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Vietnam Dairy Products Joint Stock Company VNM.VN

VN · XSTC · XSTC · stock · Consumer Defensive · website

Vietnam Dairy Products Joint Stock Company statistics & valuation

Market cap₫114.74T
P / E12.2×
P / S1.8×
P / B3.7×
P / FCF16.6×
Net margin14.8%
FCF margin10.9%
Net debt₫7.66T
Earnings yield EBIT/EV8.7%
Return on capital30.7%
Graham number -33.6%₫36,478.19

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (₫36,478.19); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
14.20% 14.70% 15.20% 14.80% 2022202320242025
Gross margin (%)
39.90% 40.70% 41.40% 41.20% 2022202320242025
Operating margin (%)
16.70% 16.60% 17.30% 16.80% 2022202320242025
Return on equity (%)
28.50% 28.00% 29.10% 30.70% 2022202320242025
Shares outstanding
2.09B 2.09B 2.09B 2.09B 2022202320242025
Net debt (₫)
₫2.63T ₫5.54T ₫7.05T ₫7.66T 2022202320242025
Share buybacks (₫)
2022202320242025
Return on assets (%)
17.60% 16.80% 17.10% 17.70% 2022202320242025
Free cash flow margin (%)
12.30% 10.40% 12.90% 10.90% 2022202320242025
Debt / equity (×)
0.17× 0.27× 0.29× 0.31× 2022202320242025
EPS (₫)
₫3632.00 ₫3796.00 ₫4022.00 ₫4028.00 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Vietnam Dairy Products Joint Stock Company trades at about 13.6× earnings — below its 10-year norm (10-year range 15.5×–21.2×, median 17.7×).

13.6× 21.2×

Shaded band = 10-year range (15.5×–21.2×); dot = today's 13.6×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin41.2%41.4%40.7%39.9%
Operating margin16.8%17.3%16.6%16.7%
Net margin14.8%15.2%14.7%14.2%
FCF margin10.9%12.9%10.4%12.3%
Return on assets17.7%17.1%16.8%17.6%
Return on equity30.7%29.1%28.0%28.5%
Debt / equity0.00×0.00×0.01×0.00×
Current ratio1.962.032.102.06

Computed from company filings · VN · as of 2025-12-31. Figures in VND. Facts plus Stocktoria's own computed scores — not investment advice.