Financials Century Synthetic Fiber Corporation

Equities

STK

VN000000STK5

Textiles & Leather Goods

End-of-day quote Ho Chi Minh S.E. 18:00:00 2024-06-25 EDT 5-day change 1st Jan Change
30,200 VND +0.67% Intraday chart for Century Synthetic Fiber Corporation -6.65% +16.38%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,241,258 1,425,073 3,859,288 2,250,110 2,441,772 2,873,135 - -
Enterprise Value (EV) 1 1,241,258 1,425,073 3,859,288 2,250,110 2,441,772 2,873,135 2,873,135 2,873,135
P/E ratio 5.78 x 10.3 x 14.4 x 7.9 x 25.9 x 16.6 x 11.9 x 8.47 x
Yield 8.55% 7.18% 2.65% - - 2.98% 3.48% 5.3%
Capitalization / Revenue 0.56 x 0.81 x 1.89 x 1.06 x 1.71 x 1.42 x 1.1 x 0.95 x
EV / Revenue 0.56 x 0.81 x 1.89 x 1.06 x 1.71 x 1.42 x 1.1 x 0.95 x
EV / EBITDA 3.06 x 4.64 x 9.99 x 5.7 x 12 x 7.65 x 5.5 x 4.08 x
EV / FCF 7.69 x 3.22 x 13 x 97.4 x -2.51 x -18.7 x 4.42 x 4.84 x
FCF Yield 13% 31.1% 7.71% 1.03% -39.8% -5.36% 22.6% 20.7%
Price to Book 1.15 x 1.32 x 3.18 x 1.61 x - 1.7 x 1.56 x 1.38 x
Nbr of stocks (in thousands) 81,336 78,413 78,413 94,096 94,095 95,137 - -
Reference price 2 15,261 18,174 49,217 23,913 25,950 30,200 30,200 30,200
Announcement Date 20-01-20 21-01-20 22-01-20 23-01-18 24-01-22 - - -
1VND in Million2VND
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,228,979 1,765,666 2,042,389 2,114,532 1,425,625 2,027,167 2,610,000 3,019,500
EBITDA 1 405,740 307,422 386,221 394,461 203,604 375,500 522,000 705,000
EBIT 1 248,355 162,907 275,794 288,100 111,721 220,200 301,750 415,000
Operating Margin 11.14% 9.23% 13.5% 13.62% 7.84% 10.86% 11.56% 13.74%
Earnings before Tax (EBT) 1 253,085 163,360 285,706 269,708 90,539 182,167 263,400 398,500
Net income 1 214,556 143,405 278,447 240,371 87,338 165,950 244,600 370,500
Net margin 9.63% 8.12% 13.63% 11.37% 6.13% 8.19% 9.37% 12.27%
EPS 2 2,638 1,763 3,423 3,026 1,003 1,816 2,544 3,567
Free Cash Flow 1 161,383 442,980 297,551 23,105 -973,034 -154,000 650,000 594,000
FCF margin 7.24% 25.09% 14.57% 1.09% -68.25% -7.6% 24.9% 19.67%
FCF Conversion (EBITDA) 39.78% 144.1% 77.04% 5.86% - - 124.52% 84.26%
FCF Conversion (Net income) 75.22% 308.9% 106.86% 9.61% - - 265.74% 160.32%
Dividend per Share 2 1,304 1,304 1,304 - - 900.0 1,050 1,600
Announcement Date 20-01-20 21-01-20 22-01-20 23-01-18 24-01-22 - - -
1VND in Million2VND
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 S1 2023 Q1 2023 Q2 2023 Q4
Net sales 1 - - - 352,283
EBITDA - - - -
EBIT - - - -
Operating Margin - - - -
Earnings before Tax (EBT) - - - -
Net income 1 140,854 1,629 37,515 31,589
Net margin - - - 8.97%
EPS 1,732 17.39 458.0 -
Dividend per Share - - - -
Announcement Date 21-07-19 23-04-19 23-07-19 24-01-22
1VND in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 161,383 442,980 297,551 23,105 -973,034 -154,000 650,000 594,000
ROE (net income / shareholders' equity) 21.5% 13.3% 23.8% 17.2% 5.51% 9.54% 11.1% 16.1%
ROA (Net income/ Total Assets) 10.2% 7.6% 15.2% 11.7% 3.43% 5.62% 7.83% 10.1%
Assets 1 2,094,185 1,886,911 1,837,609 2,047,178 2,550,027 2,954,598 3,125,879 3,686,567
Book Value Per Share 2 13,318 13,797 15,479 14,869 - 17,726 19,334 21,828
Cash Flow per Share - 5,447 - - - - - -
Capex 1 6,142 - 23,883 47,917 949,806 978,000 93,500 79,500
Capex / Sales 0.28% - 1.17% 2.27% 66.62% 48.24% 3.58% 2.63%
Announcement Date 20-01-20 21-01-20 22-01-20 23-01-18 24-01-22 - - -
1VND in Million2VND
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
30,200 VND
Average target price
31,492 VND
Spread / Average Target
+4.28%
Consensus
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