Company Valuation: DRH Holdings

Data adjusted to current consolidation scope
Fiscal Period: January 2019 2020 2021 2022 2023 2024
Market Cap 1 238,243 642,769 1,701,981 575,242 622,251 235,045
Change - 169.8% 164.79% -66.2% 8.17% -62.23%
Enterprise Value (EV) 1 555,191 1,016,659 2,156,609 1,219,235 1,383,458 986,425
Change - 83.12% 112.13% -43.47% 13.47% -28.7%
P/E 5.22x 14.9x 128x 5,867x -6.03x -1.16x
PBR 0.3x 0.76x 2x 0.36x 0.42x 0.18x
PEG - -2.47x -1.8x -58.9x 0x -0x
Capitalization / Revenue 0.65x 8.25x 22.7x 9.55x 70.7x 65.8x
EV / Revenue 1.52x 13x 28.8x 20.2x 157x 276x
EV / EBITDA 26.9x -89.1x 77x 37.1x -68.6x -41.8x
EV / EBIT 27.2x -87.5x 83.4x 39.8x -61.7x -38.3x
EV / FCF 2.31x -17.7x 32.3x -2.08x -4.53x -21.5x
FCF Yield 43.3% -5.65% 3.09% -48.2% -22.1% -4.65%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 763 717 219.5 0.7926 -834.3 -1,634
Distribution rate - - - - - -
Net sales 1 366,413 77,912 74,960 60,238 8,798 3,571
EBITDA 1 20,619 -11,412 28,019 32,835 -20,172 -23,593
EBIT 1 20,389 -11,622 25,853 30,642 -22,422 -25,772
Net income 1 54,694 50,961 13,250 66.15 -103,750 -203,163
Net Debt 1 316,948 373,890 454,628 643,994 761,207 751,380
Reference price 2 3,980.00 10,650.00 28,200.00 4,650.00 5,030.00 1,900.00
Nbr of stocks (in thousands) 59,860 60,354 60,354 123,708 123,708 123,708
Announcement Date 3/31/20 4/1/21 4/1/22 4/3/23 9/5/24 4/2/25
1VND in Million2VND
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 5.13M
65.15x - - - 70.03B
12.7x4.44x11.39x3.79% 40.22B
18.87x4.07x16.38x1.3% 29.17B
8.31x1.49x8.38x4.26% 27.69B
5.63x0.73x1.53x8.79% 27.38B
14.61x3.17x15.15x2.39% 27.01B
10.24x2.01x7.75x4.1% 20.59B
8.02x2.91x6.53x-.--% 20.05B
13.28x6.44x16.94x1.64% 19.06B
Average 17.42x 3.16x 10.51x 3.28% 28.12B
Weighted average by Cap. 24.99x 3.16x 10.57x 3.45%

Y-o-Y evolution of P/E

Valuation ratios - P/E - DRH Holdings

Historical PBR trend

Valuation ratios - PBR - DRH Holdings

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - DRH Holdings

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - DRH Holdings

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