SBT.VN Thanh Thanh Cong Tay Ninh JSC
- Market cap
- VND 18.6T
- P/E
- 25.6x
- P/B
- 1.63x
- ROE
- 7.1%
- Dividend yield
- 0.50%
- Fundamental score
- 1.8/5
Ratios use the latest price and the fiscal year ending Jun 2026.
Is SBT.VN undervalued?
Graham numberSBT.VN trades 36.3% 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?
Thanh Thanh Cong Tay Ninh JSC fundamental analysis
9 of 22 checks passedROE 0/2
Low return on equity (7.1%), below 10%.
ROA 0/1
Return on assets (2.2%) is below the industry median (3.1%).
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 (-1.3%) is not above the 5-year average (0.9% a year).
Earnings Growth vs Industry 1/1
Last year's EPS growth (-1.3%) is above the industry median (-1.8%).
Revenue Growth 1/2
Revenue grew 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 1/2
Moderate debt to equity (49.0%), up to 100%.
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 1.6x against interest expense, below 5x.
PE vs Market 0/1
PE (25.4x) is above the market median (11.2x).
PE vs Industry 0/1
PE (25.4x) is above the industry median (11.2x).
PBV 0/1
Price to book (1.6x) is above the industry median (1.2x).
Graham Number 0/1
The price is above the Graham number (PE x PB = 41.2, limit 22.5).
PEG 0/1
PEG on 5-year earnings growth is 27.99, above 1.
Dividend Yield 0/2
Dividend yield (0.5%) is in the bottom 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 0/1
Dividends paid did not grow over the past 5 years.
Payout Ratio 1/1
Payout ratio is 11.1%, 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
Thanh Thanh Cong Tay Ninh JSC stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Thanh Thanh Cong Tay Ninh JSC
Thanh Thanh Cong - Bien Hoa Joint Stock Company, together with its subsidiaries, engages in the production and sale of sugar and its by-products in Vietnam and internationally. The company is also involved in the production, transmission, and distribution of electricity; planting sugarcane and industrial crops; producing and trading fertilizers and agricultural materials; production of alcohol and non-alcoholic beverages, mineral and bottled water; and cow breeding business.…
Full company profileThanh Thanh Cong Tay Ninh JSC financial statements
Thanh Thanh Cong Tay Ninh JSC annual financial statements (VND; K = thousand, M = million, B = billion, T = trillion)
| Item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Income Statement | |||||||
| Revenue | 12.9T | 14.9T | 18.3T | 24.7T | 29.0T | 28.5T | 26.7T |
| Gross Profit | 1.45T | 2.22T | 2.31T | 2.72T | 3.16T | 2.98T | 2.67T |
| Operating Income | 621B | 1.12T | 972B | 1.43T | 1.60T | 1.51T | 983B |
| EBITDA | 1.67T | 1.93T | 2.38T | 2.81T | 3.20T | 3.01T | 2.98T |
| Net Income | 364B | 645B | 875B | 537B | 748B | 812B | 842B |
| EPS | 527 | 888 | 1,181 | 725 | 1,010 | 941 | 929 |
| Balance Sheet | |||||||
| Total Assets | 18.0T | 20.5T | 27.7T | 29.9T | 34.1T | 32.7T | 38.3T |
| Total Liabilities | 10.3T | 12.2T | 18.1T | 19.4T | 22.9T | 21.8T | 25.9T |
| Shareholders' Equity | 7.48T | 8.18T | 8.82T | 9.42T | 10.2T | 10.7T | 11.8T |
| Cash & Short-term Investments | 1,000B | 1.82T | 2.56T | 3.15T | 4.63T | 3.56T | 2.04T |
| Cash Flow | |||||||
| Operating Cash Flow | 98.3B | 94.6B | 1.17T | 687B | 62.9B | -606B | -135B |
| Capital Expenditure | 303B | 348B | 142B | 262B | 640B | 634B | 957B |
| Free Cash Flow | -205B | -253B | 1.03T | 425B | -577B | -1.24T | -1.09T |
| Ratios | |||||||
| ROE | 4.9% | 7.9% | 9.9% | 5.7% | 7.3% | 7.6% | 7.1% |
| ROA | 2.0% | 3.2% | 3.2% | 1.8% | 2.2% | 2.5% | 2.2% |
| Net Profit Margin | 2.8% | 4.3% | 4.8% | 2.2% | 2.6% | 2.9% | 3.1% |
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.
Thanh Thanh Cong Tay Ninh JSC dividends
- Dividend yield
- 0.50%
- Forward dividend
- -
- Payout ratio
- 11.1%
- Ex-dividend date
- Oct 23, 2020
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2026 | VND 93.1B | 103 | 11.1% |
| 2025 | VND 73.9B | 86 | 9.1% |
| 2024 | VND 77.8B | 105 | 10.4% |
| 2023 | VND 77.8B | 105 | 14.5% |
| 2022 | VND 71.8B | 97 | 8.2% |
| 2021 | VND 329B | 453 | 51.0% |
| 2020 | VND 214B | 310 | 58.8% |
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: 106:100 on Apr 17, 2026.
Who owns Thanh Thanh Cong Tay Ninh JSC
- Insiders 42.66%
- Institutions 0.78%
- Public & others 56.56%
- Shares outstanding 906M
- Free float 467M
Thanh Thanh Cong Tay Ninh JSC company profile
- Company name
- Thanh Thanh Cong Tay Ninh JSC
- Ticker
- SBT.VN
- ISIN
- VN000000SBT4
- Exchange
- Vietnam Stocks
- Sector
- Consumer Defensive
- Industry
- Confectioners
- Employees
- 3,233
- Fiscal year end
- June
- Address
- Tan Loi Hamlet, Tan Chau, Vietnam
- Phone
- 84 2 763 757250
- Website
- ttcagris.com.vn
About Thanh Thanh Cong Tay Ninh JSC
Thanh Thanh Cong - Bien Hoa Joint Stock Company, together with its subsidiaries, engages in the production and sale of sugar and its by-products in Vietnam and internationally. The company is also involved in the production, transmission, and distribution of electricity; planting sugarcane and industrial crops; producing and trading fertilizers and agricultural materials; production of alcohol and non-alcoholic beverages, mineral and bottled water; and cow breeding business. In addition, it engages in constructing civil projects and industrial zone infrastructure; hotels and restaurants businesses; trading of real estate properties, agricultural machines and tools, and oil and gas; rental of houses and apartments; investment activities; and wholesale of commercial goods. Further, the company offers planting and technical advisory; packaging, warehousing, and storage; electrical system installation; and food industry machineries and equipment installation services, as well as technical and consulting management services for the sugar industry. Additionally, it is involved in producing and developing mechanic machineries for sugar canes production; mechanical processing and cattle raising services; and trading of commodities and derivatives. The company was formerly known as Thanh Thanh Cong Tay Ninh Joint Stock Company and changed its name to Thanh Thanh Cong - Bien Hoa Joint Stock Company in November 2017. The company was incorporated in 1995 and is based in Tan Chau, Vietnam.
Thanh Thanh Cong Tay Ninh JSC management
10- Mr. Chuyen Van ThaiCEO, Member of Board of Management & Director
- Ms. Tran Que TrangDeputy General Director & Member of Management Board · born 1980
- Mr. Phap Van HuynhDeputy CEO, VP, Sales Director, Business Director & Member of Management Board · born 1979
- Mr. Thao Quoc TranPermanent Deputy CEO, VP & Member of the Board of Management · born 1979
- Ms. Doan Vu-Uyen DuyenDeputy General Director & Member of Management Board · born 1987
- Ms. Thao Thi Phuong NguyenDeputy CEO, VP & Member of Management Board
- Ms. Trinh Thi Diem DangChief Accountant
- Mr. Nguyen Viet HungTechnical Director
- Ms. Vu Thi Le GiangHead of Investor Relations Department & Director of Investor Relations
- Mr. Vo Thanh LuanMarketing Manager