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 84,800,000 121,400,000 104,800,000 124,000,000 - -
Change - - 43.16% -13.67% 18.32% - -
Enterprise Value (EV) 147,800,000 84,800,000 121,400,000 104,800,000 124,000,000 124,000,000 124,000,000
Change - - 43.16% -13.67% 18.32% 0% 0%
P/E - 43.7x 23.5x 21x 13.1x 16.4x 15.9x
PBR - - 2.29x 1.86x 1.83x 1.65x 1.53x
PEG - - 0x -6.94x 0.1x -0.8x 5.51x
Capitalization / Revenue - 3.83x 4.62x 3.6x 3.75x 3.83x 3.58x
EV / Revenue - 0x 0x 0x 3.75x 3.83x 3.58x
EV / EBITDA 0x 0x 0x 0x 13.2x 13.5x 11.5x
EV / EBIT - 0x 0x 0x 20.6x 19.9x 16.6x
EV / FCF - - - - 20.1x 19.5x 18.1x
FCF Yield - - - - 4.98% 5.14% 5.53%
Dividend per Share 2 600 - - - 1,600 1,300 1,600
Rate of return 1.62% - - - 5.16% 4.19% 5.16%
EPS 2 - 485 1,289 1,250 2,360 1,894 1,949
Distribution rate - - - - 67.8% 68.6% 82.1%
Net sales 1 - 22,138,403 26,254,333 29,078,056 33,062,667 32,416,667 34,614,000
EBITDA 1 7,498,877 4,995,423 6,839,690 8,068,273 9,403,000 9,163,500 10,762,000
EBIT 1 - 2,506,997 4,213,868 4,965,910 6,024,500 6,245,333 7,487,000
Net income 1 - 2,623,175 4,213,320 5,318,552 9,193,000 7,577,667 7,795,000
Net Debt - - - - - - -
Reference price 2 36,950.00 21,200.00 30,350.00 26,200.00 31,000.00 31,000.00 31,000.00
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.($)
13.77x - - 4.92% 4.94B
12.54x0.96x5.12x3.78% 27.34B
13.73x1.03x5.74x3.88% 27.2B
10.23x1.28x6.24x2.78% 7.66B
9.22x - - 3.3% 6.01B
9.14x0.94x5.46x3.09% 5.7B
8.72x0.87x3.98x3.66% 3.7B
10.29x0.66x5.18x3.97% 3.66B
151.6x - - - 2.93B
38.67x1.66x10.08x2.15% 2.02B
Average 27.79x 1.05x 5.97x 3.51% 9.12B
Weighted average by Cap. 17.14x 1.01x 5.55x 3.68%

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 -