Vicostone（VCS）株式概要ビコストーン・ジョイントストック・カンパニーは、アジアおよび国際的に石英ベースの人工石材を製造・販売している。 詳細VCS ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績1/6財務の健全性6/6配当金3/6報酬株価収益率（ 10.1 x） VN市場（ 11.3 x）を下回っています。リスク分析9.35%の配当は、利益やフリーキャッシュフローによって十分にカバーされていない 過去5年間で収益は年間21.1%減少しました。 すべてのリスクチェックを見るVCS 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₫38.50k356.9% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture07t2016201920222025202620282031Revenue ₫2.0tEarnings ₫309.2bAdvancedSet Fair ValueView all narrativesVicostone Joint Stock Company 競合他社Vicem Ha Tien CementSymbol: HOSE:HT1Market cap: ₫5.3tViglacera Tien Son JSCSymbol: HNX:VITMarket cap: ₫1.6tGELEX InfrastructureSymbol: HOSE:GELMarket cap: ₫28.3tACC Binh Duong Investment and ConstructionSymbol: HOSE:ACCMarket cap: ₫1.3t価格と性能株価の高値、安値、推移の概要Vicostone過去の株価現在の株価₫38,500.0052週高値₫54,500.0052週安値₫38,000.00ベータ0.491ヶ月の変化-3.99%3ヶ月変化-13.09%1年変化-18.60%3年間の変化-25.24%5年間の変化-59.90%IPOからの変化461.77%最新ニュースReported Earnings • May 11First quarter 2026 earnings released: EPS: ₫727 (vs ₫972 in 1Q 2025)First quarter 2026 results: EPS: ₫727 (down from ₫972 in 1Q 2025). Revenue: ₫744.4b (down 27% from 1Q 2025). Net income: ₫123.4b (down 25% from 1Q 2025). Profit margin: 17% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 9% per year.Reported Earnings • Apr 04Full year 2025 earnings released: EPS: ₫4,065 (vs ₫4,824 in FY 2024)Full year 2025 results: EPS: ₫4,065 (down from ₫4,824 in FY 2024). Revenue: ₫4.13t (down 4.5% from FY 2024). Net income: ₫694.5b (down 10.0% from FY 2024). Profit margin: 17% (down from 18% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 7% per year.Buy Or Sell Opportunity • Apr 01Now 23% overvaluedOver the last 90 days, the stock has fallen 4.0% to ₫41,100. The fair value is estimated to be ₫33,541, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 16%.Buy Or Sell Opportunity • Mar 10Now 23% overvaluedOver the last 90 days, the stock has fallen 13% to ₫41,000. The fair value is estimated to be ₫33,382, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 16%.お知らせ • Feb 10Vicostone Joint Stock Company, Annual General Meeting, Apr 10, 2026Vicostone Joint Stock Company, Annual General Meeting, Apr 10, 2026. Location: vinstone jsc, hoa lac high-tech park, hoa lac commune, hanoi VietnamUpcoming Dividend • Dec 09Upcoming dividend of ₫1,800 per shareEligible shareholders must have bought the stock before 16 December 2025. Payment date: 25 December 2025. Payout ratio is a comfortable 49% and the cash payout ratio is 83%. Trailing yield: 7.5%. Within top quartile of Vietnamese dividend payers (7.5%). Higher than average of industry peers (4.9%).最新情報をもっと見るRecent updatesReported Earnings • May 11First quarter 2026 earnings released: EPS: ₫727 (vs ₫972 in 1Q 2025)First quarter 2026 results: EPS: ₫727 (down from ₫972 in 1Q 2025). Revenue: ₫744.4b (down 27% from 1Q 2025). Net income: ₫123.4b (down 25% from 1Q 2025). Profit margin: 17% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 9% per year.Reported Earnings • Apr 04Full year 2025 earnings released: EPS: ₫4,065 (vs ₫4,824 in FY 2024)Full year 2025 results: EPS: ₫4,065 (down from ₫4,824 in FY 2024). Revenue: ₫4.13t (down 4.5% from FY 2024). Net income: ₫694.5b (down 10.0% from FY 2024). Profit margin: 17% (down from 18% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 7% per year.Buy Or Sell Opportunity • Apr 01Now 23% overvaluedOver the last 90 days, the stock has fallen 4.0% to ₫41,100. The fair value is estimated to be ₫33,541, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 16%.Buy Or Sell Opportunity • Mar 10Now 23% overvaluedOver the last 90 days, the stock has fallen 13% to ₫41,000. The fair value is estimated to be ₫33,382, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 16%.お知らせ • Feb 10Vicostone Joint Stock Company, Annual General Meeting, Apr 10, 2026Vicostone Joint Stock Company, Annual General Meeting, Apr 10, 2026. Location: vinstone jsc, hoa lac high-tech park, hoa lac commune, hanoi VietnamUpcoming Dividend • Dec 09Upcoming dividend of ₫1,800 per shareEligible shareholders must have bought the stock before 16 December 2025. Payment date: 25 December 2025. Payout ratio is a comfortable 49% and the cash payout ratio is 83%. Trailing yield: 7.5%. Within top quartile of Vietnamese dividend payers (7.5%). Higher than average of industry peers (4.9%).Reported Earnings • Nov 05Third quarter 2025 earnings released: EPS: ₫794 (vs ₫959 in 3Q 2024)Third quarter 2025 results: EPS: ₫794 (down from ₫959 in 3Q 2024). Revenue: ₫924.9b (down 4.8% from 3Q 2024). Net income: ₫134.6b (down 17% from 3Q 2024). Profit margin: 15% (down from 17% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Reported Earnings • Aug 05Second quarter 2025 earnings released: EPS: ₫1,206 (vs ₫1,505 in 2Q 2024)Second quarter 2025 results: EPS: ₫1,206 (down from ₫1,505 in 2Q 2024). Revenue: ₫1.12t (down 4.8% from 2Q 2024). Net income: ₫210.1b (down 16% from 2Q 2024). Profit margin: 19% (down from 21% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.New Risk • Apr 10New 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 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.2% average weekly change).Reported Earnings • Apr 08Full year 2024 earnings released: EPS: ₫4,824 (vs ₫5,041 in FY 2023)Full year 2024 results: EPS: ₫4,824 (down from ₫5,041 in FY 2023). Revenue: ₫4.32t (flat on FY 2023). Net income: ₫771.8b (down 4.3% from FY 2023). Profit margin: 18% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 29% per year whereas the company’s share price has fallen by 27% per year.Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₫47,200, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 16x in the Basic Materials industry in Asia. Total loss to shareholders of 49% over the past three years.お知らせ • Feb 20Vicostone Joint Stock Company, Annual General Meeting, Apr 10, 2025Vicostone Joint Stock Company, Annual General Meeting, Apr 10, 2025. Location: vicostone joint stock company, hoa lac high-tech park, thach hoa commune, thach that district, hanoi VietnamReported Earnings • Feb 07Full year 2024 earnings released: EPS: ₫4,824 (vs ₫5,041 in FY 2023)Full year 2024 results: EPS: ₫4,824. Revenue: ₫4.32t (flat on FY 2023). Net income: ₫807.1b (flat on FY 2023). Profit margin: 19% (in line with FY 2023).Reported Earnings • Nov 03Third quarter 2024 earnings released: EPS: ₫959 (vs ₫1,149 in 3Q 2023)Third quarter 2024 results: EPS: ₫959 (down from ₫1,149 in 3Q 2023). Revenue: ₫971.6b (down 5.5% from 3Q 2023). Net income: ₫161.9b (down 17% from 3Q 2023). Profit margin: 17% (down from 19% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: ₫1,505 (vs ₫1,343 in 2Q 2023)Second quarter 2024 results: EPS: ₫1,505 (up from ₫1,343 in 2Q 2023). Revenue: ₫1.17t (up 3.2% from 2Q 2023). Net income: ₫251.2b (up 12% from 2Q 2023). Profit margin: 21% (up from 20% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.New Risk • Jul 01New 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 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.3% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.2% average weekly change).Valuation Update With 7 Day Price Move • Jun 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₫79,000, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 12x in the Basic Materials industry in Vietnam. Total loss to shareholders of 4.9% over the past three years.Reported Earnings • May 07First quarter 2024 earnings released: EPS: ₫1,227 (vs ₫1,138 in 1Q 2023)First quarter 2024 results: EPS: ₫1,227 (up from ₫1,138 in 1Q 2023). Revenue: ₫1.07t (up 3.9% from 1Q 2023). Net income: ₫204.7b (up 7.7% from 1Q 2023). Profit margin: 19% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Reported Earnings • Feb 02Full year 2023 earnings released: EPS: ₫5,041 (vs ₫6,425 in FY 2022)Full year 2023 results: EPS: ₫5,041 (down from ₫6,425 in FY 2022). Revenue: ₫4.35t (down 23% from FY 2022). Net income: ₫846.4b (down 18% from FY 2022). Profit margin: 19% (up from 18% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Buying Opportunity • Jan 17Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 5.4%. The fair value is estimated to be ₫68,468, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.1% over the last 3 years. Earnings per share has declined by 19%.Buying Opportunity • Dec 13Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be ₫69,101, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.1% over the last 3 years. Earnings per share has declined by 19%.Buying Opportunity • Nov 13Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be ₫70,530, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.1% over the last 3 years. Earnings per share has declined by 19%.Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: ₫1,149 (vs ₫1,129 in 3Q 2022)Third quarter 2023 results: EPS: ₫1,149. Revenue: ₫1.03t (down 6.1% from 3Q 2022). Net income: ₫194.9b (down 3.1% from 3Q 2022). Profit margin: 19% (in line with 3Q 2022).Buying Opportunity • Oct 19Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 9.5%. The fair value is estimated to be ₫72,721, however this is not to be taken as a buy 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 11%.Reported Earnings • Jul 29Second quarter 2023 earnings released: EPS: ₫1,343 (vs ₫2,062 in 2Q 2022)Second quarter 2023 results: EPS: ₫1,343 (down from ₫2,062 in 2Q 2022). Revenue: ₫1.14t (down 34% from 2Q 2022). Net income: ₫224.4b (down 39% from 2Q 2022). Profit margin: 20% (down from 21% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Reported Earnings • May 10First quarter 2023 earnings released: EPS: ₫1,138 (vs ₫2,069 in 1Q 2022)First quarter 2023 results: EPS: ₫1,138 (down from ₫2,069 in 1Q 2022). Revenue: ₫1.03t (down 36% from 1Q 2022). Net income: ₫190.1b (down 49% from 1Q 2022). Profit margin: 18% (down from 23% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 9% per year.Buying Opportunity • Apr 13Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 7.2%. The fair value is estimated to be ₫64,878, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years, while earnings per share has been flat.Reported Earnings • Feb 08Full year 2022 earnings released: EPS: ₫6,425 (vs ₫9,892 in FY 2021)Full year 2022 results: EPS: ₫6,425 (down from ₫9,892 in FY 2021). Revenue: ₫5.66t (down 21% from FY 2021). Net income: ₫1.15t (down 27% from FY 2021). Profit margin: 20% (down from 22% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₫59,400, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 12x in the Basic Materials industry in Asia. Total loss to shareholders of 11% over the past three years.Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improved over the past weekAfter last week's 18% share price gain to ₫53,300, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 11x in the Basic Materials industry in Asia. Total loss to shareholders of 21% over the past three years.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. 6 experienced directors. 2 highly experienced directors. No independent directors (6 non-independent directors). GM & Director Pham Tuan was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Nov 10Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₫42,600, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 11x in the Basic Materials industry in Asia. Total loss to shareholders of 43% over the past three years.Reported Earnings • Nov 02Third quarter 2022 earnings released: EPS: ₫1,129 (vs ₫2,697 in 3Q 2021)Third quarter 2022 results: EPS: ₫1,129 (down from ₫2,697 in 3Q 2021). Revenue: ₫1.10t (down 41% from 3Q 2021). Net income: ₫201.2b (down 59% from 3Q 2021). Profit margin: 18% (down from 26% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Oct 24Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₫47,700, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 11x in the Basic Materials industry in Asia. Total loss to shareholders of 38% over the past three years.Reported Earnings • Aug 04Second quarter 2022 earnings released: EPS: ₫2,062 (vs ₫2,516 in 2Q 2021)Second quarter 2022 results: EPS: ₫2,062 (down from ₫2,516 in 2Q 2021). Revenue: ₫1.73t (down 3.8% from 2Q 2021). Net income: ₫369.7b (down 18% from 2Q 2021). Profit margin: 21% (down from 25% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Reported Earnings • May 05First quarter 2022 earnings released: EPS: ₫2,069 (vs ₫2,067 in 1Q 2021)First quarter 2022 results: EPS: ₫2,069 (up from ₫2,067 in 1Q 2021). Revenue: ₫1.61t (up 3.9% from 1Q 2021). Net income: ₫371.0b (flat on 1Q 2021). Profit margin: 23% (in line with 1Q 2021). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.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). GM & Director Pham Tuan was the last director to join the board, commencing their role in 2016. 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 • Feb 08Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: ₫9,890 (up from ₫8,251 in FY 2020). Revenue: ₫7.07t (up 25% from FY 2020). Net income: ₫1.77t (up 34% from FY 2020). Profit margin: 25% (up from 23% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 7.6%. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Jul 29Second quarter 2021 earnings released: EPS ₫2,516 (vs ₫1,521 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₫1.79t (up 59% from 2Q 2020). Net income: ₫448.5b (up 75% from 2Q 2020). Profit margin: 25% (up from 23% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 12% per year.Upcoming Dividend • Jun 07Upcoming dividend of ₫2,000 per shareEligible shareholders must have bought the stock before 14 June 2021. Payment date: 23 June 2021. Trailing yield: 5.8%. Lower than top quartile of Vietnamese dividend payers (7.7%). Lower than average of industry peers (6.5%).Reported Earnings • May 06First quarter 2021 earnings released: EPS ₫2,067 (vs ₫1,700 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₫1.55t (up 13% from 1Q 2020). Net income: ₫370.8b (up 22% from 1Q 2020). Profit margin: 24% (up from 22% in 1Q 2020). 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 fallen by 5% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 27Full year 2020 earnings released: EPS ₫8,004 (vs ₫7,870 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ₫5.66t (up 1.7% from FY 2019). Net income: ₫1.43t (up 10.0% from FY 2019). Profit margin: 25% (up from 23% in FY 2019). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Mar 10New 90-day high: ₫90,700The company is up 17% from its price of ₫77,796 on 10 December 2020. The Vietnamese market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 16% over the same period.Reported Earnings • Jan 30Full year 2020 earnings released: EPS ₫8,251 (vs ₫7,870 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ₫5.66t (up 1.7% from FY 2019). Net income: ₫1.43t (up 10.0% from FY 2019). Profit margin: 25% (up from 23% in FY 2019). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Jan 28Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₫70,300, the stock is trading at a trailing P/E ratio of 9.2x, down from the previous P/E ratio of 11.1x. This compares to an average P/E of 9x in the Basic Materials industry in Vietnam. Total return to shareholders over the past three years is a loss of 23%.Is New 90 Day High Low • Jan 11New 90-day high: ₫91,300The company is up 20% from its price of ₫76,200 on 13 October 2020. The Vietnamese market is up 24% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Basic Materials industry, which is up 16% over the same period.Is New 90 Day High Low • Dec 14New 90-day high: ₫82,000The company is up 21% from its price of ₫67,800 on 15 September 2020. The Vietnamese market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 14% over the same period.Is New 90 Day High Low • Nov 19New 90-day high: ₫79,200The company is up 25% from its price of ₫63,600 on 21 August 2020. The Vietnamese market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 19% over the same period.Reported Earnings • Nov 04Third quarter 2020 earnings released: EPS ₫2,392The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ₫1.51t (up 2.2% from 3Q 2019). Net income: ₫402.7b (up 15% from 3Q 2019). Profit margin: 27% (up from 24% in 3Q 2019). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Sep 30New 90-day high: ₫73,200The company is up 18% from its price of ₫62,000 on 02 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 Basic Materials industry, which is up 8.0% over the same period.株主還元VCSVN Basic MaterialsVN 市場7D-1.8%-4.5%0.6%1Y-18.6%0.9%43.8%株主還元を見る業界別リターン: VCS過去 1 年間で0.9 % の収益を上げたVN Basic Materials業界を下回りました。リターン対市場: VCSは、過去 1 年間で43.8 % のリターンを上げたVN市場を下回りました。価格変動Is VCS's price volatile compared to industry and market?VCS volatilityVCS Average Weekly Movement3.9%Basic Materials Industry Average Movement4.3%Market Average Movement5.1%10% most volatile stocks in VN Market8.1%10% least volatile stocks in VN Market2.9%安定した株価: VCS 、 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: VCSの 週次ボラティリティ ( 4% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト2002841Pham Dungwww.vicostone.comビコストーン・ジョイントストック・カンパニーは、石英ベースの人工石材をアジアおよび国際的に製造・販売している。同社の製品は、キッチンカウンター、洗面台、壁パネル、フローリングなどのインテリア用途に使用されている。同社は2002年に設立され、ベトナムのハノイに本社を置く。もっと見るVicostone Joint Stock Company 基礎のまとめVicostone の収益と売上を時価総額と比較するとどうか。VCS 基礎統計学時価総額₫6.16t収益（TTM）₫609.24b売上高(TTM)₫3.86t10.1xPER（株価収益率1.6xP/SレシオVCS 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VCS 損益計算書（TTM）収益₫3.86t売上原価₫2.84t売上総利益₫1.02tその他の費用₫406.86b収益₫609.24b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）3.81kグロス・マージン26.36%純利益率15.80%有利子負債／自己資本比率12.3%VCS 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9.4%現在の配当利回り100%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2026/05/20 02:46終値2026/05/20 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Vicostone Joint Stock Company 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Minh PhamBIDV Securities Joint Stock Company
Reported Earnings • May 11First quarter 2026 earnings released: EPS: ₫727 (vs ₫972 in 1Q 2025)First quarter 2026 results: EPS: ₫727 (down from ₫972 in 1Q 2025). Revenue: ₫744.4b (down 27% from 1Q 2025). Net income: ₫123.4b (down 25% from 1Q 2025). Profit margin: 17% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 9% per year.
Reported Earnings • Apr 04Full year 2025 earnings released: EPS: ₫4,065 (vs ₫4,824 in FY 2024)Full year 2025 results: EPS: ₫4,065 (down from ₫4,824 in FY 2024). Revenue: ₫4.13t (down 4.5% from FY 2024). Net income: ₫694.5b (down 10.0% from FY 2024). Profit margin: 17% (down from 18% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 7% per year.
Buy Or Sell Opportunity • Apr 01Now 23% overvaluedOver the last 90 days, the stock has fallen 4.0% to ₫41,100. The fair value is estimated to be ₫33,541, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 16%.
Buy Or Sell Opportunity • Mar 10Now 23% overvaluedOver the last 90 days, the stock has fallen 13% to ₫41,000. The fair value is estimated to be ₫33,382, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 16%.
お知らせ • Feb 10Vicostone Joint Stock Company, Annual General Meeting, Apr 10, 2026Vicostone Joint Stock Company, Annual General Meeting, Apr 10, 2026. Location: vinstone jsc, hoa lac high-tech park, hoa lac commune, hanoi Vietnam
Upcoming Dividend • Dec 09Upcoming dividend of ₫1,800 per shareEligible shareholders must have bought the stock before 16 December 2025. Payment date: 25 December 2025. Payout ratio is a comfortable 49% and the cash payout ratio is 83%. Trailing yield: 7.5%. Within top quartile of Vietnamese dividend payers (7.5%). Higher than average of industry peers (4.9%).
Reported Earnings • May 11First quarter 2026 earnings released: EPS: ₫727 (vs ₫972 in 1Q 2025)First quarter 2026 results: EPS: ₫727 (down from ₫972 in 1Q 2025). Revenue: ₫744.4b (down 27% from 1Q 2025). Net income: ₫123.4b (down 25% from 1Q 2025). Profit margin: 17% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 9% per year.
Reported Earnings • Apr 04Full year 2025 earnings released: EPS: ₫4,065 (vs ₫4,824 in FY 2024)Full year 2025 results: EPS: ₫4,065 (down from ₫4,824 in FY 2024). Revenue: ₫4.13t (down 4.5% from FY 2024). Net income: ₫694.5b (down 10.0% from FY 2024). Profit margin: 17% (down from 18% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 7% per year.
Buy Or Sell Opportunity • Apr 01Now 23% overvaluedOver the last 90 days, the stock has fallen 4.0% to ₫41,100. The fair value is estimated to be ₫33,541, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 16%.
Buy Or Sell Opportunity • Mar 10Now 23% overvaluedOver the last 90 days, the stock has fallen 13% to ₫41,000. The fair value is estimated to be ₫33,382, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 16%.
お知らせ • Feb 10Vicostone Joint Stock Company, Annual General Meeting, Apr 10, 2026Vicostone Joint Stock Company, Annual General Meeting, Apr 10, 2026. Location: vinstone jsc, hoa lac high-tech park, hoa lac commune, hanoi Vietnam
Upcoming Dividend • Dec 09Upcoming dividend of ₫1,800 per shareEligible shareholders must have bought the stock before 16 December 2025. Payment date: 25 December 2025. Payout ratio is a comfortable 49% and the cash payout ratio is 83%. Trailing yield: 7.5%. Within top quartile of Vietnamese dividend payers (7.5%). Higher than average of industry peers (4.9%).
Reported Earnings • Nov 05Third quarter 2025 earnings released: EPS: ₫794 (vs ₫959 in 3Q 2024)Third quarter 2025 results: EPS: ₫794 (down from ₫959 in 3Q 2024). Revenue: ₫924.9b (down 4.8% from 3Q 2024). Net income: ₫134.6b (down 17% from 3Q 2024). Profit margin: 15% (down from 17% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 05Second quarter 2025 earnings released: EPS: ₫1,206 (vs ₫1,505 in 2Q 2024)Second quarter 2025 results: EPS: ₫1,206 (down from ₫1,505 in 2Q 2024). Revenue: ₫1.12t (down 4.8% from 2Q 2024). Net income: ₫210.1b (down 16% from 2Q 2024). Profit margin: 19% (down from 21% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
New Risk • Apr 10New 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 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.2% average weekly change).
Reported Earnings • Apr 08Full year 2024 earnings released: EPS: ₫4,824 (vs ₫5,041 in FY 2023)Full year 2024 results: EPS: ₫4,824 (down from ₫5,041 in FY 2023). Revenue: ₫4.32t (flat on FY 2023). Net income: ₫771.8b (down 4.3% from FY 2023). Profit margin: 18% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 29% per year whereas the company’s share price has fallen by 27% per year.
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₫47,200, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 16x in the Basic Materials industry in Asia. Total loss to shareholders of 49% over the past three years.
お知らせ • Feb 20Vicostone Joint Stock Company, Annual General Meeting, Apr 10, 2025Vicostone Joint Stock Company, Annual General Meeting, Apr 10, 2025. Location: vicostone joint stock company, hoa lac high-tech park, thach hoa commune, thach that district, hanoi Vietnam
Reported Earnings • Feb 07Full year 2024 earnings released: EPS: ₫4,824 (vs ₫5,041 in FY 2023)Full year 2024 results: EPS: ₫4,824. Revenue: ₫4.32t (flat on FY 2023). Net income: ₫807.1b (flat on FY 2023). Profit margin: 19% (in line with FY 2023).
Reported Earnings • Nov 03Third quarter 2024 earnings released: EPS: ₫959 (vs ₫1,149 in 3Q 2023)Third quarter 2024 results: EPS: ₫959 (down from ₫1,149 in 3Q 2023). Revenue: ₫971.6b (down 5.5% from 3Q 2023). Net income: ₫161.9b (down 17% from 3Q 2023). Profit margin: 17% (down from 19% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: ₫1,505 (vs ₫1,343 in 2Q 2023)Second quarter 2024 results: EPS: ₫1,505 (up from ₫1,343 in 2Q 2023). Revenue: ₫1.17t (up 3.2% from 2Q 2023). Net income: ₫251.2b (up 12% from 2Q 2023). Profit margin: 21% (up from 20% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
New Risk • Jul 01New 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 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.3% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.2% average weekly change).
Valuation Update With 7 Day Price Move • Jun 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₫79,000, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 12x in the Basic Materials industry in Vietnam. Total loss to shareholders of 4.9% over the past three years.
Reported Earnings • May 07First quarter 2024 earnings released: EPS: ₫1,227 (vs ₫1,138 in 1Q 2023)First quarter 2024 results: EPS: ₫1,227 (up from ₫1,138 in 1Q 2023). Revenue: ₫1.07t (up 3.9% from 1Q 2023). Net income: ₫204.7b (up 7.7% from 1Q 2023). Profit margin: 19% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Reported Earnings • Feb 02Full year 2023 earnings released: EPS: ₫5,041 (vs ₫6,425 in FY 2022)Full year 2023 results: EPS: ₫5,041 (down from ₫6,425 in FY 2022). Revenue: ₫4.35t (down 23% from FY 2022). Net income: ₫846.4b (down 18% from FY 2022). Profit margin: 19% (up from 18% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Buying Opportunity • Jan 17Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 5.4%. The fair value is estimated to be ₫68,468, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.1% over the last 3 years. Earnings per share has declined by 19%.
Buying Opportunity • Dec 13Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be ₫69,101, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.1% over the last 3 years. Earnings per share has declined by 19%.
Buying Opportunity • Nov 13Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be ₫70,530, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.1% over the last 3 years. Earnings per share has declined by 19%.
Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: ₫1,149 (vs ₫1,129 in 3Q 2022)Third quarter 2023 results: EPS: ₫1,149. Revenue: ₫1.03t (down 6.1% from 3Q 2022). Net income: ₫194.9b (down 3.1% from 3Q 2022). Profit margin: 19% (in line with 3Q 2022).
Buying Opportunity • Oct 19Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 9.5%. The fair value is estimated to be ₫72,721, however this is not to be taken as a buy 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 11%.
Reported Earnings • Jul 29Second quarter 2023 earnings released: EPS: ₫1,343 (vs ₫2,062 in 2Q 2022)Second quarter 2023 results: EPS: ₫1,343 (down from ₫2,062 in 2Q 2022). Revenue: ₫1.14t (down 34% from 2Q 2022). Net income: ₫224.4b (down 39% from 2Q 2022). Profit margin: 20% (down from 21% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Reported Earnings • May 10First quarter 2023 earnings released: EPS: ₫1,138 (vs ₫2,069 in 1Q 2022)First quarter 2023 results: EPS: ₫1,138 (down from ₫2,069 in 1Q 2022). Revenue: ₫1.03t (down 36% from 1Q 2022). Net income: ₫190.1b (down 49% from 1Q 2022). Profit margin: 18% (down from 23% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 9% per year.
Buying Opportunity • Apr 13Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 7.2%. The fair value is estimated to be ₫64,878, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years, while earnings per share has been flat.
Reported Earnings • Feb 08Full year 2022 earnings released: EPS: ₫6,425 (vs ₫9,892 in FY 2021)Full year 2022 results: EPS: ₫6,425 (down from ₫9,892 in FY 2021). Revenue: ₫5.66t (down 21% from FY 2021). Net income: ₫1.15t (down 27% from FY 2021). Profit margin: 20% (down from 22% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₫59,400, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 12x in the Basic Materials industry in Asia. Total loss to shareholders of 11% over the past three years.
Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improved over the past weekAfter last week's 18% share price gain to ₫53,300, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 11x in the Basic Materials industry in Asia. Total loss to shareholders of 21% over the past three years.
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. 6 experienced directors. 2 highly experienced directors. No independent directors (6 non-independent directors). GM & Director Pham Tuan was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Nov 10Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₫42,600, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 11x in the Basic Materials industry in Asia. Total loss to shareholders of 43% over the past three years.
Reported Earnings • Nov 02Third quarter 2022 earnings released: EPS: ₫1,129 (vs ₫2,697 in 3Q 2021)Third quarter 2022 results: EPS: ₫1,129 (down from ₫2,697 in 3Q 2021). Revenue: ₫1.10t (down 41% from 3Q 2021). Net income: ₫201.2b (down 59% from 3Q 2021). Profit margin: 18% (down from 26% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Oct 24Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₫47,700, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 11x in the Basic Materials industry in Asia. Total loss to shareholders of 38% over the past three years.
Reported Earnings • Aug 04Second quarter 2022 earnings released: EPS: ₫2,062 (vs ₫2,516 in 2Q 2021)Second quarter 2022 results: EPS: ₫2,062 (down from ₫2,516 in 2Q 2021). Revenue: ₫1.73t (down 3.8% from 2Q 2021). Net income: ₫369.7b (down 18% from 2Q 2021). Profit margin: 21% (down from 25% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Reported Earnings • May 05First quarter 2022 earnings released: EPS: ₫2,069 (vs ₫2,067 in 1Q 2021)First quarter 2022 results: EPS: ₫2,069 (up from ₫2,067 in 1Q 2021). Revenue: ₫1.61t (up 3.9% from 1Q 2021). Net income: ₫371.0b (flat on 1Q 2021). Profit margin: 23% (in line with 1Q 2021). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
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). GM & Director Pham Tuan was the last director to join the board, commencing their role in 2016. 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 • Feb 08Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: ₫9,890 (up from ₫8,251 in FY 2020). Revenue: ₫7.07t (up 25% from FY 2020). Net income: ₫1.77t (up 34% from FY 2020). Profit margin: 25% (up from 23% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 7.6%. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Jul 29Second quarter 2021 earnings released: EPS ₫2,516 (vs ₫1,521 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₫1.79t (up 59% from 2Q 2020). Net income: ₫448.5b (up 75% from 2Q 2020). Profit margin: 25% (up from 23% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 12% per year.
Upcoming Dividend • Jun 07Upcoming dividend of ₫2,000 per shareEligible shareholders must have bought the stock before 14 June 2021. Payment date: 23 June 2021. Trailing yield: 5.8%. Lower than top quartile of Vietnamese dividend payers (7.7%). Lower than average of industry peers (6.5%).
Reported Earnings • May 06First quarter 2021 earnings released: EPS ₫2,067 (vs ₫1,700 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₫1.55t (up 13% from 1Q 2020). Net income: ₫370.8b (up 22% from 1Q 2020). Profit margin: 24% (up from 22% in 1Q 2020). 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 fallen by 5% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 27Full year 2020 earnings released: EPS ₫8,004 (vs ₫7,870 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ₫5.66t (up 1.7% from FY 2019). Net income: ₫1.43t (up 10.0% from FY 2019). Profit margin: 25% (up from 23% in FY 2019). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Mar 10New 90-day high: ₫90,700The company is up 17% from its price of ₫77,796 on 10 December 2020. The Vietnamese market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 16% over the same period.
Reported Earnings • Jan 30Full year 2020 earnings released: EPS ₫8,251 (vs ₫7,870 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ₫5.66t (up 1.7% from FY 2019). Net income: ₫1.43t (up 10.0% from FY 2019). Profit margin: 25% (up from 23% in FY 2019). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Jan 28Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₫70,300, the stock is trading at a trailing P/E ratio of 9.2x, down from the previous P/E ratio of 11.1x. This compares to an average P/E of 9x in the Basic Materials industry in Vietnam. Total return to shareholders over the past three years is a loss of 23%.
Is New 90 Day High Low • Jan 11New 90-day high: ₫91,300The company is up 20% from its price of ₫76,200 on 13 October 2020. The Vietnamese market is up 24% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Basic Materials industry, which is up 16% over the same period.
Is New 90 Day High Low • Dec 14New 90-day high: ₫82,000The company is up 21% from its price of ₫67,800 on 15 September 2020. The Vietnamese market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 14% over the same period.
Is New 90 Day High Low • Nov 19New 90-day high: ₫79,200The company is up 25% from its price of ₫63,600 on 21 August 2020. The Vietnamese market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 19% over the same period.
Reported Earnings • Nov 04Third quarter 2020 earnings released: EPS ₫2,392The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ₫1.51t (up 2.2% from 3Q 2019). Net income: ₫402.7b (up 15% from 3Q 2019). Profit margin: 27% (up from 24% in 3Q 2019). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Sep 30New 90-day high: ₫73,200The company is up 18% from its price of ₫62,000 on 02 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 Basic Materials industry, which is up 8.0% over the same period.
