Financials Sieu ThanhCorporation

Equities

ST8

VN000000ST84

Office Equipment

End-of-day quote Ho Chi Minh S.E. 18:00:00 2024-05-30 EDT 5-day change 1st Jan Change
8,900 VND -0.78% Intraday chart for Sieu ThanhCorporation -0.11% -51.37%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 488,697 496,413 282,930 360,093 196,765 470,693
Enterprise Value (EV) 1 407,665 429,847 190,903 334,127 -70,112 431,239
P/E ratio 15.3 x 24.2 x 18.3 x 23.5 x 0.96 x 127 x
Yield - 5.18% 4.55% 4.29% 111% -
Capitalization / Revenue 0.26 x 0.31 x 0.25 x 0.46 x 0.58 x 35.6 x
EV / Revenue 0.22 x 0.27 x 0.17 x 0.43 x -0.21 x 32.6 x
EV / EBITDA 6.93 x 13.1 x 6.73 x 12.5 x -0.29 x 1,645 x
EV / FCF -50.1 x -20.9 x 4.93 x -5.28 x -0.19 x -1.58 x
FCF Yield -1.99% -4.79% 20.3% -18.9% -531% -63.3%
Price to Book 1.73 x 1.78 x 1.01 x 1.28 x 0.76 x 1.8 x
Nbr of stocks (in thousands) 25,721 25,721 25,721 25,721 25,721 25,721
Reference price 2 19,000 19,300 11,000 14,000 7,650 18,300
Announcement Date 20-03-26 20-03-26 21-03-29 22-03-30 23-03-15 24-03-04
1VND in Million2VND
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,893,114 1,617,628 1,141,547 784,648 340,058 13,209
EBITDA 1 58,837 32,716 28,379 26,805 245,201 262.1
EBIT 1 43,113 16,853 14,307 12,545 244,137 253.4
Operating Margin 2.28% 1.04% 1.25% 1.6% 71.79% 1.92%
Earnings before Tax (EBT) 1 56,035 29,625 20,459 19,317 255,115 5,202
Net income 1 31,940 20,538 15,450 15,321 204,021 3,711
Net margin 1.69% 1.27% 1.35% 1.95% 60% 28.09%
EPS 2 1,242 798.5 600.7 595.7 7,932 144.3
Free Cash Flow 1 -8,129 -20,608 38,709 -63,266 372,340 -273,150
FCF margin -0.43% -1.27% 3.39% -8.06% 109.49% -2,067.95%
FCF Conversion (EBITDA) - - 136.4% - 151.85% -
FCF Conversion (Net income) - - 250.55% - 182.5% -
Dividend per Share - 1,000 500.0 600.0 8,500 -
Announcement Date 20-03-26 20-03-26 21-03-29 22-03-30 23-03-15 24-03-04
1VND in Million2VND
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 81,032 66,567 92,027 25,966 266,877 39,454
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -8,129 -20,608 38,709 -63,266 372,340 -273,150
ROE (net income / shareholders' equity) 13.1% 7.33% 4.81% 4.44% 69.7% 1.46%
ROA (Net income/ Total Assets) 5.84% 2.27% 1.78% 1.56% 38.9% 0.05%
Assets 1 546,558 903,054 869,918 982,308 524,867 6,910,153
Book Value Per Share 2 10,995 10,844 10,944 10,940 10,048 10,192
Cash Flow per Share 2 3,256 3,480 5,412 3,021 10,376 1,534
Capex 1 19,090 22,166 11,649 14,416 - 33,307
Capex / Sales 1.01% 1.37% 1.02% 1.84% - 252.16%
Announcement Date 20-03-26 20-03-26 21-03-29 22-03-30 23-03-15 24-03-04
1VND in Million2VND
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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