Financials Century Land

Equities

CRE

VN000000CRE6

Real Estate Services

End-of-day quote Ho Chi Minh S.E. 06:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
8,100 VND +0.12% Intraday chart for Century Land +0.12% -5.81%

Valuation

Fiscal Period: December 2018 2019 2020 2021
Capitalization 1 2,100,000 1,983,997 2,755,196 8,265,577
Enterprise Value (EV) 1 1,879,423 1,791,038 3,164,790 8,396,208
P/E ratio 7.17 x 5.1 x 9.38 x 11.2 x
Yield - 4.03% - -
Capitalization / Revenue 1.24 x 0.86 x 1.3 x 1.48 x
EV / Revenue 1.11 x 0.77 x 1.49 x 1.5 x
EV / EBITDA 4,623,349 x 3,435,700 x 8,402,207 x 12,673,269 x
EV / FCF -12,102,866 x 51,787,213 x 7,379,616 x -23,131,502 x
FCF Yield -0% 0% 0% -0%
Price to Book 1.43 x 1.08 x 1.37 x 2.42 x
Nbr of stocks (in thousands) 137,280 137,280 137,280 262,079
Reference price 2 15,297 14,452 20,070 31,538
Announcement Date 3/30/20 3/30/20 4/20/21 6/3/22
1VND in Million2VND
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2016 2017 2018 2019 2020 2021
Net sales 1 605,062 1,115,461 1,687,184 2,312,431 2,117,495 5,597,582
EBITDA - 322,209 406,507 521,302 376,662 662,513
EBIT 1 173,105 320,002 400,062 510,359 364,295 648,094
Operating Margin 28.61% 28.69% 23.71% 22.07% 17.2% 11.58%
Earnings before Tax (EBT) 1 168,104 315,996 400,683 491,211 374,011 571,883
Net income 1 135,458 246,199 315,301 388,774 293,765 457,983
Net margin 22.39% 22.07% 18.69% 16.81% 13.87% 8.18%
EPS 2 3,795 4,360 2,132 2,832 2,140 2,823
Free Cash Flow - -164,174 -155,287 34,585 428,856 -362,977
FCF margin - -14.72% -9.2% 1.5% 20.25% -6.48%
FCF Conversion (EBITDA) - - - 6.63% 113.86% -
FCF Conversion (Net income) - - - 8.9% 145.99% -
Dividend per Share 2 364.2 - - 582.8 - -
Announcement Date 8/28/18 8/28/18 3/30/20 3/30/20 4/20/21 6/3/22
1VND in Million2VND
Estimates

Balance Sheet Analysis

Fiscal Period: December 2016 2017 2018 2019 2020 2021
Net Debt 1 255,651 38,732 - - 409,594 130,631
Net Cash position 1 - - 220,577 192,960 - -
Leverage (Debt/EBITDA) - 0.1202 x - - 1.087 x 0.1972 x
Free Cash Flow - -164,174 -155,287 34,585 428,856 -362,977
ROE (net income / shareholders' equity) - 55.1% 31% 23.2% 15.2% 16.4%
ROA (Net income/ Total Assets) - 20.2% 14.8% 12.7% 7.01% 8.04%
Assets 1 - 1,218,439 2,132,691 3,053,091 4,188,507 5,699,632
Book Value Per Share 2 9,322 8,150 10,678 13,358 14,676 13,016
Cash Flow per Share 2 2,080 893.0 2,351 1,220 1,393 468.0
Capex 1 4,640 11,561 70,818 111,042 16,022 53,832
Capex / Sales 0.77% 1.04% 4.2% 4.8% 0.76% 0.96%
Announcement Date 8/28/18 8/28/18 3/30/20 3/30/20 4/20/21 6/3/22
1VND in Million2VND
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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