View ValuationELCOM Technology Communications 将来の成長Future 基準チェック /16 ELCOM Technology Communicationsは収益が増加すると予測されています。主要情報n/a収益成長率n/aEPS成長率IT 収益成長15.4%収益成長率18.9%将来の株主資本利益率n/aアナリストカバレッジLow最終更新日20 Mar 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesReported Earnings • May 05First quarter 2026 earnings released: EPS: ₫24.00 (vs ₫51.46 in 1Q 2025)First quarter 2026 results: EPS: ₫24.00 (down from ₫51.46 in 1Q 2025). Revenue: ₫114.3b (up 86% from 1Q 2025). Net income: ₫2.65b (down 44% from 1Q 2025). Profit margin: 2.3% (down from 7.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the IT industry in Asia. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.New Risk • Apr 14New 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 6.6% 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 High level of non-cash earnings (58% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Significant insider selling over the past 3 months (₫5.0b sold). Market cap is less than US$100m (₫1.95t market cap, or US$74.3m).お知らせ • Mar 30ELCOM Technology Communications Corporation, Annual General Meeting, Apr 23, 2026ELCOM Technology Communications Corporation, Annual General Meeting, Apr 23, 2026, at 14:00 SE Asia Standard Time. Location: elcom conference room, elcom building, duy tan street, cau giay ward, hanoi VietnamValuation Update With 7 Day Price Move • Mar 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₫19,000, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 19x in the IT industry in Vietnam. Total returns to shareholders of 161% over the past three years.Reported Earnings • Feb 02Full year 2025 earnings released: EPS: ₫1,332 (vs ₫1,043 in FY 2024)Full year 2025 results: EPS: ₫1,332 (up from ₫1,043 in FY 2024). Revenue: ₫1.52t (up 90% from FY 2024). Net income: ₫127.6b (up 34% from FY 2024). Profit margin: 8.4% (down from 12% 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 48% per year whereas the company’s share price has increased by 45% per year.Recent Insider Transactions • Jan 28Deputy Chairman of The Board recently sold ₫5.0b worth of stockOn the 22nd of January, Thien Nguyen sold around 500k shares on-market at roughly ₫10,000 per share. This transaction amounted to 32% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Thien's only on-market trade for the last 12 months.お知らせ • Jan 09ELCOM Technology Communications Corporation Announces Resignation of Dang Thi Thanh Minh as Chief Financial Officer, Effective January 5, 2026ELCOM Technology Communications Corporation announced resignation of Ms. Dang Thi Thanh Minh as Chief Financial Officer, effective January 5, 2026.New Risk • Dec 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (42% accrual ratio). Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (₫2.43t market cap, or US$92.2m).Reported Earnings • Nov 02Third quarter 2025 earnings released: EPS: ₫382 (vs ₫99.27 in 3Q 2024)Third quarter 2025 results: EPS: ₫382 (up from ₫99.27 in 3Q 2024). Revenue: ₫427.6b (up 142% from 3Q 2024). Net income: ₫39.0b (up 328% from 3Q 2024). Profit margin: 9.1% (up from 5.1% 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 increased by 60% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Oct 21New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (31% accrual ratio). Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (₫2.26t market cap, or US$85.8m).New Risk • Jun 15New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 25% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risk Market cap is less than US$100m (₫2.24t market cap, or US$85.1m).Buy Or Sell Opportunity • Apr 29Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 20% to ₫21,350. The fair value is estimated to be ₫26,692, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 107% in a year. Earnings are forecast to grow by 50% in the next year.New Risk • Apr 13New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (₫2.06t market cap, or US$80.5m).New Risk • Apr 08New 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 5.7% 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: Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Market cap is less than US$100m (₫1.72t market cap, or US$67.0m).Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₫19,650, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 18x in the IT industry in Asia. Total returns to shareholders of 50% over the past three years.お知らせ • Apr 02ELCOM Technology Communications Corporation, Annual General Meeting, Apr 24, 2025ELCOM Technology Communications Corporation, Annual General Meeting, Apr 24, 2025, at 14:00 SE Asia Standard Time. Location: elcom building, duy tan street, dich vong hau ward, cau giay district, Vietnamお知らせ • Mar 07ELCOM Technology Communications Corporation announced a financing transactionELCOM Technology Communications Corporation announced a private placement to issue 83,290,077 shares on March 5, 2025. The transaction has been approved by shareholders of company.Reported Earnings • Nov 04Third quarter 2024 earnings released: EPS: ₫109 (vs ₫363 in 3Q 2023)Third quarter 2024 results: EPS: ₫109 (down from ₫363 in 3Q 2023). Revenue: ₫177.0b (down 47% from 3Q 2023). Net income: ₫9.12b (down 70% from 3Q 2023). Profit margin: 5.1% (down from 8.9% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 41% p.a. on average during the next 2 years, compared to a 8.7% growth forecast for the IT industry in Asia. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 03Second quarter 2024 earnings released: EPS: ₫50.00 (vs ₫51.50 in 2Q 2023)Second quarter 2024 results: EPS: ₫50.00 (down from ₫51.50 in 2Q 2023). Revenue: ₫143.2b (up 306% from 2Q 2023). Net income: ₫4.19b (down 1.2% from 2Q 2023). Profit margin: 2.9% (down from 12% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 8.3% growth forecast for the IT industry in Asia. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jun 28Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₫24,150, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 20x in the IT industry in Asia. Total returns to shareholders of 166% over the past three years.Valuation Update With 7 Day Price Move • May 10Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₫25,350, the stock trades at a trailing P/E ratio of 26x. Average forward P/E is 20x in the IT industry in Vietnam. Total returns to shareholders of 262% over the past three years.お知らせ • Apr 04ELCOM Technology Communications Corporation, Annual General Meeting, Apr 25, 2024ELCOM Technology Communications Corporation, Annual General Meeting, Apr 25, 2024, at 07:00 Coordinated Universal Time. Location: Conference Room, ELCOM Building, Duy Tan Street Dich Vong Hau Ward, Cau Giay District Hanoi VietnamReported Earnings • Feb 01Full year 2023 earnings released: EPS: ₫1,294 (vs ₫380 in FY 2022)Full year 2023 results: EPS: ₫1,294 (up from ₫380 in FY 2022). Revenue: ₫980.1b (up 14% from FY 2022). Net income: ₫77.1b (up 146% from FY 2022). Profit margin: 7.9% (up from 3.6% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Nov 22Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₫27,300, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 21x in the IT industry in Asia. Total returns to shareholders of 398% over the past three years.Valuation Update With 7 Day Price Move • Nov 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₫23,000, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 19x in the IT industry in Asia. Total returns to shareholders of 339% over the past three years.Valuation Update With 7 Day Price Move • Aug 23Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₫24,800, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 20x in the IT industry in Asia. Total returns to shareholders of 435% over the past three years.Valuation Update With 7 Day Price Move • Aug 04Investor sentiment improves as stock rises 24%After last week's 24% share price gain to ₫19,200, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 19x in the IT industry in Asia. Total returns to shareholders of 353% over the past three years.Reported Earnings • Aug 01Second quarter 2023 earnings released: EPS: ₫72.00 (vs ₫134 in 2Q 2022)Second quarter 2023 results: EPS: ₫72.00 (down from ₫134 in 2Q 2022). Revenue: ₫35.3b (down 79% from 2Q 2022). Net income: ₫4.24b (down 46% from 2Q 2022). Profit margin: 12% (up from 4.6% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 39% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the IT industry in Asia. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 57% per year, which means it is well ahead of earnings.お知らせ • May 23ELCOM Technology Communications Corporation Announces Personnel ChangesELCOM Technology Communications Corporation announced the change in personnel as Mr. Nguyen Van Hoa, Newly appointed position: Deputy CEO, term; 2023 - 2026, Effective date: May 19, 2023. Mrs. Daut hi Ly, Newly appointed position: Chief Accountant, Term: 2023 - 2026 and Effective date: May 19, 2023. Mrs. Dang Thi Thanh Minh, Resigned as Chief Accountant Effective date: May 19, 2023.Reported Earnings • Jan 19Full year 2022 earnings released: EPS: ₫606 (vs ₫823 in FY 2021)Full year 2022 results: EPS: ₫606 (down from ₫823 in FY 2021). Revenue: ₫863.3b (up 31% from FY 2021). Net income: ₫31.3b (down 35% from FY 2021). Profit margin: 3.6% (down from 7.3% 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 10% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Dec 28Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₫9,950, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 21x in the IT industry in Asia. Total returns to shareholders of 108% over the past three years.Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₫9,320, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 20x in the IT industry in Asia. Total returns to shareholders of 110% over the past three years.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. 7 non-independent directors. Deputy Chairman of The Board Thien 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.Valuation Update With 7 Day Price Move • Nov 11Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ₫6,780, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 20x in the IT industry in Asia. Total returns to shareholders of 46% over the past three years.Valuation Update With 7 Day Price Move • Oct 24Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₫8,700, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 18x in the IT industry in Asia. Total returns to shareholders of 83% over the past three years.Buying Opportunity • Oct 24Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 38%. The fair value is estimated to be ₫11,058, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 27% in a year. Earnings is forecast to grow by 26% in the next year.Valuation Update With 7 Day Price Move • Sep 14Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to ₫12,950, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 19x in the IT industry in Asia. Total returns to shareholders of 111% over the past three years.Buying Opportunity • Jul 06Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 46%. The fair value is estimated to be ₫19,287, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 45%. Revenue is forecast to grow by 128% in a year. Earnings is forecast to grow by 62% in the next year.Valuation Update With 7 Day Price Move • Jun 29Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₫16,400, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 20x in the IT industry in Asia. Total returns to shareholders of 150% over the past three years.Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to ₫15,650, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 19x in the IT industry in Asia. Total returns to shareholders of 128% over the past three years.お知らせ • May 25ELCOM Technology Communications Corporation Announces Management AppointmentsOn May 09, 2022, the BOD of ELCOM Technology Communications Corporation approved the following contents: Approved the appointment of Mr. Phan Chien Thang – member of BOD as Chairman of BOD of the Company for the term 2022 – 2027. Approved the appointment of Mr. Nguyen Duc Thien – member of BOD as Deputy Chairman of BOD of the Company for the term 2022 – 2027.Valuation Update With 7 Day Price Move • May 10Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to ₫17,950, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 19x in the IT industry in Asia. Total returns to shareholders of 181% over the past three years.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. 9 experienced directors. No highly experienced directors. No independent directors (6 non-independent directors). Member of Supervisory Board Thuy Thi Hoang was the last director to join the board, commencing their role in 2018. 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 • Apr 19Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₫29,400, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 21x in the IT industry in Asia. Total returns to shareholders of 365% over the past three years.お知らせ • Apr 06Electronics Communications Technology Investment Development Corporation (HOSE:ELC) acquired a 67% stake in Ha Noi Group Trading Joint Stock Company for VND 13.4 billion.Electronics Communications Technology Investment Development Corporation (HOSE:ELC) acquired a 67% stake in Ha Noi Group Trading Joint Stock Company for VND 13.4 billion on March 31, 2022. Electronics Communications Technology Investment Development Corporation acquired 1.34 million shares of Ha Noi Group at VND 10,000 each. Electronics Communications Technology Investment Development Corporation (HOSE:ELC) completed the acquisition of a 67% stake in Ha Noi Group Trading Joint Stock Company on March 31, 2022.Valuation Update With 7 Day Price Move • Dec 13Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₫28,500, the stock trades at a trailing P/E ratio of 34.1x. Average trailing P/E is 26x in the IT industry in Asia. Total returns to shareholders of 284% over the past three years.Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS ₫215 (vs ₫93.07 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₫210.4b (up 127% from 3Q 2020). Net income: ₫10.9b (up 132% from 3Q 2020). Profit margin: 5.2% (up from 5.1% in 3Q 2020). 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 increased by 54% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₫21,150, the stock trades at a trailing P/E ratio of 29.5x. Average trailing P/E is 26x in the IT industry in Asia. Total returns to shareholders of 149% over the past three years.Reported Earnings • Aug 02Second quarter 2021 earnings released: EPS ₫168 (vs ₫201 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and revenues, although profit margins were improved. Second quarter 2021 results: Revenue: ₫112.3b (down 30% from 2Q 2020). Net income: ₫8.48b (down 17% from 2Q 2020). Profit margin: 7.5% (up from 6.4% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 30Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₫15,900, the stock trades at a trailing P/E ratio of 23.6x. Average trailing P/E is 27x in the IT industry in Asia. Total returns to shareholders of 85% over the past three years.Upcoming Dividend • Jul 12Upcoming dividend of ₫600 per shareEligible shareholders must have bought the stock before 19 July 2021. Payment date: 15 October 2021. Trailing yield: 2.1%. Lower than top quartile of Vietnamese dividend payers (7.7%). Higher than average of industry peers (1.2%).Valuation Update With 7 Day Price Move • Mar 18Investor sentiment improved over the past weekAfter last week's 24% share price gain to ₫14,100, the stock trades at a trailing P/E ratio of 22.3x. Average trailing P/E is 28x in the IT industry in Asia. Total returns to shareholders of 6.0% over the past three years.Is New 90 Day High Low • Mar 15New 90-day high: ₫12,550The company is up 70% from a price of ₫7,400 on 15 December 2020. Outperformed the Vietnamese market which is up 12% over the last 90 days. Exceeded the IT industry, which is up 32% over the same period.Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ₫9,340, the stock is trading at a trailing P/E ratio of 10.9x, down from the previous P/E ratio of 13.3x. This compares to an average P/E of 26x in the IT industry in Asia. Total return to shareholders over the past three years is a loss of 33%.Valuation Update With 7 Day Price Move • Jan 13Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₫11,350, the stock is trading at a trailing P/E ratio of 13.2x, up from the previous P/E ratio of 11.2x. This compares to an average P/E of 27x in the IT industry in Asia. Total return to shareholders over the past three years is a loss of 21%.Is New 90 Day High Low • Dec 29New 90-day high: ₫8,900The company is up 27% from its price of ₫7,000 on 30 September 2020. The Vietnamese market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 15% over the same period.Valuation Update With 7 Day Price Move • Dec 21Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₫8,720, the stock is trading at a trailing P/E ratio of 10.1x, up from the previous P/E ratio of 8.7x. This compares to an average P/E of 26x in the IT industry in Asia. Total return to shareholders over the past three years is a loss of 44%.Is New 90 Day High Low • Dec 09New 90-day high: ₫7,650The company is up 4.0% from its price of ₫7,330 on 10 September 2020. The Vietnamese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 12% over the same period.Reported Earnings • Nov 03Third quarter 2020 earnings released: EPS ₫93.00The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ₫92.6b (up 20% from 3Q 2019). Net income: ₫4.71b (up 54% from 3Q 2019). Profit margin: 5.1% (up from 3.9% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings.業績と収益の成長予測HOSE:ELC - アナリストの将来予測と過去の財務データ ( )VND Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20282,833,000N/AN/AN/A112/31/20271,917,000N/AN/AN/A112/31/20262,038,000180,000N/AN/A13/31/20261,570,666125,526-274,426-229,023N/A12/31/20251,517,736127,647-519,566-304,976N/A9/30/20251,130,129133,385-417,698-209,226N/A6/30/2025879,566103,495-282,273-77,759N/A3/31/2025754,15192,989-189,5168,120N/A1/1/2025800,14590,448113,620140,065N/A9/30/2024950,34356,993-37,252-21,607N/A6/30/20241,109,45277,742-22,182-7,977N/A3/31/20241,001,54877,7943,52217,092N/A1/1/2024980,09074,15283,51395,834N/A9/30/2023695,13639,080-30,856-25,791N/A6/30/2023608,85520,333-133,433-128,067N/A3/31/2023743,67423,925-45,638-41,789N/A1/1/2023863,28331,307-109,333-103,992N/A9/30/2022778,11148,235-105,110-100,177N/A6/30/2022738,69148,06740,58743,425N/A3/31/2022680,87148,71561,26766,887N/A12/31/2021659,13248,112-101,388-97,378N/A9/30/2021868,46842,516152,247153,762N/A6/30/2021750,62336,27853,04254,562N/A3/31/2021798,12237,9577,3307,403N/A12/31/2020802,23331,803263,772264,693N/A9/30/20201,050,68643,41110,77012,020N/A6/30/20201,035,51541,75425,49435,472N/A3/31/2020959,60231,93671,38786,182N/A12/31/2019874,76029,861N/A41,717N/A9/30/2019432,4809,584N/A129,104N/A6/30/2019447,6707,029N/A75,276N/A3/31/2019462,65911,072N/A-62,807N/A12/31/2018412,2909,337N/A-22,042N/A9/30/2018363,17415,584N/A-68,668N/A6/30/2018409,93724,167N/A-7,148N/A3/31/2018511,76337,143N/A127,539N/A12/31/2017561,39544,833N/A96,480N/A9/30/2017818,97854,121N/A359,992N/A6/30/20171,244,89580,286N/A297,519N/A3/31/20171,325,71488,958N/A130,229N/A12/31/20161,301,57985,239N/A127,938N/A9/30/20161,238,358113,122N/A-246,989N/A6/30/2016824,23287,543N/A-195,235N/A3/31/2016695,76162,485N/A-110,674N/A12/31/2015723,26865,688N/A-16,807N/A9/30/2015594,91768,139N/A113,226N/A6/30/2015477,48359,588N/A99,403N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: ELCの予測収益成長が 貯蓄率 ( 3.2% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: ELCの収益がVN市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: ELCの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: ELCの収益 ( 18.9% ) VN市場 ( 14.2% ) よりも速いペースで成長すると予測されています。高い収益成長: ELCの収益 ( 18.9% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: ELCの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YSoftware 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/07 13:06終値2026/05/07 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ELCOM Technology Communications Corporation 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。3 アナリスト機関Khoi NguyenBao Viet Securities Joint Stock Companynull nullMaybank Research Pte. Ltd.Kien NguyenSSI Securities Corporation
Reported Earnings • May 05First quarter 2026 earnings released: EPS: ₫24.00 (vs ₫51.46 in 1Q 2025)First quarter 2026 results: EPS: ₫24.00 (down from ₫51.46 in 1Q 2025). Revenue: ₫114.3b (up 86% from 1Q 2025). Net income: ₫2.65b (down 44% from 1Q 2025). Profit margin: 2.3% (down from 7.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the IT industry in Asia. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
New Risk • Apr 14New 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 6.6% 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 High level of non-cash earnings (58% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Significant insider selling over the past 3 months (₫5.0b sold). Market cap is less than US$100m (₫1.95t market cap, or US$74.3m).
お知らせ • Mar 30ELCOM Technology Communications Corporation, Annual General Meeting, Apr 23, 2026ELCOM Technology Communications Corporation, Annual General Meeting, Apr 23, 2026, at 14:00 SE Asia Standard Time. Location: elcom conference room, elcom building, duy tan street, cau giay ward, hanoi Vietnam
Valuation Update With 7 Day Price Move • Mar 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₫19,000, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 19x in the IT industry in Vietnam. Total returns to shareholders of 161% over the past three years.
Reported Earnings • Feb 02Full year 2025 earnings released: EPS: ₫1,332 (vs ₫1,043 in FY 2024)Full year 2025 results: EPS: ₫1,332 (up from ₫1,043 in FY 2024). Revenue: ₫1.52t (up 90% from FY 2024). Net income: ₫127.6b (up 34% from FY 2024). Profit margin: 8.4% (down from 12% 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 48% per year whereas the company’s share price has increased by 45% per year.
Recent Insider Transactions • Jan 28Deputy Chairman of The Board recently sold ₫5.0b worth of stockOn the 22nd of January, Thien Nguyen sold around 500k shares on-market at roughly ₫10,000 per share. This transaction amounted to 32% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Thien's only on-market trade for the last 12 months.
お知らせ • Jan 09ELCOM Technology Communications Corporation Announces Resignation of Dang Thi Thanh Minh as Chief Financial Officer, Effective January 5, 2026ELCOM Technology Communications Corporation announced resignation of Ms. Dang Thi Thanh Minh as Chief Financial Officer, effective January 5, 2026.
New Risk • Dec 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (42% accrual ratio). Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (₫2.43t market cap, or US$92.2m).
Reported Earnings • Nov 02Third quarter 2025 earnings released: EPS: ₫382 (vs ₫99.27 in 3Q 2024)Third quarter 2025 results: EPS: ₫382 (up from ₫99.27 in 3Q 2024). Revenue: ₫427.6b (up 142% from 3Q 2024). Net income: ₫39.0b (up 328% from 3Q 2024). Profit margin: 9.1% (up from 5.1% 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 increased by 60% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Oct 21New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (31% accrual ratio). Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (₫2.26t market cap, or US$85.8m).
New Risk • Jun 15New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 25% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risk Market cap is less than US$100m (₫2.24t market cap, or US$85.1m).
Buy Or Sell Opportunity • Apr 29Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 20% to ₫21,350. The fair value is estimated to be ₫26,692, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 107% in a year. Earnings are forecast to grow by 50% in the next year.
New Risk • Apr 13New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (₫2.06t market cap, or US$80.5m).
New Risk • Apr 08New 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 5.7% 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: Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Market cap is less than US$100m (₫1.72t market cap, or US$67.0m).
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₫19,650, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 18x in the IT industry in Asia. Total returns to shareholders of 50% over the past three years.
お知らせ • Apr 02ELCOM Technology Communications Corporation, Annual General Meeting, Apr 24, 2025ELCOM Technology Communications Corporation, Annual General Meeting, Apr 24, 2025, at 14:00 SE Asia Standard Time. Location: elcom building, duy tan street, dich vong hau ward, cau giay district, Vietnam
お知らせ • Mar 07ELCOM Technology Communications Corporation announced a financing transactionELCOM Technology Communications Corporation announced a private placement to issue 83,290,077 shares on March 5, 2025. The transaction has been approved by shareholders of company.
Reported Earnings • Nov 04Third quarter 2024 earnings released: EPS: ₫109 (vs ₫363 in 3Q 2023)Third quarter 2024 results: EPS: ₫109 (down from ₫363 in 3Q 2023). Revenue: ₫177.0b (down 47% from 3Q 2023). Net income: ₫9.12b (down 70% from 3Q 2023). Profit margin: 5.1% (down from 8.9% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 41% p.a. on average during the next 2 years, compared to a 8.7% growth forecast for the IT industry in Asia. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 03Second quarter 2024 earnings released: EPS: ₫50.00 (vs ₫51.50 in 2Q 2023)Second quarter 2024 results: EPS: ₫50.00 (down from ₫51.50 in 2Q 2023). Revenue: ₫143.2b (up 306% from 2Q 2023). Net income: ₫4.19b (down 1.2% from 2Q 2023). Profit margin: 2.9% (down from 12% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 8.3% growth forecast for the IT industry in Asia. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jun 28Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₫24,150, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 20x in the IT industry in Asia. Total returns to shareholders of 166% over the past three years.
Valuation Update With 7 Day Price Move • May 10Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₫25,350, the stock trades at a trailing P/E ratio of 26x. Average forward P/E is 20x in the IT industry in Vietnam. Total returns to shareholders of 262% over the past three years.
お知らせ • Apr 04ELCOM Technology Communications Corporation, Annual General Meeting, Apr 25, 2024ELCOM Technology Communications Corporation, Annual General Meeting, Apr 25, 2024, at 07:00 Coordinated Universal Time. Location: Conference Room, ELCOM Building, Duy Tan Street Dich Vong Hau Ward, Cau Giay District Hanoi Vietnam
Reported Earnings • Feb 01Full year 2023 earnings released: EPS: ₫1,294 (vs ₫380 in FY 2022)Full year 2023 results: EPS: ₫1,294 (up from ₫380 in FY 2022). Revenue: ₫980.1b (up 14% from FY 2022). Net income: ₫77.1b (up 146% from FY 2022). Profit margin: 7.9% (up from 3.6% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Nov 22Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₫27,300, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 21x in the IT industry in Asia. Total returns to shareholders of 398% over the past three years.
Valuation Update With 7 Day Price Move • Nov 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₫23,000, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 19x in the IT industry in Asia. Total returns to shareholders of 339% over the past three years.
Valuation Update With 7 Day Price Move • Aug 23Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₫24,800, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 20x in the IT industry in Asia. Total returns to shareholders of 435% over the past three years.
Valuation Update With 7 Day Price Move • Aug 04Investor sentiment improves as stock rises 24%After last week's 24% share price gain to ₫19,200, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 19x in the IT industry in Asia. Total returns to shareholders of 353% over the past three years.
Reported Earnings • Aug 01Second quarter 2023 earnings released: EPS: ₫72.00 (vs ₫134 in 2Q 2022)Second quarter 2023 results: EPS: ₫72.00 (down from ₫134 in 2Q 2022). Revenue: ₫35.3b (down 79% from 2Q 2022). Net income: ₫4.24b (down 46% from 2Q 2022). Profit margin: 12% (up from 4.6% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 39% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the IT industry in Asia. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 57% per year, which means it is well ahead of earnings.
お知らせ • May 23ELCOM Technology Communications Corporation Announces Personnel ChangesELCOM Technology Communications Corporation announced the change in personnel as Mr. Nguyen Van Hoa, Newly appointed position: Deputy CEO, term; 2023 - 2026, Effective date: May 19, 2023. Mrs. Daut hi Ly, Newly appointed position: Chief Accountant, Term: 2023 - 2026 and Effective date: May 19, 2023. Mrs. Dang Thi Thanh Minh, Resigned as Chief Accountant Effective date: May 19, 2023.
Reported Earnings • Jan 19Full year 2022 earnings released: EPS: ₫606 (vs ₫823 in FY 2021)Full year 2022 results: EPS: ₫606 (down from ₫823 in FY 2021). Revenue: ₫863.3b (up 31% from FY 2021). Net income: ₫31.3b (down 35% from FY 2021). Profit margin: 3.6% (down from 7.3% 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 10% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Dec 28Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₫9,950, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 21x in the IT industry in Asia. Total returns to shareholders of 108% over the past three years.
Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₫9,320, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 20x in the IT industry in Asia. Total returns to shareholders of 110% over the past three years.
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. 7 non-independent directors. Deputy Chairman of The Board Thien 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.
Valuation Update With 7 Day Price Move • Nov 11Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ₫6,780, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 20x in the IT industry in Asia. Total returns to shareholders of 46% over the past three years.
Valuation Update With 7 Day Price Move • Oct 24Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₫8,700, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 18x in the IT industry in Asia. Total returns to shareholders of 83% over the past three years.
Buying Opportunity • Oct 24Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 38%. The fair value is estimated to be ₫11,058, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 27% in a year. Earnings is forecast to grow by 26% in the next year.
Valuation Update With 7 Day Price Move • Sep 14Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to ₫12,950, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 19x in the IT industry in Asia. Total returns to shareholders of 111% over the past three years.
Buying Opportunity • Jul 06Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 46%. The fair value is estimated to be ₫19,287, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 45%. Revenue is forecast to grow by 128% in a year. Earnings is forecast to grow by 62% in the next year.
Valuation Update With 7 Day Price Move • Jun 29Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₫16,400, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 20x in the IT industry in Asia. Total returns to shareholders of 150% over the past three years.
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to ₫15,650, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 19x in the IT industry in Asia. Total returns to shareholders of 128% over the past three years.
お知らせ • May 25ELCOM Technology Communications Corporation Announces Management AppointmentsOn May 09, 2022, the BOD of ELCOM Technology Communications Corporation approved the following contents: Approved the appointment of Mr. Phan Chien Thang – member of BOD as Chairman of BOD of the Company for the term 2022 – 2027. Approved the appointment of Mr. Nguyen Duc Thien – member of BOD as Deputy Chairman of BOD of the Company for the term 2022 – 2027.
Valuation Update With 7 Day Price Move • May 10Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to ₫17,950, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 19x in the IT industry in Asia. Total returns to shareholders of 181% over the past three years.
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. 9 experienced directors. No highly experienced directors. No independent directors (6 non-independent directors). Member of Supervisory Board Thuy Thi Hoang was the last director to join the board, commencing their role in 2018. 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 • Apr 19Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₫29,400, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 21x in the IT industry in Asia. Total returns to shareholders of 365% over the past three years.
お知らせ • Apr 06Electronics Communications Technology Investment Development Corporation (HOSE:ELC) acquired a 67% stake in Ha Noi Group Trading Joint Stock Company for VND 13.4 billion.Electronics Communications Technology Investment Development Corporation (HOSE:ELC) acquired a 67% stake in Ha Noi Group Trading Joint Stock Company for VND 13.4 billion on March 31, 2022. Electronics Communications Technology Investment Development Corporation acquired 1.34 million shares of Ha Noi Group at VND 10,000 each. Electronics Communications Technology Investment Development Corporation (HOSE:ELC) completed the acquisition of a 67% stake in Ha Noi Group Trading Joint Stock Company on March 31, 2022.
Valuation Update With 7 Day Price Move • Dec 13Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₫28,500, the stock trades at a trailing P/E ratio of 34.1x. Average trailing P/E is 26x in the IT industry in Asia. Total returns to shareholders of 284% over the past three years.
Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS ₫215 (vs ₫93.07 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₫210.4b (up 127% from 3Q 2020). Net income: ₫10.9b (up 132% from 3Q 2020). Profit margin: 5.2% (up from 5.1% in 3Q 2020). 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 increased by 54% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₫21,150, the stock trades at a trailing P/E ratio of 29.5x. Average trailing P/E is 26x in the IT industry in Asia. Total returns to shareholders of 149% over the past three years.
Reported Earnings • Aug 02Second quarter 2021 earnings released: EPS ₫168 (vs ₫201 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and revenues, although profit margins were improved. Second quarter 2021 results: Revenue: ₫112.3b (down 30% from 2Q 2020). Net income: ₫8.48b (down 17% from 2Q 2020). Profit margin: 7.5% (up from 6.4% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 30Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₫15,900, the stock trades at a trailing P/E ratio of 23.6x. Average trailing P/E is 27x in the IT industry in Asia. Total returns to shareholders of 85% over the past three years.
Upcoming Dividend • Jul 12Upcoming dividend of ₫600 per shareEligible shareholders must have bought the stock before 19 July 2021. Payment date: 15 October 2021. Trailing yield: 2.1%. Lower than top quartile of Vietnamese dividend payers (7.7%). Higher than average of industry peers (1.2%).
Valuation Update With 7 Day Price Move • Mar 18Investor sentiment improved over the past weekAfter last week's 24% share price gain to ₫14,100, the stock trades at a trailing P/E ratio of 22.3x. Average trailing P/E is 28x in the IT industry in Asia. Total returns to shareholders of 6.0% over the past three years.
Is New 90 Day High Low • Mar 15New 90-day high: ₫12,550The company is up 70% from a price of ₫7,400 on 15 December 2020. Outperformed the Vietnamese market which is up 12% over the last 90 days. Exceeded the IT industry, which is up 32% over the same period.
Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ₫9,340, the stock is trading at a trailing P/E ratio of 10.9x, down from the previous P/E ratio of 13.3x. This compares to an average P/E of 26x in the IT industry in Asia. Total return to shareholders over the past three years is a loss of 33%.
Valuation Update With 7 Day Price Move • Jan 13Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₫11,350, the stock is trading at a trailing P/E ratio of 13.2x, up from the previous P/E ratio of 11.2x. This compares to an average P/E of 27x in the IT industry in Asia. Total return to shareholders over the past three years is a loss of 21%.
Is New 90 Day High Low • Dec 29New 90-day high: ₫8,900The company is up 27% from its price of ₫7,000 on 30 September 2020. The Vietnamese market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 15% over the same period.
Valuation Update With 7 Day Price Move • Dec 21Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₫8,720, the stock is trading at a trailing P/E ratio of 10.1x, up from the previous P/E ratio of 8.7x. This compares to an average P/E of 26x in the IT industry in Asia. Total return to shareholders over the past three years is a loss of 44%.
Is New 90 Day High Low • Dec 09New 90-day high: ₫7,650The company is up 4.0% from its price of ₫7,330 on 10 September 2020. The Vietnamese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 12% over the same period.
Reported Earnings • Nov 03Third quarter 2020 earnings released: EPS ₫93.00The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ₫92.6b (up 20% from 3Q 2019). Net income: ₫4.71b (up 54% from 3Q 2019). Profit margin: 5.1% (up from 3.9% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings.