Financials No Va Land Investment Group Corporation

Equities

NVL

VN000000NVL0

Real Estate Development & Operations

End-of-day quote Ho Chi Minh S.E. 03:30:00 26/04/2024 am IST 5-day change 1st Jan Change
15,250 VND +0.33% Intraday chart for No Va Land Investment Group Corporation +5.54% -10.56%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 5,97,34,676 5,76,87,677 6,50,94,830 17,56,68,340 2,73,01,464 3,32,49,282
Enterprise Value (EV) 1 7,52,69,096 8,54,62,332 10,20,72,522 21,87,18,330 8,33,87,485 8,75,19,656
P/E ratio 18.9 x 16.8 x 16.7 x 50 x 12.6 x 54.9 x
Yield - - - - - -
Capitalization / Revenue 3.91 x 5.28 x 13 x 11.8 x 2.45 x 6.99 x
EV / Revenue 4.92 x 7.82 x 20.3 x 14.7 x 7.49 x 18.4 x
EV / EBITDA 16.7 x 33.2 x 75.2 x 48.8 x 30 x 139 x
EV / FCF -68.5 x -2.68 x -3.29 x -9.88 x -2.6 x 10.7 x
FCF Yield -1.46% -37.2% -30.4% -10.1% -38.5% 9.37%
Price to Book 3.08 x 2.59 x 2.51 x 5.01 x 0.73 x 0.87 x
Nbr of stocks (in thousands) 16,53,735 17,23,219 17,52,980 19,30,421 19,50,105 19,50,105
Reference price 2 36,121 33,477 37,134 91,000 14,000 17,050
Announcement Date 26/03/19 25/02/20 09/03/21 01/03/22 21/04/23 17/04/24
1VND in Million2VND
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,52,90,394 1,09,30,983 50,26,358 1,49,02,760 1,11,34,230 47,56,902
EBITDA 1 45,03,322 25,76,551 13,56,873 44,85,143 27,78,340 6,29,194
EBIT 1 39,90,009 16,59,570 3,78,675 35,18,891 17,54,602 -4,59,993
Operating Margin 26.09% 15.18% 7.53% 23.61% 15.76% -9.67%
Earnings before Tax (EBT) 1 46,75,375 42,72,236 46,49,022 50,86,223 39,82,066 19,98,882
Net income 1 32,27,005 34,31,331 39,19,072 32,24,687 21,62,071 6,05,578
Net margin 21.1% 31.39% 77.97% 21.64% 19.42% 12.73%
EPS 2 1,907 1,988 2,220 1,819 1,112 310.5
Free Cash Flow 1 -10,98,932 -3,18,34,626 -3,10,24,147 -2,21,42,051 -3,20,90,367 81,98,127
FCF margin -7.19% -291.23% -617.23% -148.58% -288.21% 172.34%
FCF Conversion (EBITDA) - - - - - 1,302.96%
FCF Conversion (Net income) - - - - - 1,353.77%
Dividend per Share - - - - - -
Announcement Date 26/03/19 25/02/20 09/03/21 01/03/22 21/04/23 17/04/24
1VND in Million2VND
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2023 Q2
Net sales - -
EBITDA - -
EBIT - -
Operating Margin - -
Earnings before Tax (EBT) - -
Net income 1 10,47,321 -1,52,640
Net margin - -
EPS 2 - -78.00
Dividend per Share - -
Announcement Date 07/02/22 31/07/23
1VND in Million2VND
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 1,55,34,420 2,77,74,655 3,69,77,693 4,30,49,990 5,60,86,021 5,42,70,374
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.45 x 10.78 x 27.25 x 9.598 x 20.19 x 86.25 x
Free Cash Flow 1 -10,98,932 -3,18,34,626 -3,10,24,147 -2,21,42,051 -3,20,90,367 81,98,127
ROE (net income / shareholders' equity) 19.4% 15.2% 13.9% 9.45% 5.07% 1.08%
ROA (Net income/ Total Assets) 4.18% 1.3% 0.2% 1.27% 0.48% -0.12%
Assets 1 7,72,41,723 26,31,79,258 1,94,20,57,301 25,39,32,359 45,30,74,439 -52,61,32,250
Book Value Per Share 2 11,736 12,928 14,766 18,149 19,200 19,510
Cash Flow per Share 2 7,454 3,752 6,594 8,935 4,410 1,750
Capex 1 1,70,699 3,83,243 1,99,371 8,95,881 2,93,935 12,766
Capex / Sales 1.12% 3.51% 3.97% 6.01% 2.64% 0.27%
Announcement Date 26/03/19 25/02/20 09/03/21 01/03/22 21/04/23 17/04/24
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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