Financials Vietnam Construction and Import-ExportCorporation

Equities

VCG

VN000000VCG3

Construction & Engineering

End-of-day quote Ho Chi Minh S.E. 06:00:00 2024-07-03 pm EDT 5-day change 1st Jan Change
18,700 VND -0.80% Intraday chart for Vietnam Construction and Import-ExportCorporation -0.53% -15.21%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 24,891,619 8,381,428 13,201,298 11,193,698 - -
Enterprise Value (EV) 1 24,891,619 8,381,428 13,201,298 11,193,698 11,193,698 11,193,698
P/E ratio 52.9 x - - - - -
Yield - - - - - -
Capitalization / Revenue - 0.99 x 1.04 x 0.9 x 0.81 x 0.74 x
EV / Revenue - 0.99 x 1.04 x 0.9 x 0.81 x 0.74 x
EV / EBITDA - 6.99 x 16.1 x 8.74 x 62.2 x 27.3 x
EV / FCF - -2,634,903 x - - - -
FCF Yield - -0% - - - -
Price to Book - - - 1.48 x 1.46 x 1.51 x
Nbr of stocks (in thousands) 652,478 598,604 598,601 598,593 - -
Reference price 2 38,149 14,002 22,054 18,700 18,700 18,700
Announcement Date 1/28/22 1/31/23 1/31/24 - - -
1VND in Million2VND
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net sales 1 - 8,452,855 12,704,846 12,417,000 13,882,000 15,102,000
EBITDA 1 - 1,199,824 818,561 1,281,000 180,000 410,000
EBIT 1 - 924,082 475,352 289,000 183,000 164,000
Operating Margin - 10.93% 3.74% 2.33% 1.32% 1.09%
Earnings before Tax (EBT) - - - - - -
Net income 405,832 - - - - -
Net margin - - - - - -
EPS 721.7 - - - - -
Free Cash Flow - -3,180,924 - - - -
FCF margin - -37.63% - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 1/28/22 1/31/23 1/31/24 - - -
1VND in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - -3,180,924 - - - -
ROE (net income / shareholders' equity) - 11.6% 5.36% 2.2% 1.4% 1.2%
ROA (Net income/ Total Assets) - 2.48% 1.22% 0.7% 0.4% 0.4%
Assets - - - - - -
Book Value Per Share 1 - - - 12,620 12,806 12,412
Cash Flow per Share - -2,951 5,032 - 129.0 72.30
Capex 2 - 1,544,074 483,609 450,000 550,000 550,000
Capex / Sales - 18.27% 3.81% 3.62% 3.96% 3.64%
Announcement Date 1/28/22 1/31/23 1/31/24 - - -
1VND2VND in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
18,700 VND
Average target price
21,429 VND
Spread / Average Target
+14.59%
Consensus

Annual profits - Rate of surprise

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