Valuation Thong Nhat Rubber

Stocks

End-of-day quote Ho Chi Minh S.E. 06/10/2026			5-day change	1st Jan Change
26,700.00 ^VND	+0.38%		-0.19%	-18.10%

04/09	Thong Nhat Rubber Joint Stock Company Approves Cash Dividend for 2025, Payable on November 09, 2026	CI
22/07	Thong Nhat Rubber Joint Stock Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2023	2024	2025
Market Cap ¹	12,37,775	6,26,588	6,27,550
Change	-	-49.38%	0.15%
Enterprise Value (EV) ¹	10,91,050	4,75,426	4,59,699
Change	-	-56.42%	-3.31%
P/E	54.6x	21.1x	17.1x
PBR	3.72x	1.84x	1.8x
PEG	-	0.7x	0.7x
Capitalization / Revenue	9.56x	4.38x	3.78x
EV / Revenue	8.42x	3.32x	2.77x
EV / EBITDA	60.1x	17.2x	17.2x
EV / EBIT	129x	26.8x	25.6x
EV / FCF	-	-	-
FCF Yield	-	-	-
Dividend per Share ²	-	-	1,600
Rate of return	-	-	4.91%
EPS ²	1,178	1,545	1,903
Distribution rate	-	-	84.1%
Net sales ¹	1,29,523	1,43,178	1,65,987
EBITDA ¹	18,158	27,623	26,686
EBIT ¹	8,445	17,764	17,982
Net income ¹	32,839	40,410	49,245
Net Debt ¹	-1,46,725	-1,51,162	-1,67,851
Reference price ²	64,300.00	32,550.00	32,600.00
Nbr of stocks (in thousands)	19,250	19,250	19,250
Announcement Date	01/04/25	01/04/25	25/03/26

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 (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
THONG NHAT RUBBER	-	-	-	-	1.98Cr
BRIDGESTONE CORPORATION	13.15x	1x	5.35x	3.54%	3.01TCr
MICHELIN (CGDE)	13.81x	1x	5.61x	3.99%	2.57TCr
PIRELLI & C. S.P.A.	14.65x	1.25x	5.43x	3.93%	821.88Cr
THE YOKOHAMA RUBBER COMPANY, LIMITED	8.58x	1.15x	5.49x	3.28%	725.41Cr
SAILUN GROUP CO., LTD.	9.81x	1x	5.72x	3.02%	622.71Cr
ZHONGCE RUBBER GROUP CO., LTD.	8.69x	-	-	3.5%	573.36Cr
HANKOOK TIRE & TECHNOLOGY CO., LTD.	5.61x	0.49x	3.04x	5.02%	550.56Cr
MRF LIMITED	24.76x	1.56x	12.24x	0.19%	545.9Cr
VIETNAM RUBBER INDUSTRY GROUP -	14.95x	-	-	3.05%	504.71Cr
Average	12.67x	1.06x	6.12x	3.28%	992.65Cr
Weighted average by Cap.	12.96x	1.04x	5.75x	3.51%