PETROVIETNAM TECHNICAL SERVICES CORPORATION Financials PetroVietnam Technical Services Corporation
Equities
PVS
VN000000PVS0
Oil Related Services and Equipment
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 39,700 VND | +1.02% |
|
+2.32% | +4.47% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 8,364,410 | 8,507,800 | 13,048,480 | 10,228,479 | 18,162,719 | 18,784,075 | - | - |
| Enterprise Value (EV) 1 | 27,859 | 1,193,232 | 4,409,125 | 1,547,744 | 18,162,719 | 18,784,075 | 18,784,075 | 18,784,075 |
| P/E ratio | 12.9 x | 16.2 x | 21.7 x | 13.6 x | 24.1 x | 18.5 x | 15.9 x | 9.59 x |
| Yield | 5.71% | 5.62% | 3.66% | 3.74% | - | 2.23% | 2.29% | 1.78% |
| Capitalization / Revenue | 0.49 x | 0.43 x | 0.92 x | 0.62 x | 0.94 x | 0.7 x | 0.63 x | 0.36 x |
| EV / Revenue | 0.49 x | 0.43 x | 0.92 x | 0.62 x | 0.94 x | 0.7 x | 0.63 x | 0.36 x |
| EV / EBITDA | 13.5 x | 21.2 x | 25.8 x | 21.4 x | 56.9 x | 14.4 x | 12.9 x | 7.36 x |
| EV / FCF | 8.58 x | -7.2 x | -28.3 x | 10.2 x | -15 x | 19.7 x | 23.3 x | 7 x |
| FCF Yield | 11.7% | -13.9% | -3.53% | 9.77% | -6.68% | 5.08% | 4.29% | 14.3% |
| Price to Book | 0.71 x | 0.7 x | 1.11 x | 0.84 x | 1.54 x | 1.49 x | - | - |
| Nbr of stocks (in thousands) | 477,966 | 477,966 | 477,966 | 477,966 | 477,966 | 477,966 | - | - |
| Reference price 2 | 17,500 | 17,800 | 27,300 | 21,400 | 38,000 | 39,300 | 39,300 | 39,300 |
| Announcement Date | 20-01-31 | 21-01-24 | 22-01-28 | 23-03-27 | 24-02-01 | - | - | - |
1VND in Million2VND
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 17,232,812 | 19,832,321 | 14,237,828 | 16,372,513 | 19,349,376 | 26,986,500 | 29,628,267 | 51,999,000 |
| EBITDA 1 | 619,312 | 400,416 | 505,102 | 478,538 | 319,407 | 1,304,000 | 1,454,150 | 2,552,000 |
| EBIT 1 | 842,344 | -125,195 | 4,733 | 7,366 | -187,552 | 626,000 | 784,800 | 1,922,000 |
| Operating Margin | 4.89% | -0.63% | 0.03% | 0.04% | -0.97% | 2.32% | 2.65% | 3.7% |
| Earnings before Tax (EBT) 1 | 948,300 | 1,041,841 | 815,983 | 1,173,640 | 1,103,116 | 1,423,500 | 1,713,867 | 2,964,000 |
| Net income 1 | 730,667 | 648,577 | 602,035 | 883,636 | 866,117 | 1,081,000 | 1,454,500 | 2,227,000 |
| Net margin | 4.24% | 3.27% | 4.23% | 5.4% | 4.48% | 4.01% | 4.91% | 4.28% |
| EPS 2 | 1,356 | 1,096 | 1,260 | 1,575 | 1,579 | 2,119 | 2,473 | 4,100 |
| Free Cash Flow 1 | 974,781 | -1,181,474 | -460,811 | 999,239 | -1,212,499 | 955,000 | 804,950 | 2,683,000 |
| FCF margin | 5.66% | -5.96% | -3.24% | 6.1% | -6.27% | 3.54% | 2.72% | 5.16% |
| FCF Conversion (EBITDA) | 157.4% | - | - | 208.81% | - | 73.24% | 55.36% | 105.13% |
| FCF Conversion (Net income) | 133.41% | - | - | 113.08% | - | 88.34% | 55.34% | 120.48% |
| Dividend per Share 2 | 1,000 | 1,000 | 1,000 | 800.0 | - | 875.0 | 900.0 | 700.0 |
| Announcement Date | 20-01-31 | 21-01-24 | 22-01-28 | 23-03-27 | 24-02-01 | - | - | - |
1VND in Million2VND
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - | - | - |
| Net Cash position | 8,336,551 | 7,314,568 | 8,639,355 | 8,680,735 | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 974,781 | -1,181,474 | -460,811 | 999,239 | -1,212,499 | 955,000 | 804,950 | 2,683,000 |
| ROE (net income / shareholders' equity) | 6.17% | 5.32% | 5.03% | 7.33% | 6.55% | 8.1% | 10.3% | 13.2% |
| ROA (Net income/ Total Assets) | 3.03% | 2.47% | 2.36% | 3.49% | 3.31% | 3.85% | 4.45% | 5.6% |
| Assets 1 | 24,082,633 | 26,258,182 | 25,486,089 | 25,349,597 | 26,162,735 | 28,077,922 | 32,685,393 | 39,767,857 |
| Book Value Per Share 2 | 24,741 | 25,411 | 24,674 | 25,564 | 24,692 | 26,443 | - | - |
| Cash Flow per Share | - | -1,276 | - | - | - | - | - | - |
| Capex 1 | 870,967 | 501,921 | 247,888 | 498,418 | 901,454 | 1,550,000 | 742,200 | 650,000 |
| Capex / Sales | 5.05% | 2.53% | 1.74% | 3.04% | 4.66% | 5.74% | 2.51% | 1.25% |
| Announcement Date | 20-01-31 | 21-01-24 | 22-01-28 | 23-03-27 | 24-02-01 | - | - | - |
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
39,300
VND
Average target price
42,160
VND
Spread / Average Target
+7.28%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +4.47% | 740M | |
| -8.57% | 68.01B | |
| +1.52% | 32.49B | |
| -6.55% | 31.87B | |
| +28.75% | 11.18B | |
| +24.98% | 8.94B | |
| -8.48% | 7.34B | |
| +14.86% | 6.39B | |
| +42.81% | 5.72B | |
| +30.20% | 4.95B |
- Stock Market
- Equities
- PVS Stock
- Financials PetroVietnam Technical Services Corporation
