As of 2025-07-04, the Intrinsic Value of PetroVietnam Ca Mau Fertilizer JSC (DCM.VN) is 18.61 VND. This DCM.VN valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 33.10 VND, the upside of PetroVietnam Ca Mau Fertilizer JSC is -43.8%.

The range of the Intrinsic Value is 14.37 - 27.8 VND.

Is DCM.VN undervalued or overvalued?

Based on its market price of 33.10 VND and our intrinsic valuation, PetroVietnam Ca Mau Fertilizer JSC (DCM.VN) is overvalued by 43.8%.

33.10 VND

Stock Price

18.61 VND

Intrinsic Value

Intrinsic Value Details

DCM.VN Intrinsic Value - Valuation Summary

	Range	Selected	Upside
a
DCF (Growth Exit 5Y)	14.37 - 27.8	18.61	-43.8%
DCF (Growth Exit 10Y)	15.35 - 28.6	19.62	-40.7%
DCF (EBITDA Exit 5Y)	20.12 - 36.61	29.12	-12.0%
DCF (EBITDA Exit 10Y)	18.34 - 34.94	26.01	-21.4%
Peter Lynch Fair Value	69.09 - 69.09	69.09	108.72%
P/E Multiples	30.85 - 38.69	34.77	5.0%
EV/EBITDA Multiples	19.85 - 33.42	27.63	-16.5%
Earnings Power Value	25.93 - 43.17	34.55	4.4%
Dividend Discount Model - Stable	14.19 - 29.59	21.89	-33.9%
Dividend Discount Model - Multi Stages	18.67 - 28.32	22.37	-32.4%

DCM.VN Intrinsic Value - Peers Comparison

	Range	Selected	Upside
a
PetroVietnam Fertilizer and Chemicals Corp	13.01 - 27.17	18.14	-45.5%
Dongguang Chemical Ltd	2.65 - 3.35	2.93	72.2%
Viet Nam Fumigation JSC	29.42 - 51.76	37.39	-44.7%
Binh Dien Fertilizer JSC	46.69 - 80.69	59.38	27.2%
Lam Thao Fertilizers and Chemicals JSC	20,301.48 - 39,934.76	27,144.25	29.9%
An Phat Holdings JSC	1.19 - 14.44	4.21	-33.3%
Ninh Binh Phosphate Fertilizer JSC	68,623.68 - 103,924.81	81,940.24	23.2%
Van Dien Fused Magnesium Phosphate Fertilizer JSC	15.47 - 20.2	17.15	-12.9%
Southern Fertilizer JSC	4.41 - 23.74	10.62	-2.6%
HAI Agrochem JSC	0.72 - 1.64	1.04	-30.7%

DCM.VN Intrinsic Value - Key Valuation Metrics

Market Cap (mil)	17,787,808
Beta	1.27
Outstanding shares (mil)	537,396
Enterprise Value (mil)	17,600,340

Market risk premium	10%
Cost of Equity	13%
Cost of Debt	36.95%
WACC	14.5%