Financials Quoc Cuong Gia Lai

Equities

QCG

VN000000QCG3

Real Estate Development & Operations

End-of-day quote Ho Chi Minh S.E. 23:00:00 09/05/2024 BST 5-day change 1st Jan Change
16,350 VND -1.51% Intraday chart for Quoc Cuong Gia Lai +1.55% +62.69%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 4,099,424 1,265,594 1,095,014 2,492,670 4,305,771 1,095,014
Enterprise Value (EV) 1 6,886,067 2,984,415 3,023,954 3,180,733 5,043,075 1,842,916
P/E ratio 10.2 x 13.1 x 18.6 x 50 x 65.9 x 48.5 x
Yield 10.1% - - - - -
Capitalization / Revenue 4.79 x 1.73 x 1.28 x 1.33 x 4.1 x 0.87 x
EV / Revenue 8.04 x 4.08 x 3.52 x 1.7 x 4.8 x 1.46 x
EV / EBITDA 55 x 24.9 x 25.8 x 19.7 x 24.6 x 11.1 x
EV / FCF -17 x 2.92 x -26.1 x 29.2 x -34.1 x -169 x
FCF Yield -5.87% 34.3% -3.84% 3.43% -2.93% -0.59%
Price to Book 1.02 x 0.33 x 0.28 x 0.62 x 1.05 x 0.27 x
Nbr of stocks (in thousands) 275,129 275,129 275,129 275,129 275,129 275,129
Reference price 2 14,900 4,600 3,980 9,060 15,650 3,980
Announcement Date 10/04/18 11/04/19 19/06/20 07/04/21 01/04/22 03/04/23
1VND in Million2VND
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 856,706 732,181 858,467 1,867,924 1,049,898 1,265,783
EBITDA 1 125,138 119,979 117,309 161,366 204,827 166,271
EBIT 1 92,854 81,267 70,571 106,411 142,825 94,026
Operating Margin 10.84% 11.1% 8.22% 5.7% 13.6% 7.43%
Earnings before Tax (EBT) 1 508,766 106,530 78,302 102,272 83,892 44,293
Net income 1 405,168 96,882 58,969 49,850 65,356 22,685
Net margin 47.29% 13.23% 6.87% 2.67% 6.22% 1.79%
EPS 2 1,463 352.0 214.0 181.2 237.5 82.00
Free Cash Flow 1 -404,331 1,022,358 -115,997 109,036 -147,863 -10,888
FCF margin -47.2% 139.63% -13.51% 5.84% -14.08% -0.86%
FCF Conversion (EBITDA) - 852.11% - 67.57% - -
FCF Conversion (Net income) - 1,055.26% - 218.73% - -
Dividend per Share 2 1,500 - - - - -
Announcement Date 10/04/18 11/04/19 19/06/20 07/04/21 01/04/22 03/04/23
1VND in Million2VND
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 2,786,643 1,718,821 1,928,940 688,063 737,304 747,902
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 22.27 x 14.33 x 16.44 x 4.264 x 3.6 x 4.498 x
Free Cash Flow 1 -404,331 1,022,358 -115,997 109,036 -147,863 -10,888
ROE (net income / shareholders' equity) 10% 2.44% 1.38% 1.94% 1.65% 0.74%
ROA (Net income/ Total Assets) 0.59% 0.45% 0.39% 0.61% 0.89% 0.59%
Assets 1 68,509,929 21,330,189 15,023,848 8,145,429 7,376,522 3,815,229
Book Value Per Share 2 14,569 14,128 14,420 14,609 14,848 14,928
Cash Flow per Share 2 355.0 484.0 59.40 147.0 112.0 279.0
Capex 1 166,488 444,981 64,174 27,577 5,225 528
Capex / Sales 19.43% 60.77% 7.48% 1.48% 0.5% 0.04%
Announcement Date 10/04/18 11/04/19 19/06/20 07/04/21 01/04/22 03/04/23
1VND in Million2VND
Estimates
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