Valuation Thaiholdings

Stocks

End-of-day quote HANOI S.E. Other stock markets 07/07/2026			5-day change	1st Jan Change
1,22,500.00 ^VND	-7.62%		-28.78%	+304.29%

23/04	Thaiholdings Joint Stock Company Reports Earnings Results for the First Quarter Ended March 31, 2026	CI
20/01	Thaiholdings Joint Stock Company Reports Earnings Results for the Fourth Quarter Ended December 31, 2025	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Market Cap ¹	61,98,500	9,69,50,000	1,36,50,000	1,35,90,499	1,36,67,499	1,16,65,499
Change	-	1,464.09%	-85.92%	-0.44%	0.57%	-14.65%
Enterprise Value (EV) ¹	93,31,016	9,89,74,603	1,44,50,006	1,34,54,357	1,35,99,208	1,16,46,316
Change	-	960.71%	-85.4%	-6.89%	1.08%	-14.36%
P/E	48.9x	97.9x	56x	77x	162x	116x
PBR	4.34x	18.2x	2.71x	2.6x	3.17x	2.64x
PEG	-	4.8x	-0.7x	-2.8x	-3.1x	6x
Capitalization / Revenue	3.4x	11.8x	3.32x	7.27x	14x	11.9x
EV / Revenue	5.13x	12x	3.51x	7.19x	14x	11.9x
EV / EBITDA	60.3x	209x	79.5x	-62.7x	-2,764x	-3,700x
EV / EBIT	64.3x	517x	880x	-61.6x	-2,727x	-3,663x
EV / FCF	6.79x	-48.5x	-18.1x	-42.6x	-10.1x	-109x
FCF Yield	14.7%	-2.06%	-5.53%	-2.35%	-9.89%	-0.92%
Dividend per Share ²	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-
EPS ²	2,137	2,573	633.6	458.4	218.7	261
Distribution rate	-	-	-	-	-	-
Net sales ¹	18,20,617	82,42,532	41,12,640	18,70,236	9,73,631	9,78,528
EBITDA ¹	1,54,767	4,73,698	1,81,814	-2,14,652	-4,921	-3,147
EBIT ¹	1,45,082	1,91,402	16,415	-2,18,300	-4,988	-3,180
Net income ¹	8,22,952	9,47,113	2,43,942	1,76,503	84,195	1,00,602
Net Debt ¹	31,32,516	20,24,603	8,00,006	-1,36,142	-68,291	-19,183
Reference price ²	1,04,545.45	2,51,818.18	35,454.55	35,300.00	35,500.00	30,300.00
Nbr of stocks (in thousands)	59,290	3,85,000	3,85,000	3,85,000	3,85,000	3,85,000
Announcement Date	12/03/22	12/03/22	20/03/23	08/04/24	31/03/25	03/04/26