V

Vietjet Aviation JSC
VN:VJC

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Vietjet Aviation JSC
VN:VJC
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Price: 168 600 VND -5.7% Market Closed
Market Cap: ₫91.3T

Relative Value

The Relative Value of one VJC stock under the Base Case scenario is 109 983.86 VND. Compared to the current market price of 168 600 VND, Vietjet Aviation JSC is Overvalued by 35%.

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.

VJC Relative Value
Base Case
109 983.86 VND
Overvaluation 35%
Relative Value
Price
V
Worst Case
Base Case
Best Case

Multiples Across Competitors

VJC Competitors Multiples
Vietjet Aviation 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
Vietjet Aviation JSC
VN:VJC
102.1T VND 1.4 62.8 27.6 33
VN
Vietnam Airlines JSC
VN:HVN
81.5T VND 0.7 9.7 5 7.4
RU
Aeroflot-Rossiyskiye Avialinii PAO
MOEX:AFLT
229.4B RUB 0.3 2.8 3 7
MX
Grupo Aeromexico SAB de CV
NYSE:AERO
2.8B USD 0 -0.2 22 -6.8
AU
Virgin Australia Holdings Ltd
ASX:VGN
2.5B AUD 0 0 0 0
RU
Aviakompaniya UTair PAO
MOEX:UTAR
89.5B RUB 0.8 -25.7 5.2 29.4
TW
Tigerair Taiwan Co Ltd
TWSE:6757
31.5B TWD 0 0 0 0
IS
Icelandair Group hf
ICEX:ICEAIR
35.4B ISK 0.2 -64.9 0 -0.2
US
Flyexclusive Inc
AMEX:FLYX
250m USD 0.7 -9 -10.8 -6.4
US
Surf Air Mobility Inc
NYSE:SRFM
137.2m USD 1.3 -2 -5.9 -4.6
ID
AirAsia Indonesia Tbk PT
IDX:CMPP
865.5B IDR 0.1 -0.5 -15.3 -15.3
P/E Multiple
Earnings Growth PEG
VN
V
Vietjet Aviation JSC
VN:VJC
Average P/E: 25.1
62.8
36%
1.7
VN
V
Vietnam Airlines JSC
VN:HVN
9.7
9%
1.1
RU
Aeroflot-Rossiyskiye Avialinii PAO
MOEX:AFLT
2.8
N/A N/A
MX
Grupo Aeromexico SAB de CV
NYSE:AERO
Negative Multiple: -0.2 N/A N/A
AU
V
Virgin Australia Holdings Ltd
ASX:VGN
Not Available N/A N/A
RU
A
Aviakompaniya UTair PAO
MOEX:UTAR
Negative Multiple: -25.7 N/A N/A
TW
T
Tigerair Taiwan Co Ltd
TWSE:6757
Not Available N/A N/A
IS
I
Icelandair Group hf
ICEX:ICEAIR
Negative Multiple: -64.9 N/A N/A
US
F
Flyexclusive Inc
AMEX:FLYX
Negative Multiple: -9 N/A N/A
US
S
Surf Air Mobility Inc
NYSE:SRFM
Negative Multiple: -2 N/A N/A
ID
A
AirAsia Indonesia Tbk PT
IDX:CMPP
Negative Multiple: -0.5 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
VN
V
Vietjet Aviation JSC
VN:VJC
Average EV/EBITDA: 10.5
27.6
22%
1.3
VN
V
Vietnam Airlines JSC
VN:HVN
5
14%
0.4
RU
Aeroflot-Rossiyskiye Avialinii PAO
MOEX:AFLT
3
N/A N/A
MX
Grupo Aeromexico SAB de CV
NYSE:AERO
22
N/A N/A
AU
V
Virgin Australia Holdings Ltd
ASX:VGN
Not Available N/A N/A
RU
A
Aviakompaniya UTair PAO
MOEX:UTAR
5.2
N/A N/A
TW
T
Tigerair Taiwan Co Ltd
TWSE:6757
Not Available N/A N/A
IS
I
Icelandair Group hf
ICEX:ICEAIR
0
N/A N/A
US
F
Flyexclusive Inc
AMEX:FLYX
Negative Multiple: -10.8 N/A N/A
US
S
Surf Air Mobility Inc
NYSE:SRFM
Negative Multiple: -5.9 N/A N/A
ID
A
AirAsia Indonesia Tbk PT
IDX:CMPP
Negative Multiple: -15.3 N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
VN
V
Vietjet Aviation JSC
VN:VJC
Average EV/EBIT: 19.2
33
27%
1.2
VN
V
Vietnam Airlines JSC
VN:HVN
7.4
25%
0.3
RU
Aeroflot-Rossiyskiye Avialinii PAO
MOEX:AFLT
7
N/A N/A
MX
Grupo Aeromexico SAB de CV
NYSE:AERO
Negative Multiple: -6.8 N/A N/A
AU
V
Virgin Australia Holdings Ltd
ASX:VGN
Not Available N/A N/A
RU
A
Aviakompaniya UTair PAO
MOEX:UTAR
29.4
N/A N/A
TW
T
Tigerair Taiwan Co Ltd
TWSE:6757
Not Available N/A N/A
IS
I
Icelandair Group hf
ICEX:ICEAIR
Negative Multiple: -0.2 N/A N/A
US
F
Flyexclusive Inc
AMEX:FLYX
Negative Multiple: -6.4 N/A N/A
US
S
Surf Air Mobility Inc
NYSE:SRFM
Negative Multiple: -4.6 N/A N/A
ID
A
AirAsia Indonesia Tbk PT
IDX:CMPP
Negative Multiple: -15.3 N/A N/A