
Ngan Son Joint Stock Company (NST), formerly known as Bac Tobacco Material Company, is an independent accounting member of Vietnam Tobacco Corporation (Vinataba), established in 1996. In 2005, the Company transformed its business model into a Joint Stock Company. The company's current charter capital is 112 billion VND. Operating mainly in the field of manufacturing, processing, trading and exporting tobacco raw materials, processed leaf products and tobacco processing services. The strength of the company is that the company has a system of branches managing investment, sowing and purchasing raw materials in most mountainous provinces in the North of Vietnam. The Company supplies raw materials to tobacco factories in Vietnam including companies under the Vietnam Tobacco Corporation, and other tobacco companies. Every year, the raw material processing factory processes for domestic customers about 4,000 tons/year, processing raw materials for domestic consumption and exporting about 1,500 to 2,000 tons. On December 29, 2006, NST officially traded on the Hanoi Stock Exchange (HNX).
NST currently has a market capitalization of roughly VND 130 billion, placing it in the small-cap group on the Vietnamese stock market. Its current P/E of 4,9x is 76% below its own 8-year average (20,6x), suggesting the stock is trading cheaper than its historical norm. P/B stands at 0,7x, 2% above its multi-year average of 0,7x. Return on equity (ROE) is at 13,8%, up from 12,8% the year before. Its debt-to-equity ratio of 1x is moderate, reflecting a balanced capital structure. In 2025, revenue grew 9% year-on-year while after-tax profit grew 33%.
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.