Company Valuation: Vingroup

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 352,019,241 199,613,606 165,478,938 150,846,654 1,271,786,314 1,814,695,095 - -
Change - -43.29% -17.1% -8.84% 743.1% 42.69% - -
Enterprise Value (EV) 464,131,304 199,613,606 165,478,938 150,846,654 1,271,786,314 1,814,695,095 1,814,695,095 1,814,695,095
Change - -56.99% -17.1% -8.84% 743.1% 42.69% 0% 0%
P/E -117x 24.3x 80.4x 12.9x 51.8x 65.4x 65.4x 45.6x
PBR 3.25x - - - - - - -
PEG - -0x -1.1x 0x 0x 5x 1,209.57x 1x
Capitalization / Revenue 2.81x 1.96x 1.02x 0.79x 3.82x 3.98x 3.25x 2.68x
EV / Revenue 0x 0x 0x 0x 0x 3.98x 3.25x 2.68x
EV / EBITDA 0x 0x 0x 0x 0x 21.9x 15.8x 11.8x
EV / EBIT 0x -0x -0x -0x 0x 33.3x 20.8x 13.4x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -407.5 1,107 277.5 1,578 3,271 3,699 3,701 5,310
Distribution rate - - - - - - - -
Net sales 1 125,306,264 101,793,582 161,634,280 192,159,467 332,770,342 455,536,500 558,824,500 677,816,000
EBITDA 1 17,857,771 10,653,159 14,001,547 15,775,910 37,933,399 82,678,500 114,573,000 154,294,000
EBIT 1 2,451,017 -10,630,914 -3,126,135 -6,969,872 5,635,940 54,512,000 87,452,000 135,634,000
Net income 1 -2,771,444 8,781,861 2,062,572 11,735,294 13,446,455 28,479,500 28,496,500 40,678,000
Net Debt 112,112,063 - - - - - - -
Reference price 2 47,550.00 26,900.00 22,300.00 20,275.00 169,600.00 242,000.00 242,000.00 242,000.00
Nbr of stocks (in thousands) 7,403,139 7,420,580 7,420,580 7,440,032 7,498,740 7,498,740 - -
Announcement Date 14/2/22 1/4/23 31/1/24 15/1/25 30/1/26 - - -
1VND in Million2VND
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
65.42x - - - 70.45B
12.75x4.45x11.42x3.78% 40.37B
18.84x4.07x16.37x1.3% 29.07B
5.69x0.76x1.57x8.7% 27.67B
8.26x1.5x8.35x4.26% 27.52B
14.68x3.16x15.12x2.38% 26.84B
10.19x2x7.7x4.12% 20.47B
7.89x2.87x6.44x-.--% 19.77B
7.4x0.82x2.99x3.02% 18.94B
13.21x6.43x16.9x1.65% 18.93B
Average 16.43x 2.90x 9.65x 3.25% 30B
Weighted average by Cap. 24.02x 2.96x 9.92x 3.42%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Vingroup

Historical PBR trend

Valuation ratios - PBR - Vingroup

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Vingroup

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Vingroup


Year-on-year evolution of the Yield

Valuation ratios - Yield - Vingroup