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Danang Rubber Joint Stock Company (DRC) Fair Value & Analysis

Consumer Cyclical · VN · Market cap 1.7T VND

DR Danang Rubber Joint Stock Company DRC · VN
Price10,650 VND
Fair Value16,880 VND
Upside+58.5%
Quality45/100
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Mixed Growth
Thin margins · 2.5% net margin
Low debt · generates free cash flow
Mixed vs. peers (7/14)
Narrow moat 31/100
Evidence: Medium Range 10,763 VND – 22,429 VND Share as image

Fair value as of: Jul 19, 2026

From 23 valuation models · updated 22 days ago

Fair value updated Jul 19, 2026, revised from 14,437 VND to 16,880 VND (+16.9%) since Jul 16, 2026. Share price −7.4% over the past month.

Below-average quality, screening 59% undervalued on our models.

What matters now

  • Solid quality (45/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (10,763 VND to 22,429 VND) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

26,427 VND 9,980 VND Fair Value 16,880 VND Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

60‑month range 9,980 VND – 26,427 VND · fair‑value band 10,763 VND – 22,429 VND · the 10,650 VND price screens below the 16,880 VND fair value. Dashed = 300-day average. As of Jul 19, 2026.

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Analysis

Danang Rubber Joint Stock Company (DRC) currently trades at 10,650 VND, while our model-based Fair Value estimate is 16,880 VND, implying the stock looks roughly 58.5% undervalued today. The Quality Score stands at 45/100 (below-average 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, Danang Rubber Joint Stock Company generated revenue of 5.0T VND at a net margin of 2.5%. Revenue declined 2.1% year over year. It earns a return on equity of 6.4%. Net debt stands at 760B VND. Fundamentals as of Jul 19, 2026

Our scenario range runs from 10,763 VND (bear case) to 22,429 VND (bull case); at 10,650 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 40% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -44% fair-value upside, at 59%, DRC 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 4,426 VND 6,284 VND 9,028 VND 80
Residual Income 10,100 VND 10,506 VND 10,921 VND 76
ROIC Compounder 7,171 VND 8,336 VND 9,372 VND 72
All 23 models by family
DCF Models
FCF DCF 4,326 VND 6,366 VND 9,542 VND 38
Owner Earnings 9,437 VND 14,250 VND 21,745 VND 31
5Y Revenue Exit 8,302 VND 13,799 VND 20,814 VND 39
5Y EBITDA Exit 10,685 VND 18,163 VND 26,813 VND 41
5Y P/E Exit 9,232 VND 15,502 VND 21,982 VND 38
10Y Revenue Exit 6,542 VND 11,298 VND 17,640 VND 36
10Y EBITDA Exit 8,404 VND 14,362 VND 22,232 VND 37
10Y P/E Exit 7,464 VND 12,494 VND 18,533 VND 35
Earnings-Based
Graham-Dodd 5,217 VND 14,494 VND 19,046 VND 54
Lynch FV 2,906 VND 4,151 VND 5,396 VND 50
PEG = 1.0 2,906 VND 4,151 VND 5,396 VND 46
EPV 7,171 VND 8,336 VND 9,372 VND 59
Multiples
P/E Multiple 12,660 VND 16,880 VND 21,100 VND 63
P/S Multiple 9,783 VND 13,044 VND 16,305 VND 58
P/B Multiple 9,783 VND 13,044 VND 16,305 VND 55
EV/EBIT 15,889 VND 20,996 VND 26,104 VND 53
EV/EBITDA 15,719 VND 20,770 VND 25,820 VND 54
EV/Revenue 10,895 VND 15,322 VND 19,748 VND 43
Asset-Based
NCAV (Graham) 6,287 VND 8,424 VND 12,574 VND 50
Growth DCF
Growth DCF 4,426 VND 6,284 VND 9,028 VND 80
Economic Profit
Residual Income 10,100 VND 10,506 VND 10,921 VND 76
ROIC Compounder 7,171 VND 8,336 VND 9,372 VND 72
Growth Earnings
Growth-Adj P/E 10,038 VND 14,340 VND 18,642 VND 68

Widest divergence: Multiples (15,322 VND) versus Earnings-Based (4,151 VND). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 5.0T VND
Revenue growth (YoY) -2.1%
Net margin 2.5%
Return on equity 6.4%
Free cash flow 49.9B VND FY2025
P/E ratio 14.7
More key figures
Operating margin 2.4%
EPS (TTM) 811.58 VND
EPS growth (YoY) +72.1%
Net debt 760B VND FY2025

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 45/100

Of which business quality 44 · Market factors (momentum, volatility) 34

Profitability 41
Margins and returns on capital today
Quality Growth 47
Are margins and returns improving?
Cashflow 15
Earnings quality: real cash, not paper profit
Fin. Strength 53
Balance sheet, leverage, solvency risk
Investment 88
Disciplined investing over empire-building
Low Volatility 92
Calm price path (market factor)
Momentum 15
Price trend over the last 3–12 months (market factor)
52W Momentum 0
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

Danang Rubber Joint Stock Company engages in the production and sale of rubber tire and inner tube products in Vietnam and internationally.

Full company description

Danang Rubber Joint Stock Company engages in the production and sale of rubber tire and inner tube products in Vietnam and internationally. Its products include PCR tires; radials, include TBR, semi-steel, and golf tires; and bias, including heavy duty, light truck, agricultural, and OTR tires; bicycle and motorcycle tires, including DPLUS tubeless motorcycle and bicycle tires, bicycle inner tubes, and electric bicycle and scooter tires; inner tubes, such as car flaps, car and motorcycle inner tubes, and motorcycle inner tubes; and technical rubber products. Danang Rubber Joint Stock Company was founded in 1975 and is headquartered in Da Nang, Vietnam.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Danang Rubber Joint Stock Company reported revenue of 5.0T VND in FY2025 versus 4.4T VND in FY2021, a compound +3.4%/yr. Reported net income was 118B VND in FY2025, compounding −20.1%/yr from FY2021.

Growth Quality 46/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
5.0T VND
Latest YoY
+7.1%
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.
+0.7%
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.
+6.5%
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.
+4.4%
Revenue +3.4%/yr
FY21 4.4T VND
FY22 4.9T VND
FY23 4.5T VND
FY24 4.7T VND
FY25 5.0T VND
Net income −20.1%/yr
FY21 291B VND
FY22 307B VND
FY23 246B VND
FY24 241B VND
FY25 118B VND

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

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 45 · Below median
Fair Value upside +59% · Top 25%
Return on equity (TTM) 6% · Below median
Return on assets 3% · Below median
Net margin (TTM) 3% · Below median
Operating margin (TTM) 2% · Bottom 25%
Revenue growth -2% · Below median
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.06× · Lower than median

Valuation Multiples vs Auto Parts median · lower = cheaper

P/E (TTM) 13.6× · Cheaper than 75% of peers
P/B 0.87× · Cheaper than median
P/S (TTM) 0.34× · Cheaper than 75% of peers
P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 5.3× · Cheaper than 75% of peers

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 100 · sector 16
FUTURE 0 · sector 23
PAST 26 · sector 26
HEALTH 97 · 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.

Similar stocks

10 more Auto Parts stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

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Magna International Inc MGAN 1,122 MXN 1,172 MXN +4%
Samvardhana Motherson International Limited MOTHERSON ₹144.17 ₹80.63 -44%
Bosch Limited BOSCHLTD ₹41,110 ₹14,004 -66%
Bharat Forge Limited BHARATFORG ₹2,117 ₹441.74 -79%
Uno Minda Limited UNOMINDA ₹1,158 ₹426.57 -63%
Schaeffler India Limited SCHAEFFLER ₹4,135 ₹1,412 -66%
Hankook Tire & Technology Co 161390 73,600 KRW 196,479 KRW +167%
MRF Limited MRF ₹131,025 ₹125,849 -4%
Sona BLW Precision Forgings Limited SONACOMS ₹792.00 ₹207.06 -74%

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Frequently asked questions

Is Danang Rubber Joint Stock Company (DRC) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of 16,880 VND versus a price of 10,650 VND, about +59% (undervalued).
What is the fair value of DRC?
Our model-based fair value for Danang Rubber Joint Stock Company is 16,880 VND (as of Jul 19, 2026), built from audited fundamentals. The current price is 10,650 VND.
What is the quality score of DRC?
Danang Rubber Joint Stock Company has a Quality Score of 45/100. 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 Danang Rubber Joint Stock Company (DRC)?
Danang Rubber Joint Stock Company reported trailing-twelve-month revenue of about 5.0T VND (latest available figure, as of Jul 19, 2026).
What is the net profit margin of DRC?
The net profit margin of Danang Rubber Joint Stock Company is about 2.5%, meaning it keeps roughly 2.5% 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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