Binh Minh Plastics Joint Stock Company

HOSE:BMP Stock Report

Market Cap: ₫10.9t

Binh Minh Plastics Valuation

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

Valuation Score

3/6

Valuation Score 3/6

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

Below Fair Value: BMP (₫133300) is trading above our estimate of fair value (₫110871.19)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for BMP. This is calculated by dividing BMP's market cap by their current earnings.
What is BMP's PE Ratio?
PE Ratio10.7x
Earnings₫1.02t
Market Cap₫10.90t

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for BMP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average20.5x
NTP Tien Phong Plastic
14.7xn/a₫9.3t
VGC Viglacera
35.8xn/a₫21.1t
PC1 PC1 Group
16.8x35.5%₫8.1t
HDG Ha Do Group
14.5x33.2%₫9.8t
BMP Binh Minh Plastics
10.7x2.0%₫10.9t

Price-To-Earnings vs Peers: BMP is good value based on its Price-To-Earnings Ratio (10.7x) compared to the peer average (20.5x).

Price to Earnings Ratio vs Industry

How does BMP's PE Ratio compare vs other companies in the Asian Building Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
BMP 10.7xIndustry Avg. 17.2xNo. of Companies31PE01224364860+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BMP is good value based on its Price-To-Earnings Ratio (10.7x) compared to the Asian Building industry average (17.2x).

Price to Earnings Ratio vs Fair Ratio

What is BMP'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.

BMP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.7x
Fair PE Ratio11.2x

Price-To-Earnings vs Fair Ratio: BMP is good value based on its Price-To-Earnings Ratio (10.7x) compared to the estimated Fair Price-To-Earnings Ratio (11.2x).

Analyst Price Targets

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

The above table shows the analyst BMP forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₫133,300.00
₫121,625.00
-8.8%
12.9%₫145,550.00₫102,000.00n/a6
Dec ’25₫126,500.00
₫121,625.00
-3.9%
12.9%₫145,550.00₫102,000.00n/a6
Nov ’25₫133,700.00
₫119,550.00
-10.6%
13.8%₫145,550.00₫102,000.00n/a5
Oct ’25₫117,000.00
₫114,140.00
-2.4%
9.0%₫130,300.00₫102,000.00n/a5
Sep ’25₫104,000.00
₫112,025.00
+7.7%
5.0%₫118,500.00₫104,000.00n/a4
Aug ’25₫95,800.00
₫112,025.00
+16.9%
5.0%₫118,500.00₫104,000.00n/a4
Jul ’25₫99,000.00
₫114,700.00
+15.9%
3.2%₫118,500.00₫109,700.00n/a3
Jun ’25₫108,100.00
₫117,833.33
+9.0%
1.2%₫119,100.00₫115,900.00n/a3
May ’25₫109,000.00
₫116,533.33
+6.9%
2.8%₫119,100.00₫112,000.00n/a3
Apr ’25₫112,200.00
₫116,533.33
+3.9%
2.8%₫119,100.00₫112,000.00n/a3
Mar ’25₫115,000.00
₫98,233.33
-14.6%
4.2%₫103,400.00₫93,300.00n/a3
Feb ’25₫107,100.00
₫98,233.33
-8.3%
4.2%₫103,400.00₫93,300.00n/a3
Jan ’25₫104,300.00
₫98,233.33
-5.8%
4.2%₫103,400.00₫93,300.00₫131,100.003
Dec ’24₫87,200.00
₫96,833.33
+11.0%
2.6%₫99,200.00₫93,300.00₫126,500.003
Nov ’24₫80,500.00
₫94,266.67
+17.1%
6.5%₫99,200.00₫85,600.00₫133,700.003
Oct ’24₫86,000.00
₫97,131.00
+12.9%
9.0%₫106,593.00₫85,600.00₫117,000.003
Sep ’24₫88,100.00
₫88,598.25
+0.6%
18.7%₫106,593.00₫63,000.00₫104,000.004
Aug ’24₫96,800.00
₫82,698.25
-14.6%
19.1%₫106,593.00₫63,000.00₫95,800.004
Jul ’24₫92,400.00
₫76,273.75
-17.5%
10.6%₫84,300.00₫63,000.00₫99,000.004
Jun ’24₫78,500.00
₫76,273.75
-2.8%
10.6%₫84,300.00₫63,000.00₫108,100.004
May ’24₫77,400.00
₫71,319.00
-7.9%
11.7%₫81,100.00₫62,000.00₫109,000.005
Apr ’24₫58,400.00
₫66,340.00
+13.6%
11.3%₫81,100.00₫61,100.00₫112,200.005
Mar ’24₫61,200.00
₫65,700.00
+7.4%
12.1%₫81,100.00₫58,800.00₫115,000.005
Feb ’24₫61,600.00
₫70,691.80
+14.8%
11.5%₫81,100.00₫58,800.00₫107,100.005
Jan ’24₫60,000.00
₫70,691.80
+17.8%
11.5%₫81,100.00₫58,800.00₫104,300.005

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

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 13:51
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Binh Minh Plastics Joint Stock Company is covered by 8 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Manh TranBao Viet Securities Joint Stock Company
Duong TranBao Viet Securities Joint Stock Company
Minh PhamBIDV Securities Joint Stock Company