Compare Ninh Van Bay Real Estate JSC with Similar Stocks
Dashboard
1
Poor long term growth as Operating profit has grown by an annual rate 35.31% of over the last 5 years
2
With a growth in Net Sales of 8.92%, the company declared Outstanding results in Sep 25
3
With ROE of 25.16%, it has a very expensive valuation with a 3.08 Price to Book Value
4
Consistent Underperformance against the benchmark over the last 3 years
Stock DNA
Furniture, Home Furnishing
VND 678,750 Million (Small Cap)
12.00
NA
0.00%
0.29
28.41%
2.97
Revenue and Profits:
Net Sales:
130,308 Million
(Quarterly Results - Sep 2025)
Net Profit:
25,734 Million
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-8.55%
0%
-8.55%
6 Months
-10.18%
0%
-10.18%
1 Year
-6.3%
0%
-6.3%
2 Years
-5.12%
0%
-5.12%
3 Years
-0.13%
0%
-0.13%
4 Years
-48.89%
0%
-48.89%
5 Years
9.37%
0%
9.37%
Ninh Van Bay 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)
16.11%
EBIT Growth (5y)
35.31%
EBIT to Interest (avg)
2.59
Debt to EBITDA (avg)
1.41
Net Debt to Equity (avg)
0.62
Sales to Capital Employed (avg)
0.85
Tax Ratio
42.91%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
11.98%
ROE (avg)
8.50%
Valuation key factors
Factor
Value
P/E Ratio
12
Industry P/E
Price to Book Value
3.08
EV to EBIT
7.68
EV to EBITDA
4.94
EV to Capital Employed
2.62
EV to Sales
1.71
PEG Ratio
0.09
Dividend Yield
NA
ROCE (Latest)
34.06%
ROE (Latest)
25.16%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Sideways
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bullish
Dow Theory
Bearish
No Trend
OBV
Mildly Bearish
Mildly Bearish
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Sep'25 - QoQ
Sep'25
Jun'25
Change(%)
Net Sales
130,308.20
115,762.70
12.56%
Operating Profit (PBDIT) excl Other Income
49,744.90
41,694.40
19.31%
Interest
4,844.40
5,162.30
-6.16%
Exceptional Items
0.00
0.00
Consolidate Net Profit
25,733.50
19,070.30
34.94%
Operating Profit Margin (Excl OI)
278.10%
245.10%
3.30%
USD in Million.
Net Sales
QoQ Growth in quarter ended Sep 2025 is 12.56% vs -3.88% in Jun 2025
Consolidated Net Profit
QoQ Growth in quarter ended Sep 2025 is 34.94% vs -15.42% in Jun 2025
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
410,702.50
377,060.30
8.92%
Operating Profit (PBDIT) excl Other Income
134,317.30
110,089.10
22.01%
Interest
23,674.60
31,958.60
-25.92%
Exceptional Items
0.00
18,360.00
-100.00%
Consolidate Net Profit
22,912.30
35,833.20
-36.06%
Operating Profit Margin (Excl OI)
198.50%
165.60%
3.29%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is 8.92% vs 11.79% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is -36.06% vs 119.56% in Dec 2023
About Ninh Van Bay Real Estate JSC 
Ninh Van Bay Real Estate JSC
Furniture, Home Furnishing
Ninh Van Bay Travel Real Estate Joint Stock Company is a Vietnam-based company engaged in the development and operations of resorts. The Company also operates restaurants and provides real estate management services. It trades construction materials, metals and supplies, sanitary wares and interior decorations, as well as constructs infrastructures. Through its subsidiaries, it is involved in the provision of tourism services. The Company has two subsidiaries, namely Hai Dung Company Limited and Hong Hai Tourism Joint Stock Company.
Company Coordinates 
Company Details
Level 3, Hoang Gia Building, 180 Trieu Viet Vuong Street, Bui Thi Xuan Ward, Hai Ba Trung District, HANOI None : None
Registrar Details






