22.200
−1,33%
2026-10-19
Fundamental Analysis
74 / 100Rubric: Real estate
| Quarterly results | Relative Valuation | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Criterion | Inv/Equity | Inv turn | Adv/Inv | Adv/Debt | Adv YoY | Cash/Debt | Current | ST/Debt | CFO yrs+ | CFO/Debt | Recv/Adv | P/B vs 20q | P/E vs 20q | Revenue (bn) | Rev YoY | NPAT (bn) | NPAT YoY | P/B | 5-Year Average P/B | P/B vs. 5-Year Average |
| Value | 125.5% | 1.4% | 43.8% | 13933.2% | 2941.8% | 314.9% | 2.31× | 100.0% | 2/3 yrs | 931.8% | 2.9% | 87.9% | 91.1% | 57,0 | −65,1% | 31,4 | +27,3% | 2.03 | 2.42 | −16,0% |
| Pts | 4 / 6 | 0 / 8 | 10 / 10 | 8 / 8 | 8 / 8 | 10 / 10 | 6 / 6 | 0 / 8 | 4 / 6 | 8 / 8 | 8 / 8 | 4 / 8 | 4 / 6 | |||||||
Scored on the real-estate rubric — land bank, customer advances and cash flow, not the manufacturing criteria.
Financial charts
1.Revenue & growth
VND bn57,0Q2/26
1.Revenue & growth
VND bn57,0Q2/26
2.Profit & growth
VND bn31,4Q2/26
3.Profit mix (Penman)
VND bn112Q2/26
4.Margins & cost structure
%51.8%Q2/26
5.Returns & cash cycle
% · days0.2%Q2/26
Outlier warning: 6 period(s) outside -1.825…1.825 days, drawn at the limit
6.Earnings quality & cash
VND bn280Q2/26
7.Asset structure
VND bn12.280Q2/26
8.Funding & debt health
VND bn · times12.280Q2/26
9.Revenue backlog
VND bn4.208Q2/26
10.Valuation
times · %184,0×Q2/26
11.EPS growth & dilution warning (CANSLIM)
VND per share; growth in %46Q2/26
Adjusted EPS growth, latest quarter
24.5%
Average adjusted EPS growth, 3 quarters
-50.1%
Quarters at 25%+ growth
0/3
Share dilution rate, 1 year
2.2%
Source: vnstockData through Q2/26