ASM.VN
Bargain BinSao Mai Group Corporation · Real Estate · Vietnam · $71M cap · $60K/day traded
VND 4,490 +0.0% · close 6 Nov · scored 7 Nov
Bargain Bin: Looks like a bargain; the quality and the trend say why it is in the bin.
As of 7 Nov 2026, the MoatMap Score for Sao Mai Group Corporation (ASM.VN) is 34/100, ranked against 25,000+ stocks in 38 markets (Quality 36, Value 60, Momentum 30, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT SAO MAI GROUP CORPORATION
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Sao Mai Group Corporation engages in the real estate, energy, human resources, aquaculture, construction, trade, and services businesses in Vietnam.
FINANCIAL SUMMARY (VND)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM |
|---|---|---|---|---|---|---|
| Revenue | 13.7T | 12.0T | 12.0T | 11.3T | -6.3% | 11.1T |
| EPS (VND) | 1,712 | 527.27 | 470.00 | 100.00 | -61.2% | 352.15 |
| Shares | 370.2M | 370.2M | 370.2M | 407.2M | +10.0% | 407.2M |
| Debt | 9.8T | 10.8T | 13.7T | 13.6T | 11.4% | 13.5T |
| Equity | 5.2T | 5.2T | 5.4T | 5.5T | 1.6% | — |
| Op CF | -339.8B | -353.3B | -968.8B | -328.6B | — | -400.2B |
| Inv CF | -451.8B | -78.6B | -1.2T | -860.5B | — | — |
| Fin CF | 1.0T | 949.2B | 2.8T | -169.3B | — | — |
Made a new 52-week low 4 trading days ago, 38% below its 52-week high. The fall has not stopped yet.
Calmer than 84% of stocks we rank over the past year (volatility 24% a year).
How this is worked out
The MoatMap Score weighs the business, its price and its trend. The price check reads only the chart: the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Real Estate, ranked by industry match, size, and score similarity. Cross-listings of ASM.VN are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| ASM.VN | Sao Mai Group Corporation(you) | $71M | 34 |
| SZC.VN | Sonadezi Chau Duc Shareholding Company | $145M | 27 |
| NBB.VN | 577 Investment Corporation | $67M | 12 |
| CRE.VN | Century Land Joint Stock Company | $75M | 9 |
| TAL.VN | Taseco Land Investment Joint Stock Company | $447M | 27 |
| KBC.VN | KinhBac City Development Holding Corporation | $996M | 32 |
| VPI.VN | Van Phu Real Estate Development Joint Stock Company | $846M | 62 |
| SJS.VN | SJ Group Joint Stock Company | $644M | 92 |
| DXS.VN | Dat Xanh Real Estate Services Joint Stock Company | $112M | 36 |
| KHG.VN | Khai Hoan Land Group Joint Stock Company | $80M | 23 |
Peer medians: ROE 6.8% · P/E 20.0x · Gross margin 44.4%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.