SFG.VN Southern Fertilizer JSC
- Market cap
- VND 481B
- P/E
- 12.7x
- P/B
- 0.71x
- ROE
- 7.5%
- Dividend yield
- 4.95%
- Fundamental score
- 2.1/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is SFG.VN undervalued?
Graham numberSFG.VN trades 36.6% 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?
Southern Fertilizer JSC fundamental analysis
11 of 22 checks passedROE 0/2
Low return on equity (7.5%), below 10%.
ROA 0/1
Return on assets (2.5%) is below the industry median (3.6%).
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 (7.1%) is not above the 5-year average (60.3% a year).
Earnings Growth vs Industry 0/1
Last year's EPS growth (7.1%) is below the industry median (17.5%).
Revenue Growth 1/2
Revenue grew 0.9% 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 0/1
EBIT is 2.0x against interest expense, below 5x.
PE vs Market 0/1
PE (12.7x) is above the market median (11.2x).
PE vs Industry 0/1
PE (12.7x) is above the industry median (11.2x).
PBV 1/1
Price to book (0.7x) is below the industry median (1.2x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 9.0, limit 22.5).
PEG 1/1
PEG on 5-year earnings growth is 0.21, growth is cheap.
Dividend Yield 1/2
Dividend yield (5.0%) is above 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 1/1
Dividends paid grew over the past 5 years.
Payout Ratio 1/1
Payout ratio is 74.4%, 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
Southern Fertilizer JSC stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Southern Fertilizer JSC
The Southern Fertilizer Joint Stock Company manufactures and distributes chemicals and fertilizers in Vietnam. The company offers fertilizers, including phosphate, NPK, foliar, organic, urban agricultural, and various single fertilizers, as well as other fertilizers; PP and PE packaging; chemicals, such as axit, sulfur, and environmental treatment chemicals under the Eagle Fertilizer, LONG THANH, and YOGEN MITSUIVINA brands. It also provides logistic services. In addition, t…
Full company profileSouthern Fertilizer JSC 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.
Southern Fertilizer 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 | 1.63T | 1.39T | 2.11T | 2.01T | 1.56T | 1.60T | 2.07T | 3.41T |
| Gross Profit | 102B | 99.5B | 159B | 144B | 87.9B | 143B | 167B | 271B |
| Operating Income | 22.6B | 6.74B | 51.8B | 56.8B | -915M | 33.7B | 60.3B | 90.3B |
| EBITDA | 62.1B | 54.2B | 94.1B | 116B | 108B | 88.1B | 107B | 155B |
| Net Income | 1.54B | 3.03B | 36.6B | 45.0B | 56.8B | 29.9B | 32.0B | 51.4B |
| EPS | 32 | 63 | 764 | 940 | 1,186 | 624 | 669 | 1,072 |
| Balance Sheet | ||||||||
| Total Assets | 1.09T | 1.06T | 1.43T | 1.08T | 1.24T | 1.39T | 1.78T | 2.05T |
| Total Liabilities | 530B | 496B | 845B | 468B | 590B | 734B | 1.12T | 1.37T |
| Shareholders' Equity | 557B | 559B | 584B | 615B | 654B | 654B | 659B | 681B |
| Cash & Short-term Investments | 73.9B | 56.3B | 102B | 17.6B | 63.7B | 11.3B | 13.9B | 70.3B |
| Cash Flow | ||||||||
| Operating Cash Flow | 238B | 48.6B | 6.29B | 202B | 281B | -296B | -466B | 230B |
| Capital Expenditure | 32.9B | 19.1B | 14.3B | 9.00B | 12.7B | 22.2B | 13.3B | 27.9B |
| Free Cash Flow | 205B | 29.5B | -8.01B | 193B | 268B | -318B | -479B | 210B |
| Ratios | ||||||||
| ROE | 0.3% | 0.5% | 6.3% | 7.3% | 8.7% | 4.6% | 4.9% | 7.5% |
| ROA | 0.1% | 0.3% | 2.6% | 4.2% | 4.6% | 2.2% | 1.8% | 2.5% |
| Net Profit Margin | 0.1% | 0.2% | 1.7% | 2.2% | 3.6% | 1.9% | 1.6% | 1.5% |
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.
Southern Fertilizer JSC dividends
- Dividend yield
- 4.95%
- Forward dividend
- 500.00 VND
- Payout ratio
- 74.4%
- Ex-dividend date
- Jul 23, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | VND 23.8B | 498 | 74.4% |
| 2024 | VND 24.2B | 506 | 81.0% |
| 2023 | VND 19.1B | 398 | 33.6% |
| 2022 | VND 9.59B | 200 | 21.3% |
| 2021 | VND 11.9B | 249 | 32.5% |
| 2020 | VND 357M | 7.45 | 11.8% |
| 2019 | VND 34.2B | 714 | 2,220.0% |
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: 11:10 on Aug 24, 2016.
Who owns Southern Fertilizer JSC
- Insiders 65.21%
- Institutions 0.00%
- Public & others 34.79%
- Shares outstanding 47.9M
- Free float 16.7M
Southern Fertilizer JSC company profile
- Company name
- Southern Fertilizer JSC
- Ticker
- SFG.VN
- ISIN
- VN000000SFG2
- Exchange
- Vietnam Stocks
- Sector
- Basic Materials
- Industry
- Agricultural Inputs
- Employees
- 528
- Fiscal year end
- December
- Address
- No. 125B, Cach Mang Thang Tam Street, Ho Chi Minh City, Vietnam
- Phone
- 84 28 3832 5889
- Website
- phanbonmiennam.com.vn
About Southern Fertilizer JSC
The Southern Fertilizer Joint Stock Company manufactures and distributes chemicals and fertilizers in Vietnam. The company offers fertilizers, including phosphate, NPK, foliar, organic, urban agricultural, and various single fertilizers, as well as other fertilizers; PP and PE packaging; chemicals, such as axit, sulfur, and environmental treatment chemicals under the Eagle Fertilizer, LONG THANH, and YOGEN MITSUIVINA brands. It also provides logistic services. In addition, the company is involved in trading of equipment, machinery, spare parts, and raw materials; and manufacturing and installing of chemical production equipment and lines. The Southern Fertilizer Joint Stock Company was founded in 1976 and is headquartered in Ho Chi Minh City, Vietnam. The Southern Fertilizer Joint Stock Company operates as a subsidiary of Vietnam National Chemical Group.
Southern Fertilizer JSC management
6- Mr. Tuan Van DoDirector & CEO
- Ms. Huong Thi NguyenChief Accountant and Director of the Accounting & Finance Department
- Mr. Trinh Quoc HungDeputy CEO, Director of HR & Director
- Mr. Tuan Minh VuDeputy General Director
- Mr. Sang Tan DoanDeputy Chief Executive Officer · born 1978
- Mr. Cuong Viet NguyenCompany Secretary