Vinhomes (VHM19) Stock Overview

Develops and sells real estate properties in Vietnam. More details

VHM19 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	6/6
Financial Health	4/6
Dividends	3/6

Rewards

Trading at 29.4% below our estimate of its fair value

Earnings grew by 92.7% over the past year

Risk Analysis

Earnings are forecast to decline by an average of 2.4% per year for the next 3 years

Has a high level of debt

Unstable dividend track record

Volatile share price over the past 3 months compared to the TH market

VHM19 Community Fair Values

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Vinhomes Joint Stock Company Competitors

Price History & Performance

Summary of share price highs, lows and changes for Vinhomes
Historical stock prices
Current Share Price	₫17.30
52 Week High	₫21.40
52 Week Low	₫10.10
Beta	1.33
1 Month Change	-12.63%
3 Month Change	-2.81%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	37.30%

Recent updates

Shareholder Returns

	VHM19	TH Real Estate	TH Market
7D	-6.0%	0.8%	0.5%
1Y	n/a	21.3%	35.5%

Return vs Industry: Insufficient data to determine how VHM19 performed against the TH Real Estate industry.

Return vs Market: Insufficient data to determine how VHM19 performed against the TH Market.

Price Volatility

Is VHM19's price volatile compared to industry and market?
VHM19 volatility
VHM19 Average Weekly Movement	7.5%
Real Estate Industry Average Movement	4.4%
Market Average Movement	4.1%
10% most volatile stocks in TH Market	9.9%
10% least volatile stocks in TH Market	1.9%

Stable Share Price: VHM19's share price has been volatile over the past 3 months compared to the TH market.

Volatility Over Time: VHM19's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of TH stocks.

About the Company

Founded	Employees	CEO	Website
2008	12,155	Hang Nguyen	vinhomes.vn

Vinhomes Joint Stock Company develops and sells real estate properties in Vietnam. The company also leases office properties. In addition, it provides real estate management and related services; general contractor; consulting and designing construction; and supervision and construction management services.

Vinhomes Joint Stock Company Fundamentals Summary

How do Vinhomes's earnings and revenue compare to its market cap?
VHM19 fundamental statistics
Market cap	฿696.46b
Earnings (TTM)	฿83.19b
Revenue (TTM)	฿260.36b

8.4x

P/E Ratio

2.7x

P/S Ratio

Is VHM19 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VHM19 income statement (TTM)
Revenue	₫202.69t
Cost of Revenue	₫130.13t
Gross Profit	₫72.55t
Other Expenses	₫7.80t
Earnings	₫64.76t

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)	15.77k
Gross Margin	35.80%
Net Profit Margin	31.95%
Debt/Equity Ratio	59.4%

How did VHM19 perform over the long term?

See historical performance and comparison

Dividends

4.5%

Current Dividend Yield

38%

Payout Ratio

Does VHM19 pay a reliable dividends?

See VHM19 dividend history and benchmarks

When do you need to buy VHM19 by to receive an upcoming dividend?
Vinhomes dividend dates
Ex Dividend Date	Jun 29 2026
Dividend Pay Date	Sep 23 2026
Days until Ex dividend	25 days
Days until Dividend pay date	61 days

Does VHM19 pay a reliable dividends?

See VHM19 dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/07/23 22:05
End of Day Share Price	2026/07/23 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

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

Vinhomes Joint Stock Company is covered by 16 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
null null	BIDV Securities Joint Stock Company
Donald Chua	BofA Global Research
Brandon I. Lee	Citigroup Inc

Vinhomes Joint Stock CompanySET:VHM19 Stock Report