Valuation Thaiholdings

Stocks

End-of-day quote HANOI S.E. Other stock markets 2026-06-11			5-day change	1st Jan Change
147,000.00 ^VND	+1.73%		+1.38%	+385.15%

04-23	Thaiholdings Joint Stock Company Reports Earnings Results for the First Quarter Ended March 31, 2026	CI
01-19	Thaiholdings Joint Stock Company Reports Earnings Results for the Fourth Quarter Ended December 31, 2025	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Market Cap ¹	6,198,500	96,950,000	13,650,000	13,590,499	13,667,499	11,665,499
Change	-	1,464.09%	-85.92%	-0.44%	0.57%	-14.65%
Enterprise Value (EV) ¹	9,331,016	98,974,603	14,450,006	13,454,357	13,599,208	11,646,316
Change	-	960.71%	-85.4%	-6.89%	1.08%	-14.36%
P/E Ratio	48.9x	97.9x	56x	77x	162x	116x
PBR	4.34x	18.2x	2.71x	2.6x	3.17x	2.64x
PEG	-	4.8x	-0.7x	-2.8x	-3.1x	6x
Capitalization / Revenue	3.4x	11.8x	3.32x	7.27x	14x	11.9x
EV / Revenue	5.13x	12x	3.51x	7.19x	14x	11.9x
EV / EBITDA	60.3x	209x	79.5x	-62.7x	-2,764x	-3,700x
EV / EBIT	64.3x	517x	880x	-61.6x	-2,727x	-3,663x
EV / FCF	6.79x	-48.5x	-18.1x	-42.6x	-10.1x	-109x
FCF Yield	14.7%	-2.06%	-5.53%	-2.35%	-9.89%	-0.92%
Dividend per Share ²	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-
EPS ²	2,137	2,573	633.6	458.4	218.7	261
Distribution rate	-	-	-	-	-	-
Net sales ¹	1,820,617	8,242,532	4,112,640	1,870,236	973,631	978,528
EBITDA ¹	154,767	473,698	181,814	-214,652	-4,921	-3,147
EBIT ¹	145,082	191,402	16,415	-218,300	-4,988	-3,180
Net income ¹	822,952	947,113	243,942	176,503	84,195	100,602
Net Debt ¹	3,132,516	2,024,603	800,006	-136,142	-68,291	-19,183
Reference price ²	104,545.45	251,818.18	35,454.55	35,300.00	35,500.00	30,300.00
Nbr of stocks (in thousands)	59,290	385,000	385,000	385,000	385,000	385,000
Announcement Date	3/12/22	3/12/22	3/20/23	4/8/24	3/31/25	4/3/26