NT2.VN PetroVietnam Power Nhon Trach 2 JSC
- Market cap
- VND 6.48T
- P/E
- 15.6x
- P/B
- 1.28x
- ROE
- 24.5%
- Dividend yield
- 6.66%
- Fundamental score
- 2.9/5
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is NT2.VN undervalued?
Graham numberNT2.VN trades 5.8% 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?
PetroVietnam Power Nhon Trach 2 JSC fundamental analysis
13 of 22 checks passedROE 2/2
High return on equity (24.5%), above 20%.
ROA 1/1
Return on assets (11.9%) is above the industry median (10.9%).
Profit Consistency 2/2
Profitable for 6 consecutive years.
Earnings Growth 5Y 1/1
Earnings per share grew over the past 5 years.
Earnings Acceleration 1/1
Last year's EPS growth (1,913.3%) is above the 5-year average (12.8% a year).
Earnings Growth vs Industry 1/1
Last year's EPS growth (1,913.3%) is above the industry median (46.1%).
Revenue Growth 0/2
Revenue shrank 3.3% 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 19.6x against interest expense, well covered.
PE vs Market 0/1
PE (15.6x) is above the market median (11.2x).
PE vs Industry 0/1
PE (15.6x) is above the industry median (9.2x).
PBV 1/1
Price to book (1.3x) is below the industry median (1.4x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 20.0, limit 22.5).
PEG 0/1
PEG on 5-year earnings growth is 1.22, 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 0/1
Dividends paid did not grow over the past 5 years.
Payout Ratio 1/1
Payout ratio is 39.1%, 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
PetroVietnam Power Nhon Trach 2 JSC stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About PetroVietnam Power Nhon Trach 2 JSC
PetroVietnam Power Nhon Trach 2 Joint Stock Company engages in the production, transmission, and distribution of electricity in Vietnam. The company manages combined cycle gas turbine power plant. It also involved in the provision of support services for transportation by waterway; warehouse and storage; road transportation; architecture and technical consultancy; professional activities, other scientific and technological; vocational education; domestic waterway transportat…
Full company profilePetroVietnam Power Nhon Trach 2 JSC financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
PetroVietnam Power Nhon Trach 2 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 | - | 6.08T | 6.15T | 8.79T | 6.39T | 5.94T | 7.96T | 10.4T |
| Gross Profit | - | 895B | 676B | 1.08T | 510B | 51.5B | 1.25T | 1.58T |
| Operating Income | - | 745B | 566B | 950B | 441B | -29.7B | 1.16T | 1.46T |
| EBITDA | - | - | - | 1.65T | 1.23T | 826B | 1.89T | 1.91T |
| Net Income | - | 603B | 506B | 852B | 445B | 54.7B | 1.10T | 1.33T |
| EPS | - | 2,095 | 1,756 | 2,960 | 1,546 | 190 | 3,829 | 4,606 |
| Balance Sheet | ||||||||
| Total Assets | - | 6.38T | 6.62T | 7.44T | 8.45T | 10.0T | 9.27T | 11.1T |
| Total Liabilities | - | 2.08T | 2.39T | 2.83T | 4.12T | 5.84T | 4.41T | 5.69T |
| Shareholders' Equity | - | 4.30T | 4.23T | 4.61T | 4.34T | 4.18T | 4.86T | 5.42T |
| Cash & Short-term Investments | - | 61.7B | 988M | 384B | 1.15B | 57.0B | 22.3B | 11.8B |
| Cash Flow | ||||||||
| Operating Cash Flow | 1.92T | 1.22T | 1.07T | 1.38T | 857B | 528B | 1.00T | 1.67T |
| Capital Expenditure | 5.19B | 1.20B | 2.53B | 1.46B | 3.41B | 3.56B | 9.17B | 3.31B |
| Free Cash Flow | - | 1.22T | 1.07T | 1.38T | 853B | 524B | 994B | 1.67T |
| Ratios | ||||||||
| ROE | - | 14.0% | 11.9% | 18.5% | 10.3% | 1.3% | 22.7% | 24.5% |
| ROA | - | 9.5% | 7.6% | 11.4% | 5.3% | 0.5% | 11.9% | 11.9% |
| Net Profit Margin | - | 9.9% | 8.2% | 9.7% | 7.0% | 0.9% | 13.8% | 12.7% |
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.
PetroVietnam Power Nhon Trach 2 JSC dividends
- Dividend yield
- 6.66%
- Forward dividend
- 1,000.00 VND
- Payout ratio
- 39.1%
- Ex-dividend date
- Oct 29, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | VND 431B | 1,499 | 39.1% |
| 2024 | VND 201B | 700 | 368.0% |
| 2023 | VND 719B | 2,498 | 161.6% |
| 2022 | VND 474B | 1,648 | 55.7% |
| 2021 | VND 575B | 1,999 | 113.8% |
| 2020 | VND 719B | 2,498 | 119.2% |
| 2019 | VND 259B | - | - |
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: 104:100 on Apr 20, 2016.
Who owns PetroVietnam Power Nhon Trach 2 JSC
- Insiders 68.25%
- Institutions 1.28%
- Public & others 30.47%
- Shares outstanding 288M
- Free float 92.8M
PetroVietnam Power Nhon Trach 2 JSC company profile
- Company name
- PetroVietnam Power Nhon Trach 2 JSC
- Ticker
- NT2.VN
- ISIN
- VN000000NT22
- Exchange
- Vietnam Stocks
- Sector
- Utilities
- Industry
- Utilities - Regulated Electric
- Employees
- 170
- Fiscal year end
- December
- Address
- PetroVietnam Power Center, Nhon Trach, Vietnam
- Phone
- 84 251 2225 893
- Website
- pvpnt2.vn
About PetroVietnam Power Nhon Trach 2 JSC
PetroVietnam Power Nhon Trach 2 Joint Stock Company engages in the production, transmission, and distribution of electricity in Vietnam. The company manages combined cycle gas turbine power plant. It also involved in the provision of support services for transportation by waterway; warehouse and storage; road transportation; architecture and technical consultancy; professional activities, other scientific and technological; vocational education; domestic waterway transportation; and other transportation support services. In addition, the company engages in the wholesale of solid, liquid, and gas fuels, as well as related products; and machinery, equipment, and other spare parts. Further, it engages in real estate business, such as leasing, operation, and management of residential and non-residential houses and land; and owns land use rights. PetroVietnam Power Nhon Trach 2 Joint Stock Company was founded in 2007 and is headquartered in Nhon Trach, Vietnam.
PetroVietnam Power Nhon Trach 2 JSC management
6- Mr. Nhan Duc NgoCEO, Director & Member of Management Board · born 1966
- Ms. Ha Thi NguyenDeputy Director of Internal Affairs & Training and Member of Management board · born 1979
- Mr. Quyen Van NguyenDeputy Director of Planning & Service and Member of Management Board
- Mr. Thu Trung NguyenDeputy Director of Engineering - Production Operations & Member of Executive Board
- Mr. An Viet LeChief Accountant
- Ms. Lan Xuan HoPerson in Charge of Corporate Governance & Secretary