Nam Long Investment Corporation

HOSE:NLG Stock Report

Market Cap: ₫14.2t

Nam Long Investment Valuation

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

Below Fair Value: NLG (₫37000) is trading below our estimate of fair value (₫82599.16)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for NLG. This is calculated by dividing NLG's market cap by their current earnings.
What is NLG's PE Ratio?
PE Ratio49.4x
Earnings₫288.06b
Market Cap₫14.24t

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for NLG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average66.3x
VPI Van Phu - Invest Investment
73.3xn/a₫18.6t
DXG Dat Xanh Group
87.6x48.0%₫11.6t
KDH Khang Dien House Trading and Investment
73.5x49.5%₫32.4t
SJS SJ Group
31xn/a₫6.9t
NLG Nam Long Investment
49.4x42.1%₫14.2t

Price-To-Earnings vs Peers: NLG is good value based on its Price-To-Earnings Ratio (49.4x) compared to the peer average (66.3x).

Price to Earnings Ratio vs Industry

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

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
NTL Tu Liem Urban Development
2.3xn/aUS$87.06m
VPH Van Phat Hung
4xn/aUS$25.25m
No more companies available in this PE range
NLG 49.4xIndustry Avg. 19.6xNo. of Companies8PE020406080100+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: NLG is expensive based on its Price-To-Earnings Ratio (49.4x) compared to the VN Real Estate industry average (19.6x).

Price to Earnings Ratio vs Fair Ratio

What is NLG'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.

NLG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio49.4x
Fair PE Ratio32.5x

Price-To-Earnings vs Fair Ratio: NLG is expensive based on its Price-To-Earnings Ratio (49.4x) compared to the estimated Fair Price-To-Earnings Ratio (32.5x).

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 NLG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₫37,000.00
₫46,375.00
+25.3%
9.9%₫54,000.00₫37,800.00n/a10
Nov ’25₫40,700.00
₫46,375.00
+13.9%
9.9%₫54,000.00₫37,800.00n/a10
Oct ’25₫41,600.00
₫46,375.00
+11.5%
9.9%₫54,000.00₫37,800.00n/a10
Sep ’25₫41,000.00
₫46,966.09
+14.6%
9.1%₫54,000.00₫37,800.00n/a11
Aug ’25₫39,300.00
₫46,925.22
+19.4%
10.1%₫54,000.00₫37,800.00n/a9
Jul ’25₫41,800.00
₫45,462.33
+8.8%
10.3%₫51,300.00₫37,800.00n/a9
Jun ’25₫44,000.00
₫44,102.30
+0.2%
11.1%₫51,300.00₫37,800.00n/a10
May ’25₫37,900.00
₫42,902.30
+13.2%
9.1%₫51,300.00₫37,800.00n/a10
Apr ’25₫43,800.00
₫42,382.30
-3.2%
7.1%₫46,334.00₫37,800.00n/a10
Mar ’25₫39,900.00
₫42,538.90
+6.6%
7.6%₫47,900.00₫37,800.00n/a10
Feb ’25₫39,050.00
₫42,308.90
+8.3%
7.7%₫47,900.00₫37,800.00n/a10
Jan ’25₫36,650.00
₫42,218.90
+15.2%
8.0%₫47,900.00₫37,500.00n/a10
Dec ’24₫37,200.00
₫41,938.90
+12.7%
8.6%₫47,900.00₫37,500.00n/a10
Nov ’24₫30,300.00
₫42,198.90
+39.3%
8.8%₫47,900.00₫37,500.00₫40,700.0010
Oct ’24₫35,000.00
₫42,118.90
+20.3%
9.1%₫47,900.00₫36,700.00₫41,600.0010
Sep ’24₫38,900.00
₫41,773.63
+7.4%
9.6%₫47,900.00₫36,700.00₫41,000.008
Aug ’24₫38,100.00
₫40,230.00
+5.6%
9.7%₫47,851.00₫35,800.00₫39,300.008
Jul ’24₫33,000.00
₫38,262.86
+15.9%
14.8%₫47,851.00₫27,000.00₫41,800.007
Jun ’24₫32,500.00
₫37,225.17
+14.5%
16.5%₫47,851.00₫27,000.00₫44,000.006
May ’24₫33,400.00
₫30,266.67
-9.4%
10.5%₫34,600.00₫27,000.00₫37,900.003
Apr ’24₫26,800.00
₫36,200.00
+35.1%
28.1%₫52,900.00₫27,000.00₫43,800.004
Mar ’24₫25,200.00
₫40,900.00
+62.3%
24.9%₫52,900.00₫27,000.00₫39,900.004
Feb ’24₫27,800.00
₫48,771.43
+75.4%
24.8%₫62,000.00₫27,000.00₫39,050.007
Jan ’24₫31,000.00
₫48,771.43
+57.3%
24.8%₫62,000.00₫27,000.00₫36,650.007
Dec ’23₫27,550.00
₫53,785.71
+95.2%
16.6%₫62,100.00₫36,000.00₫37,200.007
Nov ’23₫22,600.00
₫56,500.00
+150.0%
9.2%₫62,100.00₫48,000.00₫30,300.007

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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