Compare VNECO 3 Electricity Construction JSC with Similar Stocks
Dashboard
1
Poor Management Efficiency with a low ROCE of 8.04%
- The company has been able to generate a Return on Capital Employed (avg) of 8.04% signifying low profitability per unit of total capital (equity and debt)
2
High Debt Company with a Debt to Equity ratio (avg) at times
3
With a growth in Operating Profit of 45.06%, the company declared Very Positive results in Dec 25
4
With ROE of 1.91%, it has a fair valuation with a 0.59 Price to Book Value
5
Consistent Underperformance against the benchmark over the last 3 years
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-25.58%
0%
-25.58%
6 Months
-27.27%
0%
-27.27%
1 Year
-35.35%
0%
-35.35%
2 Years
-35.35%
0%
-35.35%
3 Years
-28.09%
0%
-28.09%
4 Years
-35.35%
0%
-35.35%
5 Years
-24.71%
0%
-24.71%
VNECO 3 Electricity Construction 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)
33.13%
EBIT Growth (5y)
51.01%
EBIT to Interest (avg)
1.59
Debt to EBITDA (avg)
4.05
Net Debt to Equity (avg)
3.16
Sales to Capital Employed (avg)
1.91
Tax Ratio
62.05%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
8.04%
ROE (avg)
2.84%
Valuation key factors
Factor
Value
P/E Ratio
31
Industry P/E
Price to Book Value
0.59
EV to EBIT
15.25
EV to EBITDA
12.67
EV to Capital Employed
0.90
EV to Sales
0.40
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
5.88%
ROE (Latest)
1.91%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
Bullish
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bullish
Bearish
OBV
No Trend
No Trend
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Dec'25 - YoY
Dec'25
Dec'24
Change(%)
Net Sales
58,562.20
66,561.00
-12.02%
Operating Profit (PBDIT) excl Other Income
6,834.40
1,530.70
346.49%
Interest
1,580.80
1,020.00
54.98%
Exceptional Items
0.00
0.00
Consolidate Net Profit
4,547.00
175.30
2,493.84%
Operating Profit Margin (Excl OI)
115.60%
22.40%
9.32%
USD in Million.
Net Sales
YoY Growth in quarter ended Dec 2025 is -12.02% vs 50.85% in Dec 2024
Consolidated Net Profit
YoY Growth in quarter ended Dec 2025 is 2,493.84% vs -70.69% in Dec 2024
Annual Results Snapshot (Consolidated) - Dec'25
Dec'25
Dec'24
Change(%)
Net Sales
169,543.50
170,871.00
-0.78%
Operating Profit (PBDIT) excl Other Income
6,995.00
4,936.80
41.69%
Interest
5,708.90
3,485.00
63.81%
Exceptional Items
0.00
0.00
Consolidate Net Profit
128.60
254.50
-49.47%
Operating Profit Margin (Excl OI)
37.10%
24.90%
1.22%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2025 is -0.78% vs 91.36% in Dec 2024
Consolidated Net Profit
YoY Growth in year ended Dec 2025 is -49.47% vs 11.52% in Dec 2024
About VNECO 3 Electricity Construction JSC 
VNECO 3 Electricity Construction JSC
Construction
VNECO 3 Electricity Construction Joint Stock Company (VNECO 3) is a Vietnam-based company engaged in the construction and engineering industry. The Company constructs power systems, power transmission lines, transformer stations of up to 500 Kilovolts (kV), civil and industrial projects, as well as traffic and irrigational projects. It is also involved in the manufacture of centrifugal concrete piles and pipes, as well as metalworking activities of steel structures, including coating and heat treating. In addition, it is involved in the mining and trading of sand, stones and gravels, as well as freight trucking.
Company Coordinates 
Company Details
Khoi 3 - Phuong Trung Do , VINH None : None
Tel: 84 23 8385561984 238 3855619
Registrar Details






