TDC Relative Valuation - Binh Duong Trade and Development JSC - Alpha Spread
B

Binh Duong Trade and Development JSC
VN:TDC

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Binh Duong Trade and Development JSC
VN:TDC
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Price: 10 900 VND -1.8% Market Closed
Market Cap: 1.1T VND
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Relative Value

The Relative Value of one TDC stock under the Base Case scenario is 24 106.89 VND. Compared to the current market price of 10 900 VND, Binh Duong Trade and Development JSC is Undervalued by 55%.

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.

TDC Relative Value
Base Case
24 106.89 VND
Undervaluation 55%
Relative Value
Price
B
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
0
vs Industry
65
Median 3Y
1.6
Median 5Y
1.6
Industry
3.8
vs History
vs Industry
Median 3Y
-3
Median 5Y
-3
Industry
16.5
vs History
0
vs Industry
7
Median 3Y
19.2
Median 5Y
19.2
Industry
11.1
vs History
vs Industry
Median 3Y
-3
Median 5Y
-3
Industry
13.1
vs History
0
vs Industry
21
Median 3Y
1.3
Median 5Y
1.3
Industry
0.8
vs History
0
vs Industry
58
Median 3Y
3.9
Median 5Y
3.9
Industry
6.7
vs History
0
vs Industry
45
Median 3Y
11.9
Median 5Y
11.9
Industry
12
vs History
vs Industry
50
Median 3Y
-23.4
Median 5Y
-23.4
Industry
16
vs History
vs Industry
48
Median 3Y
-18.7
Median 5Y
-18.7
Industry
19.2
vs History
0
vs Industry
5
Median 3Y
46.7
Median 5Y
46.7
Industry
18.5
vs History
0
vs Industry
4
Median 3Y
50.1
Median 5Y
50.1
Industry
20.1
vs History
0
vs Industry
30
Median 3Y
0.8
Median 5Y
0.8
Industry
0.7

Multiples Across Competitors

TDC Competitors Multiples
Binh Duong Trade and Development JSC 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
Binh Duong Trade and Development JSC
VN:TDC
1.1T VND 1.6 -3 -23.7 -18.9
HK
Sun Hung Kai Properties Ltd
HKEX:16
236.5B HKD 3.3 9.6 10.6 12.4
JP
Mitsui Fudosan Co Ltd
TSE:8801
3.9T JPY 1.6 18.9 15.2 20.7
IN
DLF Ltd
NSE:DLF
2.2T INR 34 76 110.1 119.1
JP
Daiwa House Industry Co Ltd
TSE:1925
2.9T JPY 0.6 8.9 7.5 9.4
JP
Mitsubishi Estate Co Ltd
TSE:8802
2.9T JPY 1.9 16.5 12.3 16.4
JP
Sumitomo Realty & Development Co Ltd
TSE:8830
2.3T JPY 2.2 11.6 16.4 20.7
HK
Swire Pacific Ltd
HKEX:19
89.6B HKD 1.1 3.1 12.9 12.9
PH
Ayala Land Inc
XPHS:ALI
532.3B PHP 3.3 20.3 12.3 14.6
JP
Daito Trust Construction Co Ltd
TSE:1878
1.1T JPY 0.6 14.2 7.5 8.7
HK
Wharf Holdings Ltd
HKEX:4
58.1B HKD 3.3 -24.3 8.4 9.3

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