insider selling over the past 3 months (₫19b sold).Reported Earnings • May 05First quarter 2025 earnings released: ₫57.97 loss per share (vs ₫192 loss in 1Q 2024)First quarter 2025 results: ₫57.97 loss per share (improved from ₫192 loss in 1Q 2024). Revenue: ₫152.8b (up ₫152.3b from 1Q 2024). Net loss: ₫35.4b (loss narrowed 70% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.Recent Insider Transactions • Apr 30Deputy Chairman of the Board recently sold ₫28b worth of stockOn the 23rd of April, Huyen Thi Nguyen sold around 3m shares on-market at roughly ₫10,000 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Huyen Thi's only on-market trade for the last 12 months.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to ₫14,950, the stock trades at a trailing P/E ratio of 79.6x. Average trailing P/E is 17x in the Construction industry in Vietnam. Total loss to shareholders of 77% over the past three years.お知らせ • Apr 01Development Investment Construction Joint Stock Corporation, Annual General Meeting, Apr 18, 2025Development Investment Construction Joint Stock Corporation, Annual General Meeting, Apr 18, 2025, at 13:00 SE Asia Standard Time. Location: 169 thuy van, ward 8, vung tau city, ba ria - vung tau province, VietnamNew Risk • Jan 28New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 25% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 29% per year over the past 5 years. High level of non-cash earnings (25% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (8.0% net profit margin).Reported Earnings • Nov 04Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: ₫47.3b (down 80% from 3Q 2023). Net income: ₫7.08b (down 58% from 3Q 2023). Profit margin: 15% (up from 7.2% in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.お知らせ • Sep 19+ 1 more updateDevelopment Investment Construction Joint Stock Corporation Provides Earnings Guidance of Parent Company and Consolidated for 2024Development Investment Construction Joint Stock Corporation at its AGM held on April 26, 2024 provided earnings guidance of Parent company and Consolidated for 2024. For Parent, the company expects Total revenue of VND 2,186 billion. Profit before tax of VND 1,000 billion. On Consolidated basis for 2024, the company expects Total revenue of VND 2,300 billion. Profit before tax of VND 1,010 billion.Reported Earnings • Aug 02Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: ₫821.3b (up 408% from 2Q 2023). Net income: ₫126.4b (up ₫115.9b from 2Q 2023). Profit margin: 15% (up from 6.5% in 2Q 2023).Reported Earnings • May 07First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: ₫488.6m (down 100% from 1Q 2023). Net loss: ₫117.2b (down 249% from profit in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.Major Estimate Revision • Mar 19Consensus EPS estimates increase by 83%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from ₫1.97t to ₫2.05t. EPS estimate increased from ₫219 to ₫400 per share. Net income forecast to grow 41% next year vs 43% growth forecast for Construction industry in Vietnam. Consensus price target up from ₫18,200 to ₫20,000. Share price rose 13% to ₫29,900 over the past week.New Risk • Feb 01New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 307% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 8.5% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.Reported Earnings • Jan 31Full year 2023 earnings releasedFull year 2023 results: Revenue: ₫1.03t (down 46% from FY 2022). Net income: ₫172.7b (up 20% from FY 2022). Profit margin: 17% (up from 7.6% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 39% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Construction industry in Vietnam.New Risk • Jan 31New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 8.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Major Estimate Revision • Dec 28Consensus revenue estimates fall by 47%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₫1.96t to ₫1.04t. EPS estimate fell from ₫326 to ₫205 per share. Net income forecast to grow 53% next year vs 70% growth forecast for Construction industry in Vietnam. Consensus price target up from ₫15,300 to ₫18,200. Share price rose 2.1% to ₫26,700 over the past week.Board Change • Dec 19Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 8 non-independent directors. Independent Director Danh Phan was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Sep 19Development Investment Construction Joint Stock Corporation Announces Suspension of Operation of Him Lam BranchOn September 18, 2023, Development Investment Construction Joint Stock Corporation, approved the policy to continue temporary business suspension of DIC Him Lam branch.Reported Earnings • Aug 03Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: ₫161.7b (down 72% from 2Q 2022). Net income: ₫10.5b (down 87% from 2Q 2022). Profit margin: 6.5% (down from 14% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in Vietnam. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 48% per year, which means it is well ahead of earnings.お知らせ • Jul 06Development Investment Construction Joint Stock Corporation, Annual General Meeting, Jul 21, 2023Development Investment Construction Joint Stock Corporation, Annual General Meeting, Jul 21, 2023, at 06:00 Coordinated Universal Time. Location: Aurora, 169 Thuy Van street, ward 8 , Vung Tau city, Ba Ria Vung Tau province Vung Tau City VietnamValuation Update With 7 Day Price Move • May 02Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₫18,700, the stock trades at a forward P/E ratio of 57x. Average forward P/E is 13x in the Construction industry in Vietnam. Total returns to shareholders of 160% over the past three years.Valuation Update With 7 Day Price Move • Apr 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₫14,900, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 13x in the Construction industry in Vietnam. Total returns to shareholders of 115% over the past three years.Major Estimate Revision • Mar 28Consensus revenue estimates fall by 35%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₫3.01t to ₫1.96t. EPS estimate fell from ₫745 to ₫326 per share. Net income forecast to grow 36% next year vs 36% growth forecast for Construction industry in Vietnam. Consensus price target down from ₫17,600 to ₫13,400. Share price rose 10.0% to ₫13,250 over the past week.Valuation Update With 7 Day Price Move • Feb 13Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₫13,250, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 12x in the Construction industry in Vietnam. Total returns to shareholders of 59% over the past three years.Reported Earnings • Feb 01Full year 2022 earnings released: EPS: ₫240 (vs ₫1,870 in FY 2021)Full year 2022 results: EPS: ₫240 (down from ₫1,870 in FY 2021). Revenue: ₫1.91t (down 26% from FY 2021). Net income: ₫146.3b (down 85% from FY 2021). Profit margin: 7.7% (down from 38% in FY 2021). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Construction industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Dec 23Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₫16,100, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 10x in the Construction industry in Asia. Total returns to shareholders of 84% over the past three years.Major Estimate Revision • Dec 22Consensus revenue estimates fall by 23%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from ₫3.88t to ₫2.98t. EPS estimate fell from ₫1,555 to ₫596 per share. Net income forecast to shrink 54% next year vs 21% growth forecast for Construction industry in Vietnam . Consensus price target down from ₫33,500 to ₫17,600. Share price fell 14% to ₫15,600 over the past week.Price Target Changed • Dec 21Price target decreased to ₫17,600Down from ₫31,995, the current price target is provided by 1 analyst. New target price is 13% above last closing price of ₫15,600. Stock is down 80% over the past year. The company is forecast to post earnings per share of ₫596 for next year compared to ₫1,870 last year.Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improved over the past weekAfter last week's 22% share price gain to ₫14,800, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 9x in the Construction industry in Asia. Total returns to shareholders of 74% over the past three years.Recent Insider Transactions • Nov 17Insider recently bought ₫300m worth of stockOn the 11th of November, Lan Diep bought around 30k shares on-market at roughly ₫10,000 per share. This transaction increased Lan Diep's direct individual holding by 455x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 7 non-independent directors. Independent Director My Nguyen was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Nov 09Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to ₫14,400, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 9x in the Construction industry in Asia. Total returns to shareholders of 66% over the past three years.Reported Earnings • Nov 03Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: ₫423.6b (down 21% from 3Q 2021). Net loss: ₫996.4m (down 102% from profit in 3Q 2021). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 25Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to ₫20,450, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 9x in the Construction industry in Asia. Total returns to shareholders of 133% over the past three years.Reported Earnings • Aug 01Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: ₫575.4b (down 6.6% from 2Q 2021). Net income: ₫79.4b (up 50% from 2Q 2021). Profit margin: 14% (up from 8.6% in 2Q 2021). Over the next year, revenue is forecast to grow 70%, compared to a 54% growth forecast for the industry in Vietnam.Valuation Update With 7 Day Price Move • Jul 12Investor sentiment improved over the past weekAfter last week's 23% share price gain to ₫42,900, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 10x in the Construction industry in Asia. Total returns to shareholders of 339% over the past three years.Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorated over the past weekAfter last week's 24% share price decline to ₫41,950, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 10x in the Construction industry in Vietnam. Total returns to shareholders of 317% over the past three years.Valuation Update With 7 Day Price Move • May 06Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₫54,100, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 9x in the Construction industry in Vietnam. Total returns to shareholders of 408% over the past three years.Reported Earnings • May 04First quarter 2022 earnings: Revenues exceed analyst expectationsFirst quarter 2022 results: Revenue: ₫518.9b (up 3.7% from 1Q 2021). Net income: ₫63.4b (up 53% from 1Q 2021). Profit margin: 12% (up from 8.3% in 1Q 2021). Revenue exceeded analyst estimates by 41%. Over the next year, revenue is forecast to grow 62%, compared to a 48% growth forecast for the industry in Vietnam.Price Target Changed • Apr 27Price target increased to ₫39,050Up from ₫31,700, the current price target is an average from 2 analysts. New target price is 35% below last closing price of ₫60,200. Stock is up 166% over the past year. The company is forecast to post earnings per share of ₫2,286 for next year compared to ₫2,281 last year.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 7 non-independent directors. Independent Director My Nguyen was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Apr 12Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₫77,800, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 13x in the Construction industry in Vietnam. Total returns to shareholders of 601% over the past three years.Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₫106,200, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 17x in the Construction industry in Vietnam. Total returns to shareholders of 832% over the past three years.Major Estimate Revision • Mar 09Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₫4.33t to ₫4.09t. EPS estimate also fell from ₫2,565 per share to ₫2,286 per share. Net income forecast to grow 22% next year vs 36% growth forecast for Construction industry in Vietnam. Consensus price target of ₫39,050 unchanged from last update. Share price fell 4.6% to ₫88,100 over the past week.Valuation Update With 7 Day Price Move • Feb 15Investor sentiment improved over the past weekAfter last week's 24% share price gain to ₫78,900, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 15x in the Construction industry in Vietnam. Total returns to shareholders of 589% over the past three years.Reported Earnings • Jan 30Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: ₫1,190 (down from ₫1,676 in FY 2020). Revenue: ₫624.0b (down 75% from FY 2020). Net income: ₫505.8b (down 24% from FY 2020). Profit margin: 81% (up from 27% in FY 2020). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 576%, compared to a 45% growth forecast for the industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jan 28Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₫73,600, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 10x in the Construction industry in Asia. Total returns to shareholders of 581% over the past three years.Valuation Update With 7 Day Price Move • Dec 15Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₫81,500, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 10x in the Construction industry in Asia. Total returns to shareholders of 687% over the past three years.Valuation Update With 7 Day Price Move • Oct 26Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₫43,300, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 10x in the Construction industry in Asia. Total returns to shareholders of 362% over the past three years.Recent Insider Transactions • Sep 07Deputy CEO & Director recently bought ₫96b worth of stockOn the 31st of August, Huyen Thi Nguyen bought around 10m shares on-market at roughly ₫10,000 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₫96b more in shares than they have sold in the last 12 months.Recent Insider Transactions • Aug 13Insider recently bought ₫30m worth of stockOn the 10th of August, Nguyen Cuong bought around 3m shares on-market at roughly ₫9.99 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Valuation Update With 7 Day Price Move • Aug 09Investor sentiment improved over the past weekAfter last week's 21% share price gain to ₫30,600, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 10x in the Construction industry in Asia. Total returns to shareholders of 187% over the past three years.Reported Earnings • Aug 05Second quarter 2021 earnings released: EPS ₫129 (vs ₫119 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ₫615.8b (down 3.3% from 2Q 2020). Net income: ₫52.9b (up 9.9% from 2Q 2020). Profit margin: 8.6% (up from 7.6% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 34% per year.Price Target Changed • Aug 05Price target increased to ₫27,265Up from ₫24,494, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of ₫27,750. Stock is up 190% over the past year.Valuation Update With 7 Day Price Move • Jun 07Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₫26,923, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Construction industry in Vietnam. Total returns to shareholders of 80% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₫12,609 per share.Major Estimate Revision • Jun 02Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast fell from ₫4.15t to ₫2.73t. EPS estimate unchanged at ₫2,459 per share. Net income forecast to grow 56% next year vs 41% growth forecast for Construction industry in Vietnam. Consensus price target broadly unchanged at ₫28,658. Share price rose 4.6% to ₫31,600 over the past week.Price Target Changed • May 12Price target increased to ₫28,491Up from ₫24,091, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of ₫28,150. Stock is up 158% over the past year.Reported Earnings • Apr 04Full year 2020 earnings released: EPS ₫1,961 (vs ₫1,060 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ₫2.49t (up 18% from FY 2019). Net income: ₫668.6b (up 82% from FY 2019). Profit margin: 27% (up from 17% in FY 2019). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Price Target Changed • Mar 18Price target increased to ₫31,250Up from ₫26,500, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ₫31,900. Stock is up 175% over the past year.Valuation Update With 7 Day Price Move • Jan 28Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to ₫26,850, the stock is trading at a trailing P/E ratio of 20.8x, down from the previous P/E ratio of 25.8x. This compares to an average P/E of 14x in the Construction industry in Vietnam. Total returns to shareholders over the past three years are 34%.Price Target Changed • Jan 19Price target raised to ₫20,250Up from ₫16,550, the current price target is provided by 1 analyst. The new target price is 38% below the current share price of ₫32,450. As of last close, the stock is up 148% over the past year.Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₫31,500, the stock is trading at a trailing P/E ratio of 24.4x, up from the previous P/E ratio of 21.1x. This compares to an average P/E of 14x in the Construction industry in Vietnam. Total returns to shareholders over the past three years are 59%.Is New 90 Day High Low • Jan 04New 90-day high: ₫29,550The company is up 66% from its price of ₫17,850 on 06 October 2020. The Vietnamese market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 27% over the same period.Is New 90 Day High Low • Dec 18New 90-day high: ₫27,350The company is up 88% from its price of ₫14,550 on 18 September 2020. The Vietnamese market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 21% over the same period.Valuation Update With 7 Day Price Move • Dec 04Market bids up stock over the past weekAfter last week's 18% share price gain to ₫25,700, the stock is trading at a trailing P/E ratio of 19.9x, up from the previous P/E ratio of 16.8x. This compares to an average P/E of 11x in the Construction industry in Vietnam. Total returns to shareholders over the past three years are 47%.Is New 90 Day High Low • Nov 20New 90-day high: ₫21,150The company is up 66% from its price of ₫12,750 on 21 August 2020. The Vietnamese market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 18% over the same period.Is New 90 Day High Low • Nov 04New 90-day high: ₫20,350The company is up 65% from its price of ₫12,300 on 06 August 2020. The Vietnamese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 21% over the same period.Is New 90 Day High Low • Oct 19New 90-day high: ₫18,750The company is up 45% from its price of ₫12,950 on 21 July 2020. The Vietnamese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 19% over the same period.お知らせ • Sep 26Development Investment Construction Joint Stock Corporation Appoints Bui Van Su as Chief Accountant Cum Director At Financial Planning Board, Effective October 1, 2020Development Investment Construction Joint Stock Corporation announced personnel change as follows: Mr. Bui Van Su was appointed as chief accountant cum director at financial planning board in 3 years as from October 1, 2020.株主還元DIGVN ConstructionVN 市場7D-4.6%-4.4%2.4%1Y-29.8%29.0%35.8%株主還元を見る業界別リターン: DIG過去 1 年間で29 % の収益を上げたVN Construction業界を下回りました。リターン対市場: DIGは、過去 1 年間で35.8 % のリターンを上げたVN市場を下回りました。価格変動Is DIG's price volatile compared to industry and market?DIG volatilityDIG Average Weekly Movement4.1%Construction Industry Average Movement4.1%Market Average Movement3.9%10% most volatile stocks in VN Market7.0%10% least volatile stocks in VN Market2.1%安定した株価: DIG 、 VN市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: DIGの 週次ボラティリティ ( 4% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19901,787Tin Nguyenwww.dic.vnデベロップメント・インベストメント・コンストラクション・ジョイント・ストック・コーポレーションは、その子会社とともにベトナムで不動産、建設、サービス事業に従事している。不動産取引、取引・サービス、建設セグメントを通じて事業を展開している。同社は、不動産、所有者所有の土地使用権、テナント利用者の売買、新都市部や工業地帯の開発、都市部の住宅や技術インフラ、工業団地、輸出加工区、ハイテク区、新経済区への投資、住宅の売買などを行っている。また、不動産コンサルティング、仲介、不動産・土地使用権の競売、不動産仲介サービス、投資コンサルティング、プロジェクト管理などの経営コンサルティングサービス、旅行サービス、観光宿泊、ホテル事業などのショートステイサービスも提供している。さらに、同社は建築活動や技術コンサルティング、土木・工業プロジェクト建設の監督、住宅建設、排水・下水システムの建設にも携わっている。さらに、ホスピタリティと観光、教育、介護、看護サービスの提供、セラミック製品の製造、資材の卸売、鉱物の開発、建設資材の製造と取引、交通と灌漑工事の建設、倉庫の賃貸、その他の土木工事の建設も行っている。開発投資建設合資会社は1990年に設立され、ベトナムのブンタウ市に本社を置く。もっと見るDevelopment Investment Construction Joint Stock Corporation 基礎のまとめDevelopment Investment Construction の収益と売上を時価総額と比較するとどうか。DIG 基礎統計学時価総額₫9.84t収益（TTM）₫675.23b売上高(TTM)₫4.71t14.6xPER（株価収益率2.1xP/SレシオDIG は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計DIG 損益計算書（TTM）収益₫4.71t売上原価₫3.58t売上総利益₫1.13tその他の費用₫451.40b収益₫675.23b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）847.82グロス・マージン23.92%純利益率14.34%有利子負債／自己資本比率14.0%DIG の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/27 09:24終値2026/06/26 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Development Investment Construction Joint Stock Corporation 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Lam TranMirae Asset Securities (Vietnam)null nullViet Dragon Securities Corporation
Recent Insider Transactions • Jun 16Deputy Chairman of the Board recently sold ₫5.5b worth of stockOn the 9th of June, Huyen Thi Nguyen sold around 550k shares on-market at roughly ₫10,000 per share. This transaction amounted to 5.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Huyen Thi's only on-market trade for the last 12 months.
Buy Or Sell Opportunity • Apr 08Now 27% overvaluedOver the last 90 days, the stock has fallen 15% to ₫14,450. The fair value is estimated to be ₫11,391, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 59%.
お知らせ • Apr 01Development Investment Construction Joint Stock Corporation, Annual General Meeting, Apr 24, 2026Development Investment Construction Joint Stock Corporation, Annual General Meeting, Apr 24, 2026, at 13:00 SE Asia Standard Time. Location: head office of development investment construction, -jsc(15 thi sach, vu vang ward), hcmc Vietnam
New Risk • Feb 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 35% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (23% increase in shares outstanding).
Reported Earnings • Feb 02Full year 2025 earnings released: EPS: ₫1,002 (vs ₫177 in FY 2024)Full year 2025 results: EPS: ₫1,002 (up from ₫177 in FY 2024). Revenue: ₫4.73t (up 263% from FY 2024). Net income: ₫647.8b (up 466% from FY 2024). Profit margin: 14% (up from 8.8% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 30Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: ₫1.34t (up ₫1.29t from 3Q 2024). Net income: ₫211.5b (up ₫204.4b from 3Q 2024). Profit margin: 16% (in line with 3Q 2024).
Recent Insider Transactions • Jun 16Deputy Chairman of the Board recently sold ₫5.5b worth of stockOn the 9th of June, Huyen Thi Nguyen sold around 550k shares on-market at roughly ₫10,000 per share. This transaction amounted to 5.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Huyen Thi's only on-market trade for the last 12 months.
Buy Or Sell Opportunity • Apr 08Now 27% overvaluedOver the last 90 days, the stock has fallen 15% to ₫14,450. The fair value is estimated to be ₫11,391, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 59%.
お知らせ • Apr 01Development Investment Construction Joint Stock Corporation, Annual General Meeting, Apr 24, 2026Development Investment Construction Joint Stock Corporation, Annual General Meeting, Apr 24, 2026, at 13:00 SE Asia Standard Time. Location: head office of development investment construction, -jsc(15 thi sach, vu vang ward), hcmc Vietnam
New Risk • Feb 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 35% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (23% increase in shares outstanding).
Reported Earnings • Feb 02Full year 2025 earnings released: EPS: ₫1,002 (vs ₫177 in FY 2024)Full year 2025 results: EPS: ₫1,002 (up from ₫177 in FY 2024). Revenue: ₫4.73t (up 263% from FY 2024). Net income: ₫647.8b (up 466% from FY 2024). Profit margin: 14% (up from 8.8% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 30Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: ₫1.34t (up ₫1.29t from 3Q 2024). Net income: ₫211.5b (up ₫204.4b from 3Q 2024). Profit margin: 16% (in line with 3Q 2024).
New Risk • Oct 24New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Vietnamese stocks, typically moving 8.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.4% average weekly change). Earnings have declined by 38% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.
Reported Earnings • Jul 31Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: ₫274.3b (down 67% from 2Q 2024). Net income: ₫48.6b (down 62% from 2Q 2024). Profit margin: 18% (up from 15% in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • Jul 28Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₫23,300, the stock trades at a trailing P/E ratio of 76.7x. Average trailing P/E is 20x in the Construction industry in Vietnam. Total loss to shareholders of 38% over the past three years.
New Risk • Jul 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Vietnamese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 33% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Large one-off items impacting financial results. Significant insider selling over the past 3 months (₫19b sold).
Reported Earnings • May 05First quarter 2025 earnings released: ₫57.97 loss per share (vs ₫192 loss in 1Q 2024)First quarter 2025 results: ₫57.97 loss per share (improved from ₫192 loss in 1Q 2024). Revenue: ₫152.8b (up ₫152.3b from 1Q 2024). Net loss: ₫35.4b (loss narrowed 70% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
Recent Insider Transactions • Apr 30Deputy Chairman of the Board recently sold ₫28b worth of stockOn the 23rd of April, Huyen Thi Nguyen sold around 3m shares on-market at roughly ₫10,000 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Huyen Thi's only on-market trade for the last 12 months.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to ₫14,950, the stock trades at a trailing P/E ratio of 79.6x. Average trailing P/E is 17x in the Construction industry in Vietnam. Total loss to shareholders of 77% over the past three years.
お知らせ • Apr 01Development Investment Construction Joint Stock Corporation, Annual General Meeting, Apr 18, 2025Development Investment Construction Joint Stock Corporation, Annual General Meeting, Apr 18, 2025, at 13:00 SE Asia Standard Time. Location: 169 thuy van, ward 8, vung tau city, ba ria - vung tau province, Vietnam
New Risk • Jan 28New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 25% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 29% per year over the past 5 years. High level of non-cash earnings (25% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (8.0% net profit margin).
Reported Earnings • Nov 04Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: ₫47.3b (down 80% from 3Q 2023). Net income: ₫7.08b (down 58% from 3Q 2023). Profit margin: 15% (up from 7.2% in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
お知らせ • Sep 19+ 1 more updateDevelopment Investment Construction Joint Stock Corporation Provides Earnings Guidance of Parent Company and Consolidated for 2024Development Investment Construction Joint Stock Corporation at its AGM held on April 26, 2024 provided earnings guidance of Parent company and Consolidated for 2024. For Parent, the company expects Total revenue of VND 2,186 billion. Profit before tax of VND 1,000 billion. On Consolidated basis for 2024, the company expects Total revenue of VND 2,300 billion. Profit before tax of VND 1,010 billion.
Reported Earnings • Aug 02Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: ₫821.3b (up 408% from 2Q 2023). Net income: ₫126.4b (up ₫115.9b from 2Q 2023). Profit margin: 15% (up from 6.5% in 2Q 2023).
Reported Earnings • May 07First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: ₫488.6m (down 100% from 1Q 2023). Net loss: ₫117.2b (down 249% from profit in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.
Major Estimate Revision • Mar 19Consensus EPS estimates increase by 83%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from ₫1.97t to ₫2.05t. EPS estimate increased from ₫219 to ₫400 per share. Net income forecast to grow 41% next year vs 43% growth forecast for Construction industry in Vietnam. Consensus price target up from ₫18,200 to ₫20,000. Share price rose 13% to ₫29,900 over the past week.
New Risk • Feb 01New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 307% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 8.5% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.
Reported Earnings • Jan 31Full year 2023 earnings releasedFull year 2023 results: Revenue: ₫1.03t (down 46% from FY 2022). Net income: ₫172.7b (up 20% from FY 2022). Profit margin: 17% (up from 7.6% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 39% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Construction industry in Vietnam.
New Risk • Jan 31New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 8.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Major Estimate Revision • Dec 28Consensus revenue estimates fall by 47%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₫1.96t to ₫1.04t. EPS estimate fell from ₫326 to ₫205 per share. Net income forecast to grow 53% next year vs 70% growth forecast for Construction industry in Vietnam. Consensus price target up from ₫15,300 to ₫18,200. Share price rose 2.1% to ₫26,700 over the past week.
Board Change • Dec 19Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 8 non-independent directors. Independent Director Danh Phan was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Sep 19Development Investment Construction Joint Stock Corporation Announces Suspension of Operation of Him Lam BranchOn September 18, 2023, Development Investment Construction Joint Stock Corporation, approved the policy to continue temporary business suspension of DIC Him Lam branch.
Reported Earnings • Aug 03Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: ₫161.7b (down 72% from 2Q 2022). Net income: ₫10.5b (down 87% from 2Q 2022). Profit margin: 6.5% (down from 14% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in Vietnam. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 48% per year, which means it is well ahead of earnings.
お知らせ • Jul 06Development Investment Construction Joint Stock Corporation, Annual General Meeting, Jul 21, 2023Development Investment Construction Joint Stock Corporation, Annual General Meeting, Jul 21, 2023, at 06:00 Coordinated Universal Time. Location: Aurora, 169 Thuy Van street, ward 8 , Vung Tau city, Ba Ria Vung Tau province Vung Tau City Vietnam
Valuation Update With 7 Day Price Move • May 02Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₫18,700, the stock trades at a forward P/E ratio of 57x. Average forward P/E is 13x in the Construction industry in Vietnam. Total returns to shareholders of 160% over the past three years.
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₫14,900, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 13x in the Construction industry in Vietnam. Total returns to shareholders of 115% over the past three years.
Major Estimate Revision • Mar 28Consensus revenue estimates fall by 35%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₫3.01t to ₫1.96t. EPS estimate fell from ₫745 to ₫326 per share. Net income forecast to grow 36% next year vs 36% growth forecast for Construction industry in Vietnam. Consensus price target down from ₫17,600 to ₫13,400. Share price rose 10.0% to ₫13,250 over the past week.
Valuation Update With 7 Day Price Move • Feb 13Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₫13,250, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 12x in the Construction industry in Vietnam. Total returns to shareholders of 59% over the past three years.
Reported Earnings • Feb 01Full year 2022 earnings released: EPS: ₫240 (vs ₫1,870 in FY 2021)Full year 2022 results: EPS: ₫240 (down from ₫1,870 in FY 2021). Revenue: ₫1.91t (down 26% from FY 2021). Net income: ₫146.3b (down 85% from FY 2021). Profit margin: 7.7% (down from 38% in FY 2021). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Construction industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Dec 23Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₫16,100, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 10x in the Construction industry in Asia. Total returns to shareholders of 84% over the past three years.
Major Estimate Revision • Dec 22Consensus revenue estimates fall by 23%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from ₫3.88t to ₫2.98t. EPS estimate fell from ₫1,555 to ₫596 per share. Net income forecast to shrink 54% next year vs 21% growth forecast for Construction industry in Vietnam . Consensus price target down from ₫33,500 to ₫17,600. Share price fell 14% to ₫15,600 over the past week.
Price Target Changed • Dec 21Price target decreased to ₫17,600Down from ₫31,995, the current price target is provided by 1 analyst. New target price is 13% above last closing price of ₫15,600. Stock is down 80% over the past year. The company is forecast to post earnings per share of ₫596 for next year compared to ₫1,870 last year.
Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improved over the past weekAfter last week's 22% share price gain to ₫14,800, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 9x in the Construction industry in Asia. Total returns to shareholders of 74% over the past three years.
Recent Insider Transactions • Nov 17Insider recently bought ₫300m worth of stockOn the 11th of November, Lan Diep bought around 30k shares on-market at roughly ₫10,000 per share. This transaction increased Lan Diep's direct individual holding by 455x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 7 non-independent directors. Independent Director My Nguyen was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Nov 09Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to ₫14,400, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 9x in the Construction industry in Asia. Total returns to shareholders of 66% over the past three years.
Reported Earnings • Nov 03Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: ₫423.6b (down 21% from 3Q 2021). Net loss: ₫996.4m (down 102% from profit in 3Q 2021). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 25Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to ₫20,450, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 9x in the Construction industry in Asia. Total returns to shareholders of 133% over the past three years.
Reported Earnings • Aug 01Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: ₫575.4b (down 6.6% from 2Q 2021). Net income: ₫79.4b (up 50% from 2Q 2021). Profit margin: 14% (up from 8.6% in 2Q 2021). Over the next year, revenue is forecast to grow 70%, compared to a 54% growth forecast for the industry in Vietnam.
Valuation Update With 7 Day Price Move • Jul 12Investor sentiment improved over the past weekAfter last week's 23% share price gain to ₫42,900, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 10x in the Construction industry in Asia. Total returns to shareholders of 339% over the past three years.
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorated over the past weekAfter last week's 24% share price decline to ₫41,950, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 10x in the Construction industry in Vietnam. Total returns to shareholders of 317% over the past three years.
Valuation Update With 7 Day Price Move • May 06Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₫54,100, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 9x in the Construction industry in Vietnam. Total returns to shareholders of 408% over the past three years.
Reported Earnings • May 04First quarter 2022 earnings: Revenues exceed analyst expectationsFirst quarter 2022 results: Revenue: ₫518.9b (up 3.7% from 1Q 2021). Net income: ₫63.4b (up 53% from 1Q 2021). Profit margin: 12% (up from 8.3% in 1Q 2021). Revenue exceeded analyst estimates by 41%. Over the next year, revenue is forecast to grow 62%, compared to a 48% growth forecast for the industry in Vietnam.
Price Target Changed • Apr 27Price target increased to ₫39,050Up from ₫31,700, the current price target is an average from 2 analysts. New target price is 35% below last closing price of ₫60,200. Stock is up 166% over the past year. The company is forecast to post earnings per share of ₫2,286 for next year compared to ₫2,281 last year.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 7 non-independent directors. Independent Director My Nguyen was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Apr 12Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₫77,800, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 13x in the Construction industry in Vietnam. Total returns to shareholders of 601% over the past three years.
Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₫106,200, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 17x in the Construction industry in Vietnam. Total returns to shareholders of 832% over the past three years.
Major Estimate Revision • Mar 09Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₫4.33t to ₫4.09t. EPS estimate also fell from ₫2,565 per share to ₫2,286 per share. Net income forecast to grow 22% next year vs 36% growth forecast for Construction industry in Vietnam. Consensus price target of ₫39,050 unchanged from last update. Share price fell 4.6% to ₫88,100 over the past week.
Valuation Update With 7 Day Price Move • Feb 15Investor sentiment improved over the past weekAfter last week's 24% share price gain to ₫78,900, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 15x in the Construction industry in Vietnam. Total returns to shareholders of 589% over the past three years.
Reported Earnings • Jan 30Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: ₫1,190 (down from ₫1,676 in FY 2020). Revenue: ₫624.0b (down 75% from FY 2020). Net income: ₫505.8b (down 24% from FY 2020). Profit margin: 81% (up from 27% in FY 2020). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 576%, compared to a 45% growth forecast for the industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jan 28Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₫73,600, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 10x in the Construction industry in Asia. Total returns to shareholders of 581% over the past three years.
Valuation Update With 7 Day Price Move • Dec 15Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₫81,500, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 10x in the Construction industry in Asia. Total returns to shareholders of 687% over the past three years.
Valuation Update With 7 Day Price Move • Oct 26Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₫43,300, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 10x in the Construction industry in Asia. Total returns to shareholders of 362% over the past three years.
Recent Insider Transactions • Sep 07Deputy CEO & Director recently bought ₫96b worth of stockOn the 31st of August, Huyen Thi Nguyen bought around 10m shares on-market at roughly ₫10,000 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₫96b more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Aug 13Insider recently bought ₫30m worth of stockOn the 10th of August, Nguyen Cuong bought around 3m shares on-market at roughly ₫9.99 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Valuation Update With 7 Day Price Move • Aug 09Investor sentiment improved over the past weekAfter last week's 21% share price gain to ₫30,600, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 10x in the Construction industry in Asia. Total returns to shareholders of 187% over the past three years.
Reported Earnings • Aug 05Second quarter 2021 earnings released: EPS ₫129 (vs ₫119 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ₫615.8b (down 3.3% from 2Q 2020). Net income: ₫52.9b (up 9.9% from 2Q 2020). Profit margin: 8.6% (up from 7.6% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 34% per year.
Price Target Changed • Aug 05Price target increased to ₫27,265Up from ₫24,494, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of ₫27,750. Stock is up 190% over the past year.
Valuation Update With 7 Day Price Move • Jun 07Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₫26,923, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Construction industry in Vietnam. Total returns to shareholders of 80% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₫12,609 per share.
Major Estimate Revision • Jun 02Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast fell from ₫4.15t to ₫2.73t. EPS estimate unchanged at ₫2,459 per share. Net income forecast to grow 56% next year vs 41% growth forecast for Construction industry in Vietnam. Consensus price target broadly unchanged at ₫28,658. Share price rose 4.6% to ₫31,600 over the past week.
Price Target Changed • May 12Price target increased to ₫28,491Up from ₫24,091, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of ₫28,150. Stock is up 158% over the past year.
Reported Earnings • Apr 04Full year 2020 earnings released: EPS ₫1,961 (vs ₫1,060 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ₫2.49t (up 18% from FY 2019). Net income: ₫668.6b (up 82% from FY 2019). Profit margin: 27% (up from 17% in FY 2019). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Mar 18Price target increased to ₫31,250Up from ₫26,500, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ₫31,900. Stock is up 175% over the past year.
Valuation Update With 7 Day Price Move • Jan 28Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to ₫26,850, the stock is trading at a trailing P/E ratio of 20.8x, down from the previous P/E ratio of 25.8x. This compares to an average P/E of 14x in the Construction industry in Vietnam. Total returns to shareholders over the past three years are 34%.
Price Target Changed • Jan 19Price target raised to ₫20,250Up from ₫16,550, the current price target is provided by 1 analyst. The new target price is 38% below the current share price of ₫32,450. As of last close, the stock is up 148% over the past year.
Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₫31,500, the stock is trading at a trailing P/E ratio of 24.4x, up from the previous P/E ratio of 21.1x. This compares to an average P/E of 14x in the Construction industry in Vietnam. Total returns to shareholders over the past three years are 59%.
Is New 90 Day High Low • Jan 04New 90-day high: ₫29,550The company is up 66% from its price of ₫17,850 on 06 October 2020. The Vietnamese market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 27% over the same period.
Is New 90 Day High Low • Dec 18New 90-day high: ₫27,350The company is up 88% from its price of ₫14,550 on 18 September 2020. The Vietnamese market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 21% over the same period.
Valuation Update With 7 Day Price Move • Dec 04Market bids up stock over the past weekAfter last week's 18% share price gain to ₫25,700, the stock is trading at a trailing P/E ratio of 19.9x, up from the previous P/E ratio of 16.8x. This compares to an average P/E of 11x in the Construction industry in Vietnam. Total returns to shareholders over the past three years are 47%.
Is New 90 Day High Low • Nov 20New 90-day high: ₫21,150The company is up 66% from its price of ₫12,750 on 21 August 2020. The Vietnamese market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 18% over the same period.
Is New 90 Day High Low • Nov 04New 90-day high: ₫20,350The company is up 65% from its price of ₫12,300 on 06 August 2020. The Vietnamese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 21% over the same period.
Is New 90 Day High Low • Oct 19New 90-day high: ₫18,750The company is up 45% from its price of ₫12,950 on 21 July 2020. The Vietnamese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 19% over the same period.
お知らせ • Sep 26Development Investment Construction Joint Stock Corporation Appoints Bui Van Su as Chief Accountant Cum Director At Financial Planning Board, Effective October 1, 2020Development Investment Construction Joint Stock Corporation announced personnel change as follows: Mr. Bui Van Su was appointed as chief accountant cum director at financial planning board in 3 years as from October 1, 2020.
