Company Valuation: HocMon Trade

Data adjusted to current consolidation scope
Fiscal Period: December 2023 2024 2025
Market Cap 1 363,000 514,800 556,050
Change - 41.82% 8.01%
Enterprise Value (EV) 1 226,266 393,716 447,474
Change - 74.01% 13.65%
P/E 11.4x 22.3x 21.4x
PBR 1.17x 1.7x 1.85x
PEG - -0.8x 1.7x
Capitalization / Revenue 0.35x 0.51x 0.55x
EV / Revenue 0.22x 0.39x 0.45x
EV / EBITDA 1.54x 9.79x 13.7x
EV / EBIT 4.99x 11.4x 16.7x
EV / FCF 24.6x 27.3x -12.8x
FCF Yield 4.06% 3.66% -7.81%
Dividend per Share 2 - 1,300 -
Rate of return - 4.17% -
EPS 2 1,924 1,397 1,576
Distribution rate - 93.1% -
Net sales 1 1,042,187 1,014,753 1,004,989
EBITDA 1 147,255 40,198 32,618
EBIT 1 45,366 34,447 26,835
Net income 1 46,169 30,655 29,487
Net Debt 1 -136,733 -121,084 -108,576
Reference price 2 22,000.00 31,200.00 33,700.00
Nbr of stocks (in thousands) 16,500 16,500 16,500
Announcement Date 25/02/25 25/02/25 10/03/26
1VND in Million2VND
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 25.1M
11.84x1.47x6.49x3.02% 568B
20.41x1.69x9.71x0.49% 185B
7.14x0.53x2.62x5.49% 101B
8.63x0.63x5.76x1.8% 79.51B
7.37x0.7x5.67x1.52% 77.76B
8.66x0.57x6.63x2.86% 70.73B
8.44x1.6x4.26x3.11% 64.93B
11.51x1.29x7.23x2.1% 55.6B
7.05x0.65x3.77x5.21% 31.42B
Average 10.12x 1.01x 5.79x 2.84% 123.47B
Weighted average by Cap. 11.76x 1.25x 6.41x 2.68%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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