South-East PetroVietnam Fertilizer and Chemicals Joint Stock Company

HNX:PSE Stock Report

Market Cap: ₫118.8b

South-East PetroVietnam Fertilizer and Chemicals Valuation

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

Below Fair Value: PSE (₫9500) is trading below our estimate of fair value (₫62213.29)

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


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for PSE. This is calculated by dividing PSE's market cap by their current earnings.
What is PSE's PE Ratio?
PE Ratio17.3x
Earnings₫6.87b
Market Cap₫118.75b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PSE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average10.9x
PMB North PetroVietnam Fertilizer & Chemicals
12.4xn/a₫112.8b
NFC Ninh Binh Phosphate Fertilizer
7.1xn/a₫262.7b
SFG Southern Fertilizer
16.3xn/a₫507.7b
BFC Binh Dien Fertilizer
7.8xn/a₫2.2t
PSE South-East PetroVietnam Fertilizer and Chemicals
17.3xn/a₫118.8b

Price-To-Earnings vs Peers: PSE is expensive based on its Price-To-Earnings Ratio (17.3x) compared to the peer average (10.9x).


Price to Earnings Ratio vs Industry

How does PSE's PE Ratio compare vs other companies in the VN Chemicals Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
PSE 17.3xIndustry Avg. 14.4xNo. of Companies4PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PSE is expensive based on its Price-To-Earnings Ratio (17.3x) compared to the VN Chemicals industry average (14.4x).


Price to Earnings Ratio vs Fair Ratio

What is PSE'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.

PSE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.3x
Fair PE Ration/a

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


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