GEG.VN Gia Lai Electricity JSC
- Market cap
- VND 4.44T
- P/E
- 13.6x
- P/B
- 0.96x
- ROE
- 9.1%
- Dividend yield
- 1.73%
- Fundamental score
- 2.7/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is GEG.VN undervalued?
Graham numberGEG.VN trades 23.8% 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?
Gia Lai Electricity JSC fundamental analysis
13 of 22 checks passedROE 0/2
Low return on equity (9.1%), below 10%.
ROA 0/1
Return on assets (3.0%) is below the industry median (3.0%).
Profit Consistency 2/2
Profitable for 6 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 (517.1%) is above the 5-year average (22.7% a year).
Earnings Growth vs Industry 1/1
Last year's EPS growth (517.1%) is above the industry median (5.6%).
Revenue Growth 2/2
Revenue grew 12.7% a year over the past 3 years.
Short-term Liquidity 1/1
Current assets cover short-term liabilities.
Long-term Liabilities 0/1
Current assets do not cover long-term liabilities.
Debt to Equity 0/2
High debt to equity (147.4%), above 100%.
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 1.9x against interest expense, below 5x.
PE vs Market 0/1
PE (13.7x) is above the market median (11.2x).
PE vs Industry 1/1
PE (13.7x) is below the industry median (19.7x).
PBV 1/1
Price to book (1.0x) is below the industry median (1.6x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 13.3, limit 22.5).
PEG 1/1
PEG on 5-year earnings growth is 0.60, growth is cheap.
Dividend Yield 1/2
Dividend yield (1.7%) 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 1/1
Dividends paid grew over the past 5 years.
Payout Ratio 1/1
Payout ratio is 10.8%, 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
Gia Lai Electricity JSC stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Gia Lai Electricity JSC
Gia Lai Electricity Joint Stock Company produces, transmits, and distributes electricity in Vietnam. The company operates through Manufacturing and selling electricity, Rendering of services, Sales of goods, and Construction segments. It also engages in setting up electrical system; construction of industrial projects, hydroelectric projects, dams and dykes, road embankments, and other projects; consulting on survey, design, construction, and supervision of small and medium …
Full company profileGia Lai Electricity 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.
Gia Lai Electricity 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 | - | 1.49T | 1.38T | 2.09T | 2.16T | 2.33T | 3.00T | 2.70T |
| Gross Profit | - | 761B | 767B | 1.01T | 1.12T | 1.07T | 1.71T | 1.45T |
| Operating Income | - | 645B | 653B | 851B | 961B | 938B | 1.51T | 1.28T |
| EBITDA | - | - | - | 1.65T | 1.73T | 1.77T | 2.44T | 2.12T |
| Net Income | - | 257B | 283B | 316B | 137B | 115B | 709B | 470B |
| EPS | - | 710 | - | - | 402 | 320 | 1,977 | 1,248 |
| Balance Sheet | ||||||||
| Total Assets | - | 7.77T | 12.5T | 17.1T | 16.1T | 15.2T | 15.1T | 15.5T |
| Total Liabilities | - | 4.31T | 8.73T | 11.5T | 10.4T | 9.41T | 8.61T | 8.73T |
| Shareholders' Equity | - | 3.06T | 3.38T | 4.28T | 4.35T | 4.42T | 4.96T | 5.18T |
| Cash & Short-term Investments | - | 135B | 250B | 334B | 229B | 164B | 86.4B | 100B |
| Cash Flow | ||||||||
| Operating Cash Flow | -333B | 421B | 2.54T | -191B | 1.06T | 913B | 933B | 1.44T |
| Capital Expenditure | 2.67T | 779B | 5.86T | 3.88T | 1.58T | 102B | 409B | 1.31T |
| Free Cash Flow | - | -359B | -3.32T | -4.10T | -517B | 811B | 524B | 138B |
| Ratios | ||||||||
| ROE | - | 8.4% | 8.4% | 7.4% | 3.2% | 2.6% | 14.3% | 9.1% |
| ROA | - | 3.3% | 2.3% | 1.8% | 0.9% | 0.8% | 4.7% | 3.0% |
| Net Profit Margin | - | 17.2% | 20.5% | 15.1% | 6.3% | 4.9% | 23.6% | 17.4% |
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.
Gia Lai Electricity JSC dividends
- Dividend yield
- 1.73%
- Forward dividend
- -
- Payout ratio
- 10.8%
- Ex-dividend date
- Aug 23, 2021
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | VND 76.8B | 214 | 10.8% |
| 2024 | VND 76.2B | 213 | 66.4% |
| 2023 | VND 84.3B | 247 | 61.4% |
| 2022 | VND 57.1B | - | 18.1% |
| 2021 | VND 140B | - | 49.5% |
| 2020 | VND 35.6B | 98 | 13.8% |
| 2019 | VND 167B | 541 | - |
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: 105:100 on Jun 10, 2026.
Who owns Gia Lai Electricity JSC
- Insiders 76.29%
- Institutions 0.06%
- Public & others 23.65%
- Shares outstanding 376M
- Free float 82.4M
Gia Lai Electricity JSC company profile
- Company name
- Gia Lai Electricity JSC
- Ticker
- GEG.VN
- ISIN
- VN000000GEG0
- Exchange
- Vietnam Stocks
- Sector
- Utilities
- Industry
- Utilities - Renewable
- Employees
- 509
- Fiscal year end
- December
- Address
- 114 Truong Chinh Street, Pleiku, Vietnam
- Phone
- 84 26 9382 3604
- Website
- geccom.vn
About Gia Lai Electricity JSC
Gia Lai Electricity Joint Stock Company produces, transmits, and distributes electricity in Vietnam. The company operates through Manufacturing and selling electricity, Rendering of services, Sales of goods, and Construction segments. It also engages in setting up electrical system; construction of industrial projects, hydroelectric projects, dams and dykes, road embankments, and other projects; consulting on survey, design, construction, and supervision of small and medium hydroelectric projects, lines, and transformer stations; wholesale of other machinery, equipment and spare parts; and provision of construction, technical, electrical consulting services, and financial investment. In addition, the company is involved in production of concrete and products from cement and gypsum; laboratory services; and solar and wind power operation and maintenance. Gia Lai Electricity Joint Stock Company was founded in 1989 and is headquartered in Pleiku, Vietnam.
Gia Lai Electricity JSC management
5- Ms. Ha Thai NguyenCEO & Director
- Ms. Tham Thi-Hong TranChief Accountant & Finance Director
- Mr. Vinh Thanh LePermanent Deputy Chief Executive Officer
- Mr. Nguyen Phong PhuDeputy Chief Executive Officer
- Mr. Anh Thanh Tuan PhamSecretary