Vietnamese Utilities Undervalued over 20% based on DCF

Petrovietnam Gas

Market Cap: ₫189.4t

Engages in the collection, transportation, processing, storage, distribution, importing, and trading of gas and gas related products in Vietnam.

Vinh Son - Song Hinh Hydropower

Market Cap: ₫10.2t

Provides electricity services in Vietnam.

Binh Duong Water - Environment Corporation -

Market Cap: ₫9.4t

Engages in the production and supply of treated water; and the waste treatment and waste-water treatment activities in Vietnam.

PetroVietnam Power Nhon Trach 2

Market Cap: ₫7.3t

Engages in the production, transmission, and distribution of electricity in Vietnam.

Thu Dau Mot Water

Market Cap: ₫6.4t

Engages in producing and supplying treated water in Vietnam.

Thac Mo Hydro Power

Market Cap: ₫3.9t

Generates and supplies hydro power in Vietnam.

Southern Hydropower

Market Cap: ₫3.5t

Engages in the construction, production, installation, operation, transmission, and distribution of hydropower plants in Vietnam.

Viet Nam Power Development

Market Cap: ₫2.6t

Engages in the electric generation business in Vietnam.

Thac Ba Hydropower

Market Cap: ₫2.2t

Produces and trades in electricity in Vietnam.

Song Ba

Market Cap: ₫1.7t

Invests in the construction of hydropower projects in Vietnam.

Can Don Hydro Power

Market Cap: ₫966.0b

Produces and trades in electricity in Vietnam.

Nuoc Trong Hydro - Power

Market Cap: ₫615.7b

Engages in the commercial electricity production business in Vietnam.

Saigon Machinery Spare Parts

Market Cap: ₫171.0b

Engages in generation, distribution, and trading of electricity in Vietnam.