KDH.VN Khang Dien House Trading and Investment JSC
- Market cap
- VND 17.3T
- P/E
- 11.0x
- P/B
- 0.94x
- ROE
- 11.1%
- Dividend yield
- -
- Fundamental score
- 2.5/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is KDH.VN undervalued?
Graham numberKDH.VN trades 32.4% 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?
Khang Dien House Trading and Investment JSC fundamental analysis
12 of 22 checks passedROE 1/2
Moderate return on equity (11.1%), between 10% and 20%.
ROA 1/1
Return on assets (5.2%) is above the industry median (1.4%).
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 1/1
Last year's EPS growth (27.9%) is above the 5-year average (-11.4% a year).
Earnings Growth vs Industry 0/1
Last year's EPS growth (27.9%) is below the industry median (66.4%).
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 (77.6%), up to 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 1/1
EBIT is 47.5x against interest expense, well covered.
PE vs Market 1/1
PE (11.1x) is below the market median (11.2x).
PE vs Industry 1/1
PE (11.1x) is below the industry median (13.2x).
PBV 0/1
Price to book (0.9x) is above the industry median (0.9x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 10.5, limit 22.5).
PEG 0/1
PEG needs positive PE and positive 5-year earnings growth.
Dividend Yield 0/2
No dividend paid in the last reported year.
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
No dividend, or no profit to pay it from.
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
Khang Dien House Trading and Investment JSC stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Khang Dien House Trading and Investment JSC
Khang Dien House Trading and Investment Joint Stock Company, together with its subsidiaries, engages in real estate development in Vietnam. It is involved in the leasing; real estate trading and auction; receiving land use rights to construct houses for sale and lease; investing in the construction of infrastructure; architectural activities and related technical consultancy activities; civil and industrial construction works; and the provision of real estate management and …
Full company profileKhang Dien House Trading and Investment 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.
Khang Dien House Trading and Investment 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 | 2.81T | 4.53T | 3.74T | 2.91T | 2.09T | 3.28T | 4.65T | 884B |
| Gross Profit | 1.50T | 1.96T | 1.79T | 1.46T | 1.59T | 1.74T | 2.75T | 527B |
| Operating Income | 1.21T | 1.55T | 1.41T | 1.07T | 1.22T | 1.31T | 2.16T | 66.9B |
| EBITDA | 1.20T | 1.47T | 1.57T | 1.42T | 1.22T | 1.28T | 2.23T | 2.38T |
| Net Income | 915B | 1.15T | 1.20T | 1.10T | 716B | 810B | 1.05T | 2.06T |
| EPS | 1,323 | 1,705 | 1,754 | 1,539 | 895 | 729 | 932 | 1,838 |
| Balance Sheet | ||||||||
| Total Assets | 13.2T | 13.9T | 14.4T | 21.5T | 26.5T | 30.8T | 34.1T | 39.5T |
| Total Liabilities | 5.57T | 5.78T | 4.15T | 9.74T | 11.0T | 11.3T | 12.9T | 19.5T |
| Shareholders' Equity | 7.63T | 8.13T | 10.2T | 11.6T | 13.5T | 17.4T | 18.5T | 18.6T |
| Cash & Short-term Investments | 1.17T | 1.84T | 1.37T | 2.75T | 3.73T | 3.10T | 2.55T | 2.61T |
| Cash Flow | ||||||||
| Operating Cash Flow | -164B | 163B | -1.60T | -1.05T | -276B | -3.65T | -2.02T | -2.96T |
| Capital Expenditure | 235B | 48.0B | 57.9B | 61.5B | 151B | 100B | 683B | 288B |
| Free Cash Flow | -398B | 115B | -2.07T | -1.11T | -427B | -3.75T | -2.71T | -3.25T |
| Ratios | ||||||||
| ROE | 12.0% | 14.2% | 11.8% | 9.5% | 5.3% | 4.7% | 5.6% | 11.1% |
| ROA | 6.9% | 8.3% | 8.4% | 5.1% | 2.7% | 2.6% | 3.1% | 5.2% |
| Net Profit Margin | 32.5% | 25.4% | 32.2% | 37.9% | 34.3% | 24.7% | 22.5% | 233.3% |
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.
Khang Dien House Trading and Investment JSC dividends
- Dividend yield
- -
- Forward dividend
- -
- Payout ratio
- -
- Ex-dividend date
- Aug 19, 2020
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | - | - | - |
| 2024 | - | - | - |
| 2023 | - | - | - |
| 2022 | - | - | - |
| 2021 | - | - | - |
| 2020 | VND 262B | 388 | 22.8% |
| 2019 | VND 207B | 299 | 22.6% |
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: 110:100 on Oct 7, 2026.
Who owns Khang Dien House Trading and Investment JSC
- Insiders 43.48%
- Institutions 9.69%
- Public & others 46.84%
- Shares outstanding 1.23B
- Free float 1.17B
Khang Dien House Trading and Investment JSC company profile
- Company name
- Khang Dien House Trading and Investment JSC
- Ticker
- KDH.VN
- ISIN
- VN000000KDH2
- Exchange
- Vietnam Stocks
- Sector
- Real Estate
- Industry
- Real Estate - Development
- Employees
- 257
- Fiscal year end
- December
- Address
- Saigon Centre, Ho Chi Minh City, Vietnam, 71006
- Phone
- 84 28 3820 8858
- Website
- khangdien.com.vn
About Khang Dien House Trading and Investment JSC
Khang Dien House Trading and Investment Joint Stock Company, together with its subsidiaries, engages in real estate development in Vietnam. It is involved in the leasing; real estate trading and auction; receiving land use rights to construct houses for sale and lease; investing in the construction of infrastructure; architectural activities and related technical consultancy activities; civil and industrial construction works; and the provision of real estate management and consultancy services. The company was founded in 2001 and is headquartered in Ho Chi Minh City, Vietnam.
Khang Dien House Trading and Investment JSC management
6- Mr. Minh Van VuongGeneral Director, Member of Management Board & Director · born 1985
- Mr. Khoi Hoang LeDeputy General Director, Member of Management Board & Director · born 1988
- Ms. Duong Thuy NguyenDeputy General Director & Member of Management Board · born 1986
- Ms. Trang Thi Thuy DangChief Accountant · born 1979
- Diem Thuy TranFounder
- Mr. Kiet Tuan LyDeputy General Director & Member of Management Board · born 1997