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Dong Phu Rubber Joint Stock Company (DPR) Fair Value & Analysis

Consumer Cyclical · VN · Market cap 3.2T VND

DP Dong Phu Rubber Joint Stock Company DPR · VN
Price36,700 VND
Fair Value53,228 VND
Upside+45.0%
Quality61/100
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Weak Growth
Highly profitable · 24.0% net margin
Low debt · generates free cash flow
Ranks above peers (12/14)
Wide moat 72/100
Evidence: Medium Range 38,079 VND – 72,999 VND Share as image

Fair value as of: Jul 16, 2026

From 22 valuation models · updated 25 days ago

Share price −4.6% over the past month.

A solid business, screening 45% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (38,079 VND). The market is more pessimistic than our downside scenario.
  • Solid quality (61/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (38,079 VND to 72,999 VND) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

52,500 VND 18,114 VND Fair Value 53,228 VND Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range 18,114 VND – 52,500 VND · fair‑value band 38,079 VND – 72,999 VND · the 36,700 VND price screens below the 53,228 VND fair value. Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

Dong Phu Rubber Joint Stock Company (DPR) currently trades at 36,700 VND, while our model-based Fair Value estimate is 53,228 VND, implying the stock looks roughly 45.0% undervalued today. The Quality Score stands at 61/100 (solid quality), in the Consumer Cyclical 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: medium), always confirm before acting.

Over the trailing twelve months, Dong Phu Rubber Joint Stock Company generated revenue of 1.4T VND at a net margin of 24.0%. Revenue grew 87.3% year over year. It earns a return on equity of 11.3%. The stock trades on a trailing P/E of 10.8. Fundamentals as of Jul 16, 2026

Our scenario range runs from 38,079 VND (bear case) to 72,999 VND (bull case); at 36,700 VND, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 24% below its 52-week high and 9% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -44% fair-value upside, at 45%, DPR screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF 32,884 VND 43,916 VND 64,369 VND 80
Residual Income 27,552 VND 32,143 VND 62,465 VND 76
Rev-Margin DCF 22,014 VND 29,243 VND 38,505 VND 74
All 22 models by family
DCF Models
FCF DCF 31,535 VND 42,736 VND 65,324 VND 38
Owner Earnings 48,245 VND 66,074 VND 102,027 VND 31
5Y Revenue Exit 22,014 VND 28,616 VND 38,421 VND 39
5Y EBITDA Exit 32,821 VND 47,108 VND 66,434 VND 41
5Y P/E Exit 36,728 VND 53,795 VND 74,580 VND 38
10Y Revenue Exit 24,945 VND 30,847 VND 37,186 VND 36
10Y EBITDA Exit 32,098 VND 42,976 VND 54,950 VND 37
10Y P/E Exit 34,538 VND 47,362 VND 60,115 VND 35
Earnings-Based
Graham-Dodd 22,613 VND 32,841 VND 38,702 VND 54
EPV 27,494 VND 31,764 VND 35,560 VND 59
Multiples
P/E Multiple 42,400 VND 56,533 VND 70,666 VND 63
P/S Multiple 15,382 VND 20,510 VND 25,637 VND 58
P/B Multiple 42,400 VND 56,533 VND 70,666 VND 55
EV/EBIT 35,823 VND 46,666 VND 57,509 VND 53
EV/EBITDA 38,519 VND 50,261 VND 62,002 VND 54
EV/Revenue 17,651 VND 23,803 VND 29,956 VND 43
Asset-Based
NCAV (Graham) 14,989 VND 20,086 VND 29,979 VND 50
Growth DCF
Growth DCF 32,884 VND 43,916 VND 64,369 VND 80
Rev-Margin DCF 22,014 VND 29,243 VND 38,505 VND 74
Economic Profit
Residual Income 27,552 VND 32,143 VND 62,465 VND 76
ROIC Compounder 27,494 VND 32,043 VND 37,407 VND 72
Growth Earnings
Growth-Adj P/E 30,206 VND 43,151 VND 56,096 VND 68

Widest divergence: Multiples (46,666 VND) versus Asset-Based (20,086 VND). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 1.4T VND
Revenue growth (YoY) +87.3%
Net margin 24.0%
Return on equity 11.3%
Free cash flow 235B VND FY2025
P/E ratio 9.8
More key figures
Operating margin 32.0%
EPS (TTM) 3,777 VND
EPS growth (YoY) +60.0%

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 61/100

Of which business quality 59 · Market factors (momentum, volatility) 43

Profitability 44
Margins and returns on capital today
Quality Growth 40
Are margins and returns improving?
Cashflow 69
Earnings quality: real cash, not paper profit
Fin. Strength 76
Balance sheet, leverage, solvency risk
Investment 81
Disciplined investing over empire-building
Low Volatility 81
Calm price path (market factor)
Momentum 30
Price trend over the last 3–12 months (market factor)
52W Momentum 23
Distance to the 52-week high (market factor)
Net Issuance 40
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Dong Phu Rubber Joint Stock Company engages in the planting, exploiting, and processing of rubber latex in Vietnam. It engages in the rubber plantation; poultry farming; construction of railways and roads; construction of all types of houses, including investment in construction of industrial and civil works inside and outside industrial parks; civil and …

Full company description

Dong Phu Rubber Joint Stock Company engages in the planting, exploiting, and processing of rubber latex in Vietnam. It engages in the rubber plantation; poultry farming; construction of railways and roads; construction of all types of houses, including investment in construction of industrial and civil works inside and outside industrial parks; civil and industrial construction; production of pesticides and other chemical products used in agriculture; investment and trading in real estate; afforestation, forest protection, exploitation, processing, and trading of products from planted forests; production of fertilizers and nitrogen compounds; raising livestock; wholesale of other materials and installation equipment in construction; buying and selling rubber wood; timber exploitation; rubber wood exploitation; and trading, importing, and exporting all types of rubber latex. The company is also involved in industrial park infrastructure; rubber mattress production; hotel business; production, trade, and road toll collection; and growing, exploiting and processing rubber latex. It also exports its products to France, Belgium, Netherlands, United Kingdom, Spain, South Korea, Australia, the United States, New Zealand, Canada, Singapore, Taiwan, China, and Japan. Dong Phu Rubber Joint Stock Company was founded in 1927 and is headquartered in Dong Nai, Vietnam.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Dong Phu Rubber Joint Stock Company reported revenue of 1.2T VND in FY2025 versus 1.2T VND in FY2021, a compound −0.6%/yr. Reported net income was 289B VND in FY2025, compounding −9.5%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
1.2T VND
Latest YoY
−3.0%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−0.6%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+0.9%
Avg. growth/yr (6Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+2.4%
Revenue −0.6%/yr
FY21 1.2T VND
FY22 1.2T VND
FY23 1.0T VND
FY24 1.2T VND
FY25 1.2T VND
Net income −9.5%/yr
FY21 431B VND
FY22 248B VND
FY23 209B VND
FY24 262B VND
FY25 289B VND

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Cite: Fair Value Calculator (2026). "Dong Phu Rubber Joint Stock Company Fair Value". https://www.fairvalue-calculator.com/stock/DPR

Peer Group

Auto Parts · 642 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 61 · Top 25%
Fair Value upside +45% · Top 25%
Return on equity (TTM) 11% · Above median
Return on assets 4% · Above median
Net margin (TTM) 24% · Top 25%
Operating margin (TTM) 32% · Top 25%
Revenue growth 87% · Top 25%
Dividend yield (TTM) 0.0% · Bottom 25%

Valuation Multiples vs Auto Parts median · lower = cheaper

P/E (TTM) 9.8× · Cheaper than 75% of peers
P/B 1.23× · Cheaper than median
P/S (TTM) 2.35× · Pricier than 75% of peers
P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 6.2× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 93 · sector 16
FUTURE 100 · sector 23
PAST 45 · sector 26
HEALTH 100 · sector 95
DIVIDEND 0 · sector 30

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

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Frequently asked questions

Is Dong Phu Rubber Joint Stock Company (DPR) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of 53,228 VND versus a price of 36,700 VND, about +45% (undervalued).
What is the fair value of DPR?
Our model-based fair value for Dong Phu Rubber Joint Stock Company is 53,228 VND (as of Jul 16, 2026), built from audited fundamentals. The current price is 36,700 VND.
What is the quality score of DPR?
Dong Phu Rubber Joint Stock Company has a Quality Score of 61/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Dong Phu Rubber Joint Stock Company (DPR)?
Dong Phu Rubber Joint Stock Company reported trailing-twelve-month revenue of about 1.4T VND (latest available figure, as of Jul 16, 2026).
What is the net profit margin of DPR?
The net profit margin of Dong Phu Rubber Joint Stock Company is about 24.0%, meaning it keeps roughly 24.0% 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.

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