Refrigeration Electrical Engineering（REE）株式概要冷凍電気エンジニアリング・コーポレーションは、その子会社とともに、ベトナムで水力、太陽光、風力を利用した再生可能電力の生産、送電、配電を行っている。 詳細REE ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長5/6過去の実績4/6財務の健全性6/6配当金0/6報酬株価収益率（ 12.4 x）は、 Industrials業界平均（ 15.3 x）を下回っています。収益は年間21.6%増加すると予測されています 過去5年間の収益は年間3.6%増加しました。 アナリストらは、株価が26.8%上昇するだろうとほぼ一致している。 リスク分析リスクチェックの結果、REE 、リスクは検出されなかった。すべてのリスクチェックを見るREE 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₫52.40k40.1% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture029t2016201920222025202620282031Revenue ₫29.3tEarnings ₫7.4tAdvancedSet Fair ValueView all narrativesRefrigeration Electrical Engineering Corporation 競合他社PetroVietnam General ServicesSymbol: HOSE:PETMarket cap: ₫5.2tBamboo CapitalSymbol: HOSE:BCGMarket cap: ₫2.2tEverland GroupSymbol: HOSE:EVGMarket cap: ₫1.3tDuc Long Gia Lai Group JSCSymbol: HOSE:DLGMarket cap: ₫787.2b価格と性能株価の高値、安値、推移の概要Refrigeration Electrical Engineering過去の株価現在の株価₫52,400.0052週高値₫64,521.7452週安値₫50,173.91ベータ0.121ヶ月の変化-3.27%3ヶ月変化-3.27%1年変化-3.62%3年間の変化29.58%5年間の変化81.09%IPOからの変化2,398.45%最新ニュースUpcoming Dividend • Feb 19Upcoming dividend of ₫1,000 per shareEligible shareholders must have bought the stock before 26 February 2026. Payment date: 03 April 2026. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Vietnamese dividend payers (7.7%). In line with average of industry peers (1.5%).Major Estimate Revision • Feb 14Consensus EPS estimates fall by 14%, revenue upgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from ₫10t to ₫11t. EPS estimate fell from ₫5,457 to ₫4,670 per share. Net income forecast to grow 0.04% next year vs 12% growth forecast for Industrials industry in Vietnam. Consensus price target broadly unchanged at ₫75,750. Share price was steady at ₫61,600 over the past week.Declared Dividend • Feb 04Dividend of ₫1,000 announcedShareholders will receive a dividend of ₫1,000. Ex-date: 26th February 2026 Payment date: 3rd April 2026 Dividend yield will be 1.6%, which is lower than the industry average of 2.4%. Payout Ratios Payout ratio: 18%. Cash payout ratio: 57%.お知らせ • Feb 03+ 1 more updateRefrigeration Electrical Engineering Corporation announces Annual dividend, payable on April 03, 2026Refrigeration Electrical Engineering Corporation announced Annual dividend of VND 1000.0000 per share payable on April 03, 2026, ex-date on February 26, 2026 and record date on February 27, 2026.Reported Earnings • Jan 31Full year 2025 earnings released: EPS: ₫4,668 (vs ₫3,685 in FY 2024)Full year 2025 results: EPS: ₫4,668 (up from ₫3,685 in FY 2024). Revenue: ₫10t (up 19% from FY 2024). Net income: ₫2.53t (up 27% from FY 2024). Profit margin: 25% (up from 24% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, while revenues in the Industrials industry in Asia are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Reported Earnings • Nov 01Third quarter 2025 earnings released: EPS: ₫1,245 (vs ₫887 in 3Q 2024)Third quarter 2025 results: EPS: ₫1,245 (up from ₫887 in 3Q 2024). Revenue: ₫2.55t (up 26% from 3Q 2024). Net income: ₫674.2b (up 41% from 3Q 2024). Profit margin: 26% (up from 24% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Industrials industry in Asia. 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 13% per year, which means it is well ahead of earnings.最新情報をもっと見るRecent updatesUpcoming Dividend • Feb 19Upcoming dividend of ₫1,000 per shareEligible shareholders must have bought the stock before 26 February 2026. Payment date: 03 April 2026. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Vietnamese dividend payers (7.7%). In line with average of industry peers (1.5%).Major Estimate Revision • Feb 14Consensus EPS estimates fall by 14%, revenue upgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from ₫10t to ₫11t. EPS estimate fell from ₫5,457 to ₫4,670 per share. Net income forecast to grow 0.04% next year vs 12% growth forecast for Industrials industry in Vietnam. Consensus price target broadly unchanged at ₫75,750. Share price was steady at ₫61,600 over the past week.Declared Dividend • Feb 04Dividend of ₫1,000 announcedShareholders will receive a dividend of ₫1,000. Ex-date: 26th February 2026 Payment date: 3rd April 2026 Dividend yield will be 1.6%, which is lower than the industry average of 2.4%. Payout Ratios Payout ratio: 18%. Cash payout ratio: 57%.お知らせ • Feb 03+ 1 more updateRefrigeration Electrical Engineering Corporation announces Annual dividend, payable on April 03, 2026Refrigeration Electrical Engineering Corporation announced Annual dividend of VND 1000.0000 per share payable on April 03, 2026, ex-date on February 26, 2026 and record date on February 27, 2026.Reported Earnings • Jan 31Full year 2025 earnings released: EPS: ₫4,668 (vs ₫3,685 in FY 2024)Full year 2025 results: EPS: ₫4,668 (up from ₫3,685 in FY 2024). Revenue: ₫10t (up 19% from FY 2024). Net income: ₫2.53t (up 27% from FY 2024). Profit margin: 25% (up from 24% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, while revenues in the Industrials industry in Asia are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Reported Earnings • Nov 01Third quarter 2025 earnings released: EPS: ₫1,245 (vs ₫887 in 3Q 2024)Third quarter 2025 results: EPS: ₫1,245 (up from ₫887 in 3Q 2024). Revenue: ₫2.55t (up 26% from 3Q 2024). Net income: ₫674.2b (up 41% from 3Q 2024). Profit margin: 26% (up from 24% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Industrials industry in Asia. 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 13% per year, which means it is well ahead of earnings.Reported Earnings • Jul 31Second quarter 2025 earnings released: EPS: ₫1,151 (vs ₫654 in 2Q 2024)Second quarter 2025 results: EPS: ₫1,151 (up from ₫654 in 2Q 2024). Revenue: ₫2.51t (up 15% from 2Q 2024). Net income: ₫623.5b (up 76% from 2Q 2024). Profit margin: 25% (up from 16% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Industrials industry in Asia. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Jun 05Now 28% overvalued after recent price riseOver the last 90 days, the stock has risen 5.5% to ₫77,300. The fair value is estimated to be ₫60,503, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 10%. Revenue is forecast to grow by 44% in 2 years. Earnings are forecast to grow by 54% in the next 2 years.Buy Or Sell Opportunity • May 20Now 21% overvaluedThe stock has been flat over the last 90 days, currently trading at ₫72,500. The fair value is estimated to be ₫60,104, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 10%. Revenue is forecast to grow by 43% in 2 years. Earnings are forecast to grow by 54% in the next 2 years.Reported Earnings • Apr 30First quarter 2025 earnings released: EPS: ₫1,298 (vs ₫1,023 in 1Q 2024)First quarter 2025 results: EPS: ₫1,298 (up from ₫1,023 in 1Q 2024). Revenue: ₫2.07t (up 13% from 1Q 2024). Net income: ₫611.4b (up 27% from 1Q 2024). Profit margin: 30% (up from 26% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Industrials industry in Asia. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Reported Earnings • Mar 15Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: ₫4,237 (down from ₫4,656 in FY 2023). Revenue: ₫8.38t (down 2.2% from FY 2023). Net income: ₫1.99t (down 8.9% from FY 2023). Profit margin: 24% (down from 26% in FY 2023). Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 4.0%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Industrials industry in Asia. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.Upcoming Dividend • Feb 20Upcoming dividend of ₫1,000 per shareEligible shareholders must have bought the stock before 27 February 2025. Payment date: 04 April 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Vietnamese dividend payers (7.7%). Lower than average of industry peers (3.3%).お知らせ • Feb 07Refrigeration Electrical Engineering Corporation Proposes Interim Cash Dividend for 2024, Payable on April 4, 2025Refrigeration Electrical Engineering Corporation proposed interim cash dividend for 2024 as Exercise ratio: 10%/par value (VND 1,000/share). Ex-right date as February 27, 2025, Record date as February 28, 2025 and Payment date as April 4, 2025.お知らせ • Jan 28Refrigeration Electrical Engineering Corporation, Annual General Meeting, Apr 01, 2025Refrigeration Electrical Engineering Corporation, Annual General Meeting, Apr 01, 2025, at 08:00 SE Asia Standard Time. Location: e.town building hall, no. 364 cong hoa, ward 13, tan binh district, ho chi minh. VietnamReported Earnings • Jan 28Full year 2024 earnings released: EPS: ₫4,234 (vs ₫4,656 in FY 2023)Full year 2024 results: EPS: ₫4,234 (down from ₫4,656 in FY 2023). Revenue: ₫8.38t (down 2.2% from FY 2023). Net income: ₫1.99t (down 8.9% from FY 2023). Profit margin: 24% (down from 26% in FY 2023). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Industrials industry in Asia. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Major Estimate Revision • Nov 12Consensus EPS estimates fall by 20%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₫9.32t to ₫8.51t. EPS estimate also fell from ₫4,966 per share to ₫3,960 per share. Net income forecast to grow 36% next year vs 9.8% growth forecast for Industrials industry in Vietnam. Consensus price target up from ₫70,314 to ₫71,975. Share price rose 3.5% to ₫65,800 over the past week.Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: ₫1,020 (vs ₫957 in 3Q 2023)Third quarter 2024 results: EPS: ₫1,020 (up from ₫957 in 3Q 2023). Revenue: ₫2.03t (up 3.5% from 3Q 2023). Net income: ₫479.8b (up 6.7% from 3Q 2023). Profit margin: 24% (in line with 3Q 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Industrials industry in Asia. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.お知らせ • Sep 06Refrigeration Electrical Engineering Corporation (HOSE:REE) announces an Equity Buyback for 4,000,000 shares, representing 0.85% for VND 320,000 million.Refrigeration Electrical Engineering Corporation (HOSE:REE) announces a share repurchase program. Under the program, the company will repurchase up to 4,000,000 shares, representing 0.85% for VND 320,000 million. The shares will be repurchased at a price of VND 80,000 per share. The purpose of the program is to increase platinum victory's shareholdings. The program will expire on October 22, 2024. As of September 5, 2024, the company had 164,155,444 shares in issue.Price Target Changed • Aug 22Price target increased by 7.3% to ₫67,045Up from ₫62,500, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of ₫69,700. Stock is up 30% over the past year. The company is forecast to post earnings per share of ₫4,591 for next year compared to ₫4,656 last year.Reported Earnings • Aug 01Second quarter 2024 earnings released: EPS: ₫755 (vs ₫1,042 in 2Q 2023)Second quarter 2024 results: EPS: ₫755 (down from ₫1,042 in 2Q 2023). Revenue: ₫2.18t (flat on 2Q 2023). Net income: ₫354.8b (down 28% from 2Q 2023). Profit margin: 16% (down from 23% in 2Q 2023). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Industrials industry in Asia. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.Major Estimate Revision • Jun 29Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₫9.59t to ₫9.03t. EPS estimate also fell from ₫5,600 per share to ₫4,889 per share. Net income forecast to grow 27% next year vs 9.7% growth forecast for Industrials industry in Vietnam. Consensus price target up from ₫62,500 to ₫63,780. Share price fell 2.9% to ₫62,600 over the past week.Reported Earnings • Apr 28First quarter 2024 earnings released: EPS: ₫1,176 (vs ₫1,823 in 1Q 2023)First quarter 2024 results: EPS: ₫1,176 (down from ₫1,823 in 1Q 2023). Revenue: ₫1.84t (down 22% from 1Q 2023). Net income: ₫480.5b (down 36% from 1Q 2023). Profit margin: 26% (down from 32% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Industrials industry in Asia. 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 15% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 05Refrigeration Electrical Engineering Corporation Approves to Pay Cash Dividend for the 2023, Payable on April 26, 2024The Board of Directors of Refrigeration Electrical Engineering Corporation approved to pay for the 2023 dividend in cash. Record date: April 15, 2024. Payment date: April 26, 2024. Dividend pay-out ratio: 10%/par value (VND 1,000 per share). Ex-right date: April 12, 2024.Upcoming Dividend • Apr 05Upcoming dividend of ₫1,000 per shareEligible shareholders must have bought the stock before 12 April 2024. Payment date: 26 April 2024. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Vietnamese dividend payers (8.5%). Lower than average of industry peers (2.1%).Buy Or Sell Opportunity • Mar 05Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.7% to ₫63,300. The fair value is estimated to be ₫52,453, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 8.6% per annum over the same time period.Upcoming Dividend • Feb 22Upcoming dividend of ₫1,000 per shareEligible shareholders must have bought the stock before 29 February 2024. Payment date: 05 April 2024. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Vietnamese dividend payers (8.6%). Lower than average of industry peers (2.2%).Declared Dividend • Feb 02Dividend of ₫1,000 announcedShareholders will receive a dividend of ₫1,000. Ex-date: 29th February 2024 Payment date: 5th April 2024 Dividend yield will be 1.8%, which is lower than the industry average of 2.3%. Payout Ratios Payout ratio: 13%. Cash payout ratio: 71%.Reported Earnings • Aug 01Second quarter 2023 earnings released: EPS: ₫1,197 (vs ₫1,460 in 2Q 2022)Second quarter 2023 results: EPS: ₫1,197 (down from ₫1,460 in 2Q 2022). Revenue: ₫2.17t (up 7.5% from 2Q 2022). Net income: ₫489.4b (down 18% from 2Q 2022). Profit margin: 23% (down from 30% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Industrials industry in Asia. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 13Full year 2022 earnings: EPS in line with analyst expectations despite revenue beatFull year 2022 results: EPS: ₫7,576 (up from ₫5,220 in FY 2021). Revenue: ₫9.37t (up 61% from FY 2021). Net income: ₫2.69t (up 45% from FY 2021). Profit margin: 29% (down from 32% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.2%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Feb 21Upcoming dividend of ₫1,000 per share at 1.4% yieldEligible shareholders must have bought the stock before 28 February 2023. Payment date: 07 April 2023. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Vietnamese dividend payers (9.0%). Lower than average of industry peers (2.2%).お知らせ • Feb 01Refrigeration Electrical Engineering Corporation, Annual General Meeting, Mar 31, 2023Refrigeration Electrical Engineering Corporation, Annual General Meeting, Mar 31, 2023, at 01:00 Coordinated Universal Time. Location: No. 364 Cong Hoa Street, Ward 13 Tan Binh District, Ho Chi Minh City Ho Chi Minh City VietnamReported Earnings • Feb 01Full year 2022 earnings released: EPS: ₫7,573 (vs ₫5,220 in FY 2021)Full year 2022 results: EPS: ₫7,573 (up from ₫5,220 in FY 2021). Revenue: ₫9.37t (up 61% from FY 2021). Net income: ₫2.69t (up 45% from FY 2021). Profit margin: 29% (down from 32% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.2% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Industrials industry in Asia. Over the last 3 years on average, earnings per share has increased by 21% 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 12Price target decreased to ₫81,450Down from ₫95,725, the current price target is an average from 2 analysts. New target price is 12% above last closing price of ₫72,500. Stock is up 26% over the past year. The company is forecast to post earnings per share of ₫7,514 for next year compared to ₫5,220 last year.Price Target Changed • Jan 06Price target decreased to ₫90,067Down from ₫97,500, the current price target is an average from 3 analysts. New target price is 21% above last closing price of ₫74,500. Stock is up 24% over the past year. The company is forecast to post earnings per share of ₫7,393 for next year compared to ₫5,220 last year.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Director Mark Hutchinson was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 01Second quarter 2022 earnings released: EPS: ₫1,679 (vs ₫1,079 in 2Q 2021)Second quarter 2022 results: EPS: ₫1,679 (up from ₫1,079 in 2Q 2021). Revenue: ₫2.02t (up 24% from 2Q 2021). Net income: ₫596.8b (up 56% from 2Q 2021). Profit margin: 30% (up from 23% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 29%, compared to a 9.1% growth forecast for the industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jul 11Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₫72,000, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 9x in the Industrials industry in Asia. Total returns to shareholders of 158% over the past three years.Major Estimate Revision • May 24Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from ₫10t to ₫9.05t. EPS estimate rose from ₫5,898 to ₫6,635. Net income forecast to grow 12% next year vs 16% growth forecast for Industrials industry in Vietnam. Consensus price target up from ₫71,348 to ₫78,210. Share price rose 4.9% to ₫73,500 over the past week.Price Target Changed • May 23Price target increased to ₫78,210Up from ₫70,043, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of ₫76,200. Stock is up 48% over the past year. The company is forecast to post earnings per share of ₫5,900 for next year compared to ₫5,220 last year.Valuation Update With 7 Day Price Move • May 23Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₫76,200, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Industrials industry in Asia. Total returns to shareholders of 185% over the past three years.Reported Earnings • May 02First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: ₫2,236 (up from ₫1,345 in 1Q 2021). Revenue: ₫2.05t (up 73% from 1Q 2021). Net income: ₫693.3b (up 67% from 1Q 2021). Profit margin: 34% (down from 35% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 16%. Earnings per share (EPS) exceeded analyst estimates by 6.5%. Over the next year, revenue is forecast to grow 51%, compared to a 11% growth forecast for the industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Director Mark Hutchinson was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Apr 12Inaugural dividend of ₫1,000 per shareEligible shareholders must have bought the stock before 19 April 2022. Payment date: 29 April 2022. The company is not currently making a profit and is not cash flow positive. The company last paid an ordinary dividend in August 2011. The average dividend yield among industry peers is 2.9%.お知らせ • Apr 06+ 2 more updatesRefrigeration Electrical Engineering Corporation Approves Cash Dividend for the Financial Year 2021, Payable on 29 April 2022Refrigeration Electrical Engineering Corporation at its annual general meeting held on March 31, 2022, approved cash dividend of 10% par value (1,000 VND/share) for the financial year 2021. Dividend payment timeline: In second quarter of 2022. Last record date is 20 April 2022. Dividend payment date is 29 April 2022.Reported Earnings • Mar 13Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: EPS: ₫6,003 (up from ₫5,251 in FY 2020). Revenue: ₫5.81t (up 3.0% from FY 2020). Net income: ₫1.86t (up 14% from FY 2020). Profit margin: 32% (up from 29% in FY 2020). The increase in margin was primarily driven by higher revenue. Revenue missed analyst estimates by 16%. Earnings per share (EPS) exceeded analyst estimates by 6.5%. Over the next year, revenue is forecast to grow 72%, compared to a 8.9% growth forecast for the industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.Major Estimate Revision • Feb 23Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from ₫9.29t to ₫10t. EPS estimate fell from ₫6,752 to ₫6,326. Net income forecast to grow 14% next year vs 14% growth forecast for Industrials industry in Vietnam. Consensus price target up from ₫80,550 to ₫82,500. Share price rose 3.0% to ₫74,500 over the past week.Price Target Changed • Feb 22Price target increased to ₫82,050Up from ₫75,800, the current price target is an average from 4 analysts. New target price is 15% above last closing price of ₫71,600. Stock is up 27% over the past year. The company is forecast to post earnings per share of ₫6,001 for next year compared to ₫6,001 last year.Major Estimate Revision • Feb 19Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from ₫6,752 to ₫6,001. Revenue forecast unchanged from ₫11t at last update. Net income forecast to grow 13% next year vs 14% growth forecast for Industrials industry in Vietnam. Consensus price target of ₫80,550 unchanged from last update. Share price rose 6.1% to ₫72,500 over the past week.お知らせ • Feb 11+ 1 more updateRefrigeration Electrical Engineering Corporation Announces Dismissal of Pham Quoc Thang from the Position of Deputy General DirectorRefrigeration Electrical Engineering Corporation announced Mr. Pham Quoc Thang was dismissed from the position of Deputy General Director in charge construction of Refrigeration Electrical Engineering Corporation from February 8, 2022.Reported Earnings • Feb 02Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: ₫6,001 (up from ₫5,251 in FY 2020). Revenue: ₫5.81t (up 3.0% from FY 2020). Net income: ₫1.85t (up 14% from FY 2020). Profit margin: 32% (up from 29% in FY 2020). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.6%. Over the next year, revenue is forecast to grow 60%, compared to a 43% growth forecast for the industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Dec 17Price target increased to ₫80,550Up from ₫74,800, the current price target is an average from 3 analysts. New target price is 19% above last closing price of ₫67,600. Stock is up 45% over the past year. The company is forecast to post earnings per share of ₫5,680 for next year compared to ₫5,251 last year.Price Target Changed • Nov 02Price target increased to ₫74,800Up from ₫69,325, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of ₫72,300. Stock is up 71% over the past year. The company is forecast to post earnings per share of ₫5,680 for next year compared to ₫5,251 last year.Reported Earnings • Aug 03Second quarter 2021 earnings releasedThe company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: ₫1.64t (up 27% from 2Q 2020). Net income: ₫383.4b (up 2.6% from 2Q 2020). Profit margin: 23% (down from 29% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.Price Target Changed • Mar 13Price target raised to ₫54,375Up from ₫49,975, the current price target is an average from 3 analysts. The new target price is close to the current share price of ₫55,500. As of last close, the stock is up 97% over the past year.Is New 90 Day High Low • Feb 09New 90-day high: ₫57,000The company is up 35% from its price of ₫42,350 on 11 November 2020. The Vietnamese market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials 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 ₫50,771 per share.Is New 90 Day High Low • Jan 22New 90-day high: ₫54,100The company is up 29% from its price of ₫42,000 on 23 October 2020. The Vietnamese market is up 20% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Industrials industry, which is up 34% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₫51,488 per share.Is New 90 Day High Low • Dec 31New 90-day high: ₫48,950The company is up 22% from its price of ₫40,150 on 02 October 2020. The Vietnamese market is up 18% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Industrials industry, which is also up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₫50,597 per share.お知らせ • Nov 21An undisclosed buyer acquired 11% stake in Refrigeration Electrical Engineering Corporation (HOSE:REE) from Lê Tu?n H?i.An undisclosed buyer acquired 11% stake in Refrigeration Electrical Engineering Corporation (HOSE:REE) from Lê Tu?n H?i on November 10, 2020. The buyer acquire 10.38 million shares of Refrigeration Electrical Engineering Corporation. An undisclosed buyer completed the acquisition of 11% stake in Refrigeration Electrical Engineering Corporation (HOSE:REE) from Lê Tu?n H?i on November 10, 2020.Price Target Changed • Nov 11Price target raised to ₫44,433Up from ₫40,600, the current price target is an average from 3 analysts. The new target price is close to the current share price of ₫42,350. As of last close, the stock is up 13% over the past year.Reported Earnings • Nov 05Third quarter 2020 earnings released: EPS ₫1,119The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: ₫1.50t (up 23% from 3Q 2019). Net income: ₫347.0b (down 14% from 3Q 2019). Profit margin: 23% (down from 33% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Nov 03New 90-day high: ₫42,200The company is up 24% from its price of ₫34,100 on 05 August 2020. The Vietnamese market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials 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 ₫51,320 per share.Is New 90 Day High Low • Oct 01New 90-day high: ₫41,800The company is up 32% from its price of ₫31,750 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 Industrials industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₫50,375 per share.お知らせ • Jul 30Refrigeration Electrical Engineering Corporation Appoints Huynh Thanh Hai as CEOOn July 24, 2020, The Board of Directors of Refrigeration Electrical Engineering Corporation approved the appointment of Mr. Huynh Thanh Hai as CEO at Refrigeration Electrical Engineering Corporation as from August 01, 2020 to July 31, 2023.株主還元REEVN IndustrialsVN 市場7D-0.8%0.4%-2.1%1Y-3.6%5.1%41.3%株主還元を見る業界別リターン: REE過去 1 年間で5.1 % の収益を上げたVN Industrials業界を下回りました。リターン対市場: REEは、過去 1 年間で41.3 % のリターンを上げたVN市場を下回りました。価格変動Is REE's price volatile compared to industry and market?REE volatilityREE Average Weekly Movement4.8%Industrials Industry Average Movement5.2%Market Average Movement5.0%10% most volatile stocks in VN Market7.9%10% least volatile stocks in VN Market2.9%安定した株価: REE 、 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: REEの 週次ボラティリティ ( 5% ) 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n/a2,001Ashok Ramachandranwww.reecorp.com冷凍電気エンジニアリング・コーポレーションは子会社とともに、ベトナムで水力、太陽光、風力を利用した再生可能電力の生産、送電、配電を行っている。同社は、機械・冷凍電気エンジニアリング、不動産・オフィス賃貸、電力、水の各セグメントを通じて事業を展開している。同社は、商業、住宅、産業、インフラ部門向けにコンサルティング、設計、調達、設置、試験、試運転、メンテナンスサービスを提供する機械・電気エンジニアリング請負業者として、また商業・産業用屋上太陽光発電プロジェクトのEPC請負業者として事業を展開している。また、Reetechブランドのダクト、ダンパー、ディフューザー、エアコン、トランク製品、給水・処理・配水サービスも提供している。また、不動産の開発・管理、オフィスビルの賃貸・管理も行っている。さらに、貿易、電力取引、サービス供給、デジタルサービス、インフラ関連分野での戦略的金融投資も行っている。Refrigeration Electrical Engineering Corporationは1977年に設立され、ベトナムのホーチミン市に本社を置いている。もっと見るRefrigeration Electrical Engineering Corporation 基礎のまとめRefrigeration Electrical Engineering の収益と売上を時価総額と比較するとどうか。REE 基礎統計学時価総額₫32.64t収益（TTM）₫2.63t売上高(TTM)₫10.41t12.4xPER（株価収益率3.1xP/SレシオREE 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REE 損益計算書（TTM）収益₫10.41t売上原価₫6.54t売上総利益₫3.87tその他の費用₫1.24t収益₫2.63t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）4.23kグロス・マージン37.17%純利益率25.27%有利子負債／自己資本比率43.3%REE の長期的なパフォーマンスは？過去の実績と比較を見る配当金1.7%現在の配当利回り21%配当性向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2026/05/25 17:17終値2026/05/25 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Refrigeration Electrical Engineering Corporation 4 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。9 アナリスト機関Duong TranBao Viet Securities Joint Stock CompanyXuan NguyenCGS InternationalNam HoangShinhan Securities Vietnam Co., Ltd6 その他のアナリストを表示
Upcoming Dividend • Feb 19Upcoming dividend of ₫1,000 per shareEligible shareholders must have bought the stock before 26 February 2026. Payment date: 03 April 2026. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Vietnamese dividend payers (7.7%). In line with average of industry peers (1.5%).
Major Estimate Revision • Feb 14Consensus EPS estimates fall by 14%, revenue upgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from ₫10t to ₫11t. EPS estimate fell from ₫5,457 to ₫4,670 per share. Net income forecast to grow 0.04% next year vs 12% growth forecast for Industrials industry in Vietnam. Consensus price target broadly unchanged at ₫75,750. Share price was steady at ₫61,600 over the past week.
Declared Dividend • Feb 04Dividend of ₫1,000 announcedShareholders will receive a dividend of ₫1,000. Ex-date: 26th February 2026 Payment date: 3rd April 2026 Dividend yield will be 1.6%, which is lower than the industry average of 2.4%. Payout Ratios Payout ratio: 18%. Cash payout ratio: 57%.
お知らせ • Feb 03+ 1 more updateRefrigeration Electrical Engineering Corporation announces Annual dividend, payable on April 03, 2026Refrigeration Electrical Engineering Corporation announced Annual dividend of VND 1000.0000 per share payable on April 03, 2026, ex-date on February 26, 2026 and record date on February 27, 2026.
Reported Earnings • Jan 31Full year 2025 earnings released: EPS: ₫4,668 (vs ₫3,685 in FY 2024)Full year 2025 results: EPS: ₫4,668 (up from ₫3,685 in FY 2024). Revenue: ₫10t (up 19% from FY 2024). Net income: ₫2.53t (up 27% from FY 2024). Profit margin: 25% (up from 24% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, while revenues in the Industrials industry in Asia are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 01Third quarter 2025 earnings released: EPS: ₫1,245 (vs ₫887 in 3Q 2024)Third quarter 2025 results: EPS: ₫1,245 (up from ₫887 in 3Q 2024). Revenue: ₫2.55t (up 26% from 3Q 2024). Net income: ₫674.2b (up 41% from 3Q 2024). Profit margin: 26% (up from 24% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Industrials industry in Asia. 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 13% per year, which means it is well ahead of earnings.
Upcoming Dividend • Feb 19Upcoming dividend of ₫1,000 per shareEligible shareholders must have bought the stock before 26 February 2026. Payment date: 03 April 2026. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Vietnamese dividend payers (7.7%). In line with average of industry peers (1.5%).
Major Estimate Revision • Feb 14Consensus EPS estimates fall by 14%, revenue upgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from ₫10t to ₫11t. EPS estimate fell from ₫5,457 to ₫4,670 per share. Net income forecast to grow 0.04% next year vs 12% growth forecast for Industrials industry in Vietnam. Consensus price target broadly unchanged at ₫75,750. Share price was steady at ₫61,600 over the past week.
Declared Dividend • Feb 04Dividend of ₫1,000 announcedShareholders will receive a dividend of ₫1,000. Ex-date: 26th February 2026 Payment date: 3rd April 2026 Dividend yield will be 1.6%, which is lower than the industry average of 2.4%. Payout Ratios Payout ratio: 18%. Cash payout ratio: 57%.
お知らせ • Feb 03+ 1 more updateRefrigeration Electrical Engineering Corporation announces Annual dividend, payable on April 03, 2026Refrigeration Electrical Engineering Corporation announced Annual dividend of VND 1000.0000 per share payable on April 03, 2026, ex-date on February 26, 2026 and record date on February 27, 2026.
Reported Earnings • Jan 31Full year 2025 earnings released: EPS: ₫4,668 (vs ₫3,685 in FY 2024)Full year 2025 results: EPS: ₫4,668 (up from ₫3,685 in FY 2024). Revenue: ₫10t (up 19% from FY 2024). Net income: ₫2.53t (up 27% from FY 2024). Profit margin: 25% (up from 24% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, while revenues in the Industrials industry in Asia are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 01Third quarter 2025 earnings released: EPS: ₫1,245 (vs ₫887 in 3Q 2024)Third quarter 2025 results: EPS: ₫1,245 (up from ₫887 in 3Q 2024). Revenue: ₫2.55t (up 26% from 3Q 2024). Net income: ₫674.2b (up 41% from 3Q 2024). Profit margin: 26% (up from 24% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Industrials industry in Asia. 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 13% per year, which means it is well ahead of earnings.
Reported Earnings • Jul 31Second quarter 2025 earnings released: EPS: ₫1,151 (vs ₫654 in 2Q 2024)Second quarter 2025 results: EPS: ₫1,151 (up from ₫654 in 2Q 2024). Revenue: ₫2.51t (up 15% from 2Q 2024). Net income: ₫623.5b (up 76% from 2Q 2024). Profit margin: 25% (up from 16% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Industrials industry in Asia. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Jun 05Now 28% overvalued after recent price riseOver the last 90 days, the stock has risen 5.5% to ₫77,300. The fair value is estimated to be ₫60,503, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 10%. Revenue is forecast to grow by 44% in 2 years. Earnings are forecast to grow by 54% in the next 2 years.
Buy Or Sell Opportunity • May 20Now 21% overvaluedThe stock has been flat over the last 90 days, currently trading at ₫72,500. The fair value is estimated to be ₫60,104, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 10%. Revenue is forecast to grow by 43% in 2 years. Earnings are forecast to grow by 54% in the next 2 years.
Reported Earnings • Apr 30First quarter 2025 earnings released: EPS: ₫1,298 (vs ₫1,023 in 1Q 2024)First quarter 2025 results: EPS: ₫1,298 (up from ₫1,023 in 1Q 2024). Revenue: ₫2.07t (up 13% from 1Q 2024). Net income: ₫611.4b (up 27% from 1Q 2024). Profit margin: 30% (up from 26% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Industrials industry in Asia. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 15Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: ₫4,237 (down from ₫4,656 in FY 2023). Revenue: ₫8.38t (down 2.2% from FY 2023). Net income: ₫1.99t (down 8.9% from FY 2023). Profit margin: 24% (down from 26% in FY 2023). Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 4.0%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Industrials industry in Asia. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
Upcoming Dividend • Feb 20Upcoming dividend of ₫1,000 per shareEligible shareholders must have bought the stock before 27 February 2025. Payment date: 04 April 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Vietnamese dividend payers (7.7%). Lower than average of industry peers (3.3%).
お知らせ • Feb 07Refrigeration Electrical Engineering Corporation Proposes Interim Cash Dividend for 2024, Payable on April 4, 2025Refrigeration Electrical Engineering Corporation proposed interim cash dividend for 2024 as Exercise ratio: 10%/par value (VND 1,000/share). Ex-right date as February 27, 2025, Record date as February 28, 2025 and Payment date as April 4, 2025.
お知らせ • Jan 28Refrigeration Electrical Engineering Corporation, Annual General Meeting, Apr 01, 2025Refrigeration Electrical Engineering Corporation, Annual General Meeting, Apr 01, 2025, at 08:00 SE Asia Standard Time. Location: e.town building hall, no. 364 cong hoa, ward 13, tan binh district, ho chi minh. Vietnam
Reported Earnings • Jan 28Full year 2024 earnings released: EPS: ₫4,234 (vs ₫4,656 in FY 2023)Full year 2024 results: EPS: ₫4,234 (down from ₫4,656 in FY 2023). Revenue: ₫8.38t (down 2.2% from FY 2023). Net income: ₫1.99t (down 8.9% from FY 2023). Profit margin: 24% (down from 26% in FY 2023). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Industrials industry in Asia. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Major Estimate Revision • Nov 12Consensus EPS estimates fall by 20%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₫9.32t to ₫8.51t. EPS estimate also fell from ₫4,966 per share to ₫3,960 per share. Net income forecast to grow 36% next year vs 9.8% growth forecast for Industrials industry in Vietnam. Consensus price target up from ₫70,314 to ₫71,975. Share price rose 3.5% to ₫65,800 over the past week.
Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: ₫1,020 (vs ₫957 in 3Q 2023)Third quarter 2024 results: EPS: ₫1,020 (up from ₫957 in 3Q 2023). Revenue: ₫2.03t (up 3.5% from 3Q 2023). Net income: ₫479.8b (up 6.7% from 3Q 2023). Profit margin: 24% (in line with 3Q 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Industrials industry in Asia. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
お知らせ • Sep 06Refrigeration Electrical Engineering Corporation (HOSE:REE) announces an Equity Buyback for 4,000,000 shares, representing 0.85% for VND 320,000 million.Refrigeration Electrical Engineering Corporation (HOSE:REE) announces a share repurchase program. Under the program, the company will repurchase up to 4,000,000 shares, representing 0.85% for VND 320,000 million. The shares will be repurchased at a price of VND 80,000 per share. The purpose of the program is to increase platinum victory's shareholdings. The program will expire on October 22, 2024. As of September 5, 2024, the company had 164,155,444 shares in issue.
Price Target Changed • Aug 22Price target increased by 7.3% to ₫67,045Up from ₫62,500, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of ₫69,700. Stock is up 30% over the past year. The company is forecast to post earnings per share of ₫4,591 for next year compared to ₫4,656 last year.
Reported Earnings • Aug 01Second quarter 2024 earnings released: EPS: ₫755 (vs ₫1,042 in 2Q 2023)Second quarter 2024 results: EPS: ₫755 (down from ₫1,042 in 2Q 2023). Revenue: ₫2.18t (flat on 2Q 2023). Net income: ₫354.8b (down 28% from 2Q 2023). Profit margin: 16% (down from 23% in 2Q 2023). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Industrials industry in Asia. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
Major Estimate Revision • Jun 29Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₫9.59t to ₫9.03t. EPS estimate also fell from ₫5,600 per share to ₫4,889 per share. Net income forecast to grow 27% next year vs 9.7% growth forecast for Industrials industry in Vietnam. Consensus price target up from ₫62,500 to ₫63,780. Share price fell 2.9% to ₫62,600 over the past week.
Reported Earnings • Apr 28First quarter 2024 earnings released: EPS: ₫1,176 (vs ₫1,823 in 1Q 2023)First quarter 2024 results: EPS: ₫1,176 (down from ₫1,823 in 1Q 2023). Revenue: ₫1.84t (down 22% from 1Q 2023). Net income: ₫480.5b (down 36% from 1Q 2023). Profit margin: 26% (down from 32% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Industrials industry in Asia. 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 15% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 05Refrigeration Electrical Engineering Corporation Approves to Pay Cash Dividend for the 2023, Payable on April 26, 2024The Board of Directors of Refrigeration Electrical Engineering Corporation approved to pay for the 2023 dividend in cash. Record date: April 15, 2024. Payment date: April 26, 2024. Dividend pay-out ratio: 10%/par value (VND 1,000 per share). Ex-right date: April 12, 2024.
Upcoming Dividend • Apr 05Upcoming dividend of ₫1,000 per shareEligible shareholders must have bought the stock before 12 April 2024. Payment date: 26 April 2024. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Vietnamese dividend payers (8.5%). Lower than average of industry peers (2.1%).
Buy Or Sell Opportunity • Mar 05Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.7% to ₫63,300. The fair value is estimated to be ₫52,453, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 8.6% per annum over the same time period.
Upcoming Dividend • Feb 22Upcoming dividend of ₫1,000 per shareEligible shareholders must have bought the stock before 29 February 2024. Payment date: 05 April 2024. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Vietnamese dividend payers (8.6%). Lower than average of industry peers (2.2%).
Declared Dividend • Feb 02Dividend of ₫1,000 announcedShareholders will receive a dividend of ₫1,000. Ex-date: 29th February 2024 Payment date: 5th April 2024 Dividend yield will be 1.8%, which is lower than the industry average of 2.3%. Payout Ratios Payout ratio: 13%. Cash payout ratio: 71%.
Reported Earnings • Aug 01Second quarter 2023 earnings released: EPS: ₫1,197 (vs ₫1,460 in 2Q 2022)Second quarter 2023 results: EPS: ₫1,197 (down from ₫1,460 in 2Q 2022). Revenue: ₫2.17t (up 7.5% from 2Q 2022). Net income: ₫489.4b (down 18% from 2Q 2022). Profit margin: 23% (down from 30% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Industrials industry in Asia. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 13Full year 2022 earnings: EPS in line with analyst expectations despite revenue beatFull year 2022 results: EPS: ₫7,576 (up from ₫5,220 in FY 2021). Revenue: ₫9.37t (up 61% from FY 2021). Net income: ₫2.69t (up 45% from FY 2021). Profit margin: 29% (down from 32% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.2%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Feb 21Upcoming dividend of ₫1,000 per share at 1.4% yieldEligible shareholders must have bought the stock before 28 February 2023. Payment date: 07 April 2023. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Vietnamese dividend payers (9.0%). Lower than average of industry peers (2.2%).
お知らせ • Feb 01Refrigeration Electrical Engineering Corporation, Annual General Meeting, Mar 31, 2023Refrigeration Electrical Engineering Corporation, Annual General Meeting, Mar 31, 2023, at 01:00 Coordinated Universal Time. Location: No. 364 Cong Hoa Street, Ward 13 Tan Binh District, Ho Chi Minh City Ho Chi Minh City Vietnam
Reported Earnings • Feb 01Full year 2022 earnings released: EPS: ₫7,573 (vs ₫5,220 in FY 2021)Full year 2022 results: EPS: ₫7,573 (up from ₫5,220 in FY 2021). Revenue: ₫9.37t (up 61% from FY 2021). Net income: ₫2.69t (up 45% from FY 2021). Profit margin: 29% (down from 32% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.2% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Industrials industry in Asia. Over the last 3 years on average, earnings per share has increased by 21% 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 12Price target decreased to ₫81,450Down from ₫95,725, the current price target is an average from 2 analysts. New target price is 12% above last closing price of ₫72,500. Stock is up 26% over the past year. The company is forecast to post earnings per share of ₫7,514 for next year compared to ₫5,220 last year.
Price Target Changed • Jan 06Price target decreased to ₫90,067Down from ₫97,500, the current price target is an average from 3 analysts. New target price is 21% above last closing price of ₫74,500. Stock is up 24% over the past year. The company is forecast to post earnings per share of ₫7,393 for next year compared to ₫5,220 last year.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Director Mark Hutchinson was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 01Second quarter 2022 earnings released: EPS: ₫1,679 (vs ₫1,079 in 2Q 2021)Second quarter 2022 results: EPS: ₫1,679 (up from ₫1,079 in 2Q 2021). Revenue: ₫2.02t (up 24% from 2Q 2021). Net income: ₫596.8b (up 56% from 2Q 2021). Profit margin: 30% (up from 23% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 29%, compared to a 9.1% growth forecast for the industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jul 11Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₫72,000, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 9x in the Industrials industry in Asia. Total returns to shareholders of 158% over the past three years.
Major Estimate Revision • May 24Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from ₫10t to ₫9.05t. EPS estimate rose from ₫5,898 to ₫6,635. Net income forecast to grow 12% next year vs 16% growth forecast for Industrials industry in Vietnam. Consensus price target up from ₫71,348 to ₫78,210. Share price rose 4.9% to ₫73,500 over the past week.
Price Target Changed • May 23Price target increased to ₫78,210Up from ₫70,043, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of ₫76,200. Stock is up 48% over the past year. The company is forecast to post earnings per share of ₫5,900 for next year compared to ₫5,220 last year.
Valuation Update With 7 Day Price Move • May 23Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₫76,200, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Industrials industry in Asia. Total returns to shareholders of 185% over the past three years.
Reported Earnings • May 02First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: ₫2,236 (up from ₫1,345 in 1Q 2021). Revenue: ₫2.05t (up 73% from 1Q 2021). Net income: ₫693.3b (up 67% from 1Q 2021). Profit margin: 34% (down from 35% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 16%. Earnings per share (EPS) exceeded analyst estimates by 6.5%. Over the next year, revenue is forecast to grow 51%, compared to a 11% growth forecast for the industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Director Mark Hutchinson was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Apr 12Inaugural dividend of ₫1,000 per shareEligible shareholders must have bought the stock before 19 April 2022. Payment date: 29 April 2022. The company is not currently making a profit and is not cash flow positive. The company last paid an ordinary dividend in August 2011. The average dividend yield among industry peers is 2.9%.
お知らせ • Apr 06+ 2 more updatesRefrigeration Electrical Engineering Corporation Approves Cash Dividend for the Financial Year 2021, Payable on 29 April 2022Refrigeration Electrical Engineering Corporation at its annual general meeting held on March 31, 2022, approved cash dividend of 10% par value (1,000 VND/share) for the financial year 2021. Dividend payment timeline: In second quarter of 2022. Last record date is 20 April 2022. Dividend payment date is 29 April 2022.
Reported Earnings • Mar 13Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: EPS: ₫6,003 (up from ₫5,251 in FY 2020). Revenue: ₫5.81t (up 3.0% from FY 2020). Net income: ₫1.86t (up 14% from FY 2020). Profit margin: 32% (up from 29% in FY 2020). The increase in margin was primarily driven by higher revenue. Revenue missed analyst estimates by 16%. Earnings per share (EPS) exceeded analyst estimates by 6.5%. Over the next year, revenue is forecast to grow 72%, compared to a 8.9% growth forecast for the industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
Major Estimate Revision • Feb 23Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from ₫9.29t to ₫10t. EPS estimate fell from ₫6,752 to ₫6,326. Net income forecast to grow 14% next year vs 14% growth forecast for Industrials industry in Vietnam. Consensus price target up from ₫80,550 to ₫82,500. Share price rose 3.0% to ₫74,500 over the past week.
Price Target Changed • Feb 22Price target increased to ₫82,050Up from ₫75,800, the current price target is an average from 4 analysts. New target price is 15% above last closing price of ₫71,600. Stock is up 27% over the past year. The company is forecast to post earnings per share of ₫6,001 for next year compared to ₫6,001 last year.
Major Estimate Revision • Feb 19Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from ₫6,752 to ₫6,001. Revenue forecast unchanged from ₫11t at last update. Net income forecast to grow 13% next year vs 14% growth forecast for Industrials industry in Vietnam. Consensus price target of ₫80,550 unchanged from last update. Share price rose 6.1% to ₫72,500 over the past week.
お知らせ • Feb 11+ 1 more updateRefrigeration Electrical Engineering Corporation Announces Dismissal of Pham Quoc Thang from the Position of Deputy General DirectorRefrigeration Electrical Engineering Corporation announced Mr. Pham Quoc Thang was dismissed from the position of Deputy General Director in charge construction of Refrigeration Electrical Engineering Corporation from February 8, 2022.
Reported Earnings • Feb 02Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: ₫6,001 (up from ₫5,251 in FY 2020). Revenue: ₫5.81t (up 3.0% from FY 2020). Net income: ₫1.85t (up 14% from FY 2020). Profit margin: 32% (up from 29% in FY 2020). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.6%. Over the next year, revenue is forecast to grow 60%, compared to a 43% growth forecast for the industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Dec 17Price target increased to ₫80,550Up from ₫74,800, the current price target is an average from 3 analysts. New target price is 19% above last closing price of ₫67,600. Stock is up 45% over the past year. The company is forecast to post earnings per share of ₫5,680 for next year compared to ₫5,251 last year.
Price Target Changed • Nov 02Price target increased to ₫74,800Up from ₫69,325, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of ₫72,300. Stock is up 71% over the past year. The company is forecast to post earnings per share of ₫5,680 for next year compared to ₫5,251 last year.
Reported Earnings • Aug 03Second quarter 2021 earnings releasedThe company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: ₫1.64t (up 27% from 2Q 2020). Net income: ₫383.4b (up 2.6% from 2Q 2020). Profit margin: 23% (down from 29% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
Price Target Changed • Mar 13Price target raised to ₫54,375Up from ₫49,975, the current price target is an average from 3 analysts. The new target price is close to the current share price of ₫55,500. As of last close, the stock is up 97% over the past year.
Is New 90 Day High Low • Feb 09New 90-day high: ₫57,000The company is up 35% from its price of ₫42,350 on 11 November 2020. The Vietnamese market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials 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 ₫50,771 per share.
Is New 90 Day High Low • Jan 22New 90-day high: ₫54,100The company is up 29% from its price of ₫42,000 on 23 October 2020. The Vietnamese market is up 20% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Industrials industry, which is up 34% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₫51,488 per share.
Is New 90 Day High Low • Dec 31New 90-day high: ₫48,950The company is up 22% from its price of ₫40,150 on 02 October 2020. The Vietnamese market is up 18% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Industrials industry, which is also up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₫50,597 per share.
お知らせ • Nov 21An undisclosed buyer acquired 11% stake in Refrigeration Electrical Engineering Corporation (HOSE:REE) from Lê Tu?n H?i.An undisclosed buyer acquired 11% stake in Refrigeration Electrical Engineering Corporation (HOSE:REE) from Lê Tu?n H?i on November 10, 2020. The buyer acquire 10.38 million shares of Refrigeration Electrical Engineering Corporation. An undisclosed buyer completed the acquisition of 11% stake in Refrigeration Electrical Engineering Corporation (HOSE:REE) from Lê Tu?n H?i on November 10, 2020.
Price Target Changed • Nov 11Price target raised to ₫44,433Up from ₫40,600, the current price target is an average from 3 analysts. The new target price is close to the current share price of ₫42,350. As of last close, the stock is up 13% over the past year.
Reported Earnings • Nov 05Third quarter 2020 earnings released: EPS ₫1,119The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: ₫1.50t (up 23% from 3Q 2019). Net income: ₫347.0b (down 14% from 3Q 2019). Profit margin: 23% (down from 33% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Nov 03New 90-day high: ₫42,200The company is up 24% from its price of ₫34,100 on 05 August 2020. The Vietnamese market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials 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 ₫51,320 per share.
Is New 90 Day High Low • Oct 01New 90-day high: ₫41,800The company is up 32% from its price of ₫31,750 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 Industrials industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₫50,375 per share.
お知らせ • Jul 30Refrigeration Electrical Engineering Corporation Appoints Huynh Thanh Hai as CEOOn July 24, 2020, The Board of Directors of Refrigeration Electrical Engineering Corporation approved the appointment of Mr. Huynh Thanh Hai as CEO at Refrigeration Electrical Engineering Corporation as from August 01, 2020 to July 31, 2023.
