TMS.VN Transimex Saigon Corp
- Market cap
- VND 5.36T
- P/E
- 9.8x
- P/B
- 1.25x
- ROE
- 17.4%
- Dividend yield
- 3.63%
- Fundamental score
- 3.0/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is TMS.VN undervalued?
Graham numberTMS.VN trades 26.3% 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?
Transimex Saigon Corp fundamental analysis
15 of 22 checks passedROE 1/2
Moderate return on equity (17.4%), between 10% and 20%.
ROA 1/1
Return on assets (9.0%) 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 (96.3%) is above the 5-year average (-8.9% a year).
Earnings Growth vs Industry 1/1
Last year's EPS growth (96.3%) is above the industry median (17.5%).
Revenue Growth 0/2
Revenue shrank 1.6% 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 (38.8%), 40% or less.
Debt Trend 0/1
Debt to equity has risen over the past 5 years.
Debt Coverage 0/1
Operating cash flow does not cover 20% of total debt.
Interest Coverage 1/1
EBIT is 6.0x against interest expense, well covered.
PE vs Market 1/1
PE (9.8x) is below the market median (11.2x).
PE vs Industry 1/1
PE (9.8x) is below the industry median (11.2x).
PBV 0/1
Price to book (1.2x) is above the industry median (1.2x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 12.2, limit 22.5).
PEG 0/1
PEG needs positive PE and positive 5-year earnings growth.
Dividend Yield 1/2
Dividend yield (3.6%) 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 53.7%, 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
Transimex Saigon Corp stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Transimex Saigon Corp
Transimex Corporation, together with its subsidiaries, provides logistics services in Vietnam. The company offers international freight forwarding, such as full container load (FCL)/ less than container load (LCL); international and domestic door-to-door transport services; air freight; project cargo and exhibition displays; and carriage, packing, and customs clearance services. It also provides document storage solutions, including document management and archiving solution…
Full company profileTransimex Saigon Corp 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.
Transimex Saigon 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 | 2.34T | 3.42T | 6.38T | 3.65T | 2.39T | 3.33T | 3.48T | 3.49T |
| Gross Profit | 272B | 306B | 546B | 550B | 411B | 521B | 600B | 658B |
| Operating Income | 179B | 198B | 331B | 345B | 189B | 233B | 323B | 354B |
| EBITDA | 409B | 506B | 865B | 963B | 463B | 664B | 877B | 1.45T |
| Net Income | 215B | 313B | 571B | 661B | 160B | 184B | 362B | 797B |
| EPS | 2,237 | 3,346 | 4,687 | 5,428 | 1,011 | 1,068 | 2,096 | 4,614 |
| Balance Sheet | ||||||||
| Total Assets | 3.31T | 3.92T | 5.73T | 5.57T | 7.51T | 8.36T | 8.58T | 8.84T |
| Total Liabilities | 1.36T | 1.57T | 2.24T | 1.42T | 2.74T | 3.24T | 3.28T | 3.18T |
| Shareholders' Equity | 1.72T | 2.11T | 3.11T | 3.75T | 3.89T | 3.98T | 4.17T | 4.58T |
| Cash & Short-term Investments | 330B | 461B | 1.07T | 557B | 447B | 486B | 489B | 442B |
| Cash Flow | ||||||||
| Operating Cash Flow | 94.6B | 281B | 14.4B | -573B | 191B | 313B | 388B | 192B |
| Capital Expenditure | 110B | 149B | 214B | 256B | 377B | 270B | 341B | 700B |
| Free Cash Flow | -15.1B | 132B | -200B | 24.0B | -186B | 42.4B | 46.7B | -508B |
| Ratios | ||||||||
| ROE | 12.5% | 14.8% | 18.4% | 17.6% | 4.1% | 4.6% | 8.7% | 17.4% |
| ROA | 6.5% | 8.0% | 10.0% | 11.9% | 2.1% | 2.2% | 4.2% | 9.0% |
| Net Profit Margin | 9.2% | 9.2% | 8.9% | 18.1% | 6.7% | 5.5% | 10.4% | 22.8% |
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.
Transimex Saigon Corp dividends
- Dividend yield
- 3.63%
- Forward dividend
- 500.00 VND
- Payout ratio
- 53.7%
- Ex-dividend date
- Sep 25, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | VND 194B | 1,125 | 53.7% |
| 2024 | VND 104B | 600 | 56.2% |
| 2023 | VND 11.0B | 69 | 6.9% |
| 2022 | VND 41.1B | 338 | 6.2% |
| 2021 | VND 41.2B | 338 | 7.2% |
| 2020 | VND 39.0B | 417 | 12.5% |
| 2019 | VND 58.4B | 608 | 27.2% |
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: 107:100 on Sep 25, 2026.
Who owns Transimex Saigon Corp
- Insiders 96.12%
- Institutions 0.00%
- Public & others 3.88%
- Shares outstanding 185M
- Free float 13.4M
Transimex Saigon Corp company profile
- Company name
- Transimex Saigon Corp
- Ticker
- TMS.VN
- ISIN
- VN000000TMS1
- Exchange
- Vietnam Stocks
- Sector
- Industrials
- Industry
- Integrated Freight & Logistics
- Employees
- 1,313
- Fiscal year end
- December
- Address
- 172 Hai Bà Trung Street, Ho Chi Minh City, Vietnam
- Phone
- 84 28 2220 2888
- Website
- transimex.com.vn
About Transimex Saigon Corp
Transimex Corporation, together with its subsidiaries, provides logistics services in Vietnam. The company offers international freight forwarding, such as full container load (FCL)/ less than container load (LCL); international and domestic door-to-door transport services; air freight; project cargo and exhibition displays; and carriage, packing, and customs clearance services. It also provides document storage solutions, including document management and archiving solutions; warehouse and distribution; inland trucking; project, construction, oversized, and overweight cargo transportation; and contract and total logistics services. In addition, the company offers ICD operator services; packaging, repackaging, and goods distribution services; and support and agency services. Further, it is involved in freight transport by road; real estate business; real estate trading; real estate consultancy, brokerage, real estate auction, and auction of land use rights activities; office building leasing; arranging and organizing of transportation activities by rail, road, sea, and air; supporting services related to transportation; cleaning of residential and commercial premises; landscaping maintenance and care services; leasing of machinery; inland waterway ports; inland cargo transportation; coastal and deep-sea cargo transportation; chartering of sea vessels; cargo handling; logistics distribution center; ship agency; value-added services; passenger road transportation; airline ticket agency services; and goods delivery activities. The company was formerly known as Transimex-Saigon Corporation and changed its name to Transimex Corporation in May 2016. Transimex Corporation was founded in 1983 and is headquartered in Ho Chi Minh City, Vietnam.
Transimex Saigon Corp management
7- Mr. Hiep Duy LeVice Chairman of Board, CEO, General Director & Member of Executive Board · born 1963
- Mr. Hung Van LeChief Financial Officer · born 1975
- Mr. Tung Phuc LeDeputy General Director & Member of Executive Board
- Mr. Hai Hoang NguyenDeputy CEO & Member of the Executive Board
- Mr. Quang Xuan PhamChief Accountant · born 1980
- Mr. Duc Chi NguyenDeputy General Director & Member of Executive Board
- Ms. Nhi Thi Thai NguyenRight Chief of Office of the Board & Secretary · born 1994