Compare Vietnam Germany Steel Pipe JSC with Similar Stocks
Dashboard
1
Poor Management Efficiency with a low ROCE of 9.69%
- The company has been able to generate a Return on Capital Employed (avg) of 9.69% 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 2.57% and Operating profit at 11.25% over the last 5 years
3
Positive results in Mar 26
4
With ROE of 17.46%, it has a attractive valuation with a 1.29 Price to Book Value
5
Below par performance in long term as well as near term
Stock DNA
Ferrous Metals
VND 1,501,189 Million (Small Cap)
7.00
NA
0.41%
0.25
17.46%
1.23
Revenue and Profits:
Net Sales:
1,701,201 Million
(Quarterly Results - Mar 2026)
Net Profit:
45,283 Million
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-19.12%
0%
-19.12%
6 Months
-21.71%
0%
-21.71%
1 Year
-15.71%
0%
-15.71%
2 Years
-37.68%
0%
-37.68%
3 Years
35.8%
0%
35.8%
4 Years
-9.47%
0%
-9.47%
5 Years
10.55%
0%
10.55%
Vietnam Germany Steel Pipe 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)
2.57%
EBIT Growth (5y)
11.25%
EBIT to Interest (avg)
5.23
Debt to EBITDA (avg)
3.69
Net Debt to Equity (avg)
0.58
Sales to Capital Employed (avg)
4.24
Tax Ratio
17.79%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
9.69%
ROE (avg)
11.16%
Valuation key factors
Factor
Value
P/E Ratio
7
Industry P/E
Price to Book Value
1.29
EV to EBIT
7.53
EV to EBITDA
7.12
EV to Capital Employed
1.28
EV to Sales
0.22
PEG Ratio
0.03
Dividend Yield
0.39%
ROCE (Latest)
17.02%
ROE (Latest)
17.46%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
No Trend
Mildly Bearish
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Mar'26 - QoQ
Mar'26
Sep'25
Change(%)
Net Sales
1,701,200.90
1,767,211.70
-3.74%
Operating Profit (PBDIT) excl Other Income
44,050.70
58,997.80
-25.34%
Interest
8,650.60
3,533.70
144.80%
Exceptional Items
0.00
0.00
Consolidate Net Profit
45,283.00
63,765.10
-28.98%
Operating Profit Margin (Excl OI)
23.50%
31.60%
-0.81%
USD in Million.
Net Sales
QoQ Growth in quarter ended Mar 2026 is -3.74% vs -16.65% in Sep 2025
Consolidated Net Profit
QoQ Growth in quarter ended Mar 2026 is -28.98% vs 82.96% in Sep 2025
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
7,321,865.80
7,555,693.10
-3.09%
Operating Profit (PBDIT) excl Other Income
156,457.80
120,258.20
30.10%
Interest
20,776.90
36,166.00
-42.55%
Exceptional Items
0.00
0.00
Consolidate Net Profit
103,227.60
54,777.50
88.45%
Operating Profit Margin (Excl OI)
19.60%
14.00%
0.56%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is -3.09% vs -10.93% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is 88.45% vs -41.38% in Dec 2023
About Vietnam Germany Steel Pipe JSC 
Vietnam Germany Steel Pipe JSC
Ferrous Metals
Vietnam Germany Steel Pipe Joint Stock Company is a Vietnam-based steel manufacturing and trading company. Its products include steel pipes and its variants, such as high pressure resistant steel pipes, galvanized zinc-coated steel pipes, cold castings and bolted joints as well as fabricated steel structures and steel frames for construction purposes. It is also active in the installation of structural steel and precast concrete as well as steel and iron casting and stainless steel coating. In addition, it provides hotel and restaurant services as well as freight and passenger transportation, domestic and international tour operations. Other activities include real estate brokerage, rental provisions for commercial purpose together with logistics and warehousing services.
Company Coordinates 
Company Details
Khu CN Binh Xuyen, Thi tran Dao Duc, Huyen Binh Xuyen VINH PHUC None : None
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