VNM19 Stock Overview

Provides milk and dairy products in Vietnam and internationally. More details

VNM19 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	4/6
Financial Health	5/6
Dividends	3/6

Rewards

Trading at 34.9% below our estimate of its fair value

Earnings are forecast to grow 7.39% per year

Risk Analysis

Dividend of 6.33% is not well covered by free cash flows

My Notes

Capture your thoughts, links and company narrative

Vietnam Dairy Products Joint Stock Company Competitors

Charoen Pokphand Foods

SET:CPF

฿172.3b

Thai President Foods

SET:TFMAMA

฿65.3b

Thai Union Group

SET:TU

฿49.0b

i-Tail Corporation

SET:ITC

฿49.8b

Price History & Performance

Summary of share price highs, lows and changes for Vietnam Dairy Products
Historical stock prices
Current Share Price	₫8.35
52 Week High	₫9.40
52 Week Low	₫8.15
Beta	0.40
1 Month Change	-1.76%
3 Month Change	-9.73%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-10.22%

Recent updates

Shareholder Returns

	VNM19	TH Food	TH Market
7D	-2.3%	-3.7%	-2.5%
1Y	n/a	-13.5%	-8.4%

Return vs Industry: Insufficient data to determine how VNM19 performed against the TH Food industry.

Return vs Market: Insufficient data to determine how VNM19 performed against the TH Market.

Price Volatility

Is VNM19's price volatile compared to industry and market?
VNM19 volatility
VNM19 Average Weekly Movement	1.8%
Food Industry Average Movement	4.2%
Market Average Movement	4.7%
10% most volatile stocks in TH Market	9.5%
10% least volatile stocks in TH Market	2.1%

Stable Share Price: VNM19 has not had significant price volatility in the past 3 months compared to the TH market.

Volatility Over Time: Insufficient data to determine VNM19's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1976	9,882	Lien Mai	www.vinamilk.com.vn

Vietnam Dairy Products Joint Stock Company provides milk and dairy products in Vietnam and internationally. The company processes, manufactures, and distributes milk cake, soya and fresh milk, refreshment drinks, bottled and powdered milk, nutritious powder, and other milk products; and products for pregnant and infant, baby food, spoon yogurt, yoghurt and juicy milk drink, condensed and plant-based milk, ice cream, sugar, and cheese products, as well as nutritional products for adult. It is also involved in trading of food technology, spare parts, equipment, materials, and chemicals; trading in real estate properties, warehouses, and yards; owning or leasing land use rights; provision of internal transportation by cars for manufacturing and consuming company’s products; manufacture, sale, and distribution of beverages, grocery and processing food, and roasted-ground-filtered and instant coffee; and manufacture and sale of plastic packaging products.

Vietnam Dairy Products Joint Stock Company Fundamentals Summary

How do Vietnam Dairy Products's earnings and revenue compare to its market cap?
VNM19 fundamental statistics
Market cap	฿169.27b
Earnings (TTM)	฿11.45b
Revenue (TTM)	฿82.49b

14.8x

P/E Ratio

2.1x

P/S Ratio

Is VNM19 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VNM19 income statement (TTM)
Revenue	₫61.92t
Cost of Revenue	₫36.10t
Gross Profit	₫25.82t
Other Expenses	₫17.23t
Earnings	₫8.60t

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	4.11k
Gross Margin	41.70%
Net Profit Margin	13.88%
Debt/Equity Ratio	24.0%

How did VNM19 perform over the long term?

See historical performance and comparison

Dividends

6.3%

Current Dividend Yield

23%

Payout Ratio

Does VNM19 pay a reliable dividends?

See VNM19 dividend history and benchmarks

When do you need to buy VNM19 by to receive an upcoming dividend?
Vietnam Dairy Products dividend dates
Ex Dividend Date	Dec 26 2024
Dividend Pay Date	Feb 28 2025
Days until Ex dividend	44 days
Days until Dividend pay date	20 days

Does VNM19 pay a reliable dividends?

See VNM19 dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/07 06:26
End of Day Share Price	2025/02/07 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Vietnam Dairy Products Joint Stock Company is covered by 14 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Dzung Luong	Bao Viet Securities Joint Stock Company
Chau Pham	BIDV Securities Joint Stock Company
Paul Robert Dewberry	BofA Global Research

Vietnam Dairy Products SET:VNM19 Stock Report