V

Vicem But Son Cement JSC
VN:BTS

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Vicem But Son Cement JSC
VN:BTS
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Price: 5 400 VND Market Closed
Market Cap: 667.2B VND

Relative Value

The Relative Value of one BTS stock under the Base Case scenario is 11 959.5 VND. Compared to the current market price of 5 400 VND, Vicem But Son Cement JSC is Undervalued by 55%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

BTS Relative Value
Base Case
11 959.5 VND
Undervaluation 55%
Relative Value
Price
V
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
60
vs Industry
79
Median 3Y
0.3
Median 5Y
0.3
Industry
1
vs History
vs Industry
41
Median 3Y
-4.9
Median 5Y
-3.6
Industry
15.9
vs History
60
vs Industry
48
Median 3Y
3
Median 5Y
3.6
Industry
9.1
vs History
vs Industry
Median 3Y
-10.8
Median 5Y
-11.1
Industry
14.9
vs History
31
vs Industry
68
Median 3Y
0.6
Median 5Y
0.6
Industry
1.3
vs History
53
vs Industry
56
Median 3Y
0.6
Median 5Y
0.6
Industry
1.2
vs History
26
vs Industry
8
Median 3Y
18.1
Median 5Y
6.9
Industry
5.6
vs History
36
vs Industry
9
Median 3Y
10.4
Median 5Y
9.6
Industry
10
vs History
vs Industry
5
Median 3Y
-13.3
Median 5Y
14
Industry
12.8
vs History
53
vs Industry
27
Median 3Y
7.4
Median 5Y
7.5
Industry
10.5
vs History
36
vs Industry
Median 3Y
-6
Median 5Y
7.9
Industry
13
vs History
34
vs Industry
47
Median 3Y
0.7
Median 5Y
0.7
Industry
0.9

Multiples Across Competitors

BTS Competitors Multiples
Vicem But Son Cement JSC Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
VN
Vicem But Son Cement JSC
VN:BTS
667.2B VND 0.3 -7.8 10.2 -22.5
IE
CRH PLC
NYSE:CRH
88.1B USD 2.4 25.7 13.6 19.2
CH
Holcim AG
SIX:HOLN
42.1B CHF 2 2.7 8.7 12.6
DE
HeidelbergCement AG
XETRA:HEI
40.5B EUR 1.5 5.3 4.6 5.4
US
Vulcan Materials Co
NYSE:VMC
40.2B USD 5.1 36 19.2 28
IN
UltraTech Cement Ltd
NSE:ULTRACEMCO
3.5T INR 4.3 50.7 24.5 34.8
US
Martin Marietta Materials Inc
NYSE:MLM
39.2B USD 5.9 34 20.2 28.3
DE
Heidelberg Materials AG
XMUN:HEI
27B EUR 1 3.5 3.2 3.8
US
Amrize AG
SIX:AMRZ
25.5B CHF 3.6 36 22.3 25.9
IN
Grasim Industries Ltd
NSE:GRASIM
1.9T INR 1.2 46.3 10.2 13.2
MX
Cemex SAB de CV
NYSE:CX
18.3B USD 1.2 13.4 8.2 15.1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
VN
V
Vicem But Son Cement JSC
VN:BTS
Average EV/EBIT: 18.6
Negative Multiple: -22.5
N/A N/A
IE
C
CRH PLC
NYSE:CRH
19.2
10%
1.9
CH
Holcim AG
SIX:HOLN
12.6
-7%
N/A
DE
HeidelbergCement AG
XETRA:HEI
5.4
12%
0.4
US
Vulcan Materials Co
NYSE:VMC
28
15%
1.9
IN
UltraTech Cement Ltd
NSE:ULTRACEMCO
34.8
31%
1.1
US
Martin Marietta Materials Inc
NYSE:MLM
28.3
12%
2.4
DE
H
Heidelberg Materials AG
XMUN:HEI
3.8
12%
0.3
US
A
Amrize AG
SIX:AMRZ
25.9
N/A N/A
IN
Grasim Industries Ltd
NSE:GRASIM
13.2
-63%
N/A
MX
Cemex SAB de CV
NYSE:CX
15.1
6%
2.5