BCM.VN Investment and Industrial Development Joint Stock Corp
- Market cap
- VND 41.0T
- P/E
- 22.3x
- P/B
- 1.83x
- ROE
- 4.4%
- Dividend yield
- 0.03%
- Fundamental score
- 1.6/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is BCM.VN undervalued?
Graham numberBCM.VN trades 34.4% above its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Investment and Industrial Development Joint Stock Corp fundamental analysis
8 of 22 checks passedROE 0/2
Low return on equity (4.4%), below 10%.
ROA 0/1
Return on assets (1.5%) is below the industry median (1.5%).
Profit Consistency 2/2
Profitable for 6 consecutive years.
Earnings Growth 5Y 1/1
Earnings per share grew over the past 5 years.
Earnings Acceleration 1/1
Last year's EPS growth (59.6%) is above the 5-year average (10.8% a year).
Earnings Growth vs Industry 0/1
Last year's EPS growth (59.6%) is below the industry median (59.6%).
Revenue Growth 1/2
Revenue grew 1.9% a year over the past 3 years.
Short-term Liquidity 1/1
Current assets cover short-term liabilities.
Long-term Liabilities 1/1
Current assets cover long-term liabilities.
Debt to Equity 1/2
Moderate debt to equity (77.3%), up to 100%.
Debt Trend 0/1
Debt to equity has risen over the past 5 years.
Debt Coverage 0/1
Operating cash flow does not cover 20% of total debt.
Interest Coverage 0/1
EBIT is 1.6x against interest expense, below 5x.
PE vs Market 0/1
PE (23.0x) is above the market median (11.2x).
PE vs Industry 0/1
PE (23.0x) is above the industry median (7.6x).
PBV 0/1
Price to book (1.9x) is above the industry median (0.9x).
Graham Number 0/1
The price is above the Graham number (PE x PB = 43.3, limit 22.5).
PEG 0/1
PEG on 5-year earnings growth is 2.13, above 1.
Dividend Yield 0/2
Dividend yield (0.0%) is in the bottom 25% of dividend payers in the market.
Dividend Stability 0/2
Dividends were not paid steadily for the past 5 years.
Dividend Growth 0/1
Dividends paid did not grow over the past 5 years.
Payout Ratio 1/1
Payout ratio is 0.3%, covered by earnings.
Each check is worth 1 or 2 points by how much it says about the quality of the company. The score is the share of points earned, out of 5. Ask AI to explain this score
Investment and Industrial Development Joint Stock Corp stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Investment and Industrial Development Joint Stock Corp
Becamex Investment and Industrial Development Group engages in the investment and development of industrial, residential, urban, and transportation infrastructure projects in Vietnam. It offers real estate trading and development, cadastral surveying and mapping, cargo and passenger transportation by road, inland waterway, rail, and multimodal transport, electricity transmission, distribution and construction of electrical works, architectural design and technical consultanc…
Full company profileInvestment and Industrial Development Joint Stock Corp financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 2 quarters up to Jun 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Investment and Industrial Development Joint Stock Corp annual financial statements (VND; K = thousand, M = million, B = billion, T = trillion)
| Item | 2015 | 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | - | - | - | - | 6.51T | 6.98T | 6.57T | 7.88T | 5.26T | 6.95T | 3.99T |
| Gross Profit | - | - | - | - | 3.26T | 3.22T | 2.77T | 4.25T | 3.51T | 4.16T | 2.45T |
| Operating Income | - | - | - | - | 1.88T | 2.01T | 1.48T | 2.78T | 1.79T | 2.43T | 1.13T |
| EBITDA | - | - | - | - | - | - | 2.98T | 3.84T | 4.10T | 5.31T | 2.98T |
| Net Income | - | - | - | - | 2.10T | 1.45T | 1.70T | 2.42T | 2.19T | 3.50T | 968B |
| EPS | - | - | - | - | 2,027 | 1,402 | 1,643 | 2,341 | 2,119 | 3,383 | 935 |
| Balance Sheet | |||||||||||
| Total Assets | - | - | - | - | 49.1T | 49.0T | 48.3T | 53.4T | 58.8T | 60.9T | 62.6T |
| Total Liabilities | - | - | - | - | 32.5T | 31.9T | 30.5T | 34.0T | 38.3T | 37.6T | 40.2T |
| Shareholders' Equity | - | - | - | - | 15.4T | 16.1T | 16.8T | 18.6T | 19.4T | 22.7T | 21.9T |
| Cash & Short-term Investments | - | - | - | - | 1.78T | 2.98T | 1.07T | 1.33T | 2.21T | 2.35T | 1.52T |
| Cash Flow | |||||||||||
| Operating Cash Flow | -2.58T | 1.34T | 1.24T | 2.20T | 2.55T | 343B | 504B | -3.15T | -646B | -223B | -3.58T |
| Capital Expenditure | 870B | 1.73T | 186B | 153B | 337B | 25.8B | 212B | 115B | 332B | 156B | 27.9B |
| Free Cash Flow | - | - | - | - | 2.21T | 317B | 292B | -3.27T | -978B | -379B | -3.61T |
| Ratios | |||||||||||
| ROE | - | - | - | - | 13.6% | 9.0% | 10.1% | 13.1% | 11.3% | 15.4% | 4.4% |
| ROA | - | - | - | - | 4.3% | 3.0% | 3.5% | 4.5% | 3.7% | 5.7% | 1.5% |
| Net Profit Margin | - | - | - | - | 32.2% | 20.8% | 25.9% | 30.7% | 41.7% | 50.4% | 24.3% |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
Investment and Industrial Development Joint Stock Corp dividends
- Dividend yield
- 0.03%
- Forward dividend
- 1,100.00 VND
- Payout ratio
- 0.3%
- Ex-dividend date
- Feb 12, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | VND 11.1B | 11 | 0.3% |
| 2024 | VND 1.04T | 1,000 | 47.2% |
| 2023 | VND 828B | 800 | 34.2% |
| 2022 | VND 725B | 700 | 42.6% |
| 2021 | VND 828B | 800 | 57.1% |
| 2020 | VND 411B | 397 | 19.6% |
| 2019 | SGD 739B | 714 | - |
| 2018 | VND 739B | - | - |
| 2016 | VND 673B | - | - |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Who owns Investment and Industrial Development Joint Stock Corp
- Insiders 96.61%
- Institutions 0.64%
- Public & others 2.75%
- Shares outstanding 1.04B
- Free float 1.03B
Investment and Industrial Development Joint Stock Corp company profile
- Company name
- Investment and Industrial Development Joint Stock Corp
- Ticker
- BCM.VN
- ISIN
- VN000000BCM3
- Exchange
- Vietnam Stocks
- Sector
- Real Estate
- Industry
- Real Estate - Diversified
- Employees
- 3,044
- Fiscal year end
- December
- Address
- mPlaza Saigon Building, Thu Dau Mot, Vietnam
- Phone
- 84 27 4382 2655
- Website
- becamex.com.vn
About Investment and Industrial Development Joint Stock Corp
Becamex Investment and Industrial Development Group engages in the investment and development of industrial, residential, urban, and transportation infrastructure projects in Vietnam. It offers real estate trading and development, cadastral surveying and mapping, cargo and passenger transportation by road, inland waterway, rail, and multimodal transport, electricity transmission, distribution and construction of electrical works, architectural design and technical consultancy, construction of civil engineering works, residential buildings, railway infrastructure and waterway projects, and warehousing and logistics support services. It also provides cargo loading and unloading, mining and mineral processing, manufacturing and trading of consumer electronics, machinery, equipment, textiles and garments, construction materials and precast concrete components, medical and dental clinic operations, repair and maintenance of transport vehicles and railway equipment, and investment and development of industrial parks and urban infrastructure services. In addition, the company is involved in project management and construction supervision, PPP construction investment projects, customs clearance and forwarding services, marketing and investment consultancy, financial investment in domestic and international enterprises, hospital, and healthcare and education services. The company was formerly known as Investment and Industrial Development Corporation - JSC and changed its name to Becamex Investment and Industrial Development Group in October 2025. Becamex Investment and Industrial Development Group was founded in 1976 and is headquartered in Thu Dau Mot City, Vietnam.
Investment and Industrial Development Joint Stock Corp management
10- Mr. Thuan Ngoc PhamGeneral Director, CEO, Member of the Board of Management & Vice Chairman · born 1966
- Mr. Duy The NguyenDeputy General Director,Member of The Management Board & Vice Chairman
- Mr. Cuong Van Viet QuangDeputy General Director & Member of the Board of Management
- Mr. Huy Van Thanh NguyenDeputy General Director & Member of the Board of Management
- Mr. Duc Xuan TrinhDeputy CEO, Deputy General Director & Member of the Board of Management
- Mr. Dung Quoc GiangSecretary of the Board of Directors & Member of the Board of Management · born 1974
- Ms. Minh Thi Hong TranDeputy General Director & Member of Management Board
- Mr. Nhan Thi Thanh NguyenChief Accountant
- Ms. Duong Thi Thuy NguyenFinancial Director · born 1988
- Ms. Thuy Minh Diem HoHead of Internal Audit Department