Valuation Thong Nhat

Stocks

End-of-day quote HANOI S.E. 2026-10-19			5-day change	1st Jan Change
27,000.00 ^VND	-10.00%		0.00%	-20.59%

10-11	Thong Nhat Joint Stock Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2026	CI
07-17	Thong Nhat Joint Stock Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2023	2024	2025
Market Cap ¹	335,380	332,100	278,800
Change	-	-0.98%	-16.05%
Enterprise Value (EV) ¹	109,871	110,600	36,191
Change	-	0.66%	-67.28%
P/E	14.1x	12.7x	8.19x
PBR	1.59x	1.58x	1.25x
PEG	-	1.3x	0.3x
Capitalization / Revenue	4.5x	4.55x	2.53x
EV / Revenue	1.47x	1.52x	0.33x
EV / EBITDA	3.95x	3.25x	0.82x
EV / EBIT	7.94x	5.22x	1.14x
EV / FCF	11.2x	-4.76x	6.52x
FCF Yield	8.93%	-21%	15.3%
Dividend per Share ²	2,500	2,500	-
Rate of return	6.11%	6.17%	-
EPS ²	2,891	3,183	4,150
Distribution rate	86.5%	78.5%	-
Net sales ¹	74,523	72,990	110,181
EBITDA ¹	27,830	34,033	44,252
EBIT ¹	13,835	21,176	31,734
Net income ¹	28,766	26,579	35,825
Net Debt ¹	-225,509	-221,500	-242,609
Reference price ²	40,900.00	40,500.00	34,000.00
Nbr of stocks (in thousands)	8,200	8,200	8,200
Announcement Date	2/21/25	2/21/25	2/26/26

¹VND in Million²VND

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
THONG NHAT	-	-	-	-	8.57M
VINGROUP	64.94x	-	-	-	69.72B
SUN HUNG KAI PROPERTIES LIMITED	12.56x	4.4x	11.29x	3.83%	39.78B
MITSUBISHI ESTATE CO., LTD.	18.68x	4.05x	16.29x	1.31%	28.81B
MITSUI FUDOSAN CO., LTD.	14.58x	3.16x	15.14x	2.4%	26.9B
CHINA RESOURCES LAND LIMITED	8.07x	1.47x	8.25x	4.39%	26.87B
EMAAR PROPERTIES	5.7x	0.76x	1.57x	8.68%	27.72B
VINHOMES	8.52x	3.02x	7.05x	-.--%	20.19B
CK ASSET HOLDINGS LIMITED	10.26x	2.01x	7.76x	4.09%	20.62B
SUMITOMO REALTY & DEVELOPMENT CO., LTD.	13.34x	6.46x	16.98x	1.63%	19.11B
Average	17.40x	3.17x	10.54x	3.29%	27.97B
Weighted average by Cap.	24.92x	3.16x	10.56x	3.47%