VDS.VN Viet Dragon Securities Corp
- Market cap
- VND 2.56T
- P/E
- 10.0x
- P/B
- 0.94x
- ROE
- 0.5%
- Dividend yield
- -
- Fundamental score
- 2.3/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is VDS.VN undervalued?
Graham numberVDS.VN trades 35.4% 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?
Viet Dragon Securities Corp fundamental analysis
9 of 18 checks passedROE 0/2
Low return on equity (0.5%), below 10%.
ROA 0/1
Return on assets (0.2%) is below the industry median (2.2%).
Profit Consistency 1/2
Profitable for 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 (-4.0%) is not above the 5-year average (7.3% a year).
Earnings Growth vs Industry 0/1
Last year's EPS growth (-4.0%) is below the industry median (17.7%).
Revenue Growth 2/2
Revenue grew 19.0% a year over the past 3 years.
Leverage 2/2
Total assets are 2.7x equity, within a prudent level for a financial company.
Equity Growth 1/1
Shareholders' equity grew over the past 5 years.
PE vs Market 1/1
PE (10.1x) is below the market median (11.2x).
PE vs Industry 1/1
PE (10.1x) is below the industry median (14.9x).
PBV 1/1
Price to book (1.0x) is below the industry median (1.3x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 9.8, limit 22.5).
PEG 0/1
PEG on 5-year earnings growth is 1.39, 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
Viet Dragon Securities Corp stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Viet Dragon Securities Corp
Viet Dragon Securities Corporation, together with its subsidiary, Viet Dragon Asset Management Corporation, provides brokerage, securities trading, finance and investment advisory, underwriting, securities custodian, and derivatives services. It operates through Proprietary Activities; Brokerage and Securities Services; Investment Banking; and Others segments. The company offers securities brokerages, securities investment advisory services, and margin custodian services; an…
Full company profileViet Dragon Securities 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.
Viet Dragon Securities 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 | - | 192B | 749B | 363B | 326B | 537B | 611B | 555B |
| Gross Profit | - | 49.5B | 436B | 72.2B | 67.1B | 276B | 332B | 292B |
| Operating Income | - | 98.2B | 405B | -270B | 285B | 232B | 222B | -143B |
| EBITDA | - | - | - | 92.3B | 634B | 657B | 671B | 403B |
| Net Income | - | 150B | 426B | -109B | 328B | 290B | 283B | 16.0B |
| EPS | - | 733 | 2,027 | -517 | 1,272 | 1,084 | 1,041 | 59 |
| Balance Sheet | ||||||||
| Total Assets | - | 2.57T | 4.03T | 4.25T | 5.32T | 6.39T | 8.12T | 7.91T |
| Total Liabilities | - | 1.40T | 2.39T | 2.17T | 2.90T | 3.59T | 5.02T | 4.89T |
| Shareholders' Equity | - | 1.17T | 1.62T | 2.06T | 2.38T | 2.76T | 3.03T | 2.96T |
| Cash & Short-term Investments | - | 582B | 474B | 552B | 870B | 1.21T | 997B | 802B |
| Cash Flow | ||||||||
| Operating Cash Flow | 42.1B | 79.4B | -984B | -317B | -212B | -514B | -850B | -5.24B |
| Capital Expenditure | 5.79B | 6.61B | 24.6B | 38.2B | 17.2B | 35.1B | 10.4B | 2.12B |
| Free Cash Flow | - | 72.7B | -1.01T | -355B | -229B | -549B | -861B | -7.36B |
| Ratios | ||||||||
| ROE | - | 12.9% | 26.3% | -5.3% | 13.8% | 10.5% | 9.3% | 0.5% |
| ROA | - | 5.8% | 10.6% | -2.6% | 6.2% | 4.5% | 3.5% | 0.2% |
| Net Profit Margin | - | 78.3% | 56.8% | -29.9% | 100.5% | 53.9% | 46.3% | 2.9% |
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.
Viet Dragon Securities Corp dividends
- Dividend yield
- -
- Forward dividend
- -
- Payout ratio
- -
- Ex-dividend date
- Jan 18, 2021
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | - | - | - |
| 2024 | - | - | - |
| 2023 | - | - | - |
| 2022 | VND 32.3M | 0.15 | - |
| 2021 | VND 30.3B | 144 | 7.1% |
| 2020 | VND 33.1B | 161 | 22.0% |
| 2019 | VND 66.7B | - | - |
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: 11:10 on Oct 30, 2026.
Who owns Viet Dragon Securities Corp
- Insiders 59.73%
- Institutions 0.01%
- Public & others 40.26%
- Shares outstanding 272M
- Free float 85.5M
Viet Dragon Securities Corp company profile
- Company name
- Viet Dragon Securities Corp
- Ticker
- VDS.VN
- ISIN
- VN000000VDS6
- Exchange
- Vietnam Stocks
- Sector
- Financial Services
- Industry
- Capital Markets
- Employees
- 443
- Fiscal year end
- December
- Address
- Viet Dragon Tower, Ho Chi Minh City, Vietnam
- Phone
- 84 28 6299 2006
- Website
- vdsc.com.vn
About Viet Dragon Securities Corp
Viet Dragon Securities Corporation, together with its subsidiary, Viet Dragon Asset Management Corporation, provides brokerage, securities trading, finance and investment advisory, underwriting, securities custodian, and derivatives services. It operates through Proprietary Activities; Brokerage and Securities Services; Investment Banking; and Others segments. The company offers securities brokerages, securities investment advisory services, and margin custodian services; and corporate financial advisory, M&A consultancy, and other consultancy services. It also provides underlying securities, covered warrant, corporate bond, and fund certificate distribution services; financial services and other value-added services; and equity capital and debt capital market, merger and acquisition, and corporate finance advisory services, as well as online services. In addition, the company establishes and manages securities investment funds and securities investment companies; and manages securities portfolios. It serves individual, institutional, and corporate clients in Vietnam. Viet Dragon Securities Corporation was incorporated in 2006 and is headquartered in Ho Chi Minh City, Vietnam.
Viet Dragon Securities Corp management
10- Ms. Huyen Thi Thu NguyenGeneral Director, Chairman of Management Board & Director · born 1979
- Mr. Hien Minh LeCFO, Deputy General Director & Member of Management Board · born 1977
- Mr. Hai Hac NguyenMD of Investment Division & Member of Management Board · born 1982
- Mr. Hung Vuong LeMember of Management Board
- Ms. Phuong Ngoc Van NguyenMD (in charge) of Operations Supporting Div., Chief Personnel Officer & Member of Management Board · born 1981
- Mr. Thanh Phong PhamDirector of Individual Client Division & Member of Management Board
- Mr. Tien Tan PhamMD of Investment Banking Division & Member of Management Board · born 1984
- Ms. Hang Thi Thu TruongDirector of Securities Services Division & Member of Management Board
- Ms. Chi Kim DuongChief Accountant & Member of Management Board · born 1981
- Mr. Quan Trung NguyenMember of Supervisory Board & Legal Manager · born 1981