Valuation The Southern Rubber Industry

Stocks

End-of-day quote Ho Chi Minh S.E. Other stock markets 31/07/2026			5-day change	1st Jan Change
14,600.00 ^VND	-.--%		+2.82%	+9.36%

21/07	The Southern Rubber Industry Joint Stock Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
29/04	The Southern Rubber Industry Joint Stock Company Announces Corporate Governance Officer Cum Secretary Changes, Effective April 29, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Market Cap ¹	1,823,805	1,958,517	1,492,204	1,264,228	1,601,010	1,383,397
Change	-	7.39%	-23.81%	-15.28%	26.64%	-13.59%
Enterprise Value (EV) ¹	3,690,747	4,156,854	3,743,121	2,961,335	3,044,408	2,438,737
Change	-	12.63%	-9.95%	-20.89%	2.81%	-19.89%
P/E	20.1x	46.6x	26x	31.8x	35.7x	32.5x
PBR	1.43x	1.56x	1.15x	0.95x	1.18x	1.01x
PEG	-	-0.9x	0.7x	-1x	2.8x	-6.42x
Capitalization / Revenue	0.39x	0.4x	0.28x	0.24x	0.34x	0.33x
EV / Revenue	0.79x	0.86x	0.7x	0.57x	0.65x	0.59x
EV / EBITDA	8.08x	11x	8.07x	7.97x	9.95x	9.04x
EV / EBIT	15.3x	24.7x	15x	17.4x	26.3x	21.4x
EV / FCF	15x	-14x	-888x	5.61x	14.7x	6.14x
FCF Yield	6.65%	-7.13%	-0.11%	17.8%	6.79%	16.3%
Dividend per Share ²	-	300	300	300	300	-
Rate of return	-	1.59%	2.08%	2.46%	1.94%	-
EPS ²	874.9	405.5	554.2	383.8	432.6	410.7
Distribution rate	-	74%	54.1%	78.2%	69.4%	-
Net sales ¹	4,692,034	4,839,508	5,320,632	5,234,907	4,712,176	4,142,875
EBITDA ¹	456,525	377,108	464,111	371,774	305,873	269,697
EBIT ¹	240,871	168,342	249,823	170,668	115,562	113,819
Net income ¹	90,661	42,015	79,185	60,375	72,071	42,555
Net Debt ¹	1,866,942	2,198,336	2,250,917	1,697,107	1,443,398	1,055,340
Reference price ²	17,600.00	18,900.00	14,400.00	12,200.00	15,450.00	13,350.00
Nbr of stocks (in thousands)	103,625	103,625	103,625	103,625	103,625	103,625
Announcement Date	2/4/21	10/3/22	24/3/23	19/3/24	21/3/25	16/3/26

¹VND in Million²VND

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
THE SOUTHERN RUBBER INDUSTRY	-	-	-	-	57.53M
PIRELLI & C. S.P.A.	14.25x	1.23x	5.34x	3.92%	8.24B
MRF LIMITED	24.12x	1.65x	11.7x	0.17%	5.9B
HANKOOK TIRE & TECHNOLOGY CO., LTD.	5.83x	0.51x	3.06x	4.38%	5.74B
BALKRISHNA INDUSTRIES LIMITED	29.19x	3.76x	17.78x	0.72%	5.01B
CHENG SHIN RUBBER IND. CO., LTD.	21.75x	1.2x	7.82x	3.68%	3.06B
APOLLO TYRES LIMITED	16.33x	0.92x	7.2x	1.47%	2.85B
SHANDONG LINGLONG TYRE CO.,LTD.	15.29x	1x	7.56x	2.54%	2.52B
QINGDAO SENTURY TIRE CO., LTD.	9.73x	-	-	4.95%	2.26B
TRIANGLE TYRE CO.,LTD	10.66x	-	-	-	1.57B
Average	16.35x	1.47x	8.64x	2.73%	3.72B
Weighted average by Cap.	16.95x	1.51x	8.50x	2.67%