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Metrics | Range | Conclusion |
---|---|---|
Selected LTM Pb Multiple | 0.9x - 1.0x | 1.0x |
Historical Pb Multiple | 0.6x - 1.3x | 0.8x |
Fair Value | ₫12,409 - ₫13,715 | ₫13,062 |
Upside | 17.1% - 29.4% | 23.2% |
Benchmarks | - | Full Ticker |
Central PetroVietnam Fertilizer And Chemicals Joint Stock Company | - | HNX:PCE |
Viet Tri Chemical Joint Stock Company | - | HNX:HVT |
South Basic Chemicals Joint Stock Company | - | HOSE:CSV |
Van Dien Fused Magnesium Phosphate Fertilizer Joint Stock Company | - | HOSE:VAF |
Ninh Binh Phosphate Fertilizer Joint Stock Company | - | HNX:NFC |
South-East PetroVietnam Fertilizer and Chemicals Joint Stock Company | - | HNX:PSE |
Select Price / Book Ratio | ||||||||
Benchmark Companies | ||||||||
PCE | HVT | CSV | VAF | NFC | PSE | |||
HNX:PCE | HNX:HVT | HOSE:CSV | HOSE:VAF | HNX:NFC | HNX:PSE | |||
Historical Net Income Growth | ||||||||
5Y CAGR | NM- | 6.4% | -0.4% | NM- | 36.9% | 11.8% | ||
3Y CAGR | NM- | NM- | 5.1% | NM- | 48.9% | -30.2% | ||
Latest Twelve Months | 32.4% | 25.2% | 18.3% | -3.6% | 77.9% | 57.5% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | 0.8% | 5.6% | 15.3% | 5.6% | 3.2% | 0.8% | ||
Prior Fiscal Year | 0.7% | 4.8% | 11.6% | 6.3% | 3.5% | 0.3% | ||
Latest Fiscal Year | 0.9% | 5.3% | 11.7% | 5.0% | 4.9% | 0.5% | ||
Latest Twelve Months | 0.9% | 5.3% | 11.7% | 5.0% | 4.9% | 0.5% | ||
Return on Equity | ||||||||
5 Year Average Margin | 13.0% | 0.0% | 18.3% | NA | 11.3% | 9.8% | ||
Prior Fiscal Year | 11.2% | NA | 13.4% | NA | 12.5% | 5.3% | ||
Latest Twelve Months | 14.5% | NA | 15.1% | NA | 21.0% | 8.4% | ||
Next Fiscal Year | 16.3% | 21.5% | 19.5% | 17.3% | 37.1% | 6.7% | ||
Two Fiscal Years Forward | 14.9% | 21.7% | 19.4% | 18.5% | 38.5% | 6.3% | ||
Current Trading Multiples | ||||||||
Price / LTM Sales | 0.1x | 0.3x | 2.0x | 0.5x | 0.5x | 0.0x | ||
Price / LTM EPS | 7.2x | 5.3x | 17.0x | 9.8x | 9.3x | 9.2x | ||
Price / Book | 1.0x | NA | 2.5x | NA | 1.9x | 0.8x | ||
Price / Fwd Book | 0.9x | 0.7x | 2.2x | 1.0x | 1.4x | 0.7x | ||
Low | Mid | High | ||||||
Benchmark P/B Ratio | 1.0x | 1.9x | 2.5x | |||||
Historical P/B Ratio | 0.6x | 0.8x | 1.3x | |||||
Selected P/B Multiple | 0.9x | 1.0x | 1.0x | |||||
(x) Book Value | 171,369 | 171,369 | 171,369 |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | PCE | HVT | CSV | VAF | NFC | PSE | |
Value of Common Equity | 200,000 | 395,570 | 3,707,272 | 563,097 | 415,305 | 132,500 | |
(/) Shares Outstanding | 10.0 | 11.0 | 110.5 | 37.7 | 15.7 | 12.5 | |
Implied Stock Price | 20,000.00 | 36,000.00 | 33,550.00 | 14,950.00 | 26,400.00 | 10,600.00 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
Implied Stock Price (Trading Cur) | 20,000.00 | 36,000.00 | 33,550.00 | 14,950.00 | 26,400.00 | 10,600.00 | |
Trading Currency | VND | VND | VND | VND | VND | VND | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |