TDP.VN Thuan Duc JSC
- Market cap
- VND 3.01T
- P/E
- 21.8x
- P/B
- 2.27x
- ROE
- 12.4%
- Dividend yield
- -
- Fundamental score
- 2.0/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is TDP.VN undervalued?
Graham numberTDP.VN trades 48.3% 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?
Thuan Duc JSC fundamental analysis
8 of 22 checks passedROE 1/2
Moderate return on equity (12.4%), between 10% and 20%.
ROA 0/1
Return on assets (3.2%) 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 (2.9%) is not above the 5-year average (3.3% a year).
Earnings Growth vs Industry 0/1
Last year's EPS growth (2.9%) is below the industry median (17.5%).
Revenue Growth 2/2
Revenue grew 13.6% 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 (19.5%), 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 0/1
EBIT is 1.9x against interest expense, below 5x.
PE vs Market 0/1
PE (21.9x) is above the market median (11.2x).
PE vs Industry 0/1
PE (21.9x) is above the industry median (11.2x).
PBV 0/1
Price to book (2.3x) is above the industry median (1.2x).
Graham Number 0/1
The price is above the Graham number (PE x PB = 50.1, limit 22.5).
PEG 0/1
PEG on 5-year earnings growth is 6.68, above 1.
Dividend Yield 0/2
No dividend paid in the last reported year.
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 0/1
No dividend, or no profit to pay it from.
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
Thuan Duc JSC stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Thuan Duc JSC
Thuan Duc Joint Stock Company, together with its subsidiary, produces and sells PP woven packaging products in Vietnam and internationally. The company offers PP shopping, PP woven shopping, PP non-woven shopping, RPET shopping, cooler, and other bags, as well as agricultural, feed, and fertilizer packaging products. It is also involved in trading plastic resins and other activities. Thuan Duc Joint Stock Company was incorporated in 2007 and is headquartered in Hung Yen, Vie…
Full company profileThuan Duc 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.
Thuan Duc 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 | 1.20T | 1.38T | 2.44T | 3.25T | 3.82T | 4.38T | 4.76T | 5.82T |
| Gross Profit | 191B | 237B | 310B | 369B | 352B | 397B | 390B | 450B |
| Operating Income | 128B | 172B | 198B | 236B | 242B | 280B | 265B | 312B |
| EBITDA | - | - | - | 343B | 345B | 375B | 379B | 514B |
| Net Income | 61.9B | 72.7B | 86.8B | 93.7B | 42.3B | 93.9B | 96.6B | 158B |
| EPS | 785 | 838 | - | - | 439 | 957 | 985 | 1,691 |
| Balance Sheet | ||||||||
| Total Assets | 1.61T | 1.83T | 2.74T | 3.32T | 3.67T | 3.94T | 4.47T | 4.95T |
| Total Liabilities | 1.05T | 1.20T | 2.02T | 2.51T | 2.82T | 2.92T | 3.36T | 3.67T |
| Shareholders' Equity | 558B | 631B | 720B | 814B | 856B | 1.02T | 1.12T | 1.28T |
| Cash & Short-term Investments | 27.0B | 68.6B | 132B | 354B | 260B | 626B | 1.06T | 1.40T |
| Cash Flow | ||||||||
| Operating Cash Flow | -106B | 55.0B | 10.5B | -87.4B | -94.3B | 173B | 165B | 176B |
| Capital Expenditure | 86.1B | 70.4B | 136B | 154B | 28.8B | 23.1B | 27.4B | 75.8B |
| Free Cash Flow | -192B | -15.4B | -125B | -241B | -123B | 150B | 138B | 100B |
| Ratios | ||||||||
| ROE | 11.1% | 11.5% | 12.1% | 11.5% | 4.9% | 9.2% | 8.7% | 12.4% |
| ROA | 3.8% | 4.0% | 3.2% | 2.8% | 1.2% | 2.4% | 2.2% | 3.2% |
| Net Profit Margin | 5.2% | 5.3% | 3.6% | 2.9% | 1.1% | 2.1% | 2.0% | 2.7% |
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.
Thuan Duc JSC dividends
Thuan Duc JSC has not paid dividends in the last 7 fiscal years.
Last stock split: 110:100 on Sep 17, 2026.
Who owns Thuan Duc JSC
- Insiders 51.70%
- Institutions 0.00%
- Public & others 48.31%
- Shares outstanding 103M
- Free float 55.5M
Thuan Duc JSC company profile
- Company name
- Thuan Duc JSC
- Ticker
- TDP.VN
- ISIN
- VN000000TDP6
- Exchange
- Vietnam Stocks
- Sector
- Consumer Cyclical
- Industry
- Packaging & Containers
- Employees
- 1,261
- Fiscal year end
- December
- Address
- Dong Xa Hamlet, Hung Yen, Vietnam
- Phone
- 84 221 3810 705
- Website
- thuanducjsc.vn
About Thuan Duc JSC
Thuan Duc Joint Stock Company, together with its subsidiary, produces and sells PP woven packaging products in Vietnam and internationally. The company offers PP shopping, PP woven shopping, PP non-woven shopping, RPET shopping, cooler, and other bags, as well as agricultural, feed, and fertilizer packaging products. It is also involved in trading plastic resins and other activities. Thuan Duc Joint Stock Company was incorporated in 2007 and is headquartered in Hung Yen, Vietnam.
Thuan Duc JSC management
4- Mr. Sy Quang BuiGeneral Director, CEO, Member of Management Board & Director
- Ms. Dung Kim NgoDeputy General Director, Member of Management Board & Director
- Mr. Duy Dang TranDeputy General Director, Member of Management Board & Director
- Nga Thi DaoChief Accountant