Reported Earnings • May 06
First quarter 2026 earnings released: EPS: ₫6,968 (vs ₫264 loss in 1Q 2025) First quarter 2026 results: EPS: ₫6,968 (up from ₫264 loss in 1Q 2025). Net income: ₫45.7b (up ₫47.4b from 1Q 2025). New Risk • May 06
New major risk - Revenue size The company makes less than US$1m in revenue. Total revenue: ₫25b (US$953k) This is considered a major risk. Companies with a small amount of revenue 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: Major Risks Share price has been highly volatile over the past 3 months (8.3% average weekly change). Revenue has declined by 70% over the past year. High level of non-cash earnings (166% accrual ratio). Revenue is less than US$1m (₫25b revenue, or US$953k). Market cap is less than US$10m (₫67.6b market cap, or US$2.57m). Minor Risk Paying a dividend despite having no free cash flows. New Risk • Apr 23
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Vietnamese stocks, typically moving 8.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.4% average weekly change). Revenue has declined by 68% over the past year. Market cap is less than US$10m (₫66.3b market cap, or US$2.52m). Minor Risks Paying a dividend despite having no free cash flows. Revenue is less than US$5m (₫31b revenue, or US$1.2m). New Risk • Mar 08
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 5.0% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. 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 Revenue has declined by 68% over the past year. Market cap is less than US$10m (₫54.5b market cap, or US$2.07m). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.8% average weekly change). Revenue is less than US$5m (₫31b revenue, or US$1.2m). 공지 • Feb 03
Sametel Corporation, Annual General Meeting, Mar 26, 2026 Sametel Corporation, Annual General Meeting, Mar 26, 2026. Buy Or Sell Opportunity • Nov 04
Now 20% undervalued Over the last 90 days, the stock has risen 60% to ₫13,600. The fair value is estimated to be ₫17,083, however this is not to be taken as a buy recommendation but rather should be used as a guide only. New Risk • Oct 25
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 35% 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 Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Revenue has declined by 43% over the past year. High level of non-cash earnings (35% accrual ratio). Market cap is less than US$10m (₫86.6b market cap, or US$3.29m). Minor Risks Less than 3 years of financial data is available. Revenue is less than US$5m (₫60b revenue, or US$2.3m). Reported Earnings • Oct 25
Third quarter 2025 earnings released: EPS: ₫8,994 (vs ₫320 loss in 3Q 2024) Third quarter 2025 results: EPS: ₫8,994 (up from ₫320 loss in 3Q 2024). Revenue: ₫4.97b (down 7.1% from 3Q 2024). Net income: ₫45.4b (up ₫47.5b from 3Q 2024). Valuation Update With 7 Day Price Move • Oct 24
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₫13,200, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 36x in the Communications industry in Asia. Total returns to shareholders of 30% over the past three years. Valuation Update With 7 Day Price Move • Aug 12
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to ₫10,600, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 32x in the Communications industry in Asia. Total loss to shareholders of 8.4% over the past three years. Upcoming Dividend • Aug 01
Inaugural dividend of ₫500 per share Eligible shareholders must have bought the stock before 08 August 2025. Payment date: 26 August 2025. This is the first dividend for Sametel since going public. The average dividend yield among industry peers is 1.2%. New Risk • Jun 21
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 53% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Share price has been highly volatile over the past 3 months (14% average weekly change). Revenue has declined by 46% over the past year. Market cap is less than US$10m (₫49.8b market cap, or US$1.89m). Minor Risks Less than 3 years of financial data is available. Large one-off items impacting financial results. Revenue is less than US$5m (₫83b revenue, or US$3.2m). Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to ₫8,600, the stock trades at a trailing P/E ratio of 54.4x. Average trailing P/E is 30x in the Communications industry in Asia. Total loss to shareholders of 31% over the past three years. Valuation Update With 7 Day Price Move • May 01
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₫11,500, the stock trades at a trailing P/E ratio of 72.8x. Average trailing P/E is 33x in the Communications industry in Asia. Total loss to shareholders of 32% over the past three years. Reported Earnings • Apr 24
First quarter 2025 earnings released: ₫314 loss per share (vs ₫280 profit in 1Q 2024) First quarter 2025 results: ₫314 loss per share (down from ₫280 profit in 1Q 2024). Revenue: ₫7.64b (down 92% from 1Q 2024). Net loss: ₫1.72b (down 212% from profit in 1Q 2024). 공지 • Apr 15
Sametel Corporation, Annual General Meeting, Jun 01, 2025 Sametel Corporation, Annual General Meeting, Jun 01, 2025. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₫7,200, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 29x in the Communications industry in Vietnam. Total loss to shareholders of 50% over the past three years. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₫6,900, the stock trades at a trailing P/E ratio of 24.6x. Average trailing P/E is 23x in the Communications industry in Vietnam. Total loss to shareholders of 71% over the past three years. 공지 • May 19
Sametel Corporation, Annual General Meeting, Jun 28, 2024 Sametel Corporation, Annual General Meeting, Jun 28, 2024. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Is New 90 Day High Low • Jan 20
New 90-day high: ₫11,300 The company is up 74% from its price of ₫6,500 on 21 October 2020. The Vietnamese market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 10.0% over the same period. Is New 90 Day High Low • Dec 21
New 90-day high: ₫8,700 The company is up 34% from its price of ₫6,500 on 22 September 2020. The Vietnamese market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 30% over the same period. Is New 90 Day High Low • Dec 01
New 90-day high: ₫8,100 The company is up 25% from its price of ₫6,500 on 31 August 2020. The Vietnamese market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 20% over the same period.