Company Valuation: HocMon Trade

Data adjusted to current consolidation scope
Fiscal Period: December 2023 2024 2025
Market Cap 1 363,000 514,800 556,050
Change - 41.82% 8.01%
Enterprise Value (EV) 1 226,266 393,716 447,474
Change - 74.01% 13.65%
P/E 11.4x 22.3x 21.4x
PBR 1.17x 1.7x 1.85x
PEG - -0.8x 1.7x
Capitalization / Revenue 0.35x 0.51x 0.55x
EV / Revenue 0.22x 0.39x 0.45x
EV / EBITDA 1.54x 9.79x 13.7x
EV / EBIT 4.99x 11.4x 16.7x
EV / FCF 24.6x 27.3x -12.8x
FCF Yield 4.06% 3.66% -7.81%
Dividend per Share 2 - 1,300 -
Rate of return - 4.17% -
EPS 2 1,924 1,397 1,576
Distribution rate - 93.1% -
Net sales 1 1,042,187 1,014,753 1,004,989
EBITDA 1 147,255 40,198 32,618
EBIT 1 45,366 34,447 26,835
Net income 1 46,169 30,655 29,487
Net Debt 1 -136,733 -121,084 -108,576
Reference price 2 22,000.00 31,200.00 33,700.00
Nbr of stocks (in thousands) 16,500 16,500 16,500
Announcement Date 2/25/25 2/25/25 3/10/26
1VND in Million2VND
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 16.89M
14.06x1.67x7.11x2.56% 667B
19x1.57x9.18x0.48% 172B
7.44x0.59x2.7x4.51% 117B
6.88x0.8x4.88x1.04% 110B
7.65x0.74x5x1.27% 110B
8.74x0.69x6.35x1.98% 102B
10.67x0.34x5.22x6.6% 90.43B
9.77x1.91x4.89x2.49% 80.2B
11.87x1.46x7.73x1.95% 60.27B
Average 10.68x 1.09x 5.90x 2.54% 150.84B
Weighted average by Cap. 12.24x 1.30x 6.43x 2.44%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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