FECON CORP

FECON CORP (FCN) is a company in Vietnam's Construction & Materials sector, listed on HOSE. The stock last traded at 10,600 VND, little changed on the session, giving a market capitalization of 1.8 trillion VND.

On valuation, FCN trades at a price-to-earnings ratio of 12.9 and a price-to-book of 0.5. That is a discount to the Construction & Materials sector average P/E of 20.8. Return on equity of 4.1% points to weak profitability relative to the company's equity base, below the sector average of 8.0%. Trailing earnings per share stand at 882 VND.

Aveluro tracks 16 news items mentioning FCN, where recent coverage skews positive (50% of articles). The most recent catalyst was a sector sentiment event — "Vietnam Construction Stocks 2026: CTD, VCG, FCN, CII Slide Despite 10.31% Sector Growth". Aveluro's composite model rates FCN 5.8/10 (Neutral), blending news sentiment, price momentum, and fundamentals.

Comparable names in the Construction & Materials sector include ACC, ACE and ACS.

Recent developments around FECON CORP include 5 notable classified events. On Oct 19, 2026, a market event was reported: Coteccons (CTD) is down 13.79% year-to-date in 2026 despite FY2026 revenue of VND 34,340B (+38%) and net profit of VND 788B (+73%), with backlog near VND 70,000B, roughly two years of revenue. On Oct 12, 2026, a market event was reported: Steel stocks broke out on October 12, with HPG up 2.99%, HSG up 3.54% and NKG up 6.89%, while VGS jumped 7.64% on HNX. On Sep 17, 2026, a market event was reported: Vietnam's construction sector grew 10.2% in Q2 2026 on VND 357tn of public investment and a real estate rebound, but steel and cement costs plus a 25% jump in interest expenses squeezed margins for 16 of 30 listed builders. On Aug 10, 2026, a market event was reported: FECON (FCN) targets 2026 consolidated net profit of VND 250 billion, up 160%, with revenue of VND 5,600 billion (+15%). On Aug 06, 2026, a contract win was reported: FECON (FCN) has accumulated a backlog of nearly VND 10,000 billion (about USD 400 million) for construction work through Q2 2026, anchored by major projects such as Metro Line 5, Gia Binh Airport, and industrial infrastructure.

The overall tone of recent coverage is positive, with 2 of 5 events carrying bullish sentiment.