Development Investment Construction Valuation

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

DIG (₫19900) is trading below our estimate of [[fair value]] (₫320775.32)

Is DIG 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-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: DIG (₫19900) is trading below our estimate of fair value (₫320775.32)

Significantly Below Fair Value: DIG is trading below fair value by more than 20%.

Key Valuation Metric

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

Key metric: As DIG is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for DIG. This is calculated by dividing DIG's market cap by their current revenue.
What is DIG's PS Ratio?
PS Ratio	9.3x
Sales	₫1.30t
Market Cap	₫12.14t

DIG 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	10.4x
Enterprise Value/EBITDA	178.5x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does DIG's PS Ratio compare to its peers?

The above table shows the PS ratio for DIG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	4.2x
THD Thaiholdings	7.3x	n/a	₫13.7t
HDG Ha Do Group	3.3x	14.8%	₫9.2t
IJC Becamex Infrastructure Development	5.3x	44.4%	₫5.0t
PC1 PC1 Group	0.8x	14.2%	₫8.0t
DIG Development Investment Construction	9.3x	n/a	₫12.1t

Price-To-Sales vs Peers: DIG is expensive based on its Price-To-Sales Ratio (9.3x) compared to the peer average (4.2x).

Price to Sales Ratio vs Industry

How does DIG's PS Ratio compare vs other companies in the VN Construction Industry?

9 Companies	Price / Sales	Estimated Growth	Market Cap
AME Alphanam E&C	0.1x	n/a	US$12.71m
SD5 Song Da 5	0.09x	n/a	US$7.91m
VMC Vimeco	0.1x	n/a	US$5.81m
TA9 Thanh An 96 Installation And Construction	0.05x	n/a	US$5.76m

9 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: DIG is expensive based on its Price-To-Sales Ratio (9.3x) compared to the VN Construction industry average (0.6x).

Price to Sales Ratio vs Fair Ratio

What is DIG's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DIG PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	9.3x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate DIG's Price-To-Sales 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

-1.3%

5.4%

Duc Long Gia Lai Group JSC

₫556.7b

Engages in agriculture, real estate, energy, infrastructure, manufacturing components, and electronic equipment businesses in Vietnam.

DLG

₫1,860.00

-6.1%

-19.8%

Dien Quang Group

₫344.5b

Manufactures and sells lighting devices and electrical equipment in Vietnam.

DQC

₫12,500.00

-1.2%

-17.8%