Company Valuation: Net Detergent

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 1,343,902 1,243,110 949,691 1,437,976 1,729,154 1,518,610
Change - -7.5% -23.6% 51.42% 20.25% -12.18%
Enterprise Value (EV) 1 1,239,737 1,127,082 893,645 1,268,710 1,441,488 1,168,429
Change - -9.09% -20.71% 41.97% 13.62% -18.94%
P/E 10.1x 11x 10.8x 8.06x 8.37x 9.57x
PBR 3.47x 3.47x 2.84x 3.31x 3.27x 2.8x
PEG - -0.7x -0.5x 0x 0.5x -0.4x
Capitalization / Revenue 0.91x 0.84x 0.62x 0.79x 1.05x 0.94x
EV / Revenue 0.84x 0.76x 0.58x 0.7x 0.87x 0.72x
EV / EBITDA 7.41x 7.81x 7.48x 5.88x 5.28x 5.58x
EV / EBIT 8.47x 9.18x 9.17x 6.52x 5.73x 6.23x
EV / FCF 52.9x 9.59x 37.8x 10x 7.92x 7.73x
FCF Yield 1.89% 10.4% 2.65% 10% 12.6% 12.9%
Dividend per Share 2 6,000 5,000 3,500 - 6,500 -
Rate of return 10% 9.01% 8.25% - 8.42% -
EPS 2 5,956 5,061 3,936 7,966 9,225 7,085
Distribution rate 101% 98.8% 88.9% - 70.5% -
Net sales 1 1,470,114 1,479,645 1,529,909 1,809,653 1,652,662 1,619,209
EBITDA 1 167,267 144,245 119,501 215,671 272,872 209,238
EBIT 1 146,351 122,775 97,432 194,466 251,729 187,630
Net income 1 133,411 113,364 88,155 178,435 206,624 158,683
Net Debt 1 -104,165 -116,028 -56,046 -169,265 -287,666 -350,181
Reference price 2 60,000.00 55,500.00 42,400.00 64,200.00 77,200.00 67,800.00
Nbr of stocks (in thousands) 22,398 22,398 22,398 22,398 22,398 22,398
Announcement Date 18/03/21 22/03/22 03/03/23 12/03/24 03/03/25 03/03/26
1VND in Million2VND
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 55.88M
16.96x3.18x11.43x4.24% 43.36B
26.43x4.09x17.54x1.26% 23.36B
19.19x2.45x13.27x5.14% 11.76B
16.91x1.89x10.62x3.37% 5.73B
15.63x1.96x11.54x9.44% 3.81B
41.06x5.05x28.12x - 3.31B
18.6x0.88x6.72x1.97% 2.95B
Average 22.11x 2.79x 14.18x 4.24% 11.79B
Weighted average by Cap. 20.43x 3.18x 13.57x 3.68%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Stocks
  3. NET Stock
  4. Valuation Net Detergent