GAS.VN Petrovietnam Gas JSC
- Market cap
- VND 183T
- P/E
- 15.0x
- P/B
- 2.73x
- ROE
- 25.6%
- Dividend yield
- 2.74%
- Fundamental score
- 3.2/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is GAS.VN undervalued?
Graham numberGAS.VN trades 35.0% 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?
Petrovietnam Gas JSC fundamental analysis
14 of 22 checks passedROE 2/2
High return on equity (25.6%), above 20%.
ROA 1/1
Return on assets (17.1%) is above 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 (6.6%) is above the 5-year average (2.9% a year).
Earnings Growth vs Industry 0/1
Last year's EPS growth (6.6%) is below the industry median (17.5%).
Revenue Growth 2/2
Revenue grew 10.3% 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 (1.7%), 40% or less.
Debt Trend 1/1
Debt to equity has not risen over the past 5 years.
Debt Coverage 1/1
Operating cash flow covers 20% of total debt.
Interest Coverage 1/1
EBIT is 100.6x against interest expense, well covered.
PE vs Market 0/1
PE (15.0x) is above the market median (11.2x).
PE vs Industry 0/1
PE (15.0x) is above the industry median (11.2x).
PBV 0/1
Price to book (2.7x) is above the industry median (1.2x).
Graham Number 0/1
The price is above the Graham number (PE x PB = 41.0, limit 22.5).
PEG 0/1
PEG on 5-year earnings growth is 5.22, above 1.
Dividend Yield 1/2
Dividend yield (2.7%) 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 0/1
Dividends paid did not grow over the past 5 years.
Payout Ratio 1/1
Payout ratio is 43.9%, 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
Petrovietnam Gas JSC stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Petrovietnam Gas JSC
Petrovietnam Gas Joint Stock Corporation, together with its subsidiaries, engages in the collection, transportation, processing, storage, distribution, importing, and trading of gas and gas related products in Vietnam. The company offers liquefied petroleum gas, dry gas, condensate, compressed natural gas, and liquefied natural gas; gas cylinders under PetroVietnam brand; and steel pipes products. It also provides gas gathering, importation, and transportation and distributi…
Full company profilePetrovietnam Gas 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.
Petrovietnam Gas 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 | 75.0T | 64.1T | 79.0T | 101T | 90.0T | 104T | 135T | 163T |
| Gross Profit | 16.9T | 11.4T | 14.0T | 21.3T | 16.9T | 17.7T | 17.1T | 24.6T |
| Operating Income | 13.6T | 8.69T | 10.4T | 17.8T | 12.9T | 12.0T | 13.1T | 21.3T |
| EBITDA | 18.0T | 12.6T | 14.6T | 22.2T | 18.0T | 16.2T | 17.4T | 24.9T |
| Net Income | 11.9T | 7.85T | 8.67T | 14.8T | 11.6T | 10.4T | 11.4T | 17.6T |
| EPS | 6,219 | 4,104 | 4,531 | 7,732 | 4,954 | 4,439 | 4,730 | 7,289 |
| Balance Sheet | ||||||||
| Total Assets | 62.2T | 63.2T | 78.8T | 82.7T | 87.8T | 81.9T | 93.5T | 103T |
| Total Liabilities | 12.6T | 13.7T | 26.6T | 21.5T | 22.5T | 20.3T | 25.9T | 32.6T |
| Shareholders' Equity | 48.5T | 48.4T | 51.1T | 59.9T | 64.0T | 60.2T | 66.3T | 68.7T |
| Cash & Short-term Investments | 4.48T | 5.24T | 5.30T | 10.5T | 5.67T | 5.65T | 6.88T | 11.1T |
| Cash Flow | ||||||||
| Operating Cash Flow | 12.7T | 7.33T | 7.59T | 12.8T | 11.9T | 9.04T | 13.0T | 14.1T |
| Capital Expenditure | 2.69T | 4.17T | 4.75T | 2.01T | 1.57T | 1.93T | 2.31T | 3.70T |
| Free Cash Flow | 9.99T | 3.16T | 2.85T | 10.8T | 10.3T | 7.11T | 10.7T | 10.4T |
| Ratios | ||||||||
| ROE | 24.5% | 16.2% | 17.0% | 24.7% | 18.1% | 17.3% | 17.2% | 25.6% |
| ROA | 19.1% | 12.4% | 11.0% | 17.9% | 13.2% | 12.7% | 12.2% | 17.1% |
| Net Profit Margin | 15.9% | 12.2% | 11.0% | 14.7% | 12.9% | 10.0% | 8.4% | 10.8% |
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.
Petrovietnam Gas JSC dividends
- Dividend yield
- 2.74%
- Forward dividend
- 2,500.00 VND
- Payout ratio
- 43.9%
- Ex-dividend date
- Sep 22, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | VND 5.01T | 2,077 | 43.9% |
| 2024 | VND 13.9T | 5,922 | 133.4% |
| 2023 | VND 5.23T | 2,233 | 45.1% |
| 2022 | VND 5.74T | 3,000 | 38.8% |
| 2021 | VND 5.74T | 3,000 | 66.2% |
| 2020 | VND 6.70T | 3,500 | 85.3% |
| 2019 | VND 8.23T | 4,300 | 69.1% |
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: 103:100 on Aug 28, 2025.
Who owns Petrovietnam Gas JSC
- Insiders 95.77%
- Institutions 1.37%
- Public & others 2.86%
- Shares outstanding 2.41B
- Free float 102M
Petrovietnam Gas JSC company profile
- Company name
- Petrovietnam Gas JSC
- Ticker
- GAS.VN
- ISIN
- VN000000GAS3
- Exchange
- Vietnam Stocks
- Sector
- Energy
- Industry
- Oil & Gas Integrated
- Employees
- 2,915
- Fiscal year end
- December
- Address
- PV Gas Tower, Ho Chi Minh City, Vietnam
- Phone
- 84 8 3781 6777
- Website
- pvgas.com.vn
About Petrovietnam Gas JSC
Petrovietnam Gas Joint Stock Corporation, together with its subsidiaries, engages in the collection, transportation, processing, storage, distribution, importing, and trading of gas and gas related products in Vietnam. The company offers liquefied petroleum gas, dry gas, condensate, compressed natural gas, and liquefied natural gas; gas cylinders under PetroVietnam brand; and steel pipes products. It also provides gas gathering, importation, and transportation and distribution, converting engines to run on gas, and maintenance and repair services for gas facility equipment; coating services for oil and gas pipelines; and steel pipe services comprising steel plates supply, welding, non-destructing testing, and chemical analysis and mechanical testing services, as well as engages in the construction and installation of equipment and other accessories. In addition, the company is involved in wholesaling solid, liquid and gaseous fuel, and other products; construction activities, including investing, constructing, managing, maintaining, and repairing gas and gas related construction works and projects; real estate business; and investing activities. It supplies its gas to power and fertilizer plants, industrial manufacturers, LPG trading and distributing companies, and transportation and processing industries, as well as to manufacturers of ceramic tiles, steel, and porcelain. The company was formerly known as PetroVietnam Gas Corporation " One Member Company Limited and changed its name to Petrovietnam Gas Joint Stock Corporation in May 2011. The company was founded in 1990 and is headquartered in Ho Chi Minh City, Vietnam. Petrovietnam Gas Joint Stock Corporation is a subsidiary of Vietnam Oil and Gas Group.
Petrovietnam Gas JSC management
3- Mr. Hai Quang HuynhVP & Member of Management Board
- Mr. Luan Cong NguyenVP & Member of Management Board
- Mr. Dung Trong HoangDeputy CEO, VP & Member of Management Board · born 1973