Valuation SSI Securities Corporation

Equities

End-of-day quote Ho Chi Minh S.E. Other stock markets 20/04/2026			5-day change	1st Jan Change
28,950.00 ^VND	+1.40%		+1.94%	-4.30%

04-20	SSI Securities Q1 pretax profit 1.59 trln dong ($60.4 mln), revenue 3.3 trln dong	RE
04-03	SSI Securities Corporation Announces Changes in Chief Accountant of the Company, Effective April 20, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	50,814,060	26,357,754	49,171,748	51,054,900	62,796,423	72,117,280	-	-
Change	-	-48.13%	86.56%	3.83%	23%	14.84%	-	-
Enterprise Value (EV) ¹	50,814,060	26,357,754	49,171,748	96,317,869	119,310,432	91,046,918	94,427,726	97,039,010
Change	-	-48.13%	86.56%	95.88%	23.87%	-23.69%	3.71%	2.77%
P/E ratio	-	13.5x	-	17.8x	15.6x	16.4x	14.5x	13x
PBR	-	1.18x	-	1.77x	1.97x	2.2x	1.99x	1.76x
PEG	-	-	-	-	0.5x	-1.82x	1.1x	1.1x
Capitalization / Revenue	6.83x	4.16x	6.87x	5.99x	4.86x	5.2x	4.67x	3.99x
EV / Revenue	6.83x	4.16x	6.87x	11.3x	9.23x	6.57x	6.12x	5.37x
EV / EBITDA	-	-	-	26.4x	23.1x	10.9x	10.1x	9.36x
EV / EBIT	-	8.42x	-	27.2x	23.5x	11.1x	10.3x	9.52x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	833.3	833.3	833.3	-	-	1,029	1,097	-
Rate of return	1.93%	5.65%	3.05%	-	-	3.56%	3.79%	-
EPS ²	-	1,092	-	1,465	1,939	1,764	1,990	2,233
Distribution rate	-	76.3%	-	-	-	58.3%	55.1%	-
Net sales ¹	7,443,182	6,335,823	7,157,693	8,529,280	12,930,737	13,865,439	15,440,788	18,077,323
EBITDA ¹	-	-	-	3,651,500	5,174,426	8,330,945	9,326,303	10,372,782
EBIT ¹	-	3,130,306	-	3,543,940	5,077,038	8,187,526	9,164,917	10,192,009
Net income	-	1,699,320	-	-	-	-	-	-
Net Debt ¹	-	-	-	45,262,969	56,514,009	18,929,638	22,310,446	24,921,730
Reference price ²	43,166.67	14,750.00	27,333.33	26,050.00	30,250.00	28,950.00	28,950.00	28,950.00
Nbr of stocks (in thousands)	1,177,160	1,786,966	1,798,966	1,959,881	2,075,915	2,491,098	-	-
Announcement Date	07/02/22	31/03/23	31/01/24	03/02/25	30/01/26	-	-	-

¹VND in Million²VND

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
SSI SECURITIES CORPORATION	16.18x	6.49x	10.81x	3.6%	2.7B
MORGAN STANLEY	16.05x	7.17x	-	2.22%	298B
THE GOLDMAN SACHS GROUP, INC.	15.64x	11.24x	-	1.98%	284B
CITIGROUP INC.	12.2x	-	-	1.88%	225B
CHARLES SCHWAB	15.93x	5.38x	9.16x	1.35%	160B
CITIC SECURITIES COMPANY LIMITED	10.9x	0.46x	-	3.43%	56B
RAYMOND JAMES FINANCIAL, INC.	13.3x	-	-	1.42%	29.91B
LPL FINANCIAL HOLDINGS INC.	17.01x	1.51x	9.65x	0.41%	25.45B
NOMURA HOLDINGS, INC.	10.42x	7.33x	-	3.9%	24.36B
HUATAI SECURITIES CO., LTD.	9.29x	4.15x	-	3.28%	23.76B
Average	13.69x	5.47x	9.87x	2.35%	113.02B
Weighted average by Cap.	14.59x	7.49x	9.25x	2.03%