VINFAST AUTO LTD. |
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 4.155 USD | -8.88% |
|
+37.22% | -50.65% |
| Apr. 26 | VinFast Auto Ltd. Announces Board and Committee Changes, Effective from May 1, 2024 | CI |
| Apr. 25 | VinFast chief planning to invest another $1 billion of his fortune in EV maker | RE |
Valuation
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Capitalization 1 | 4,980,269 | 473,573,633 | 271,399,213 | - | - |
| Enterprise Value (EV) 1 | 4,980,269 | 473,573,633 | 271,399,213 | 576,869,755 | 271,399,213 |
| P/E ratio | -11.5 x | -8.05 x | -4.9 x | -5.63 x | -10.9 x |
| Yield | - | - | - | - | - |
| Capitalization / Revenue | - | 16.1 x | 3.87 x | 2.21 x | 1.62 x |
| EV / Revenue | - | 16.1 x | 3.87 x | 2.21 x | 1.62 x |
| EV / EBITDA | - | -13.5 x | -6.91 x | -10 x | -73.1 x |
| EV / FCF | - | -5.82 x | -9.09 x | -5.93 x | -29.1 x |
| FCF Yield | - | -17.2% | -11% | -16.9% | -3.44% |
| Price to Book | - | - | - | - | - |
| Nbr of stocks (in thousands) | 21,125 | 2,332,229 | 2,337,865 | - | - |
| Reference price 2 | 10.00 | 8.370 | 4.560 | 4.560 | 4.560 |
| Announcement Date | 3/9/23 | 2/22/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net sales 1 | - | 29,469,708 | 70,168,921 | 122,701,228 | 167,335,218 |
| EBITDA 1 | - | -34,973,557 | -39,261,031 | -27,126,695 | -3,710,779 |
| EBIT 1 | - | -41,459,775 | -37,662,740 | -34,356,690 | -21,971,386 |
| Operating Margin | - | -140.69% | -53.67% | -28% | -13.13% |
| Earnings before Tax (EBT) 1 | - | -58,845,690 | -55,419,864 | -51,272,358 | -29,419,268 |
| Net income 1 | -49,783,795 | -58,845,739 | -55,442,271 | -51,281,211 | -29,325,195 |
| Net margin | - | -199.68% | -79.01% | -41.79% | -17.52% |
| EPS 2 | -0.8715 | -1.040 | -0.9300 | -0.8100 | -0.4200 |
| Free Cash Flow 1 | - | -81,322,248 | -29,853,864 | -45,777,311 | -9,333,518 |
| FCF margin | - | -275.95% | -42.55% | -37.31% | -5.58% |
| FCF Conversion (EBITDA) | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - |
| Announcement Date | 3/9/23 | 2/22/24 | - | - | - |
1VND in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 10,735,974 | 7,694,833 | 13,105,011 | 22,896,362 | 26,466,287 | 24,800,889 |
| EBITDA | - | -9,360,523 | -8,499,441 | -8,617,295 | -9,825,746 | -11,715,077 | -9,083,590 |
| EBIT 1 | - | -11,269,788 | -10,723,395 | -9,406,949 | -9,571,841 | -9,173,507 | -9,563,232 |
| Operating Margin | - | -104.97% | -139.36% | -71.78% | -41.81% | -34.66% | -38.56% |
| Earnings before Tax (EBT) 1 | - | -15,904,451 | -15,749,577 | -14,416,652 | -13,855,430 | -13,847,935 | -14,366,859 |
| Net income 1 | -11,208,639 | -15,981,864 | -15,697,132 | -14,429,362 | -13,874,481 | -13,866,992 | -14,366,850 |
| Net margin | - | -148.86% | -204% | -110.11% | -60.6% | -52.39% | -57.93% |
| EPS 2 | -0.2000 | -0.2800 | -0.2600 | -0.2400 | -0.2300 | -0.2300 | -0.2300 |
| Dividend per Share | - | - | - | - | - | - | - |
| Announcement Date | 10/5/23 | 2/22/24 | 4/18/24 | - | - | - | - |
1VND in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net Debt | - | - | - | 305,470,542 | - |
| Net Cash position | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | -11.26 x | - |
| Free Cash Flow 1 | - | -81,322,248 | -29,853,864 | -45,777,311 | -9,333,518 |
| ROE (net income / shareholders' equity) | - | - | - | - | - |
| ROA (Net income/ Total Assets) | - | - | - | - | - |
| Assets 1 | - | - | - | - | - |
| Book Value Per Share | - | - | - | - | - |
| Cash Flow per Share | - | - | - | - | - |
| Capex 1 | - | 25,867,654 | 29,378,588 | 21,440,315 | 27,647,145 |
| Capex / Sales | - | 87.78% | 41.87% | 17.47% | 16.52% |
| Announcement Date | 3/9/23 | 2/22/24 | - | - | - |
1VND in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Sell
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
4.56
USD
Average target price
8.5
USD
Spread / Average Target
+86.40%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -45.52% | 10.66B | |
| -30.82% | 548B | |
| -27.87% | 28.65B | |
| -40.35% | 11.19B | |
| -53.54% | 10.85B | |
| -44.55% | 7.63B | |
| 0.00% | 7.19B | |
| -33.25% | 6.48B | |
| -12.61% | 5B | |
| 0.00% | 5.44B |
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- Financials VinFast Auto Ltd.
