TCM.VN Thanh Cong Textile Garment Investment Trading JSC
- Market cap
- VND 1.82T
- P/E
- 8.3x
- P/B
- 0.78x
- ROE
- 9.2%
- Dividend yield
- 2.84%
- Fundamental score
- 3.0/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is TCM.VN undervalued?
Graham numberTCM.VN trades 46.2% 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?
Thanh Cong Textile Garment Investment Trading JSC fundamental analysis
15 of 22 checks passedROE 0/2
Low return on equity (9.2%), below 10%.
ROA 1/1
Return on assets (5.2%) is above the industry median (3.6%).
Profit Consistency 2/2
Profitable for 7 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 (2.3%) is above the 5-year average (-6.5% a year).
Earnings Growth vs Industry 0/1
Last year's EPS growth (2.3%) is below the industry median (17.5%).
Revenue Growth 0/2
Revenue shrank 5.6% 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 2/2
Low debt to equity (5.3%), 40% or less.
Debt Trend 0/1
Debt to equity has risen over the past 5 years.
Debt Coverage 1/1
Operating cash flow covers 20% of total debt.
Interest Coverage 1/1
EBIT is 7.4x against interest expense, well covered.
PE vs Market 1/1
PE (8.4x) is below the market median (11.2x).
PE vs Industry 1/1
PE (8.4x) is below the industry median (11.2x).
PBV 1/1
Price to book (0.8x) is below the industry median (1.2x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 6.7, limit 22.5).
PEG 0/1
PEG needs positive PE and positive 5-year earnings growth.
Dividend Yield 1/2
Dividend yield (2.8%) 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 19.2%, 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 Cong Textile Garment Investment Trading JSC stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Thanh Cong Textile Garment Investment Trading JSC
Thanh Cong Textile Garment Investment Trading Joint Stock Company, together with its subsidiaries, engages in the textile and garment, fashion retail, real estate, and trademark businesses in Vietnam and internationally. It operates through Garment and Textile, Healthcare Services, and Other segments. The company engages in the manufacture and trading in cotton, fibers, garments, footwear, raw materials, chemicals, and dyes, as well as spinning, weaving, knitting, dyeing, an…
Full company profileThanh Cong Textile Garment Investment Trading 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.
Thanh Cong Textile Garment Investment Trading 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 | 3.64T | 3.47T | 3.54T | 4.34T | 3.32T | 3.81T | 3.64T | 3.96T |
| Gross Profit | 579B | 620B | 514B | 710B | 499B | 617B | 593B | 565B |
| Operating Income | 279B | 334B | 159B | 363B | 218B | 316B | 311B | 266B |
| EBITDA | 438B | 490B | 317B | 507B | 355B | 497B | 499B | 432B |
| Net Income | 216B | 275B | 143B | 279B | 132B | 276B | 269B | 222B |
| EPS | 2,632 | 3,359 | 1,739 | 3,409 | 1,425 | 2,347 | 2,402 | 1,885 |
| Balance Sheet | ||||||||
| Total Assets | 2.92T | 2.98T | 3.61T | 3.48T | 3.28T | 3.90T | 4.17T | 4.27T |
| Total Liabilities | 1.50T | 1.34T | 1.90T | 1.50T | 1.27T | 1.62T | 1.72T | 1.85T |
| Shareholders' Equity | 1.42T | 1.63T | 1.70T | 1.97T | 2.00T | 2.26T | 2.44T | 2.41T |
| Cash & Short-term Investments | 225B | 288B | 270B | 422B | 435B | 563B | 814B | 692B |
| Cash Flow | ||||||||
| Operating Cash Flow | 527B | 387B | -89.3B | 252B | 293B | 392B | 235B | 62.3B |
| Capital Expenditure | 76.0B | 11.8B | 117B | 127B | 59.2B | 237B | 226B | 101B |
| Free Cash Flow | 451B | 375B | -206B | 125B | 234B | 154B | 9.02B | -39.1B |
| Ratios | ||||||||
| ROE | 15.2% | 16.9% | 8.4% | 14.2% | 6.6% | 12.2% | 11.0% | 9.2% |
| ROA | 7.4% | 9.2% | 4.0% | 8.0% | 4.0% | 7.1% | 6.5% | 5.2% |
| Net Profit Margin | 5.9% | 7.9% | 4.0% | 6.4% | 4.0% | 7.2% | 7.4% | 5.6% |
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.
Thanh Cong Textile Garment Investment Trading JSC dividends
- Dividend yield
- 2.84%
- Forward dividend
- 1,000.00 VND
- Payout ratio
- 19.2%
- Ex-dividend date
- May 25, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | VND 51.5B | 460 | 19.2% |
| 2024 | VND 737M | 6.27 | 0.3% |
| 2023 | VND 57.9B | 625 | 43.9% |
| 2022 | VND 373M | 4.55 | 0.1% |
| 2021 | VND 31.3B | 382 | 22.0% |
| 2020 | VND 29.4B | 359 | 10.7% |
| 2019 | VND 27.4B | 335 | 12.7% |
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: 105:100 on May 25, 2026.
Who owns Thanh Cong Textile Garment Investment Trading JSC
- Insiders 55.98%
- Institutions 0.00%
- Public & others 44.02%
- Shares outstanding 118M
- Free float 55.6M
Thanh Cong Textile Garment Investment Trading JSC company profile
- Company name
- Thanh Cong Textile Garment Investment Trading JSC
- Ticker
- TCM.VN
- ISIN
- VN000000TCM5
- Exchange
- Vietnam Stocks
- Sector
- Consumer Cyclical
- Industry
- Textile Manufacturing
- Employees
- 5,625
- Fiscal year end
- December
- Address
- 36 Tay Thanh Street, Ho Chi Minh City, Vietnam
- Phone
- 84 28 3815 3962
- Website
- thanhcong.com.vn
About Thanh Cong Textile Garment Investment Trading JSC
Thanh Cong Textile Garment Investment Trading Joint Stock Company, together with its subsidiaries, engages in the textile and garment, fashion retail, real estate, and trademark businesses in Vietnam and internationally. It operates through Garment and Textile, Healthcare Services, and Other segments. The company engages in the manufacture and trading in cotton, fibers, garments, footwear, raw materials, chemicals, and dyes, as well as spinning, weaving, knitting, dyeing, and finishing products; packing services for the garment and textile industry; real estate business; medical treatment and services; trading in medical products and equipment; and e-commerce services. It also provides casual wear, women's and children's wear, accessories, and innerwear. The company offers its products under the Ellesse, New Balance, Berghaus, Teenie Weenie, Marie Claire, and TCM brands. It exports its products to approximately 30 countries, including the United States, Japan, Korea, China, and the European Union. The company was formerly known as Thanh Cong Textile Garment Joint Stock Company and changed its name to Thanh Cong Textile Garment Investment Trading Joint Stock Company in May 2008. The company was founded in 1967 and is headquartered in Ho Chi Minh City, Vietnam.
Thanh Cong Textile Garment Investment Trading JSC management
5- Mr. Tung Nhu TranDeputy CEO, Member of Executive Management Board & Chairman · born 1973
- Mr. Ho Jae SongGeneral Director, CEO, Member of Executive Management Board & Director · born 1977
- Ms. Hao Minh NguyenCFO & Member of Executive Management Board and Director · born 1973
- Thuy Thi Thanh PhamChief Accountant
- Mr. Nguyen Huu TuanHuman Resources Manager & Inspection Committee · born 1968