View ValuationPC1 Group 将来の成長Future 基準チェック /36PC1 Group利益と収益がそれぞれ年間20.9%と10.9%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に16.7% 17.6%なると予測されています。主要情報20.9%収益成長率17.56%EPS成長率Construction 収益成長4.7%収益成長率10.9%将来の株主資本利益率16.69%アナリストカバレッジGood最終更新日24 Mar 2026今後の成長に関する最新情報Price Target Changed • Feb 20Price target increased by 7.4% to ₫29,382Up from ₫27,364, the current price target is an average from 5 analysts. New target price is 12% above last closing price of ₫26,250. Stock is up 27% over the past year. The company is forecast to post earnings per share of ₫2,743 for next year compared to ₫2,248 last year.Price Target Changed • Dec 30Price target increased by 8.9% to ₫26,125Up from ₫24,000, the current price target is an average from 4 analysts. New target price is 15% above last closing price of ₫22,700. Stock is up 14% over the past year. The company posted earnings per share of ₫1,023 last year.Major Estimate Revision • Feb 21Consensus EPS estimates fall by 14%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from ₫11t to ₫12t. EPS estimate fell from ₫2,175 to ₫1,868 per share. Net income forecast to grow 65% next year vs 28% growth forecast for Construction industry in Vietnam. Consensus price target broadly unchanged at ₫29,083. Share price was steady at ₫23,750 over the past week.Major Estimate Revision • Feb 19Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₫11t to ₫11t. EPS estimate also fell from ₫2,175 per share to ₫1,683 per share. Net income forecast to grow 58% next year vs 34% growth forecast for Construction industry in Vietnam. Consensus price target broadly unchanged at ₫29,083. Share price rose 2.3% to ₫24,100 over the past week.Price Target Changed • Jun 14Price target increased by 7.0% to ₫33,044Up from ₫30,872, the current price target is an average from 5 analysts. New target price is 17% above last closing price of ₫28,300. Stock is up 17% over the past year. The company is forecast to post earnings per share of ₫1,409 for next year compared to ₫405 last year.Major Estimate Revision • Mar 15Consensus EPS estimates fall by 10%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from ₫9.90t to ₫10t. EPS estimate fell from ₫1,832 to ₫1,642 per share. Net income forecast to grow 341% next year vs 43% growth forecast for Construction industry in Vietnam. Consensus price target broadly unchanged at ₫28,668. Share price was steady at ₫28,750 over the past week.すべての更新を表示Recent updatesReported Earnings • May 22First quarter 2026 earnings released: EPS: ₫360 (vs ₫100 in 1Q 2025)First quarter 2026 results: EPS: ₫360 (up from ₫100 in 1Q 2025). Revenue: ₫2.17t (up 17% from 1Q 2025). Net income: ₫181.1b (up 340% from 1Q 2025). Profit margin: 8.4% (up from 2.2% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Construction industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.New Risk • May 08New 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 8.0% 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 Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (8.0% average weekly change).Valuation Update With 7 Day Price Move • Apr 24Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₫22,450, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Construction industry in Vietnam. Total returns to shareholders of 20% over the past three years.お知らせ • Apr 02PC1 Group Joint Stock Company, Annual General Meeting, Apr 22, 2026PC1 Group Joint Stock Company, Annual General Meeting, Apr 22, 2026, at 08:00 SE Asia Standard Time. Location: hall on the 2nd floor, pc1 group joint stock company, ct2 building, no. 583 nguyen trai street, thanh liet district, hanoi VietnamValuation Update With 7 Day Price Move • Mar 02Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₫30,450, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Construction industry in Vietnam. Total returns to shareholders of 71% over the past three years.Price Target Changed • Feb 20Price target increased by 7.4% to ₫29,382Up from ₫27,364, the current price target is an average from 5 analysts. New target price is 12% above last closing price of ₫26,250. Stock is up 27% over the past year. The company is forecast to post earnings per share of ₫2,743 for next year compared to ₫2,248 last year.New Risk • Feb 05New 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 5.8% 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 Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (5.8% average weekly change).Reported Earnings • Feb 04Full year 2025 earnings released: EPS: ₫2,248 (vs ₫1,023 in FY 2024)Full year 2025 results: EPS: ₫2,248 (up from ₫1,023 in FY 2024). Revenue: ₫13t (up 30% from FY 2024). Net income: ₫1.05t (up 150% from FY 2024). Profit margin: 8.0% (up from 4.2% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Price Target Changed • Dec 30Price target increased by 8.9% to ₫26,125Up from ₫24,000, the current price target is an average from 4 analysts. New target price is 15% above last closing price of ₫22,700. Stock is up 14% over the past year. The company posted earnings per share of ₫1,023 last year.Valuation Update With 7 Day Price Move • Nov 11Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₫20,913, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 10x in the Construction industry in Vietnam. Total returns to shareholders of 119% over the past three years.Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: ₫598 (vs ₫446 in 3Q 2024)Third quarter 2025 results: EPS: ₫598 (up from ₫446 in 3Q 2024). Revenue: ₫3.28t (up 47% from 3Q 2024). Net income: ₫300.9b (up 89% from 3Q 2024). Profit margin: 9.2% (up from 7.1% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 19% per year.New Risk • Aug 22New 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 6.4% 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 Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risk Share price has been volatile over the past 3 months (6.4% average weekly change).New Risk • Aug 03New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.7x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 01Second quarter 2025 earnings released: EPS: ₫334 (vs ₫373 in 2Q 2024)Second quarter 2025 results: EPS: ₫334. Revenue: ₫2.93t (down 6.6% from 2Q 2024). Net income: ₫138.3b (up 3.7% from 2Q 2024). Profit margin: 4.7% (up from 4.2% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in Vietnam.Reported Earnings • May 05First quarter 2025 earnings released: EPS: ₫149 (vs ₫185 in 1Q 2024)First quarter 2025 results: EPS: ₫149 (down from ₫185 in 1Q 2024). Revenue: ₫1.86t (down 14% from 1Q 2024). Net income: ₫55.3b (down 17% from 1Q 2024). Profit margin: 3.0% (down from 3.1% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in Vietnam. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₫18,450, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Construction industry in Vietnam. Total loss to shareholders of 36% over the past three years.Reported Earnings • Apr 06Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: ₫1,177 (up from ₫53.24 in FY 2023). Revenue: ₫10t (up 31% from FY 2023). Net income: ₫420.8b (up ₫401.8b from FY 2023). Profit margin: 4.2% (up from 0.2% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) also missed analyst estimates by 8.2%. Revenue is forecast to grow 13% 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 25% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Feb 21Consensus EPS estimates fall by 14%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from ₫11t to ₫12t. EPS estimate fell from ₫2,175 to ₫1,868 per share. Net income forecast to grow 65% next year vs 28% growth forecast for Construction industry in Vietnam. Consensus price target broadly unchanged at ₫29,083. Share price was steady at ₫23,750 over the past week.Major Estimate Revision • Feb 19Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₫11t to ₫11t. EPS estimate also fell from ₫2,175 per share to ₫1,683 per share. Net income forecast to grow 58% next year vs 34% growth forecast for Construction industry in Vietnam. Consensus price target broadly unchanged at ₫29,083. Share price rose 2.3% to ₫24,100 over the past week.Reported Earnings • Jan 28Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: ₫1,158 (up from ₫352 in FY 2023). Revenue: ₫10t (up 30% from FY 2023). Net income: ₫460.3b (up 265% from FY 2023). Profit margin: 4.6% (up from 1.6% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) also missed analyst estimates by 8.2%. 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 fallen by 24% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Reported Earnings • Nov 05Third quarter 2024 earnings released: EPS: ₫385 (vs ₫205 in 3Q 2023)Third quarter 2024 results: EPS: ₫385 (up from ₫205 in 3Q 2023). Revenue: ₫2.23t (flat on 3Q 2023). Net income: ₫159.6b (up 151% from 3Q 2023). Profit margin: 7.1% (up from 2.9% in 3Q 2023). Revenue is forecast to grow 13% 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 39% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: ₫164 (vs ₫61.63 loss in 2Q 2023)Second quarter 2024 results: EPS: ₫164 (up from ₫61.63 loss in 2Q 2023). Revenue: ₫3.09t (up 110% from 2Q 2023). Net income: ₫62.2b (up ₫81.4b from 2Q 2023). Profit margin: 2.0% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Construction industry in Vietnam. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.Price Target Changed • Jun 14Price target increased by 7.0% to ₫33,044Up from ₫30,872, the current price target is an average from 5 analysts. New target price is 17% above last closing price of ₫28,300. Stock is up 17% over the past year. The company is forecast to post earnings per share of ₫1,409 for next year compared to ₫405 last year.お知らせ • Apr 09PC1 Group Joint Stock Company, Annual General Meeting, Apr 26, 2024PC1 Group Joint Stock Company, Annual General Meeting, Apr 26, 2024, at 01:00 Coordinated Universal Time. Location: Hall on the 2nd floor - PC1 Group Joint Stock Company, CT2 Building, Nang Huong Resi. and Comm. Area ANo. 583 Nguyen Trai District, Thanh Xuan District, Hanoi Vietnam Agenda: To approve the report of the Board of Directors on the results of the implementation of the goals and tasks of 2023 and the plan for 2024; to approve the financial statement for the year 2023 (audited); to approve the appraisal report of the Supervisory Board to submit to the GMS 2023; to approve the reports of the company's board of directors; to approve the report of the supervisory board on the selection of an auditor for the company's 2024 financial statements; and to consider other matters.Major Estimate Revision • Mar 15Consensus EPS estimates fall by 10%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from ₫9.90t to ₫10t. EPS estimate fell from ₫1,832 to ₫1,642 per share. Net income forecast to grow 341% next year vs 43% growth forecast for Construction industry in Vietnam. Consensus price target broadly unchanged at ₫28,668. Share price was steady at ₫28,750 over the past week.New Risk • Feb 13New 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 4.9% 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 Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Share price has been volatile over the past 3 months (4.9% average weekly change). Profit margins are more than 30% lower than last year (1.6% net profit margin).Reported Earnings • Feb 02Full year 2023 earnings released: EPS: ₫395 (vs ₫1,321 in FY 2022)Full year 2023 results: EPS: ₫395 (down from ₫1,321 in FY 2022). Revenue: ₫7.80t (down 6.6% from FY 2022). Net income: ₫136.6b (down 67% from FY 2022). Profit margin: 1.8% (down from 4.9% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Construction industry in Vietnam. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₫27,650, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Construction industry in Vietnam. Total returns to shareholders of 88% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₫51,065 per share.Valuation Update With 7 Day Price Move • Oct 19Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₫27,300, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Construction industry in Vietnam. Total returns to shareholders of 100% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₫54,456 per share.New Risk • Oct 18New 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 7.0% 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 Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (3.0% net profit margin).Major Estimate Revision • Aug 14Consensus EPS estimates fall by 46%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₫10t to ₫9.87t. EPS estimate also fell from ₫3,778 per share to ₫2,039 per share. Net income forecast to grow 142% next year vs 142% growth forecast for Construction industry in Vietnam. Consensus price target broadly unchanged at ₫31,151. Share price was steady at ₫27,900 over the past week.Reported Earnings • Aug 03Second quarter 2023 earnings released: ₫96.56 loss per share (vs ₫235 profit in 2Q 2022)Second quarter 2023 results: ₫96.56 loss per share (down from ₫235 profit in 2Q 2022). Revenue: ₫1.47t (down 2.6% from 2Q 2022). Net loss: ₫26.0b (down 141% from profit in 2Q 2022). Revenue is forecast to grow 12% 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 12% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings.Price Target Changed • Aug 02Price target increased by 12% to ₫34,772Up from ₫31,131, the current price target is an average from 5 analysts. New target price is 25% above last closing price of ₫27,850. Stock is down 19% over the past year. The company is forecast to post earnings per share of ₫1,994 for next year compared to ₫1,519 last year.Major Estimate Revision • May 16Consensus revenue estimates fall by 22%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₫11t to ₫8.38t. EPS estimate fell from ₫2,219 to ₫2,043 per share. Net income forecast to grow 99% next year vs 59% growth forecast for Construction industry in Vietnam. Consensus price target broadly unchanged at ₫30,991. Share price was steady at ₫28,800 over the past week.Buying Opportunity • May 15Now 21% undervaluedOver the last 90 days, the stock is up 18%. The fair value is estimated to be ₫36,301, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 7.4% per annum. Earnings is also forecast to grow by 22% per annum over the same time period.Price Target Changed • Mar 11Price target increased by 10% to ₫31,038Up from ₫28,181, the current price target is an average from 4 analysts. New target price is 11% above last closing price of ₫27,950. Stock is down 27% over the past year. The company is forecast to post earnings per share of ₫2,219 for next year compared to ₫1,513 last year.Reported Earnings • Feb 03Full year 2022 earnings released: EPS: ₫1,513 (vs ₫2,485 in FY 2021)Full year 2022 results: EPS: ₫1,513 (down from ₫2,485 in FY 2021). Revenue: ₫8.33t (down 15% from FY 2021). Net income: ₫450.0b (down 31% from FY 2021). Profit margin: 5.4% (down from 6.7% in FY 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Construction industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Jan 11Price target decreased to ₫31,634Down from ₫34,905, the current price target is an average from 4 analysts. New target price is 38% above last closing price of ₫23,000. Stock is down 31% over the past year. The company is forecast to post earnings per share of ₫1,851 for next year compared to ₫2,485 last year.Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₫23,500, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Construction industry in Asia. Total returns to shareholders of 126% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₫17,498 per share.Major Estimate Revision • Dec 16Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₫9.53t to ₫9.06t. EPS estimate also fell from ₫2,396 per share to ₫2,126 per share. Net income forecast to grow 89% next year vs 21% growth forecast for Construction industry in Vietnam. Consensus price target down from ₫34,905 to ₫32,907. Share price was steady at ₫20,650 over the past week.Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₫18,500, 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 67% over the past three years.Price Target Changed • Nov 24Price target decreased to ₫37,322Down from ₫40,822, the current price target is an average from 5 analysts. New target price is 137% above last closing price of ₫15,750. Stock is down 49% over the past year. The company is forecast to post earnings per share of ₫2,533 for next year compared to ₫2,485 last year.Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Member of Supervisory Board Vu Nguyen was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Nov 06Third quarter 2022 earnings released: EPS: ₫189 (vs ₫545 in 3Q 2021)Third quarter 2022 results: EPS: ₫189 (down from ₫545 in 3Q 2021). Revenue: ₫3.01t (down 4.0% from 3Q 2021). Net income: ₫65.8b (down 54% from 3Q 2021). Profit margin: 2.2% (down from 4.6% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.5% 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 16% per year whereas the company’s share price has increased by 17% per year.Valuation Update With 7 Day Price Move • Oct 25Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to ₫22,750, 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 67% over the past three years.Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₫33,000, 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 135% over the past three years.Reported Earnings • Aug 02Second quarter 2022 earnings released: EPS: ₫267 (vs ₫1,429 in 2Q 2021)Second quarter 2022 results: EPS: ₫267 (down from ₫1,429 in 2Q 2021). Revenue: ₫1.52t (down 49% from 2Q 2021). Net income: ₫62.9b (down 81% from 2Q 2021). Profit margin: 4.1% (down from 11% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 14%, compared to a 56% growth forecast for the industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jun 24Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₫38,100, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 10x in the Construction industry in Vietnam. Total returns to shareholders of 200% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₫29,027 per share.Reported Earnings • May 02First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: ₫566 (up from ₫342 in 1Q 2021). Revenue: ₫1.48t (down 4.5% from 1Q 2021). Net income: ₫133.0b (up 70% from 1Q 2021). Profit margin: 9.0% (up from 5.1% in 1Q 2021). Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Over the next year, revenue is expected to shrink by 13% compared to a 48% growth forecast for the industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Apr 27Price target increased to ₫43,612Up from ₫37,940, the current price target is an average from 5 analysts. New target price is 15% above last closing price of ₫38,000. Stock is up 74% over the past year. The company is forecast to post earnings per share of ₫2,690 for next year compared to ₫2,858 last year.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Member of Supervisory Board Vu Nguyen was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Price Target Changed • Apr 08Price target increased to ₫43,612Up from ₫37,940, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of ₫45,600. Stock is up 99% over the past year. The company is forecast to post earnings per share of ₫2,690 for next year compared to ₫2,858 last year.お知らせ • Apr 02PC1 Group Joint Stock Company, Annual General Meeting, Apr 19, 2022PC1 Group Joint Stock Company, Annual General Meeting, Apr 19, 2022, at 08:00 SE Asia Standard Time. Location: CT2 building, 583 Nguyen Trai, Thanh Xuan Ha Noi VietnamPrice Target Changed • Mar 17Price target increased to ₫39,298Up from ₫36,540, the current price target is an average from 5 analysts. New target price is 11% below last closing price of ₫44,100. Stock is up 84% over the past year. The company is forecast to post earnings per share of ₫2,516 for next year compared to ₫3,003 last year.Valuation Update With 7 Day Price Move • Mar 09Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₫45,250, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the Construction industry in Vietnam. Total returns to shareholders of 229% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₫89,840 per share.Major Estimate Revision • Feb 17Consensus revenue estimates increase by 11%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from ₫7.64t to ₫8.51t. EPS estimate increased from ₫2,113 to ₫2,987 per share. Net income forecast to grow 9.7% next year vs 53% growth forecast for Construction industry in Vietnam. Consensus price target broadly unchanged at ₫35,769. Share price was steady at ₫35,800 over the past week.お知らせ • Feb 10Power Construction JSC No.1 Announces the Resignation of Vu Van Tu as Deputy CEOThe Board of Directors of Power Construction Joint Stock Company No 1 approved the resignation of Mr. Vu Van Tu as Deputy CEO as of January 28, 2022.Reported Earnings • Jan 30Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: ₫3,012 (up from ₫2,235 in FY 2020). Revenue: ₫9.81t (up 47% from FY 2020). Net income: ₫691.1b (up 35% from FY 2020). Profit margin: 7.0% (down from 7.7% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Over the next year, revenue is expected to shrink by 22% compared to a 45% growth forecast for the industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Jan 18Price target increased to ₫35,964Up from ₫32,444, the current price target is an average from 5 analysts. New target price is 8.7% above last closing price of ₫33,100. Stock is up 83% over the past year. The company is forecast to post earnings per share of ₫2,779 for next year compared to ₫2,235 last year.Reported Earnings • Nov 06Third quarter 2021 earnings released: EPS ₫627 (vs ₫694 in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: ₫3.13t (up 91% from 3Q 2020). Net income: ₫143.9b (down 9.7% from 3Q 2020). Profit margin: 4.6% (down from 9.7% in 3Q 2020). The decrease in margin was driven by higher expenses. 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 41% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Oct 28Price target increased to ₫38,352Up from ₫34,716, the current price target is an average from 7 analysts. New target price is 9.3% below last closing price of ₫42,300. Stock is up 136% over the past year. The company is forecast to post earnings per share of ₫2,891 for next year compared to ₫2,682 last year.Price Target Changed • Sep 28Price target increased to ₫37,633Up from ₫34,716, the current price target is an average from 4 analysts. New target price is 6.9% above last closing price of ₫35,200. Stock is up 99% over the past year.Valuation Update With 7 Day Price Move • Aug 30Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₫34,600, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 10x in the Construction industry in Asia. Total returns to shareholders of 99% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₫57,166 per share.Valuation Update With 7 Day Price Move • Aug 13Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₫31,750, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Construction industry in Asia. Total returns to shareholders of 83% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₫54,629 per share.Reported Earnings • Aug 06Second quarter 2021 earnings released: EPS ₫683 (vs ₫640 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: ₫2.99t (up 155% from 2Q 2020). Net income: ₫130.6b (up 6.7% from 2Q 2020). Profit margin: 4.4% (down from 11% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.Major Estimate Revision • Apr 07Consensus EPS estimates increase to ₫2,399The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from ₫7.16t to ₫7.44t. EPS estimate increased from ₫2,131 to ₫2,399 per share. Net income forecast to shrink 14% next year vs 27% growth forecast for Construction industry in Vietnam . Consensus price target up from ₫25,848 to ₫29,545. Share price was steady at ₫27,800 over the past week.Reported Earnings • Apr 04Full year 2020 earnings released: EPS ₫2,682 (vs ₫1,871 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ₫6.68t (up 14% from FY 2019). Net income: ₫512.8b (up 43% from FY 2019). Profit margin: 7.7% (up from 6.1% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 13% per year.Major Estimate Revision • Feb 26Analysts increase revenue estimates to ₫6.87tThe 2021 consensus revenue estimate increased from ₫6.08t. Earning per share (EPS) estimate also increased from ₫2,075 to ₫2,233 for the same period. Net income is expected to shrink by 13% next year compared to 11% growth forecast for the Construction industry in Vietnam . The consensus price target increased from ₫21,840 to ₫23,465. Share price is up 4.5% to ₫27,900 over the past week.Is New 90 Day High Low • Feb 26New 90-day high: ₫27,900The company is up 30% from its price of ₫21,458 on 27 November 2020. The Vietnamese market is up 15% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Construction industry, which is up 47% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₫13,840 per share.Reported Earnings • Feb 02Full year 2020 earnings released: EPS ₫2,642 (vs ₫1,871 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ₫6.66t (up 14% from FY 2019). Net income: ₫505.2b (up 41% from FY 2019). Profit margin: 7.6% (up from 6.1% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Feb 02New 90-day high: ₫24,400The company is up 29% from its price of ₫18,917 on 04 November 2020. The Vietnamese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Construction industry, which is up 30% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₫18,594 per share.Analyst Estimate Surprise Post Earnings • Feb 02Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Over the next year, revenue is expected to shrink by 8.6% compared to a 11% decline forecast for the Construction industry in Vietnam.Price Target Changed • Jan 07Price target raised to ₫21,840Up from ₫19,603, the current price target is an average from 4 analysts. The new target price is 6.3% below the current share price of ₫23,300. As of last close, the stock is up 63% over the past year.Is New 90 Day High Low • Jan 05New 90-day high: ₫23,450The company is up 25% from its price of ₫18,792 on 07 October 2020. The Vietnamese market is up 20% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Construction industry, which is up 30% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₫19,464 per share.Is New 90 Day High Low • Dec 15New 90-day high: ₫22,500The company is up 30% from its price of ₫17,250 on 16 September 2020. The Vietnamese market is up 18% 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. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₫26,562 per share.Is New 90 Day High Low • Nov 09New 90-day high: ₫24,250The company is up 37% from its price of ₫17,700 on 11 August 2020. The Vietnamese market is up 11% 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. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₫22,183 per share.Is New 90 Day High Low • Oct 02New 90-day high: ₫22,000The company is up 29% from its price of ₫17,100 on 03 July 2020. The Vietnamese market is up 8.0% 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. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₫21,418 per share.業績と収益の成長予測HOSE:PC1 - アナリストの将来予測と過去の財務データ ( )VND Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202819,536,0002,141,000-2,350,0002,448,000112/31/202715,463,5001,297,000-4,109,0001,709,000412/31/202613,832,5001,008,5001,135,0001,051,00063/31/202613,392,2241,044,812-26,5401,735,279N/A12/31/202513,084,795919,029920,9052,272,718N/A9/30/202510,624,265507,943923,2431,737,049N/A6/30/20259,578,297366,662539,0561,168,042N/A3/31/20259,784,446398,904811,7791,241,871N/A12/31/202410,088,902411,605643,4561,089,948N/A9/30/202410,091,852367,793279,884657,576N/A6/30/202410,022,233209,116704,8461,120,564N/A3/31/20248,353,43367,664550,647908,479N/A1/1/20247,693,78119,041559,1341,051,386N/A9/30/20237,502,775181,65925,185798,684N/A6/30/20238,346,216246,544-159,525825,886N/A3/31/20238,384,844290,208-292,9421,148,978N/A1/1/20238,357,602389,114-439,6591,289,127N/A9/30/20228,155,963306,083-700,5981,001,390N/A6/30/20228,281,241384,167-1,276,3471,504,542N/A3/31/20229,758,047699,947-3,148,066-431,185N/A1/1/20229,828,463645,946-3,897,91793,241N/A9/30/202110,161,381650,976-2,999,559805,725N/A6/30/20218,673,986666,367-2,953,735-334,691N/A3/31/20216,857,279442,047-1,257,1451,188,179N/A1/1/20216,678,601473,874-300,053632,620N/A9/30/20205,755,267428,503-361,980553,662N/A6/30/20205,364,152346,723-110,273714,974N/A3/31/20205,928,970361,411-563,940283,607N/A1/1/20205,845,023357,792N/A-333,533N/A9/30/20195,780,439357,809N/A-459,656N/A6/30/20195,660,094411,324N/A-283,370N/A3/31/20195,514,186490,996N/A272,766N/A1/1/20195,084,422466,550N/A513,155N/A9/30/20184,437,716467,221N/A585,372N/A6/30/20184,224,984394,366N/A338,482N/A3/31/20183,449,440242,050N/A-160,723N/A1/1/20183,160,556236,661N/A-179,905N/A9/30/20173,208,980223,579N/A-190,636N/A6/30/20172,816,853220,353N/A-289,770N/A3/31/20172,923,078256,003N/A-102,096N/A1/1/20173,008,215304,706N/A-62,295N/A9/30/20163,256,219373,348N/A-174,688N/A6/30/20163,398,118358,112N/A-46,093N/A3/31/20163,287,907317,577N/A184,006N/A1/1/20163,100,859245,469N/A191,307N/A9/30/20152,776,513194,471N/A48,545N/A6/30/20152,806,286242,103N/A132,165N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: PC1の予測収益成長率 (年間20.9% ) は 貯蓄率 ( 3.2% ) を上回っています。収益対市場: PC1の収益 ( 20.9% ) はVN市場 ( 13.9% ) よりも速いペースで成長すると予測されています。高成長収益: PC1の収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: PC1の収益 ( 10.9% ) VN市場 ( 14.8% ) よりも低い成長が予測されています。高い収益成長: PC1の収益 ( 10.9% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: PC1の 自己資本利益率 は、3年後には低くなると予測されています ( 16.7 %)。成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance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2026/05/26 15:01終値2026/05/26 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本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、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。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PC1 Group Joint Stock Company 6 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。7 アナリスト機関Duong TranBao Viet Securities Joint Stock CompanyDan NguyenBIDV Securities Joint Stock CompanyTung Ha NguyenMB Securities4 その他のアナリストを表示
Price Target Changed • Feb 20Price target increased by 7.4% to ₫29,382Up from ₫27,364, the current price target is an average from 5 analysts. New target price is 12% above last closing price of ₫26,250. Stock is up 27% over the past year. The company is forecast to post earnings per share of ₫2,743 for next year compared to ₫2,248 last year.
Price Target Changed • Dec 30Price target increased by 8.9% to ₫26,125Up from ₫24,000, the current price target is an average from 4 analysts. New target price is 15% above last closing price of ₫22,700. Stock is up 14% over the past year. The company posted earnings per share of ₫1,023 last year.
Major Estimate Revision • Feb 21Consensus EPS estimates fall by 14%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from ₫11t to ₫12t. EPS estimate fell from ₫2,175 to ₫1,868 per share. Net income forecast to grow 65% next year vs 28% growth forecast for Construction industry in Vietnam. Consensus price target broadly unchanged at ₫29,083. Share price was steady at ₫23,750 over the past week.
Major Estimate Revision • Feb 19Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₫11t to ₫11t. EPS estimate also fell from ₫2,175 per share to ₫1,683 per share. Net income forecast to grow 58% next year vs 34% growth forecast for Construction industry in Vietnam. Consensus price target broadly unchanged at ₫29,083. Share price rose 2.3% to ₫24,100 over the past week.
Price Target Changed • Jun 14Price target increased by 7.0% to ₫33,044Up from ₫30,872, the current price target is an average from 5 analysts. New target price is 17% above last closing price of ₫28,300. Stock is up 17% over the past year. The company is forecast to post earnings per share of ₫1,409 for next year compared to ₫405 last year.
Major Estimate Revision • Mar 15Consensus EPS estimates fall by 10%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from ₫9.90t to ₫10t. EPS estimate fell from ₫1,832 to ₫1,642 per share. Net income forecast to grow 341% next year vs 43% growth forecast for Construction industry in Vietnam. Consensus price target broadly unchanged at ₫28,668. Share price was steady at ₫28,750 over the past week.
Reported Earnings • May 22First quarter 2026 earnings released: EPS: ₫360 (vs ₫100 in 1Q 2025)First quarter 2026 results: EPS: ₫360 (up from ₫100 in 1Q 2025). Revenue: ₫2.17t (up 17% from 1Q 2025). Net income: ₫181.1b (up 340% from 1Q 2025). Profit margin: 8.4% (up from 2.2% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Construction industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
New Risk • May 08New 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 8.0% 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 Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (8.0% average weekly change).
Valuation Update With 7 Day Price Move • Apr 24Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₫22,450, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Construction industry in Vietnam. Total returns to shareholders of 20% over the past three years.
お知らせ • Apr 02PC1 Group Joint Stock Company, Annual General Meeting, Apr 22, 2026PC1 Group Joint Stock Company, Annual General Meeting, Apr 22, 2026, at 08:00 SE Asia Standard Time. Location: hall on the 2nd floor, pc1 group joint stock company, ct2 building, no. 583 nguyen trai street, thanh liet district, hanoi Vietnam
Valuation Update With 7 Day Price Move • Mar 02Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₫30,450, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Construction industry in Vietnam. Total returns to shareholders of 71% over the past three years.
Price Target Changed • Feb 20Price target increased by 7.4% to ₫29,382Up from ₫27,364, the current price target is an average from 5 analysts. New target price is 12% above last closing price of ₫26,250. Stock is up 27% over the past year. The company is forecast to post earnings per share of ₫2,743 for next year compared to ₫2,248 last year.
New Risk • Feb 05New 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 5.8% 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 Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (5.8% average weekly change).
Reported Earnings • Feb 04Full year 2025 earnings released: EPS: ₫2,248 (vs ₫1,023 in FY 2024)Full year 2025 results: EPS: ₫2,248 (up from ₫1,023 in FY 2024). Revenue: ₫13t (up 30% from FY 2024). Net income: ₫1.05t (up 150% from FY 2024). Profit margin: 8.0% (up from 4.2% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Dec 30Price target increased by 8.9% to ₫26,125Up from ₫24,000, the current price target is an average from 4 analysts. New target price is 15% above last closing price of ₫22,700. Stock is up 14% over the past year. The company posted earnings per share of ₫1,023 last year.
Valuation Update With 7 Day Price Move • Nov 11Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₫20,913, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 10x in the Construction industry in Vietnam. Total returns to shareholders of 119% over the past three years.
Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: ₫598 (vs ₫446 in 3Q 2024)Third quarter 2025 results: EPS: ₫598 (up from ₫446 in 3Q 2024). Revenue: ₫3.28t (up 47% from 3Q 2024). Net income: ₫300.9b (up 89% from 3Q 2024). Profit margin: 9.2% (up from 7.1% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 19% per year.
New Risk • Aug 22New 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 6.4% 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 Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risk Share price has been volatile over the past 3 months (6.4% average weekly change).
New Risk • Aug 03New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.7x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 01Second quarter 2025 earnings released: EPS: ₫334 (vs ₫373 in 2Q 2024)Second quarter 2025 results: EPS: ₫334. Revenue: ₫2.93t (down 6.6% from 2Q 2024). Net income: ₫138.3b (up 3.7% from 2Q 2024). Profit margin: 4.7% (up from 4.2% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in Vietnam.
Reported Earnings • May 05First quarter 2025 earnings released: EPS: ₫149 (vs ₫185 in 1Q 2024)First quarter 2025 results: EPS: ₫149 (down from ₫185 in 1Q 2024). Revenue: ₫1.86t (down 14% from 1Q 2024). Net income: ₫55.3b (down 17% from 1Q 2024). Profit margin: 3.0% (down from 3.1% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in Vietnam. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₫18,450, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Construction industry in Vietnam. Total loss to shareholders of 36% over the past three years.
Reported Earnings • Apr 06Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: ₫1,177 (up from ₫53.24 in FY 2023). Revenue: ₫10t (up 31% from FY 2023). Net income: ₫420.8b (up ₫401.8b from FY 2023). Profit margin: 4.2% (up from 0.2% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) also missed analyst estimates by 8.2%. Revenue is forecast to grow 13% 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 25% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Feb 21Consensus EPS estimates fall by 14%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from ₫11t to ₫12t. EPS estimate fell from ₫2,175 to ₫1,868 per share. Net income forecast to grow 65% next year vs 28% growth forecast for Construction industry in Vietnam. Consensus price target broadly unchanged at ₫29,083. Share price was steady at ₫23,750 over the past week.
Major Estimate Revision • Feb 19Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₫11t to ₫11t. EPS estimate also fell from ₫2,175 per share to ₫1,683 per share. Net income forecast to grow 58% next year vs 34% growth forecast for Construction industry in Vietnam. Consensus price target broadly unchanged at ₫29,083. Share price rose 2.3% to ₫24,100 over the past week.
Reported Earnings • Jan 28Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: ₫1,158 (up from ₫352 in FY 2023). Revenue: ₫10t (up 30% from FY 2023). Net income: ₫460.3b (up 265% from FY 2023). Profit margin: 4.6% (up from 1.6% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) also missed analyst estimates by 8.2%. 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 fallen by 24% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 05Third quarter 2024 earnings released: EPS: ₫385 (vs ₫205 in 3Q 2023)Third quarter 2024 results: EPS: ₫385 (up from ₫205 in 3Q 2023). Revenue: ₫2.23t (flat on 3Q 2023). Net income: ₫159.6b (up 151% from 3Q 2023). Profit margin: 7.1% (up from 2.9% in 3Q 2023). Revenue is forecast to grow 13% 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 39% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: ₫164 (vs ₫61.63 loss in 2Q 2023)Second quarter 2024 results: EPS: ₫164 (up from ₫61.63 loss in 2Q 2023). Revenue: ₫3.09t (up 110% from 2Q 2023). Net income: ₫62.2b (up ₫81.4b from 2Q 2023). Profit margin: 2.0% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Construction industry in Vietnam. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.
Price Target Changed • Jun 14Price target increased by 7.0% to ₫33,044Up from ₫30,872, the current price target is an average from 5 analysts. New target price is 17% above last closing price of ₫28,300. Stock is up 17% over the past year. The company is forecast to post earnings per share of ₫1,409 for next year compared to ₫405 last year.
お知らせ • Apr 09PC1 Group Joint Stock Company, Annual General Meeting, Apr 26, 2024PC1 Group Joint Stock Company, Annual General Meeting, Apr 26, 2024, at 01:00 Coordinated Universal Time. Location: Hall on the 2nd floor - PC1 Group Joint Stock Company, CT2 Building, Nang Huong Resi. and Comm. Area ANo. 583 Nguyen Trai District, Thanh Xuan District, Hanoi Vietnam Agenda: To approve the report of the Board of Directors on the results of the implementation of the goals and tasks of 2023 and the plan for 2024; to approve the financial statement for the year 2023 (audited); to approve the appraisal report of the Supervisory Board to submit to the GMS 2023; to approve the reports of the company's board of directors; to approve the report of the supervisory board on the selection of an auditor for the company's 2024 financial statements; and to consider other matters.
Major Estimate Revision • Mar 15Consensus EPS estimates fall by 10%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from ₫9.90t to ₫10t. EPS estimate fell from ₫1,832 to ₫1,642 per share. Net income forecast to grow 341% next year vs 43% growth forecast for Construction industry in Vietnam. Consensus price target broadly unchanged at ₫28,668. Share price was steady at ₫28,750 over the past week.
New Risk • Feb 13New 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 4.9% 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 Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Share price has been volatile over the past 3 months (4.9% average weekly change). Profit margins are more than 30% lower than last year (1.6% net profit margin).
Reported Earnings • Feb 02Full year 2023 earnings released: EPS: ₫395 (vs ₫1,321 in FY 2022)Full year 2023 results: EPS: ₫395 (down from ₫1,321 in FY 2022). Revenue: ₫7.80t (down 6.6% from FY 2022). Net income: ₫136.6b (down 67% from FY 2022). Profit margin: 1.8% (down from 4.9% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Construction industry in Vietnam. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₫27,650, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Construction industry in Vietnam. Total returns to shareholders of 88% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₫51,065 per share.
Valuation Update With 7 Day Price Move • Oct 19Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₫27,300, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Construction industry in Vietnam. Total returns to shareholders of 100% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₫54,456 per share.
New Risk • Oct 18New 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 7.0% 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 Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (3.0% net profit margin).
Major Estimate Revision • Aug 14Consensus EPS estimates fall by 46%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₫10t to ₫9.87t. EPS estimate also fell from ₫3,778 per share to ₫2,039 per share. Net income forecast to grow 142% next year vs 142% growth forecast for Construction industry in Vietnam. Consensus price target broadly unchanged at ₫31,151. Share price was steady at ₫27,900 over the past week.
Reported Earnings • Aug 03Second quarter 2023 earnings released: ₫96.56 loss per share (vs ₫235 profit in 2Q 2022)Second quarter 2023 results: ₫96.56 loss per share (down from ₫235 profit in 2Q 2022). Revenue: ₫1.47t (down 2.6% from 2Q 2022). Net loss: ₫26.0b (down 141% from profit in 2Q 2022). Revenue is forecast to grow 12% 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 12% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings.
Price Target Changed • Aug 02Price target increased by 12% to ₫34,772Up from ₫31,131, the current price target is an average from 5 analysts. New target price is 25% above last closing price of ₫27,850. Stock is down 19% over the past year. The company is forecast to post earnings per share of ₫1,994 for next year compared to ₫1,519 last year.
Major Estimate Revision • May 16Consensus revenue estimates fall by 22%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₫11t to ₫8.38t. EPS estimate fell from ₫2,219 to ₫2,043 per share. Net income forecast to grow 99% next year vs 59% growth forecast for Construction industry in Vietnam. Consensus price target broadly unchanged at ₫30,991. Share price was steady at ₫28,800 over the past week.
Buying Opportunity • May 15Now 21% undervaluedOver the last 90 days, the stock is up 18%. The fair value is estimated to be ₫36,301, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 7.4% per annum. Earnings is also forecast to grow by 22% per annum over the same time period.
Price Target Changed • Mar 11Price target increased by 10% to ₫31,038Up from ₫28,181, the current price target is an average from 4 analysts. New target price is 11% above last closing price of ₫27,950. Stock is down 27% over the past year. The company is forecast to post earnings per share of ₫2,219 for next year compared to ₫1,513 last year.
Reported Earnings • Feb 03Full year 2022 earnings released: EPS: ₫1,513 (vs ₫2,485 in FY 2021)Full year 2022 results: EPS: ₫1,513 (down from ₫2,485 in FY 2021). Revenue: ₫8.33t (down 15% from FY 2021). Net income: ₫450.0b (down 31% from FY 2021). Profit margin: 5.4% (down from 6.7% in FY 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Construction industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Jan 11Price target decreased to ₫31,634Down from ₫34,905, the current price target is an average from 4 analysts. New target price is 38% above last closing price of ₫23,000. Stock is down 31% over the past year. The company is forecast to post earnings per share of ₫1,851 for next year compared to ₫2,485 last year.
Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₫23,500, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Construction industry in Asia. Total returns to shareholders of 126% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₫17,498 per share.
Major Estimate Revision • Dec 16Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₫9.53t to ₫9.06t. EPS estimate also fell from ₫2,396 per share to ₫2,126 per share. Net income forecast to grow 89% next year vs 21% growth forecast for Construction industry in Vietnam. Consensus price target down from ₫34,905 to ₫32,907. Share price was steady at ₫20,650 over the past week.
Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₫18,500, 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 67% over the past three years.
Price Target Changed • Nov 24Price target decreased to ₫37,322Down from ₫40,822, the current price target is an average from 5 analysts. New target price is 137% above last closing price of ₫15,750. Stock is down 49% over the past year. The company is forecast to post earnings per share of ₫2,533 for next year compared to ₫2,485 last year.
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Member of Supervisory Board Vu Nguyen was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 06Third quarter 2022 earnings released: EPS: ₫189 (vs ₫545 in 3Q 2021)Third quarter 2022 results: EPS: ₫189 (down from ₫545 in 3Q 2021). Revenue: ₫3.01t (down 4.0% from 3Q 2021). Net income: ₫65.8b (down 54% from 3Q 2021). Profit margin: 2.2% (down from 4.6% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.5% 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 16% per year whereas the company’s share price has increased by 17% per year.
Valuation Update With 7 Day Price Move • Oct 25Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to ₫22,750, 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 67% over the past three years.
Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₫33,000, 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 135% over the past three years.
Reported Earnings • Aug 02Second quarter 2022 earnings released: EPS: ₫267 (vs ₫1,429 in 2Q 2021)Second quarter 2022 results: EPS: ₫267 (down from ₫1,429 in 2Q 2021). Revenue: ₫1.52t (down 49% from 2Q 2021). Net income: ₫62.9b (down 81% from 2Q 2021). Profit margin: 4.1% (down from 11% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 14%, compared to a 56% growth forecast for the industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jun 24Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₫38,100, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 10x in the Construction industry in Vietnam. Total returns to shareholders of 200% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₫29,027 per share.
Reported Earnings • May 02First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: ₫566 (up from ₫342 in 1Q 2021). Revenue: ₫1.48t (down 4.5% from 1Q 2021). Net income: ₫133.0b (up 70% from 1Q 2021). Profit margin: 9.0% (up from 5.1% in 1Q 2021). Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Over the next year, revenue is expected to shrink by 13% compared to a 48% growth forecast for the industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Apr 27Price target increased to ₫43,612Up from ₫37,940, the current price target is an average from 5 analysts. New target price is 15% above last closing price of ₫38,000. Stock is up 74% over the past year. The company is forecast to post earnings per share of ₫2,690 for next year compared to ₫2,858 last year.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Member of Supervisory Board Vu Nguyen was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Price Target Changed • Apr 08Price target increased to ₫43,612Up from ₫37,940, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of ₫45,600. Stock is up 99% over the past year. The company is forecast to post earnings per share of ₫2,690 for next year compared to ₫2,858 last year.
お知らせ • Apr 02PC1 Group Joint Stock Company, Annual General Meeting, Apr 19, 2022PC1 Group Joint Stock Company, Annual General Meeting, Apr 19, 2022, at 08:00 SE Asia Standard Time. Location: CT2 building, 583 Nguyen Trai, Thanh Xuan Ha Noi Vietnam
Price Target Changed • Mar 17Price target increased to ₫39,298Up from ₫36,540, the current price target is an average from 5 analysts. New target price is 11% below last closing price of ₫44,100. Stock is up 84% over the past year. The company is forecast to post earnings per share of ₫2,516 for next year compared to ₫3,003 last year.
Valuation Update With 7 Day Price Move • Mar 09Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₫45,250, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the Construction industry in Vietnam. Total returns to shareholders of 229% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₫89,840 per share.
Major Estimate Revision • Feb 17Consensus revenue estimates increase by 11%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from ₫7.64t to ₫8.51t. EPS estimate increased from ₫2,113 to ₫2,987 per share. Net income forecast to grow 9.7% next year vs 53% growth forecast for Construction industry in Vietnam. Consensus price target broadly unchanged at ₫35,769. Share price was steady at ₫35,800 over the past week.
お知らせ • Feb 10Power Construction JSC No.1 Announces the Resignation of Vu Van Tu as Deputy CEOThe Board of Directors of Power Construction Joint Stock Company No 1 approved the resignation of Mr. Vu Van Tu as Deputy CEO as of January 28, 2022.
Reported Earnings • Jan 30Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: ₫3,012 (up from ₫2,235 in FY 2020). Revenue: ₫9.81t (up 47% from FY 2020). Net income: ₫691.1b (up 35% from FY 2020). Profit margin: 7.0% (down from 7.7% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Over the next year, revenue is expected to shrink by 22% compared to a 45% growth forecast for the industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Jan 18Price target increased to ₫35,964Up from ₫32,444, the current price target is an average from 5 analysts. New target price is 8.7% above last closing price of ₫33,100. Stock is up 83% over the past year. The company is forecast to post earnings per share of ₫2,779 for next year compared to ₫2,235 last year.
Reported Earnings • Nov 06Third quarter 2021 earnings released: EPS ₫627 (vs ₫694 in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: ₫3.13t (up 91% from 3Q 2020). Net income: ₫143.9b (down 9.7% from 3Q 2020). Profit margin: 4.6% (down from 9.7% in 3Q 2020). The decrease in margin was driven by higher expenses. 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 41% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Oct 28Price target increased to ₫38,352Up from ₫34,716, the current price target is an average from 7 analysts. New target price is 9.3% below last closing price of ₫42,300. Stock is up 136% over the past year. The company is forecast to post earnings per share of ₫2,891 for next year compared to ₫2,682 last year.
Price Target Changed • Sep 28Price target increased to ₫37,633Up from ₫34,716, the current price target is an average from 4 analysts. New target price is 6.9% above last closing price of ₫35,200. Stock is up 99% over the past year.
Valuation Update With 7 Day Price Move • Aug 30Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₫34,600, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 10x in the Construction industry in Asia. Total returns to shareholders of 99% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₫57,166 per share.
Valuation Update With 7 Day Price Move • Aug 13Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₫31,750, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Construction industry in Asia. Total returns to shareholders of 83% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₫54,629 per share.
Reported Earnings • Aug 06Second quarter 2021 earnings released: EPS ₫683 (vs ₫640 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: ₫2.99t (up 155% from 2Q 2020). Net income: ₫130.6b (up 6.7% from 2Q 2020). Profit margin: 4.4% (down from 11% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.
Major Estimate Revision • Apr 07Consensus EPS estimates increase to ₫2,399The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from ₫7.16t to ₫7.44t. EPS estimate increased from ₫2,131 to ₫2,399 per share. Net income forecast to shrink 14% next year vs 27% growth forecast for Construction industry in Vietnam . Consensus price target up from ₫25,848 to ₫29,545. Share price was steady at ₫27,800 over the past week.
Reported Earnings • Apr 04Full year 2020 earnings released: EPS ₫2,682 (vs ₫1,871 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ₫6.68t (up 14% from FY 2019). Net income: ₫512.8b (up 43% from FY 2019). Profit margin: 7.7% (up from 6.1% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 13% per year.
Major Estimate Revision • Feb 26Analysts increase revenue estimates to ₫6.87tThe 2021 consensus revenue estimate increased from ₫6.08t. Earning per share (EPS) estimate also increased from ₫2,075 to ₫2,233 for the same period. Net income is expected to shrink by 13% next year compared to 11% growth forecast for the Construction industry in Vietnam . The consensus price target increased from ₫21,840 to ₫23,465. Share price is up 4.5% to ₫27,900 over the past week.
Is New 90 Day High Low • Feb 26New 90-day high: ₫27,900The company is up 30% from its price of ₫21,458 on 27 November 2020. The Vietnamese market is up 15% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Construction industry, which is up 47% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₫13,840 per share.
Reported Earnings • Feb 02Full year 2020 earnings released: EPS ₫2,642 (vs ₫1,871 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ₫6.66t (up 14% from FY 2019). Net income: ₫505.2b (up 41% from FY 2019). Profit margin: 7.6% (up from 6.1% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Feb 02New 90-day high: ₫24,400The company is up 29% from its price of ₫18,917 on 04 November 2020. The Vietnamese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Construction industry, which is up 30% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₫18,594 per share.
Analyst Estimate Surprise Post Earnings • Feb 02Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Over the next year, revenue is expected to shrink by 8.6% compared to a 11% decline forecast for the Construction industry in Vietnam.
Price Target Changed • Jan 07Price target raised to ₫21,840Up from ₫19,603, the current price target is an average from 4 analysts. The new target price is 6.3% below the current share price of ₫23,300. As of last close, the stock is up 63% over the past year.
Is New 90 Day High Low • Jan 05New 90-day high: ₫23,450The company is up 25% from its price of ₫18,792 on 07 October 2020. The Vietnamese market is up 20% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Construction industry, which is up 30% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₫19,464 per share.
Is New 90 Day High Low • Dec 15New 90-day high: ₫22,500The company is up 30% from its price of ₫17,250 on 16 September 2020. The Vietnamese market is up 18% 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. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₫26,562 per share.
Is New 90 Day High Low • Nov 09New 90-day high: ₫24,250The company is up 37% from its price of ₫17,700 on 11 August 2020. The Vietnamese market is up 11% 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. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₫22,183 per share.
Is New 90 Day High Low • Oct 02New 90-day high: ₫22,000The company is up 29% from its price of ₫17,100 on 03 July 2020. The Vietnamese market is up 8.0% 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. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₫21,418 per share.