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 1,807,196,354 - -
Change - -43.29% -17.1% -8.84% 743.1% 42.1% - -
Enterprise Value (EV) 464,131,304 199,613,606 165,478,938 150,846,654 1,271,786,314 1,807,196,354 1,807,196,354 1,807,196,354
Change - -56.99% -17.1% -8.84% 743.1% 42.1% 0% 0%
P/E -117x 24.3x 80.4x 12.9x 51.8x 65.2x 65.1x 45.4x
PBR 3.25x - - - - - - -
PEG - -0x -1.1x 0x 0x 5x 1,204.02x 1x
Capitalization / Revenue 2.81x 1.96x 1.02x 0.79x 3.82x 3.97x 3.23x 2.67x
EV / Revenue 0x 0x 0x 0x 0x 3.97x 3.23x 2.67x
EV / EBITDA 0x 0x 0x 0x 0x 21.9x 15.8x 11.7x
EV / EBIT 0x -0x -0x -0x 0x 33.2x 20.7x 13.3x
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 20,275.00 169,600.00 241,000.00 241,000.00 241,000.00
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 2/14/22 4/1/23 1/31/24 1/15/25 1/30/26 - - -
1VND in Million2VND
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
65.15x - - - 69.9B
12.5x4.38x11.24x3.85% 39.6B
18.33x4.01x16.12x1.34% 28.21B
5.68x0.75x1.56x8.71% 27.62B
14.35x3.14x15.02x2.44% 26.41B
8.02x1.47x8.22x4.41% 26.72B
10.23x2.01x7.74x4.1% 20.57B
8.43x2.96x6.93x-.--% 20.18B
13.05x6.39x16.81x1.67% 18.65B
7.4x0.82x2.99x3.02% 18.94B
Average 16.32x 2.88x 9.63x 3.28% 29.68B
Weighted average by Cap. 23.86x 2.93x 9.82x 3.46%

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