Company Valuation: HocMon Trade

Data adjusted to current consolidation scope
Fiscal Period: December 2023 2024 2025
Market Cap 1 363,000 514,800 556,050
Change - 41.82% 8.01%
Enterprise Value (EV) 1 226,266 393,716 447,474
Change - 74.01% 13.65%
P/E 11.4x 22.3x 21.4x
PBR 1.17x 1.7x 1.85x
PEG - -0.8x 1.7x
Capitalization / Revenue 0.35x 0.51x 0.55x
EV / Revenue 0.22x 0.39x 0.45x
EV / EBITDA 1.54x 9.79x 13.7x
EV / EBIT 4.99x 11.4x 16.7x
EV / FCF 24.6x 27.3x -12.8x
FCF Yield 4.06% 3.66% -7.81%
Dividend per Share 2 - 1,300 -
Rate of return - 4.17% -
EPS 2 1,924 1,397 1,576
Distribution rate - 93.1% -
Net sales 1 1,042,187 1,014,753 1,004,989
EBITDA 1 147,255 40,198 32,618
EBIT 1 45,366 34,447 26,835
Net income 1 46,169 30,655 29,487
Net Debt 1 -136,733 -121,084 -108,576
Reference price 2 22,000.00 31,200.00 33,700.00
Nbr of stocks (in thousands) 16,500 16,500 16,500
Announcement Date 25/2/25 25/2/25 10/3/26
1VND in Million2VND
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 17.83M
14.34x1.71x7.31x2.53% 675B
19.93x1.64x9.58x0.46% 182B
7.46x0.6x2.74x4.52% 117B
7.79x0.82x5.29x1.02% 112B
9.05x0.77x5.64x1.25% 112B
9.73x0.71x7x1.95% 104B
11.73x0.39x6.08x6.02% 96.01B
9.6x1.88x4.81x2.54% 80.69B
12.08x1.45x7.97x1.88% 63.65B
Average 11.30x 1.11x 6.27x 2.46% 154.24B
Weighted average by Cap. 12.80x 1.33x 6.76x 2.38%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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