Valuation Thaiholdings

Stocks

End-of-day quote HANOI S.E. 15/10/2026			5-day change	1st Jan Change
1,02,200.00 ^VND	-9.96%		+15.87%	+237.29%

31/07	Thaiholdings Joint Stock Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
23/04	Thaiholdings Joint Stock Company Reports Earnings Results for the First Quarter Ended March 31, 2026	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

¹VND in Million²VND

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
THAIHOLDINGS	-	-	-	-	168.76Cr
CRH PLC	13.93x	1.66x	8.12x	1.97%	5.27TCr
HOLCIM LTD	17.67x	2.43x	9.64x	2.92%	4.24TCr
MARTIN MARIETTA MATERIALS, INC.	26.18x	5.75x	17.33x	0.73%	3.35TCr
ULTRATECH CEMENT LIMITED	32.37x	3.35x	17.24x	1.03%	3.34TCr
VULCAN MATERIALS COMPANY	27.7x	4.29x	14.49x	0.87%	3.13TCr
HEIDELBERG MATERIALS AG	11.19x	1.35x	6.32x	2.75%	2.76TCr
CHINA JUSHI CO., LTD.	18.43x	5.8x	12.12x	2.43%	2.15TCr
GRASIM INDUSTRIES LIMITED	66.27x	4.11x	63.71x	0.35%	2.05TCr
AMRIZE AG	14.68x	1.86x	7.55x	1.49%	1.97TCr
Average	25.38x	3.40x	17.39x	1.62%	2.84TCr
Weighted average by Cap.	23.57x	3.23x	15.34x	1.69%