Financials KOSY

Equities

KOS

VN000000KOS6

Real Estate Development & Operations

End-of-day quote Ho Chi Minh S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
37,750 VND +0.13% Intraday chart for KOSY +1.75% -4.79%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023
Capitalization 1 2,863,500 2,647,181 6,959,875 8,226,291 8,583,485
Enterprise Value (EV) 1 3,225,455 3,405,060 8,152,237 10,149,417 10,495,060
P/E ratio 143 x 192 x 374 x 478 x 408 x
Yield 1.81% - - - -
Capitalization / Revenue 2.69 x 2.02 x 6.29 x 6.12 x 6.52 x
EV / Revenue 3.03 x 2.6 x 7.37 x 7.55 x 7.98 x
EV / EBITDA 74.2 x 77.2 x 288 x 66.5 x 59.7 x
EV / FCF -14.9 x -10.2 x -13.8 x -12.5 x -15,426 x
FCF Yield -6.72% -9.81% -7.22% -8.02% -0.01%
Price to Book 2.52 x 2.28 x 3.08 x 3.61 x 3.73 x
Nbr of stocks (in thousands) 108,938 108,938 216,481 216,481 216,481
Reference price 2 26,286 24,300 32,150 38,000 39,650
Announcement Date 4/13/20 3/26/21 4/1/22 3/30/23 4/1/24
1VND in Million2VND
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 900,018 1,062,828 1,308,626 1,106,568 1,343,460 1,315,815
EBITDA 1 68,478 43,460 44,126 28,331 152,669 175,810
EBIT 1 66,453 39,244 38,302 21,338 101,639 104,301
Operating Margin 7.38% 3.69% 2.93% 1.93% 7.57% 7.93%
Earnings before Tax (EBT) 1 58,025 25,879 33,736 30,371 32,383 31,526
Net income 1 45,064 20,063 21,912 22,549 21,719 21,063
Net margin 5.01% 1.89% 1.67% 2.04% 1.62% 1.6%
EPS 2 621.9 184.2 126.4 85.88 79.51 97.30
Free Cash Flow 1 -549,431 -216,808 -333,961 -588,652 -813,837 -680.4
FCF margin -61.05% -20.4% -25.52% -53.2% -60.58% -0.05%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - 476.2 - - - -
Announcement Date 3/22/19 4/13/20 3/26/21 4/1/22 3/30/23 4/1/24
1VND in Million2VND
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 149,820 361,955 757,878 1,192,362 1,923,126 1,911,575
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.188 x 8.328 x 17.18 x 42.09 x 12.6 x 10.87 x
Free Cash Flow 1 -549,431 -216,808 -333,961 -588,652 -813,837 -680
ROE (net income / shareholders' equity) 5.76% 1.78% 1.91% 1.32% 0.96% 0.92%
ROA (Net income/ Total Assets) 3.38% 1.36% 1.17% 0.44% 1.46% 1.36%
Assets 1 1,333,647 1,480,535 1,879,689 5,135,185 1,489,141 1,549,066
Book Value Per Share 2 10,251 10,435 10,636 10,424 10,523 10,621
Cash Flow per Share 2 1,414 50.10 181.0 72.90 211.0 16.60
Capex 1 9,641 16,457 2,565 161,380 181,682 11,644
Capex / Sales 1.07% 1.55% 0.2% 14.58% 13.52% 0.88%
Announcement Date 3/22/19 4/13/20 3/26/21 4/1/22 3/30/23 4/1/24
1VND in Million2VND
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise