NLG.VN Nam Long Investment Corp
- Market cap
- VND 11.0T
- P/E
- 17.6x
- P/B
- 0.87x
- ROE
- 2.0%
- Dividend yield
- 8.62%
- Fundamental score
- 2.1/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is NLG.VN undervalued?
Graham numberNLG.VN trades 17.8% 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?
Nam Long Investment Corp fundamental analysis
9 of 22 checks passedROE 0/2
Low return on equity (2.0%), below 10%.
ROA 0/1
Return on assets (1.0%) is below 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 (7.4%) is above the 5-year average (-12.7% a year).
Earnings Growth vs Industry 0/1
Last year's EPS growth (7.4%) is below the industry median (66.4%).
Revenue Growth 1/2
Revenue grew 9.2% 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 (34.3%), 40% or less.
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 2.8x against interest expense, below 5x.
PE vs Market 0/1
PE (18.1x) is above the market median (11.2x).
PE vs Industry 0/1
PE (18.1x) is above 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 = 16.1, limit 22.5).
PEG 0/1
PEG needs positive PE and positive 5-year earnings growth.
Dividend Yield 2/2
Dividend yield (8.6%) 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 1/1
Dividends paid grew over the past 5 years.
Payout Ratio 0/1
Payout ratio is 135.1%, above 90% of 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
Nam Long Investment Corp stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Nam Long Investment Corp
Nam Long Investment Corporation engages in the real estate business in Vietnam. The company is involved in the civil and industrial construction; housing renovation and interior decoration; construction and renovation of houses for sale or lease; harbour and road bridge construction; ground levelling and construction of drainage systems; installation and repair of electrical systems under 35KV; housing brokerage services; and purchase, trading, and sale of construction mater…
Full company profileNam Long Investment Corp 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.
Nam Long Investment Corp 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 | 2.55T | 2.22T | 5.21T | 4.34T | 3.18T | 7.20T | 5.65T | 3.39T |
| Gross Profit | 1.07T | 671B | 1.78T | 1.98T | 1.56T | 3.06T | 2.36T | 1.24T |
| Operating Income | 642B | 255B | 790B | 838B | 592B | 1.69T | 1.07T | 469B |
| EBITDA | 1.27T | 1.09T | 1.77T | 1.30T | 1.29T | 2.10T | 1.50T | 890B |
| Net Income | 961B | 835B | 1.07T | 556B | 484B | 518B | 701B | 247B |
| EPS | 3,295 | 2,855 | 2,796 | 1,448 | 1,257 | 1,346 | 1,446 | 509 |
| Balance Sheet | ||||||||
| Total Assets | 10.9T | 13.6T | 23.6T | 27.1T | 28.6T | 30.3T | 26.6T | 25.5T |
| Total Liabilities | 4.70T | 6.92T | 10.1T | 13.8T | 15.1T | 15.7T | 11.7T | 10.9T |
| Shareholders' Equity | 5.05T | 5.60T | 8.93T | 8.99T | 9.38T | 9.67T | 12.7T | 12.5T |
| Cash & Short-term Investments | 1.90T | 1.07T | 3.11T | 3.77T | 2.54T | 5.44T | 6.81T | 3.77T |
| Cash Flow | ||||||||
| Operating Cash Flow | 325B | -1.11T | 1.30T | -225B | -2.90T | 1.23T | -873B | -2.17T |
| Capital Expenditure | 63.8B | 43.5B | 18.7B | 112B | 54.0B | 31.2B | 10.1B | 2.12B |
| Free Cash Flow | 262B | -1.15T | 1.28T | -1.10T | -2.95T | 1.19T | -883B | -2.18T |
| Ratios | ||||||||
| ROE | 19.0% | 14.9% | 12.0% | 6.2% | 5.2% | 5.4% | 5.5% | 2.0% |
| ROA | 8.8% | 6.1% | 4.5% | 2.1% | 1.7% | 1.7% | 2.6% | 1.0% |
| Net Profit Margin | 37.7% | 37.7% | 20.6% | 12.8% | 15.2% | 7.2% | 12.4% | 7.3% |
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.
Nam Long Investment Corp dividends
- Dividend yield
- 8.62%
- Forward dividend
- 500.00 VND
- Payout ratio
- 135.1%
- Ex-dividend date
- Jun 12, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | VND 948B | 1,953 | 135.1% |
| 2024 | VND 194B | 505 | 37.5% |
| 2023 | VND 228B | 593 | 47.1% |
| 2022 | VND 327B | 852 | 58.9% |
| 2021 | VND 333B | 869 | 31.1% |
| 2020 | VND 257B | 878 | 30.7% |
| 2019 | VND 244B | 835 | 25.4% |
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: 11079.24:10000 on Nov 24, 2021.
Who owns Nam Long Investment Corp
- Insiders 29.38%
- Institutions 23.67%
- Public & others 46.95%
- Shares outstanding 485M
- Free float 394M
Nam Long Investment Corp company profile
- Company name
- Nam Long Investment Corp
- Ticker
- NLG.VN
- ISIN
- VN000000NLG1
- Exchange
- Vietnam Stocks
- Sector
- Real Estate
- Industry
- Real Estate - Development
- Employees
- 1,018
- Fiscal year end
- December
- Address
- Capital Tower, 11th Floor, Ho Chi Minh City, Vietnam
- Phone
- 84 28 541 61718
- Website
- namlongvn.com
About Nam Long Investment Corp
Nam Long Investment Corporation engages in the real estate business in Vietnam. The company is involved in the civil and industrial construction; housing renovation and interior decoration; construction and renovation of houses for sale or lease; harbour and road bridge construction; ground levelling and construction of drainage systems; installation and repair of electrical systems under 35KV; housing brokerage services; and purchase, trading, and sale of construction materials. It also invests and trades in the construction of urban areas, and infrastructures for industrial zones and hi-tech parks; and invests in construction, trade, management, and lease of office buildings, supermarkets, schools, swimming pools, hotels, restaurants, golf courses, sports facility zones, and resorts. In addition, the company offers project management advisory; transportation; management; design verification; and real estate brokerage, valuation, exchange, consulting, auction, and advertising; as well as real estate management and portfolio management services. The company was formerly known as Nam Long Company Ltd. and changed its name to Nam Long Investment Corporation in 2005. Nam Long Investment Corporation was founded in 1992 and is headquartered in Ho Chi Minh City, Vietnam.
Nam Long Investment Corp management
8- Mr. Jen Yuh LohGroup General Director · born 1967
- Mr. Phong Thanh TranExecutive Vice Chairman
- Mr. Hong Wai ChanChief Financial Officer
- Ms. Huong Thanh NguyenChief Investment Officer
- Mr. Duc Quang NguyenChief Accountant
- Mr. Vien Vinh Hoang NguyenManaging Director of Nam Long Commercial Property
- Mr. Tong Joo NgManaging Director of Nam Long Land Investment Company Limited
- Mr. Huan Cheng ChaiCommercial & Ventures Managing Director