DHC.VN Dong Hai JSC of Bentre
- Market cap
- VND 3.85T
- P/E
- 7.2x
- P/B
- 1.62x
- ROE
- 25.1%
- Dividend yield
- 4.60%
- Fundamental score
- 2.9/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is DHC.VN undervalued?
Graham numberDHC.VN trades 28.1% 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?
Dong Hai JSC of Bentre fundamental analysis
14 of 22 checks passedROE 2/2
High return on equity (25.1%), above 20%.
ROA 1/1
Return on assets (15.5%) is above the industry median (3.6%).
Profit Consistency 2/2
Profitable for 6 consecutive years.
Earnings Growth 5Y 0/1
Earnings per share did not grow over the past 5 years.
Earnings Acceleration 1/1
Last year's EPS growth (78.6%) is above the 5-year average (-3.5% a year).
Earnings Growth vs Industry 1/1
Last year's EPS growth (78.6%) is above the industry median (17.5%).
Revenue Growth 0/2
Revenue shrank 2.6% 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 0/2
Debt to equity cannot be calculated: debt is not reported or equity is negative.
Debt Trend 0/1
Debt to equity has risen over the past 5 years.
Debt Coverage 0/1
Debt is not reported.
Interest Coverage 1/1
EBIT is 14.6x against interest expense, well covered.
PE vs Market 1/1
PE (7.1x) is below the market median (11.2x).
PE vs Industry 1/1
PE (7.1x) is below the industry median (11.2x).
PBV 0/1
Price to book (1.6x) is above the industry median (1.2x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 11.2, limit 22.5).
PEG 0/1
PEG needs positive PE and positive 5-year earnings growth.
Dividend Yield 1/2
Dividend yield (4.6%) 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 45.1%, 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
Dong Hai JSC of Bentre stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Dong Hai JSC of Bentre
Dong Hai Joint Stock Company of Ben Tre produces and trades in industrial paper products and cardboard packaging in Vietnam. It offers testliner and medium industrial paper; and 3-layer, 5-layer, and 7-layer carton packaging. The company was founded in 1994 and is headquartered in Chau Thanh, Vietnam.
Full company profileDong Hai JSC of Bentre 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.
Dong Hai JSC of Bentre 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 | - | 2.89T | 4.16T | 3.93T | 3.26T | 3.60T | 3.63T | 4.03T |
| Gross Profit | - | 548B | 673B | 611B | 504B | 426B | 587B | 973B |
| Operating Income | - | 436B | 511B | 453B | 358B | 274B | 424B | 761B |
| EBITDA | - | - | - | 557B | 494B | 407B | 602B | 844B |
| Net Income | - | 392B | 481B | 379B | 309B | 242B | 393B | 630B |
| EPS | - | 4,869 | - | - | 3,843 | 2,278 | 4,069 | 5,931 |
| Balance Sheet | ||||||||
| Total Assets | - | 2.28T | 2.40T | 2.88T | 2.92T | 3.24T | 3.58T | 4.06T |
| Total Liabilities | - | 889B | 704B | 1.13T | 1.06T | 1.24T | 1.37T | 1.55T |
| Shareholders' Equity | - | 1.39T | 1.70T | 1.75T | 1.85T | 2.00T | 2.21T | 2.51T |
| Cash & Short-term Investments | - | 202B | 98.2B | 189B | 247B | 571B | 408B | 476B |
| Cash Flow | ||||||||
| Operating Cash Flow | 192B | 475B | 317B | 351B | 241B | 656B | 465B | - |
| Capital Expenditure | 25.0B | 61.4B | 156B | 127B | 88.1B | 70.6B | 183B | 494B |
| Free Cash Flow | - | 413B | 161B | 227B | 153B | 586B | 282B | -62.3B |
| Ratios | ||||||||
| ROE | - | 28.1% | 28.4% | 21.7% | 16.7% | 12.1% | 17.8% | 25.1% |
| ROA | - | 17.2% | 20.0% | 13.2% | 10.6% | 7.5% | 11.0% | 15.5% |
| Net Profit Margin | - | 13.6% | 11.6% | 9.6% | 9.5% | 6.7% | 10.8% | 15.6% |
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.
Dong Hai JSC of Bentre dividends
- Dividend yield
- 4.60%
- Forward dividend
- 2,000.00 VND
- Payout ratio
- 45.1%
- Ex-dividend date
- Oct 5, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | VND 177B | 1,833 | 45.1% |
| 2024 | VND 80.5B | 758 | 33.3% |
| 2023 | VND 201B | 2,500 | 65.1% |
| 2022 | VND 313B | - | 82.4% |
| 2021 | VND 168B | - | 34.9% |
| 2020 | VND 110B | 1,363 | 28.0% |
| 2019 | VND 110B | - | - |
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: 11:10 on Jun 19, 2026.
Who owns Dong Hai JSC of Bentre
- Insiders 45.41%
- Institutions 10.08%
- Public & others 44.51%
- Shares outstanding 106M
- Free float 68.0M
Dong Hai JSC of Bentre company profile
- Company name
- Dong Hai JSC of Bentre
- Ticker
- DHC.VN
- ISIN
- VN000000DHC9
- Exchange
- Vietnam Stocks
- Sector
- Basic Materials
- Industry
- Paper & Paper Products
- Employees
- 778
- Fiscal year end
- December
- Address
- Lot AIII, Chau Thanh, Vietnam
- Phone
- 84 27 5361 1666
- Website
- dohacobentre.com.vn
About Dong Hai JSC of Bentre
Dong Hai Joint Stock Company of Ben Tre produces and trades in industrial paper products and cardboard packaging in Vietnam. It offers testliner and medium industrial paper; and 3-layer, 5-layer, and 7-layer carton packaging. The company was founded in 1994 and is headquartered in Chau Thanh, Vietnam.
Dong Hai JSC of Bentre management
6- Mr. Van Thanh LuongChairman & Deputy General Director
- Mr. Le Ba PhuongVice Chairman & General Director
- Ms. Ho Thi Song NgocDeputy General Director
- Thanh Hong NguyenChief Accountant
- Mr. Ly Van NguyenDeputy Chief Executive Officer of Technology
- Ms. To Uyen NgocSecretary