Dashboard
1
Low ability to service debt as the company has a high Debt to EBITDA ratio of 18.54 times
- Low ability to service debt as the company has a high Debt to EBITDA ratio of 18.54 times
- The company has been able to generate a Return on Capital Employed (avg) of 1.77% signifying low profitability per unit of total capital (equity and debt)
2
The company has declared Negative results for the last 4 consecutive quarters
3
With ROE of 1.99%, it has a very expensive valuation with a 0.87 Price to Book Value
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
21.95%
0%
21.95%
6 Months
53.85%
0%
53.85%
1 Year
66.67%
0%
66.67%
2 Years
88.68%
0%
88.68%
3 Years
75.44%
0%
75.44%
4 Years
20.48%
0%
20.48%
5 Years
-25.37%
0%
-25.37%
MST Investment 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)
28.82%
EBIT Growth (5y)
-17.95%
EBIT to Interest (avg)
-0.15
Debt to EBITDA (avg)
7.42
Net Debt to Equity (avg)
0.32
Sales to Capital Employed (avg)
1.17
Tax Ratio
18.96%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
1.84%
ROE (avg)
6.86%
Valuation key factors
Factor
Value
P/E Ratio
44
Industry P/E
Price to Book Value
0.87
EV to EBIT
177.43
EV to EBITDA
173.63
EV to Capital Employed
0.87
EV to Sales
0.69
PEG Ratio
NA
Dividend Yield
0.74%
ROCE (Latest)
0.49%
ROE (Latest)
1.99%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
No Trend
Bullish
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Mar'26 - QoQ
Mar'26
Dec'25
Change(%)
Net Sales
393,240.90
404,931.70
-2.89%
Operating Profit (PBDIT) excl Other Income
380.10
2,047.10
-81.43%
Interest
3,407.80
96,746.90
-96.48%
Exceptional Items
0.00
0.00
Consolidate Net Profit
7,527.20
7,248.40
3.85%
Operating Profit Margin (Excl OI)
0.90%
5.10%
-0.42%
USD in Million.
Net Sales
QoQ Growth in quarter ended Mar 2026 is -2.89% vs 5.59% in Dec 2025
Consolidated Net Profit
QoQ Growth in quarter ended Mar 2026 is 3.85% vs 37.65% in Dec 2025
Annual Results Snapshot (Consolidated) - Dec'25
Dec'25
Dec'24
Change(%)
Net Sales
1,508,970.50
1,273,890.60
18.45%
Operating Profit (PBDIT) excl Other Income
12,118.10
22,571.50
-46.31%
Interest
169,629.30
25,953.60
553.59%
Exceptional Items
0.00
0.00
Consolidate Net Profit
21,448.00
17,139.50
25.14%
Operating Profit Margin (Excl OI)
7.90%
17.60%
-0.97%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2025 is 18.45% vs 5.52% in Dec 2024
Consolidated Net Profit
YoY Growth in year ended Dec 2025 is 25.14% vs -74.90% in Dec 2024
About MST Investment JSC 
MST Investment JSC
Construction
MST Investment Joint Stock Company (MMST), formerly 1.1.6.8 Construction Joint Stock Company, is a Vietnam-based company primarily engaged in the construction sector. The Company operates as a contractor that builds highways, streets, bridges, industrial facilities, as well as residential and commercial properties. MMST also involves in wholesaling construction materials, such as sand, stones and bricks, along with leasing construction machinery and equipment.
Company Coordinates 
Company Details
TT3D - 73 Khu Do Thi Phung Khoang, P. Trung Van, Q. Nam Tu Liem HANOI None : None
Registrar Details






