Taseco Air Services Joint Stock Company

HOSE:AST Stock Report

Market Cap: ₫2.4t

Taseco Air Services Valuation

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

Valuation Score

4/6

Valuation Score 4/6

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

Discounted Cash Flow
Simply Wall St
₫73.13k
Fair Value
27.1% undervalued intrinsic discount
2
Number of Analysts

Below Fair Value: AST (₫53300) is trading below our estimate of fair value (₫73128.97)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for AST. This is calculated by dividing AST's market cap by their current earnings.
What is AST's PE Ratio?
PE Ratio17.8x
Earnings₫134.65b
Market Cap₫2.40t

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for AST vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.7x
OCH One Capital Hospitality
16.1xn/a₫1.1t
SGH Saigon Hotel
30.4xn/a₫432.7b
TCT Tay Ninh Cable Car Tour
32.5xn/a₫238.5b
DSN Dam Sen Water Park
7.7xn/a₫639.2b
AST Taseco Air Services
17.8x21.7%₫2.4t

Price-To-Earnings vs Peers: AST is good value based on its Price-To-Earnings Ratio (17.8x) compared to the peer average (21.7x).

Price to Earnings Ratio vs Industry

How does AST's PE Ratio compare vs other companies in the Asian Hospitality Industry?

19 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AST 17.8xIndustry Avg. 22.0xNo. of Companies68PE01632486480+
19 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: AST is good value based on its Price-To-Earnings Ratio (17.8x) compared to the Asian Hospitality industry average (21.9x).

Price to Earnings Ratio vs Fair Ratio

What is AST'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.

AST PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate AST'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?

The above table shows the analyst AST forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₫53,300.00
₫62,550.00
+17.4%
3.1%₫64,500.00₫60,600.00n/a2
Jan ’26₫54,500.00
₫62,550.00
+14.8%
3.1%₫64,500.00₫60,600.00n/a2
Jun ’25₫59,300.00
₫68,550.00
+15.6%
0.7%₫69,000.00₫68,100.00n/a2
May ’25₫54,800.00
₫68,550.00
+25.1%
0.7%₫69,000.00₫68,100.00n/a2
Apr ’25₫57,000.00
₫68,966.67
+21.0%
1.0%₫69,800.00₫68,100.00n/a3
Mar ’25₫57,700.00
₫67,766.67
+17.4%
3.4%₫69,800.00₫64,500.00n/a3
Feb ’25₫56,700.00
₫67,766.67
+19.5%
3.4%₫69,800.00₫64,500.00n/a3
Jan ’25₫50,500.00
₫67,766.67
+34.2%
3.4%₫69,800.00₫64,500.00₫54,500.003
Dec ’24₫49,700.00
₫70,500.00
+41.9%
2.3%₫72,700.00₫69,000.00₫53,400.003
Nov ’24₫56,700.00
₫70,500.00
+24.3%
2.3%₫72,700.00₫69,000.00₫54,400.003
Oct ’24₫57,900.00
₫70,500.00
+21.8%
2.3%₫72,700.00₫69,000.00₫56,000.003
Sep ’24₫59,400.00
₫70,850.00
+19.3%
2.6%₫72,700.00₫69,000.00₫57,600.002
Aug ’24₫60,800.00
₫70,850.00
+16.5%
2.6%₫72,700.00₫69,000.00₫59,200.002
Jul ’24₫59,200.00
₫70,850.00
+19.7%
2.6%₫72,700.00₫69,000.00₫61,500.002
Jun ’24₫60,400.00
₫70,850.00
+17.3%
2.6%₫72,700.00₫69,000.00₫59,300.002
May ’24₫58,500.00
₫70,850.00
+21.1%
2.6%₫72,700.00₫69,000.00₫54,800.002
Apr ’24₫55,500.00
₫68,800.00
+24.0%
0.3%₫69,000.00₫68,600.00₫57,000.002
Mar ’24₫57,600.00
₫68,800.00
+19.4%
0.3%₫69,000.00₫68,600.00₫57,700.002
Feb ’24₫55,500.00
₫68,800.00
+24.0%
0.3%₫69,000.00₫68,600.00₫56,700.002
Jan ’24₫57,000.00
₫68,800.00
+20.7%
0.3%₫69,000.00₫68,600.00₫50,500.002
Analyst Price Target
Consensus Narrative from 2 Analysts
₫62.55k
Fair Value
14.8% undervalued intrinsic discount
2
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/21 07:07
End of Day Share Price 2025/01/21 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

Taseco Air Services Joint Stock Company is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Giang NguyenSSI Securities Corporation
Phu Hoang PhamViet Capital Securities Joint Stock Company
Han NguyenViet Capital Securities Joint Stock Company