Company Valuation: HocMon Trade

Data adjusted to current consolidation scope
Fiscal Period: December 2023 2024 2025
Market Cap 1 363,000 514,800 556,050
Change - 41.82% 8.01%
Enterprise Value (EV) 1 226,266 393,716 447,474
Change - 74.01% 13.65%
P/E 11.4x 22.3x 21.4x
PBR 1.17x 1.7x 1.85x
PEG - -0.8x 1.7x
Capitalization / Revenue 0.35x 0.51x 0.55x
EV / Revenue 0.22x 0.39x 0.45x
EV / EBITDA 1.54x 9.79x 13.7x
EV / EBIT 4.99x 11.4x 16.7x
EV / FCF 24.6x 27.3x -12.8x
FCF Yield 4.06% 3.66% -7.81%
Dividend per Share 2 - 1,300 -
Rate of return - 4.17% -
EPS 2 1,924 1,397 1,576
Distribution rate - 93.1% -
Net sales 1 1,042,187 1,014,753 1,004,989
EBITDA 1 147,255 40,198 32,618
EBIT 1 45,366 34,447 26,835
Net income 1 46,169 30,655 29,487
Net Debt 1 -136,733 -121,084 -108,576
Reference price 2 22,000.00 31,200.00 33,700.00
Nbr of stocks (in thousands) 16,500 16,500 16,500
Announcement Date 25/2/25 25/2/25 10/3/26
1VND in Million2VND
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 19.95M
13.93x1.66x7.1x2.6% 656B
20.6x1.69x9.87x0.45% 189B
7.38x0.58x2.67x4.67% 113B
7.57x0.81x5.39x1.05% 109B
9.05x0.73x5.61x1.31% 107B
9.66x0.69x7.02x1.99% 102B
11.68x0.34x5.35x6.13% 93.7B
9.49x1.85x4.74x2.57% 78.74B
11.83x1.42x7.81x1.92% 62.21B
Average 11.24x 1.09x 6.17x 2.52% 151.04B
Weighted average by Cap. 12.73x 1.31x 6.68x 2.43%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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