Valuation Viet Nam Renewable Energy Group

Stocks

End-of-day quote HANOI S.E. Other stock markets 2026-08-05			5-day change	1st Jan Change
4,600.00 ^VND	0.00%		+4.55%	-8.00%

07-31	Alpha Seven Group Joint Stock Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
05-11	Alpha Seven Group Joint Stock Company Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Market Cap ¹	3,085,909	1,477,189	318,708	446,192	541,804	584,299
Change	-	-52.13%	-78.42%	40%	21.43%	7.84%
Enterprise Value (EV) ¹	3,216,105	2,074,261	1,522,885	1,245,512	1,116,551	1,200,405
Change	-	-35.5%	-26.58%	-18.21%	-10.35%	7.51%
P/E	87.2x	32.6x	12x	10.6x	392x	227x
PBR	2.79x	1.28x	0.27x	0.36x	0.44x	0.47x
PEG	-	1.2x	-0.3x	0.2x	-4.1x	2.6x
Capitalization / Revenue	16.4x	14.7x	1.14x	1.59x	1.03x	0.74x
EV / Revenue	17.1x	20.6x	5.45x	4.43x	2.12x	1.51x
EV / EBITDA	428x	281x	9.73x	7.48x	6.09x	9.53x
EV / EBIT	558x	631x	15.7x	11.6x	10.3x	32.2x
EV / FCF	9.74x	-5.58x	8.33x	-13.3x	-10.9x	5.08x
FCF Yield	10.3%	-17.9%	12%	-7.55%	-9.14%	19.7%
Dividend per Share ²	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-
EPS ²	302.9	387.2	226.4	360.9	11.82	22
Distribution rate	-	-	-	-	-	-
Net sales ¹	188,611	100,694	279,285	281,273	525,468	793,054
EBITDA ¹	7,523	7,371	156,449	166,430	183,375	125,961
EBIT ¹	5,760	3,289	97,175	107,445	108,637	37,228
Net income ¹	35,399	45,252	45,302	42,188	1,386	4,054
Net Debt ¹	130,195	597,072	1,204,176	799,321	574,747	616,107
Reference price ²	26,406.93	12,640.69	2,727.27	3,818.18	4,636.36	5,000.00
Nbr of stocks (in thousands)	116,860	116,860	116,860	116,860	116,860	116,860
Announcement Date	4/28/21	4/1/22	4/3/23	4/3/24	4/2/25	4/2/26