Financials Coteccons Construction

Equities

CTD

VN000000CTD4

Construction & Engineering

End-of-day quote Ho Chi Minh S.E. 23:00:00 27/06/2024 BST 5-day change 1st Jan Change
70,100 VND -3.58% Intraday chart for Coteccons Construction -8.01% +1.89%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 12,511,474 3,913,809 5,927,933 8,087,612 2,416,020 6,724,824 7,005,094 -
Enterprise Value (EV) 1 8,051,583 -128,632 2,680,208 4,803,938 2,416,020 6,724,824 7,005,094 7,005,094
P/E ratio 8.72 x 5.79 x 13.5 x 336 x 118 x 130 x - -
Yield 1.88% 5.85% 3.91% 0.91% - - - -
Capitalization / Revenue 0.44 x 0.16 x 0.41 x 0.89 x 0.17 x 1 x 0.37 x 0.35 x
EV / Revenue 0.44 x 0.16 x 0.41 x 0.89 x 0.17 x 1 x 0.37 x 0.35 x
EV / EBITDA 8.8 x 5.61 x 12.7 x -56.5 x -17 x - 33.8 x 15.9 x
EV / FCF -11,713,429 x -9,644,787 x - 25,159,431 x -1,326,845 x - - -
FCF Yield -0% -0% - 0% -0% - - -
Price to Book 1.52 x 0.47 x 0.69 x 0.99 x 0.3 x - 0.76 x 0.72 x
Nbr of stocks (in thousands) 104,262 101,723 101,723 98,479 97,914 97,745 99,930 -
Reference price 2 120,000 38,475 58,275 82,125 24,675 68,800 70,100 70,100
Announcement Date 21/01/19 20/01/20 01/02/21 27/01/22 30/01/23 28/07/23 - -
1VND in Million2VND
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net sales 1 28,560,857 23,733,028 14,628,073 9,087,304 14,538,688 6,748,538 19,032,250 19,987,000
EBITDA 1 1,421,757 697,642 468,276 -143,267 -141,735 - 207,000 440,000
EBIT 1 1,327,795 589,128 360,329 -247,777 -248,024 - 123,500 246,500
Operating Margin 4.65% 2.48% 2.46% -2.73% -1.71% - 0.65% 1.23%
Earnings before Tax (EBT) 1,872,974 890,731 588,844 38,154 34,826 - - -
Net income 1,510,408 710,891 463,281 24,191 20,712 - - -
Net margin 5.29% 3% 3.17% 0.27% 0.14% - - -
EPS 13,768 6,644 4,327 244.5 210.0 531.0 - -
Free Cash Flow -1,068,130 -405,795 - 321,454 -1,820,876 - - -
FCF margin -3.74% -1.71% - 3.54% -12.52% - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - 1,328.82% - - - -
Dividend per Share 2,250 2,250 2,279 749.3 - - - -
Announcement Date 21/01/19 20/01/20 01/02/21 27/01/22 30/01/23 28/07/23 - -
1VND in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - - -
Net Cash position 4,459,891 4,042,441 3,247,725 3,283,674 - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow -1,068,130 -405,795 - 321,454 -1,820,876 - - -
ROE (net income / shareholders' equity) 19.8% 8.68% 5.49% 0.29% 0.25% - 3.41% 5.11%
ROA (Net income/ Total Assets) 9.24% 4.31% 3.05% 0.17% 0.12% - 1.2% 1.92%
Assets 16,349,941 16,509,306 15,201,011 14,425,148 17,005,091 - - -
Book Value Per Share 1 79,120 82,729 84,362 83,194 83,403 - 92,003 96,880
Cash Flow per Share - - - - - - - -
Capex 2 134,240 76,631 5,074 47,080 194,756 - 337,000 50,000
Capex / Sales 0.47% 0.32% 0.03% 0.52% 1.34% - 1.77% 0.25%
Announcement Date 21/01/19 20/01/20 01/02/21 27/01/22 30/01/23 28/07/23 - -
1VND2VND in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
70,100 VND
Average target price
81,762 VND
Spread / Average Target
+16.64%
Consensus

Annual profits - Rate of surprise

  1. Stock Market
  2. Equities
  3. CTD Stock
  4. Financials Coteccons Construction