Financials The PAN Group

Equities

PAN

VN000000PAN5

Food Processing

End-of-day quote Ho Chi Minh S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
21,300 VND 0.00% Intraday chart for The PAN Group +4.16% +5.45%

Valuation

Fiscal Period: December 2018 2019 2021 2022 2023 2024
Capitalization 1 5,807,234 4,844,900 8,042,448 3,122,977 4,449,458 4,449,458
Enterprise Value (EV) 1 5,807,234 4,844,900 8,042,448 3,122,977 4,219,674 4,449,458
P/E ratio 16.5 x 14.9 x 27.2 x 8.61 x 10.3 x 9.48 x
Yield - - - - - -
Capitalization / Revenue 0.74 x 0.62 x - 0.23 x 0.32 x 0.29 x
EV / Revenue 0.74 x 0.62 x - 0.23 x 0.32 x 0.29 x
EV / EBITDA - 6.25 x - - 2.94 x 2.55 x
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book - 1.02 x - - 0.51 x 0.83 x
Nbr of stocks (in thousands) 208,593 216,290 208,895 208,895 208,895 208,895
Reference price 2 27,840 22,400 38,500 14,950 21,300 21,300
Announcement Date 1/30/19 1/31/20 1/28/22 1/31/23 1/26/24 -
1VND in Million2VND
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2021 2022 2023 2024
Net sales 1 7,832,336 7,783,530 - 13,662,846 13,204,957 15,497,000
EBITDA 1 - 775,256 - - 1,437,290 1,746,000
EBIT 1 - 508,154 - - 949,501 1,076,000
Operating Margin - 6.53% - - 7.19% 6.94%
Earnings before Tax (EBT) 1 - - - - 957,759 1,077,000
Net income 1 - 256,673 295,332 362,896 407,687 486,000
Net margin - 3.3% - 2.66% 3.09% 3.14%
EPS 2 1,686 1,507 1,414 1,737 1,952 2,248
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 1/30/19 1/31/20 1/28/22 1/31/23 1/26/24 -
1VND in Million2VND
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2021 2022 2023 2024
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) - 6.87% - 8.42% 5.03% 9.8%
ROA (Net income/ Total Assets) - 2.54% - - 2.25% 5%
Assets 1 - 10,101,651 - - 18,148,458 9,720,000
Book Value Per Share 2 - 21,890 - - 39,928 25,602
Cash Flow per Share - - - - - -
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 1/30/19 1/31/20 1/28/22 1/31/23 1/26/24 -
1VND in Million2VND
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
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Annual profits - Rate of surprise

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