Company Valuation: Vietnam Rubber Industry Group -

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2023 2024 2025 2026 2027 2028
Market Cap 1 147,800,000 84,800,000 121,400,000 104,800,000 120,400,000 - -
Change - - 43.16% -13.67% 14.89% - -
Enterprise Value (EV) 147,800,000 84,800,000 121,400,000 104,800,000 120,400,000 120,400,000 120,400,000
Change - - 43.16% -13.67% 14.89% 0% 0%
P/E - 43.7x 23.5x 21x 13.2x 16.4x 15.4x
PBR - - 2.29x 1.86x 1.84x 1.68x 1.48x
PEG - - 0x -6.94x 0.2x -0.8x 2.55x
Capitalization / Revenue - 3.83x 4.62x 3.6x 3.64x 3.73x 3.48x
EV / Revenue - 0x 0x 0x 3.64x 3.73x 3.48x
EV / EBITDA 0x 0x 0x 0x 13.1x 14.1x 11.2x
EV / EBIT - 0x 0x 0x 19.2x 20.2x 16.1x
EV / FCF - - - - 19.5x 18.9x 17.5x
FCF Yield - - - - 5.13% 5.29% 5.7%
Dividend per Share 2 600 - - - 1,600 1,300 1,600
Rate of return 1.62% - - - 5.32% 4.32% 5.32%
EPS 2 - 485 1,289 1,250 2,280 1,838 1,949
Distribution rate - - - - 70.2% 70.7% 82.1%
Net sales 1 - 22,138,403 26,254,333 29,078,056 33,098,750 32,252,000 34,614,000
EBITDA 1 7,498,877 4,995,423 6,839,690 8,068,273 9,216,500 8,563,000 10,762,000
EBIT 1 - 2,506,997 4,213,868 4,965,910 6,283,000 5,964,000 7,487,000
Net income 1 - 2,623,175 4,213,320 5,318,552 8,934,250 7,352,500 7,795,000
Net Debt - - - - - - -
Reference price 2 36,950.00 21,200.00 30,350.00 26,200.00 30,100.00 30,100.00 30,100.00
Nbr of stocks (in thousands) 4,000,000 4,000,000 4,000,000 4,000,000 4,000,000 - -
Announcement Date 05/04/22 20/03/24 26/01/25 29/03/26 - - -
1VND in Million2VND
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.38x - - 5.25% 4.65B
13.01x0.98x5.23x3.64% 28.14B
13.6x1.01x5.65x3.92% 26.69B
9.96x1.25x6.12x2.86% 7.43B
9.37x - - 3.25% 6.12B
9.63x0.98x5.73x2.94% 6.02B
8.86x0.88x4.05x3.6% 3.74B
10.08x0.65x5.11x4.05% 3.57B
125.09x - - - 2.42B
39.1x1.68x9.85x2.11% 2.07B
Average 25.21x 1.06x 5.96x 3.51% 9.09B
Weighted average by Cap. 15.78x 1.02x 5.56x 3.65%

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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  4. Valuation Vietnam Rubber Industry Group -