TRA.VN Traphaco JSC
- Market cap
- VND 2.94T
- P/E
- 12.1x
- P/B
- 1.92x
- ROE
- 16.0%
- Dividend yield
- 5.68%
- Fundamental score
- 2.3/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is TRA.VN undervalued?
Graham numberTRA.VN trades 1.6% 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?
Traphaco JSC fundamental analysis
12 of 22 checks passedROE 1/2
Moderate return on equity (16.0%), between 10% and 20%.
ROA 0/1
Return on assets (10.1%) is below the industry median (11.7%).
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 (4.5%) is above the 5-year average (-8.6% a year).
Earnings Growth vs Industry 0/1
Last year's EPS growth (4.5%) is below the industry median (5.0%).
Revenue Growth 1/2
Revenue grew 3.5% 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 1/1
EBIT is 37.5x against interest expense, well covered.
PE vs Market 0/1
PE (12.2x) is above the market median (11.2x).
PE vs Industry 1/1
PE (12.2x) is below the industry median (13.1x).
PBV 1/1
Price to book (1.9x) is below the industry median (2.2x).
Graham Number 0/1
The price is above the Graham number (PE x PB = 23.8, limit 22.5).
PEG 0/1
PEG needs positive PE and positive 5-year earnings growth.
Dividend Yield 1/2
Dividend yield (5.7%) 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 66.9%, 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
Traphaco JSC stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Traphaco JSC
Traphaco Joint Stock Company, together with its subsidiaries, produces and trades in pharmaceutical products, chemicals, and medical supplies and equipment in Vietnam. The company offers medical supplies; antipyretics; medicines for the hair, eyes, central neutral system, respiratory system, and liver; and other products. It is also involved in the production of medicines to treat human diseases, nutritional food products, and medicines derived from medicinal herbs; trading …
Full company profileTraphaco 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.
Traphaco 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 | 1.71T | 1.91T | 2.16T | 2.40T | 2.30T | 2.35T | 2.66T | 2.74T |
| Gross Profit | 940B | 1.03T | 1.15T | 1.34T | 1.24T | 1.24T | 1.42T | 1.56T |
| Operating Income | 228B | 269B | 327B | 351B | 333B | 306B | 324B | 341B |
| EBITDA | 315B | 360B | 421B | 456B | 459B | 420B | 448B | 460B |
| Net Income | 153B | 196B | 242B | 269B | 263B | 239B | 250B | 239B |
| EPS | 3,701 | 4,723 | 5,828 | 6,493 | 6,351 | 2,883 | 3,011 | 2,880 |
| Balance Sheet | ||||||||
| Total Assets | 1.57T | 1.65T | 1.71T | 1.82T | 2.12T | 2.17T | 2.32T | 2.36T |
| Total Liabilities | 453B | 478B | 440B | 436B | 635B | 636B | 636B | 737B |
| Shareholders' Equity | 1.03T | 1.08T | 1.17T | 1.28T | 1.38T | 1.42T | 1.55T | 1.49T |
| Cash & Short-term Investments | 297B | 309B | 211B | 176B | 367B | 208B | 176B | 160B |
| Cash Flow | ||||||||
| Operating Cash Flow | 217B | 346B | 290B | 247B | 220B | 160B | 283B | 126B |
| Capital Expenditure | 31.9B | 44.1B | 31.4B | 58.7B | 90.0B | 86.7B | 109B | 78.9B |
| Free Cash Flow | 185B | 302B | 259B | 189B | 130B | 73.0B | 173B | 46.7B |
| Ratios | ||||||||
| ROE | 14.9% | 18.1% | 20.7% | 21.1% | 19.1% | 16.8% | 16.1% | 16.0% |
| ROA | 9.8% | 11.9% | 14.2% | 14.8% | 12.4% | 11.0% | 10.7% | 10.1% |
| Net Profit Margin | 9.0% | 10.3% | 11.2% | 11.2% | 11.4% | 10.2% | 9.4% | 8.7% |
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.
Traphaco JSC dividends
- Dividend yield
- 5.68%
- Forward dividend
- 4,000.00 VND
- Payout ratio
- 66.9%
- Ex-dividend date
- Jul 21, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | VND 167B | 2,016 | 66.9% |
| 2024 | VND 177B | 2,141 | 74.3% |
| 2023 | VND 140B | 3,377 | 53.2% |
| 2022 | VND 222B | 5,344 | 82.3% |
| 2021 | VND 136B | 3,283 | 56.3% |
| 2020 | VND 137B | 3,305 | 70.0% |
| 2019 | VND 141B | 3,406 | 92.0% |
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: 2:1 on Jul 21, 2026.
Who owns Traphaco JSC
- Insiders 22.28%
- Institutions 20.41%
- Public & others 57.31%
- Shares outstanding 82.9M
- Free float 20.1M
Traphaco JSC company profile
- Company name
- Traphaco JSC
- Ticker
- TRA.VN
- ISIN
- VN000000TRA8
- Exchange
- Vietnam Stocks
- Sector
- Healthcare
- Industry
- Drug Manufacturers - Specialty & Generic
- Employees
- 1,546
- Fiscal year end
- December
- Address
- 75 Yen Ninh street, Hanoi, Vietnam
- Phone
- 84 1 800 6612
- Website
- traphaco.com.vn
About Traphaco JSC
Traphaco Joint Stock Company, together with its subsidiaries, produces and trades in pharmaceutical products, chemicals, and medical supplies and equipment in Vietnam. The company offers medical supplies; antipyretics; medicines for the hair, eyes, central neutral system, respiratory system, and liver; and other products. It is also involved in the production of medicines to treat human diseases, nutritional food products, and medicines derived from medicinal herbs; trading in medicines, pharmaceuticals, vaccines-biological products, chemicals, and nutritional food products; planting of medicinal materials; and processing of medicinal herbs. Further, it plants and processes pharmaceutical materials, and agriculture and forestry products, as well as food supplements, cosmetics, and chemicals. The company was formerly known as Pharmaceutical and Medical Material and Equipments Joint Stock Company and changed its name to Traphaco Joint Stock Company in July 2001. Traphaco Joint Stock Company was founded in 1972 and is headquartered in Hanoi, Vietnam.
Traphaco JSC management
8- Ms. Ha Thuy DaoCEO, COO, Deputy General Director, Member of Executive Board & Director · born 1975
- Mr. Khanh Phu NguyenDeputy General Director for Finance & Planning and Director · born 1981
- Mr. Van Huy Nguyen MSc.Chief R&D Officer, Deputy General Director and Member of Executive Board · born 1967
- Mr. Dong Hyu KimChief of ETC & BD Officer, Deputy General Director, Member of Executive Board & Executive Director · born 1981
- Ms. Phuong Thi Anh TranChief of OTC Sale Officer, Deputy General Director & Member of Executive Board
- Mr. Kien Trung DinhChief Accountant · born 1973
- Mr. Pham Thai SonChief Governance Officer
- Mr. Vinh Ngoc NguyenHead of the Branch