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 8,051,431 - -
Change - -17.32% 29.03% 36.63% 21.97% -5.77% - -
Enterprise Value (EV) 1 1,522,479 3,973,640 5,127,142 7,005,094 8,544,016 6,709,231 5,446,531 5,570,531
Change - 161% 29.03% 36.63% 21.97% -21.47% -18.82% 2.28%
P/E 198x 192x 97.3x - - - - -
PBR 0.58x 0.48x - - 0.97x 0.8x 0.73x -
PEG - -13.6x 1x - - - - -
Capitalization / Revenue 0.53x 0.27x 0.76x 0.36x 0.34x 0.26x 0.19x 0.18x
EV / Revenue 0.17x 0.27x 0.76x 0.36x 0.34x 0.22x 0.13x 0.12x
EV / EBITDA -10.6x -28x - - 14.4x 6.72x 4.78x 4.26x
EV / EBIT -6.14x -16x - 73.5x 17.9x 8.45x 4.81x 4.83x
EV / FCF 4.74x -2.18x - -13.3x - -80.2x 4.79x -21.3x
FCF Yield 21.1% -45.8% - -7.51% - -1.25% 20.9% -4.69%
Dividend per Share 2 679.7 - - - - 952 1,000 1,000
Rate of return 1.54% - - - - 1.32% 1.39% 1.39%
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 30,691,733 43,281,267 45,209,300
EBITDA 1 -143,267 -141,735 - - 592,320 998,450 1,140,250 1,307,000
EBIT 1 -247,777 -248,024 - 95,330 478,619 794,067 1,131,600 1,153,300
Net income 1 24,191 20,712 - - - 828,400 891,600 1,016,600
Net Debt 1 -3,283,674 - - - - -1,342,200 -2,604,900 -2,480,900
Reference price 2 44,013.61 36,598.64 46,870.75 63,582.77 77,551.02 72,000.00 72,000.00 72,000.00
Nbr of stocks (in thousands) 109,197 108,573 109,389 110,173 110,173 111,825 - -
Announcement Date 27/01/22 30/01/23 28/07/23 01/08/24 30/07/25 - - -
1VND in Million2VND
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- 0.22x6.72x - 306M
69.02x2.98x29.09x0.07% 100B
14.12x1.12x6.17x4.15% 77.54B
40.36x5.01x27.82x0.17% 61.2B
26.67x2.03x19.67x1.17% 58.18B
59.33x4.91x31.48x1.46% 49.62B
36.53x0.86x14.53x1.74% 43.03B
30.01x0.58x9.15x2.02% 37.77B
26.53x1.72x16.57x0.18% 34.43B
4.59x0.29x6.23x6.18% 27.27B
Average 34.13x 1.97x 16.74x 1.91% 48.96B
Weighted average by Cap. 38.27x 2.41x 19.44x 1.65%

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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