Valuation The Southern Rubber Industry

Stocks

End-of-day quote Ho Chi Minh S.E. Other stock markets 24/07/2026			5-day change	1st Jan Change
14,200.00 ^VND	0.00%		+3.65%	+6.37%

29/04	The Southern Rubber Industry Joint Stock Company Announces Corporate Governance Officer Cum Secretary Changes, Effective April 29, 2026	CI
20/04	The Southern Rubber Industry 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	18,23,805	19,58,517	14,92,204	12,64,228	16,01,010	13,83,397
Change	-	7.39%	-23.81%	-15.28%	26.64%	-13.59%
Enterprise Value (EV) ¹	36,90,747	41,56,854	37,43,121	29,61,335	30,44,408	24,38,737
Change	-	12.63%	-9.95%	-20.89%	2.81%	-19.89%
P/E	20.1x	46.6x	26x	31.8x	35.7x	32.5x
PBR	1.43x	1.56x	1.15x	0.95x	1.18x	1.01x
PEG	-	-0.9x	0.7x	-1x	2.8x	-6.42x
Capitalization / Revenue	0.39x	0.4x	0.28x	0.24x	0.34x	0.33x
EV / Revenue	0.79x	0.86x	0.7x	0.57x	0.65x	0.59x
EV / EBITDA	8.08x	11x	8.07x	7.97x	9.95x	9.04x
EV / EBIT	15.3x	24.7x	15x	17.4x	26.3x	21.4x
EV / FCF	15x	-14x	-888x	5.61x	14.7x	6.14x
FCF Yield	6.65%	-7.13%	-0.11%	17.8%	6.79%	16.3%
Dividend per Share ²	-	300	300	300	300	-
Rate of return	-	1.59%	2.08%	2.46%	1.94%	-
EPS ²	874.9	405.5	554.2	383.8	432.6	410.7
Distribution rate	-	74%	54.1%	78.2%	69.4%	-
Net sales ¹	46,92,034	48,39,508	53,20,632	52,34,907	47,12,176	41,42,875
EBITDA ¹	4,56,525	3,77,108	4,64,111	3,71,774	3,05,873	2,69,697
EBIT ¹	2,40,871	1,68,342	2,49,823	1,70,668	1,15,562	1,13,819
Net income ¹	90,661	42,015	79,185	60,375	72,071	42,555
Net Debt ¹	18,66,942	21,98,336	22,50,917	16,97,107	14,43,398	10,55,340
Reference price ²	17,600.00	18,900.00	14,400.00	12,200.00	15,450.00	13,350.00
Nbr of stocks (in thousands)	1,03,625	1,03,625	1,03,625	1,03,625	1,03,625	1,03,625
Announcement Date	02/04/21	10/03/22	24/03/23	19/03/24	21/03/25	16/03/26

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 (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
THE SOUTHERN RUBBER INDUSTRY	-	-	-	-	5.59Cr
PIRELLI & C. S.P.A.	13.95x	1.2x	5.22x	4%	798.56Cr
HANKOOK TIRE & TECHNOLOGY CO., LTD.	6.08x	0.53x	3.15x	4.2%	588.91Cr
MRF LIMITED	23.76x	1.62x	11.52x	0.17%	575.85Cr
BALKRISHNA INDUSTRIES LIMITED	25.49x	3.2x	14.6x	0.91%	404.3Cr
CHENG SHIN RUBBER IND. CO., LTD.	22.32x	1.23x	8x	3.58%	313.12Cr
APOLLO TYRES LIMITED	16.01x	0.91x	7.07x	1.49%	276.76Cr
SHANDONG LINGLONG TYRE CO.,LTD.	14.43x	0.96x	7.3x	2.69%	236.89Cr
QINGDAO SENTURY TIRE CO., LTD.	9.05x	-	-	5.31%	210.29Cr
TRIANGLE TYRE CO.,LTD	10.06x	-	-	-	147.81Cr
Average	15.68x	1.38x	8.12x	2.8%	355.81Cr
Weighted average by Cap.	16.03x	1.36x	7.75x	2.77%