CTR.VN Viettel Construction JSC
- Market cap
- VND 8.70T
- P/E
- 12.8x
- P/B
- 3.80x
- ROE
- 29.9%
- Dividend yield
- 2.80%
- Fundamental score
- 2.9/5
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is CTR.VN undervalued?
Graham numberCTR.VN trades 47.2% 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?
Viettel Construction JSC fundamental analysis
12 of 22 checks passedROE 2/2
High return on equity (29.9%), above 20%.
ROA 1/1
Return on assets (6.9%) is above the industry median (3.0%).
Profit Consistency 2/2
Profitable for 7 consecutive years.
Earnings Growth 5Y 0/1
Earnings per share history is shorter than 5 years.
Earnings Acceleration 0/1
Not enough positive earnings history to compare last year's growth with the 5-year average.
Earnings Growth vs Industry 0/1
Last year's EPS growth (24.8%) is below the industry median (46.0%).
Revenue Growth 2/2
Revenue grew 13.8% 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 2/2
Low debt to equity (16.3%), 40% or less.
Debt Trend 0/1
Debt to equity has risen over the past 5 years.
Debt Coverage 1/1
Operating cash flow covers 20% of total debt.
Interest Coverage 1/1
EBIT is 6.1x against interest expense, well covered.
PE vs Market 0/1
PE (12.9x) is above the market median (11.2x).
PE vs Industry 0/1
PE (12.9x) is above the industry median (11.8x).
PBV 0/1
Price to book (3.8x) is above the industry median (1.0x).
Graham Number 0/1
The price is above the Graham number (PE x PB = 49.5, limit 22.5).
PEG 0/1
PEG needs positive PE and positive 5-year earnings growth.
Dividend Yield 1/2
Dividend yield (2.8%) is above 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 1/1
Dividends paid grew over the past 5 years.
Payout Ratio 1/1
Payout ratio is 40.6%, 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
Viettel Construction JSC stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Viettel Construction JSC
Viettel Construction Joint Stock Corporation, together with its subsidiaries, engages in the construction business in Vietnam and internationally. It operates through five segments: Construction Activities; Information Exploitation and Response Operations; Commercial Operations and Integrated Solutions; Infrastructure Leasing Business Activities; and Technical Service Activities. The company constructs apartments, resorts, hotels, and administrative offices, as well as telec…
Full company profileViettel Construction JSC financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Viettel Construction JSC annual financial statements (VND; K = thousand, M = million, B = billion, T = trillion)
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 5.10T | 6.36T | 7.45T | 9.47T | 11.4T | 12.6T | 13.9T | 16.2T |
| Gross Profit | 304B | 475B | 628B | 757B | 902B | 884B | 982B | 1.05T |
| Operating Income | 220B | 327B | 467B | 567B | 654B | 716B | 734B | 797B |
| EBITDA | - | - | - | 800B | 999B | 1.05T | 1.19T | 1.39T |
| Net Income | 189B | 274B | 375B | 455B | 525B | 538B | 600B | 674B |
| EPS | - | - | - | 3,553 | 4,095 | 4,201 | 5,243 | 5,257 |
| Balance Sheet | ||||||||
| Total Assets | 2.44T | 3.88T | 3.96T | 6.06T | 6.99T | 7.11T | 8.19T | 9.73T |
| Total Liabilities | 1.58T | 2.82T | 2.65T | 4.42T | 4.99T | 5.24T | 6.12T | 7.48T |
| Shareholders' Equity | 867B | 1.06T | 1.31T | 1.64T | 2.00T | 1.87T | 2.07T | 2.25T |
| Cash & Short-term Investments | 809B | 504B | 668B | 414B | 819B | 887B | 1.71T | 1.96T |
| Cash Flow | ||||||||
| Operating Cash Flow | 680B | 164B | 588B | 72.2B | 573B | 1.14T | 1.46T | 880B |
| Capital Expenditure | 258B | 488B | 395B | 407B | 483B | 801B | 370B | 141B |
| Free Cash Flow | 422B | -324B | 193B | -334B | 89.7B | 340B | 1.09T | 739B |
| Ratios | ||||||||
| ROE | 21.8% | 25.8% | 28.6% | 27.8% | 26.3% | 28.9% | 29.0% | 29.9% |
| ROA | 7.7% | 7.1% | 9.5% | 7.5% | 7.5% | 7.6% | 7.3% | 6.9% |
| Net Profit Margin | 3.7% | 4.3% | 5.0% | 4.8% | 4.6% | 4.3% | 4.3% | 4.1% |
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.
Viettel Construction JSC dividends
- Dividend yield
- 2.80%
- Forward dividend
- 1,500.00 VND
- Payout ratio
- 40.6%
- Ex-dividend date
- Jul 9, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | VND 244B | 2,131 | 40.6% |
| 2024 | VND 525B | 4,101 | 97.6% |
| 2023 | VND 117B | 916 | 22.4% |
| 2022 | VND 91.9B | 717 | 20.2% |
| 2021 | VND 72.9B | - | 19.4% |
| 2020 | VND 61.9B | - | 22.6% |
| 2019 | VND 53.4B | - | 28.3% |
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: 112:100 on Jul 9, 2026.
Who owns Viettel Construction JSC
- Insiders 66.91%
- Institutions 3.30%
- Public & others 29.79%
- Shares outstanding 128M
- Free float 42.9M
Viettel Construction JSC company profile
- Company name
- Viettel Construction JSC
- Ticker
- CTR.VN
- ISIN
- VN000000CTR4
- Exchange
- Vietnam Stocks
- Sector
- Industrials
- Industry
- Engineering & Construction
- Employees
- 12,575
- Fiscal year end
- December
- Address
- No. 01 Giang Van Minh Street, Hanoi, Vietnam
- Phone
- 84 8 620 81111
- Website
- viettelconstruction.com.vn
About Viettel Construction JSC
Viettel Construction Joint Stock Corporation, together with its subsidiaries, engages in the construction business in Vietnam and internationally. It operates through five segments: Construction Activities; Information Exploitation and Response Operations; Commercial Operations and Integrated Solutions; Infrastructure Leasing Business Activities; and Technical Service Activities. The company constructs apartments, resorts, hotels, and administrative offices, as well as telecommunication, post and television infrastructure, railways, roads, public works, and other civil engineering works; and offers construction design consulting services and interior and exterior architecture, as well as installation, repair, maintenance, and servicing of telecommunications infrastructure. It also provides digital transformation consulting to businesses, IT solution outsourcing services, consulting services for IT deployment and operation, ERP business management software solutions, software solution group, and business intelligence software solutions; and technical solutions and services, including ICT, M and E, solar energy, IT, smart infrastructure, building managed, and smart solutions, as well as solar battery care services, IT and telecommunication infrastructure operation services, and household electrical equipment services. In addition, the company engages in the construction, maintenance, and operation of networks; and leasing of BTS, DAS, undergrounding, transmission, and energy and IoT infrastructure, as well as inbuilding. Further, it is involved in the trading of electrical, electronic, telecommunications, and information technology equipment; wired and wireless telecommunications; and management of construction and installation of electronic and telecommunication projects. The company was founded in 1995 and is headquartered in Hanoi, Vietnam.
Viettel Construction JSC management
6- Mr. Truong Dinh PhamCEO, Member of Board of Management & Director · born 1981
- Mr. Dung Huy NguyenDeputy CEO & Member of Board of Management
- Ms. Hien Thu DaoDeputy CEO & Member of Board of Management
- Mr. Linh Thuc TranDeputy CEO & Member of Board of Management
- Mr. Chung Van DangDeputy CEO & Member of Board of Management
- Tuan PhamChief Accountant