The Discounted Cash Flow (DCF) valuation of Southern Seed Corp (SSC.VN) is 22.70 VND. With the latest stock price at 32.20 VND, the upside of Southern Seed Corp based on DCF is -29.5%.
Based on the latest price of 32.20 VND and our DCF valuation, Southern Seed Corp (SSC.VN) is a sell. Selling SSC.VN stocks now will result in a potential gain of 29.5%.
Range | Selected | |
WACC / Discount Rate | 7.8% - 10.3% | 9.0% |
Long-term Growth Rate | 1.0% - 3.0% | 2.0% |
Fair Price | 16.9 - 33.95 | 22.70 |
Upside | -47.5% - 5.4% | -29.5% |
(VND in millions) | Projections | |||||
12-2024 | 12-2025 | 12-2026 | 12-2027 | 12-2028 | 12-2029 | |
Revenue | 388,063 | 297,356 | 304,623 | 314,890 | 321,188 | 327,612 |
% Growth | 29% | -23% | 2% | 3% | 2% | 2% |
Cost of goods sold | (276,875) | (212,157) | (217,342) | (224,668) | (229,161) | (233,744) |
% of Revenue | 71% | 71% | 71% | 71% | 71% | 71% |
Selling, G&A expenses | (60,944) | (46,699) | (47,840) | (49,453) | (50,442) | (51,450) |
% of Revenue | 16% | 16% | 16% | 16% | 16% | 16% |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 |
% of Revenue | 0% | 0% | 0% | 0% | 0% | 0% |
Net interest & other expenses | 3,755 | 2,878 | 2,948 | 3,047 | 3,108 | 3,170 |
% of Revenue | 1% | 1% | 1% | 1% | 1% | 1% |
Tax expense | (11,480) | (8,487) | (8,695) | (8,988) | (9,168) | (9,351) |
Tax rate | 21% | 21% | 21% | 21% | 21% | 21% |
Net profit | 42,519 | 32,890 | 33,693 | 34,829 | 35,526 | 36,236 |
% Margin | 11% | 11% | 11% | 11% | 11% | 11% |