V

Vietjet Aviation JSC
VN:VJC

Watchlist Manager
Vietjet Aviation JSC
VN:VJC
Watchlist
Price: 200 000 VND -3.1%
Market Cap: 108.3T VND
Section:
 

Relative Value

The Relative Value of one VJC stock under the Base Case scenario is 180 362.73 VND. Compared to the current market price of 200 000 VND, Vietjet Aviation JSC is Overvalued by 10%.

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
180 362.73 VND
Overvaluation 10%
Relative Value
Price
V
Worst Case
Base Case
Best Case

Valuation Multiples

1.6
P/S
P/S
Price to Sales
1.6
vs History
42
vs Industry
28
Median 3Y
1
Median 5Y
1.4
Industry
0.5
Forward
1.5
More Details
73.4
P/E
P/E
Price to Earnings
73.4
vs History
39
vs Industry
4
Median 3Y
38.6
Median 5Y
54.6
Industry
8.6
Forward
49.8
More Details
798.5
P/OCF
P/OCF
Price to OCF
798.5
vs History
1
vs Industry
100
Median 3Y
-14.1
Median 5Y
-14.1
Industry
3.2
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
1
Median 3Y
-23.5
Median 5Y
-23.4
Industry
16
More Details
4.9
P/B
P/B
Price to Book Value
4.9
vs History
1
vs Industry
14
Median 3Y
3.5
Median 5Y
3.7
Industry
1.9
More Details
2.2
EV/S
EV/S
Enterprise Value to Sales
2.2
vs History
41
vs Industry
28
Median 3Y
1.3
Median 5Y
1.8
Industry
0.9
Forward
2
More Details
20
EV/GP
EV/GP
Enterprise Value to Gross Profit
20
vs History
20
vs Industry
15
Median 3Y
13.5
Median 5Y
11.3
Industry
3
More Details
31.1
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
31.1
vs History
20
vs Industry
9
Median 3Y
20.5
Median 5Y
17.4
Industry
5.9
Forward
23.4
More Details
37.3
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
37.3
vs History
20
vs Industry
8
Median 3Y
23.7
Median 5Y
20.1
Industry
10.1
Forward
25.3
More Details
1 095.1
EV/OCF
EV/OCF
Enterprise Value to OCF
1 095.1
vs History
1
vs Industry
1
Median 3Y
-22.6
Median 5Y
-17.3
Industry
5.7
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
Median 3Y
-10.1
Median 5Y
-14.4
Industry
11.5
More Details
1.6
EV/IC
EV/IC
Enterprise Value to IC
1.6
vs History
31
vs Industry
30
Median 3Y
1.1
Median 5Y
1.3
Industry
0.8
More Details

Multiples Across Competitors

VJC Competitors Multiples
Vietjet Aviation JSC Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
VN
Vietjet Aviation JSC
VN:VJC
118.3T VND 1.6 73.4 31.1 37.3
VN
Vietnam Airlines JSC
VN:HVN
88.1T VND 0.8 10.4 5.4 7.9
RU
Aeroflot-Rossiyskiye Avialinii PAO
MOEX:AFLT
222.6B RUB 0.3 2.7 3 7
AU
Virgin Australia Holdings Ltd
ASX:VGN
2.4B AUD 0 0 0 0
RU
Aviakompaniya UTair PAO
MOEX:UTAR
84.9B RUB 0.7 -24.4 5.1 28.3
TW
Tigerair Taiwan Co Ltd
TWSE:6757
30.8B TWD 0 0 0 0
IL
Israir Group Ltd
TASE:ISRG
470.5m ILA 0 0 0 0
US
Flyexclusive Inc
AMEX:FLYX
298.1m USD 0.9 -10.7 -12.2 -7.2
IS
Icelandair Group hf
ICEX:ICEAIR
31.3B ISK 0.1 -55.8 3.1 -23.1
US
Surf Air Mobility Inc
NYSE:SRFM
139.3m USD 1.3 -1.9 -6 -4.7
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: 28.8
73.4
36%
2
VN
V
Vietnam Airlines JSC
VN:HVN
10.4
4%
2.6
RU
Aeroflot-Rossiyskiye Avialinii PAO
MOEX:AFLT
2.7
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: -24.4 N/A N/A
TW
T
Tigerair Taiwan Co Ltd
TWSE:6757
Not Available N/A N/A
IL
I
Israir Group Ltd
TASE:ISRG
Not Available N/A N/A
US
F
Flyexclusive Inc
AMEX:FLYX
Negative Multiple: -10.7 N/A N/A
IS
I
Icelandair Group hf
ICEX:ICEAIR
Negative Multiple: -55.8 N/A N/A
US
S
Surf Air Mobility Inc
NYSE:SRFM
Negative Multiple: -1.9 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: 9.5
31.1
22%
1.4
VN
V
Vietnam Airlines JSC
VN:HVN
5.4
15%
0.4
RU
Aeroflot-Rossiyskiye Avialinii PAO
MOEX:AFLT
3
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
5.1
N/A N/A
TW
T
Tigerair Taiwan Co Ltd
TWSE:6757
Not Available N/A N/A
IL
I
Israir Group Ltd
TASE:ISRG
Not Available N/A N/A
US
F
Flyexclusive Inc
AMEX:FLYX
Negative Multiple: -12.2 N/A N/A
IS
I
Icelandair Group hf
ICEX:ICEAIR
3.1
N/A N/A
US
S
Surf Air Mobility Inc
NYSE:SRFM
Negative Multiple: -6 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: 20.1
37.3
27%
1.4
VN
V
Vietnam Airlines JSC
VN:HVN
7.9
24%
0.3
RU
Aeroflot-Rossiyskiye Avialinii PAO
MOEX:AFLT
7
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
28.3
N/A N/A
TW
T
Tigerair Taiwan Co Ltd
TWSE:6757
Not Available N/A N/A
IL
I
Israir Group Ltd
TASE:ISRG
Not Available N/A N/A
US
F
Flyexclusive Inc
AMEX:FLYX
Negative Multiple: -7.2 N/A N/A
IS
I
Icelandair Group hf
ICEX:ICEAIR
Negative Multiple: -23.1 N/A N/A
US
S
Surf Air Mobility Inc
NYSE:SRFM
Negative Multiple: -4.7 N/A N/A
ID
A
AirAsia Indonesia Tbk PT
IDX:CMPP
Negative Multiple: -15.3 N/A N/A

See Also

Summary
VJC intrinsic value, competitors valuation, and company profile.
DCF Valuation
VJC stock valuation using Discount Cash Flow valuation method.
Relative Valuation
VJC stock valuation using valuation multiples.
Wall Street Estimates
VJC price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
VJC stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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