Valuation Hoa Binh Rubber

Stocks

End-of-day quote Ho Chi Minh S.E. 2026-09-30			5-day change	1st Jan Change
30,600.00 ^VND	-5.70%		-1.45%	+3.38%

Aug. 10	Hoa Binh Rubber Joint Stock Company Reports Operating Results for the Second Quarter of 2026	CI
Aug. 10	Hoa Binh Rubber Joint Stock Company Provides Operating and Earnings Guidance for the Third Quarter and Full Year of 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Market Cap ¹	1,540,538	1,600,951	1,661,364	1,661,364	1,238,472	894,116
Change	-	3.92%	3.77%	0%	-25.45%	-27.8%
Enterprise Value (EV) ¹	1,574,664	1,848,628	1,886,186	1,880,527	1,363,162	999,443
Change	-	17.4%	2.03%	-0.3%	-27.51%	-26.68%
P/E	172x	72.5x	164x	97.9x	20.2x	25.5x
PBR	2.87x	2.91x	3.03x	3.01x	2.05x	1.42x
PEG	-	0x	-3x	1.5x	0x	-0.6x
Capitalization / Revenue	8.17x	8.66x	9.27x	9.07x	5.78x	3.66x
EV / Revenue	8.35x	10x	10.5x	10.3x	6.36x	4.09x
EV / EBITDA	233x	75.6x	112x	237x	29.2x	26x
EV / EBIT	-238x	206x	-2,731x	-169x	51.5x	55.9x
EV / FCF	-43.4x	-8.33x	123x	-163x	30.1x	343x
FCF Yield	-2.3%	-12%	0.81%	-0.61%	3.33%	0.29%
Dividend per Share ²	-	-	300	-	-	-
Rate of return	-	-	0.55%	-	-	-
EPS ²	297	730.7	336	562	2,033	1,163
Distribution rate	-	-	89.3%	-	-	-
Net sales ¹	188,514	184,909	179,203	183,174	214,268	244,145
EBITDA ¹	6,752	24,444	16,808	7,938	46,694	38,393
EBIT ¹	-6,611	8,954	-690.7	-11,136	26,476	17,884
Net income ¹	8,970	22,072	10,159	16,978	61,401	35,130
Net Debt ¹	34,127	247,677	224,822	219,163	124,690	105,327
Reference price ²	51,000.00	53,000.00	55,000.00	55,000.00	41,000.00	29,600.00
Nbr of stocks (in thousands)	30,207	30,207	30,207	30,207	30,207	30,207
Announcement Date	2/4/21	2/23/22	3/8/23	2/29/24	3/25/25	2/13/26

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 (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
HOA BINH RUBBER	-	-	-	-	37.74M
BRIDGESTONE CORPORATION	13.06x	1x	5.31x	3.55%	30.07B
MICHELIN (CGDE)	13.77x	1x	5.62x	3.99%	26.04B
PIRELLI & C. S.P.A.	14.33x	1.23x	5.34x	4.01%	8.11B
THE YOKOHAMA RUBBER COMPANY, LIMITED	8.02x	1.1x	5.22x	3.5%	6.8B
SAILUN GROUP CO., LTD.	9.79x	1x	5.71x	3.03%	6.21B
ZHONGCE RUBBER GROUP CO., LTD.	8.66x	-	-	3.51%	5.71B
MRF LIMITED	23.64x	1.55x	11.74x	0.19%	5.44B
HANKOOK TIRE & TECHNOLOGY CO., LTD.	5.56x	0.48x	3.02x	5.26%	5.38B
VIETNAM RUBBER INDUSTRY GROUP -	18.66x	-	-	3%	5.13B
Average	12.83x	1.05x	5.99x	3.34%	9.89B
Weighted average by Cap.	13.01x	1.03x	5.68x	3.54%