Saigon Machinery Spare Parts Joint stock Company

HOSE:SMA Stock Report

Market Cap: ₫218.8b

Saigon Machinery Spare Parts Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: SMA (₫10750) is trading above our estimate of fair value (₫8648.5)

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

Key Valuation Metric

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

Key metric: As SMA is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for SMA. This is calculated by dividing SMA's market cap by their current book value.
What is SMA's PB Ratio?
PB Ration/a
Book₫178.38b
Market Cap₫218.79b

Price to Book Ratio vs Peers

How does SMA's PB Ratio compare to its peers?

The above table shows the PB ratio for SMA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average1.1x
TNA Thien Nam Trading - Import Export
0.3xn/a₫185.6b
GLT Global Electrical Technology
1.9xn/a₫267.4b
VTV Vicem Energy and Environment
0.4xn/a₫143.5b
KDM Le Gia Investment Group
1.6xn/a₫121.6b
SMA Saigon Machinery Spare Parts
n/an/a₫218.8b

Price-To-Book vs Peers: Insufficient data to calculate SMA's Price-To-Book Ratio vs. peers for valuation analysis.

Price to Book Ratio vs Industry

How does SMA's PB Ratio compare vs other companies in the VN Trade Distributors Industry?

1 CompanyPrice / BookEstimated GrowthMarket Cap
SMA is unprofitableIndustry Avg. 0.9xNo. of Companies3PB00.61.21.82.43+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: Insufficient data to calculate SMA's Price-To-Book Ratio vs. industry for valuation analysis.

Price to Book Ratio vs Fair Ratio

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

SMA PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ration/a
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate SMA's Price-To-Book 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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