Company Valuation: Phuoc Hoa Rubber

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 96,61,093 53,38,668 67,34,310 72,08,557 79,26,703 80,97,432 - -
Change - -44.74% 26.14% 7.04% 9.96% 2.15% - -
Enterprise Value (EV) 96,61,093 53,38,668 67,34,310 72,08,557 79,26,703 80,97,432 80,97,432 80,97,432
Change - -44.74% 26.14% 7.04% 9.96% 2.15% 0% 0%
P/E 18.5x 6.28x 10.8x 17.1x 16.7x 5.09x 4.94x 5.39x
PBR 3.23x 1.62x 1.76x 1.84x 1.86x 1.66x 1.19x 1.16x
PEG - 0.1x -0.4x -0.5x 1.3x 0x 1.62x -0.65x
Capitalization / Revenue 4.97x 3.12x 4.98x 4.41x 4.42x 4.67x 4.63x 3.81x
EV / Revenue 0x 0x 0x 0x 0x 4.67x 4.63x 3.81x
EV / EBITDA 0x 0x 0x 0x 0x 22.6x 18.6x 10x
EV / EBIT 0x 0x 0x 0x 0x 15.5x 28.9x 16.7x
EV / FCF 0x 0x 0x - 0x 35.8x 21.9x 27.8x
FCF Yield 1.36% 12.2% 3.38% - 7.03% 2.79% 4.57% 3.59%
Dividend per Share 2 1,389 2,222 1,667 - - 1,806 2,370 1,278
Rate of return 3.51% 10.2% 6.04% - - 5.44% 7.14% 3.85%
EPS 2 2,139 3,484 2,551 1,731 1,946 6,525 6,723 6,162
Distribution rate 64.9% 63.8% 65.3% - - 27.7% 35.3% 20.7%
Net sales 1 19,42,366 17,08,579 13,51,024 16,33,091 17,94,933 17,33,333 17,47,400 21,23,000
EBITDA 1 4,90,376 3,78,204 3,33,330 3,92,732 4,41,391 3,58,000 4,34,333 8,08,000
EBIT 1 3,71,267 2,44,260 1,95,395 2,52,574 2,88,496 5,22,000 2,80,333 4,84,000
Net income 1 5,41,874 8,86,933 6,22,154 4,60,049 5,13,443 18,52,017 18,41,800 9,32,000
Net Debt - - - - - - - -
Reference price 2 39,611.11 21,888.89 27,611.11 29,555.56 32,500.00 33,200.00 33,200.00 33,200.00
Nbr of stocks (in thousands) 2,43,899 2,43,899 2,43,899 2,43,899 2,43,899 2,43,899 - -
Announcement Date 20/01/22 18/01/23 19/01/24 01/04/25 30/01/26 - - -
1VND in Million2VND
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
5.09x - - 5.44% 31Cr
13.02x0.99x5.29x3.58% 2.98TCr
13.54x0.98x5.51x4.07% 2.52TCr
14.31x1.23x5.32x4.02% 802.21Cr
8.33x1.13x5.37x3.37% 706.21Cr
9.81x1x5.72x3.02% 622.7Cr
8.69x - - 3.5% 573.36Cr
23.77x1.56x11.8x0.19% 545.8Cr
5.56x0.48x3.02x5.11% 542.57Cr
14.92x - - 3.05% 504.14Cr
Average 11.70x 1.05x 6.00x 3.54% 982.95Cr
Weighted average by Cap. 12.72x 1.03x 5.66x 3.56%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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