Financials FPT Securities

Equities

FTS

VN000000FTS5

Investment Banking & Brokerage Services

End-of-day quote Ho Chi Minh S.E. 03:30:00 03/05/2024 am IST 5-day change 1st Jan Change
54,500 VND 0.00% Intraday chart for FPT Securities -0.73% +22.06%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 12,32,273 19,34,851 13,82,801 21,49,340 88,24,533 36,86,637
Enterprise Value (EV) 1 11,47,389 16,85,242 14,03,670 22,09,334 73,45,296 36,60,937
P/E ratio 6.88 x 3.95 x 6.45 x 12.6 x 10.4 x 10.9 x
Yield 4.03% 2.82% 4.35% 3.08% 0.84% 2.65%
Capitalization / Revenue 3.89 x 2.78 x 3.58 x 5.33 x 6.38 x 4.34 x
EV / Revenue 3.63 x 2.42 x 3.63 x 5.47 x 5.31 x 4.31 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 0.79 x 0.98 x 0.66 x 0.98 x 2.96 x 1.1 x
Nbr of stocks (in thousands) 1,92,057 1,92,055 1,92,053 1,92,052 1,94,789 2,14,566
Reference price 2 6,416 10,074 7,200 11,191 45,303 17,182
Announcement Date 15/06/18 06/05/19 11/06/20 10/05/21 20/04/22 13/04/23
1VND in Million2VND
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 3,16,419 6,95,119 3,86,645 4,03,535 13,83,479 8,50,241
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 2,17,888 5,42,952 2,55,223 2,20,604 9,81,382 4,41,530
Net income 1 1,79,218 4,89,980 2,14,296 1,70,549 8,45,975 3,18,225
Net margin 56.64% 70.49% 55.42% 42.26% 61.15% 37.43%
EPS 2 932.9 2,551 1,116 885.6 4,374 1,579
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 258.7 284.6 313.0 344.4 378.8 454.5
Announcement Date 15/06/18 06/05/19 11/06/20 10/05/21 20/04/22 13/04/23
1VND in Million2VND
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - 20,868 59,994 - -
Net Cash position 1 84,884 2,49,608 - - 14,79,237 25,700
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 12% 27.8% 10.5% 7.91% 32.6% 10.1%
ROA (Net income/ Total Assets) 10.9% 22.8% 8.53% 5.76% 13.2% 4.32%
Assets 1 16,45,141 21,49,092 25,12,701 29,59,691 64,25,843 73,72,131
Book Value Per Share 2 8,085 10,284 10,992 11,467 15,313 15,604
Cash Flow per Share 2 888.0 2,385 262.0 1,075 9,594 1,225
Capex 1 13,698 6,311 4,374 6,732 22,362 14,582
Capex / Sales 4.33% 0.91% 1.13% 1.67% 1.62% 1.72%
Announcement Date 15/06/18 06/05/19 11/06/20 10/05/21 20/04/22 13/04/23
1VND in Million2VND
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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