PGV.VN Power Generation Corp 3
- Market cap
- VND 25.1T
- P/E
- 5.1x
- P/B
- 1.35x
- ROE
- 23.6%
- Dividend yield
- 0.02%
- Fundamental score
- 1.8/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is PGV.VN undervalued?
Graham numberPGV.VN trades 44.9% 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?
Power Generation Corp 3 fundamental analysis
9 of 22 checks passedROE 2/2
High return on equity (23.6%), above 20%.
ROA 0/1
Return on assets (7.9%) is below the industry median (10.9%).
Profit Consistency 0/2
Not profitable for at least 3 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 (523.6%) is above the industry median (46.1%).
Revenue Growth 0/2
Revenue shrank 2.6% 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
High debt to equity (103.6%), above 100%.
Debt Trend 0/1
Debt to equity history is shorter than 5 years.
Debt Coverage 0/1
Operating cash flow does not cover 20% of total debt.
Interest Coverage 1/1
EBIT is 5.0x against interest expense, well covered.
PE vs Market 1/1
PE (5.1x) is below the market median (11.2x).
PE vs Industry 1/1
PE (5.1x) is below the industry median (9.2x).
PBV 0/1
Price to book (1.4x) is above the industry median (1.4x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 6.9, limit 22.5).
PEG 0/1
PEG needs positive PE and positive 5-year earnings growth.
Dividend Yield 0/2
Dividend yield (0.0%) is in the bottom 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 0.1%, 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
Power Generation Corp 3 stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Power Generation Corp 3
Power Generation Joint Stock Corporation 3, together with its subsidiaries, engages in electricity production, electrical mechanics, and investment and capital management businesses in Vietnam. The company generates and trades in electricity from natural gas, coal dust, thermal, solar, and hydro power plants in Vietnam. It is also involved in management, operation, repair, maintenance, overhaul, testing, adjustment, renovation, and upgrading of electrical, mechanical, contro…
Full company profilePower Generation Corp 3 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.
Power Generation Corp 3 annual financial statements (VND; K = thousand, M = million, B = billion, T = trillion)
| Item | 2015 | 2016 | 2018 | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | - | - | - | - | 37.8T | 47.2T | 45.9T | 40.7T | 43.6T | 50.7T |
| Gross Profit | - | - | - | - | 4.29T | 5.38T | 4.52T | 2.98T | 6.99T | 6.54T |
| Operating Income | - | - | - | - | 3.68T | 4.71T | 3.87T | 2.31T | 6.30T | 5.90T |
| EBITDA | - | - | - | - | 9.64T | 9.07T | 8.23T | 5.90T | 10.3T | 11.0T |
| Net Income | - | - | - | - | 3.14T | 2.49T | 1.07T | -878B | 3.72T | 4.35T |
| EPS | - | - | - | - | 2,796 | 2,056 | 878 | -724 | 3,067 | 3,588 |
| Balance Sheet | ||||||||||
| Total Assets | - | - | - | - | 68.0T | 66.3T | 58.8T | 55.3T | 55.0T | 54.8T |
| Total Liabilities | - | - | - | - | 50.5T | 48.7T | 43.1T | 40.7T | 37.1T | 36.0T |
| Shareholders' Equity | - | - | - | - | 17.0T | 17.2T | 15.4T | 14.2T | 17.6T | 18.4T |
| Cash & Short-term Investments | - | - | - | - | 2.39T | 1.73T | 510B | 619B | 2.14T | 1.79T |
| Cash Flow | ||||||||||
| Operating Cash Flow | -413B | 4.02T | 1.23T | 3.68T | 1.30T | 156B | -1.48T | 351B | 2.84T | 406B |
| Capital Expenditure | 4.16T | 3.12T | 1.81T | 1.05T | 1.07T | 977B | 372B | 422B | 696B | 519B |
| Free Cash Flow | - | - | - | - | 228B | -821B | -1.86T | -71.0B | 2.15T | 24.2B |
| Ratios | ||||||||||
| ROE | - | - | - | - | 18.4% | 14.5% | 6.9% | -6.2% | 21.2% | 23.6% |
| ROA | - | - | - | - | 4.6% | 3.8% | 1.8% | -1.6% | 6.8% | 7.9% |
| Net Profit Margin | - | - | - | - | 8.3% | 5.3% | 2.3% | -2.2% | 8.5% | 8.6% |
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.
Power Generation Corp 3 dividends
- Dividend yield
- 0.02%
- Forward dividend
- 925.93 VND
- Payout ratio
- 0.1%
- Ex-dividend date
- Jul 24, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | VND 4.04B | 3.33 | 0.1% |
| 2024 | VND 50.7B | 42 | - |
| 2023 | VND 40.1B | 33 | 3.8% |
| 2022 | VND 38.6B | 32 | 1.5% |
| 2021 | VND 26.3B | 23 | 0.8% |
| 2019 | VND 75.4B | - | - |
| 2018 | VND 25.6B | - | - |
| 2016 | VND 20.8B | - | - |
| 2015 | VND 21.8B | - | - |
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: 108:100 on Aug 10, 2026.
Who owns Power Generation Corp 3
- Insiders 91.86%
- Institutions 0.00%
- Public & others 8.14%
- Shares outstanding 1.21B
- Free float 8.82M
Power Generation Corp 3 company profile
- Company name
- Power Generation Corp 3
- Ticker
- PGV.VN
- ISIN
- VN000000PGV5
- Exchange
- Vietnam Stocks
- Sector
- Utilities
- Industry
- Utilities - Regulated Electric
- Employees
- 2,802
- Fiscal year end
- December
- Address
- No. 60 - 66 Nguyen Co Thach, Ho Chi Minh City, Vietnam
- Phone
- 84 28 3636 7449
- Website
- genco3.com
About Power Generation Corp 3
Power Generation Joint Stock Corporation 3, together with its subsidiaries, engages in electricity production, electrical mechanics, and investment and capital management businesses in Vietnam. The company generates and trades in electricity from natural gas, coal dust, thermal, solar, and hydro power plants in Vietnam. It is also involved in management, operation, repair, maintenance, overhaul, testing, adjustment, renovation, and upgrading of electrical, mechanical, control and automation equipment in electricity production lines and electrical works; management, operation, repair, and exploitation of seaports; and provision of electrical experiments, electrical mechanics, training and development of human resources, maintenance and repair of power plant equipment, project management consulting, construction investment project planning consulting, bidding consulting, and estimating services. In addition, the company provides consulting, verification, and supervision of construction of power generation projects and synchronous power grid projects of power generation projects; maintenance and repair of power plant equipment; and solar energy and renewable energy projects. Further, it operates a total installed capacity of 2929 MW gas fired thermal power plants, 2424 MW coal-fired thermal power plants, 56.14 MWp solar power plants, and 1170 MW. The company was founded in 2012 and is headquartered in Ho Chi Minh City, Vietnam. Power Generation Joint Stock Corporation 3 is a subsidiary of Vietnam Power Group.
Power Generation Corp 3 management
6- Mr. Le Van DanhPresident, CEO, Director & President of Management Board · born 1974
- Ms. Huong Thi Thanh NguyenVP of Economics & Finance and VP of Management Board · born 1977
- Mr. Duong Thanh Trung NguyenVice President of Management Board & Vice President of Business Electricity Market · born 1970
- Mr. Dinh An TranVice President of Management Board & Vice President of Technique Production · born 1978
- Mr. Thang Minh VoVice President of Management Board & VP of Investment Construction Management · born 1977
- Ms. Thao Phuong VuChief Accountant & Member of Management Board · born 1983