GVR.VN Vietnam Rubber Group Ltd
- Market cap
- VND 128T
- P/E
- 17.4x
- P/B
- 2.03x
- ROE
- 15.0%
- Dividend yield
- 1.62%
- Fundamental score
- 2.9/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is GVR.VN undervalued?
Graham numberGVR.VN trades 25.2% 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?
Vietnam Rubber Group Ltd fundamental analysis
14 of 22 checks passedROE 1/2
Moderate return on equity (15.0%), between 10% and 20%.
ROA 1/1
Return on assets (10.1%) is above the industry median (3.6%).
Profit Consistency 2/2
Profitable for 7 consecutive years.
Earnings Growth 5Y 0/1
Earnings per share history is shorter than 5 years.
Earnings Acceleration 0/1
Not enough positive earnings history to compare last year's growth with the 5-year average.
Earnings Growth vs Industry 1/1
Last year's EPS growth (33.3%) is above the industry median (17.5%).
Revenue Growth 1/2
Revenue grew 4.6% 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 2/2
Low debt to equity (2.3%), 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 78.2x against interest expense, well covered.
PE vs Market 0/1
PE (17.7x) is above the market median (11.2x).
PE vs Industry 0/1
PE (17.7x) is above the industry median (11.2x).
PBV 0/1
Price to book (2.1x) is above the industry median (1.2x).
Graham Number 0/1
The price is above the Graham number (PE x PB = 36.9, limit 22.5).
PEG 0/1
PEG needs positive PE and positive 5-year earnings growth.
Dividend Yield 1/2
Dividend yield (1.6%) 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 38.9%, 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
Vietnam Rubber Group Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Vietnam Rubber Group Ltd
Vietnam Rubber Group - Joint Stock Company, together with its subsidiaries, engages in the planting, tending, exploiting, processing, and trading of rubber in Vietnam and internationally. It operates through seven segments: Rubber Latex Production and Trading; Production and Trading of Rubber Products; Wood Processing, Production, and Trading; Real Estate and Infrastructure Construction; Tourism, Restaurant, Hotel, and Related Services Business; Electricity Business; and Oth…
Full company profileVietnam Rubber Group Ltd 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.
Vietnam Rubber Group Ltd annual financial statements (VND; K = thousand, M = million, B = billion, T = trillion)
| Item | 2015 | 2016 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | - | - | 19.8T | 21.1T | 26.2T | 25.4T | 22.1T | 26.2T | 29.1T | 31.9T |
| Gross Profit | - | - | 4.62T | 4.60T | 7.58T | 6.39T | 4.96T | 6.97T | 8.65T | 9.01T |
| Operating Income | - | - | 2.63T | 2.38T | 5.40T | 4.01T | 2.51T | 4.09T | 4.97T | 5.74T |
| EBITDA | - | - | - | - | - | 8.72T | 7.08T | 8.66T | 10.5T | 15.1T |
| Net Income | - | - | 3.25T | 3.77T | 4.16T | 3.88T | 2.62T | 3.99T | 5.32T | 9.08T |
| EPS | - | - | - | - | - | - | 656 | 997 | 1,330 | 2,270 |
| Balance Sheet | ||||||||||
| Total Assets | - | - | 78.5T | 80.3T | 79.0T | 78.4T | 78.1T | 83.4T | 86.3T | 90.3T |
| Total Liabilities | - | - | 27.9T | 28.8T | 27.1T | 24.9T | 23.1T | 25.0T | 24.1T | 23.4T |
| Shareholders' Equity | - | - | 46.8T | 47.6T | 47.9T | 49.1T | 49.9T | 53.0T | 56.4T | 60.6T |
| Cash & Short-term Investments | - | - | 7.11T | 5.53T | 5.30T | 4.37T | 5.56T | 5.78T | 8.24T | 8.28T |
| Cash Flow | ||||||||||
| Operating Cash Flow | 975B | 3.94T | 3.75T | -852B | 3.92T | 1.34T | 3.25T | 434B | 6.95T | 10.3T |
| Capital Expenditure | 6.03T | 3.61T | 865B | 859B | 865B | 802B | 965B | 596B | 1.16T | 1.13T |
| Free Cash Flow | - | - | 2.89T | -1.71T | 3.06T | 540B | 2.28T | -162B | 5.80T | 9.17T |
| Ratios | ||||||||||
| ROE | - | - | 6.9% | 7.9% | 8.7% | 7.9% | 5.3% | 7.5% | 9.4% | 15.0% |
| ROA | - | - | 4.1% | 4.7% | 5.3% | 4.9% | 3.4% | 4.8% | 6.2% | 10.1% |
| Net Profit Margin | - | - | 16.4% | 17.9% | 15.9% | 15.3% | 11.8% | 15.2% | 18.3% | 28.5% |
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.
Vietnam Rubber Group Ltd dividends
- Dividend yield
- 1.62%
- Forward dividend
- 400.00 VND
- Payout ratio
- 38.9%
- Ex-dividend date
- Nov 13, 2025
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | VND 2.07T | 517 | 38.9% |
| 2024 | VND 87.9B | 22 | 2.2% |
| 2023 | VND 87.9B | 22 | 3.4% |
| 2022 | VND 119B | - | 3.1% |
| 2021 | VND 110B | - | 2.6% |
| 2020 | VND 119B | - | 3.1% |
| 2019 | VND 113B | - | 3.5% |
| 2016 | VND 223B | - | - |
| 2015 | VND 218B | - | - |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Who owns Vietnam Rubber Group Ltd
- Insiders 96.78%
- Institutions 0.39%
- Public & others 2.83%
- Shares outstanding 4.00B
- Free float 100M
Vietnam Rubber Group Ltd company profile
- Company name
- Vietnam Rubber Group Ltd
- Ticker
- GVR.VN
- ISIN
- VN000000GVR1
- Exchange
- Vietnam Stocks
- Sector
- Basic Materials
- Industry
- Specialty Chemicals
- Employees
- 75,934
- Fiscal year end
- December
- Address
- No. 236 Nam Ky Khoi Nghia, Ho Chi Minh City, Vietnam
- Phone
- 84 2 8393 25234
- Website
- vrg.vn
About Vietnam Rubber Group Ltd
Vietnam Rubber Group - Joint Stock Company, together with its subsidiaries, engages in the planting, tending, exploiting, processing, and trading of rubber in Vietnam and internationally. It operates through seven segments: Rubber Latex Production and Trading; Production and Trading of Rubber Products; Wood Processing, Production, and Trading; Real Estate and Infrastructure Construction; Tourism, Restaurant, Hotel, and Related Services Business; Electricity Business; and Other Business Activities. The company produces, processes, and trades in natural rubber latex, rubber industrial products, and rubberwood products; invests in the construction, sale, and lease of real estate and industrial park infrastructure, as well as other real estate activities; and leases restaurants and hotels, as well as offers tourism and other related services. It also trades in commercial electricity; develops renewable energy sources, including solar, wind, and pumped storage hydropower; and provides consulting, construction, transportation, technical, agricultural, and other related services. In addition, the company engages in the exploitation and processing of forestry, industrial, and agricultural crops, as well as minerals; mixed farming; wholesale trading of fertilizers, pesticides, and other agricultural chemicals; import and export; construction of civil and irrigation works; and production of bricks and tiles. Further, it is involved in the research, training, and transfer of scientific and technological advances in the fields of agriculture and natural rubber; medical examination and treatment for workers; and journalism and printing. The company was founded in 1975 and is headquartered in Ho Chi Minh City, Vietnam.
Vietnam Rubber Group Ltd management
9- Mr. Hung Thanh LeCEO, Member of Management Board & Director
- Mr. Trung Minh TruongDeputy General Director, Member of Management Board & Director
- Mr. Phuoc Huu DoDirector & Member of Management Board
- Mr. Duong Hai PhamDeputy Chief Executive Officer & Member of Management Board
- Mr. Em Van Hoi PhamDeputy General Director & Member of Management Board
- Mr. Hung Nhu TranDeputy General Director
- Mr. Cuong Van NguyenHead of the Board of Supervisor & Controller
- Ms. Nhu Thi To LuuAccounting Manager
- Mr. Huan Don HoangHead of Administration