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NVL

No Va Land Investment Group HOSE:NVL Stock Report

Last Price

₫84.90k

Market Cap

₫165.3t

7D

0.5%

1Y

9.0%

Updated

30 Sep, 2022

Data

Company Financials +
NVL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance1/6
Financial Health3/6
Dividends0/6

NVL Stock Overview

No Va Land Investment Group Corporation, together with its subsidiaries, engages in real estate business in Vietnam.

No Va Land Investment Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for No Va Land Investment Group
Historical stock prices
Current Share Price₫84,900.00
52 Week High₫91,000.00
52 Week Low₫72,000.00
Beta0.53
1 Month Change3.66%
3 Month Change14.11%
1 Year Change9.04%
3 Year Change137.26%
5 Year Change221.95%
Change since IPO229.46%

Recent News & Updates

Shareholder Returns

NVLVN Real EstateVN Market
7D0.5%-9.0%-7.1%
1Y9.0%-19.1%-17.9%

Return vs Industry: NVL exceeded the VN Real Estate industry which returned -19.1% over the past year.

Return vs Market: NVL exceeded the VN Market which returned -17.9% over the past year.

Price Volatility

Is NVL's price volatile compared to industry and market?
NVL volatility
NVL Average Weekly Movement2.3%
Real Estate Industry Average Movement6.0%
Market Average Movement5.5%
10% most volatile stocks in VN Market8.3%
10% least volatile stocks in VN Market3.1%

Stable Share Price: NVL is less volatile than 75% of VN stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: NVL's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19921,932Huyen Nguyenhttps://www.novaland.com.vn

No Va Land Investment Group Corporation, together with its subsidiaries, engages in real estate business in Vietnam. The company engages in the resident, hospitality, and industrial real estate development; real estate trading; civil and industrial construction; and provision of design and management consultancy services, as well as real estate brokerage services. It is also involved in the leasing of factories and warehouses; management consulting, short-term accommodation, botanical and zoological garden and nature reserve, and land use right auction activities, as well as real estate consulting and auction activities; and building picnic resorts.

No Va Land Investment Group Fundamentals Summary

How do No Va Land Investment Group's earnings and revenue compare to its market cap?
NVL fundamental statistics
Market Cap₫165.35t
Earnings (TTM)₫3.20t
Revenue (TTM)₫12.47t

51.8x

P/E Ratio

13.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NVL income statement (TTM)
Revenue₫12.47t
Cost of Revenue₫7.06t
Gross Profit₫5.41t
Other Expenses₫2.21t
Earnings₫3.20t

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.64k
Gross Margin43.37%
Net Profit Margin25.63%
Debt/Equity Ratio154.2%

How did NVL perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is NVL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NVL?

Other financial metrics that can be useful for relative valuation.

NVL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue18x
Enterprise Value/EBITDA63x
PEG Ratio2.5x

Price to Earnings Ratio vs Peers

How does NVL's PE Ratio compare to its peers?

NVL PE Ratio vs Peers
The above table shows the PE ratio for NVL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average16.4x
VHM Vinhomes
7.9x13.7%₫221.2t
PDR Phat Dat Real Estate Development
17.4xn/a₫34.1t
KDH Khang Dien House Trading and Investment
15.9x17.7%₫20.8t
VPI Van Phu - Invest Investment
24.7xn/a₫14.5t
NVL No Va Land Investment Group
51.8x20.4%₫165.3t

Price-To-Earnings vs Peers: NVL is expensive based on its Price-To-Earnings Ratio (51.8x) compared to the peer average (16.4x).


Price to Earnings Ratio vs Industry

How does NVL's PE Ratio compare vs other companies in the VN Real Estate Industry?

Price-To-Earnings vs Industry: NVL is expensive based on its Price-To-Earnings Ratio (51.8x) compared to the VN Real Estate industry average (15.4x)


Price to Earnings Ratio vs Fair Ratio

What is NVL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NVL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio51.8x
Fair PE Ratio25.4x

Price-To-Earnings vs Fair Ratio: NVL is expensive based on its Price-To-Earnings Ratio (51.8x) compared to the estimated Fair Price-To-Earnings Ratio (25.4x).


Share Price vs Fair Value

What is the Fair Price of NVL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: NVL (₫84900) is trading above our estimate of fair value (₫60395.16)

Significantly Below Fair Value: NVL is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is lower than the current share price.


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Future Growth

How is No Va Land Investment Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


20.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NVL's forecast earnings growth (20.4% per year) is above the savings rate (3.7%).

Earnings vs Market: NVL's earnings (20.4% per year) are forecast to grow faster than the VN market (18.6% per year).

High Growth Earnings: NVL's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: NVL's revenue (36.3% per year) is forecast to grow faster than the VN market (17% per year).

High Growth Revenue: NVL's revenue (36.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: NVL's Return on Equity is forecast to be low in 3 years time (15.8%).


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Past Performance

How has No Va Land Investment Group performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


16.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: NVL has a large one-off gain of ₫2,916.6B impacting its June 30 2022 financial results.

Growing Profit Margin: NVL's current net profit margins (25.6%) are lower than last year (43.8%).


Past Earnings Growth Analysis

Earnings Trend: NVL's earnings have grown by 16.8% per year over the past 5 years.

Accelerating Growth: NVL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: NVL had negative earnings growth (-30%) over the past year, making it difficult to compare to the Real Estate industry average (7.8%).


Return on Equity

High ROE: NVL's Return on Equity (7.3%) is considered low.


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Financial Health

How is No Va Land Investment Group's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: NVL's short term assets (₫189,030.0B) exceed its short term liabilities (₫60,750.5B).

Long Term Liabilities: NVL's short term assets (₫189,030.0B) exceed its long term liabilities (₫134,062.8B).


Debt to Equity History and Analysis

Debt Level: NVL's net debt to equity ratio (114.9%) is considered high.

Reducing Debt: NVL's debt to equity ratio has increased from 123.2% to 154.2% over the past 5 years.

Debt Coverage: NVL's debt is not well covered by operating cash flow (10%).

Interest Coverage: NVL's interest payments on its debt are well covered by EBIT (25.6x coverage).


Balance Sheet


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Dividend

What is No Va Land Investment Group current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

No Va Land Investment Group Dividend Yield vs Market
How does No Va Land Investment Group dividend yield compare to the market?
SegmentDividend Yield
Company (No Va Land Investment Group)n/a
Market Bottom 25% (VN)3.1%
Market Top 25% (VN)7.9%
Industry Average (Real Estate)3.3%
Analyst forecast in 3 Years (No Va Land Investment Group)n/a

Notable Dividend: Unable to evaluate NVL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate NVL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if NVL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if NVL's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as NVL has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

0.7yrs

Average management tenure


CEO

Huyen Nguyen

0.67yr

Tenure

Mr. Huyen Ngoc Nguyen has been General Director, Chief Executive Officer and Member of Board of Management of No Va Land Investment Group Corporation since January 20, 2022 and was its Deputy Chief Executi...


Leadership Team

Experienced Management: NVL's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: NVL's board of directors are considered experienced (5.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

What is the ownership structure of NVL?
Owner TypeNumber of SharesOwnership Percentage
Institutions57,452,4342.9%
Individual Insiders434,904,75322.3%
General Public623,260,77832.0%
Private Companies834,215,84442.8%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 25 shareholders own 68.01% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
32.17%
Novagroup JSC
627,170,566₫53.2t20.49%no data
10.42%
Diamond Properties Jsc
203,102,259₫17.2t0%no data
8.69%
Nhon Bui
169,512,232₫14.4t-38.39%no data
5.4%
Suong Ngoc Cao
105,336,813₫8.9t0%no data
4.17%
Bui Cao Quan
81,242,008₫6.9t0%no data
3.68%
Huy Bui
71,748,434₫6.1t0%no data
0.69%
Fubon Asset Management Co., Ltd.
13,389,419₫1.1t44.71%1.25%
0.35%
Van Eck Associates Corporation
6,755,558₫573.5b-3.73%0.05%
0.34%
Dragon Capital Group Limited
6,606,637₫560.9b-8.82%3.05%
0.33%
Chau Hoang
6,342,869₫538.5b14.43%no data
0.32%
Viet Fund Management Company
6,224,254₫528.4b0%2.26%
0.3%
J.P. Morgan Asset Management, Inc.
5,859,105₫497.4b0%no data
0.3%
Norges Bank Investment Management
5,814,005₫493.6b0%no data
0.27%
Tianhong Asset Management Co., Ltd.
5,300,470₫450.0b0%0.24%
0.2%
Trade Union Of Novaland Investment Group Corporation
3,943,019₫334.8b0%no data
0.14%
Dragon Capital Management (HK) Limited
2,757,856₫234.1b0%4.47%
0.1%
BlackRock, Inc.
2,023,533₫171.8b-3.45%no data
0.033%
Dung Thi Nguyen
637,039₫54.1b0%no data
0.031%
Premia Partners
608,191₫51.6b9.17%0.64%
0.025%
Eurizon Capital S.A.
491,615₫41.7b0%0.02%
0.016%
Techcom Capital Mangement Company Limited, Asset management Arm
316,137₫26.8b0%5.51%
0.015%
KBC Asset Management NV
298,118₫25.3b6.62%no data
0.013%
Eaton Vance Management
252,911₫21.5b0%no data
0.01%
SBI Asset Management Co., Ltd.
200,692₫17.0b0%0.02%
0.0083%
SSI Fund Management Limited
161,920₫13.7b0%0.36%

Company Information

No Va Land Investment Group Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: No Va Land Investment Group Corporation
  • Ticker: NVL
  • Exchange: HOSE
  • Founded: 1992
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Implied Market Cap: ₫165.346t
  • Shares outstanding: 1.95b
  • Website: https://www.novaland.com.vn

Number of Employees


Location

  • No Va Land Investment Group Corporation
  • Novaland Office Building
  • 152 Dien Bien Phu
  • Ho Chi Minh City
  • Vietnam


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NVLHOSE (Ho Chi Minh Stock Exchange)YesOrdinary SharesVNVNDDec 2016

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/30 00:00
End of Day Share Price2022/09/30 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.