Thu Duc Trading and Import-Export Valuation

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

TMC (₫7800) is trading above our estimate of [[fair value]] (₫5141.44)

Is TMC 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 TMC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: TMC (₫7800) is trading above our estimate of fair value (₫5141.44)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for TMC. This is calculated by dividing TMC's market cap by their current earnings.
What is TMC's PE Ratio?
PE Ratio	8.1x
Earnings	₫11.90b
Market Cap	₫96.72b

TMC 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	0.02x
Enterprise Value/EBITDA	4x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for TMC 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	13.5x
ARM General Aviation Import Export JSC	19.1x	n/a	₫75.3b
MEL Me Lin Steel	18.9x	n/a	₫94.5b
TTH Tien Thanh Service and Trading	5.5x	n/a	₫100.9b
VTJ Vi Na Ta Ba Trading & Investment	10.3x	n/a	₫51.3b
TMC Thu Duc Trading and Import-Export	8.1x	n/a	₫96.7b

Price-To-Earnings vs Peers: TMC is good value based on its Price-To-Earnings Ratio (8.1x) compared to the peer average (14.3x).

Price to Earnings Ratio vs Industry

How does TMC's PE Ratio compare vs other companies in the Asian Trade Distributors Industry?

27 Companies	Price / Earnings	Estimated Growth	Market Cap

27 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: TMC is good value based on its Price-To-Earnings Ratio (8.1x) compared to the Asian Trade Distributors industry average (14.6x).

Price to Earnings Ratio vs Fair Ratio

What is TMC'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.

TMC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	8.1x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate TMC'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.

Discover undervalued companies

Song Da 5

₫202.8b

Engages in the construction business in Vietnam.

SD5

₫7,800.00

6.8%

Power Engineering Consulting 3

₫104.7b

Provides design and engineering consultancy services in Vietnam.

TV3

₫11,000.00

-4.3%

-6.0%

Song Da 4

₫27.8b

Song Da 4 Joint Stock Company engages in the construction business in Vietnam.

SD4

₫2,700.00

-46.0%