DRC.VN Danang Rubber JSC
- Market cap
- VND 1.41T
- P/E
- 11.2x
- P/B
- 0.76x
- ROE
- 5.0%
- Dividend yield
- 9.29%
- Fundamental score
- 2.0/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is DRC.VN undervalued?
Graham numberDRC.VN trades 38.6% 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?
Danang Rubber JSC fundamental analysis
8 of 22 checks passedROE 0/2
Low return on equity (5.0%), below 10%.
ROA 0/1
Return on assets (2.7%) is below the industry median (3.6%).
Profit Consistency 2/2
Profitable for 7 consecutive years.
Earnings Growth 5Y 0/1
Earnings per share did not grow over the past 5 years.
Earnings Acceleration 0/1
Last year's EPS growth (-50.8%) is not above the 5-year average (-18.7% a year).
Earnings Growth vs Industry 0/1
Last year's EPS growth (-50.8%) is below the industry median (17.5%).
Revenue Growth 1/2
Revenue grew 0.7% 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 2/2
Low debt to equity (5.3%), 40% or less.
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 3.0x against interest expense, below 5x.
PE vs Market 0/1
PE (11.2x) is above the market median (11.2x).
PE vs Industry 0/1
PE (11.2x) is above the industry median (11.2x).
PBV 1/1
Price to book (0.8x) is below the industry median (1.2x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 8.5, limit 22.5).
PEG 0/1
PEG needs positive PE and positive 5-year earnings growth.
Dividend Yield 2/2
Dividend yield (9.3%) is in the top 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 0/1
Payout ratio is 110.3%, above 90% of 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
Danang Rubber JSC stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Danang Rubber JSC
Danang Rubber Joint Stock Company engages in the production and sale of rubber tire and inner tube products in Vietnam and internationally. Its products include PCR tires; radials, include TBR, semi-steel, and golf tires; and bias, including heavy duty, light truck, agricultural, and OTR tires; bicycle and motorcycle tires, including DPLUS tubeless motorcycle and bicycle tires, bicycle inner tubes, and electric bicycle and scooter tires; inner tubes, such as car flaps, car a…
Full company profileDanang Rubber JSC 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.
Danang Rubber 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 | 3.86T | 3.65T | 4.38T | 4.90T | 4.50T | 4.67T | 5.00T | 4.66T |
| Gross Profit | 566B | 597B | 747B | 811B | 649B | 740B | 677B | 805B |
| Operating Income | 382B | 373B | 379B | 416B | 309B | 298B | 175B | 164B |
| EBITDA | 398B | 389B | 412B | 409B | 332B | 325B | 193B | 175B |
| Net Income | 251B | 256B | 291B | 307B | 246B | 241B | 118B | 95.8B |
| EPS | 2,109 | 2,158 | 2,448 | 2,586 | 2,074 | 1,559 | 767 | 621 |
| Balance Sheet | ||||||||
| Total Assets | 2.71T | 2.43T | 3.14T | 3.42T | 3.38T | 4.20T | 4.17T | 3.62T |
| Total Liabilities | 1.08T | 743B | 1.36T | 1.51T | 1.53T | 2.28T | 2.23T | 1.71T |
| Shareholders' Equity | 1.63T | 1.69T | 1.77T | 1.91T | 1.85T | 1.92T | 1.94T | 1.91T |
| Cash & Short-term Investments | 45.7B | 189B | 89.6B | 155B | 321B | 221B | 208B | 114B |
| Cash Flow | ||||||||
| Operating Cash Flow | 406B | 853B | -67.8B | - | - | - | - | - |
| Capital Expenditure | 15.8B | 9.15B | 10.5B | 13.2B | 63.2B | 337B | 85.6B | 53.6B |
| Free Cash Flow | 390B | 844B | -78.3B | 15.2B | 287B | -445B | 49.9B | 37.2B |
| Ratios | ||||||||
| ROE | 15.4% | 15.2% | 16.4% | 16.1% | 13.3% | 12.6% | 6.1% | 5.0% |
| ROA | 9.3% | 10.5% | 9.3% | 9.0% | 7.3% | 5.7% | 2.8% | 2.7% |
| Net Profit Margin | 6.5% | 7.0% | 6.6% | 6.3% | 5.5% | 5.2% | 2.4% | 2.1% |
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.
Danang Rubber JSC dividends
- Dividend yield
- 9.29%
- Forward dividend
- 500.00 VND
- Payout ratio
- 110.3%
- Ex-dividend date
- Jun 3, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | VND 131B | 846 | 110.3% |
| 2024 | VND 143B | 923 | 59.2% |
| 2023 | VND 214B | 1,800 | 86.8% |
| 2022 | VND 202B | 1,700 | 65.7% |
| 2021 | VND 119B | 1,000 | 40.8% |
| 2020 | VND 178B | 1,500 | 69.5% |
| 2019 | VND 131B | 1,100 | 52.2% |
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: 13:10 on Jul 23, 2025.
Who owns Danang Rubber JSC
- Insiders 54.47%
- Institutions 0.75%
- Public & others 44.79%
- Shares outstanding 154M
- Free float 75.7M
Danang Rubber JSC company profile
- Company name
- Danang Rubber JSC
- Ticker
- DRC.VN
- ISIN
- VN000000DRC8
- Exchange
- Vietnam Stocks
- Sector
- Consumer Cyclical
- Industry
- Auto Parts
- Employees
- 1,850
- Fiscal year end
- December
- Address
- Lot G, Da Nang, Vietnam
- Phone
- 84 23 6377 1405
- Website
- drc.com.vn
About Danang Rubber JSC
Danang Rubber Joint Stock Company engages in the production and sale of rubber tire and inner tube products in Vietnam and internationally. Its products include PCR tires; radials, include TBR, semi-steel, and golf tires; and bias, including heavy duty, light truck, agricultural, and OTR tires; bicycle and motorcycle tires, including DPLUS tubeless motorcycle and bicycle tires, bicycle inner tubes, and electric bicycle and scooter tires; inner tubes, such as car flaps, car and motorcycle inner tubes, and motorcycle inner tubes; and technical rubber products. Danang Rubber Joint Stock Company was founded in 1975 and is headquartered in Da Nang, Vietnam.
Danang Rubber JSC management
5- Mr. Nhut Hoang Khanh LeCEO, GM, General Director, Director & Member of Management Board
- Mr. Le Thi My TranChief Accountant
- Dung Van HoMember of Management Board
- Mr. Phu Tuong PhamHead of Technical Engineering Department
- Ms. Thu Anh Thi PhamSecretary