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Vincom Retail JSC
VN:VRE

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Vincom Retail JSC
VN:VRE
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Price: 28 800 VND -0.86%
Market Cap: ₫65.4T

EV/S

7.6
Current
21%
More Expensive
vs 3-y average of 6.3

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
7.6
=
Enterprise Value
₫69.1T
/
Revenue
₫8.8T

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
7.6
=
Enterprise Value
₫69.1T
/
Revenue
₫8.8T

Valuation Scenarios

Vincom Retail JSC is trading above its 3-year average

If EV/S returns to its 3-Year Average (6.3), the stock would be worth ₫23 712.31 (18% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-76%
Maximum Upside
No Upside Scenarios
Average Downside
28%
Scenario EV/S Value Implied Price Upside/Downside
Current Multiple 7.6 ₫28 800
0%
3-Year Average 6.3 ₫23 712.31
-18%
5-Year Average 7.3 ₫27 467.69
-5%
Industry Average 6.5 ₫24 748.67
-14%
Country Average 1.9 ₫7 007.52
-76%

Forward EV/S
Today’s price vs future revenue

Today's Enterprise Value Revenue Forward EV/S
₫69.1T
/
Jan 2026
₫8.8T
=
7.6
Current
₫69.1T
/
Dec 2026
₫9.4T
=
7.4
Forward
₫69.1T
/
Dec 2027
₫11.1T
=
6.2
Forward
₫69.1T
/
Dec 2028
₫13.4T
=
5.2
Forward

Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
EV/S
P/E
All Countries
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Market Distribution

Higher than 89% of companies in Vietnam
Percentile
89th
Based on 187 companies
89th percentile
7.6
Low
0 — 0.9
Typical Range
0.9 — 4.6
High
4.6 —
Distribution Statistics
Vietnam
Min 0
30th Percentile 0.9
Median 1.9
70th Percentile 4.6
Max 266.8

Vincom Retail JSC
Glance View

Vincom Retail JSC, a prominent subsidiary of the Vingroup conglomerate, stands as the jewel in Vietnam's crown of commercial real estate. As a masterful architect of retail experiences, the company has strategically anchored itself in the urban fabric of Vietnam's burgeoning cities. Think of Vincom Retail as a maestro orchestrating a symphony of shopping centers—large, modern complexes that incorporate both familiar global brands and local favorites. These complexes, branded under the "Vincom" name, serve as bustling epicenters for shopping, dining, and entertainment, drawing legions of consumers eager for variety and quality under a single roof. By carefully crafting an engaging environment, the company not only captivates visitors but also secures the recurring foot traffic essential for retailers to thrive. The magic lies in Vincom Retail's refined business model, which delicately balances leasing space to high-demand retail tenants with innovative customer engagement strategies. The company collects substantial lease payments from local and international brands keen on leveraging Vietnam's expanding middle class and increasing consumer spending power. However, Vincom Retail doesn’t stop at just providing space; it continually enhances its malls with strategic marketing campaigns, events, and promotions aimed at boosting visitor numbers and enhancing customer experience. In essence, Vincom Retail JSC is more than a landlord—it's a dynamic partner to retailers, offering them an integrated platform to reach an eager audience while ensuring a seamless and enjoyable consumer journey for shoppers.

VRE Intrinsic Value
32 084.71 VND
Undervaluation 10%
Intrinsic Value
Price ₫28 800
V
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