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KinhBac City Development Holding (KBC) Fair Value & Analysis

Real Estate · VN · Market cap 27.5T VND

KC KinhBac City Development Holding KBC · VN
Price29,300 VND
Fair Value35,417 VND
Upside+20.9%
Quality91/100
Evidence: High Range 21,187 VND – 47,467 VND

Fair value as of: Jun 26, 2026

From 17 valuation models · updated 3 days ago

Share price −1.8% over the past month.

Price vs Fair Value (12 months)

40,257 VND 25,191 VND Fair Value 35,417 VND Jun 2025 Jun 2026

12‑month range 25,191 VND – 40,257 VND · fair‑value band 21,187 VND – 47,467 VND · the 29,300 VND price screens below the 35,417 VND fair value. As of Jun 26, 2026.

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Analysis

KinhBac City Development Holding (KBC) currently trades at 29,300 VND, while our model-based Fair Value estimate is 35,417 VND — implying the stock looks roughly 20.9% undervalued today. We read business quality at 91/100 (high quality), in the Real Estate 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, KinhBac City Development Holding generated revenue of 5.1T VND at a net margin of 30.2%. Revenue declined 56.9% year over year. It earns a return on equity of 6.6%. Net debt stands at 20.3T VND. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 5.1T VND
Revenue growth (YoY) -56.9%
Net margin 30.2%
Return on equity 6.6%
Free cash flow −17.5T VND FY2025
P/E ratio 17.5
More key figures
Operating margin 36.5%
EPS (TTM) 1,667 VND
EPS growth (YoY) -76.7%
Net debt 20.3T VND FY2025

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

About the company

KinhBac City Development Holding Corporation invests in, construct, and trades in infrastructure inside and outside industrial parks in Vietnam. The company develops industrial land, ready-built factory and offices, and residential estate. It also leases and sells factory plants. The company was formerly known as Kinh Bac City Development Share Holding Corporation. KinhBac City Development Holding Corporation was incorporated in 2002 and is headquartered in Que Vo, Vietnam.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

KinhBac City Development Holding reported revenue of 6.7T VND in FY2025 versus 4.2T VND in FY2021, a compound +12.0%/yr. Reported net income was 2.1T VND in FY2025, compounding +28.1%/yr from FY2021.

Revenue +12.0%/yr
FY21 4.2T VND
FY22 950B VND
FY23 5.6T VND
FY24 2.8T VND
FY25 6.7T VND
Net income +28.1%/yr
FY21 782B VND
FY22 1.5T VND
FY23 2.0T VND
FY24 382B VND
FY25 2.1T VND

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Frequently asked questions

Is KinhBac City Development Holding (KBC) undervalued?
As of Jun 26, 2026, our model estimates a fair value of 35,417 VND versus a price of 29,300 VND — about +21% (undervalued). Model-based estimate, not financial advice.
What is the fair value of KBC?
Our 21-model fair value for KinhBac City Development Holding is 35,417 VND (as of Jun 26, 2026), built from audited fundamentals. The current price is 29,300 VND.
What is the quality score of KBC?
KinhBac City Development Holding has a Quality Score of 91/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of KinhBac City Development Holding (KBC)?
KinhBac City Development Holding reported trailing-twelve-month revenue of about 5.1T VND (latest available figure, as of Jun 26, 2026).
What is the net profit margin of KBC?
The net profit margin of KinhBac City Development Holding is about 30.2%, meaning it keeps roughly 30.2% 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.