Company Valuation: Bamboo Capital

Data adjusted to current consolidation scope
Fiscal Period: December 2019 2020 2021 2022 2023 2024
Market Cap 1 860,807 1,802,078 7,111,146 3,366,184 4,705,189 5,598,140
Change - 109.35% 294.61% -52.66% 39.78% 18.98%
Enterprise Value (EV) 1 3,452,285 6,905,342 18,531,896 17,290,782 15,878,272 16,183,845
Change - 100.02% 168.37% -6.7% -8.17% 1.92%
P/E 7.53x 7.35x 8.93x 8.83x 79.8x 11.2x
PBR 0.71x 1.14x 1.99x 0.51x 0.69x 0.56x
PEG - 0.1x 0.2x -0.1x -0.9x 0x
Capitalization / Revenue 0.55x 0.97x 2.75x 0.74x 1.17x 1.28x
EV / Revenue 2.19x 3.72x 7.16x 3.82x 3.96x 3.7x
EV / EBITDA 57.7x 41x 22.3x 14.6x 13.6x 14.1x
EV / EBIT 109x 79x 39.3x 27.9x 28.5x 32.2x
EV / FCF -7.9x -2.15x -2.63x -2.98x -11.3x -7.93x
FCF Yield -12.7% -46.6% -38% -33.6% -8.85% -12.6%
Dividend per Share 2 679.1 679.1 432.9 - - -
Rate of return 10% 6.04% 2.09% - - -
EPS 2 898.9 1,530 2,318 649.6 100.5 568.6
Distribution rate 75.5% 44.4% 18.7% - - -
Net sales 1 1,575,879 1,854,945 2,589,459 4,531,193 4,012,159 4,371,858
EBITDA 1 59,878 168,515 831,480 1,185,960 1,171,441 1,147,680
EBIT 1 31,543 87,364 471,445 620,329 557,522 502,056
Net income 1 114,418 211,327 608,930 349,550 58,983 404,013
Net Debt 1 2,591,479 5,103,264 11,420,750 13,924,598 11,173,083 10,585,705
Reference price 2 6,765.13 11,246.92 20,692.64 5,736.36 8,018.18 6,360.00
Nbr of stocks (in thousands) 127,242 160,229 343,656 586,815 586,815 880,211
Announcement Date 4/10/20 4/12/21 3/30/22 4/3/23 4/1/24 4/22/25
1VND in Million2VND
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 85.26M
19.96x9.42x13.46x2.49% 26.55B
75.93x18.8x22.34x-.--% 22.72B
28.06x7.97x10.23x1.31% 16.66B
11.83x5.3x8.89x3.22% 7.58B
Average 33.95x 10.37x 13.73x 1.75% 14.72B
Weighted average by Cap. 38.26x 11.57x 15.00x 1.53%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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