NCT.VN NoiBai Cargo Terminal Services JSC
- Market cap
- VND 2.17T
- P/E
- 4.7x
- P/B
- 2.42x
- ROE
- 48.9%
- Dividend yield
- 9.65%
- Fundamental score
- 3.0/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is NCT.VN undervalued?
Graham numberNCT.VN trades 28.6% 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?
NoiBai Cargo Terminal Services JSC fundamental analysis
13 of 22 checks passedROE 2/2
High return on equity (48.9%), above 20%.
ROA 1/1
Return on assets (39.0%) is above the industry median (3.6%).
Profit Consistency 2/2
Profitable for 6 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 (45.2%) is above the industry median (17.5%).
Revenue Growth 2/2
Revenue grew 18.1% 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 0/2
Debt to equity cannot be calculated: debt is not reported or equity is negative.
Debt Trend 0/1
Debt to equity has risen over the past 5 years.
Debt Coverage 0/1
Debt is not reported.
Interest Coverage 1/1
EBIT is 10,581.2x against interest expense, well covered.
PE vs Market 1/1
PE (4.8x) is below the market median (11.2x).
PE vs Industry 1/1
PE (4.8x) is below the industry median (11.2x).
PBV 0/1
Price to book (2.4x) is above the industry median (1.2x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 11.6, limit 22.5).
PEG 0/1
PEG needs positive PE and positive 5-year earnings growth.
Dividend Yield 2/2
Dividend yield (9.7%) is in the top 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 54.1%, 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
NoiBai Cargo Terminal Services JSC stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About NoiBai Cargo Terminal Services JSC
Noibai Cargo Terminal Services Joint Stock Company engages in the provision of cargo handling services at the Noi Bai International Airport in Vietnam. The company provides direct support services for air transport, including passenger terminal operation; terminal and warehouse operations; ground commercial technical; and ground transportation services. It is also involved in providing real estate trading, land use rights owned; other support services related to transportati…
Full company profileNoiBai Cargo Terminal Services 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.
NoiBai Cargo Terminal Services 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 | - | 669B | 742B | 736B | 702B | 921B | 1.21T | 1.22T |
| Gross Profit | - | 311B | 347B | 359B | 339B | 414B | 564B | 572B |
| Operating Income | - | 230B | 272B | 279B | 251B | 302B | 428B | 429B |
| EBITDA | - | - | - | 307B | 282B | 332B | 460B | 570B |
| Net Income | - | 207B | 224B | 237B | 217B | 266B | 387B | 438B |
| EPS | - | - | - | 9,065 | 8,285 | 10,183 | 14,786 | 16,733 |
| Balance Sheet | ||||||||
| Total Assets | - | 502B | 554B | 501B | 555B | 741B | 969B | 1.12T |
| Total Liabilities | - | 93.1B | 96.7B | 68.3B | 121B | 183B | 260B | 226B |
| Shareholders' Equity | - | 409B | 457B | 432B | 433B | 558B | 710B | 895B |
| Cash & Short-term Investments | - | 55.2B | 59.9B | 41.5B | 46.8B | 134B | 105B | 366B |
| Cash Flow | ||||||||
| Operating Cash Flow | 185B | 254B | 220B | 222B | 271B | 255B | 414B | 197B |
| Capital Expenditure | 48.2B | 8.05B | 25.2B | 39.3B | 9.68B | 18.8B | 59.6B | 34.0B |
| Free Cash Flow | - | 245B | 195B | 182B | 262B | 236B | 354B | 163B |
| Ratios | ||||||||
| ROE | - | 50.5% | 48.9% | 54.9% | 50.0% | 47.7% | 54.5% | 48.9% |
| ROA | - | 41.2% | 40.4% | 47.4% | 39.1% | 36.0% | 39.9% | 39.0% |
| Net Profit Margin | - | 30.9% | 30.1% | 32.2% | 30.9% | 28.9% | 31.9% | 35.8% |
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.
NoiBai Cargo Terminal Services JSC dividends
- Dividend yield
- 9.65%
- Forward dividend
- 8,000.00 VND
- Payout ratio
- 54.1%
- Ex-dividend date
- Jul 27, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | VND 209B | 7,993 | 54.1% |
| 2024 | VND 131B | 5,002 | 49.1% |
| 2023 | VND 209B | 7,993 | 96.5% |
| 2022 | VND 256B | 9,800 | 108.1% |
| 2021 | VND 170B | - | 76.0% |
| 2020 | VND 301B | - | 145.4% |
| 2019 | VND 131B | - | - |
| 2016 | - | - | - |
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 3, 2015.
Who owns NoiBai Cargo Terminal Services JSC
- Insiders 69.21%
- Institutions 0.00%
- Public & others 30.79%
- Shares outstanding 26.2M
- Free float 7.83M
NoiBai Cargo Terminal Services JSC company profile
- Company name
- NoiBai Cargo Terminal Services JSC
- Ticker
- NCT.VN
- ISIN
- VN000000NCT3
- Exchange
- Vietnam Stocks
- Sector
- Industrials
- Industry
- Integrated Freight & Logistics
- Employees
- 843
- Fiscal year end
- December
- Address
- Noi Bai International Airport, Hanoi, Vietnam
- Phone
- 84 24 3584 0905
- Website
- noibaicargo.com.vn
About NoiBai Cargo Terminal Services JSC
Noibai Cargo Terminal Services Joint Stock Company engages in the provision of cargo handling services at the Noi Bai International Airport in Vietnam. The company provides direct support services for air transport, including passenger terminal operation; terminal and warehouse operations; ground commercial technical; and ground transportation services. It is also involved in providing real estate trading, land use rights owned; other support services related to transportation and education; repair of machinery and equipment, electronic and optical equipment, electrical equipment; maintenance of transport equipment; wholesale of motor vehicles and other motor vehicles; sale of parts and accessories of motor vehicle and other motor vehicles; wholesale of other machinery, equipment and spare parts; other specialized wholesale; freight transport of goods by road; warehousing and storage of goods; advertising delivery; motor vehicle and machinery rental; other tangible goods without operators; temporary labor supply; photocopying, document preparation; and other specialized office support activities. The company was incorporated in 2005 and is based in Hanoi, Vietnam.
NoiBai Cargo Terminal Services JSC management
5- Mr. Viet Duy NguyenCEO & Chairman
- Ms. Hieu Xuan HoChief Accountant and Head of the Financial & Accountant Department
- Mr. Dinh Trong SonDeputy Chief Executive Officer
- Mr. Hung Quoc NguyenDeputy Chief Executive Officer
- Mr. Dung Viet NguyenDeputy Chief Executive Officer