SAB.VN Saigon Beer Alcohol Beverage Corp
- Market cap
- VND 54.8T
- P/E
- 11.9x
- P/B
- 2.79x
- ROE
- 24.0%
- Dividend yield
- 11.89%
- Fundamental score
- 2.3/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is SAB.VN undervalued?
Graham numberSAB.VN trades 21.7% above 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?
Saigon Beer Alcohol Beverage Corp fundamental analysis
10 of 22 checks passedROE 2/2
High return on equity (24.0%), above 20%.
ROA 1/1
Return on assets (14.8%) is above the industry median (3.6%).
Profit Consistency 2/2
Profitable for 6 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 (2.2%) is above the 5-year average (-1.3% a year).
Earnings Growth vs Industry 0/1
Last year's EPS growth (2.2%) is below the industry median (17.5%).
Revenue Growth 0/2
Revenue shrank 9.5% 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 214.9x against interest expense, well covered.
PE vs Market 0/1
PE (12.0x) is above the market median (11.2x).
PE vs Industry 0/1
PE (12.0x) is above the industry median (11.2x).
PBV 0/1
Price to book (2.8x) is above the industry median (1.2x).
Graham Number 0/1
The price is above the Graham number (PE x PB = 33.8, limit 22.5).
PEG 0/1
PEG needs positive PE and positive 5-year earnings growth.
Dividend Yield 2/2
Dividend yield (11.9%) is in the top 25% of dividend payers in the market.
Dividend Stability 1/2
Dividends paid without a cut of more than 10% for 5 years.
Dividend Growth 1/1
Dividends paid grew over the past 5 years.
Payout Ratio 0/1
Payout ratio is 147.2%, 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
Saigon Beer Alcohol Beverage Corp stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Saigon Beer Alcohol Beverage Corp
Saigon Beer - Alcohol - Beverage Corporation, together with its subsidiaries, produces and sells beer, alcohol, beverages, and related products and packaging materials under the Bia Saigon, 333, and Bia Lac Vie brand names in Vietnam. The company also produces and trades in canned food and accessories; soft drinks; yeasty malt, mineral water, and bottled purified water; tin lid rings and metal packaging products; and packaging products for the food and beverage industry. In …
Full company profileSaigon Beer Alcohol Beverage 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.
Saigon Beer Alcohol Beverage 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 | - | 28.0T | 26.4T | 35.0T | 30.5T | 31.9T | 25.9T | 26.7T |
| Gross Profit | - | 8.50T | 7.61T | 10.8T | 9.09T | 9.32T | 9.30T | 10.1T |
| Operating Income | - | 4.94T | 3.51T | 5.50T | 3.81T | 4.44T | 4.29T | 5.04T |
| EBITDA | - | - | - | 7.42T | 5.99T | 6.22T | 6.42T | 6.84T |
| Net Income | - | 4.72T | 3.68T | 5.22T | 4.12T | 4.33T | 4.42T | 4.70T |
| EPS | - | 3,683 | 2,867 | 81,460 | 64,209 | 3,376 | 3,449 | 3,667 |
| Balance Sheet | ||||||||
| Total Assets | - | 27.4T | 30.5T | 34.5T | 34.1T | 33.4T | 32.6T | 31.7T |
| Total Liabilities | - | 6.16T | 7.89T | 9.87T | 8.57T | 9.00T | 9.60T | 10.3T |
| Shareholders' Equity | - | 19.9T | 21.2T | 23.1T | 24.2T | 23.3T | 21.2T | 19.6T |
| Cash & Short-term Investments | - | 2.73T | 3.61T | 4.07T | 5.04T | 4.48T | 4.02T | 3.64T |
| Cash Flow | ||||||||
| Operating Cash Flow | 5.01T | 4.13T | 3.52T | 4.38T | 1.94T | 4.36T | 3.90T | 2.95T |
| Capital Expenditure | 269B | 367B | 330B | 533B | 284B | 296B | 242B | 347B |
| Free Cash Flow | - | 3.76T | 3.19T | 3.85T | 1.66T | 4.07T | 3.66T | 2.60T |
| Ratios | ||||||||
| ROE | - | 23.7% | 17.3% | 22.6% | 17.0% | 18.6% | 20.9% | 24.0% |
| ROA | - | 17.3% | 12.1% | 15.2% | 12.1% | 12.9% | 13.6% | 14.8% |
| Net Profit Margin | - | 16.9% | 13.9% | 14.9% | 13.5% | 13.6% | 17.1% | 17.6% |
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.
Saigon Beer Alcohol Beverage Corp dividends
- Dividend yield
- 11.89%
- Forward dividend
- 5,000.00 VND
- Payout ratio
- 147.2%
- Ex-dividend date
- Jul 28, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | VND 6.51T | 5,078 | 147.2% |
| 2024 | VND 4.66T | 3,632 | 107.6% |
| 2023 | VND 3.35T | 52,303 | 81.5% |
| 2022 | VND 2.42T | 37,719 | 46.3% |
| 2021 | VND 1.10T | 855 | 29.8% |
| 2020 | VND 3.73T | 2,911 | 79.1% |
| 2019 | VND 1.14T | - | - |
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: 2:1 on Sep 14, 2023.
Who owns Saigon Beer Alcohol Beverage Corp
- Insiders 53.59%
- Institutions 38.25%
- Public & others 8.16%
- Shares outstanding 1.28B
- Free float 1.28B
Saigon Beer Alcohol Beverage Corp company profile
- Company name
- Saigon Beer Alcohol Beverage Corp
- Ticker
- SAB.VN
- ISIN
- VN000000SAB4
- Exchange
- Vietnam Stocks
- Sector
- Consumer Defensive
- Industry
- Beverages - Brewers
- Employees
- 7,736
- Fiscal year end
- December
- Address
- 187 Nguyen Chi Thanh, Ho Chi Minh City, Vietnam
- Phone
- 84 28 38 296 342
- Website
- sabeco.com.vn
About Saigon Beer Alcohol Beverage Corp
Saigon Beer - Alcohol - Beverage Corporation, together with its subsidiaries, produces and sells beer, alcohol, beverages, and related products and packaging materials under the Bia Saigon, 333, and Bia Lac Vie brand names in Vietnam. The company also produces and trades in canned food and accessories; soft drinks; yeasty malt, mineral water, and bottled purified water; tin lid rings and metal packaging products; and packaging products for the food and beverage industry. In addition, it provides transportation and warehousing services; provides cargo transportation services by car, road, and waterway; manufactures equipment used in food manufacturing; and manufactures, installs, and maintains machinery systems and equipment, as well as constructs and offers real estate services. Further, the company is involved in the trading and wholesale of beer, alcohol, beverages, and non-alcohol drinks; structural steel construction business; real estate services; and trading of packaging products. The company was founded in 1875 and is based in Ho Chi Minh City, Vietnam. Saigon Beer - Alcohol - Beverage Corporation is a subsidiary of Vietnam Beverage Company Limited.
Saigon Beer Alcohol Beverage Corp management
9- Mr. Teck Chuan TanChairman of Management Board & General Director · born 1966
- Mr. Johnathan Ooi Siew LokeMember of Management Board, Deputy GM of Accounting, Finance and Support · born 1974
- Mr. An Du LamMember of Management Board, Deputy General Director & Director of Factory · born 1967
- Mr. Ngee Kuan NgMember Of Management Board & Deputy General Director of Sales · born 1969
- Ms. Chi Pei LimMember of Management Board & Deputy General Director of Marketing · born 1974
- Mr. Lim Chio LeeMember of Management Board & Deputy General Director of Strategic Assets
- Mr. Trung Nguyen TranChief Accountant · born 1967
- Mr. Lim Chio LeeDeputy General Director · born 1963
- Mr. Nguyen Hoang GiangGeneral Director of Saigon Beer Trading Company Limited · born 1966