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Dong Hai Joint Stock Company (DHC) Fair Value & Analysis

Basic Materials · VN · Market cap 3.5T VND

DH Dong Hai Joint Stock Company DHC · VN
Price33,500 VND
Fair Value58,291 VND
Upside+74.0%
Quality95/100
Evidence: High Range 40,343 VND – 91,573 VND

Fair value as of: Jun 26, 2026

From 22 valuation models · updated 3 days ago

Fair value updated Jun 26, 2026 — revised from 62,118 VND to 58,291 VND (−6.2%) since Jun 24, 2026. Share price −9.9% over the past month.

Price vs Fair Value (12 months)

40,241 VND 25,306 VND Fair Value 58,291 VND Jun 2025 Jun 2026

12‑month range 25,306 VND – 40,241 VND · fair‑value band 40,343 VND – 91,573 VND · the 33,500 VND price screens below the 58,291 VND fair value. As of Jun 26, 2026.

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Analysis

Dong Hai Joint Stock Company (DHC) currently trades at 33,500 VND, while our model-based Fair Value estimate is 58,291 VND — implying the stock looks roughly 74.0% undervalued today. We read business quality at 95/100 (high quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Dong Hai Joint Stock Company generated revenue of 3.8T VND at a net margin of 12.1%. Revenue grew 17.1% year over year. It earns a return on equity of 20.6%. Net debt stands at 510B VND. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 3.8T VND
Revenue growth (YoY) +17.1%
Net margin 12.1%
Return on equity 20.6%
Free cash flow 282B VND FY2025
P/E ratio 8.3
More key figures
Operating margin 16.7%
EPS (TTM) 4,333 VND
EPS growth (YoY) +84.4%
Net debt 510B VND FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

Dong Hai Joint Stock Company of Ben Tre produces and trades in industrial paper products and cardboard packaging in Vietnam. It offers testliner and medium industrial paper; and 3-layer, 5-layer, and 7-layer carton packaging. The company was founded in 1994 and is headquartered in Chau Thanh, Vietnam.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Dong Hai Joint Stock Company reported revenue of 3.6T VND in FY2025 versus 4.2T VND in FY2021, a compound −3.4%/yr. Reported net income was 393B VND in FY2025, compounding −4.9%/yr from FY2021.

Revenue −3.4%/yr
FY21 4.2T VND
FY22 3.9T VND
FY23 3.3T VND
FY24 3.6T VND
FY25 3.6T VND
Net income −4.9%/yr
FY21 481B VND
FY22 379B VND
FY23 309B VND
FY24 242B VND
FY25 393B VND

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Similar stocks

6 more Paper & Paper Products stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).

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Klabin S.A KLBN11 R$17.05 R$12.20 -28%
UPM-Kymmene Oyj UPMKF $29.33 $17.60 -40%
Suzano S.A SUZB3 R$41.45 R$84.96 +105%
Svenska Cellulosa Aktiebolaget SCA (publ) SCAB kr 101.90 kr 49.40 -52%
Shandong Sunpaper Co 002078 ¥13.24 ¥9.88 -25%
Holmen AB HLMMF $35.72 $32.71 -8%

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Frequently asked questions

Is Dong Hai Joint Stock Company (DHC) undervalued?
As of Jun 26, 2026, our model estimates a fair value of 58,291 VND versus a price of 33,500 VND — about +74% (undervalued). Model-based estimate, not financial advice.
What is the fair value of DHC?
Our 21-model fair value for Dong Hai Joint Stock Company is 58,291 VND (as of Jun 26, 2026), built from audited fundamentals. The current price is 33,500 VND.
What is the quality score of DHC?
Dong Hai Joint Stock Company has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Dong Hai Joint Stock Company (DHC)?
Dong Hai Joint Stock Company reported trailing-twelve-month revenue of about 3.8T VND (latest available figure, as of Jun 26, 2026).
What is the net profit margin of DHC?
The net profit margin of Dong Hai Joint Stock Company is about 12.1%, meaning it keeps roughly 12.1% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.