The Discounted Cash Flow (DCF) valuation of Kinhbac City Development Holding Corp (KBC.VN) is (311.54) VND. With the latest stock price at 26.30 VND, the upside of Kinhbac City Development Holding Corp based on DCF is -1284.6%.
Based on the latest price of 26.30 VND and our DCF valuation, Kinhbac City Development Holding Corp (KBC.VN) is a sell. Selling KBC.VN stocks now will result in a potential gain of 1284.6%.
Note: valuation result may not be accurate due to the low predictability of business.
Range | Selected | |
WACC / Discount Rate | 9.9% - 11.4% | 10.6% |
Long-term Growth Rate | 3.0% - 5.0% | 4.0% |
Fair Price | (397.92) - (260.85) | (311.54) |
Upside | -1613.0% - -1091.8% | -1284.6% |
(VND in millions) | Projections | |||||
12-2024 | 12-2025 | 12-2026 | 12-2027 | 12-2028 | 12-2029 | |
Revenue | 2,775,753 | 6,816,697 | 12,603,945 | 18,987,185 | 23,239,925 | 27,722,495 |
% Growth | 51% | 146% | 85% | 51% | 22% | 19% |
Cost of goods sold | (1,492,307) | (3,481,569) | (6,115,488) | (8,752,030) | (10,176,690) | (11,532,614) |
% of Revenue | 54% | 51% | 49% | 46% | 44% | 42% |
Selling, G&A expenses | (531,248) | (1,304,639) | (2,412,252) | (3,633,933) | (4,447,859) | (5,305,772) |
% of Revenue | 19% | 19% | 19% | 19% | 19% | 19% |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 |
% of Revenue | 0% | 0% | 0% | 0% | 0% | 0% |
Net interest & other expenses | (29,672) | (72,867) | (134,730) | (202,964) | (248,424) | (296,341) |
% of Revenue | 1% | 1% | 1% | 1% | 1% | 1% |
Tax expense | (299,493) | (455,656) | (917,418) | (1,489,259) | (1,947,492) | (2,464,409) |
Tax rate | 41% | 23% | 23% | 23% | 23% | 23% |
Net profit | 423,033 | 1,501,966 | 3,024,056 | 4,909,000 | 6,419,460 | 8,123,360 |
% Margin | 15% | 22% | 24% | 26% | 28% | 29% |