CMG.VN CMC Corp
- Market cap
- VND 4.38T
- P/E
- 11.5x
- P/B
- 1.31x
- ROE
- 9.0%
- Dividend yield
- 0.59%
- Fundamental score
- 2.1/5
Ratios use the latest price and the current fiscal year annualized from 1 quarter up to Jun 2026.
Is CMG.VN undervalued?
Graham numberCMG.VN trades 18.3% below 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?
CMC Corp fundamental analysis
11 of 22 checks passedROE 0/2
Low return on equity (9.0%), below 10%.
ROA 0/1
Return on assets (2.8%) is below the industry median (3.6%).
Profit Consistency 2/2
Profitable for 7 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 (18.2%) is above the 5-year average (14.6% a year).
Earnings Growth vs Industry 1/1
Last year's EPS growth (18.2%) is above the industry median (17.5%).
Revenue Growth 1/2
Revenue grew 7.7% 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 (69.1%), 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 4.7x against interest expense, below 5x.
PE vs Market 0/1
PE (11.7x) is above the market median (11.2x).
PE vs Industry 0/1
PE (11.7x) is above the industry median (11.2x).
PBV 0/1
Price to book (1.3x) is above the industry median (1.2x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 15.5, limit 22.5).
PEG 1/1
PEG on 5-year earnings growth is 0.80, growth is cheap.
Dividend Yield 0/2
Dividend yield (0.6%) 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 6.2%, 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
CMC Corp stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About CMC Corp
CMC Corporation, together with its subsidiaries, engages in the provision of information technology and other services relating to computers in Vietnam and internationally. The company is also involved in the production, assembly, and distribution of computer services, as well as provision of software and content services and solutions. It also manufactures, trades in, and repairs machineries and electronic equipment, and communications and information technology; and trades…
Full company profileCMC Corp financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 1 quarter up to Jun 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
CMC Corp annual financial statements (VND; K = thousand, M = million, B = billion, T = trillion)
| Item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 4.86T | 5.18T | 6.29T | 7.66T | 7.34T | 8.20T | 9.56T | 9.29T |
| Gross Profit | 899B | 906B | 1.18T | 1.44T | 1.37T | 1.50T | 1.73T | 1.66T |
| Operating Income | 232B | 250B | 355B | 396B | 398B | 451B | 554B | 460B |
| EBITDA | - | - | - | 836B | 914B | 960B | 1.14T | 1.08T |
| Net Income | 144B | 175B | 242B | 311B | 337B | 349B | 413B | 300B |
| EPS | 737 | 897 | 1,235 | 1,326 | 1,450 | 1,500 | 1,774 | 1,289 |
| Balance Sheet | ||||||||
| Total Assets | 4.65T | 4.98T | 6.26T | 6.56T | 6.85T | 7.68T | 10.5T | 10.8T |
| Total Liabilities | 2.40T | 2.66T | 3.53T | 3.44T | 3.51T | 4.00T | 6.39T | 6.58T |
| Shareholders' Equity | 1.92T | 1.96T | 2.20T | 2.47T | 2.64T | 2.92T | 3.27T | 3.34T |
| Cash & Short-term Investments | 213B | 158B | 351B | 371B | 511B | 781B | 574B | 745B |
| Cash Flow | ||||||||
| Operating Cash Flow | 269B | 348B | 627B | 675B | 567B | 941B | 593B | -3.84B |
| Capital Expenditure | 402B | 467B | 772B | 403B | 839B | 776B | 965B | 1.61T |
| Free Cash Flow | -134B | -119B | -146B | 272B | -272B | 166B | -372B | -1.61T |
| Ratios | ||||||||
| ROE | 7.5% | 8.9% | 11.0% | 12.6% | 12.8% | 11.9% | 12.6% | 9.0% |
| ROA | 3.1% | 3.5% | 3.9% | 4.7% | 4.9% | 4.5% | 3.9% | 2.8% |
| Net Profit Margin | 3.0% | 3.4% | 3.8% | 4.1% | 4.6% | 4.3% | 4.3% | 3.2% |
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.
CMC Corp dividends
- Dividend yield
- 0.59%
- Forward dividend
- -
- Payout ratio
- 6.2%
- Ex-dividend date
- Dec 5, 2023
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2026 | VND 25.8B | 111 | 6.2% |
| 2025 | VND 65.2B | 280 | 18.7% |
| 2024 | VND 128B | 553 | 38.1% |
| 2023 | VND 37.7B | 161 | 12.1% |
| 2022 | VND 119M | 0.61 | 0.0% |
| 2021 | VND 131B | 672 | 74.9% |
| 2020 | VND 134B | 685 | 93.0% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 110:100 on Jan 14, 2026.
Who owns CMC Corp
- Insiders 58.18%
- Institutions 1.50%
- Public & others 40.32%
- Shares outstanding 233M
- Free float 229M
CMC Corp company profile
- Company name
- CMC Corp
- Ticker
- CMG.VN
- ISIN
- VN000000CMG2
- Exchange
- Vietnam Stocks
- Sector
- Technology
- Industry
- Information Technology Services
- Employees
- 5,034
- Fiscal year end
- March
- Address
- CMC Tower, Hanoi, Vietnam
- Phone
- 84 24 3795 8668
- Website
- cmc.com.vn
About CMC Corp
CMC Corporation, together with its subsidiaries, engages in the provision of information technology and other services relating to computers in Vietnam and internationally. The company is also involved in the production, assembly, and distribution of computer services, as well as provision of software and content services and solutions. It also manufactures, trades in, and repairs machineries and electronic equipment, and communications and information technology; and trades in real estate and land use rights; and engages in the provision of leasing services. In addition, the company provides telecommunication, BPO and ITO outsourcing, research execute application technology, and information security solutions, as well as digital infrastructure and undergraduate education services. It serves government, banking, financial service, public, manufacturing, insurance, education, and cross industry sectors. CMC Corporation was founded in 1993 and is headquartered in Hanoi, Vietnam.
CMC Corp management
10- Mr. Chinh Trung NguyenExecutive Chairman & Executive Chairman of Board of Management
- Mr. Tung Thanh HoExecutive VP, Member of Management Board & Vice Chairman
- Mr. Tue Minh NguyenSenior VP, CFO & Member of Management Board
- Mr. Son Thanh LeGroup EVP, COO, Chief Governance Officer & Member of Management Board
- Mr. Son Tung DangExecutive VP, CEO & Member of Management Board
- Mr. Hieu Trong NgoGroup Executive VP & Member of Management Board
- Mr. Bao Ngoc DangGroup Executive VP & Member of Management Board
- Mr. Tu Van DangSenior VP, CTO & Member of Management Board
- Mr. Tuan Minh DangSenior VP & Member of Management Board
- Mr. Tung Thanh NguyenExecutive VP & Member of Management Board