DHG Relative Valuation - Dhg Pharmaceutical Joint-Stock Co - Alpha Spread
D

Dhg Pharmaceutical Joint-Stock Co
VN:DHG

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Dhg Pharmaceutical Joint-Stock Co
VN:DHG
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Price: 106 900 VND -0.09% Market Closed
Market Cap: 14T VND
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Relative Value

The Relative Value of one DHG stock under the Base Case scenario is 113 545.85 VND. Compared to the current market price of 106 900 VND, Dhg Pharmaceutical Joint-Stock Co is Undervalued by 6%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

DHG Relative Value
Base Case
113 545.85 VND
Undervaluation 6%
Relative Value
Price
D
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
60
vs Industry
40
Median 3Y
2.8
Median 5Y
2.8
Industry
2.6
Forward
2.7
vs History
60
vs Industry
28
Median 3Y
17.3
Median 5Y
17.3
Industry
22.9
Forward
14.6
vs History
60
vs Industry
18
Median 3Y
18.3
Median 5Y
18.3
Industry
17.6
vs History
60
vs Industry
16
Median 3Y
22.8
Median 5Y
22.8
Industry
25.2
vs History
60
vs Industry
27
Median 3Y
3.3
Median 5Y
3.3
Industry
2.2
vs History
60
vs Industry
44
Median 3Y
2.4
Median 5Y
2.4
Industry
2.7
Forward
2.3
vs History
60
vs Industry
39
Median 3Y
5.6
Median 5Y
5.6
Industry
5.4
vs History
60
vs Industry
29
Median 3Y
13.2
Median 5Y
13.2
Industry
13.9
Forward
11.1
vs History
60
vs Industry
30
Median 3Y
14.7
Median 5Y
14.7
Industry
17.3
Forward
11.4
vs History
60
vs Industry
22
Median 3Y
15.8
Median 5Y
15.8
Industry
16.1
vs History
60
vs Industry
3
Median 3Y
27
Median 5Y
27
Industry
18.8
vs History
60
vs Industry
22
Median 3Y
3.8
Median 5Y
3.8
Industry
2

Multiples Across Competitors

DHG Competitors Multiples
Dhg Pharmaceutical Joint-Stock Co Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
VN
Dhg Pharmaceutical Joint-Stock Co
VN:DHG
14T VND 2.8 17.2 13.1 14.7
JP
Nichi-Iko Pharmaceutical Co Ltd
TSE:4541
776 550.9T JPY 4 211 733 -5 347 888.9 -5 459 134.4 -5 046 864.6
US
Eli Lilly and Co
NYSE:LLY
843.2B USD 21.7 114.8 57.4 64.3
UK
Dechra Pharmaceuticals PLC
LSE:DPH
440.4B GBP 578.3 -15 783.5 3 846.3 17 702.3
DK
Novo Nordisk A/S
CSE:NOVO B
3.4T DKK 13.3 38.2 25.5 29.2
US
Johnson & Johnson
NYSE:JNJ
385.8B USD 4.5 10.1 12.4 16.1
US
Merck & Co Inc
NYSE:MRK
278.3B USD 4.5 20.3 13.7 16.8
CH
Roche Holding AG
SIX:ROG
206.1B CHF 3.5 17.9 10.1 12
UK
AstraZeneca PLC
NASDAQ:AZN
240.2B USD 4.9 37.3 17.1 25.6
CH
Novartis AG
SIX:NOVN
191.2B CHF 4.6 13.8 10.9 16.1
US
Pfizer Inc
NYSE:PFE
162B USD 2.9 -62.4 12.6 20.4
P/E Multiple
Earnings Growth
VN
D
Dhg Pharmaceutical Joint-Stock Co
VN:DHG
Average P/E: 33.7
17.2
6%
JP
N
Nichi-Iko Pharmaceutical Co Ltd
TSE:4541
Negative Multiple: -5 347 888.9 N/A
US
Eli Lilly and Co
NYSE:LLY
114.8
425%
UK
Dechra Pharmaceuticals PLC
LSE:DPH
Negative Multiple: -15 783.5 N/A
DK
Novo Nordisk A/S
CSE:NOVO B
38.2
90%
US
Johnson & Johnson
NYSE:JNJ
10.1
-22%
US
Merck & Co Inc
NYSE:MRK
20.3
7 419%
CH
Roche Holding AG
SIX:ROG
17.9
30%
UK
A
AstraZeneca PLC
NASDAQ:AZN
37.3
175%
CH
Novartis AG
SIX:NOVN
13.8
19%
US
Pfizer Inc
NYSE:PFE
Negative Multiple: -62.4
712%

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