Financials Thien Viet Securities

Equities

TVS

VN000000TVS2

Investment Banking & Brokerage Services

End-of-day quote Ho Chi Minh S.E. 03:30:00 14/05/2024 am IST 5-day change 1st Jan Change
23,900 VND +0.63% Intraday chart for Thien Viet Securities -2.45% +13.27%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 8,30,162 11,21,746 14,29,322 64,78,049 26,76,880 31,92,740
Enterprise Value (EV) 1 20,60,958 25,28,883 30,52,466 77,97,540 38,41,634 56,31,509
P/E ratio 5.85 x 10.1 x 5.91 x 12.4 x 61.3 x 12.7 x
Yield 3.73% - 4.12% - - -
Capitalization / Revenue 2.15 x 3.43 x 2.76 x 6.93 x 3.21 x 2.9 x
EV / Revenue 5.33 x 7.74 x 5.9 x 8.34 x 4.61 x 5.11 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 0.95 x 1.14 x 1.09 x 3.69 x 1.51 x 1.55 x
Nbr of stocks (in thousands) 1,25,992 1,31,942 1,48,408 1,48,406 1,48,406 1,51,315
Reference price 2 6,589 8,502 9,631 43,651 18,038 21,100
Announcement Date 20/03/19 30/03/20 31/03/21 04/04/22 30/03/23 29/03/24
1VND in Million2VND
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3,86,556 3,26,735 5,17,064 9,35,136 8,33,843 11,02,660
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 1,76,817 1,37,000 2,88,672 6,44,011 52,445 3,12,910
Net income 1 1,40,600 1,10,235 2,32,635 5,16,929 43,651 2,51,281
Net margin 36.37% 33.74% 44.99% 55.28% 5.23% 22.79%
EPS 2 1,126 839.9 1,631 3,524 294.1 1,662
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 245.9 - 397.2 - - -
Announcement Date 20/03/19 30/03/20 31/03/21 04/04/22 30/03/23 29/03/24
1VND in Million2VND
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 12,30,797 14,07,137 16,23,144 13,19,492 11,64,755 24,38,769
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 17.4% 11.9% 20.3% 33.8% 2.51% 13.2%
ROA (Net income/ Total Assets) 6.54% 3.89% 6.75% 9.32% 0.53% 2.19%
Assets 1 21,48,757 28,35,995 34,48,440 55,47,400 82,25,262 1,14,75,087
Book Value Per Share 2 6,933 7,427 8,812 11,822 11,908 13,571
Cash Flow per Share 2 681.0 188.0 876.0 2,359 1,999 1,858
Capex 1 964 527 6,066 10,215 5,002 4,705
Capex / Sales 0.25% 0.16% 1.17% 1.09% 0.6% 0.43%
Announcement Date 20/03/19 30/03/20 31/03/21 04/04/22 30/03/23 29/03/24
1VND in Million2VND
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. TVS Stock
  4. Financials Thien Viet Securities
-40% Limited Time Offer: Our subscriptions help you unlock hidden opportunities.
SIGN UP NOW