PETRO VIETNAM LPG |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 9,300 VND | +1.09% |
|
+6.90% | +3.33% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 2,35,619 | 2,92,000 | 3,21,200 | 5,18,300 | 2,48,200 | 3,28,500 |
| Enterprise Value (EV) 1 | 5,95,519 | 3,57,384 | 40,171 | -2,42,994 | -1,60,992 | -2,92,160 |
| P/E ratio | 19.8 x | 1,285 x | 689 x | 35.4 x | 15.2 x | 302 x |
| Yield | - | - | - | 2.11% | 4.41% | - |
| Capitalization / Revenue | 0.06 x | 0.08 x | 0.09 x | 0.13 x | 0.05 x | 0.07 x |
| EV / Revenue | 0.15 x | 0.1 x | 0.01 x | -0.06 x | -0.03 x | -0.07 x |
| EV / EBITDA | 8.33 x | 6.54 x | 1.35 x | -5.41 x | -4.86 x | -20.8 x |
| EV / FCF | 113 x | 2 x | 0.14 x | -0.54 x | 0.42 x | -1.45 x |
| FCF Yield | 0.88% | 49.9% | 734% | -187% | 237% | -69.2% |
| Price to Book | 0.58 x | 0.61 x | 0.67 x | 1.05 x | 0.5 x | 0.68 x |
| Nbr of stocks (in thousands) | 27,720 | 36,500 | 36,500 | 36,500 | 36,500 | 36,500 |
| Reference price 2 | 8,500 | 8,000 | 8,800 | 14,200 | 6,800 | 9,000 |
| Announcement Date | 18/03/19 | 01/04/20 | 30/03/21 | 22/03/22 | 13/03/23 | 18/03/24 |
1VND in Million2VND
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 40,54,934 | 34,80,462 | 34,57,966 | 40,79,425 | 46,01,403 | 43,81,735 |
| EBITDA 1 | 71,456 | 54,654 | 29,744 | 44,921 | 33,132 | 14,080 |
| EBIT 1 | 34,904 | 19,112 | -8,646 | 358.7 | -6,301 | -24,543 |
| Operating Margin | 0.86% | 0.55% | -0.25% | 0.01% | -0.14% | -0.56% |
| Earnings before Tax (EBT) 1 | 15,077 | 206.9 | 1,037 | 18,620 | 20,626 | 1,321 |
| Net income 1 | 12,113 | 206.9 | 511.3 | 14,621 | 16,301 | 1,086 |
| Net margin | 0.3% | 0.01% | 0.01% | 0.36% | 0.35% | 0.02% |
| EPS 2 | 428.5 | 6.225 | 12.77 | 400.6 | 446.6 | 29.76 |
| Free Cash Flow 1 | 5,255 | 1,78,366 | 2,94,741 | 4,53,698 | -3,80,988 | 2,02,183 |
| FCF margin | 0.13% | 5.12% | 8.52% | 11.12% | -8.28% | 4.61% |
| FCF Conversion (EBITDA) | 7.35% | 326.36% | 990.93% | 1,010% | - | 1,436% |
| FCF Conversion (Net income) | 43.38% | 86,228.72% | 57,647.52% | 3,103% | - | 18,610.36% |
| Dividend per Share | - | - | - | 300.0 | 300.0 | - |
| Announcement Date | 18/03/19 | 01/04/20 | 30/03/21 | 22/03/22 | 13/03/23 | 18/03/24 |
1VND in Million2VND
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 3,59,901 | 65,384 | - | - | - | - |
| Net Cash position 1 | - | - | 2,81,029 | 7,61,294 | 4,09,192 | 6,20,660 |
| Leverage (Debt/EBITDA) | 5.037 x | 1.196 x | - | - | - | - |
| Free Cash Flow 1 | 5,255 | 1,78,366 | 2,94,741 | 4,53,698 | -3,80,988 | 2,02,183 |
| ROE (net income / shareholders' equity) | 3.02% | 0.05% | 0.11% | 2.99% | 3.28% | 0.22% |
| ROA (Net income/ Total Assets) | 1.5% | 0.87% | -0.38% | 0.01% | -0.24% | -0.94% |
| Assets 1 | 8,07,026 | 23,670 | -1,34,019 | 11,07,67,278 | -68,23,314 | -1,15,317 |
| Book Value Per Share 2 | 14,682 | 13,175 | 13,188 | 13,588 | 13,658 | 13,243 |
| Cash Flow per Share 2 | 1,223 | 1,988 | 6,909 | 15,713 | 9,763 | 12,058 |
| Capex 1 | 9,373 | 29,812 | 17,515 | 725 | 27,544 | 33,622 |
| Capex / Sales | 0.23% | 0.86% | 0.51% | 0.02% | 0.6% | 0.77% |
| Announcement Date | 18/03/19 | 01/04/20 | 30/03/21 | 22/03/22 | 13/03/23 | 18/03/24 |
1VND in Million2VND
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| +3.33% | 13.38M | |
| +12.59% | 239B | |
| +25.92% | 104B | |
| +19.84% | 62.64B | |
| +7.17% | 60.49B | |
| +24.94% | 53.11B | |
| +25.04% | 37.08B | |
| +28.76% | 27.98B | |
| -14.37% | 20.06B | |
| +12.79% | 19.89B |
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