Financials Development Investment ConstructionCorporation

Equities

DIG

VN000000DIG8

Real Estate Development & Operations

End-of-day quote Ho Chi Minh S.E. 03:30:00 28/06/2024 am IST 5-day change 1st Jan Change
26,550 VND -2.57% Intraday chart for Development Investment ConstructionCorporation +1.53% -0.75%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 39,13,514 43,46,222 85,93,568 4,83,39,456 87,20,884 1,63,13,541
Enterprise Value (EV) 1 47,97,111 48,04,759 95,78,054 4,94,19,232 1,20,56,242 1,68,36,795
P/E ratio 12.6 x 10.7 x 12.8 x 42.4 x 60.5 x 137 x
Yield 4.52% 7.25% - - - -
Capitalization / Revenue 1.67 x 2.05 x 3.46 x 18.8 x 4.6 x 15.9 x
EV / Revenue 2.05 x 2.27 x 3.85 x 19.2 x 6.36 x 16.4 x
EV / EBITDA 14.2 x 14 x 24.5 x 91.7 x 28.6 x 149 x
EV / FCF 11.5 x -14.1 x 4.07 x -31 x -3.01 x 9.82 x
FCF Yield 8.71% -7.08% 24.6% -3.23% -33.2% 10.2%
Price to Book 1.25 x 1.1 x 1.82 x 6.48 x 1.16 x 2.13 x
Nbr of stocks (in thousands) 4,16,258 4,94,506 4,87,116 6,09,867 6,09,852 6,09,852
Reference price 2 9,402 8,789 17,642 79,262 14,300 26,750
Announcement Date 01/04/19 31/03/20 29/03/21 30/03/22 31/03/23 29/03/24
1VND in Million2VND
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 23,45,008 21,15,744 24,87,174 25,68,689 18,96,689 10,25,747
EBITDA 1 3,36,897 3,42,361 3,90,972 5,38,786 4,20,936 1,13,122
EBIT 1 3,14,094 3,04,924 3,46,271 4,87,816 3,56,434 47,702
Operating Margin 13.39% 14.41% 13.92% 18.99% 18.79% 4.65%
Earnings before Tax (EBT) 1 4,28,283 4,71,281 8,99,845 12,81,557 1,98,787 1,65,886
Net income 1 3,23,992 3,90,990 7,11,238 9,86,154 1,44,128 1,18,727
Net margin 13.82% 18.48% 28.6% 38.39% 7.6% 11.57%
EPS 2 747.8 818.7 1,374 1,870 236.3 194.7
Free Cash Flow 1 4,17,677 -3,40,383 23,54,389 -15,94,968 -39,99,687 17,14,101
FCF margin 17.81% -16.09% 94.66% -62.09% -210.88% 167.11%
FCF Conversion (EBITDA) 123.98% - 602.19% - - 1,515.26%
FCF Conversion (Net income) 128.92% - 331.03% - - 1,443.73%
Dividend per Share 2 424.6 636.9 - - - -
Announcement Date 01/04/19 31/03/20 29/03/21 30/03/22 31/03/23 29/03/24
1VND in Million2VND
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 8,83,596 4,58,537 9,84,486 10,79,776 33,35,358 5,23,254
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.623 x 1.339 x 2.518 x 2.004 x 7.924 x 4.626 x
Free Cash Flow 1 4,17,677 -3,40,383 23,54,389 -15,94,968 -39,99,687 17,14,101
ROE (net income / shareholders' equity) 10.9% 10.3% 16.4% 15.9% 2.47% 1.42%
ROA (Net income/ Total Assets) 3.03% 2.54% 2.16% 2.13% 1.41% 0.19%
Assets 1 1,06,81,169 1,54,17,573 3,29,03,308 4,63,72,345 1,02,21,137 6,28,85,106
Book Value Per Share 2 7,525 7,977 9,715 12,239 12,360 12,544
Cash Flow per Share 2 1,765 1,201 827.0 1,640 403.0 3,783
Capex 1 55,484 49,905 11,581 25,989 39,738 23,878
Capex / Sales 2.37% 2.36% 0.47% 1.01% 2.1% 2.33%
Announcement Date 01/04/19 31/03/20 29/03/21 30/03/22 31/03/23 29/03/24
1VND in Million2VND
Estimates
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