Company Valuation: Coteccons Construction

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,806,154 3,973,640 5,127,142 7,005,094 8,544,016 7,100,914 - -
Change - -17.32% 29.03% 36.63% 21.97% -16.89% - -
Enterprise Value (EV) 1 1,522,479 3,973,640 5,127,142 7,005,094 8,544,016 5,758,714 4,496,014 4,620,014
Change - 161% 29.03% 36.63% 21.97% -32.6% -21.93% 2.76%
P/E 198x 192x 97.3x - - - - -
PBR 0.58x 0.48x - - 0.97x 0.7x 0.64x -
PEG - -13.6x 1x - - - - -
Capitalization / Revenue 0.53x 0.27x 0.76x 0.36x 0.34x 0.23x 0.16x 0.16x
EV / Revenue 0.17x 0.27x 0.76x 0.36x 0.34x 0.19x 0.1x 0.1x
EV / EBITDA -10.6x -28x - - 14.4x 5.77x 3.94x 3.53x
EV / EBIT -6.14x -16x - 73.5x 17.9x 7.25x 3.97x 4.01x
EV / FCF 4.74x -2.18x - -13.3x - -68.8x 3.96x -17.7x
FCF Yield 21.1% -45.8% - -7.51% - -1.45% 25.3% -5.66%
Dividend per Share 2 679.7 - - - - 952 1,000 1,000
Rate of return 1.54% - - - - 1.5% 1.57% 1.57%
EPS 2 221.8 190.5 481.6 - - - - -
Distribution rate 306% - - - - - - -
Net sales 1 9,087,304 14,538,688 6,748,538 19,227,626 24,866,699 30,691,733 43,281,267 45,209,300
EBITDA 1 -143,267 -141,735 - - 592,320 998,450 1,140,250 1,307,000
EBIT 1 -247,777 -248,024 - 95,330 478,619 794,067 1,131,600 1,153,300
Net income 1 24,191 20,712 - - - 828,400 891,600 1,016,600
Net Debt 1 -3,283,674 - - - - -1,342,200 -2,604,900 -2,480,900
Reference price 2 44,013.61 36,598.64 46,870.75 63,582.77 77,551.02 63,500.00 63,500.00 63,500.00
Nbr of stocks (in thousands) 109,197 108,573 109,389 110,173 110,173 111,825 - -
Announcement Date 27/01/22 30/01/23 28/07/23 01/08/24 30/07/25 - - -
1VND in Million2VND
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- 0.19x5.77x - 270M
65.05x2.81x27.51x0.07% 94.32B
13.09x1.06x5.81x4.48% 71.3B
38.8x4.75x26.33x0.17% 58.83B
25.27x1.93x18.78x1.23% 54.5B
55.39x4.6x29.44x1.64% 45.98B
33.09x0.78x13.13x1.92% 39.23B
27.88x0.54x8.68x2.14% 35.71B
25.4x1.65x15.86x0.19% 33.07B
4.66x0.29x6.25x6.11% 27.62B
Average 32.07x 1.86x 15.76x 2% 46.08B
Weighted average by Cap. 35.91x 2.28x 18.36x 1.75%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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