Calibrated intrinsic value vs last close
Illustrative estimate- Last close (VND)
- 6.500
- Calibrated intrinsic value (VND)
- 8.862
Last close × (1 + calibrated gap / 100)
Earnings-capitalised value
Not available: the company reported a loss last year or its shares have too short a price history.
How it is calculated
- 1Measure the gap
Between the model and the last close.
- 2Check the record2015–2024
What gaps of that size went on to earn over the following year.
- 3Apply to the close
That return is applied to the last close.
Keep in mind
- For illustration only: not a validated forecast.
- No uncertainty range: the estimate is a single figure.
- Older record: it has not been re-measured on the current data.
Why it needs review
- Trading liquidity is below the comparison threshold.
- The latest cash flow is zero or negative.
Also note
- The model’s gap was capped before calibration.
- Net cash exceeds the market value of the company; the step from enterprise value to equity needs a check.
- Historical growth has declined.
This estimate remains visible for checking its calculation. Its inputs require review before using it in a stock comparison. The model comparison behind this value needs review. The estimate does not remove the data limitations listed above.
Comparison assessed 3 Nov 2026Valid through 2 Dec 2026
- Model reliability
- Very Low
- Model fitInput stabilityRisk checks
- High requires the model’s diagnostic criteria to be met.
- Probability of outperforming peers
- Not assessed
- A separate peer-outperformance probability is unavailable for this valuation.
These assessments address different questions. Neither establishes that the displayed valuation is correct or guarantees a future return.
Valuation Breakdown
A Discounted Cash Flow model built on Free Cash Flow (FCF), the cash a business generates after operating expenses and capital expenditures. Future FCF is projected for 10 years with gradually decaying growth, then discounted to today's value using WACC. The DCF value is blended 70/30 with a value from the company's own historical P/E.
Technical details
Consumer staples/retail generate steady, predictable free cash flows, making them ideal for DCF. The time value of money principle means a dollar today is worth more than a dollar tomorrow. DCF captures this by discounting future cash flows at a rate reflecting the investment's risk (WACC).
Takes 3-year median FCF as the base. Estimates growth via ROIC x reinvestment rate (Damodaran framework), falling back to historical revenue growth. Projects 10 years with decay toward the sector's long-run growth rate. Discounts at CAPM-derived WACC. Blends 70% of the DCF value with 30% of a P/E value: the company's 5-year median P/E, held between 5x and 25x, times EPS.
Stable consumer businesses (food, beverage, retail, healthcare) with predictable, positive free cash flows.
We take the model’s gap to the last close, read what gaps of that size went on to earn over the following year in our 2015 to 2024 record, and apply that to the last close.
Last close × (1 + calibrated gap / 100)
DCF Sensitivity
Illustrative calibrated values from the standalone DCF scenarios below, anchored to the same last close. These scenarios leave out the other parts of a blended model and do not reproduce the headline value.
Earnings Quality
Quantitative Scores
Key Ratios
- P/B
- 0.34
- P/S
- 5.50
- ROE
- 1.5%
- ROA
- 1.0%
- EPS
- 246
- BVPS
- 15.494
- Gross Margin
- 50.3%
- Net Margin
- 19.7%
- D/E
- 0.29
- Current Ratio
- 3.82
- Rev Growth
- −62.4%
- Profit Growth
- −95.5%
- EV/EBITDA
- —
- Div Yield
- —
Company Overview
- Shares outstanding
- 76.2M
- Charter Capital
- 762B VND
- Sector (ICB L2)
- Dịch vụ tài chính
- Industry (ICB L3)
- Dịch vụ tài chính
- Sub-industry
- Tài chính đặc biệt
- Company Type
- CT