Dong Hai Joint Stock Company of Ben Tre

HOSE:DHC Stock Report

Market Cap: ₫2.8t

Dong Hai Ben Tre Valuation

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

Valuation Score

5/6

Valuation Score 5/6

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

Below Fair Value: DHC (₫34550) is trading below our estimate of fair value (₫101717.75)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for DHC. This is calculated by dividing DHC's market cap by their current earnings.
What is DHC's PE Ratio?
PE Ratio10.6x
Earnings₫262.10b
Market Cap₫2.78t

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for DHC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average13x
VIF Viet Nam Forestry Corporation -
19.8xn/a₫6.1t
AAA An Phat Bioplastics
8.3xn/a₫3.2t
ACG An Cuong Wood - Working
11.1x15.3%₫6.0t
LAS Lam Thao Fertilizers & Chemicals
12.8xn/a₫2.4t
DHC Dong Hai Ben Tre
10.6x24.8%₫2.8t

Price-To-Earnings vs Peers: DHC is good value based on its Price-To-Earnings Ratio (10.6x) compared to the peer average (13x).

Price to Earnings Ratio vs Industry

How does DHC's PE Ratio compare vs other companies in the Asian Forestry Industry?

8 CompaniesPrice / EarningsEstimated GrowthMarket Cap
DHC 10.6xIndustry Avg. 18.9xNo. of Companies29PE020406080100+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: DHC is good value based on its Price-To-Earnings Ratio (10.6x) compared to the Asian Forestry industry average (18.5x).

Price to Earnings Ratio vs Fair Ratio

What is DHC'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.

DHC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.6x
Fair PE Ratio11.7x

Price-To-Earnings vs Fair Ratio: DHC is good value based on its Price-To-Earnings Ratio (10.6x) compared to the estimated Fair Price-To-Earnings Ratio (11.7x).

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 DHC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₫34,550.00
₫50,490.33
+46.1%
18.6%₫63,571.00₫42,100.00n/a3
Nov ’25₫35,100.00
₫50,490.33
+43.8%
18.6%₫63,571.00₫42,100.00n/a3
Oct ’25₫37,600.00
₫50,490.33
+34.3%
18.6%₫63,571.00₫42,100.00n/a3
Sep ’25₫38,050.00
₫52,657.00
+38.4%
14.8%₫63,571.00₫45,800.00n/a3
Aug ’25₫38,600.00
₫52,067.75
+34.9%
13.1%₫63,571.00₫45,800.00n/a4
Jul ’25₫40,200.00
₫52,067.75
+29.5%
13.1%₫63,571.00₫45,800.00n/a4
Jun ’25₫42,700.00
₫50,569.75
+18.4%
6.6%₫55,279.00₫45,800.00n/a4
May ’25₫38,000.00
₫52,159.67
+37.3%
4.3%₫55,279.00₫50,300.00n/a3
Apr ’25₫43,000.00
₫52,159.67
+21.3%
4.3%₫55,279.00₫50,300.00n/a3
Mar ’25₫42,100.00
₫52,159.67
+23.9%
4.3%₫55,279.00₫50,300.00n/a3
Feb ’25₫42,050.00
₫51,159.67
+21.7%
6.0%₫55,279.00₫47,900.00n/a3
Jan ’25₫38,000.00
₫51,589.50
+35.8%
7.2%₫55,279.00₫47,900.00n/a2
Dec ’24₫38,100.00
₫51,589.50
+35.4%
7.2%₫55,279.00₫47,900.00n/a2
Oct ’24₫45,400.00
₫44,600.00
-1.8%
3.4%₫46,100.00₫43,100.00₫37,600.002
Sep ’24₫41,000.00
₫48,159.67
+17.5%
10.8%₫55,279.00₫43,100.00₫38,050.003
Aug ’24₫41,300.00
₫48,259.67
+16.9%
10.7%₫55,279.00₫43,100.00₫38,600.003
Jul ’24₫40,900.00
₫48,259.67
+18.0%
10.7%₫55,279.00₫43,100.00₫40,200.003
Jun ’24₫41,800.00
₫48,259.67
+15.5%
10.7%₫55,279.00₫43,100.00₫42,700.003
May ’24₫40,100.00
₫48,793.00
+21.7%
10.3%₫55,279.00₫43,100.00₫38,000.003
Apr ’24₫40,100.00
₫51,639.50
+28.8%
7.0%₫55,279.00₫48,000.00₫43,000.002
Mar ’24₫37,700.00
₫51,639.50
+37.0%
7.0%₫55,279.00₫48,000.00₫42,100.002
Feb ’24₫37,200.00
₫51,389.57
+38.1%
7.6%₫55,279.13₫47,500.00₫42,050.002
Jan ’24₫32,800.00
₫51,335.22
+56.5%
7.7%₫55,279.13₫47,391.30₫38,000.002
Dec ’23₫33,217.39
₫51,335.22
+54.5%
7.7%₫55,279.13₫47,391.30₫38,100.002
Nov ’23₫43,434.78
₫75,981.30
+74.9%
19.9%₫91,093.04₫60,869.57₫38,400.002

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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