中文

FECON CORP

₫10,900
+0.00% 2026-09-15 · Close
AI Composite Signal
5.9 / 10
Neutral — 5-signal composite
Mkt Cap
1.8T
₫1.8T
P/E
12.9
P/B
0.5
ROE
4.1%
ROA
1.3%
EPS
882
Price Chart
What matters now

FECON CORP (FCN) is a company in Vietnam's Construction & Materials sector, listed on HOSE. The stock last traded at 10,900 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 8.2%. Trailing earnings per share stand at 882 VND.

Aveluro tracks 13 news items mentioning FCN, where recent coverage skews positive (62% of articles). The most recent catalyst was a guidance raise event — "FECON 2026 AGM: Net Profit Target Up 160%, 87.5M Share Issue". Aveluro's composite model rates FCN 5.9/10 (Neutral), blending news sentiment, price momentum, and fundamentals.

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

Latest catalyst

FECON 2026 AGM: Net Profit Target Up 160%, 87.5M Share Issue

Recent Developments

Recent developments around FECON CORP include 5 notable classified events. 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. On Aug 04, 2026, an earnings beat was reported: FECON (FCN) reported H1 2026 net profit of VND 79 billion, quadrupling year-on-year, on revenue of VND 3,213 billion (+50%). On Aug 01, 2026, a market event was reported: Foreign investors net sold VND 362.6 billion (~USD 14.5 million) on July 31, 2026, with real estate bearing the brunt while technology and retail saw inflows. On Jul 29, 2026, a market event was reported: ACV, VCG, and FCN face regulatory risk after the Government Inspectorate disclosed illegal subcontracting worth over VND 1.5 trillion at the Long Thanh International Airport project.

The overall tone of recent coverage is positive, with 3 of 5 events carrying bullish sentiment.

AI Signal Breakdown
Bearish Neutral Bullish
5.9 / 10
Neutral
Sentiment
+0.00
Impact
0.50
Momentum
-0.14
Fundamentals
-0.10
Volume
0.00
Sentiment 30% · Impact 20% · Momentum 20% · Fundamentals 15% · Volume 15%
News Sentiment
13
Articles Analyzed
Positive 8
Mixed 2
Negative 2
Neutral 1
Recent News
Aug 10, 2026 Full Analysis Positive guidance raise
FECON (FCN) targets 2026 consolidated net profit of VND 250 billion, up 160%, with revenue of VND 5,600 billion (+15%). The company also plans to issue 87.5 million shares to raise capital, supported by a VND 10,000 billion backlog and a positive operating cash flow swing.
Aug 06, 2026 Full Analysis Positive contract win
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. This provides revenue visibility and supports the company's expansion into higher-value integrated contracts.
Aug 04, 2026 Full Analysis Positive earnings beat
FECON (FCN) reported H1 2026 net profit of VND 79 billion, quadrupling year-on-year, on revenue of VND 3,213 billion (+50%). The company added over VND 3.6 trillion in new Q2 contracts, led by VND 1.6 trillion at Gia Binh airport, signaling a shift toward integrated infrastructure work.
Aug 01, 2026 Full Analysis Negative foreign flow
Foreign investors net sold VND 362.6 billion (~USD 14.5 million) on July 31, 2026, with real estate bearing the brunt while technology and retail saw inflows. VN-Index slipped 8.88 points to 1,735.78 amid ETF rebalancing, but state-owned banks like VCB (up ~5%) cushioned the fall.
Jul 29, 2026 Full Analysis Negative regulation change
ACV, VCG, and FCN face regulatory risk after the Government Inspectorate disclosed illegal subcontracting worth over VND 1.5 trillion at the Long Thanh International Airport project. The case has been recommended for transfer to the Ministry of Public Security for investigation, potentially impacting project timelines and contractor reputations.
Jun 11, 2026 Full Analysis Positive strategic partnership
FECON (FCN) and Copenhagen Infrastructure Partners (CIP) have proposed a 1,000MW onshore wind project in Laos to export electricity to Vietnam, alongside a broader 2.5GW renewable energy portfolio in Vietnam and Laos by 2030. CIP plans to allocate approximately $3 billion for Vietnam by 2030, positioning FECON as a key infrastructure partner in large-scale green energy development.
May 13, 2026 Full Analysis Neutral capital raise
Fecon (FCN) plans to issue VND 125 billion in bonds on May 15, 2026, with an 18-month maturity, using its own shares and those of subsidiary Fecon Investment as collateral at a 201% initial coverage ratio. The move follows the full repayment of a VND 120 billion bond series in April 2026.
May 11, 2026 Full Analysis Positive contract win
FECON (FCN) signed a VND 3,000 billion (USD 120 million) EPC contract for Hanoi's Metro Line 5, covering tunnel excavation and foundation work in partnership with China's Pacific Construction Group. The win extends FECON's track record in urban rail, a key long-term growth driver for Hanoi.
May 05, 2026 Full Analysis Positive regulation change
FCN subsidiary receives approval for the 40MW An Thanh Gia Lai wind power project with total investment of VND 1,586B (20% equity). The project is part of FECON's strategy to integrate renewable energy with its industrial park developments, such as the 256ha FECON IP Hoa Yen in Bac Ninh, aiming to provide clean power via direct purchase agreements and rooftop solar.
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Stock Analysis

By Aveluro Research Team · Editorial policy · Caveat: Not investment advice. · How Aveluro computed this

Information provided for educational purposes only. Past performance does not guarantee future results. Data sourced from public Vietnamese market feeds.

Last updated: 2026-09-15T17:43:14Z.