VICEM Cement Trading Joint Stock Company

HNX:TMX Stock Report

Market Cap: ₫55.2b

VICEM Cement Trading Valuation

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

Below Fair Value: TMX (₫9200) is trading above our estimate of fair value (₫2789.39)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for TMX. This is calculated by dividing TMX's market cap by their current earnings.
What is TMX's PE Ratio?
PE Ratio15x
Earnings₫3.67b
Market Cap₫55.20b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for TMX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average53.9x
DC2 Development Investment Construction Number 2
192xn/a₫52.9b
VXB Ben Tre Construction Material
7.6xn/a₫67.1b
HCC Intimex - Hoa Cam Concrete
9.4xn/a₫78.2b
PDB DIN Capital Investment Group
6.8xn/a₫86.4b
TMX VICEM Cement Trading
15xn/a₫55.2b

Price-To-Earnings vs Peers: TMX is good value based on its Price-To-Earnings Ratio (15x) compared to the peer average (67.6x).

Price to Earnings Ratio vs Industry

How does TMX's PE Ratio compare vs other companies in the Asian Basic Materials Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
TMX 15.0xIndustry Avg. 17.2xNo. of Companies41PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TMX is good value based on its Price-To-Earnings Ratio (15x) compared to the Asian Basic Materials industry average (17.2x).

Price to Earnings Ratio vs Fair Ratio

What is TMX'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.

TMX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15x
Fair PE Ration/a

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