Sayfa yüklenirken bir hata oluştu.
Teknik ekibimiz bilgilendirildi, ancak sorunun devam etmesi durumunda lütfen e-posta destek widget ile bize ulaşın.
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM EBIT Multiple | 8,4x - 9,3x | 8,8x |
| Selected Fwd EBIT Multiple | 7,9x - 8,7x | 8,3x |
| Fair Value | ₫13.580 - ₫15.067 | ₫14.323 |
| Upside | -19,2% - -10,3% | -14,7% |
| Benchmarks | Ticker | Full Ticker |
| PT Citra Marga Nusaphala Persada Tbk | CMNP | IDX:CMNP |
| Deo Ca Traffic Infrastructure Investment Joint Stock Company | HHV | HOSE:HHV |
| Hai An Transport And Stevedoring Joint Stock Company | HAH | HOSE:HAH |
| Ho Chi Minh City Infrastructure Investment Joint Stock Company | CII | HOSE:CII |
| Dong Nai Port Joint Stock Company | PDN | HOSE:PDN |
| Vietnam Container Shipping Joint Stock Corporation | VSC | HOSE:VSC |
| - | - | - |
| Select LTM EBIT Multiple | |||||||
| Benchmark Companies | |||||||
| CMNP | HHV | HAH | CII | PDN | VSC | ||
| IDX:CMNP | HOSE:HHV | HOSE:HAH | HOSE:CII | HOSE:PDN | HOSE:VSC | ||
| Historical EBIT Growth | |||||||
| 5Y CAGR | 9.0% | 52.2% | 47.3% | NM- | 20.3% | 8.0% | |
| 3Y CAGR | 20.2% | NM- | 18.8% | 57.2% | 27.2% | 1.8% | |
| Latest Twelve Months | 0.4% | 24.5% | 117.5% | 70.9% | 10.9% | 16.7% | |
| Historical EBIT Profit Margin | |||||||
| 5 Year Average Margin | 28.6% | 47.6% | 24.9% | 14.2% | 26.2% | 21.4% | |
| Prior Fiscal Year | 22.4% | 38.0% | 18.6% | 19.6% | 30.4% | 19.6% | |
| Latest Fiscal Year | 41.8% | 38.4% | 26.5% | 34.3% | 31.0% | 17.9% | |
| Latest Twelve Months | 41.8% | 38.4% | 26.5% | 34.3% | 31.5% | 17.9% | |
| Current Trading Multiples | |||||||
| EV / LTM Revenue | 4.31x | 7.64x | 2.36x | 9.70x | 3.26x | 1.86x | |
| EV / LTM EBITDA | 9.1x | 15.6x | 6.2x | 14.5x | 9.4x | 7.1x | |
| EV / LTM EBIT | 10.3x | 19.9x | 8.9x | 28.3x | 10.5x | 10.4x | |
| Low | Mid | High | |||||
| Benchmark EV / LTM EBIT | 8.9x | 10.5x | 28.3x | ||||
| Historical EV / LTM EBIT | 4.4x | 8.7x | 10.4x | ||||
| Selected EV / LTM EBIT | 8.4x | 8.8x | 9.3x | ||||
| (x) LTM EBIT | 499,083 | 499,083 | 499,083 | ||||
| (=) Implied Enterprise Value | 4,193,546 | 4,414,259 | 4,634,972 | ||||
| (-) Non-shareholder Claims * | (162,414) | (162,414) | (162,414) | ||||
| (=) Equity Value | 4,031,132 | 4,251,845 | 4,472,558 | ||||
| (/) Shares Outstanding | 299.5 | 299.5 | 299.5 | ||||
| Implied Value Range | 13,459.50 | 14,196.44 | 14,933.37 | ||||
| FX Rate: VND/VND | 1.0 | 1.0 | 1.0 | Market Price | |||
| Implied Value Range (Trading Cur) | 13,459.50 | 14,196.44 | 14,933.37 | 16,800.00 | |||
| Upside / (Downside) | -19.9% | -15.5% | -11.1% | ||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | CMNP | HHV | HAH | CII | PDN | VSC | |
| Enterprise Value | 17,722,856 | 5,122,228 | 9,431,726 | 29,371,505 | 4,308,774 | 5,194,028 | |
| (+) Cash & Short Term Investments | 132,901 | 0 | 992,390 | 2,368,657 | 771,711 | 1,403,382 | |
| (+) Investments & Other | 550,603 | 0 | 173,753 | 1,023,929 | 70,965 | 759,362 | |
| (-) Debt | (6,641,194) | 0 | (2,330,258) | (23,173,638) | (98,661) | (1,950,053) | |
| (-) Other Liabilities | (1,470,459) | 0 | (694,766) | (3,096,931) | 0 | (375,106) | |
| (-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| Value of Common Equity | 10,294,707 | 5,122,228 | 7,572,845 | 6,493,523 | 5,052,789 | 5,031,614 | |
| (/) Shares Outstanding | 6,020.3 | 432.3 | 129.9 | 548.0 | 37.0 | 299.5 | |
| Implied Stock Price | 1,710.00 | 11,850.00 | 58,300.00 | 11,850.00 | 136,400.00 | 16,800.00 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 1,710.00 | 11,850.00 | 58,300.00 | 11,850.00 | 136,400.00 | 16,800.00 | |
| Trading Currency | IDR | VND | VND | VND | VND | VND | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |