FCN.VN Fecon Foundation Engineering and Underground Construction JSC

Industrials Engineering & Construction Vietnam Stocks
10,600 VND
Close of Oct 30, 2026
10,150 16,650
Market cap
VND 1.68T
P/E
17.8x
P/B
0.66x
ROE
4.7%
Dividend yield
3.90%
Fundamental score
2.1/5

Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.

Is FCN.VN undervalued?

Graham number
Price10,600
Graham value14,699
Discount27.9%

FCN.VN trades 27.9% 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?

Fecon Foundation Engineering and Underground Construction JSC fundamental analysis

11 of 22 checks passed

ROE 0/2

Low return on equity (4.7%), below 10%.

ROA 0/1

Return on assets (1.1%) is below the industry median (3.0%).

Profit Consistency 0/2

Not profitable for at least 3 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 (240.8%) is above the 5-year average (-26.8% a year).

Earnings Growth vs Industry 1/1

Last year's EPS growth (240.8%) is above the industry median (46.0%).

Revenue Growth 2/2

Revenue grew 16.9% 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 (48.2%), up to 100%.

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 0/1

EBIT is 1.9x against interest expense, below 5x.

PE vs Market 0/1

PE (17.8x) is above the market median (11.2x).

PE vs Industry 0/1

PE (17.8x) is above the industry median (11.8x).

PBV 1/1

Price to book (0.7x) is below the industry median (1.0x).

Graham Number 1/1

The price is below the Graham number (PE x PB = 11.8, limit 22.5).

PEG 0/1

PEG needs positive PE and positive 5-year earnings growth.

Dividend Yield 1/2

Dividend yield (3.9%) 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 0/1

Payout ratio is 206.9%, 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

Fecon Foundation Engineering and Underground Construction JSC stock price

Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.

About Fecon Foundation Engineering and Underground Construction JSC

FECON Corporation operates as an infrastructure construction and development company in Vietnam. The company engages in the construction of industrial and urban infrastructure, bridges, roads, railways, airports, waterworks, and climate-resilient hydraulic infrastructure; pile supply and piling works, bored pile and d-wall construction, soil improvement, and basement and sub-structures construction; and underground construction, including TBM and pipe jacking construction, w…

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