Hydro Power - Power No. 3 Valuation

Is DRL 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-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of DRL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: DRL (₫60400) is trading below our estimate of fair value (₫76027.3)

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

Key Valuation Metric

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

Key metric: As DRL is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for DRL. This is calculated by dividing DRL's market cap by their current book value.
What is DRL's PB Ratio?
PB Ratio	n/a
Book	₫110.55b
Market Cap	₫573.80b

DRL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Book Ratio vs Peers

How does DRL's PB Ratio compare to its peers?

The above table shows the PB ratio for DRL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PB	Estimated Growth	Market Cap
Peer Average	1.7x
NTH Nuoc Trong Hydro - Power	3.3x	n/a	₫574.7b
HJS Nam Mu Hydropower JSC	2.1x	n/a	₫690.9b
SJD Can Don Hydro Power	1x	n/a	₫972.9b
DDG Indochine Import Export Investment Industrial	0.3x	n/a	₫223.6b
DRL Hydro Power - Power No. 3	n/a	n/a	₫573.8b

Price-To-Book vs Peers: Insufficient data to calculate DRL's Price-To-Book Ratio vs. peers for valuation analysis.

Price to Book Ratio vs Industry

How does DRL's PB Ratio compare vs other companies in the Asian Renewable Energy Industry?

5 Companies	Price / Book	Estimated Growth	Market Cap

5 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Book vs Industry: Insufficient data to calculate DRL's Price-To-Book Ratio vs. industry for valuation analysis.

Price to Book Ratio vs Fair Ratio

What is DRL's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DRL PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	n/a
Fair PB Ratio	n/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate DRL's Price-To-Book 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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