Company Valuation: Vietnam Rubber Industry Group -

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2023 2024 2025 2026 2027 2028
Market Cap 1 147,800,000 84,800,000 121,400,000 104,800,000 125,000,000 - -
Change - - 43.16% -13.67% 19.27% - -
Enterprise Value (EV) 147,800,000 84,800,000 121,400,000 104,800,000 125,000,000 125,000,000 125,000,000
Change - - 43.16% -13.67% 19.27% 0% 0%
P/E - 43.7x 23.5x 21x 15.1x 15.1x 16.2x
PBR - - 2.29x 1.86x 1.96x 1.71x 1.54x
PEG - - 0x -6.94x 0.2x 125.21x -2.3x
Capitalization / Revenue - 3.83x 4.62x 3.6x 3.77x 3.77x 3.67x
EV / Revenue - 0x 0x 0x 3.77x 3.77x 3.67x
EV / EBITDA 0x 0x 0x 0x 12.4x 12.8x 12.5x
EV / EBIT - 0x 0x 0x 21.4x 19.9x 18.6x
EV / FCF - - - - 22x 20.5x 18.6x
FCF Yield - - - - 4.55% 4.87% 5.37%
Dividend per Share 2 600 - - - 1,000 766.7 766.7
Rate of return 1.62% - - - 3.2% 2.45% 2.45%
EPS 2 - 485 1,289 1,250 2,073 2,076 1,929
Distribution rate - - - - 48.2% 36.9% 39.7%
Net sales 1 - 22,138,403 26,254,333 29,078,056 33,184,500 33,131,333 34,062,667
EBITDA 1 7,498,877 4,995,423 6,839,690 8,068,273 10,083,000 9,780,667 10,028,000
EBIT 1 - 2,506,997 4,213,868 4,965,910 5,854,500 6,288,750 6,734,333
Net income 1 - 2,623,175 4,213,320 5,318,552 7,430,167 7,920,833 7,433,000
Net Debt - - - - - - -
Reference price 2 36,950.00 21,200.00 30,350.00 26,200.00 31,250.00 31,250.00 31,250.00
Nbr of stocks (in thousands) 4,000,000 4,000,000 4,000,000 4,000,000 4,000,000 - -
Announcement Date 4/5/22 3/20/24 1/26/25 3/29/26 - - -
1VND in Million2VND
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.07x - - 3.2% 4.84B
13.74x1.05x5.61x3.35% 31.5B
13.52x0.95x5.34x4.16% 24.12B
14.39x1.22x5.3x4.04% 7.93B
7.8x1.04x5.02x3.71% 6.29B
8.64x0.89x5.08x3.43% 5.52B
23.3x1.47x11.38x0.2% 5.22B
5.31x0.46x2.96x5.26% 5.19B
8.45x - - 3.07% 4.88B
25.35x3.2x15.3x0.9% 4.22B
Average 13.56x 1.29x 7.00x 3.13% 9.97B
Weighted average by Cap. 13.44x 1.12x 6.07x 3.44%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Vietnam Rubber Industry Group -

Historical PBR trend

Valuation ratios - PBR - Vietnam Rubber Industry Group -

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Vietnam Rubber Industry Group -

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Vietnam Rubber Industry Group -


Year-on-year evolution of the Yield

Valuation ratios - Yield - Vietnam Rubber Industry Group -
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