Company Valuation: Coteccons Construction

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,806,154 3,973,640 5,127,142 7,005,094 8,544,016 6,988,951 - -
Change - -17.32% 29.03% 36.63% 21.97% -18.2% - -
Enterprise Value (EV) 1 1,522,479 3,973,640 5,127,142 7,005,094 8,544,016 6,241,707 5,113,151 4,806,551
Change - 161% 29.03% 36.63% 21.97% -26.95% -9.45% -6%
P/E 198x 192x 97.3x - - - - -
PBR 0.58x 0.48x - - 0.97x 0.69x 0.69x -
PEG - -13.6x 1x - - - - -
Capitalization / Revenue 0.53x 0.27x 0.76x 0.36x 0.34x 0.24x 0.18x 0.17x
EV / Revenue 0.17x 0.27x 0.76x 0.36x 0.34x 0.18x 0.13x 0.12x
EV / EBITDA -10.6x -28x - - 14.4x 7.1x 3.99x 3.29x
EV / EBIT -6.14x -16x - 73.5x 17.9x 8.13x 4.32x 4.76x
EV / FCF 4.74x -2.18x - -13.3x - 21.8x -18.8x 302x
FCF Yield 21.1% -45.8% - -7.51% - 4.59% -5.33% 0.33%
Dividend per Share 2 679.7 - - - - 952 1,000 1,000
Rate of return 1.54% - - - - 1.52% 1.6% 1.6%
EPS 2 221.8 190.5 481.6 - - - - -
Distribution rate 306% - - - - - - -
Net sales 1 9,087,304 14,538,688 6,748,538 19,227,626 24,866,699 34,339,621 38,383,667 40,970,000
EBITDA 1 -143,267 -141,735 - - 592,320 878,978 1,281,000 1,463,000
EBIT 1 -247,777 -248,024 - 95,330 478,619 768,190 1,184,733 1,008,950
Net income 1 24,191 20,712 - - - 787,855 887,000 1,004,500
Net Debt 1 -3,283,674 - - - - -1,879,832 -1,875,800 -2,182,400
Reference price 2 44,013.61 36,598.64 46,870.75 63,582.77 77,551.02 62,500.00 62,500.00 62,500.00
Nbr of stocks (in thousands) 109,197 108,573 109,389 110,173 110,173 111,823 - -
Announcement Date 27/01/22 30/01/23 28/07/23 01/08/24 30/07/25 30/07/26 - -
1VND in Million2VND
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- 0.18x5.67x - 268M
55.8x2.55x24.36x0.07% 96.12B
13.13x1.11x6.08x4.46% 77.18B
34.09x4.29x23.27x0.2% 58.17B
27.37x2.09x20.54x1.1% 58.78B
55.42x4.42x28.13x1.57% 45.26B
29.72x0.73x12.12x2.08% 37.56B
23.71x1.62x14.94x0.19% 34.26B
24.52x0.5x7.92x2.41% 33.97B
4.47x0.3x5.97x6.3% 26.98B
Average 29.80x 1.78x 14.90x 2.04% 46.85B
Weighted average by Cap. 32.80x 2.16x 17.17x 1.78%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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  4. Valuation Coteccons Construction