As of 2025-07-13, the Intrinsic Value of Thong Nhat Rubber JSC (TNC.VN) is 20.10 VND. This TNC.VN valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 28.30 VND, the upside of Thong Nhat Rubber JSC is -29.00%.
The range of the Intrinsic Value is 15.54 - 29.61 VND
Based on its market price of 28.30 VND and our intrinsic valuation, Thong Nhat Rubber JSC (TNC.VN) is overvalued by 29.00%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 15.54 - 29.61 | 20.10 | -29.0% |
| DCF (Growth 10y) | 26.99 - 52.66 | 35.33 | 24.9% |
| DCF (EBITDA 5y) | 23.32 - 37.13 | 29.62 | 4.7% |
| DCF (EBITDA 10y) | 31.67 - 51.76 | 40.52 | 43.2% |
| Fair Value | 14.92 - 14.92 | 14.92 | -47.29% |
| P/E | 22.90 - 31.62 | 26.36 | -6.8% |
| EV/EBITDA | 17.50 - 33.06 | 23.04 | -18.6% |
| EPV | 5.54 - 7.05 | 6.29 | -77.8% |
| DDM - Stable | 11.71 - 31.13 | 21.42 | -24.3% |
| DDM - Multi | 18.70 - 37.84 | 24.95 | -11.8% |
| Market Cap (mil) | 564,025.00 |
| Beta | 0.65 |
| Outstanding shares (mil) | 19,930.21 |
| Enterprise Value (mil) | 543,763.30 |
| Market risk premium | 9.50% |
| Cost of Equity | 11.70% |
| Cost of Debt | 5.00% |
| WACC | 8.11% |