VHC.VN Vinh Hoan Corp
- Market cap
- VND 10.7T
- P/E
- 8.0x
- P/B
- 1.14x
- ROE
- 15.7%
- Dividend yield
- 4.20%
- Fundamental score
- 2.7/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is VHC.VN undervalued?
Graham numberVHC.VN trades 36.5% 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?
Vinh Hoan Corp fundamental analysis
14 of 22 checks passedROE 1/2
Moderate return on equity (15.7%), between 10% and 20%.
ROA 0/1
Return on assets (10.8%) is below the industry median (10.8%).
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 (15.7%) is above the 5-year average (9.8% a year).
Earnings Growth vs Industry 0/1
Last year's EPS growth (15.7%) is below the industry median (15.7%).
Revenue Growth 0/2
Revenue shrank 3.1% 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 19.3x against interest expense, well covered.
PE vs Market 1/1
PE (8.1x) is below the market median (11.2x).
PE vs Industry 1/1
PE (8.1x) is below the industry median (8.3x).
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 = 9.3, limit 22.5).
PEG 1/1
PEG on 5-year earnings growth is 0.82, growth is cheap.
Dividend Yield 1/2
Dividend yield (4.2%) 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 31.6%, 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
Vinh Hoan Corp stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Vinh Hoan Corp
Vinh Hoan Corporation, together with its subsidiaries, engages in the farming and processing of frozen pangasius products in Vietnam and internationally. It offers pangasius products, including portions, loins, fillets, strips, rolls, and cubes; marinated fish skewers and breaded fish products; fish powder and fins; shrimp chips; noodles and rice paper; drinking water; fully cooked and ready-to-eat fish products; and surimi products, such as fish tofu, crab chunk, crabsticks…
Full company profileVinh Hoan 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.
Vinh Hoan 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 | 7.87T | 7.04T | 9.05T | 13.2T | 10.0T | 12.5T | 12.0T | 12.8T |
| Gross Profit | 1.53T | 1.01T | 1.76T | 2.98T | 1.49T | 1.90T | 2.04T | 2.28T |
| Operating Income | 1.13T | 695B | 1.20T | 2.18T | 1.05T | 1.29T | 1.55T | 1.73T |
| EBITDA | 1.53T | 1.04T | 1.60T | 2.75T | 1.68T | 2.01T | 2.29T | 2.42T |
| Net Income | 1.18T | 719B | 1.10T | 1.98T | 919B | 1.23T | 1.42T | 1.47T |
| EPS | 6,481 | 3,953 | 6,040 | 10,856 | 4,127 | 5,463 | 6,319 | 7,021 |
| Balance Sheet | ||||||||
| Total Assets | 6.61T | 7.20T | 8.74T | 11.6T | 11.9T | 12.2T | 13.4T | 13.6T |
| Total Liabilities | 1.74T | 2.03T | 2.85T | 3.89T | 3.35T | 3.24T | 3.43T | 3.76T |
| Shareholders' Equity | 4.88T | 5.17T | 5.78T | 7.52T | 8.35T | 8.68T | 9.56T | 9.38T |
| Cash & Short-term Investments | 86.4B | 40.8B | 195B | 553B | 233B | 570B | 2.01T | 1.50T |
| Cash Flow | ||||||||
| Operating Cash Flow | 1.49T | 392B | 332B | 1.20T | 775B | 2.07T | 2.41T | -442B |
| Capital Expenditure | 378B | 554B | 588B | 1.11T | 738B | 678B | 411B | 932B |
| Free Cash Flow | 1.11T | -162B | -256B | 473B | 37.7B | 1.40T | 2.00T | -1.37T |
| Ratios | ||||||||
| ROE | 24.2% | 13.9% | 19.0% | 26.3% | 11.0% | 14.1% | 14.8% | 15.7% |
| ROA | 17.8% | 10.0% | 12.6% | 17.1% | 7.7% | 10.0% | 10.6% | 10.8% |
| Net Profit Margin | 15.0% | 10.2% | 12.1% | 14.9% | 9.2% | 9.8% | 11.8% | 11.5% |
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.
Vinh Hoan Corp dividends
- Dividend yield
- 4.20%
- Forward dividend
- -
- Payout ratio
- 31.6%
- Ex-dividend date
- Sep 29, 2025
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | VND 449B | 2,000 | 31.6% |
| 2024 | VND 898B | 4,000 | 73.2% |
| 2023 | - | - | - |
| 2022 | VND 367B | 2,016 | 18.6% |
| 2021 | - | - | - |
| 2020 | VND 364B | 2,000 | 50.6% |
| 2019 | VND 185B | 1,017 | 15.7% |
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: 120:100 on Jan 4, 2024.
Who owns Vinh Hoan Corp
- Insiders 55.85%
- Institutions 7.67%
- Public & others 36.48%
- Shares outstanding 209M
- Free float 204M
Vinh Hoan Corp company profile
- Company name
- Vinh Hoan Corp
- Ticker
- VHC.VN
- ISIN
- VN000000VHC1
- Exchange
- Vietnam Stocks
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- Fiscal year end
- December
- Address
- National Road 30, Cao Lanh, Vietnam
- Phone
- 84 277 389 1166
- Website
- vinhhoan.com
About Vinh Hoan Corp
Vinh Hoan Corporation, together with its subsidiaries, engages in the farming and processing of frozen pangasius products in Vietnam and internationally. It offers pangasius products, including portions, loins, fillets, strips, rolls, and cubes; marinated fish skewers and breaded fish products; fish powder and fins; shrimp chips; noodles and rice paper; drinking water; fully cooked and ready-to-eat fish products; and surimi products, such as fish tofu, crab chunk, crabsticks, and lucky bags, as well as barramundi, rolled shrimp, scallops, and salmon. The company also provides freeze-dried fruits; and frozen fruits and vegetables, such as dragon fruit, mango, melon, and corn. In addition, it offers collagen peptide used in nutraceuticals and cosmeceuticals; and gelatin used in confectionery, dairy, meat industry, desserts, soft capsules, and tablets. Further, the company invests in companies for aquaculture and agriculture technology; provides livestock and aquatic feeds, oil and fat, and vegetable juice; trades in raw agricultural products and preprocessing materials, aquatic products and related husbandry products, chemicals, machines, equipment, and supplies; processing and preserving of aquatic products, fruits, and vegetables; and engages in fish hatchery and inland aquaculture activities. It exports its products. Vinh Hoan Corporation was founded in 1997 and is headquartered in Cao Lãnh, Vietnam.
Vinh Hoan Corp management
10- Madam Khanh Thi Le TruongFounder & Chairwoman Of The Board · born 1961
- Ms. Tam Ngo Vi NguyenCEO, General Director, Board Member & Member of Board of Management · born 1979
- Ms. Dao Thi Kim NguyenCFO, Director of Finance, Member of Board of Management & Board Member · born 1979
- Ms. Hoa Tuyet TruongHead of Sales - Seafood, Member of Board of Management & Board Member · born 1976
- Ms. Nhung Thi Phuong Thuy Hong HaFounder & Chief Accountant
- Mr. Trung Duc HuynhChief Safety Officer & Member of Board of Management · born 1963
- Ms. Hue Thanh HoChief Vinh Foods Officer, Chief Manufacturing Officer & Member of the Board of Management · born 1982
- Ms. Thu Thi-Hoang TranHead of Sales ? Vinh Wellness & Vinh Agri & Member of Management Board · born 1985
- Nguyet Thi Nhu HoHead of Human Resource Department
- Mr. Vinh Quang NguyenChief Vinh Aqua Officer & Member of Supervisory Board · born 1979