Financials Duc Long Gia Lai Group

Equities

DLG

VN000000DLG2

Electronic Equipment & Parts

End-of-day quote Ho Chi Minh S.E. 03:30:00 26/04/2024 am IST 5-day change 1st Jan Change
1,850 VND 0.00% Intraday chart for Duc Long Gia Lai Group +3.93% -24.49%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 4,54,951 5,71,682 4,66,923 28,01,539 6,52,495 7,33,309
Enterprise Value (EV) 1 38,25,580 38,79,224 42,95,902 58,19,385 35,01,987 32,88,595
P/E ratio 56.3 x -437 x -0.52 x 168 x -0.54 x -1.23 x
Yield - - - - - -
Capitalization / Revenue 0.16 x 0.2 x 0.23 x 1.81 x 0.48 x 0.65 x
EV / Revenue 1.31 x 1.35 x 2.11 x 3.77 x 2.6 x 2.93 x
EV / EBITDA 10.5 x 10.2 x 265 x 17 x -4.6 x -16.6 x
EV / FCF -5.64 x 9.15 x 6.21 x 36.9 x -145 x 6.51 x
FCF Yield -17.7% 10.9% 16.1% 2.71% -0.69% 15.3%
Price to Book 0.15 x 0.18 x 0.21 x 1.28 x 0.67 x 1.87 x
Nbr of stocks (in thousands) 2,99,310 2,99,310 2,99,310 2,99,310 2,99,310 2,99,310
Reference price 2 1,520 1,910 1,560 9,360 2,180 2,450
Announcement Date 26/04/19 22/05/20 12/04/21 01/04/22 03/04/23 01/04/24
1VND in Million2VND
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 29,14,292 28,73,263 20,34,492 15,44,442 13,47,872 11,22,334
EBITDA 1 3,62,950 3,81,480 16,194 3,43,002 -7,61,547 -1,98,215
EBIT 1 2,09,023 2,05,161 -1,78,457 1,50,537 -9,73,155 -4,42,963
Operating Margin 7.17% 7.14% -8.77% 9.75% -72.2% -39.47%
Earnings before Tax (EBT) 1 36,549 38,420 -8,61,263 4,711 -11,83,729 -5,61,817
Net income 1 8,170 -1,308 -9,06,602 16,673 -12,19,413 -5,94,601
Net margin 0.28% -0.05% -44.56% 1.08% -90.47% -52.98%
EPS 2 27.00 -4.371 -3,029 55.71 -4,074 -1,987
Free Cash Flow 1 -6,78,749 4,24,104 6,91,936 1,57,725 -24,103 5,04,795
FCF margin -23.29% 14.76% 34.01% 10.21% -1.79% 44.98%
FCF Conversion (EBITDA) - 111.17% 4,272.79% 45.98% - -
FCF Conversion (Net income) - - - 945.97% - -
Dividend per Share - - - - - -
Announcement Date 26/04/19 22/05/20 12/04/21 01/04/22 03/04/23 01/04/24
1VND in Million2VND
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 33,70,629 33,07,543 38,28,979 30,17,846 28,49,491 25,55,286
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 9.287 x 8.67 x 236.4 x 8.798 x -3.742 x -12.89 x
Free Cash Flow 1 -6,78,749 4,24,104 6,91,936 1,57,725 -24,103 5,04,795
ROE (net income / shareholders' equity) 0.42% -0.22% -31.3% 0.49% -69.8% -70.7%
ROA (Net income/ Total Assets) 1.53% 1.48% -1.32% 1.23% -9.59% -5.19%
Assets 1 5,32,377 -88,395 6,84,64,092 13,57,326 1,27,13,213 1,14,51,594
Book Value Per Share 2 10,385 10,358 7,337 7,306 3,277 1,310
Cash Flow per Share 2 266.0 561.0 461.0 410.0 394.0 650.0
Capex 1 1,73,355 1,44,602 66,364 17,856 22,664 31,804
Capex / Sales 5.95% 5.03% 3.26% 1.16% 1.68% 2.83%
Announcement Date 26/04/19 22/05/20 12/04/21 01/04/22 03/04/23 01/04/24
1VND in Million2VND
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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