VIP.VN Vietnam Petroleum Transport JSC
- Market cap
- VND 676B
- P/E
- 12.5x
- P/B
- 0.57x
- ROE
- 4.9%
- Dividend yield
- 10.13%
- Fundamental score
- 2.9/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is VIP.VN undervalued?
Graham numberVIP.VN trades 43.9% 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 Petroleum Transport JSC fundamental analysis
13 of 22 checks passedROE 0/2
Low return on equity (4.9%), below 10%.
ROA 0/1
Return on assets (4.2%) is below the industry median (10.2%).
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 0/1
Last year's EPS growth (-7.6%) is not above the 5-year average (5.1% a year).
Earnings Growth vs Industry 0/1
Last year's EPS growth (-7.6%) is below the industry median (-1.1%).
Revenue Growth 0/2
Revenue shrank 11.5% 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 2/2
Low debt to equity (0.0%), 40% or less.
Debt Trend 1/1
Debt to equity has not risen over the past 5 years.
Debt Coverage 1/1
The company has no debt.
Interest Coverage 1/1
No interest expense reported.
PE vs Market 0/1
PE (12.5x) is above the market median (11.2x).
PE vs Industry 0/1
PE (12.5x) is above the industry median (10.7x).
PBV 1/1
Price to book (0.6x) is below the industry median (1.5x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 7.0, limit 22.5).
PEG 0/1
PEG on 5-year earnings growth is 2.45, above 1.
Dividend Yield 2/2
Dividend yield (10.1%) is in the top 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 79.8%, 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 Petroleum Transport JSC stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Vietnam Petroleum Transport JSC
Vietnam Petroleum Transport Joint Stock Company, together with its subsidiaries, engages in the transportation of petroleum products in Vietnam and internationally. It operates through three segments: Transportation, Trading, and Other Operations. The company offers coastal and ocean transport services; maritime services; shipping and sea transport agency; cargo counting; and ship cleaning, as well as warehousing and bonded warehouse services. It also provides crew leasing s…
Full company profileVietnam Petroleum Transport 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 Petroleum Transport JSC annual financial statements (VND; K = thousand, M = million, B = billion, T = trillion)
| Item | 2012 | 2013 | 2014 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | - | - | - | 630B | 517B | 681B | 876B | 550B | 570B | 607B | 650B |
| Gross Profit | - | - | - | 182B | 81.3B | 46.7B | 154B | 117B | 148B | 155B | 118B |
| Operating Income | - | - | - | 101B | 17.2B | -7.01B | 98.5B | 53.7B | 70.9B | 64.3B | 36.6B |
| EBITDA | - | - | - | 223B | 248B | 232B | 463B | 244B | 178B | 159B | 139B |
| Net Income | - | - | - | 130B | 64.1B | 10.5B | 248B | 86.9B | 92.9B | 85.8B | 60.2B |
| EPS | - | - | - | 1,989 | 978 | 153 | 3,615 | 1,270 | 1,357 | 1,253 | 879 |
| Balance Sheet | |||||||||||
| Total Assets | - | - | - | 1.44T | 1.60T | 1.47T | 1.46T | 1.43T | 1.39T | 1.41T | 1.45T |
| Total Liabilities | - | - | - | 352B | 498B | 389B | 163B | 153B | 109B | 132B | 222B |
| Shareholders' Equity | - | - | - | 1.09T | 1.10T | 1.08T | 1.30T | 1.27T | 1.28T | 1.28T | 1.22T |
| Cash & Short-term Investments | - | - | - | 175B | 130B | 101B | 132B | 103B | 65.4B | 68.3B | 93.3B |
| Cash Flow | |||||||||||
| Operating Cash Flow | 251B | 270B | 158B | 323B | 47.2B | 160B | 163B | 173B | 93.0B | 135B | 58.2B |
| Capital Expenditure | 76.2B | 30.7B | 29.3B | 2.71B | 373B | 4.04B | 1.02B | 42.0B | 1.43B | 6.95B | 53.4B |
| Free Cash Flow | - | - | - | 320B | -326B | 156B | 162B | 131B | 91.5B | 128B | 4.78B |
| Ratios | |||||||||||
| ROE | - | - | - | 12.0% | 5.8% | 1.0% | 19.1% | 6.8% | 7.2% | 6.7% | 4.9% |
| ROA | - | - | - | 9.1% | 4.0% | 0.7% | 17.0% | 6.1% | 6.7% | 6.1% | 4.2% |
| Net Profit Margin | - | - | - | 20.7% | 12.4% | 1.5% | 28.3% | 15.8% | 16.3% | 14.1% | 9.3% |
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 Petroleum Transport JSC dividends
- Dividend yield
- 10.13%
- Forward dividend
- 1,000.00 VND
- Payout ratio
- 79.8%
- Ex-dividend date
- Jun 29, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | VND 68.5B | 1,000 | 79.8% |
| 2024 | VND 68.5B | 1,000 | 73.7% |
| 2023 | VND 82.1B | 1,200 | 94.5% |
| 2022 | VND 34.3B | 500 | 13.8% |
| 2021 | VND 41.1B | 600 | 391.2% |
| 2020 | VND 32.7B | 500 | 51.1% |
| 2019 | VND 60.7B | 927 | 46.6% |
| 2014 | VND 17.9B | - | - |
| 2013 | VND 17.8B | - | - |
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: 107:100 on Jun 15, 2016.
Who owns Vietnam Petroleum Transport JSC
- Insiders 60.19%
- Institutions 7.42%
- Public & others 32.39%
- Shares outstanding 68.5M
- Free float 62.2M
Vietnam Petroleum Transport JSC company profile
- Company name
- Vietnam Petroleum Transport JSC
- Ticker
- VIP.VN
- ISIN
- VN000000VIP1
- Exchange
- Vietnam Stocks
- Sector
- Industrials
- Industry
- Marine Shipping
- Employees
- 406
- Fiscal year end
- December
- Address
- Lien Minh Maritime Building, Hai Phong, Vietnam
- Phone
- 84 22 5383 8680
- Website
- vipco.com.vn
About Vietnam Petroleum Transport JSC
Vietnam Petroleum Transport Joint Stock Company, together with its subsidiaries, engages in the transportation of petroleum products in Vietnam and internationally. It operates through three segments: Transportation, Trading, and Other Operations. The company offers coastal and ocean transport services; maritime services; shipping and sea transport agency; cargo counting; and ship cleaning, as well as warehousing and bonded warehouse services. It also provides crew leasing services; supplying ships; ship brokerage and towing; cargo handling at seaports; customs declarations; and trades in petroleum, liquefied gases, petrochemical products, and equipment using liquefied gases. The company was formerly known as Waterway Petroleum Transport Company I and changed its name to Vietnam Petroleum Transport Joint Stock Company in September 2005. Vietnam Petroleum Transport Joint Stock Company was founded in 1980 and is headquartered in Hai Phong, Vietnam. Vietnam Petroleum Transport Joint Stock Company is a subsidiary of Petrolimex Tanker Corporation.
Vietnam Petroleum Transport JSC management
8- Mr. Minh Quang NguyenGeneral Director, CEO & Director
- Mr. Hoa Duc BuiChief Accountant
- Mr. Dao Ngoc TrungDeputy Chief Executive Officer
- Mr. Le Duc BinhDeputy Chief Executive Officer
- Mr. Duc Dung LeDeputy Chief Executive Officer
- Mr. Tuan Minh BuiDeputy General Director
- Ms. Huong Thu Thi TaHead of Internal Audit Department
- Mr. Pham The LongSecretary