VCG.VN Vietnam Construction and Import Export JSC
- Market cap
- VND 11.5T
- P/E
- 2.6x
- P/B
- 1.04x
- ROE
- 9.5%
- Dividend yield
- 4.91%
- Fundamental score
- 3.6/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is VCG.VN undervalued?
Graham numberVCG.VN trades 65.2% 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?
Vietnam Construction and Import Export JSC fundamental analysis
17 of 22 checks passedROE 0/2
Low return on equity (9.5%), below 10%.
ROA 1/1
Return on assets (3.9%) is above the industry median (3.0%).
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 1/1
Last year's EPS growth (327.2%) is above the 5-year average (9.3% a year).
Earnings Growth vs Industry 1/1
Last year's EPS growth (327.2%) is above the industry median (46.0%).
Revenue Growth 2/2
Revenue grew 23.9% 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 (13.7%), 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 4.1x against interest expense, below 5x.
PE vs Market 1/1
PE (2.6x) is below the market median (11.2x).
PE vs Industry 1/1
PE (2.6x) is below the industry median (11.8x).
PBV 0/1
Price to book (1.0x) is above the industry median (1.0x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 2.7, limit 22.5).
PEG 1/1
PEG on 5-year earnings growth is 0.28, growth is cheap.
Dividend Yield 1/2
Dividend yield (4.9%) 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 15.4%, 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
Vietnam Construction and Import Export JSC stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Vietnam Construction and Import Export JSC
Vietnam Construction and Import-Export Joint Stock Corporation, together with its subsidiaries, engages in construction and property development activities in Vietnam and internationally. The company undertakes various projects, including civil, industrial, transport, airport, harbor, irrigational, underground, sport, leisure and entertainment, tourism, hotels, office buildings, schools, hospitals, post offices, technical infrastructure, residential and urban areas, industri…
Full company profileVietnam Construction and Import Export 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.
Vietnam Construction and Import Export 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 | 9.50T | 5.55T | 5.75T | 8.45T | 12.7T | 12.9T | 16.1T | 14.5T |
| Gross Profit | 1.29T | 836B | 829B | 917B | 1.18T | 1.98T | 2.27T | 1.57T |
| Operating Income | 845B | -731B | 655B | 637B | 1.17T | 1.54T | 1.59T | 733B |
| EBITDA | 1.54T | 2.63T | 1.48T | 2.02T | 1.73T | 2.17T | 5.58T | 2.03T |
| Net Income | 684B | 1.60T | 394B | 782B | 404B | 927B | 3.67T | 1.08T |
| EPS | 1,548 | 3,633 | 738 | 1,464 | 755 | 1,327 | 5,670 | 1,427 |
| Balance Sheet | ||||||||
| Total Assets | 19.3T | 19.6T | 31.0T | 32.0T | 30.7T | 29.4T | 31.5T | 27.9T |
| Total Liabilities | 11.6T | 12.4T | 23.3T | 22.1T | 20.5T | 18.3T | 19.0T | 15.5T |
| Shareholders' Equity | 6.80T | 6.36T | 6.62T | 6.86T | 7.25T | 8.16T | 11.6T | 11.4T |
| Cash & Short-term Investments | 1.34T | 2.00T | 2.81T | 1.71T | 2.33T | 2.47T | 2.35T | 1.73T |
| Cash Flow | ||||||||
| Operating Cash Flow | -1.49T | -25.2B | 394B | -1.64T | 3.65T | 1.65T | 2.84T | -2.63T |
| Capital Expenditure | 380B | 205B | 1.41T | 1.54T | 784B | 564B | 629B | 909B |
| Free Cash Flow | -1.87T | -230B | -1.01T | -3.23T | 2.86T | 1.08T | 2.21T | -3.54T |
| Ratios | ||||||||
| ROE | 10.1% | 25.2% | 6.0% | 11.4% | 5.6% | 11.4% | 31.6% | 9.5% |
| ROA | 3.5% | 8.2% | 1.3% | 2.4% | 1.3% | 3.1% | 11.6% | 3.9% |
| Net Profit Margin | 7.2% | 28.9% | 6.9% | 9.3% | 3.2% | 7.2% | 22.8% | 7.4% |
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.
Vietnam Construction and Import Export JSC dividends
- Dividend yield
- 4.91%
- Forward dividend
- 800.00 VND
- Payout ratio
- 15.4%
- Ex-dividend date
- Jul 14, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | VND 563B | 871 | 15.4% |
| 2024 | VND 70.5B | 101 | 7.6% |
| 2023 | VND 96.2B | 180 | 23.9% |
| 2022 | VND 589B | 1,102 | 75.3% |
| 2021 | VND 1.10T | 2,055 | 278.5% |
| 2020 | VND 159B | 359 | 9.9% |
| 2019 | VND 526B | 1,190 | 76.9% |
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: 108:100 on Jul 14, 2026.
Who owns Vietnam Construction and Import Export JSC
- Insiders 41.80%
- Institutions 1.38%
- Public & others 56.82%
- Shares outstanding 754M
- Free float 383M
Vietnam Construction and Import Export JSC company profile
- Company name
- Vietnam Construction and Import Export JSC
- Ticker
- VCG.VN
- ISIN
- VN000000VCG3
- Exchange
- Vietnam Stocks
- Sector
- Industrials
- Industry
- Engineering & Construction
- Employees
- 3,098
- Fiscal year end
- December
- Address
- VINACONEX Tower, Hanoi, Vietnam
- Phone
- 84 4 6284 9234
- Website
- vinaconex.com.vn
About Vietnam Construction and Import Export JSC
Vietnam Construction and Import-Export Joint Stock Corporation, together with its subsidiaries, engages in construction and property development activities in Vietnam and internationally. The company undertakes various projects, including civil, industrial, transport, airport, harbor, irrigational, underground, sport, leisure and entertainment, tourism, hotels, office buildings, schools, hospitals, post offices, technical infrastructure, residential and urban areas, industrial and export processing zones, high-tech parks, water supply and drainage, waste treatment and environmental works, hydro power, thermal power plants, transformer stations, roads, bridges, dams, and others. It also manufactures, processes, and trades in cement; stones; block bricks; safety glass; rubber seal, and plastic frames and doors; steel structures; pre-cast concrete structures; construction sand; commercial concrete; interior furniture; electricity; clean and purified water; water fittings; package and cement packs; wooden products; and agricultural and forest products. In addition, the company provides design consultancy services; man-power supply services; education and training services; and financial investment services. Additionally, the company engages in real estate business. The company was founded in 1988 and is headquartered in Hanoi, Vietnam. Vietnam Construction and Import-Export Joint Stock Corporation operates as a subsidiary of Pacific Holdings Investment Joint Stock Company.
Vietnam Construction and Import Export JSC management
10- Mr. Dong Xuan NguyenChairman, CEO, General Director & Member of the Executive Board · born 1966
- Mr. Mau Van DuongDeputy General Director & Member of Executive Board
- Mr. Toi Huu NguyenMember of Executive Board
- Mr. Hai Khac NguyenDeputy General Director & Member of the Executive Board
- Ms. Trang Thi Quynh NguyenDeputy General Director & Member of the Executive Board
- Mr. Dang Hai NguyenDeputy General Director, Member of the Executive Board & Director
- Mr. Huy Van LeDeputy General Director & Member of the Executive Board
- Mr. Tc Hul NguyenDeputy General Director & Member of the Executive Board
- Mr. Duong Thai PhamDeputy General Director & Member of the Executive Board
- Hong Thi Thuy NguyenChief Accountant