SCS.VN Sai Gon Cargo Service Corp
- Market cap
- VND 3.79T
- P/E
- 5.5x
- P/B
- 2.19x
- ROE
- 40.7%
- Dividend yield
- 15.94%
- Fundamental score
- 3.4/5
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is SCS.VN undervalued?
Graham numberSCS.VN trades 26.9% 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?
Sai Gon Cargo Service Corp fundamental analysis
15 of 22 checks passedROE 2/2
High return on equity (40.7%), above 20%.
ROA 1/1
Return on assets (31.5%) is above the industry median (3.6%).
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 0/1
Last year's EPS growth (8.4%) is not above the 5-year average (9.9% a year).
Earnings Growth vs Industry 0/1
Last year's EPS growth (8.4%) is below the industry median (17.5%).
Revenue Growth 2/2
Revenue grew 12.0% 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
No interest expense reported.
PE vs Market 1/1
PE (5.5x) is below the market median (11.2x).
PE vs Industry 1/1
PE (5.5x) is below the industry median (11.2x).
PBV 0/1
Price to book (2.2x) is above the industry median (1.2x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 12.0, limit 22.5).
PEG 1/1
PEG on 5-year earnings growth is 0.56, growth is cheap.
Dividend Yield 2/2
Dividend yield (15.9%) 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 80.5%, 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
Sai Gon Cargo Service Corp stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Sai Gon Cargo Service Corp
Saigon Cargo Service Corporation operates cargo terminals in Vietnam. The company provides forwarding, loading, and unloading; aviation ground; vocational training; and storage services. It also leases, operates, and manages non-residential properties, such as offices, warehouses, wharves, yards, and spaces in buildings, as well as leases airplane parking lots. In addition, the company is involved in cargo transportation by automobiles; construction of wharves; and civil-ind…
Full company profileSai Gon Cargo Service Corp 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.
Sai Gon Cargo Service 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 | - | 693B | 839B | 851B | 705B | 1.04T | 1.20T | 1.11T |
| Gross Profit | - | 538B | 652B | 698B | 535B | 801B | 939B | 879B |
| Operating Income | - | 472B | 572B | 640B | 482B | 727B | 867B | 818B |
| EBITDA | - | - | - | 682B | 612B | 827B | 986B | 934B |
| Net Income | - | 464B | 564B | 646B | 498B | 693B | 751B | 740B |
| EPS | - | 4,947 | 6,003 | - | 5,280 | 7,302 | 7,915 | 7,712 |
| Balance Sheet | ||||||||
| Total Assets | - | 1.09T | 1.42T | 1.56T | 1.70T | 1.90T | 2.17T | 2.35T |
| Total Liabilities | - | 78.6B | 166B | 122B | 364B | 492B | 604B | 528B |
| Shareholders' Equity | - | 1.02T | 1.25T | 1.43T | 1.34T | 1.41T | 1.56T | 1.82T |
| Cash & Short-term Investments | - | 36.1B | 57.9B | 51.3B | 163B | 317B | 108B | 69.3B |
| Cash Flow | ||||||||
| Operating Cash Flow | 562B | 504B | 591B | 588B | 455B | 666B | 735B | 690B |
| Capital Expenditure | 13.6B | 3.58B | 5.59B | 37.2B | 21.9B | 18.7B | 8.86B | 12.4B |
| Free Cash Flow | - | 500B | 586B | 551B | 433B | 647B | 726B | 677B |
| Ratios | ||||||||
| ROE | - | 45.7% | 45.1% | 45.1% | 37.2% | 49.3% | 48.1% | 40.7% |
| ROA | - | 42.4% | 39.8% | 41.5% | 29.3% | 36.5% | 34.7% | 31.5% |
| Net Profit Margin | - | 67.0% | 67.2% | 75.9% | 70.7% | 66.8% | 62.8% | 66.4% |
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.
Sai Gon Cargo Service Corp dividends
- Dividend yield
- 15.94%
- Forward dividend
- 5,000.00 VND
- Payout ratio
- 80.5%
- Ex-dividend date
- Jul 23, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | VND 605B | 6,371 | 80.5% |
| 2024 | VND 515B | 5,424 | 74.3% |
| 2023 | VND 367B | 3,884 | 73.6% |
| 2022 | VND 439B | - | 67.9% |
| 2021 | VND 271B | 2,890 | 48.1% |
| 2020 | VND 439B | 4,675 | 94.5% |
| 2019 | VND 367B | - | - |
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: 185:100 on Aug 5, 2022.
Who owns Sai Gon Cargo Service Corp
- Insiders 63.31%
- Institutions 4.66%
- Public & others 32.04%
- Shares outstanding 95.9M
- Free float 21.3M
Sai Gon Cargo Service Corp company profile
- Company name
- Sai Gon Cargo Service Corp
- Ticker
- SCS.VN
- ISIN
- VN000000SCS4
- Exchange
- Vietnam Stocks
- Sector
- Industrials
- Industry
- Airports & Air Services
- Employees
- 664
- Fiscal year end
- December
- Address
- No. 30 Phan Thue Duyen Street, Ho Chi Minh City, Vietnam
- Phone
- 84 28 3997 6930
- Website
- scsc.vn
About Sai Gon Cargo Service Corp
Saigon Cargo Service Corporation operates cargo terminals in Vietnam. The company provides forwarding, loading, and unloading; aviation ground; vocational training; and storage services. It also leases, operates, and manages non-residential properties, such as offices, warehouses, wharves, yards, and spaces in buildings, as well as leases airplane parking lots. In addition, the company is involved in cargo transportation by automobiles; construction of wharves; and civil-industrial construction works. Further, it acts as an agent for customs clearance. Saigon Cargo Service Corporation was incorporated in 2008 and is headquartered in Ho Chi Minh City, Vietnam.
Sai Gon Cargo Service Corp management
5- Mr. Khanh Quoc NguyenCEO, General Director & Director · born 1964
- Mr. Son Thai NguyenDeputy General Director, Director of Mining & Member of Management Board
- Mr. Phuong Hien ToDeputy General Director & Member of Management Board
- Ms. Thu Thi Anh NgoChief Accountant and Head of Financial & Accountant Department
- Mr. Thanh Quang LeManager of Marketing & Customer Service Dept.