End-of-day quote
Ho Chi Minh S.E.
06:00:00 2024-05-06 pm EDT
|
5-day change
|
1st Jan Change
|
32,000
VND
|
+1.75%
|
|
+8.66%
|
+20.75%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
2,767,868
|
2,726,290
|
3,878,579
|
2,447,128
|
3,148,004
|
3,801,363
|
-
|
-
|
Enterprise Value (EV)
1 |
2,767,868
|
2,726,290
|
3,878,579
|
2,447,128
|
3,148,004
|
3,801,363
|
3,801,363
|
3,801,363
|
P/E ratio
|
11.1
x
|
10.6
x
|
13.3
x
|
7.93
x
|
12.7
x
|
13
x
|
12.1
x
|
12.4
x
|
Yield
|
6.44%
|
6.54%
|
5.21%
|
8.74%
|
-
|
5.73%
|
5.94%
|
5.31%
|
Capitalization / Revenue
|
0.72
x
|
0.75
x
|
0.89
x
|
0.5
x
|
0.7
x
|
0.73
x
|
0.65
x
|
0.63
x
|
EV / Revenue
|
0.72
x
|
0.75
x
|
0.89
x
|
0.5
x
|
0.7
x
|
0.73
x
|
0.65
x
|
0.63
x
|
EV / EBITDA
|
4.2
x
|
4.67
x
|
7.4
x
|
4.35
x
|
6.94
x
|
7.2
x
|
6.84
x
|
6.24
x
|
EV / FCF
|
7.39
x
|
3.41
x
|
-32.7
x
|
66.3
x
|
-
|
-14.7
x
|
67.9
x
|
70.4
x
|
FCF Yield
|
13.5%
|
29.3%
|
-3.05%
|
1.51%
|
-
|
-6.79%
|
1.47%
|
1.42%
|
Price to Book
|
1.7
x
|
1.62
x
|
2.19
x
|
1.28
x
|
-
|
2.04
x
|
1.95
x
|
-
|
Nbr of stocks (in thousands)
|
118,793
|
118,793
|
118,793
|
118,793
|
118,793
|
118,793
|
-
|
-
|
Reference price
2 |
23,300
|
22,950
|
32,650
|
20,600
|
26,500
|
32,000
|
32,000
|
32,000
|
Announcement Date
|
1/17/20
|
1/20/21
|
1/20/22
|
1/17/23
|
1/19/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
3,858,121
|
3,646,641
|
4,379,518
|
4,898,588
|
4,495,175
|
5,186,250
|
5,886,000
|
6,030,000
|
EBITDA
1 |
659,470
|
583,469
|
524,144
|
563,185
|
453,429
|
527,667
|
556,000
|
609,000
|
EBIT
1 |
-
|
322,082
|
365,263
|
385,530
|
306,989
|
403,750
|
443,333
|
471,000
|
Operating Margin
|
-
|
8.83%
|
8.34%
|
7.87%
|
6.83%
|
7.79%
|
7.53%
|
7.81%
|
Earnings before Tax (EBT)
1 |
312,993
|
320,514
|
364,265
|
386,675
|
307,092
|
380,750
|
413,000
|
384,000
|
Net income
1 |
250,385
|
256,548
|
290,948
|
308,471
|
247,741
|
304,250
|
330,333
|
307,000
|
Net margin
|
6.49%
|
7.04%
|
6.64%
|
6.3%
|
5.51%
|
5.87%
|
5.61%
|
5.09%
|
EPS
2 |
2,108
|
2,160
|
2,449
|
2,597
|
2,085
|
2,461
|
2,644
|
2,585
|
Free Cash Flow
1 |
374,707
|
799,770
|
-118,466
|
36,896
|
-
|
-258,000
|
56,000
|
54,000
|
FCF margin
|
9.71%
|
21.93%
|
-2.71%
|
0.75%
|
-
|
-4.97%
|
0.95%
|
0.9%
|
FCF Conversion (EBITDA)
|
56.82%
|
137.07%
|
-
|
6.55%
|
-
|
-
|
10.07%
|
8.87%
|
FCF Conversion (Net income)
|
149.65%
|
311.74%
|
-
|
11.96%
|
-
|
-
|
16.95%
|
17.59%
|
Dividend per Share
2 |
1,500
|
1,500
|
1,700
|
1,800
|
-
|
1,833
|
1,900
|
1,700
|
Announcement Date
|
1/17/20
|
1/20/21
|
1/20/22
|
1/17/23
|
1/19/24
|
-
|
-
|
-
|
Fiscal Period: December |
2022 Q2
|
2022 Q3
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
---|
Net sales
1 |
-
|
1,233,533
|
-
|
1,161,569
|
1,123,476
|
1,097,366
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
-
|
-
|
-
|
62,835
|
-
|
121,813
|
Operating Margin
|
-
|
-
|
-
|
5.41%
|
-
|
11.1%
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
83,881
|
79,486
|
25,407
|
50,914
|
-
|
95,771
|
Net margin
|
-
|
6.44%
|
-
|
4.38%
|
-
|
8.73%
|
EPS
|
706.0
|
-
|
214.0
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
7/15/22
|
1/17/23
|
4/18/23
|
7/17/23
|
10/16/23
|
1/19/24
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
374,707
|
799,770
|
-118,466
|
36,896
|
-
|
-258,000
|
56,000
|
54,000
|
ROE (net income / shareholders' equity)
|
15.9%
|
15.5%
|
16.8%
|
16.7%
|
13.2%
|
15.8%
|
17.6%
|
14.7%
|
ROA (Net income/ Total Assets)
|
9.04%
|
9.98%
|
10.5%
|
9.41%
|
7.26%
|
8.58%
|
8.87%
|
7.3%
|
Assets
1 |
2,770,601
|
2,569,383
|
2,784,192
|
3,279,579
|
3,412,175
|
3,548,105
|
3,725,563
|
4,205,479
|
Book Value Per Share
2 |
13,738
|
14,206
|
14,933
|
16,084
|
-
|
15,717
|
16,393
|
-
|
Cash Flow per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex
1 |
4,951
|
9,147
|
9,282
|
13,900
|
223,619
|
566,500
|
187,000
|
206,000
|
Capex / Sales
|
0.13%
|
0.25%
|
0.21%
|
0.28%
|
4.97%
|
10.92%
|
3.18%
|
3.42%
|
Announcement Date
|
1/17/20
|
1/20/21
|
1/20/22
|
1/17/23
|
1/19/24
|
-
|
-
|
-
|
Last Close Price
32,000
VND Average target price
33,150
VND Spread / Average Target +3.59% Consensus |
1st Jan change
|
Capi.
|
---|
| +20.75% | 147M | | +25.39% | 6.62B | | -3.72% | 6.43B | | -4.93% | 5.7B | | +8.91% | 4.84B | | -3.63% | 4.74B | | +18.04% | 4.63B | | +29.37% | 3.81B | | +5.51% | 3.67B | | +44.36% | 3.11B |
Tire & Tube Manufacturers
|