Company Valuation: Coteccons Construction

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,806,154 3,973,640 5,127,142 7,005,094 8,544,016 6,541,658 - -
Change - -17.32% 29.03% 36.63% 21.97% -23.44% - -
Enterprise Value (EV) 1 1,522,479 3,973,640 5,127,142 7,005,094 8,544,016 6,241,707 4,665,858 4,359,258
Change - 161% 29.03% 36.63% 21.97% -26.95% -10.26% -6.57%
P/E 198x 192x 97.3x - - - - -
PBR 0.58x 0.48x - - 0.97x 0.65x 0.65x -
PEG - -13.6x 1x - - - - -
Capitalization / Revenue 0.53x 0.27x 0.76x 0.36x 0.34x 0.24x 0.17x 0.16x
EV / Revenue 0.17x 0.27x 0.76x 0.36x 0.34x 0.18x 0.12x 0.11x
EV / EBITDA -10.6x -28x - - 14.4x 7.1x 3.64x 2.98x
EV / EBIT -6.14x -16x - 73.5x 17.9x 8.13x 4.28x 4.32x
EV / FCF 4.74x -2.18x - -13.3x - 21.8x -17.1x 274x
FCF Yield 21.1% -45.8% - -7.51% - 4.59% -5.84% 0.36%
Dividend per Share 2 679.7 - - - - 952 1,000 1,000
Rate of return 1.54% - - - - 1.63% 1.71% 1.71%
EPS 2 221.8 190.5 481.6 - - - - -
Distribution rate 306% - - - - - - -
Net sales 1 9,087,304 14,538,688 6,748,538 19,227,626 24,866,699 34,339,621 38,383,667 40,970,000
EBITDA 1 -143,267 -141,735 - - 592,320 878,978 1,281,000 1,463,000
EBIT 1 -247,777 -248,024 - 95,330 478,619 768,190 1,089,600 1,008,950
Net income 1 24,191 20,712 - - - 787,855 887,000 1,004,500
Net Debt 1 -3,283,674 - - - - -1,879,832 -1,875,800 -2,182,400
Reference price 2 44,013.61 36,598.64 46,870.75 63,582.77 77,551.02 58,500.00 58,500.00 58,500.00
Nbr of stocks (in thousands) 109,197 108,573 109,389 110,173 110,173 111,823 - -
Announcement Date 27/1/22 30/1/23 28/7/23 1/8/24 30/7/25 30/7/26 - -
1VND in Million2VND
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- 0.16x5.24x - 251M
55.55x2.56x24.44x0.07% 96.62B
12.32x1.05x5.78x4.74% 71.21B
33.61x4.22x22.93x0.2% 57.1B
26.25x2.02x19.86x1.17% 55.69B
51.14x4.05x25.76x1.85% 40.35B
27.41x0.69x11.34x2.25% 34.75B
23.13x1.58x14.56x0.2% 33.37B
22.16x0.44x7.02x2.71% 30.42B
4.97x0.31x5.8x5.91% 26.52B
Average 28.51x 1.71x 14.27x 2.12% 44.63B
Weighted average by Cap. 31.88x 2.10x 16.75x 1.84%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. CTD Stock
  4. Valuation Coteccons Construction
-40%: Exceptional extension
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