Binh Dien Fertilizer（BFC）株式概要ビンディエン肥料合資会社は、その子会社とともに、ベトナム国内および国際的に肥料製品の製造・販売を行っている。 詳細BFC ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長0/6過去の実績2/6財務の健全性4/6配当金1/6報酬株価収益率（ 10.6 x） VN市場（ 11.1 x）を下回っています。リスク分析VN市場と比較して、過去 3 か月間の株価の変動が非常に大きい負債は営業キャッシュフローで十分にカバーされていない 高いレベルの非現金収入 4.4%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 すべてのリスクチェックを見るBFC 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₫56.80k4.6% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture018t2016201920222025202620282031Revenue ₫17.7tEarnings ₫476.4bAdvancedSet Fair ValueView all narrativesBinh Dien Fertilizer Joint Stock Company 競合他社Vietnam FumigationSymbol: HOSE:VFGMarket cap: ₫1.9tLam Thao Fertilizers & ChemicalsSymbol: HNX:LASMarket cap: ₫1.7tNinh Binh Phosphate FertilizerSymbol: HNX:NFCMarket cap: ₫912.4bVan Dien Fused Magnesium Phosphate FertilizerSymbol: HOSE:VAFMarket cap: ₫843.7b価格と性能株価の高値、安値、推移の概要Binh Dien Fertilizer過去の株価現在の株価₫56,800.0052週高値₫77,900.0052週安値₫39,850.00ベータ1.11ヶ月の変化-12.88%3ヶ月変化-20.00%1年変化25.80%3年間の変化204.56%5年間の変化102.86%IPOからの変化165.21%最新ニュースValuation Update With 7 Day Price Move • May 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₫71,600, the stock trades at a trailing P/E ratio of 14.7x. Average forward P/E is 9x in the Chemicals industry in Vietnam. Total returns to shareholders of 417% over the past three years.Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₫66,600, the stock trades at a trailing P/E ratio of 13.7x. Average forward P/E is 10x in the Chemicals industry in Vietnam. Total returns to shareholders of 408% over the past three years.お知らせ • Apr 07Binh Dien Fertilizer Joint Stock Company, Annual General Meeting, Apr 24, 2026Binh Dien Fertilizer Joint Stock Company, Annual General Meeting, Apr 24, 2026, at 08:30 SE Asia Standard Time. Location: white palace convention center, 194 hoang van thu, due nhuan ward, ho chi minh VietnamValuation Update With 7 Day Price Move • Mar 17Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₫58,200, the stock trades at a trailing P/E ratio of 11.9x. Average forward P/E is 14x in the Chemicals industry in Vietnam. Total returns to shareholders of 341% over the past three years.Reported Earnings • Mar 15Full year 2025 earnings released: EPS: ₫4,878 (vs ₫5,486 in FY 2024)Full year 2025 results: EPS: ₫4,878 (down from ₫5,486 in FY 2024). Revenue: ₫11t (up 13% from FY 2024). Net income: ₫278.9b (down 11% from FY 2024). Profit margin: 2.6% (down from 3.4% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Mar 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Vietnamese stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Paying a dividend despite having no free cash flows. High level of non-cash earnings (49% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (5.8% average weekly change).最新情報をもっと見るRecent updatesValuation Update With 7 Day Price Move • May 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₫71,600, the stock trades at a trailing P/E ratio of 14.7x. Average forward P/E is 9x in the Chemicals industry in Vietnam. Total returns to shareholders of 417% over the past three years.Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₫66,600, the stock trades at a trailing P/E ratio of 13.7x. Average forward P/E is 10x in the Chemicals industry in Vietnam. Total returns to shareholders of 408% over the past three years.お知らせ • Apr 07Binh Dien Fertilizer Joint Stock Company, Annual General Meeting, Apr 24, 2026Binh Dien Fertilizer Joint Stock Company, Annual General Meeting, Apr 24, 2026, at 08:30 SE Asia Standard Time. Location: white palace convention center, 194 hoang van thu, due nhuan ward, ho chi minh VietnamValuation Update With 7 Day Price Move • Mar 17Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₫58,200, the stock trades at a trailing P/E ratio of 11.9x. Average forward P/E is 14x in the Chemicals industry in Vietnam. Total returns to shareholders of 341% over the past three years.Reported Earnings • Mar 15Full year 2025 earnings released: EPS: ₫4,878 (vs ₫5,486 in FY 2024)Full year 2025 results: EPS: ₫4,878 (down from ₫5,486 in FY 2024). Revenue: ₫11t (up 13% from FY 2024). Net income: ₫278.9b (down 11% from FY 2024). Profit margin: 2.6% (down from 3.4% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Mar 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Vietnamese stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Paying a dividend despite having no free cash flows. High level of non-cash earnings (49% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (5.8% average weekly change).Valuation Update With 7 Day Price Move • Feb 25Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₫70,000, the stock trades at a trailing P/E ratio of 14.3x. Average forward P/E is 14x in the Chemicals industry in Vietnam. Total returns to shareholders of 429% over the past three years.Reported Earnings • Feb 04Full year 2025 earnings released: EPS: ₫4,879 (vs ₫5,620 in FY 2024)Full year 2025 results: EPS: ₫4,879 (down from ₫5,620 in FY 2024). Revenue: ₫11t (up 13% from FY 2024). Net income: ₫309.9b (down 3.5% from FY 2024). Profit margin: 2.9% (down from 3.4% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 45% per year whereas the company’s share price has increased by 44% per year.New Risk • Nov 03New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Paying a dividend despite having no free cash flows. High level of non-cash earnings (32% accrual ratio). Minor Risk Market cap is less than US$100m (₫2.61t market cap, or US$99.3m).Reported Earnings • Nov 03Third quarter 2025 earnings released: EPS: ₫963 (vs ₫829 in 3Q 2024)Third quarter 2025 results: EPS: ₫963 (up from ₫829 in 3Q 2024). Revenue: ₫2.06t (up 1.4% from 3Q 2024). Net income: ₫61.2b (up 16% from 3Q 2024). Profit margin: 3.0% (up from 2.6% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Aug 21Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 8.1% to ₫50,800. The fair value is estimated to be ₫41,012, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has grown by 39%.Reported Earnings • Jul 29Second quarter 2025 earnings released: EPS: ₫1.82 (vs ₫2,841 in 2Q 2024)Second quarter 2025 results: EPS: ₫1.82 (down from ₫2,841 in 2Q 2024). Revenue: ₫3.53t (up 21% from 2Q 2024). Net income: ₫115.7b (down 29% from 2Q 2024). Profit margin: 3.3% (down from 5.6% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 23% per year.Declared Dividend • May 28Dividend of ₫2,500 announcedShareholders will receive a dividend of ₫2,500. Ex-date: 11th June 2025 Payment date: 27th June 2025 Dividend yield will be 6.3%, which is higher than the industry average of 5.2%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 40% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 05First quarter 2025 earnings released: EPS: ₫1,458 (vs ₫818 in 1Q 2024)First quarter 2025 results: EPS: ₫1,458 (up from ₫818 in 1Q 2024). Revenue: ₫2.55t (up 32% from 1Q 2024). Net income: ₫92.6b (up 123% from 1Q 2024). Profit margin: 3.6% (up from 2.1% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 10Binh Dien Fertilizer Joint Stock Company, Annual General Meeting, Apr 29, 2025Binh Dien Fertilizer Joint Stock Company, Annual General Meeting, Apr 29, 2025, at 08:30 SE Asia Standard Time. Location: white palace convention center, no.194 hoang van thu street, ward 9, phu nhuan district, ho chi minh VietnamValuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₫35,100, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 11x in the Chemicals industry in Vietnam. Total returns to shareholders of 15% over the past three years.Reported Earnings • Mar 17Full year 2024 earnings released: EPS: ₫5,620 (vs ₫2,082 in FY 2023)Full year 2024 results: EPS: ₫5,620 (up from ₫2,082 in FY 2023). Revenue: ₫9.36t (up 9.0% from FY 2023). Net income: ₫321.3b (up 170% from FY 2023). Profit margin: 3.4% (up from 1.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 13Upcoming dividend of ₫500 per shareEligible shareholders must have bought the stock before 17 December 2024. Payment date: 30 December 2024. Payout ratio is a comfortable 40% and the cash payout ratio is 80%. Trailing yield: 6.6%. Lower than top quartile of Vietnamese dividend payers (8.1%). Higher than average of industry peers (3.8%).Declared Dividend • Nov 29Dividend of ₫500 announcedDividend of ₫500 is the same as last year. Ex-date: 17th December 2024 Payment date: 30th December 2024 Dividend yield will be 6.5%, which is higher than the industry average of 5.2%. Sustainability & Growth Dividend is covered by both earnings (40% earnings payout ratio) and cash flows (80% cash payout ratio). The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 38% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Nov 28Binh Dien Fertilizer Joint Stock Company Approves First Cash Dividend Payment for 2024, Payable on December 30, 2024The Board of Directors of Binh Dien Fertilizer Joint Stock Company approved the plan to pay the first cash dividend payment for 2024 as follows: Record date: December 18, 2024, Exercise ratio: 5%/share (500 dongs/share) and Payment date: December 30, 2024.Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: ₫829 (vs ₫1,272 in 3Q 2023)Third quarter 2024 results: EPS: ₫829 (down from ₫1,272 in 3Q 2023). Revenue: ₫2.03t (down 25% from 3Q 2023). Net income: ₫52.7b (down 35% from 3Q 2023). Profit margin: 2.6% (down from 3.0% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.New Risk • Sep 26New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₫2.42t (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks High level of debt (41% net debt to equity). 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 (6.5% average weekly change). Market cap is less than US$100m (₫2.42t market cap, or US$99.4m).Reported Earnings • Jul 30Second quarter 2024 earnings released: EPS: ₫2,639 (vs ₫781 in 2Q 2023)Second quarter 2024 results: EPS: ₫2,639 (up from ₫781 in 2Q 2023). Revenue: ₫2.92t (up 25% from 2Q 2023). Net income: ₫167.6b (up 275% from 2Q 2023). Profit margin: 5.7% (up from 1.9% in 2Q 2023). The increase in margin was driven by higher revenue. 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 16% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jul 09Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₫43,950, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 18x in the Chemicals industry in Vietnam. Total returns to shareholders of 120% over the past three years.お知らせ • May 29Binh Dien Fertilizer Joint Stock Company Announces Cash Dividend for the Year 2023, Payable on June 28, 2024The Board resolution dated May 24, 2024, the BOD of Binh Dien Fertilizer Joint Stock Company approved the plan to pay the remaining cash dividend for 2023 in the amount of 20%/share VND 2,000 /share. Record date is June 14, 2024. Payment time is June 28, 2024.Declared Dividend • May 26Dividend of ₫2,000 announcedShareholders will receive a dividend of ₫2,000. Ex-date: 13th June 2024 Payment date: 28th June 2024 Dividend yield will be 6.4%, which is higher than the industry average of 5.2%. Sustainability & Growth Dividend is not adequately covered by earnings (92% earnings payout ratio). However, it is well covered by cash flows (15% cash payout ratio). The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 2.1% to bring the payout ratio under control, which is less than the 9.5% EPS growth achieved over the last 5 years.Valuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₫31,750, the stock trades at a trailing P/E ratio of 8.3x. Average forward P/E is 14x in the Chemicals industry in Vietnam. Total returns to shareholders of 98% over the past three years.お知らせ • Apr 06Binh Dien Fertilizer Joint Stock Company, Annual General Meeting, Apr 26, 2024Binh Dien Fertilizer Joint Stock Company, Annual General Meeting, Apr 26, 2024, at 01:30 Coordinated Universal Time. Location: GEM Center, No.08 Nguyen Binh Khiem street, Da Kao ward, district 1, HCMC HCMC VietnamValuation Update With 7 Day Price Move • Mar 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₫31,100, the stock trades at a trailing P/E ratio of 12x. Average forward P/E is 13x in the Chemicals industry in Vietnam. Total returns to shareholders of 83% over the past three years.New Risk • Feb 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 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risks Dividend is not well covered by earnings (95% payout ratio). Share price has been volatile over the past 3 months (5.5% average weekly change). Profit margins are more than 30% lower than last year (1.4% net profit margin). Market cap is less than US$100m (₫1.47t market cap, or US$60.2m).Upcoming Dividend • Dec 20Upcoming dividend of ₫500 per share at 8.1% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 18 January 2024. Payout ratio is on the higher end at 95%, however this is supported by cash flows. Trailing yield: 8.1%. Lower than top quartile of Vietnamese dividend payers (8.9%). Higher than average of industry peers (5.9%).お知らせ • Dec 11Binh Dien Fertilizer Joint Stock Company Announces First Cash Dividend Payment in 2023, Payable on January 18, 2024On 05 December, 2023, the BOD Binh Dien Fertilizer Joint Stock Company approved the record date for the 1st cash dividend payment in 2023 as follows: Exercise ratio: 5% (VND 500 /share); Expected payment amount: VND 28,583,996,500; Record date: December 28, 2023; Payment date: January 18, 2024.Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₫23,300, the stock trades at a trailing P/E ratio of 11.7x. Average forward P/E is 10x in the Chemicals industry in Vietnam. Total returns to shareholders of 87% over the past three years.New Risk • Nov 05New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.4% Last year net profit margin: 2.1% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.4% net profit margin). Market cap is less than US$100m (₫1.13t market cap, or US$46.0m).お知らせ • Oct 20Binh Dien Fertilizer Joint Stock Company Appoints Mr. Phan Van Tam as Deputy CEOBinh Dien Fertilizer Joint Stock Company appointed Mr. Phan Van Tam as Deputy CEO. Effective date: October 17, 2023.Reported Earnings • Aug 01Second quarter 2023 earnings released: EPS: ₫835 (vs ₫928 in 2Q 2022)Second quarter 2023 results: EPS: ₫835 (down from ₫928 in 2Q 2022). Revenue: ₫2.33t (up 29% from 2Q 2022). Net income: ₫53.0b (flat on 2Q 2022). Profit margin: 2.3% (down from 2.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 20% p.a. on average during the next 2 years, while revenues in the Chemicals industry in Vietnam are expected to grow by 1.8%. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.New Risk • Jun 16New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 250% The company is paying a dividend despite having no free cash flows. Dividend yield: 12% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 250% Paying a dividend despite having no free cash flows. Earnings have declined by 0.05% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (0.6% net profit margin). Market cap is less than US$100m (₫949.0b market cap, or US$40.3m).Upcoming Dividend • Jun 08Upcoming dividend of ₫1,400 per share at 6.5% yieldEligible shareholders must have bought the stock before 15 June 2023. Payment date: 30 June 2023. Payout ratio is on the higher end at 84% but the company is not cash flow positive. Trailing yield: 6.5%. Lower than top quartile of Vietnamese dividend payers (8.5%). In line with average of industry peers (6.5%).お知らせ • Jun 01Binh Dien Fertilizer Joint Stock Company Approves Dividend for the Last Phase of 2022, Payable on June 30, 2023The Board of Directors of Binh Dien Fertilizer Joint Stock Company approved to pay for the last phase of 2022 dividend in cash: Record date: June 16, 2023. Payment date: June 30, 2023. Dividend pay-out ratio: 14%/par share (VND 1,400/share).お知らせ • May 06Binh Dien Fertilizer Joint Stock Company Announces Personnel ChangeOn April 29, 2023, Binh Dien Fertilizer Joint Stock Company announced the personnel changes from April 28, 2023, announced Appointment of Mr. Nguyen Bao Ve as Independent member of the BOD and Resignation of Mr. Mai Thanh Phung as Independent member of the BOD.Reported Earnings • Jan 23Full year 2022 earnings released: EPS: ₫2,247 (vs ₫3,457 in FY 2021)Full year 2022 results: EPS: ₫2,247 (down from ₫3,457 in FY 2021). Revenue: ₫8.58t (up 11% from FY 2021). Net income: ₫142.7b (down 28% from FY 2021). Profit margin: 1.7% (down from 2.6% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 17Binh Dien Fertilizer Joint Stock Company Provides Production and Earnings Guidance for the First Quarter and Full Year of 2023Binh Dien Fertilizer Joint Stock Company provided production and earnings guidance for the first quarter and full year of 2023. For the quarter, the company expects production output to be 93,580 tons. Consumption output to be 93,580 tons. Total revenue to be VND 1,354.5 billion. Consolidated profit before tax to be VND 20.4 billion. Separate profit before tax to be VND 15 billion.For the full year, the company expects production output to be 585,570 tons. Consumption output to be 585,570 tons. Total revenue to be VND 7,476.5 billion. Consolidated profit before tax to be VND 220 billion. Separate profit before tax to be VND 155 billion.Upcoming Dividend • Jan 10Upcoming dividend of ₫600 per shareEligible shareholders must have bought the stock before 17 January 2023. Payment date: 10 February 2023. Payout ratio is on the higher end at 80% but the company is not cash flow positive. Trailing yield: 7.0%. Lower than top quartile of Vietnamese dividend payers (9.3%). In line with average of industry peers (6.5%).お知らせ • Dec 14Binh Dien Fertilizer Joint Stock Company Approves Dividend for the First Phase of 2022, Payable on February 10, 2023The Board of Directors of Binh Dien Fertilizer Joint Stock Company approved to pay for the first phase of 2022 dividend in cash: Record date: January 18, 2023; Payment date: February 10, 2023; Dividend pay-out ratio: 6% /par value (VND 600 per share).お知らせ • Nov 25Binh Dien Fertilizer Joint Stock Company Appoints Tran Ngoc Hung from Deputy Head of Financial & Accountant Department to Chief Accountant Cum Head of Financial & Accountant DepartmentBinh Dien Fertilizer Joint Stock Company announced that the appointment of Mr. Tran Ngoc Hung from Deputy Head of financial & Accountant Department to Chief Accountant cum Head of financial & Accountant Department. Effective date is November 22, 2022.Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Chairman of the Board Thieu Nguyen was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Buying Opportunity • Nov 10Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 35%. The fair value is estimated to be ₫20,126, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 39%.お知らせ • Oct 29Binh Dien Fertilizer Joint Stock Company Appoints Mrs. Tran Thi Thanh Thanh as SecretaryBinh Dien Fertilizer Joint Stock Company announced the change in personnel as follows Appointment: Mrs. Tran Thi Thanh Thanh. Former position in the organization: Newly appointed position: Secretary. Effective date October 27, 2022.Buying Opportunity • Oct 24Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 29%. The fair value is estimated to be ₫20,398, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 42%.お知らせ • Oct 19Binh Dien Fertilizer Joint Stock Company Provides Production and Revenue Guidance for the Third Quarter and Nine Months and Fourth Quarter of 2022Binh Dien Fertilizer Joint Stock Company provided production and revenue guidance for the third quarter and nine months and fourth quarter of 2022. For the third quarter, the company expects production output of 125,464 tons.For the nine months, the company expects production output of 400,522 tons.For the third quarter, the company expects total revenue of VND 2,317.4 billion.For the nine months, the company expects total revenue of VND 6,800 billion.For the fourth quarter, the company expects production output of 142,748 tons.For the fourth quarter, the company expects total revenue of VND 1,537 billion.Valuation Update With 7 Day Price Move • Oct 07Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to ₫18,150, the stock trades at a trailing P/E ratio of 5.1x. Average forward P/E is 6x in the Chemicals industry in Vietnam. Total returns to shareholders of 56% over the past three years.お知らせ • Sep 13Binh Dien Fertilizer Joint Stock Company Appoints Tran Ngoc Hung as Deputy Head of Financial & Accountant DepartmentOn September 08, 2022, Binh Dien Fertilizer Joint Stock Company announced the change in personnel as follows: The appointment of Mr. Tran Ngoc Hung as Deputy Head of financial & Accountant Department as from September 08, 2022.お知らせ • Aug 31Binh Dien Fertilizer Joint Stock Company Announces Retirement of Tran Tan Son as CFOBinh Dien Fertilizer Joint Stock Company announced personnel change as follows: Chief Accountant cum CFO Tran Tan Son retires from September 01, 2022.Valuation Update With 7 Day Price Move • Aug 29Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₫27,000, the stock trades at a trailing P/E ratio of 7.5x. Average forward P/E is 8x in the Chemicals industry in Vietnam. Total returns to shareholders of 130% over the past three years.Price Target Changed • Aug 25Price target decreased to ₫25,800Down from ₫31,300, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ₫25,850. Stock is down 25% over the past year. The company posted earnings per share of ₫3,457 last year.Reported Earnings • Aug 03Second quarter 2022 earnings released: EPS: ₫859 (vs ₫956 in 2Q 2021)Second quarter 2022 results: EPS: ₫859. Revenue: ₫1.81t (down 22% from 2Q 2021). Net income: ₫54.6b (flat on 2Q 2021). Profit margin: 3.0% (up from 2.4% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 10% compared to a 6.2% decline forecast for the industry in Vietnam.お知らせ • Jul 07Binh Dien Fertilizer Joint Stock Company Provides Production and Revenue Guidance for the Third Quarter of 2022Binh Dien Fertilizer Joint Stock Company provided production and revenue guidance for the third quarter of 2022. for the quarter, the company expects production output of 153,000 tons.For the quarter, the company expects total revenue of VND 2,365 billion.Valuation Update With 7 Day Price Move • Jun 13Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₫28,350, the stock trades at a trailing P/E ratio of 7.8x. Average forward P/E is 11x in the Chemicals industry in Vietnam. Total returns to shareholders of 69% over the past three years.Upcoming Dividend • Jun 10Upcoming dividend of ₫2,000 per shareEligible shareholders must have bought the stock before 17 June 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 41% but the company is not cash flow positive. Trailing yield: 6.6%. Lower than top quartile of Vietnamese dividend payers (7.3%). Higher than average of industry peers (2.3%).Price Target Changed • Jun 07Price target increased to ₫31,300Up from ₫25,100, the current price target is provided by 1 analyst. New target price is 6.3% below last closing price of ₫33,400. Stock is up 26% over the past year. The company posted earnings per share of ₫3,457 last year.お知らせ • Jun 04Binh Dien Fertilizer Joint Stock Company Approves Cash Dividend for 2021, Payable on June 30, 2022The Board resolution dated May 27, 2022, the BOD of Binh Dien Fertilizer Joint Stock Company approved the record date for 2021 cash dividend payment as follows: Record date: June 20, 2022; Exercise ratio: 20%/share (VND 2,000 per share); Payment date: June 30, 2022.Valuation Update With 7 Day Price Move • May 20Investor sentiment improved over the past weekAfter last week's 18% share price gain to ₫27,700, the stock trades at a trailing P/E ratio of 7.6x. Average forward P/E is 13x in the Chemicals industry in Vietnam. Total returns to shareholders of 63% over the past three years.Reported Earnings • Apr 29First quarter 2022 earnings released: EPS: ₫1,046 (vs ₫873 in 1Q 2021)First quarter 2022 results: EPS: ₫1,046 (up from ₫873 in 1Q 2021). Revenue: ₫2.59t (up 47% from 1Q 2021). Net income: ₫66.4b (up 50% from 1Q 2021). Profit margin: 2.6% (in line with 1Q 2021). Over the next year, revenue is expected to shrink by 29% compared to a 4.9% decline forecast for the industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Director Mai Phung was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 16Binh Dien Fertilizer Joint Stock Company Receives Resignation Letter of Mr. Bui the Chuyen as Member Cum Chairman of BODOn April 13, 2022, Binh Dien Fertilizer Joint Stock Company received the Resignation Letter of Mr. Bui The Chuyen as member cum Chairman of BOD.お知らせ • Apr 10Binh Dien Fertilizer Joint Stock Company, Annual General Meeting, Apr 29, 2022Binh Dien Fertilizer Joint Stock Company, Annual General Meeting, Apr 29, 2022, at 01:30 Coordinated Universal Time. Location: at White Palace, 194 Hoang Van Thu, Phu Nhuan District Ho Chi Minh VietnamValuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₫38,600, the stock trades at a trailing P/E ratio of 11.2x. Average forward P/E is 13x in the Chemicals industry in Vietnam. Total returns to shareholders of 104% over the past three years.Valuation Update With 7 Day Price Move • Mar 24Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₫42,800, the stock trades at a trailing P/E ratio of 12.4x. Average forward P/E is 13x in the Chemicals industry in Vietnam. Total returns to shareholders of 116% over the past three years.Reported Earnings • Mar 11Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: ₫3,457 (up from ₫2,097 in FY 2020). Revenue: ₫7.74t (up 43% from FY 2020). Net income: ₫197.6b (up 65% from FY 2020). Profit margin: 2.6% (up from 2.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.8%. Over the next year, revenue is expected to shrink by 22% compared to a 1.6% growth forecast for the industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 23% per year.Reported Earnings • Jan 28Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: ₫3,459 (up from ₫2,097 in FY 2020). Revenue: ₫7.71t (up 42% from FY 2020). Net income: ₫197.7b (up 65% from FY 2020). Profit margin: 2.6% (up from 2.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 100%. Over the next year, revenue is expected to shrink by 21% compared to a 9.5% growth forecast for the industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Price Target Changed • Nov 11Price target increased to ₫28,330Up from ₫25,100, the current price target is provided by 1 analyst. New target price is 23% below last closing price of ₫36,950. Stock is up 127% over the past year. The company posted earnings per share of ₫2,097 last year.Valuation Update With 7 Day Price Move • Oct 04Investor sentiment improved over the past weekAfter last week's 18% share price gain to ₫36,000, the stock trades at a trailing P/E ratio of 12.3x. Average forward P/E is 13x in the Chemicals industry in Vietnam. Total returns to shareholders of 76% over the past three years.Price Target Changed • Sep 23Price target increased to ₫25,100Up from ₫22,900, the current price target is provided by 1 analyst. New target price is 23% below last closing price of ₫32,800. Stock is up 99% over the past year.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improved over the past weekAfter last week's 23% share price gain to ₫33,450, the stock trades at a trailing P/E ratio of 11.4x. Average forward P/E is 16x in the Chemicals industry in Vietnam. Total returns to shareholders of 71% over the past three years.Reported Earnings • Jul 29Second quarter 2021 earnings released: EPS ₫902 (vs ₫865 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: ₫2.34t (up 41% from 2Q 2020). Net income: ₫57.3b (up 16% from 2Q 2020). Profit margin: 2.5% (down from 3.0% 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 5% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Upcoming Dividend • Jun 11Upcoming dividend of ₫1,500 per shareEligible shareholders must have bought the stock before 17 June 2021. Payment date: 30 June 2021. Trailing yield: 7.1%. Lower than top quartile of Vietnamese dividend payers (7.8%). Higher than average of industry peers (4.5%).Valuation Update With 7 Day Price Move • May 14Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₫24,150, the stock trades at a trailing P/E ratio of 8.2x. Average forward P/E is 15x in the Chemicals industry in Vietnam. Total returns to shareholders of 2.1% over the past three years.Reported Earnings • Mar 20Full year 2020 earnings released: EPS ₫2,097 (vs ₫1,131 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ₫5.42t (down 12% from FY 2019). Net income: ₫119.9b (up 85% from FY 2019). Profit margin: 2.2% (up from 1.1% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 36% 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.Is New 90 Day High Low • Mar 01New 90-day high: ₫18,900The company is up 22% from its price of ₫15,500 on 01 December 2020. The Vietnamese market is up 17% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 27% over the same period.Is New 90 Day High Low • Feb 01New 90-day low: ₫14,700The company is down 6.0% from its price of ₫15,700 on 03 November 2020. The Vietnamese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 29% over the same period.Reported Earnings • Jan 30Full year 2020 earnings released: EPS ₫2,103 (vs ₫1,165 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ₫5.42t (down 12% from FY 2019). Net income: ₫133.6b (up 101% from FY 2019). Profit margin: 2.5% (up from 1.1% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Jan 30Revenue misses expectationsRevenue missed analyst estimates by 0.6%. Over the next year, revenue is forecast to grow 11%, compared to a 4.6% growth forecast for the Chemicals industry in Vietnam.Is New 90 Day High Low • Dec 31New 90-day high: ₫17,450The company is up 3.0% from its price of ₫17,000 on 02 October 2020. The Vietnamese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 9.0% over the same period.Upcoming Dividend • Nov 12Upcoming Dividend of ₫500 Per ShareWill be paid on the 10th of December to those who are registered shareholders by the 19th of November. The trailing yield of 7.4% is below the top quartile of Vietnamese dividend payers (9.2%), but is in line with industry peers (6.9%).Is New 90 Day High Low • Sep 28New 90-day high: ₫17,200The company is up 50% from its price of ₫11,500 on 30 June 2020. The Vietnamese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 16% over the same period.株主還元BFCVN ChemicalsVN 市場7D-4.1%-0.9%-1.3%1Y25.8%6.9%37.0%株主還元を見る業界別リターン: BFC過去 1 年間で6.9 % の収益を上げたVN Chemicals業界を上回りました。リターン対市場: BFCは、過去 1 年間で37 % のリターンを上げたVN市場を下回りました。価格変動Is BFC's price volatile compared to industry and market?BFC volatilityBFC Average Weekly Movement8.2%Chemicals Industry Average Movement5.6%Market Average Movement4.8%10% most volatile stocks in VN Market7.7%10% least volatile stocks in VN Market2.8%安定した株価: BFCの株価は、 VN市場と比較して過去 3 か月間で変動しています。時間の経過による変動: BFCの weekly volatility ( 8% ) は過去 1 年間安定していますが、依然としてVNの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19731,311Dong Ngobinhdien.comビンディエン・ファーティライザー社（Binh Dien Fertilizer Joint Stock Company）は、子会社とともにベトナム国内および海外で肥料製品の製造・販売を行っている。同社の主な製品は、NPK、NPK+TE、特殊肥料、有機肥料、バイオ有機肥料、葉面肥料、バイオ殺虫剤、家畜飼料、水産物などである。また、殺虫剤の製造、加工、包装、肥料、肥料製造設備・技術、農業機械、各種植物・農産物の輸出入も行っている。さらに、住宅やオフィスなどの不動産売買、倉庫の賃貸も行っている。さらに、スポーツや広告活動も行っている。同社は製品を輸出している。ビンディエン肥料合資会社は1973年に設立され、本社はベトナムのホーチミン市にある。もっと見るBinh Dien Fertilizer Joint Stock Company 基礎のまとめBinh Dien Fertilizer の収益と売上を時価総額と比較するとどうか。BFC 基礎統計学時価総額₫3.26t収益（TTM）₫307.32b売上高(TTM)₫11.41t10.6xPER（株価収益率0.3xP/SレシオBFC 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BFC 損益計算書（TTM）収益₫11.41t売上原価₫10.02t売上総利益₫1.39tその他の費用₫1.08t収益₫307.32b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）5.38kグロス・マージン12.17%純利益率2.69%有利子負債／自己資本比率73.3%BFC 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4.4%現在の配当利回り0%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2026/06/08 11:18終値2026/06/08 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Binh Dien Fertilizer Joint Stock Company 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Nga Tran NguyenSSI Securities CorporationHien LeViet Dragon Securities Corporation
Valuation Update With 7 Day Price Move • May 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₫71,600, the stock trades at a trailing P/E ratio of 14.7x. Average forward P/E is 9x in the Chemicals industry in Vietnam. Total returns to shareholders of 417% over the past three years.
Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₫66,600, the stock trades at a trailing P/E ratio of 13.7x. Average forward P/E is 10x in the Chemicals industry in Vietnam. Total returns to shareholders of 408% over the past three years.
お知らせ • Apr 07Binh Dien Fertilizer Joint Stock Company, Annual General Meeting, Apr 24, 2026Binh Dien Fertilizer Joint Stock Company, Annual General Meeting, Apr 24, 2026, at 08:30 SE Asia Standard Time. Location: white palace convention center, 194 hoang van thu, due nhuan ward, ho chi minh Vietnam
Valuation Update With 7 Day Price Move • Mar 17Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₫58,200, the stock trades at a trailing P/E ratio of 11.9x. Average forward P/E is 14x in the Chemicals industry in Vietnam. Total returns to shareholders of 341% over the past three years.
Reported Earnings • Mar 15Full year 2025 earnings released: EPS: ₫4,878 (vs ₫5,486 in FY 2024)Full year 2025 results: EPS: ₫4,878 (down from ₫5,486 in FY 2024). Revenue: ₫11t (up 13% from FY 2024). Net income: ₫278.9b (down 11% from FY 2024). Profit margin: 2.6% (down from 3.4% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Mar 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Vietnamese stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Paying a dividend despite having no free cash flows. High level of non-cash earnings (49% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (5.8% average weekly change).
Valuation Update With 7 Day Price Move • May 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₫71,600, the stock trades at a trailing P/E ratio of 14.7x. Average forward P/E is 9x in the Chemicals industry in Vietnam. Total returns to shareholders of 417% over the past three years.
Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₫66,600, the stock trades at a trailing P/E ratio of 13.7x. Average forward P/E is 10x in the Chemicals industry in Vietnam. Total returns to shareholders of 408% over the past three years.
お知らせ • Apr 07Binh Dien Fertilizer Joint Stock Company, Annual General Meeting, Apr 24, 2026Binh Dien Fertilizer Joint Stock Company, Annual General Meeting, Apr 24, 2026, at 08:30 SE Asia Standard Time. Location: white palace convention center, 194 hoang van thu, due nhuan ward, ho chi minh Vietnam
Valuation Update With 7 Day Price Move • Mar 17Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₫58,200, the stock trades at a trailing P/E ratio of 11.9x. Average forward P/E is 14x in the Chemicals industry in Vietnam. Total returns to shareholders of 341% over the past three years.
Reported Earnings • Mar 15Full year 2025 earnings released: EPS: ₫4,878 (vs ₫5,486 in FY 2024)Full year 2025 results: EPS: ₫4,878 (down from ₫5,486 in FY 2024). Revenue: ₫11t (up 13% from FY 2024). Net income: ₫278.9b (down 11% from FY 2024). Profit margin: 2.6% (down from 3.4% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Mar 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Vietnamese stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Paying a dividend despite having no free cash flows. High level of non-cash earnings (49% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (5.8% average weekly change).
Valuation Update With 7 Day Price Move • Feb 25Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₫70,000, the stock trades at a trailing P/E ratio of 14.3x. Average forward P/E is 14x in the Chemicals industry in Vietnam. Total returns to shareholders of 429% over the past three years.
Reported Earnings • Feb 04Full year 2025 earnings released: EPS: ₫4,879 (vs ₫5,620 in FY 2024)Full year 2025 results: EPS: ₫4,879 (down from ₫5,620 in FY 2024). Revenue: ₫11t (up 13% from FY 2024). Net income: ₫309.9b (down 3.5% from FY 2024). Profit margin: 2.9% (down from 3.4% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 45% per year whereas the company’s share price has increased by 44% per year.
New Risk • Nov 03New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Paying a dividend despite having no free cash flows. High level of non-cash earnings (32% accrual ratio). Minor Risk Market cap is less than US$100m (₫2.61t market cap, or US$99.3m).
Reported Earnings • Nov 03Third quarter 2025 earnings released: EPS: ₫963 (vs ₫829 in 3Q 2024)Third quarter 2025 results: EPS: ₫963 (up from ₫829 in 3Q 2024). Revenue: ₫2.06t (up 1.4% from 3Q 2024). Net income: ₫61.2b (up 16% from 3Q 2024). Profit margin: 3.0% (up from 2.6% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Aug 21Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 8.1% to ₫50,800. The fair value is estimated to be ₫41,012, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has grown by 39%.
Reported Earnings • Jul 29Second quarter 2025 earnings released: EPS: ₫1.82 (vs ₫2,841 in 2Q 2024)Second quarter 2025 results: EPS: ₫1.82 (down from ₫2,841 in 2Q 2024). Revenue: ₫3.53t (up 21% from 2Q 2024). Net income: ₫115.7b (down 29% from 2Q 2024). Profit margin: 3.3% (down from 5.6% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 23% per year.
Declared Dividend • May 28Dividend of ₫2,500 announcedShareholders will receive a dividend of ₫2,500. Ex-date: 11th June 2025 Payment date: 27th June 2025 Dividend yield will be 6.3%, which is higher than the industry average of 5.2%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 40% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 05First quarter 2025 earnings released: EPS: ₫1,458 (vs ₫818 in 1Q 2024)First quarter 2025 results: EPS: ₫1,458 (up from ₫818 in 1Q 2024). Revenue: ₫2.55t (up 32% from 1Q 2024). Net income: ₫92.6b (up 123% from 1Q 2024). Profit margin: 3.6% (up from 2.1% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 10Binh Dien Fertilizer Joint Stock Company, Annual General Meeting, Apr 29, 2025Binh Dien Fertilizer Joint Stock Company, Annual General Meeting, Apr 29, 2025, at 08:30 SE Asia Standard Time. Location: white palace convention center, no.194 hoang van thu street, ward 9, phu nhuan district, ho chi minh Vietnam
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₫35,100, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 11x in the Chemicals industry in Vietnam. Total returns to shareholders of 15% over the past three years.
Reported Earnings • Mar 17Full year 2024 earnings released: EPS: ₫5,620 (vs ₫2,082 in FY 2023)Full year 2024 results: EPS: ₫5,620 (up from ₫2,082 in FY 2023). Revenue: ₫9.36t (up 9.0% from FY 2023). Net income: ₫321.3b (up 170% from FY 2023). Profit margin: 3.4% (up from 1.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 13Upcoming dividend of ₫500 per shareEligible shareholders must have bought the stock before 17 December 2024. Payment date: 30 December 2024. Payout ratio is a comfortable 40% and the cash payout ratio is 80%. Trailing yield: 6.6%. Lower than top quartile of Vietnamese dividend payers (8.1%). Higher than average of industry peers (3.8%).
Declared Dividend • Nov 29Dividend of ₫500 announcedDividend of ₫500 is the same as last year. Ex-date: 17th December 2024 Payment date: 30th December 2024 Dividend yield will be 6.5%, which is higher than the industry average of 5.2%. Sustainability & Growth Dividend is covered by both earnings (40% earnings payout ratio) and cash flows (80% cash payout ratio). The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 38% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Nov 28Binh Dien Fertilizer Joint Stock Company Approves First Cash Dividend Payment for 2024, Payable on December 30, 2024The Board of Directors of Binh Dien Fertilizer Joint Stock Company approved the plan to pay the first cash dividend payment for 2024 as follows: Record date: December 18, 2024, Exercise ratio: 5%/share (500 dongs/share) and Payment date: December 30, 2024.
Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: ₫829 (vs ₫1,272 in 3Q 2023)Third quarter 2024 results: EPS: ₫829 (down from ₫1,272 in 3Q 2023). Revenue: ₫2.03t (down 25% from 3Q 2023). Net income: ₫52.7b (down 35% from 3Q 2023). Profit margin: 2.6% (down from 3.0% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
New Risk • Sep 26New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₫2.42t (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks High level of debt (41% net debt to equity). 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 (6.5% average weekly change). Market cap is less than US$100m (₫2.42t market cap, or US$99.4m).
Reported Earnings • Jul 30Second quarter 2024 earnings released: EPS: ₫2,639 (vs ₫781 in 2Q 2023)Second quarter 2024 results: EPS: ₫2,639 (up from ₫781 in 2Q 2023). Revenue: ₫2.92t (up 25% from 2Q 2023). Net income: ₫167.6b (up 275% from 2Q 2023). Profit margin: 5.7% (up from 1.9% in 2Q 2023). The increase in margin was driven by higher revenue. 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 16% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jul 09Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₫43,950, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 18x in the Chemicals industry in Vietnam. Total returns to shareholders of 120% over the past three years.
お知らせ • May 29Binh Dien Fertilizer Joint Stock Company Announces Cash Dividend for the Year 2023, Payable on June 28, 2024The Board resolution dated May 24, 2024, the BOD of Binh Dien Fertilizer Joint Stock Company approved the plan to pay the remaining cash dividend for 2023 in the amount of 20%/share VND 2,000 /share. Record date is June 14, 2024. Payment time is June 28, 2024.
Declared Dividend • May 26Dividend of ₫2,000 announcedShareholders will receive a dividend of ₫2,000. Ex-date: 13th June 2024 Payment date: 28th June 2024 Dividend yield will be 6.4%, which is higher than the industry average of 5.2%. Sustainability & Growth Dividend is not adequately covered by earnings (92% earnings payout ratio). However, it is well covered by cash flows (15% cash payout ratio). The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 2.1% to bring the payout ratio under control, which is less than the 9.5% EPS growth achieved over the last 5 years.
Valuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₫31,750, the stock trades at a trailing P/E ratio of 8.3x. Average forward P/E is 14x in the Chemicals industry in Vietnam. Total returns to shareholders of 98% over the past three years.
お知らせ • Apr 06Binh Dien Fertilizer Joint Stock Company, Annual General Meeting, Apr 26, 2024Binh Dien Fertilizer Joint Stock Company, Annual General Meeting, Apr 26, 2024, at 01:30 Coordinated Universal Time. Location: GEM Center, No.08 Nguyen Binh Khiem street, Da Kao ward, district 1, HCMC HCMC Vietnam
Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₫31,100, the stock trades at a trailing P/E ratio of 12x. Average forward P/E is 13x in the Chemicals industry in Vietnam. Total returns to shareholders of 83% over the past three years.
New Risk • Feb 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 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risks Dividend is not well covered by earnings (95% payout ratio). Share price has been volatile over the past 3 months (5.5% average weekly change). Profit margins are more than 30% lower than last year (1.4% net profit margin). Market cap is less than US$100m (₫1.47t market cap, or US$60.2m).
Upcoming Dividend • Dec 20Upcoming dividend of ₫500 per share at 8.1% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 18 January 2024. Payout ratio is on the higher end at 95%, however this is supported by cash flows. Trailing yield: 8.1%. Lower than top quartile of Vietnamese dividend payers (8.9%). Higher than average of industry peers (5.9%).
お知らせ • Dec 11Binh Dien Fertilizer Joint Stock Company Announces First Cash Dividend Payment in 2023, Payable on January 18, 2024On 05 December, 2023, the BOD Binh Dien Fertilizer Joint Stock Company approved the record date for the 1st cash dividend payment in 2023 as follows: Exercise ratio: 5% (VND 500 /share); Expected payment amount: VND 28,583,996,500; Record date: December 28, 2023; Payment date: January 18, 2024.
Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₫23,300, the stock trades at a trailing P/E ratio of 11.7x. Average forward P/E is 10x in the Chemicals industry in Vietnam. Total returns to shareholders of 87% over the past three years.
New Risk • Nov 05New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.4% Last year net profit margin: 2.1% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.4% net profit margin). Market cap is less than US$100m (₫1.13t market cap, or US$46.0m).
お知らせ • Oct 20Binh Dien Fertilizer Joint Stock Company Appoints Mr. Phan Van Tam as Deputy CEOBinh Dien Fertilizer Joint Stock Company appointed Mr. Phan Van Tam as Deputy CEO. Effective date: October 17, 2023.
Reported Earnings • Aug 01Second quarter 2023 earnings released: EPS: ₫835 (vs ₫928 in 2Q 2022)Second quarter 2023 results: EPS: ₫835 (down from ₫928 in 2Q 2022). Revenue: ₫2.33t (up 29% from 2Q 2022). Net income: ₫53.0b (flat on 2Q 2022). Profit margin: 2.3% (down from 2.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 20% p.a. on average during the next 2 years, while revenues in the Chemicals industry in Vietnam are expected to grow by 1.8%. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
New Risk • Jun 16New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 250% The company is paying a dividend despite having no free cash flows. Dividend yield: 12% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 250% Paying a dividend despite having no free cash flows. Earnings have declined by 0.05% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (0.6% net profit margin). Market cap is less than US$100m (₫949.0b market cap, or US$40.3m).
Upcoming Dividend • Jun 08Upcoming dividend of ₫1,400 per share at 6.5% yieldEligible shareholders must have bought the stock before 15 June 2023. Payment date: 30 June 2023. Payout ratio is on the higher end at 84% but the company is not cash flow positive. Trailing yield: 6.5%. Lower than top quartile of Vietnamese dividend payers (8.5%). In line with average of industry peers (6.5%).
お知らせ • Jun 01Binh Dien Fertilizer Joint Stock Company Approves Dividend for the Last Phase of 2022, Payable on June 30, 2023The Board of Directors of Binh Dien Fertilizer Joint Stock Company approved to pay for the last phase of 2022 dividend in cash: Record date: June 16, 2023. Payment date: June 30, 2023. Dividend pay-out ratio: 14%/par share (VND 1,400/share).
お知らせ • May 06Binh Dien Fertilizer Joint Stock Company Announces Personnel ChangeOn April 29, 2023, Binh Dien Fertilizer Joint Stock Company announced the personnel changes from April 28, 2023, announced Appointment of Mr. Nguyen Bao Ve as Independent member of the BOD and Resignation of Mr. Mai Thanh Phung as Independent member of the BOD.
Reported Earnings • Jan 23Full year 2022 earnings released: EPS: ₫2,247 (vs ₫3,457 in FY 2021)Full year 2022 results: EPS: ₫2,247 (down from ₫3,457 in FY 2021). Revenue: ₫8.58t (up 11% from FY 2021). Net income: ₫142.7b (down 28% from FY 2021). Profit margin: 1.7% (down from 2.6% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 17Binh Dien Fertilizer Joint Stock Company Provides Production and Earnings Guidance for the First Quarter and Full Year of 2023Binh Dien Fertilizer Joint Stock Company provided production and earnings guidance for the first quarter and full year of 2023. For the quarter, the company expects production output to be 93,580 tons. Consumption output to be 93,580 tons. Total revenue to be VND 1,354.5 billion. Consolidated profit before tax to be VND 20.4 billion. Separate profit before tax to be VND 15 billion.For the full year, the company expects production output to be 585,570 tons. Consumption output to be 585,570 tons. Total revenue to be VND 7,476.5 billion. Consolidated profit before tax to be VND 220 billion. Separate profit before tax to be VND 155 billion.
Upcoming Dividend • Jan 10Upcoming dividend of ₫600 per shareEligible shareholders must have bought the stock before 17 January 2023. Payment date: 10 February 2023. Payout ratio is on the higher end at 80% but the company is not cash flow positive. Trailing yield: 7.0%. Lower than top quartile of Vietnamese dividend payers (9.3%). In line with average of industry peers (6.5%).
お知らせ • Dec 14Binh Dien Fertilizer Joint Stock Company Approves Dividend for the First Phase of 2022, Payable on February 10, 2023The Board of Directors of Binh Dien Fertilizer Joint Stock Company approved to pay for the first phase of 2022 dividend in cash: Record date: January 18, 2023; Payment date: February 10, 2023; Dividend pay-out ratio: 6% /par value (VND 600 per share).
お知らせ • Nov 25Binh Dien Fertilizer Joint Stock Company Appoints Tran Ngoc Hung from Deputy Head of Financial & Accountant Department to Chief Accountant Cum Head of Financial & Accountant DepartmentBinh Dien Fertilizer Joint Stock Company announced that the appointment of Mr. Tran Ngoc Hung from Deputy Head of financial & Accountant Department to Chief Accountant cum Head of financial & Accountant Department. Effective date is November 22, 2022.
Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Chairman of the Board Thieu Nguyen was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Buying Opportunity • Nov 10Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 35%. The fair value is estimated to be ₫20,126, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 39%.
お知らせ • Oct 29Binh Dien Fertilizer Joint Stock Company Appoints Mrs. Tran Thi Thanh Thanh as SecretaryBinh Dien Fertilizer Joint Stock Company announced the change in personnel as follows Appointment: Mrs. Tran Thi Thanh Thanh. Former position in the organization: Newly appointed position: Secretary. Effective date October 27, 2022.
Buying Opportunity • Oct 24Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 29%. The fair value is estimated to be ₫20,398, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 42%.
お知らせ • Oct 19Binh Dien Fertilizer Joint Stock Company Provides Production and Revenue Guidance for the Third Quarter and Nine Months and Fourth Quarter of 2022Binh Dien Fertilizer Joint Stock Company provided production and revenue guidance for the third quarter and nine months and fourth quarter of 2022. For the third quarter, the company expects production output of 125,464 tons.For the nine months, the company expects production output of 400,522 tons.For the third quarter, the company expects total revenue of VND 2,317.4 billion.For the nine months, the company expects total revenue of VND 6,800 billion.For the fourth quarter, the company expects production output of 142,748 tons.For the fourth quarter, the company expects total revenue of VND 1,537 billion.
Valuation Update With 7 Day Price Move • Oct 07Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to ₫18,150, the stock trades at a trailing P/E ratio of 5.1x. Average forward P/E is 6x in the Chemicals industry in Vietnam. Total returns to shareholders of 56% over the past three years.
お知らせ • Sep 13Binh Dien Fertilizer Joint Stock Company Appoints Tran Ngoc Hung as Deputy Head of Financial & Accountant DepartmentOn September 08, 2022, Binh Dien Fertilizer Joint Stock Company announced the change in personnel as follows: The appointment of Mr. Tran Ngoc Hung as Deputy Head of financial & Accountant Department as from September 08, 2022.
お知らせ • Aug 31Binh Dien Fertilizer Joint Stock Company Announces Retirement of Tran Tan Son as CFOBinh Dien Fertilizer Joint Stock Company announced personnel change as follows: Chief Accountant cum CFO Tran Tan Son retires from September 01, 2022.
Valuation Update With 7 Day Price Move • Aug 29Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₫27,000, the stock trades at a trailing P/E ratio of 7.5x. Average forward P/E is 8x in the Chemicals industry in Vietnam. Total returns to shareholders of 130% over the past three years.
Price Target Changed • Aug 25Price target decreased to ₫25,800Down from ₫31,300, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ₫25,850. Stock is down 25% over the past year. The company posted earnings per share of ₫3,457 last year.
Reported Earnings • Aug 03Second quarter 2022 earnings released: EPS: ₫859 (vs ₫956 in 2Q 2021)Second quarter 2022 results: EPS: ₫859. Revenue: ₫1.81t (down 22% from 2Q 2021). Net income: ₫54.6b (flat on 2Q 2021). Profit margin: 3.0% (up from 2.4% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 10% compared to a 6.2% decline forecast for the industry in Vietnam.
お知らせ • Jul 07Binh Dien Fertilizer Joint Stock Company Provides Production and Revenue Guidance for the Third Quarter of 2022Binh Dien Fertilizer Joint Stock Company provided production and revenue guidance for the third quarter of 2022. for the quarter, the company expects production output of 153,000 tons.For the quarter, the company expects total revenue of VND 2,365 billion.
Valuation Update With 7 Day Price Move • Jun 13Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₫28,350, the stock trades at a trailing P/E ratio of 7.8x. Average forward P/E is 11x in the Chemicals industry in Vietnam. Total returns to shareholders of 69% over the past three years.
Upcoming Dividend • Jun 10Upcoming dividend of ₫2,000 per shareEligible shareholders must have bought the stock before 17 June 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 41% but the company is not cash flow positive. Trailing yield: 6.6%. Lower than top quartile of Vietnamese dividend payers (7.3%). Higher than average of industry peers (2.3%).
Price Target Changed • Jun 07Price target increased to ₫31,300Up from ₫25,100, the current price target is provided by 1 analyst. New target price is 6.3% below last closing price of ₫33,400. Stock is up 26% over the past year. The company posted earnings per share of ₫3,457 last year.
お知らせ • Jun 04Binh Dien Fertilizer Joint Stock Company Approves Cash Dividend for 2021, Payable on June 30, 2022The Board resolution dated May 27, 2022, the BOD of Binh Dien Fertilizer Joint Stock Company approved the record date for 2021 cash dividend payment as follows: Record date: June 20, 2022; Exercise ratio: 20%/share (VND 2,000 per share); Payment date: June 30, 2022.
Valuation Update With 7 Day Price Move • May 20Investor sentiment improved over the past weekAfter last week's 18% share price gain to ₫27,700, the stock trades at a trailing P/E ratio of 7.6x. Average forward P/E is 13x in the Chemicals industry in Vietnam. Total returns to shareholders of 63% over the past three years.
Reported Earnings • Apr 29First quarter 2022 earnings released: EPS: ₫1,046 (vs ₫873 in 1Q 2021)First quarter 2022 results: EPS: ₫1,046 (up from ₫873 in 1Q 2021). Revenue: ₫2.59t (up 47% from 1Q 2021). Net income: ₫66.4b (up 50% from 1Q 2021). Profit margin: 2.6% (in line with 1Q 2021). Over the next year, revenue is expected to shrink by 29% compared to a 4.9% decline forecast for the industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Director Mai Phung was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 16Binh Dien Fertilizer Joint Stock Company Receives Resignation Letter of Mr. Bui the Chuyen as Member Cum Chairman of BODOn April 13, 2022, Binh Dien Fertilizer Joint Stock Company received the Resignation Letter of Mr. Bui The Chuyen as member cum Chairman of BOD.
お知らせ • Apr 10Binh Dien Fertilizer Joint Stock Company, Annual General Meeting, Apr 29, 2022Binh Dien Fertilizer Joint Stock Company, Annual General Meeting, Apr 29, 2022, at 01:30 Coordinated Universal Time. Location: at White Palace, 194 Hoang Van Thu, Phu Nhuan District Ho Chi Minh Vietnam
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₫38,600, the stock trades at a trailing P/E ratio of 11.2x. Average forward P/E is 13x in the Chemicals industry in Vietnam. Total returns to shareholders of 104% over the past three years.
Valuation Update With 7 Day Price Move • Mar 24Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₫42,800, the stock trades at a trailing P/E ratio of 12.4x. Average forward P/E is 13x in the Chemicals industry in Vietnam. Total returns to shareholders of 116% over the past three years.
Reported Earnings • Mar 11Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: ₫3,457 (up from ₫2,097 in FY 2020). Revenue: ₫7.74t (up 43% from FY 2020). Net income: ₫197.6b (up 65% from FY 2020). Profit margin: 2.6% (up from 2.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.8%. Over the next year, revenue is expected to shrink by 22% compared to a 1.6% growth forecast for the industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 23% per year.
Reported Earnings • Jan 28Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: ₫3,459 (up from ₫2,097 in FY 2020). Revenue: ₫7.71t (up 42% from FY 2020). Net income: ₫197.7b (up 65% from FY 2020). Profit margin: 2.6% (up from 2.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 100%. Over the next year, revenue is expected to shrink by 21% compared to a 9.5% growth forecast for the industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Nov 11Price target increased to ₫28,330Up from ₫25,100, the current price target is provided by 1 analyst. New target price is 23% below last closing price of ₫36,950. Stock is up 127% over the past year. The company posted earnings per share of ₫2,097 last year.
Valuation Update With 7 Day Price Move • Oct 04Investor sentiment improved over the past weekAfter last week's 18% share price gain to ₫36,000, the stock trades at a trailing P/E ratio of 12.3x. Average forward P/E is 13x in the Chemicals industry in Vietnam. Total returns to shareholders of 76% over the past three years.
Price Target Changed • Sep 23Price target increased to ₫25,100Up from ₫22,900, the current price target is provided by 1 analyst. New target price is 23% below last closing price of ₫32,800. Stock is up 99% over the past year.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improved over the past weekAfter last week's 23% share price gain to ₫33,450, the stock trades at a trailing P/E ratio of 11.4x. Average forward P/E is 16x in the Chemicals industry in Vietnam. Total returns to shareholders of 71% over the past three years.
Reported Earnings • Jul 29Second quarter 2021 earnings released: EPS ₫902 (vs ₫865 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: ₫2.34t (up 41% from 2Q 2020). Net income: ₫57.3b (up 16% from 2Q 2020). Profit margin: 2.5% (down from 3.0% 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 5% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jun 11Upcoming dividend of ₫1,500 per shareEligible shareholders must have bought the stock before 17 June 2021. Payment date: 30 June 2021. Trailing yield: 7.1%. Lower than top quartile of Vietnamese dividend payers (7.8%). Higher than average of industry peers (4.5%).
Valuation Update With 7 Day Price Move • May 14Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₫24,150, the stock trades at a trailing P/E ratio of 8.2x. Average forward P/E is 15x in the Chemicals industry in Vietnam. Total returns to shareholders of 2.1% over the past three years.
Reported Earnings • Mar 20Full year 2020 earnings released: EPS ₫2,097 (vs ₫1,131 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ₫5.42t (down 12% from FY 2019). Net income: ₫119.9b (up 85% from FY 2019). Profit margin: 2.2% (up from 1.1% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 36% 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.
Is New 90 Day High Low • Mar 01New 90-day high: ₫18,900The company is up 22% from its price of ₫15,500 on 01 December 2020. The Vietnamese market is up 17% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 27% over the same period.
Is New 90 Day High Low • Feb 01New 90-day low: ₫14,700The company is down 6.0% from its price of ₫15,700 on 03 November 2020. The Vietnamese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 29% over the same period.
Reported Earnings • Jan 30Full year 2020 earnings released: EPS ₫2,103 (vs ₫1,165 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ₫5.42t (down 12% from FY 2019). Net income: ₫133.6b (up 101% from FY 2019). Profit margin: 2.5% (up from 1.1% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Jan 30Revenue misses expectationsRevenue missed analyst estimates by 0.6%. Over the next year, revenue is forecast to grow 11%, compared to a 4.6% growth forecast for the Chemicals industry in Vietnam.
Is New 90 Day High Low • Dec 31New 90-day high: ₫17,450The company is up 3.0% from its price of ₫17,000 on 02 October 2020. The Vietnamese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 9.0% over the same period.
Upcoming Dividend • Nov 12Upcoming Dividend of ₫500 Per ShareWill be paid on the 10th of December to those who are registered shareholders by the 19th of November. The trailing yield of 7.4% is below the top quartile of Vietnamese dividend payers (9.2%), but is in line with industry peers (6.9%).
Is New 90 Day High Low • Sep 28New 90-day high: ₫17,200The company is up 50% from its price of ₫11,500 on 30 June 2020. The Vietnamese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 16% over the same period.
