VIX.VN VIX Securities JSC
- Market cap
- VND 31.8T
- P/E
- 14.3x
- P/B
- 0.97x
- ROE
- 1.6%
- Dividend yield
- -
- Fundamental score
- 2.9/5
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is VIX.VN undervalued?
Graham numberVIX.VN trades 21.2% 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?
VIX Securities JSC fundamental analysis
11 of 18 checks passedROE 0/2
Low return on equity (1.6%), below 10%.
ROA 0/1
Return on assets (1.3%) is below the industry median (2.2%).
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 1/1
Last year's EPS growth (715.6%) is above the 5-year average (32.2% a year).
Earnings Growth vs Industry 1/1
Last year's EPS growth (715.6%) is above the industry median (17.7%).
Revenue Growth 2/2
Revenue grew 71.5% a year over the past 3 years.
Leverage 2/2
Total assets are 1.2x equity, within a prudent level for a financial company.
Equity Growth 1/1
Shareholders' equity grew over the past 5 years.
PE vs Market 0/1
PE (14.3x) is above the market median (11.2x).
PE vs Industry 1/1
PE (14.3x) 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 = 14.0, limit 22.5).
PEG 1/1
PEG on 5-year earnings growth is 0.44, growth is cheap.
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
VIX Securities JSC stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About VIX Securities JSC
VIX Securities Joint Stock Company provides stock brokerage, securities trading, underwriting for securities issues, and investment advisory services in Vietnam. It also provides finance, securities depository, and corporate finance consulting services. The company was formerly known as IB Securities Joint Stock Company and changed its name to VIX Securities Joint Stock Company in October 2020. VIX Securities Joint Stock Company was founded in 2007 and is headquartered in Ha…
Full company profileVIX Securities JSC financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
VIX Securities JSC annual financial statements (VND; K = thousand, M = million, B = billion, T = trillion)
| Item | 2011 | 2012 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | - | - | - | 283B | 250B | 1.01T | 496B | 697B | 482B | 2.50T | 980B |
| Gross Profit | - | - | - | 245B | 215B | 888B | 392B | 620B | 370B | 2.34T | 850B |
| Operating Income | - | - | - | 182B | 365B | 770B | 221B | 945B | 400B | 6.03T | 101B |
| EBITDA | - | - | - | 188B | 416B | 921B | 415B | 1.20T | 903B | 7.11T | 1.04T |
| Net Income | - | - | - | 116B | 328B | 736B | 312B | 966B | 663B | 5.41T | 517B |
| EPS | - | - | - | - | 703 | 1,167 | 259 | 806 | 348 | 2,841 | 201 |
| Balance Sheet | |||||||||||
| Total Assets | - | - | - | 1.77T | 2.11T | 4.73T | 8.15T | 9.09T | 19.6T | 34.2T | 39.9T |
| Total Liabilities | - | - | - | 346B | 366B | 968B | 285B | 257B | 3.56T | 12.7T | 6.99T |
| Shareholders' Equity | - | - | - | 1.42T | 1.75T | 3.76T | 7.86T | 8.83T | 16.0T | 21.5T | 32.9T |
| Cash & Short-term Investments | - | - | - | 152B | 55.6B | 80.4B | 1.35T | 140B | 694B | 2.05T | 2.26T |
| Cash Flow | |||||||||||
| Operating Cash Flow | -10.6B | -16.5B | 1.44B | 22.4B | -96.1B | -1.82T | -1.67T | -1.19T | -8.84T | -6.97T | -6.84T |
| Capital Expenditure | 6.52B | 0.00 | 0.00 | 0.00 | 1.47B | 996M | 2.02B | 23.9B | 10.5B | 15.5B | 4.10B |
| Free Cash Flow | - | - | - | 22.4B | -97.6B | -1.82T | -1.67T | -1.21T | -8.85T | -6.98T | -6.84T |
| Ratios | |||||||||||
| ROE | - | - | - | 8.2% | 18.8% | 19.6% | 4.0% | 10.9% | 4.1% | 25.2% | 1.6% |
| ROA | - | - | - | 6.6% | 15.5% | 15.6% | 3.8% | 10.6% | 3.4% | 15.8% | 1.3% |
| Net Profit Margin | - | - | - | 41.1% | 131.3% | 72.8% | 63.0% | 138.8% | 137.7% | 216.4% | 52.8% |
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.
VIX Securities JSC dividends
- Dividend yield
- -
- Forward dividend
- -
- Payout ratio
- -
- Ex-dividend date
- Jul 19, 2022
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | - | - | - |
| 2024 | - | - | - |
| 2023 | - | - | - |
| 2022 | VND 330B | 274 | 105.6% |
| 2021 | - | - | - |
| 2020 | - | - | - |
| 2019 | - | - | - |
| 2018 | VND 36.8B | - | - |
| 2012 | VND 29.9B | - | - |
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: 21:20 on Aug 20, 2026.
Who owns VIX Securities JSC
- Insiders 0.19%
- Institutions 6.44%
- Public & others 93.38%
- Shares outstanding 2.57B
- Free float 2.62B
VIX Securities JSC company profile
- Company name
- VIX Securities JSC
- Ticker
- VIX.VN
- ISIN
- VN000000VIX5
- Exchange
- Vietnam Stocks
- Sector
- Financial Services
- Industry
- Capital Markets
- Employees
- 79
- Fiscal year end
- December
- Address
- No. 52 Le Dai Hanh Street, Hanoi, Vietnam
- Phone
- 84 24 4456 8888
- Website
- vixs.vn
About VIX Securities JSC
VIX Securities Joint Stock Company provides stock brokerage, securities trading, underwriting for securities issues, and investment advisory services in Vietnam. It also provides finance, securities depository, and corporate finance consulting services. The company was formerly known as IB Securities Joint Stock Company and changed its name to VIX Securities Joint Stock Company in October 2020. VIX Securities Joint Stock Company was founded in 2007 and is headquartered in Hanoi, Vietnam.
VIX Securities JSC management
6- Mr. Nguyen Tuan DungCEO & Director · born 1977
- Mr. Do Ngoc DinhDeputy General Director & Director
- Ms. Hang Thi Thu NguyenChief Accountant
- Ms. Bich Diep NguyenHead of Corporate Consulting & Stock Issuance Underwriting Department
- Ms. Oanh Thi Kim DuongHead of Internal Control Department
- Ms. Loan Thanh NguyenDeputy Head of Information Technology Department