Financials Sam Holdings Corporation

Equities

SAM

VN000000SAM1

Electrical Components & Equipment

End-of-day quote Ho Chi Minh S.E. 23:00:00 25/04/2024 BST 5-day change 1st Jan Change
6,160 VND +0.98% Intraday chart for Sam Holdings Corporation -0.65% -6.10%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,706,703 2,071,767 2,498,677 8,823,356 2,283,565 2,492,544
Enterprise Value (EV) 1 3,022,122 2,509,070 3,019,207 9,602,954 3,495,613 3,253,661
P/E ratio 17.4 x 26.1 x 37 x 58.4 x 835 x 137 x
Yield - 3.71% - - - -
Capitalization / Revenue 0.64 x 0.73 x 1.3 x 4.67 x 1.08 x 1.13 x
EV / Revenue 1.13 x 0.88 x 1.57 x 5.08 x 1.66 x 1.48 x
EV / EBITDA 10.9 x 12.6 x 41.9 x 963 x 68.4 x 56.5 x
EV / FCF -19.6 x 2.99 x 45 x -11.1 x -11.7 x 6.64 x
FCF Yield -5.09% 33.5% 2.22% -9.02% -8.58% 15.1%
Price to Book 0.65 x 0.77 x 0.88 x 2.24 x 0.58 x 0.63 x
Nbr of stocks (in thousands) 272,640 272,634 272,634 372,005 379,961 379,961
Reference price 2 6,260 7,599 9,165 23,718 6,010 6,560
Announcement Date 14/03/19 22/04/20 06/04/21 30/03/22 31/03/23 29/03/24
1VND in Million2VND
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,669,729 2,853,751 1,919,269 1,888,697 2,109,065 2,200,116
EBITDA 1 276,415 198,973 72,017 9,970 51,105 57,543
EBIT 1 215,674 139,424 14,798 -45,972 -2,999 15,339
Operating Margin 8.08% 4.89% 0.77% -2.43% -0.14% 0.7%
Earnings before Tax (EBT) 1 165,121 135,545 125,420 207,375 40,628 62,884
Net income 1 99,106 80,031 93,079 154,340 2,763 18,333
Net margin 3.71% 2.8% 4.85% 8.17% 0.13% 0.83%
EPS 2 359.9 290.6 247.7 405.9 7.199 47.77
Free Cash Flow 1 -153,878 840,522 67,116 -866,140 -300,033 489,706
FCF margin -5.76% 29.45% 3.5% -45.86% -14.23% 22.26%
FCF Conversion (EBITDA) - 422.43% 93.19% - - 851.02%
FCF Conversion (Net income) - 1,050.24% 72.11% - - 2,671.24%
Dividend per Share - 282.3 - - - -
Announcement Date 14/03/19 22/04/20 06/04/21 30/03/22 31/03/23 29/03/24
1VND in Million2VND
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 1,315,419 437,302 520,530 779,598 1,212,047 761,117
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 4.759 x 2.198 x 7.228 x 78.2 x 23.72 x 13.23 x
Free Cash Flow 1 -153,878 840,522 67,116 -866,140 -300,033 489,706
ROE (net income / shareholders' equity) 4.19% 3.55% 3.19% 3.97% 0.16% 0.72%
ROA (Net income/ Total Assets) 2.87% 1.7% 0.17% -0.43% -0.03% 0.14%
Assets 1 3,451,624 4,714,644 54,752,164 -35,488,539 -10,921,577 13,226,968
Book Value Per Share 2 9,596 9,864 10,381 10,604 10,307 10,339
Cash Flow per Share 2 334.0 741.0 1,014 2,200 833.0 1,264
Capex 1 29,368 13,913 119,602 93,837 61,510 35,211
Capex / Sales 1.1% 0.49% 6.23% 4.97% 2.92% 1.6%
Announcement Date 14/03/19 22/04/20 06/04/21 30/03/22 31/03/23 29/03/24
1VND in Million2VND
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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