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 84,800,000 121,400,000 104,800,000 104,800,000 - -
Change - - 43.16% -13.67% 0% - -
Enterprise Value (EV) 147,800,000 84,800,000 121,400,000 104,800,000 104,800,000 104,800,000 104,800,000
Change - - 43.16% -13.67% 0% 0% 0%
P/E - 43.7x 23.5x 21x 15.3x 13.8x 13.6x
PBR - - 2.29x 1.86x 1.6x 1.47x 1.29x
PEG - - 0x -6.94x 0.4x 1.2x 8.68x
Capitalization / Revenue - 3.83x 4.62x 3.6x 3.2x 3.22x 3.08x
EV / Revenue - 0x 0x 0x 3.2x 3.22x 3.08x
EV / EBITDA 0x 0x 0x 0x 11.8x 12.1x 10.5x
EV / EBIT - 0x 0x 0x 17.3x 17.3x 15.6x
EV / FCF - - - - 18.4x 17.2x 15.6x
FCF Yield - - - - 5.43% 5.8% 6.41%
Dividend per Share 2 600 - - - 1,000 766.7 766.7
Rate of return 1.62% - - - 3.82% 2.93% 2.93%
EPS 2 - 485 1,289 1,250 1,710 1,899 1,929
Distribution rate - - - - 58.5% 40.4% 39.7%
Net sales 1 - 22,138,403 26,254,333 29,078,056 32,735,000 32,553,400 34,062,667
EBITDA 1 7,498,877 4,995,423 6,839,690 8,068,273 8,905,000 8,689,667 10,028,000
EBIT 1 - 2,506,997 4,213,868 4,965,910 6,043,600 6,055,000 6,734,333
Net income 1 - 2,623,175 4,213,320 5,318,552 6,839,000 7,597,800 7,433,000
Net Debt - - - - - - -
Reference price 2 36,950.00 21,200.00 30,350.00 26,200.00 26,200.00 26,200.00 26,200.00
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
15.32x - - 3.82% 3.98B
13.34x0.99x5.36x3.56% 28.36B
13.58x1.02x5.64x3.9% 26.74B
9.55x1.22x5.96x3% 7.08B
9.83x1x5.84x2.88% 6.15B
9.39x - - 3.24% 6.13B
8.94x0.9x4.11x3.56% 3.75B
9.85x0.64x5.04x4.14% 3.44B
33.88x1.82x10.32x1.98% 2.35B
8.26x0.36x3.94x2.18% 2.02B
Average 13.19x 0.99x 5.78x 3.23% 9B
Weighted average by Cap. 12.80x 1.01x 5.58x 3.51%

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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