VOS.VN Vietnam Ocean Shipping JSC
- Market cap
- VND 1.55T
- P/E
- 4.1x
- P/B
- 0.80x
- ROE
- 4.7%
- Dividend yield
- 9.86%
- Fundamental score
- 3.0/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is VOS.VN undervalued?
Graham numberVOS.VN trades 62.0% 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 Ocean Shipping JSC fundamental analysis
14 of 22 checks passedROE 0/2
Low return on equity (4.7%), below 10%.
ROA 0/1
Return on assets (2.4%) is below the industry median (10.2%).
Profit Consistency 2/2
Profitable for 5 consecutive years.
Earnings Growth 5Y 1/1
Earnings per share grew over the past 5 years.
Earnings Acceleration 0/1
Not enough positive earnings history to compare last year's growth with the 5-year average.
Earnings Growth vs Industry 0/1
Last year's EPS growth (-9.1%) is below the industry median (-1.1%).
Revenue Growth 1/2
Revenue grew 8.6% 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 (28.3%), 40% or less.
Debt Trend 0/1
Debt to equity history is shorter than 5 years.
Debt Coverage 1/1
Operating cash flow covers 20% of total debt.
Interest Coverage 0/1
EBIT is 3.7x against interest expense, below 5x.
PE vs Market 1/1
PE (4.2x) is below the market median (11.2x).
PE vs Industry 1/1
PE (4.2x) is below the industry median (10.7x).
PBV 1/1
Price to book (0.8x) is below the industry median (1.5x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 3.4, limit 22.5).
PEG 0/1
PEG needs positive PE and positive 5-year earnings growth.
Dividend Yield 2/2
Dividend yield (9.9%) 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 50.1%, 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 Ocean Shipping JSC stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Vietnam Ocean Shipping JSC
Vietnam Ocean Shipping Joint Stock Company owns, operates, and manages ships in Vietnam and internationally. It operates in shipping transportation, marine services, agent of materials and equipment, spare parts, lubricants, chemicals, and paints business lines. The company's fleet is comprised of general cargo, bulk carriers, product tankers, dry cargo vessels, product tankers, and container vessels trading worldwide. The company was founded in 1970 and is headquartered in …
Full company profileVietnam Ocean Shipping 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 Ocean Shipping JSC annual financial statements (VND; K = thousand, M = million, B = billion, T = trillion)
| Item | 2013 | 2014 | 2015 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | - | - | - | 1.38T | 1.28T | 1.42T | 2.42T | 3.19T | 5.58T | 3.10T | 3.26T |
| Gross Profit | - | - | - | -26.0B | -33.6B | 457B | 738B | 182B | 127B | 191B | 283B |
| Operating Income | - | - | - | -147B | -149B | 334B | 553B | 46.3B | -33.3B | 41.6B | 136B |
| EBITDA | - | - | - | 482B | -64.4B | 916B | 974B | 511B | 881B | 740B | 439B |
| Net Income | - | - | - | 1.51B | -186B | 523B | 488B | 155B | 335B | 305B | 94.1B |
| EPS | - | - | - | 11 | -1,328 | 3,736 | 3,485 | 1,110 | 2,395 | 2,177 | 672 |
| Balance Sheet | |||||||||||
| Total Assets | - | - | - | 3.12T | 2.81T | 2.78T | 2.68T | 2.72T | 2.89T | 3.91T | 3.91T |
| Total Liabilities | - | - | - | 2.41T | 2.29T | 1.74T | 1.15T | 1.04T | 902B | 1.79T | 1.90T |
| Shareholders' Equity | - | - | - | 708B | 520B | 1.04T | 1.53T | 1.67T | 1.99T | 2.12T | 2.00T |
| Cash & Short-term Investments | - | - | - | 78.5B | 53.0B | 103B | 34.8B | 260B | 494B | 769B | 578B |
| Cash Flow | |||||||||||
| Operating Cash Flow | 168B | 134B | 253B | 198B | 35.1B | 709B | 563B | 365B | 68.5B | -130B | 333B |
| Capital Expenditure | 284B | 4.81B | 5.36B | 9.65B | 6.00B | 12.9B | 19.8B | 13.9B | 111B | 1.29T | 31.2B |
| Free Cash Flow | - | - | - | 189B | 29.1B | 696B | 543B | 351B | -42.9B | -1.42T | 302B |
| Ratios | |||||||||||
| ROE | - | - | - | 0.2% | -35.7% | 50.2% | 31.9% | 9.3% | 16.9% | 14.4% | 4.7% |
| ROA | - | - | - | 0.0% | -6.6% | 18.8% | 18.2% | 5.7% | 11.6% | 7.8% | 2.4% |
| Net Profit Margin | - | - | - | 0.1% | -14.5% | 36.7% | 20.2% | 4.9% | 6.0% | 9.8% | 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.
Vietnam Ocean Shipping JSC dividends
- Dividend yield
- 9.86%
- Forward dividend
- 900.00 VND
- Payout ratio
- 50.1%
- Ex-dividend date
- Oct 1, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | VND 153B | 1,090 | 50.1% |
| 2024 | - | - | - |
| 2023 | VND 24.4M | 0.17 | 0.0% |
| 2022 | VND 6.89M | 0.05 | 0.0% |
| 2021 | VND 56.4M | 0.40 | 0.0% |
| 2020 | VND 2.04M | 0.01 | - |
| 2019 | - | - | - |
| 2017 | - | - | - |
| 2015 | VND 1.23B | - | - |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Who owns Vietnam Ocean Shipping JSC
- Insiders 51.13%
- Institutions 0.00%
- Public & others 48.87%
- Shares outstanding 140M
- Free float 68.6M
Vietnam Ocean Shipping JSC company profile
- Company name
- Vietnam Ocean Shipping JSC
- Ticker
- VOS.VN
- ISIN
- VN000000VOS3
- Exchange
- Vietnam Stocks
- Sector
- Industrials
- Industry
- Marine Shipping
- Employees
- 667
- Fiscal year end
- December
- Address
- No. 215 Lach Tray, Hai Phong, Vietnam
- Phone
- 84 225 3731
- Website
- vosco.vn
About Vietnam Ocean Shipping JSC
Vietnam Ocean Shipping Joint Stock Company owns, operates, and manages ships in Vietnam and internationally. It operates in shipping transportation, marine services, agent of materials and equipment, spare parts, lubricants, chemicals, and paints business lines. The company's fleet is comprised of general cargo, bulk carriers, product tankers, dry cargo vessels, product tankers, and container vessels trading worldwide. The company was founded in 1970 and is headquartered in Hai Phong, Vietnam.
Vietnam Ocean Shipping JSC management
6- Mr. Minh Quang NguyenGeneral Director, Member of the Board of Management & Director
- Mr. Truong Hong DangDeputy General Director & Member of the Board of Management
- Mr. Hung Huu HoangDeputy General Director & Member of the Board of Management
- Mr. Dang Van TranDeputy General Director & Member of the Board of Management
- Mr. Nguyen Ba TruongChief Accountant & Head of Accounting Department
- Mr. Tho Truong VuManager of General & Planning Department