Financials Phat Dat Real Estate Development Corporation

Equities

PDR

VN000000PDR0

Real Estate Development & Operations

End-of-day quote Ho Chi Minh S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
26,450 VND -0.94% Intraday chart for Phat Dat Real Estate Development Corporation +0.95% -5.03%

Valuation

Fiscal Period: December 2019 2021 2023 2024 2025 2026
Capitalization 1 8,584,639 46,911,886 20,575,882 19,541,547 - -
Enterprise Value (EV) 1 8,584,639 46,911,886 20,575,882 21,270,947 22,567,947 20,199,047
P/E ratio 10,108 x 24.6 x 28.6 x 31.6 x 11.1 x 7.13 x
Yield - - - - - -
Capitalization / Revenue 2.52 x - - 7.36 x 2.43 x 1.89 x
EV / Revenue 2.52 x - - 8.01 x 2.81 x 1.95 x
EV / EBITDA - - - 17.1 x 7.65 x 4.7 x
EV / FCF - - - 1,773 x -28.3 x 7.04 x
FCF Yield - - - 0.06% -3.53% 14.2%
Price to Book - - - - - -
Nbr of stocks (in thousands) 663,475 671,648 738,811 738,811 - -
Reference price 2 12,939 69,846 27,850 26,450 26,450 26,450
Announcement Date 1/20/20 1/18/22 1/22/24 - - -
1VND in Million2VND
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2021 2023 2024 2025 2026
Net sales 1 3,400,186 - - 2,656,000 8,032,000 10,358,000
EBITDA 1 - - - 1,246,500 2,951,600 4,298,000
EBIT 1 - - - 1,222,100 2,927,200 4,274,600
Operating Margin - - - 46.01% 36.44% 41.27%
Earnings before Tax (EBT) 1 - - - 914,700 2,580,800 3,995,400
Net income 1 - 1,865,004 683,947 731,700 2,086,000 3,237,900
Net margin - - - 27.55% 25.97% 31.26%
EPS 2 1.280 2,836 974.0 838.0 2,389 3,708
Free Cash Flow 1 - - - 12,000 -797,000 2,869,900
FCF margin - - - 0.45% -9.92% 27.71%
FCF Conversion (EBITDA) - - - 0.96% - 66.77%
FCF Conversion (Net income) - - - 1.64% - 88.63%
Dividend per Share - - - - - -
Announcement Date 1/20/20 1/18/22 1/22/24 - - -
1VND in Million2VND
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2021 2023 2024 2025 2026
Net Debt 1 - - - 1,729,400 3,026,400 657,500
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) - - - 1.387 x 1.025 x 0.153 x
Free Cash Flow 1 - - - 12,000 -797,000 2,869,900
ROE (net income / shareholders' equity) - - - 6.9% 16.5% 21.2%
ROA (Net income/ Total Assets) - - - 3.3% 8.5% 12.1%
Assets 1 - - - 22,172,727 24,541,176 26,759,504
Book Value Per Share - - - - - -
Cash Flow per Share - - - - - -
Capex 1 - - - 9,500 2,200 55,900
Capex / Sales - - - 0.36% 0.03% 0.54%
Announcement Date 1/20/20 1/18/22 1/22/24 - - -
1VND in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
26,450 VND
Average target price
33,200 VND
Spread / Average Target
+25.52%
Consensus

Annual profits - Rate of surprise

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