NSC.VN Vietnam National Seed Group JSC
- Market cap
- VND 1.06T
- P/E
- 5.0x
- P/B
- 0.68x
- ROE
- 10.7%
- Dividend yield
- 6.75%
- Fundamental score
- 2.9/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is NSC.VN undervalued?
Graham numberNSC.VN trades 61.0% 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?
Vietnam National Seed Group JSC fundamental analysis
14 of 22 checks passedROE 1/2
Moderate return on equity (10.7%), between 10% and 20%.
ROA 0/1
Return on assets (5.9%) is below the industry median (6.2%).
Profit Consistency 2/2
Profitable for 7 consecutive years.
Earnings Growth 5Y 1/1
Earnings per share grew over the past 5 years.
Earnings Acceleration 0/1
Last year's EPS growth (0.6%) is not above the 5-year average (2.9% a year).
Earnings Growth vs Industry 0/1
Last year's EPS growth (0.6%) is below the industry median (69.3%).
Revenue Growth 1/2
Revenue grew 5.7% 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 6.7x against interest expense, well covered.
PE vs Market 1/1
PE (5.0x) is below the market median (11.2x).
PE vs Industry 1/1
PE (5.0x) is below the industry median (6.1x).
PBV 1/1
Price to book (0.7x) is below the industry median (1.2x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 3.4, limit 22.5).
PEG 0/1
PEG on 5-year earnings growth is 1.73, above 1.
Dividend Yield 2/2
Dividend yield (6.7%) 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 1/1
Dividends paid grew over the past 5 years.
Payout Ratio 1/1
Payout ratio is 32.7%, 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 National Seed Group JSC stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Vietnam National Seed Group JSC
Vietnam National Seed Group Joint Stock Company, together with its subsidiaries, engages in the research, development, production, and trading of seeds in Vietnam. The company offers agricultural products; crop seeds comprising rice, corn, and vegetable seeds; organic farm products consisting of organic rice and fresh vegetables; agricultural materials, including herbicide maizine, fungicide foraxyl, and foliar fertilizer supermes; and agricultural services, such as agricult…
Full company profileVietnam National Seed Group 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.
Vietnam National Seed Group 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 | 1.52T | 1.63T | 1.93T | 1.95T | 2.04T | 2.45T | 2.30T | 1.73T |
| Gross Profit | 544B | 558B | 621B | 657B | 635B | 726B | 673B | 553B |
| Operating Income | 276B | 253B | 297B | 311B | 303B | 317B | 306B | 221B |
| EBITDA | 311B | 300B | 338B | 353B | 360B | 371B | 374B | 305B |
| Net Income | 202B | 190B | 219B | 237B | 224B | 218B | 219B | 166B |
| EPS | 11,488 | 10,823 | 12,481 | 13,495 | 12,719 | 12,401 | 12,479 | 9,463 |
| Balance Sheet | ||||||||
| Total Assets | 1.77T | 1.80T | 1.93T | 2.03T | 2.22T | 2.15T | 2.61T | 2.83T |
| Total Liabilities | 639B | 600B | 627B | 674B | 775B | 634B | 960B | 1.17T |
| Shareholders' Equity | 1.05T | 1.12T | 1.22T | 1.26T | 1.36T | 1.43T | 1.55T | 1.56T |
| Cash & Short-term Investments | 308B | 262B | 312B | 408B | 478B | 279B | 382B | 348B |
| Cash Flow | ||||||||
| Operating Cash Flow | 232B | 174B | 133B | 211B | 251B | 12.2B | -73.6B | -351B |
| Capital Expenditure | 249B | 103B | 26.3B | 38.0B | 56.3B | 92.2B | 24.4B | 68.7B |
| Free Cash Flow | -17.2B | 71.2B | 107B | 267B | 195B | -80.0B | -98.0B | -420B |
| Ratios | ||||||||
| ROE | 19.2% | 16.9% | 18.0% | 18.8% | 16.5% | 15.3% | 14.2% | 10.7% |
| ROA | 11.4% | 10.6% | 11.4% | 11.7% | 10.1% | 10.1% | 8.4% | 5.9% |
| Net Profit Margin | 13.3% | 11.6% | 11.4% | 12.2% | 11.0% | 8.9% | 9.5% | 9.6% |
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 National Seed Group JSC dividends
- Dividend yield
- 6.75%
- Forward dividend
- 4,000.00 VND
- Payout ratio
- 32.7%
- Ex-dividend date
- Aug 24, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | VND 71.7B | 4,082 | 32.7% |
| 2024 | VND 73.4B | 4,175 | 33.7% |
| 2023 | VND 90.1B | 5,125 | 40.3% |
| 2022 | VND 107B | 6,108 | 45.3% |
| 2021 | VND 79.8B | 4,540 | 36.4% |
| 2020 | VND 55.2B | 3,140 | 29.0% |
| 2019 | VND 29.9B | 1,702 | 14.8% |
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: 12:10 on Dec 5, 2012.
Who owns Vietnam National Seed Group JSC
- Insiders 80.69%
- Institutions 0.00%
- Public & others 19.31%
- Shares outstanding 17.6M
- Free float 3.50M
Vietnam National Seed Group JSC company profile
- Company name
- Vietnam National Seed Group JSC
- Ticker
- NSC.VN
- ISIN
- VN000000NSC5
- Exchange
- Vietnam Stocks
- Sector
- Consumer Defensive
- Industry
- Farm Products
- Employees
- 643
- Fiscal year end
- December
- Address
- No. 1 Luong Dinh Cua Street, Hanoi, Vietnam
- Phone
- 84 24 3852 3294
- Website
- vinaseed.com.vn
About Vietnam National Seed Group JSC
Vietnam National Seed Group Joint Stock Company, together with its subsidiaries, engages in the research, development, production, and trading of seeds in Vietnam. The company offers agricultural products; crop seeds comprising rice, corn, and vegetable seeds; organic farm products consisting of organic rice and fresh vegetables; agricultural materials, including herbicide maizine, fungicide foraxyl, and foliar fertilizer supermes; and agricultural services, such as agricultural value chains, transfer hybrid production technique, transfer high-tech agricultural production, and drip irrigation technology services. It also engages in the research, production, trade, and export of plant varieties, as well as agricultural and forestry crop varieties; production and trading of melons; research, application, training, and transfer of high-tech agricultural technical services; provision of logistics services; wholesale and retail agency; and wholesale of rice, wheat, other cereals, and flour. The company was formerly known as National Seed Joint Stock Company and changed its name to Vietnam National Seed Group Joint Stock Company in January 2019. The company was founded in 1968 and is headquartered in Hanoi, Vietnam. Vietnam National Seed Group Joint Stock Company is a subsidiary of The PAN Group Joint Stock Company.
Vietnam National Seed Group JSC management
7- Mr. Dung Trung NguyenDeputy CEO
- Mr. Thai Ngoc LuongCFO & Member of the Management Board
- Mr. Ty The PhanDeputy CEO, Chief Secretary, Member of Management Board & Director
- Mr. Sau Quang DuongDeputy General Director & Member of Executive Board
- Mr. Tai Truonng Tan TrenDeputy CEO & Member of Management Board
- Mr. Vinh Van DangDeputy General Director & Member of Management Board
- Mr. Chung Thanh LeChief Accountant