Financials Danang Airport Service

Equities

MAS

VN000000MAS1

Airport Services

End-of-day quote HANOI S.E. 23:00:00 20/06/2024 BST 5-day change 1st Jan Change
37,400 VND 0.00% Intraday chart for Danang Airport Service +6.86% +4.18%

Valuation

Fiscal Period: December 2017 2018 2019
Capitalization 1 383,238 187,778 227,041
Enterprise Value (EV) 1 402,434 217,930 241,892
P/E ratio 8.88 x 14.1 x 16.6 x
Yield 8.63% 6.25% -
Capitalization / Revenue 1.31 x 0.8 x 0.91 x
EV / Revenue 1.37 x 0.93 x 0.97 x
EV / EBITDA 6.16 x 5.77 x 6.55 x
EV / FCF 57.5 x -126 x 8.58 x
FCF Yield 1.74% -0.8% 11.6%
Price to Book 5.91 x 3.3 x 3.97 x
Nbr of stocks (in thousands) 4,268 4,268 4,268
Reference price 2 89,800 44,000 53,200
Announcement Date 12/09/18 16/10/19 31/03/20
1VND in Million2VND
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019
Net sales 1 292,992 235,430 248,650
EBITDA 1 65,378 37,765 36,916
EBIT 1 48,234 19,888 20,092
Operating Margin 16.46% 8.45% 8.08%
Earnings before Tax (EBT) 1 49,466 18,232 18,896
Net income 1 39,650 14,854 15,458
Net margin 13.53% 6.31% 6.22%
EPS 2 10,116 3,123 3,197
Free Cash Flow 1 6,997 -1,736 28,178
FCF margin 2.39% -0.74% 11.33%
FCF Conversion (EBITDA) 10.7% - 76.33%
FCF Conversion (Net income) 17.65% - 182.29%
Dividend per Share 2 7,750 2,750 -
Announcement Date 12/09/18 16/10/19 31/03/20
1VND in Million2VND
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019
Net Debt 1 19,197 30,152 14,852
Net Cash position 1 - - -
Leverage (Debt/EBITDA) 0.2936 x 0.7984 x 0.4023 x
Free Cash Flow 1 6,997 -1,736 28,178
ROE (net income / shareholders' equity) 62.1% 24.4% 27.1%
ROA (Net income/ Total Assets) 21.4% 8.8% 9.91%
Assets 1 185,206 168,833 156,025
Book Value Per Share 2 15,198 13,319 13,414
Cash Flow per Share 2 4,041 1,183 2,406
Capex 1 46,514 16,475 5,043
Capex / Sales 15.88% 7% 2.03%
Announcement Date 12/09/18 16/10/19 31/03/20
1VND in Million2VND
Estimates
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