KINHBAC CITY DEVELOPMENT HOLDING CORPORATION Financials KinhBac City Development Holding Corporation
Equities
KBC
VN000000KBC7
Real Estate Development & Operations
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 29,000 VND | -1.69% |
|
+3.57% | -8.66% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 7,257,795 | 11,462,149 | 34,641,419 | 18,576,035 | 24,371,451 | 22,260,538 | - | - |
| Enterprise Value (EV) 1 | 8,530,276 | 16,177,235 | 39,133,301 | 18,576,035 | 24,371,451 | 22,260,538 | 22,260,538 | 22,260,538 |
| P/E ratio | 8.49 x | 55.6 x | 38.3 x | 12 x | 12.2 x | 11.5 x | 6.72 x | 5.71 x |
| Yield | 6.47% | - | - | - | - | - | 3.45% | 3.45% |
| Capitalization / Revenue | 2.23 x | 5.32 x | 8.04 x | 19.4 x | 4.32 x | 3.18 x | 2.19 x | 1.91 x |
| EV / Revenue | 2.23 x | 5.32 x | 8.04 x | 19.4 x | 4.32 x | 3.18 x | 2.19 x | 1.91 x |
| EV / EBITDA | 4.51 x | 26.5 x | 14.8 x | 10.5 x | 8.13 x | 7.56 x | 4.24 x | 3.43 x |
| EV / FCF | 5,738,542 x | -3,666,701 x | -23,524,597 x | - | - | - | - | - |
| FCF Yield | 0% | -0% | -0% | - | - | - | - | - |
| Price to Book | 0.77 x | 1.18 x | 2.49 x | 1.15 x | 1.34 x | 1.15 x | - | - |
| Nbr of stocks (in thousands) | 626,347 | 626,347 | 759,680 | 767,605 | 767,605 | 767,605 | - | - |
| Reference price 2 | 11,588 | 18,300 | 45,600 | 24,200 | 31,750 | 29,000 | 29,000 | 29,000 |
| Announcement Date | 1/30/20 | 1/30/21 | 1/29/22 | 1/30/23 | 1/30/24 | - | - | - |
1VND in Million2VND
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,249,677 | 2,154,247 | 4,308,617 | 957,337 | 5,644,663 | 7,002,500 | 10,166,000 | 11,654,000 |
| EBITDA 1 | 1,610,002 | 432,668 | 2,336,318 | 1,776,177 | 2,996,629 | 2,944,500 | 5,245,000 | 6,490,000 |
| EBIT 1 | 1,415,558 | 429,990 | 1,485,841 | 1,708,414 | 2,861,165 | 2,476,000 | 4,663,000 | 5,775,000 |
| Operating Margin | 43.56% | 19.96% | 34.49% | 178.45% | 50.69% | 35.36% | 45.87% | 49.55% |
| Earnings before Tax (EBT) 1 | 1,388,992 | 430,089 | 1,364,655 | 1,718,873 | 2,865,234 | 2,344,500 | 4,485,000 | 5,385,000 |
| Net income 1 | 855,046 | 297,387 | 783,709 | 1,547,311 | 1,995,556 | 1,998,750 | 3,313,000 | 3,902,000 |
| Net margin | 26.31% | 13.8% | 18.19% | 161.63% | 35.35% | 28.54% | 32.59% | 33.48% |
| EPS 2 | 1,365 | 329.2 | 1,191 | 2,019 | 2,600 | 2,526 | 4,316 | 5,083 |
| Free Cash Flow | 1,264,746 | -3,126,013 | -1,472,562 | - | - | - | - | - |
| FCF margin | 38.92% | -145.11% | -34.18% | - | - | - | - | - |
| FCF Conversion (EBITDA) | 78.56% | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | 147.92% | - | - | - | - | - | - | - |
| Dividend per Share 2 | 750.0 | - | - | - | - | - | 1,000 | 1,000 |
| Announcement Date | 1/30/20 | 1/30/21 | 1/29/22 | 1/30/23 | 1/30/24 | - | - | - |
1VND in Million2VND
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | 1,272,482 | 4,715,086 | 4,491,882 | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.7904 x | 10.9 x | 1.923 x | - | - | - | - | - |
| Free Cash Flow | 1,264,746 | -3,126,013 | -1,472,562 | - | - | - | - | - |
| ROE (net income / shareholders' equity) | 9.26% | 2.34% | 6.63% | 10.2% | 11.7% | 8.9% | 15.9% | 16.5% |
| ROA (Net income/ Total Assets) | 5.11% | 1.48% | 2.88% | 4.69% | 5.84% | 5.1% | 8.5% | 9.2% |
| Assets 1 | 16,732,800 | 20,110,012 | 27,243,326 | 32,967,031 | 34,163,462 | 39,191,176 | 38,976,471 | 42,413,043 |
| Book Value Per Share 2 | 15,039 | 15,487 | 18,285 | 20,956 | 23,633 | 25,233 | - | - |
| Cash Flow per Share | - | - | -1,873 | - | - | - | - | - |
| Capex 1 | 137,968 | 212,808 | 240,288 | 171,330 | 1,319,049 | 210,000 | 264,000 | 307,000 |
| Capex / Sales | 4.25% | 9.88% | 5.58% | 17.9% | 23.37% | 3% | 2.6% | 2.63% |
| Announcement Date | 1/30/20 | 1/30/21 | 1/29/22 | 1/30/23 | 1/30/24 | - | - | - |
1VND in Million2VND
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
D+
Sell
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
29,000
VND
Average target price
38,604
VND
Spread / Average Target
+33.12%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -8.66% | 879M | |
| +36.16% | 27.94B | |
| -13.74% | 26.97B | |
| +25.00% | 26.95B | |
| -0.71% | 25.32B | |
| +44.49% | 22.58B | |
| +2.78% | 19.59B | |
| +1.45% | 19.52B | |
| +28.54% | 16.23B | |
| -14.80% | 14.98B |
- Stock Market
- Equities
- KBC Stock
- Financials KinhBac City Development Holding Corporation
