TDC.VN Binh Duong Trade and Development JSC
- Market cap
- VND 841B
- P/E
- 3.7x
- P/B
- 0.49x
- ROE
- 1.1%
- Dividend yield
- 0.08%
- Fundamental score
- 1.8/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is TDC.VN undervalued?
Graham numberThe Graham number of Binh Duong Trade and Development JSC cannot be estimated reliably (the estimate is too far from the market price).
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?
Binh Duong Trade and Development JSC fundamental analysis
9 of 22 checks passedROE 0/2
Low return on equity (1.1%), below 10%.
ROA 0/1
Return on assets (0.4%) is below the industry median (5.3%).
Profit Consistency 0/2
Not profitable for at least 3 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 (-41.9%) is not above the 5-year average (2.1% a year).
Earnings Growth vs Industry 0/1
Last year's EPS growth (-41.9%) is below the industry median (-18.6%).
Revenue Growth 0/2
Revenue shrank 0.2% a year over the past 3 years.
Short-term Liquidity 0/1
Current assets do not cover short-term liabilities.
Long-term Liabilities 1/1
Current assets cover long-term liabilities.
Debt to Equity 2/2
Low debt to equity (7.1%), 40% or less.
Debt Trend 1/1
Debt to equity has not 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 1.2x against interest expense, below 5x.
PE vs Market 1/1
PE (3.7x) is below the market median (11.2x).
PE vs Industry 1/1
PE (3.7x) is below the industry median (7.8x).
PBV 1/1
Price to book (0.5x) is below the industry median (1.0x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 1.8, limit 22.5).
PEG 0/1
PEG on 5-year earnings growth is 1.73, above 1.
Dividend Yield 0/2
Dividend yield (0.1%) is in 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 0/1
Dividends paid did not grow over the past 5 years.
Payout Ratio 1/1
Payout ratio is 0.2%, 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
Binh Duong Trade and Development JSC stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Binh Duong Trade and Development JSC
Binh Duong Trade and Development Joint Stock Company engages in the real estate activities in Vietnam. The company's real estate portfolio comprises shop houses, apartments, lands, villas, and social housing projects. It also undertakes civil and industrial building works; and produces ready-mixed concrete products, as well as produces and trades in building materials. The company was founded in 2002 and is based in Thu Dau Mot, Vietnam. Binh Duong Trade and Development Join…
Full company profileBinh Duong Trade and Development 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.
Binh Duong Trade and Development JSC annual financial statements (VND; K = thousand, M = million, B = billion, T = trillion)
| Item | 2012 | 2013 | 2014 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | - | - | - | 1.79T | 1.60T | 1.66T | 2.49T | 301B | 1.17T | 2.48T | 1.57T |
| Gross Profit | - | - | - | 580B | 632B | 593B | 409B | 103B | 563B | 498B | 284B |
| Operating Income | - | - | - | 425B | 468B | 434B | 270B | -25.4B | 418B | 315B | 155B |
| EBITDA | - | - | - | 460B | 449B | 352B | 368B | -192B | 567B | 489B | 165B |
| Net Income | - | - | - | 156B | 195B | 121B | 13.0B | -403B | 372B | 275B | 18.7B |
| EPS | - | - | - | 1,564 | 1,948 | 1,208 | 130 | -4,028 | 3,724 | 2,165 | 147 |
| Balance Sheet | |||||||||||
| Total Assets | - | - | - | 6.24T | 5.68T | 5.24T | 3.85T | 3.61T | 4.41T | 4.55T | 4.21T |
| Total Liabilities | - | - | - | 5.01T | 4.39T | 3.96T | 2.65T | 2.82T | 3.29T | 2.83T | 2.45T |
| Shareholders' Equity | - | - | - | 1.21T | 1.25T | 1.25T | 1.17T | 765B | 1.09T | 1.69T | 1.73T |
| Cash & Short-term Investments | - | - | - | 59.6B | 28.2B | 65.3B | 41.0B | 14.1B | 14.5B | 96.3B | 61.3B |
| Cash Flow | |||||||||||
| Operating Cash Flow | 36.3B | 146B | -550B | 947B | 365B | -43.5B | 186B | -46.6B | -15.1B | -188B | -254B |
| Capital Expenditure | 98.0B | 55.1B | 76.4B | 49.7B | 29.1B | 3.97B | 4.41B | 10.8B | 45.9B | 38.3B | 19.9B |
| Free Cash Flow | - | - | - | 898B | 336B | -47.4B | 181B | -57.4B | -61.1B | -226B | -274B |
| Ratios | |||||||||||
| ROE | - | - | - | 12.9% | 15.5% | 9.7% | 1.1% | -52.7% | 34.2% | 16.3% | 1.1% |
| ROA | - | - | - | 2.5% | 3.4% | 2.3% | 0.3% | -11.2% | 8.4% | 6.1% | 0.4% |
| Net Profit Margin | - | - | - | 8.8% | 12.2% | 7.3% | 0.5% | -133.9% | 31.8% | 11.1% | 1.2% |
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.
Binh Duong Trade and Development JSC dividends
- Dividend yield
- 0.08%
- Forward dividend
- 800.00 VND
- Payout ratio
- 0.2%
- Ex-dividend date
- Jun 29, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | VND 684M | 5.38 | 0.2% |
| 2024 | VND 974M | 9.74 | 0.3% |
| 2023 | VND 3.41B | 34 | - |
| 2022 | VND 133B | 1,330 | 1,025.1% |
| 2021 | VND 43.1B | 431 | 35.7% |
| 2020 | VND 528B | 5,276 | 270.8% |
| 2019 | VND 51.2B | 512 | 32.8% |
| 2014 | VND 142B | - | - |
| 2013 | VND 53.3B | - | - |
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: 665:333 on Feb 18, 2011.
Who owns Binh Duong Trade and Development JSC
- Insiders 65.39%
- Institutions 0.00%
- Public & others 34.61%
- Shares outstanding 127M
- Free float 45.1M
Binh Duong Trade and Development JSC company profile
- Company name
- Binh Duong Trade and Development JSC
- Ticker
- TDC.VN
- ISIN
- VN000000TDC4
- Exchange
- Vietnam Stocks
- Sector
- Basic Materials
- Industry
- Building Materials
- Employees
- 488
- Fiscal year end
- December
- Address
- No.26-27,Lot I, Thu Dau Mot, Vietnam, 820000
- Phone
- 84 274 222 0666
- Website
- becamextdc.com.vn
About Binh Duong Trade and Development JSC
Binh Duong Trade and Development Joint Stock Company engages in the real estate activities in Vietnam. The company's real estate portfolio comprises shop houses, apartments, lands, villas, and social housing projects. It also undertakes civil and industrial building works; and produces ready-mixed concrete products, as well as produces and trades in building materials. The company was founded in 2002 and is based in Thu Dau Mot, Vietnam. Binh Duong Trade and Development Joint Stock Company is a subsidiary of Investment and Industrial Development Corporation - JSC.
Binh Duong Trade and Development JSC management
5- Mr. Thuan Van DoanVice Chairman, General Director & Member of management Board
- Mr. Thanh Hoan HoDeputy General Director, Member of management Board & Director
- Mr. Hien Van LeDeputy General Director, Member of management Board & Director
- Mr. Trung Thanh NguyenDeputy General Director & Member of management Board
- Ms. Tuyet Thi Ngoc HuynhChief Accounting Officer