Siba High-Tech Mechanical Group Joint Stock Company

VND 14,500As of Sun 8 Nov 2026, 12:00 UTC

HOSE:SBGIndustrials

Country Vietnam

PE (Fwd) •••

TSR 3Y CAGR 28.31%

Div yield —

ROE —

Engineering & Construction

Beta (5Y) —

PE TTM —

TSR TTM 30.34%

Mkt cap VND 870.0B

ROIC —

SE Grade™

Value

Quality

Moat

Consensus

Reference

VND 17,024

17.41%

67.03%

Hold 6|3|8|0|1

4Q25

1Q26

2Q26

3Q26

Earnings per shareVND

202.25

226.45

227.59

219.10

(3.57%)

13.47%

18.14%

13.69%

RevenueVND B

46.29

45.30

46.99

49.21

(0.47%)

(0.95%)

1.45%

3.18%

TTM

FYE 31 Dec VND

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

63.41

RevenueVND B

144.5

144.4

144.5

145.1

148.9

152.4

159.2

166.3

172.5

174.8

66.01

3.26%

1.92%

2.84

Revenue growth%

18.47

17.08

14.93

13.36

13.93

11.21

10.10

12.46

11.65

10.34

25.13

11.21

12.91

25.55

Gross margin%

7.91

9.63

10.30

7.55

10.26

8.07

7.35

5.29

5.97

8.74

19.19

7.35

7.99

21.69

Operating margin%

16.71

19.21

18.67

17.22

19.64

19.25

19.16

19.83

17.72

20.70

17.99

19.25

19.18

12.38

Net margin%

14.30

12.50

11.80

9.26

9.38

7.73

8.78

9.24

11.06

8.53

26.77

8.78

9.32

32.87

P/E ratio (avg)x

30.23

30.62

32.02

35.33

31.69

32.09

29.08

26.87

24.96

24.30

26.75

26.87

30.43

21.83

EV/EBITx

20.74

18.91

17.94

16.78

16.56

18.64

17.94

20.08

18.22

19.11

37.71

18.64

18.43

10.79

FCF yield (avg)%

21.70

23.11

24.30

23.00

23.33

22.76

22.80

25.10

26.21

25.24

23.67

25.10

23.22

19.82

FCF margin%

8.25

5.64

5.62

2.87

1.16

0.40

3.05

4.42

6.36

3.51

22.09

3.51

3.96

0.297

FCF / Net incomex

0.999

1.046

1.012

0.951

0.890

0.902

0.951

1.045

1.118

1.179

0.259

1.045

1.005

29.77

ROIC%

12.83

10.51

12.96

13.52

10.75

11.55

10.23

12.85

15.40

15.68

10.72

12.85

12.84

28.78

Return on equity%

12.12

10.84

12.30

10.79

12.09

12.70

10.31

11.13

11.12

12.82

8.95

11.13

11.61

27.60

Return on assets%

21.20

22.42

23.73

26.26

25.50

26.56

29.39

28.45

26.15

27.78

2.41

27.78

26.21

1,370

EPSVND

1,064

1,058

1,266

1,436

1,700

1,852

2,067

2,024

2,201

2,473

1,467

7.78%

10.40%

—

22.33

EPS growth%

9.25

9.97

11.03

10.90

12.26

14.79

17.76

18.77

17.01

14.49

21.31

17.01

13.37

1,493

Bookvalue per shVND

1,822

1,622

1,581

1,584

1,525

1,306

1,279

1,393

1,516

1,569

1,082

0.57%

(1.79%)

—

1,439

FCF per shareVND

892.65

898.26

906.66

860.89

913.75

896.15

955.35

897.38

1,037

1,191

870.88

5.44%

3.66%

—

1,549

Dividend per shVND

342.63

353.56

345.51

349.07

388.24

391.75

382.91

412.56

457.75

469.13

515.95

3.86%

1.95%

—

9.58

Div yield (avg)%

27.75

30.75

30.24

28.46

29.80

30.73

32.47

31.15

29.21

27.98

14.38

30.73

30.02

11.46

Payout ratio%

5.01

6.48

4.91

6.47

3.74

6.32

4.94

2.98

2.43

5.42

3.33

4.94

4.97

60.75

Shares (diluted)M

60.87

63.18

70.43

85.49

92.90

105.9

110.5

129.1

149.2

163.0

58.48

11.90%

10.70%

18.38

Buyback yield%

20.48

19.27

17.55

14.69

14.20

12.09

12.02

13.01

11.40

10.66

28.53

12.02

13.61

0.834

D/E ratiox

0.705

0.743

0.833

0.863

0.988

1.145

1.150

1.190

1.215

1.344

0.101

1.190

1.066

110.3

Enterprise valueVND B

164.5

173.6

150.1

139.8

123.4

112.5

104.0

111.1

110.2

119.7

174.7

(0.61%)

(2.30%)

71.48

LT debtVND B

177.2

201.9

234.7

240.9

271.6

275.1

269.6

253.0

279.3

310.1

88.83

2.69%

6.30%

Peers (US$33.88M)

Cap (US$)

Binh Thanh Import…

35.07M

5.105x

Everland Group JSC

32.48M

8.720x

Duc Long Gia Lai Group…

22.26M

1.438x

Inter Gamma Investment…

33.54M

43.07x

Capital

TTM

10Y

Leveragex

1.959

0.318

0.265

EBIT/Intx

0.848

0.175

0.192

Own earn%

78.64

(57.23)

(56.93)

Sh yield%

27.96

42.82

44.08

Owners

Insiders/Inst%

0.44

82.03

Short interest%

0.61

SBC / revenue%

3.30

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

Op margin range%

17–21

$1 testx

−0.1

Incr. ROIC%

Siba High-Tech Mechanical Group Joint Stock Company engages in the mechanical engineering and construction activities. It designs, produces, and installs steel structures, pre-engineered steel buildings, and solar energy systems.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

VND 174.8B

1.92%

1.00×

Cost of revenue

VND 108.6B

1.90%

1.00×

Operating expenses

VND 34.64B

2.14%

1.02×