Quy NHON Port Joint STOCK Company

VND 30,350As of Sun 8 Nov 2026, 12:00 UTC

HOSE:QNPIndustrials

Country Vietnam

PE (Fwd) •••

TSR 3Y CAGR (0.45%)

Div yield 4.61%

ROE —

Integrated Freight & Logistics

Beta (5Y) —

PE TTM —

TSR TTM 2.43%

Mkt cap VND 1.226T

ROIC —

SE Grade™

Value

Quality

Moat

Consensus

Reference

VND 30,797

1.47%

4.57%

Hold 11|7|6|0|11

TTM

FYE 31 Dec VND

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

222.2

RevenueVND B

253.2

277.3

300.4

322.4

351.5

383.4

415.2

438.9

469.7

495.2

227.6

7.09%

7.53%

27.92

Revenue growth%

19.23

18.42

15.87

16.85

14.72

12.91

12.55

13.15

15.76

15.84

4.73

13.15

15.80

24.78

Gross margin%

15.12

14.55

13.22

15.46

13.55

14.65

12.36

9.52

8.91

8.70

17.06

9.52

13.38

6.82

Operating margin%

26.77

29.00

27.52

28.93

29.85

32.46

31.55

32.19

31.53

29.40

28.97

31.55

29.63

29.01

Net margin%

8.69

8.88

10.61

8.59

10.47

13.30

11.27

11.28

8.80

8.36

22.37

11.27

9.67

9.552

P/E ratio (avg)x

13.67

14.96

16.90

17.86

17.37

18.90

19.24

20.50

23.01

24.20

9.375

20.50

18.38

19.69

EV/EBITx

23.74

25.36

26.51

25.79

24.77

24.05

23.87

22.36

21.67

20.67

11.62

22.36

23.96

13.96

FCF yield (avg)%

20.39

17.69

17.23

19.89

20.24

21.30

23.33

21.91

20.29

20.33

4.70

21.30

20.31

27.83

FCF margin%

15.33

17.06

18.59

20.49

22.37

22.09

21.24

19.61

20.78

20.71

14.90

20.78

20.60

1.522

FCF / Net incomex

0.586

0.608

0.627

0.735

0.878

0.985

0.950

1.134

1.225

1.374

0.660

1.134

0.914

5.80

ROIC%

2.41

2.65

3.19

6.16

8.84

10.89

13.43

11.42

9.62

12.53

23.21

11.42

9.23

13.92

Return on equity%

23.46

21.66

18.75

16.28

15.50

17.88

18.41

19.46

19.37

18.29

10.52

18.41

18.58

19.33

Return on assets%

6.21

3.92

4.32

5.66

8.34

8.99

9.50

11.06

12.88

11.43

21.96

11.06

8.66

3,599

EPSVND

3,383

3,836

4,598

4,633

4,745

4,775

4,610

4,512

4,667

5,183

3,827

1.78%

5.63%

—

14.11

EPS growth%

9.42

9.59

6.66

4.59

2.39

0.93

3.03

0.94

3.04

2.35

6.63

2.35

3.04

1,603

Bookvalue per shVND

5,420

5,551

6,092

6,875

6,260

6,701

6,928

6,923

7,614

7,210

2,357

2.86%

4.01%

—

997.96

FCF per shareVND

970.01

1,011

1,136

1,262

1,236

1,202

1,340

1,413

1,554

1,696

4,131

6.52%

4.84%

—

1,559

Dividend per shVND

5,119

5,703

6,144

6,145

6,268

6,415

6,817

6,391

5,951

5,723

4,517

(1.80%)

1.96%

—

10.25

Div yield (avg)%

26.04

25.39

28.06

28.65

25.91

25.02

22.51

22.94

21.46

23.92

21.83

22.94

25.20

5.20

Payout ratio%

14.35

15.75

16.19

17.51

20.08

17.13

17.69

15.95

17.01

19.17

25.95

17.13

17.07

40.49

Shares (diluted)M

45.22

47.00

52.10

58.19

70.35

69.86

69.96

82.67

83.34

82.75

40.01

3.30%

7.45%

20.96

Buyback yield%

27.70

27.41

25.12

27.58

27.84

27.89

26.52

23.78

24.14

25.46

3.25

25.46

26.96

0.722

D/E ratiox

1.005

1.025

1.106

1.136

1.176

1.044

0.917

0.892

0.934

0.964

1.737

0.934

1.015

437.1

Enterprise valueVND B

156.0

173.3

177.2

198.2

210.7

223.6

220.4

229.8

245.3

267.1

376.8

4.86%

6.81%

397.5

LT debtVND B

81.42

86.53

77.66

76.98

66.79

62.92

66.06

63.20

62.17

57.33

255.2

(3.01%)

(4.06%)

Peers (US$47.76M)

Cap (US$)

Vietnam Ocean Shipping…

58.33M

4.421x

Cat Lai Port JSC

34.49M

9.493x

Tan Cang Logistics and…

33.76M

5.977x

Egyptian Transport…

45.85M

12.64x

Capital

TTM

10Y

Leveragex

0.485

0.317

0.270

EBIT/Intx

1.622

0.138

0.125

Own earn%

153.14

93.02

109.69

Sh yield%

31.21

49.03

52.85

Owners

Insiders/Inst%

7.05

78.39

Short interest%

2.23

SBC / revenue%

3.76

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

Op margin range%

27–32

$1 testx

—

Incr. ROIC%

Quy NHON Port Joint STOCK Company operates a port in the gulf of Quy Nhon. It handles cargoes, including bulk container, over length, and overweight cargoes.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

VND 495.2B

7.53%

1.00×

Cost of revenue

VND 313.6B

7.42%

0.99×

Operating expenses

VND 113.9B

7.81%

1.03×