Financials Vinh Phuc Infrastructure Development

Equities

IDV

VN000000IDV7

Real Estate Development & Operations

End-of-day quote HANOI S.E. 18:00:00 2024-06-13 EDT 5-day change 1st Jan Change
40,400 VND -0.98% Intraday chart for Vinh Phuc Infrastructure Development -1.46% +24.22%

Valuation

Fiscal Period: September 2018 2019 2020 2021 2022 2023
Capitalization 1 428,498 592,994 858,705 1,257,793 953,615 1,092,865
Enterprise Value (EV) 1 1,088 271,351 419,408 802,940 695,621 741,168
P/E ratio 7.05 x 6.48 x 4.28 x 7.21 x 6.64 x 6.37 x
Yield - - - 2.52% 1.32% 4.16%
Capitalization / Revenue 5.76 x 4.76 x 3.9 x 10.4 x 8.52 x 5.93 x
EV / Revenue 0.01 x 2.18 x 1.9 x 6.64 x 6.22 x 4.02 x
EV / EBITDA 0.02 x 3.09 x 3.01 x 9.78 x 10.4 x 8.36 x
EV / FCF 0.03 x 7.42 x 7.71 x 27 x 13.3 x 9.06 x
FCF Yield 2,899% 13.5% 13% 3.71% 7.52% 11%
Price to Book 1.93 x 2.2 x 2.03 x 2.28 x 1.47 x 1.42 x
Nbr of stocks (in thousands) 31,811 31,811 32,383 34,948 34,815 34,814
Reference price 2 13,470 18,641 26,518 35,990 27,391 31,391
Announcement Date 10/29/18 10/28/19 11/19/21 11/19/21 11/2/22 11/7/23
1VND in Million2VND
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: September 2018 2019 2020 2021 2022 2023
Net sales 1 74,398 124,524 220,410 120,918 111,889 184,345
EBITDA 1 51,339 87,870 139,259 82,085 66,777 88,630
EBIT 1 41,017 79,870 128,237 69,397 55,252 72,272
Operating Margin 55.13% 64.14% 58.18% 57.39% 49.38% 39.2%
Earnings before Tax (EBT) 1 77,196 112,922 233,588 168,473 161,553 180,558
Net income 1 68,708 98,370 210,289 155,753 140,598 157,839
Net margin 92.35% 79% 95.41% 128.81% 125.66% 85.62%
EPS 2 1,910 2,877 6,193 4,992 4,125 4,927
Free Cash Flow 1 31,540 36,577 54,419 29,775 52,342 81,819
FCF margin 42.39% 29.37% 24.69% 24.62% 46.78% 44.38%
FCF Conversion (EBITDA) 61.43% 41.63% 39.08% 36.27% 78.38% 92.32%
FCF Conversion (Net income) 45.9% 37.18% 25.88% 19.12% 37.23% 51.84%
Dividend per Share - - - 905.8 362.3 1,304
Announcement Date 10/29/18 10/28/19 11/19/21 11/19/21 11/2/22 11/7/23
1VND in Million2VND
Estimates

Balance Sheet Analysis

Fiscal Period: September 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 427,410 321,643 439,296 454,853 257,993 351,697
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 31,540 36,577 54,419 29,775 52,342 81,819
ROE (net income / shareholders' equity) 32.5% 39.6% 60.6% 31.9% 23.3% 21.8%
ROA (Net income/ Total Assets) 3.45% 5.93% 7.35% 3.25% 2.31% 2.66%
Assets 1 1,988,705 1,659,441 2,862,511 4,793,421 6,090,186 5,938,056
Book Value Per Share 2 6,984 8,488 13,032 15,789 18,671 22,120
Cash Flow per Share 2 1,462 463.0 192.0 639.0 447.0 447.0
Capex 1 3,258 60,381 42,253 31,062 50,953 20,943
Capex / Sales 4.38% 48.49% 19.17% 25.69% 45.54% 11.36%
Announcement Date 10/29/18 10/28/19 11/19/21 11/19/21 11/2/22 11/7/23
1VND in Million2VND
Estimates
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