Valuation Vietnam Dairy Products

Equities

VNM

VN000000VNM8

Food Processing

End-of-day quote Ho Chi Minh S.E. Other stock markets 2026-06-05			5-day change	1st Jan Change
58,400.00 ^VND	-0.34%		-1.35%	-4.58%

Apr. 28	Vietnam Dairy Products Joint Stock Company Reports Earnings Results for the First Quarter Ended March 31, 2026	CI
Jan. 29	Vietnam Dairy Products Joint Stock Company Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2025	CI

Company Valuation: Vietnam Dairy Products

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	180,572,150	159,045,609	141,280,988	132,503,175	127,905,273	122,053,398	-	-
Change	-	-11.92%	-11.17%	-6.21%	-3.47%	-4.58%	-	-
Enterprise Value (EV) ¹	166,655,853	144,265,239	126,688,321	116,290,809	114,212,174	108,626,956	107,339,416	105,978,773
Change	-	-13.44%	-12.18%	-8.21%	-1.79%	-4.89%	-1.19%	-1.27%
P/E ratio	19.1x	21x	17.8x	15.8x	15.2x	13.2x	12.1x	11.1x
PBR	5.46x	5.33x	4.46x	4.1x	4.17x	3.69x	3.54x	3.36x
PEG	-	-1.1x	3.94x	2.65x	101.89x	1.3x	1.36x	1.31x
Capitalization / Revenue	2.96x	2.65x	2.34x	2.14x	2.01x	1.81x	1.73x	1.62x
EV / Revenue	2.74x	2.41x	2.1x	1.88x	1.79x	1.61x	1.52x	1.41x
EV / EBITDA	12x	12.2x	10.7x	9.3x	8.77x	8.08x	7.46x	6.91x
EV / EBIT	14.2x	14.8x	13x	11.2x	10.7x	9.59x	8.93x	8.05x
EV / FCF	20.7x	19.2x	19.8x	14.4x	16.3x	15.4x	10.2x	9.67x
FCF Yield	4.82%	5.2%	5.06%	6.93%	6.15%	6.5%	9.81%	10.3%
Dividend per Share ²	3,850	2,900	-	3,850	-	4,316	4,421	4,630
Rate of return	4.46%	3.81%	-	6.07%	-	7.39%	7.57%	7.93%
EPS ²	4,517	3,632	3,796	4,022	4,028	4,438	4,833	5,244
Distribution rate	85.2%	79.8%	-	95.7%	-	97.3%	91.5%	88.3%
Net sales ¹	60,919,165	59,956,247	60,368,916	61,782,610	63,645,887	67,335,435	70,704,634	75,138,117
EBITDA ¹	13,881,656	11,848,623	11,825,606	12,499,712	13,026,618	13,442,955	14,393,123	15,327,944
EBIT ¹	11,760,319	9,753,174	9,771,019	10,404,553	10,663,715	11,328,637	12,026,100	13,172,198
Net income ¹	10,532,477	8,516,024	8,873,812	9,392,310	9,410,202	9,762,792	10,379,015	11,154,080
Net Debt ¹	-13,916,298	-14,780,371	-14,592,668	-16,212,366	-13,693,099	-13,426,442	-14,713,982	-16,074,625
Reference price ²	86,400.00	76,100.00	67,600.00	63,400.00	61,200.00	58,400.00	58,400.00	58,400.00
Nbr of stocks (in thousands)	2,089,955	2,089,955	2,089,955	2,089,955	2,089,955	2,089,955	-	-
Announcement Date	1/28/22	2/1/23	1/30/24	1/24/25	1/29/26	-	-	-

¹VND in Million²VND

Estimates

P/E ratio, Detailed evolution

Sector Comparison:

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.($)
VIETNAM DAIRY PRODUCTS	13.16x	1.61x	8.08x	7.39%	4.64B
INNER MONGOLIA YILI INDUSTRIAL GROUP CO., LTD.	13.14x	1.55x	10.63x	5.88%	23.97B
CHINA MENGNIU DAIRY COMPANY LIMITED	10.81x	0.74x	6.47x	4.48%	7.86B
WANT WANT CHINA HOLDINGS LIMITED	10.73x	1.55x	6.09x	4.65%	6.34B
GLANBIA PLC	19.95x	1.6x	12.28x	1.94%	5.94B
EMMI AG	19.3x	1.12x	10.7x	2.11%	5.82B
NESTLÉ (MALAYSIA)	36.89x	3.17x	21.02x	2.66%	5.49B
CHINA FEIHE LIMITED	10.3x	0.84x	3.79x	7.35%	3.57B
Average	16.78x	1.52x	9.88x	4.56%	7.95B
Weighted average by Cap.	15.70x	1.52x	10.15x	4.79%