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    Technology services

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    Information technology services
CMC Corporation

CMC Corporation

HHOSE:CMG
19,750.00
VND
-400.00
(-1.99%)
2,095.63EPS
16.53P/E
6.29TMarket Cap
Dec 02Next Earn
CMC Corporation
HOSE:CMG
(Ho Chi Minh Stock Exchange)

Recent

price

19,750.00

P/E

ratio

16.53

div

yld

0.58%

ROIC.AI

2016
2017
2019
2020
2021
2022
2023
2024
2025
2026
TTM
VND
20,966.88
24,886.59
28,955.4
22,777.64
21,697.44
26,956.02
33,097.16
31,634.73
35,293.88
41,078
41,514.73
Revenue per Share
610.29
699.08
890.5
675.7
734.64
1,035.03
1,341.04
1,450.01
1,500.11
1,774.46
1,633.21
Basic EPS, GAAP
274.25
607.71
-730.45
-627.55
-497.87
-624.92
1,175.08
-1,170.64
712.53
-1,599.19
-1,879.19
Free Cash Flow per Basic Share
0.01
349.56
466.81
628.41
550.34
0.51
162.77
552.59
280.46
110.65
113.58
Dividend per Share
- -
5,314.13
6,100.8
8,027.81
8,215.92
9,198.96
10,560.36
11,370.87
12,574.57
13,981.65
14,320.6
Book Value per Share
- -
4,297.78
5,209.85
7,383.24
7,609.33
7,520.7
8,609.68
9,445
10,729.59
12,327.59
12,686.54
Tangible Book Value per Share
176
176
179
213
239
233
232
232
232
233
233
Basic Weighted Avg Shares
3,693,813
4,384,363
5,185,715
4,855,806
5,181,109
6,290,385
7,663,640
7,341,773
8,202,642
9,560,786
9,673,986
Sales/Revenue/Turnover
4.24
3.88
4.85
4.79
4.83
5.65
5.17
5.42
5.5
5.8
5.55
Operating Margin (%)
80,949
104,078
160,964
192,046
222,523
234,853
330,866
370,167
379,237
430,920
452,650
Depreciation Expense
107,516
123,160
159,483
144,047
175,423
241,532
310,517
336,519
348,641
413,001
380,578
Net Income, GAAP
14.75
16.3
18.18
19.46
16.93
13.84
11.71
12.86
14.85
15.54
15.99
Effective Tax Rate (%)
2.91
2.81
3.08
2.97
3.39
3.84
4.05
4.58
4.25
4.32
3.93
Profit Margin (%)
- -
208,601
489,501
1,261,694
892,591
932,580
604,789
398,563
735,226
1,863,739
1,752,618
Working Capital
- -
42,197
588,094
672,419
593,127
895,366
442,881
667,033
873,832
2,319,234
2,304,232
LT Debt
- -
1,169,142
1,362,556
2,252,403
2,323,023
2,721,761
3,122,743
3,344,148
3,677,516
4,087,376
4,192,679
Total Equity
- -
- -
10.39
6.78
6.79
8.6
7.96
8.4
8.18
7.78
7.05
Return on Invested Capital (%)
- -
- -
7.36
4.7
4.92
5.74
8.11
7.34
6.52
5.98
9.33
Return on Capital (%)
- -
- -
16.24
9.69
9.05
11.62
13.3
13.17
12.54
13.37
11.97
Return on Common Equity (%)

Capital Structure

VND

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
1,209,171
1,295,206
1,515,315
LT Borrowings
2,364,446
2,319,234
2,304,232
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
233
233
233
Market Capitalization
7,537,595
6,707,546
6,288,325

Working Capital

VND

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
5,728,659
5,839,626
5,952,349
Cash, Cash Equivalents & STI
3,275,091
3,366,701
3,198,654
Accounts Receivable, Net
1,640,976
1,741,737
1,923,166
Inventories
277,749
232,354
244,031
Total Current Liabilities
3,622,612
3,975,887
4,199,732
Payables & Accruals
- -
- -
- -
ST Debt
1,209,171
1,295,206
1,515,315
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
12.02%
11.15%
Free Cash Flow
- -
-189.9%
-324.76%
Net Income, GAAP
- -
19.34%
18.46%
Sales/Revenue/Turnover
- -
13.47%
16.56%
Total Cash Common Dividend
- -
6,299.91%
-60.49%

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,793,444
2,188,267
2,303,163
1,917,769
8,202,642
2026
2,210,099
2,420,132
2,563,141
2,367,469
9,560,786
2027
2,323,244
- -
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
397.92
220.91
475.45
331
1,500.11
2026
404.25
373.64
577.27
360
1,774.46
2027
322.34
- -
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
242.29
2.58
280.46
2026
0.26
4.33
120.03
-14.03
110.65
2027
3.33
- -
- -
- -
- -
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Business
CMC Corporation is a Vietnam-based information and communications technology (ICT) and digital transformation company that provides digital infrastructure, enterprise technology solutions, global software outsourcing, cyber security, and applied research services. The company organizes its operations into four core business segments: Digital Infrastructure, Technology and Solutions, Global Business, and Cyber Security. Through its Digital Infrastructure division, CMC delivers enterprise broadband and dedicated internet access; domestic and international transmission via cross-border fiber and submarine cable systems; Tier III-certified data center colocation, managed hosting, and disaster recovery services; and enterprise cloud infrastructure, including its proprietary CMC Cloud platform and multi-cloud management services. The Technology and Solutions segment provides end-to-end system integration; enterprise resource planning and customer relationship management deployment; cloud migration and IT consulting; financial technology and digital banking architecture; and smart city and government digital solutions. The Global Business segment offers custom software development; application modernization and maintenance; quality assurance and testing; and dedicated offshore development center (ODC) services. The Cyber Security division provides proprietary antivirus and endpoint protection software; Next-Generation Security Operations Center (SOC) monitoring; managed detection and response (MDR); penetration testing; threat intelligence; and regulatory compliance auditing. In recent operational developments, CMC Corporation has implemented an AI-First corporate strategy, integrating proprietary artificial intelligence engines—such as the CIVAMS computer vision platform and C-Matching analytics—across its solution ecosystem. The group has also expanded high-density AI infrastructure at its flagship Tan Thuan Data Center, broadened strategic partnerships with global technology providers including Microsoft, Amazon Web Services, Google Cloud, and strategic investor Samsung SDS, expanded international subsidiaries in Japan, South Korea, and Singapore, and established dedicated education initiatives in artificial intelligence and semiconductor design. Founded in 1993, CMC Corporation is headquartered in Hanoi, Vietnam, and serves public sector entities, financial institutions, telecommunications carriers, and multinational enterprises.