Company Valuation: Phuoc Hoa Rubber

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 9,661,093 5,338,668 6,734,310 7,208,557 7,926,703 8,097,432 - -
Change - -44.74% 26.14% 7.04% 9.96% 2.15% - -
Enterprise Value (EV) 9,661,093 5,338,668 6,734,310 7,208,557 7,926,703 8,097,432 8,097,432 8,097,432
Change - -44.74% 26.14% 7.04% 9.96% 2.15% 0% 0%
P/E 18.5x 6.28x 10.8x 17.1x 16.7x 5.09x 4.94x 5.39x
PBR 3.23x 1.62x 1.76x 1.84x 1.86x 1.66x 1.19x 1.16x
PEG - 0.1x -0.4x -0.5x 1.3x 0x 1.62x -0.65x
Capitalization / Revenue 4.97x 3.12x 4.98x 4.41x 4.42x 4.67x 4.63x 3.81x
EV / Revenue 0x 0x 0x 0x 0x 4.67x 4.63x 3.81x
EV / EBITDA 0x 0x 0x 0x 0x 22.6x 18.6x 10x
EV / EBIT 0x 0x 0x 0x 0x 15.5x 28.9x 16.7x
EV / FCF 0x 0x 0x - 0x 35.8x 21.9x 27.8x
FCF Yield 1.36% 12.2% 3.38% - 7.03% 2.79% 4.57% 3.59%
Dividend per Share 2 1,389 2,222 1,667 - - 1,806 2,370 1,278
Rate of return 3.51% 10.2% 6.04% - - 5.44% 7.14% 3.85%
EPS 2 2,139 3,484 2,551 1,731 1,946 6,525 6,723 6,162
Distribution rate 64.9% 63.8% 65.3% - - 27.7% 35.3% 20.7%
Net sales 1 1,942,366 1,708,579 1,351,024 1,633,091 1,794,933 1,733,333 1,747,400 2,123,000
EBITDA 1 490,376 378,204 333,330 392,732 441,391 358,000 434,333 808,000
EBIT 1 371,267 244,260 195,395 252,574 288,496 522,000 280,333 484,000
Net income 1 541,874 886,933 622,154 460,049 513,443 1,852,017 1,841,800 932,000
Net Debt - - - - - - - -
Reference price 2 39,611.11 21,888.89 27,611.11 29,555.56 32,500.00 33,200.00 33,200.00 33,200.00
Nbr of stocks (in thousands) 243,899 243,899 243,899 243,899 243,899 243,899 - -
Announcement Date 20/1/22 18/1/23 19/1/24 1/4/25 30/1/26 - - -
1VND in Million2VND
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
5.09x - - 5.44% 312M
13.02x0.99x5.29x3.58% 29.83B
13.54x0.98x5.51x4.07% 25.18B
14.31x1.23x5.32x4.02% 8.02B
8.33x1.13x5.37x3.37% 7.06B
9.81x1x5.72x3.02% 6.23B
8.69x - - 3.5% 5.73B
23.77x1.56x11.8x0.19% 5.46B
5.56x0.48x3.02x5.11% 5.43B
14.92x - - 3.05% 5.04B
Average 11.70x 1.05x 6.00x 3.54% 9.83B
Weighted average by Cap. 12.72x 1.03x 5.66x 3.56%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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