VHM.VN Vinhomes JSC

Real Estate Real Estate - Development Vietnam Stocks
60,400 VND
Close of Oct 29, 2026
41,841 83,441
Market cap
VND 496T
P/E
6.4x
P/B
2.01x
ROE
37.1%
Dividend yield
0.23%
Fundamental score
3.6/5

Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.

Is VHM.VN undervalued?

Graham number
Price60,400
Graham value79,800
Discount24.3%

VHM.VN trades 24.3% 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?

Vinhomes JSC fundamental analysis

17 of 22 checks passed

ROE 2/2

High return on equity (37.1%), above 20%.

ROA 1/1

Return on assets (8.7%) is above the industry median (1.4%).

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 (31.7%) is above the 5-year average (9.8% a year).

Earnings Growth vs Industry 0/1

Last year's EPS growth (31.7%) is below the industry median (66.4%).

Revenue Growth 2/2

Revenue grew 34.9% 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 1/2

Moderate debt to equity (58.6%), up to 100%.

Debt Trend 0/1

Debt to equity has risen over the past 5 years.

Debt Coverage 1/1

Operating cash flow covers 20% of total debt.

Interest Coverage 1/1

EBIT is 10.7x against interest expense, well covered.

PE vs Market 1/1

PE (6.4x) is below the market median (11.2x).

PE vs Industry 1/1

PE (6.4x) is below the industry median (13.2x).

PBV 0/1

Price to book (2.0x) is above the industry median (0.9x).

Graham Number 1/1

The price is below the Graham number (PE x PB = 12.9, limit 22.5).

PEG 1/1

PEG on 5-year earnings growth is 0.66, growth is cheap.

Dividend Yield 0/2

Dividend yield (0.2%) is in 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 2.7%, 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

Vinhomes JSC stock price

Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.

About Vinhomes JSC

Vinhomes Joint Stock Company develops and sells real estate properties in Vietnam. The company also leases office properties. In addition, it provides real estate management and related services; general contractor; consulting and designing construction; and supervision and construction management services. The company was formerly known as Hanoi Southern City Development Joint Stock Company and changed its name to Vinhomes Joint Stock Company in February 2018. The company w…

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