Danang Housing Development Valuation

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

NDX (₫5000) is trading above our estimate of [[fair value]] (₫4165.32)

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

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: NDX (₫5000) is trading above our estimate of fair value (₫4165.32)

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

Key Valuation Metric

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

Key metric: As NDX is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for NDX. This is calculated by dividing NDX's market cap by their current earnings.
What is NDX's PE Ratio?
PE Ratio	12x
Earnings	₫4.17b
Market Cap	₫49.94b

NDX 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/Revenue	0.9x
Enterprise Value/EBITDA	19.5x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for NDX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	28x
C92 Construction And Investment No 492	20.6x	n/a	₫19.7b
VC9 VC9 - No 9 Construction Join Stock	55x	n/a	₫76.8b
TA9 Thanh An 96 Installation And Construction	6.4x	n/a	₫146.6b
VMC Vimeco	30x	n/a	₫154.2b
NDX Danang Housing Development	12x	n/a	₫49.9b

Price-To-Earnings vs Peers: NDX is good value based on its Price-To-Earnings Ratio (12x) compared to the peer average (30.5x).

Price to Earnings Ratio vs Industry

How does NDX's PE Ratio compare vs other companies in the VN Construction Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

No more companies available in this PE range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: NDX is good value based on its Price-To-Earnings Ratio (12x) compared to the VN Construction industry average (16.3x).

Price to Earnings Ratio vs Fair Ratio

What is NDX'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.

NDX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	12x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate NDX's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.

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