Hai Phat Investment Joint Stock Company

HOSE:HPX Stock Report

Market Cap: ₫1.4t

Hai Phat Investment Valuation

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

Valuation Score

1/6

Valuation Score 1/6

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

Below Fair Value: HPX (₫4680) is trading above our estimate of fair value (₫1135.14)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for HPX. This is calculated by dividing HPX's market cap by their current earnings.
What is HPX's PE Ratio?
PE Ratio12x
Earnings₫118.29b
Market Cap₫1.42t

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for HPX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average10x
IDV Vinh Phuc Infrastructure Development
10xn/a₫1.3t
TIX Tan Binh Import - Export
10.4xn/a₫1.1t
AGG An Gia Real Estate Investment and Development
7.4xn/a₫2.4t
ITC Investment and Trading of Real Estate
12xn/a₫1.0t
HPX Hai Phat Investment
12xn/a₫1.4t

Price-To-Earnings vs Peers: HPX is expensive based on its Price-To-Earnings Ratio (12x) compared to the peer average (10x).

Price to Earnings Ratio vs Industry

How does HPX's PE Ratio compare vs other companies in the VN Real Estate Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
NTL Tu Liem Urban Development
2.2xn/aUS$86.58m
VPH Van Phat Hung
4.2xn/aUS$26.63m
No more companies available in this PE range
HPX 12.0xIndustry Avg. 20.7xNo. of Companies9PE020406080100+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: HPX is good value based on its Price-To-Earnings Ratio (12x) compared to the VN Real Estate industry average (20.7x).

Price to Earnings Ratio vs Fair Ratio

What is HPX'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.

HPX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12x
Fair PE Ration/a

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