VHM Relative Valuation - Vinhomes JSC - Alpha Spread
V

Vinhomes JSC
VN:VHM

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Vinhomes JSC
VN:VHM
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Price: 42 300 VND -3.64% Market Closed
Market Cap: 184.2T VND
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Relative Value

The Relative Value of one VHM stock under the Base Case scenario is 97 028.91 VND. Compared to the current market price of 42 300 VND, Vinhomes JSC is Undervalued by 56%.

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.

VHM Relative Value
Base Case
97 028.91 VND
Undervaluation 56%
Relative Value
Price
V
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
0
vs Industry
61
Median 3Y
2.2
Median 5Y
2.2
Industry
3.8
Forward
1.8
vs History
0
vs Industry
46
Median 3Y
7.2
Median 5Y
7.2
Industry
16.5
Forward
6
vs History
vs Industry
4
Median 3Y
-28.6
Median 5Y
-28.6
Industry
11.1
vs History
0
vs Industry
15
Median 3Y
49.9
Median 5Y
49.9
Industry
13.1
vs History
0
vs Industry
41
Median 3Y
0.9
Median 5Y
0.9
Industry
0.8
vs History
0
vs Industry
66
Median 3Y
2.7
Median 5Y
2.7
Industry
6.7
Forward
2.2
vs History
0
vs Industry
64
Median 3Y
7.9
Median 5Y
7.9
Industry
12
vs History
0
vs Industry
58
Median 3Y
10.3
Median 5Y
10.3
Industry
16
Forward
6.5
vs History
0
vs Industry
57
Median 3Y
11.2
Median 5Y
11.2
Industry
19.2
Forward
6.5
vs History
vs Industry
5
Median 3Y
-35.2
Median 5Y
-35.2
Industry
18.5
vs History
vs Industry
Median 3Y
-11.3
Median 5Y
-11.3
Industry
20.1
vs History
0
vs Industry
65
Median 3Y
0.5
Median 5Y
0.5
Industry
0.7

Multiples Across Competitors

VHM Competitors Multiples
Vinhomes 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
Vinhomes JSC
VN:VHM
184.2T VND 2.4 7.8 11 12
HK
China Resources Land Ltd
HKEX:1109
148.3B HKD 0.5 4.8 3.5 3.6
HK
China Overseas Land & Investment Ltd
HKEX:688
125.6B HKD 0.6 5.1 6.9 7
HK
Henderson Land Development Co Ltd
HKEX:12
120.6B HKD 4.1 18.6 25.9 25.9
IN
Macrotech Developers Ltd
NSE:LODHA
1.3T INR 11.2 70.1 40.5 43.4
HK
CK Asset Holdings Ltd
HKEX:1113
113.9B HKD 2.6 7.3 11.1 11.1
CN
Poly Developments and Holdings Group Co Ltd
SSE:600048
93.9B CNY 0.3 12.9 16.9 16.9
CN
China Merchants Shekou Industrial Zone Holdings Co Ltd
SZSE:001979
86.1B CNY 0.5 18.5 24.7 24.7
CN
China Vanke Co Ltd
SZSE:000002
80.3B CNY 0.2 -10.6 53.4 53.4
IN
Godrej Properties Ltd
NSE:GODREJPROP
809.4B INR 28.5 72.2 -673.9 -486
IN
Prestige Estates Projects Ltd
NSE:PRESTIGE
760.7B INR 9.4 56.8 28.1 38

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