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Metrics | Range | Conclusion |
---|---|---|
Selected LTM P/E Multiple | -25.6x - -28.3x | -26.9x |
Selected Fwd P/E Multiple | -29.2x - -32.3x | -30.7x |
Fair Value | ₫6,309 - ₫6,973 | ₫6,641 |
Upside | -39.3% - -32.9% | -36.1% |
Benchmarks | - | Full Ticker |
Truong Thanh Energy and Real Estate Joint Stock Company | - | HOSE:TEG |
AAV Group Joint Stock Company | - | HNX:AAV |
Vinh Phuc Infrastructure Development Joint Stock Company | - | HNX:IDV |
First Real Joint Stock Company | - | HOSE:FIR |
Victory Capital Joint Stock Company | - | HOSE:PTL |
Asia-Pacific Investment Joint Stock Company | - | HNX:API |
- | - | - |
Select Price / LTM EPS Ratio | ||||||||
Benchmark Companies | ||||||||
TEG | AAV | IDV | FIR | PTL | API | |||
HOSE:TEG | HNX:AAV | HNX:IDV | HOSE:FIR | HOSE:PTL | HNX:API | |||
Historical Net Income Growth | ||||||||
5Y CAGR | NM- | NM- | 6.3% | NM- | NM- | NM- | ||
3Y CAGR | NM- | NM- | -5.0% | NM- | NM- | NM- | ||
Latest Twelve Months | NM | 27.1% | -34.9% | 269.2% | NM | 60.1% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | 9.1% | -87.9% | 111.2% | 2.8% | -5.3% | 8.9% | ||
Prior Fiscal Year | 21.0% | -23.2% | 79.6% | 11.3% | 12.4% | -28.9% | ||
Latest Fiscal Year | 1.7% | -40.7% | 94.8% | 0.5% | -17.9% | -10.6% | ||
Latest Twelve Months | 1.9% | -12.7% | 91.5% | -6.8% | -14.7% | -10.6% | ||
Current Trading Multiples | ||||||||
EV / LTM EBITDA | 19.5x | -249.3x | 12.5x | 9.5x | 14.2x | 43.7x | ||
Price / LTM Sales | 2.5x | 4.7x | 11.1x | 5.5x | 1.0x | 4.2x | ||
LTM P/E Ratio | 129.0x | -36.9x | 11.6x | 82.9x | -6.5x | -39.3x | ||
Low | Mid | High | ||||||
Benchmark LTM P/E Ratio | -36.9x | 11.6x | 129.0x | |||||
Historical LTM P/E Ratio | -39.3x | 6.8x | 61.1x | |||||
Selected P/E Multiple | -25.6x | -26.9x | -28.3x | |||||
(x) LTM Net Income | (22,276) | (22,276) | (22,276) | |||||
(=) Equity Value | 569,912 | 599,908 | 629,903 | |||||
(/) Shares Outstanding | 84.1 | 84.1 | 84.1 | |||||
Implied Value Range | 6,777.90 | 7,134.63 | 7,491.36 | |||||
FX Rate: VND/VND | 1.0 | 1.0 | 1.0 | Market Price | ||||
Implied Value Range (Trading Cur) | 6,777.90 | 7,134.63 | 7,491.36 | 10,400.00 | ||||
Upside / (Downside) | -34.8% | -31.4% | -28.0% |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | TEG | AAV | IDV | FIR | PTL | API | |
Value of Common Equity | 749,001 | 455,319 | 1,167,001 | 642,389 | 325,266 | 874,473 | |
(/) Shares Outstanding | 120.8 | 69.0 | 41.2 | 70.7 | 98.9 | 84.1 | |
Implied Stock Price | 6,200.00 | 6,600.00 | 28,300.00 | 9,090.00 | 3,290.00 | 10,400.00 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
Implied Stock Price (Trading Cur) | 6,200.00 | 6,600.00 | 28,300.00 | 9,090.00 | 3,290.00 | 10,400.00 | |
Trading Currency | VND | VND | VND | VND | VND | VND | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |