VinFast Auto Ltd.
Financial ratios & Valuation

Historical Multiples (2020 – 2023)

2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-29.67-17.21-11.50-6.89N/A-14.35
Price/Sales ratio
41.0834.5538.2813.82N/A36.42
Price/Book Value ratio
91.44-7.20-5.02-2.75N/A-6.11
Price/Cash Flow ratio
-60.15-19.12-16.08-7.36N/A-17.60
Price/Free Cash Flow ratio
-29.56-15.83-10.74-5.02N/A-13.29
Price/Earnings Growth ratio
N/A-0.24-0.21-0.43N/A-0.22
Dividend Yield
N/A0.09%N/AN/AN/A0.04%
Profitability Indicator Ratios
Gross Profit Margin
-48.90%-57.74%-81.96%-46.03%N/A-69.85%
Operating Profit Margin
-96.75%-168.87%-282.35%-141.31%N/A-225.61%
Pretax Profit Margin
-137.77%-199.70%-326.76%-200.51%N/A-263.23%
Net Profit Margin
-138.41%-200.79%-332.65%-200.56%N/A-266.72%
Effective Tax Rate
-0.46%-0.65%-1.93%-0.15%N/A-1.29%
Return on Assets
-20.39%-37.72%-43.82%-43.57%N/A-40.77%
Return On Equity
-308.12%41.83%43.62%40.01%N/A42.73%
Return on Capital Employed
-18.17%1364.41%-89.18%564.44%N/A637.61%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/A
Quick Ratio
0.750.220.350.14N/A0.28
Cash ratio
0.040.030.060.02N/A0.04
Days of Sales Outstanding
7.999.7616.05122.11N/A12.91
Days of Inventory outstanding
95.8396.48289.60256.45N/A193.04
Operating Cycle
103.82106.24305.66378.56N/A205.95
Days of Payables Outstanding
48.9446.03222.9896.69N/A134.50
Cash Conversion Cycle
54.8860.2182.67281.86N/A71.44
Debt Ratios
Debt Ratio
0.590.890.560.84N/A0.72
Debt Equity Ratio
9.00-0.98-0.56-0.77N/A-0.77
Long-term Debt to Capitalization
0.88-3.25-0.75-0.29N/A-2.00
Total Debt to Capitalization
0.90-89.82-1.29-3.44N/A-45.56
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/A
Cash Flow to Debt Ratio
-0.16-0.38-0.55-0.48N/A-0.46
Company Equity Multiplier
15.10-1.10-0.99-0.91N/A-1.05
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
-0.68-1.80-2.38-1.87N/A-2.09
Free Cash Flow / Operating Cash Flow Ratio
2.031.201.491.46N/A1.35
Cash Flow Coverage Ratio
-0.16-0.38-0.55-0.48N/A-0.46
Short Term Coverage Ratio
-1.14-1.68-2.32-0.68N/A-2.00
Dividend Payout Ratio
N/A-1.55%N/AN/AN/A-0.77%