Dashboard
1
Poor Management Efficiency with a low ROCE of 6.68%
- The company has been able to generate a Return on Capital Employed (avg) of 6.68% signifying low profitability per unit of total capital (equity and debt)
2
Poor long term growth as Net Sales has grown by an annual rate of 18.75% and Operating profit at 1.81% over the last 5 years
3
Flat results in Mar 25
4
With ROE of 12.47%, it has a very attractive valuation with a 0.93 Price to Book Value
5
Below par performance in long term as well as near term
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-54.26%
0%
-54.26%
6 Months
-54.32%
0%
-54.32%
1 Year
-38.12%
0%
-38.12%
2 Years
-28.78%
0%
-28.78%
3 Years
-7.18%
0%
-7.18%
4 Years
-35.37%
0%
-35.37%
5 Years
30.26%
0%
30.26%
Saigon Real Estate JSC for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
18.75%
EBIT Growth (5y)
1.81%
EBIT to Interest (avg)
1.61
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
16.86%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
6.68%
ROE (avg)
13.47%
Valuation key factors
Factor
Value
P/E Ratio
7
Industry P/E
Price to Book Value
0.93
EV to EBIT
9.49
EV to EBITDA
9.14
EV to Capital Employed
0.92
EV to Sales
4.56
PEG Ratio
0.06
Dividend Yield
NA
ROCE (Latest)
9.74%
ROE (Latest)
12.47%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
Bullish
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Mar'25 - QoQ
Mar'25
Dec'24
Change(%)
Net Sales
23,463.80
33,559.30
-30.08%
Operating Profit (PBDIT) excl Other Income
395.80
-6,792.70
105.83%
Interest
8,467.60
9,308.60
-9.03%
Exceptional Items
0.00
0.00
Consolidate Net Profit
18,913.30
64,946.60
-70.88%
Operating Profit Margin (Excl OI)
-31.40%
-211.70%
18.03%
USD in Million.
Net Sales
QoQ Growth in quarter ended Mar 2025 is -30.08% vs -41.81% in Dec 2024
Consolidated Net Profit
QoQ Growth in quarter ended Mar 2025 is -70.88% vs 52.78% in Dec 2024
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
151,466.30
99,165.00
52.74%
Operating Profit (PBDIT) excl Other Income
24,788.00
16,222.30
52.80%
Interest
35,864.50
30,130.70
19.03%
Exceptional Items
0.00
31,500.00
-100.00%
Consolidate Net Profit
83,538.10
103,074.10
-18.95%
Operating Profit Margin (Excl OI)
132.20%
116.90%
1.53%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is 52.74% vs -84.85% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is -18.95% vs -52.28% in Dec 2023
About Saigon Real Estate JSC 
Saigon Real Estate JSC
Realty
Saigon Real Estate Joint Stock Company (SAIGONRES) is a real estate company, which mainly operates in the southern region of Vietnam. The Company is engaged in the development and management of various residential and commercial buildings for lease and for sale in Ho Chi Minh city and Vung Tau city. In order to support these major business activities, SAIGONRES also acts as a real estate broker. Besides, via the operation of a few subsidiaries, the Company partakes in the provision of architectural and engineering services, the manufacture of furniture and construction materials, as well as the construction of civil and industrial infrastructures.
Company Coordinates 
Company Details
So 63-65 Dien Bien Phu, Quan Binh Thanh , HO CHI MINH None : None
Registrar Details






