
Masan Group Joint Stock Company (MSN), formerly Ma San Marine Joint Stock Company, was established in 2004. MSN is a company that manages investment capital and assets, mainly shares of other companies, currently including shares of Ma San Food Joint Stock Company (Masan Food) and Vietnam Technological and Commercial Joint Stock Bank (Techcombank). MSN is the largest supplier of tungsten and bismuth outside of China and the 2nd largest single supplier of acid-grade fluorite outside of China. MSN is the largest animal protein producer in Vietnam with the Bio-zeem brand, leading in the field of animal feed. The Company holds a dominant position in most markets and consumer goods industries in which the Company competes. MSN has been listed on the Ho Chi Minh Stock Exchange since the end of 2009.
MSN currently has a market capitalization of roughly VND 112.051 billion, placing it in the large-cap group on the Vietnamese stock market. Its current P/E of 11,8x is 81% below its own 8-year average (63,2x), suggesting the stock is trading cheaper than its historical norm. P/B stands at 2,6x, 36% below its multi-year average of 4x. Return on equity (ROE) is at 20%, up from 9,6% the year before. Its debt-to-equity ratio of 1,3x is moderate, reflecting a balanced capital structure. In 2025, revenue fell 2% year-on-year while after-tax profit grew 58%.
This note is generated automatically from the stock's real financial data, for reference only — not investment advice.
Unit: VND billion. Growth (%) vs. previous period.
Unit: VND billion. Year-end values; current year uses latest session.
Unit: x. Financial debt over shareholders' equity.
Data aggregated from cafef.vn and VNDirect, for reference only, not investment advice.