Dong Nai Port JSC (PDN) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Dong Nai Port JSC stock VND 104,206, price VND 81,600, upside +27.7%, quality 67 out of 100. Rating: undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range 11,525 VND – 118,054 VND · fair‑value band 59,835 VND – 163,180 VND · the 81,600 VND price screens below the 104,206 VND fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Dong Nai Port Joint Stock Company engages in the seaport business in Vietnam.
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The company is involved in seaport operations; provision of inland container depot services; logistics services, including transportation, door-to-door delivery, and custom clearance; inland and bonded warehouse services; and agent and maritime operation services.
It also provides general merchandise warehousing, loading, and unloading services; and containerized goods. The company was founded in 1989 and is headquartered in Biên Hòa, Vietnam.
Stock analysis
Dong Nai Port JSC (PDN) currently trades at 81,600 VND, while our model-based Fair Value estimate is 104,206 VND, implying the stock looks roughly 22% undervalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of 167,900 VND per share, and 13 of the 26 models we run sit above the 81,600 VND price.
Bear case: the Asset-Based group reads lowest at 13,401 VND, and 13 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: 59,835 VND (bear) to 163,180 VND (bull), the price of 81,600 VND sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 67/100 (solid quality), in the Industrials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Dong Nai Port JSC reported revenue of 1.6T VND in FY2025 versus 893B VND in FY2021, a compound +15.3%/yr. Reported net income was 436B VND in FY2025, compounding +28.4%/yr from FY2021.
Key figures
Market cap 4.5T VND (≈ $177M) Micro · P/E ratio 13.7 · P/S ratio 3.81 · EPS (TTM) 5,936 VND · Dividend yield 3.6% · Net margin 27.7% · Return on equity 33.5% · Return on assets (EBIT) 24.6% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 90 out of 100 (low confidence).
What moves the price
The share trades about 28% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at 13% fair-value upside, at 28%, PDN screens cheaper than that median.
Fair Value models
Bear59,835 VNDFair Value 104,206 VNDBull163,180 VND
Price 81,600 VND · Upside +27.7%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (5,091 VND per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+17.8%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+13.9%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+14.7%
Start year 2020 (pandemic)
Revenue growth 6 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+13.4%
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What shareholders gained per year (last 5 years), in VND ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in VND: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+16.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year+12.7%
Dividend (yield on the price)3.6%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.24% → 32%
Growth Forecast
Price in line with expectations
The price assumes about as much growth as the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+14.2%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Vietnam: IMF forecast 4.1% a year to 2030, 3.1% from 2016 to 2025) that is about +9.8% a year for the price.
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Marine Shipping · 220 stocks
Beats the industry median on 9/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score67 · Top 25%
Fair Value upside+27.7% · Above median
Profitability
Return on equity (12 months)33.5% · Top 25%
Return on assets23.7% · Top 25%
Net margin (12 months)28.1% · Above median
Operating margin (12 months)34.5% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)12.0% · Above median
Dividend yield (12 months)3.6% · Above median
Balance sheet
Debt / equity0.02× · Lowest 25%
Valuation Multiplesvs Marine Shipping median · lower = cheaper
P/E (12 months)13.7× · Pricier than median
P/B3.05× · Priciest 25%
P/S (12 months)2.76× · Pricier than median
Price / free cash flow (fiscal year)14.5× · Pricier than median
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Dong Nai Port JSC Fair Value". https://www.fairvalue-calculator.com/stock/PDN
Frequently asked questions
Is Dong Nai Port JSC (PDN) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of 104,206 VND versus a price of 81,600 VND, about +28% upside (undervalued).
What is the fair value of PDN?
Our model-based fair value for Dong Nai Port JSC is 104,206 VND (as of Nov 8, 2026), built from audited fundamentals. The current price: 81,600 VND.
What is the quality score of PDN?
Dong Nai Port JSC has a Quality Score of 67/100. 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 price target for Dong Nai Port JSC (PDN)?
Our model-based price target is the fair value of 104,206 VND (as of Nov 8, 2026) from 26 valuation models. Cautious scenario 59,835 VND, optimistic scenario 163,180 VND. It is a calculation from audited fundamentals, not an analyst target.
What is the Dong Nai Port JSC stock forecast for 2026?
Our models put fair value at 104,206 VND, about +28% upside versus a price of 81,600 VND (undervalued). Cautious scenario 59,835 VND, optimistic scenario 163,180 VND. The calculation is refreshed regularly with new filings.
What is the revenue of Dong Nai Port JSC (PDN)?
Dong Nai Port JSC reported trailing-twelve-month revenue of about 1.6T VND (latest available figure, as of Nov 8, 2026).
Does Dong Nai Port JSC pay a dividend?
Dong Nai Port JSC currently shows a dividend yield of 3.60% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Dong Nai Port JSC (PDN)?
Dong Nai Port JSC has a dividend yield of 3.6%.
What growth is priced into Dong Nai Port JSC (PDN)?
For today's price to be fair in a discounted-cash-flow model, Dong Nai Port JSC would have to grow free cash flow by +14.2 % per year for five years (discount rate 14.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +14.7 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of PDN use?
Our models discount Dong Nai Port JSC at 14.9 %: a base by market capitalisation (micro), damped by beta 0.34, country premium for Vietnam. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Dong Nai Port JSC that is +14.2 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (14.9 %) and the same formula as our fair value.
How much growth has Dong Nai Port JSC (PDN) delivered so far?
Over the past 5 years revenue at Dong Nai Port JSC grew +14.7 % a year. The price currently implies free-cash-flow growth of +14.2 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Dong Nai Port JSC (PDN) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into Dong Nai Port JSC (+14.2 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Dong Nai Port JSC (PDN)?
The free-cash-flow yield on the price is 6.92 %: that much free cash flow Dong Nai Port JSC produces per unit of market value. When it exceeds the discount rate of our models (14.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Dong Nai Port JSC (PDN)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Dong Nai Port JSC it is 104,206 VND per share (as of Nov 8, 2026), against a price of 81,600 VND. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Dong Nai Port JSC stock overvalued or undervalued in 2026?
As of Nov 8, 2026, PDN trades below its calculated fair value: price 81,600 VND, fair value 104,206 VND, a gap of about +28% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of PDN?
No. The price is what the market pays today (81,600 VND); the fair value is what the company's own numbers justify (104,206 VND). For Dong Nai Port JSC the two are 22,606 VND per share apart. That gap is exactly why we show both numbers side by side.
How much is Dong Nai Port JSC worth?
The market values Dong Nai Port JSC at about 4.5T VND (market capitalisation, as of Nov 8, 2026). Per share that is 81,600 VND; our models calculate a fair value of 104,206 VND per share.
What do the bullish and bearish scenarios say about PDN?
Our models span a range for Dong Nai Port JSC: cautious scenario 59,835 VND, base 104,206 VND, optimistic 163,180 VND per share (as of Nov 8, 2026, price 81,600 VND). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of PDN?
Dong Nai Port JSC trades at a price-to-earnings ratio of 13.7 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 104,206 VND is built from several models across several years. Other multiples: P/B 3.1, P/S 2.8, EV/EBITDA 7.5.
How solid is the balance sheet of Dong Nai Port JSC (PDN)?
Balance-sheet figures for Dong Nai Port JSC (as of Nov 8, 2026): return on equity 33.5%, debt of 0.02 per unit of equity. They feed the Quality Score of 67/100, which measures business quality independently of the share price.
How far is PDN from its 52-week high?
Dong Nai Port JSC trades at 81,600 VND, about 28% below its 52-week high of 112,993 VND and at the low of 81,600 VND (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 104,206 VND is for.
Which stocks are comparable to Dong Nai Port JSC?
From the same area (Industrials) we also value Adani Ports and Special Economic Zone Limited, COSCO SHIPPING Holdings, Hapag-Lloyd Aktiengesellschaft,, Shanghai International Port (Group) Co, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Dong Nai Port JSC stock attractive at the current price?
The data as of Nov 8, 2026: price 81,600 VND, calculated fair value 104,206 VND (+28%), Quality Score 67/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of PDN calculated?
We run Dong Nai Port JSC through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 104,206 VND builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Dong Nai Port JSC currently trades 22% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Dong Nai Port JSC (PDN)?
The closing price on Nov 6, 2026 was 81,600 VND. Our model-based fair value is 104,206 VND, about +28% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Dong Nai Port JSC right now?
The model range is unusually wide (59,835 VND to 163,180 VND). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid quality (67/100) at a price below fair value, the discount is the argument here, not the business quality.
Key figures of Dong Nai Port JSC
How large is the market capitalisation of Dong Nai Port JSC (PDN)?
The market capitalisation of Dong Nai Port JSC is 4.5T VND (≈ $177M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Dong Nai Port JSC (PDN)?
The price-to-sales ratio of Dong Nai Port JSC is 3.81 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Dong Nai Port JSC (PDN)?
Earnings per share at Dong Nai Port JSC are 5,936 VND (price ÷ EPS = P/E 13.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Dong Nai Port JSC (PDN)?
The dividend yield of Dong Nai Port JSC is 3.6% (payout 49.4%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Dong Nai Port JSC (PDN)?
The net margin of Dong Nai Port JSC is 27.7% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Dong Nai Port JSC (PDN)?
The return on equity (ROE) of Dong Nai Port JSC is 33.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Dong Nai Port JSC (PDN)?
On an EBIT basis the return on assets of Dong Nai Port JSC is 24.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Dong Nai Port JSC (PDN)?
The operating margin of Dong Nai Port JSC is 34.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Dong Nai Port JSC (PDN)?
Revenue at Dong Nai Port JSC is growing +12.0% versus a year earlier (3y avg +13.9%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Dong Nai Port JSC (PDN)?
Earnings per share at Dong Nai Port JSC are growing +11.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Dong Nai Port JSC (PDN) carry?
The net debt of Dong Nai Port JSC is 31.7B VND (fiscal year 2021, ≈ 0.1 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 8, 2026