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Traphaco Joint Stock Company (TRA) Fair Value & Analysis

Healthcare · VN · Market cap 3.3T VND

TJ Traphaco Joint Stock Company TRA · VN
Price78,000 VND
Fair Value123,383 VND
Upside+58.2%
Quality87/100
Evidence: Medium Range 73,102 VND – 165,631 VND

Fair value as of: Jun 24, 2026

From 26 valuation models · updated 5 days ago

Fair value updated Jun 24, 2026 — revised from 112,170 VND to 123,383 VND (+10.0%) since Jun 23, 2026. Share price +1.3% over the past month.

Price vs Fair Value (12 months)

78,385 VND 62,593 VND Fair Value 123,383 VND Jun 2025 Jun 2026

12‑month range 62,593 VND – 78,385 VND · fair‑value band 73,102 VND – 165,631 VND · the 78,000 VND price screens below the 123,383 VND fair value. As of Jun 24, 2026.

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Analysis

Traphaco Joint Stock Company (TRA) currently trades at 78,000 VND, while our model-based Fair Value estimate is 123,383 VND — implying the stock looks roughly 58.2% undervalued today. We read business quality at 87/100 (high quality), in the Healthcare 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, Traphaco Joint Stock Company generated revenue of 2.7T VND at a net margin of 9.9%. Revenue grew 14.0% year over year. It earns a return on equity of 19.5%. The stock trades on a trailing P/E of 14.2. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 2.7T VND
Revenue growth (YoY) +14.0%
Net margin 9.9%
Return on equity 19.5%
Free cash flow 173B VND FY2025
P/E ratio 14.2
More key figures
Operating margin 14.7%
EPS (TTM) 5,627 VND
EPS growth (YoY) +44.3%

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Traphaco Joint Stock Company, together with its subsidiaries, produces and trades in pharmaceutical products, chemicals, and medical supplies and equipment in Vietnam. The company offers medical supplies; antipyretics; medicines for the hair, eyes, central neutral system, respiratory system, and liver; and other products. It is also involved in the production of medicines to treat human diseases, nutritional food products, and medicines derived from medicinal herbs; trading in medicines, pharmaceuticals, vaccines-biological products, chemicals, and nutritional food products; planting of medicinal materials; and processing of medicinal herbs. Further, it plants and processes pharmaceutical materials, and agriculture and forestry products, as well as food supplements, cosmetics, and chemicals. The company was formerly known as Pharmaceutical and Medical Material and Equipments Joint Stock Company and changed its name to Traphaco Joint Stock Company in July 2001. Traphaco Joint Stock C…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Traphaco Joint Stock Company reported revenue of 2.7T VND in FY2025 versus 2.2T VND in FY2021, a compound +5.3%/yr. Reported net income was 250B VND in FY2025, compounding +0.8%/yr from FY2021.

Revenue +5.3%/yr
FY21 2.2T VND
FY22 2.4T VND
FY23 2.3T VND
FY24 2.3T VND
FY25 2.7T VND
Net income +0.8%/yr
FY21 242B VND
FY22 269B VND
FY23 263B VND
FY24 239B VND
FY25 250B VND

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Similar stocks

6 more Drug Manufacturers - Specialty & Generic stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
Jiangsu Hengrui Pharmaceuticals Co 600276 ¥49.36 ¥30.99 -37%
Sun Pharmaceutical Industries Limited SUNPHARMA ₹1,786 ₹991.46 -44%
Zoetis Inc Z1TS34 R$24.45 R$6.33 -74%
Hansoh Pharmaceutical Group 3692 HK$29.60 HK$15.73 -47%
Divi's Laboratories Limited DIVISLAB ₹6,747 ₹2,035 -70%
Swedish Orphan Biovitrum AB SOBI kr 446.60 kr 234.19 -48%

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Frequently asked questions

Is Traphaco Joint Stock Company (TRA) undervalued?
As of Jun 24, 2026, our model estimates a fair value of 123,383 VND versus a price of 78,000 VND — about +58% (undervalued). Model-based estimate, not financial advice.
What is the fair value of TRA?
Our 21-model fair value for Traphaco Joint Stock Company is 123,383 VND (as of Jun 24, 2026), built from audited fundamentals. The current price is 78,000 VND.
What is the quality score of TRA?
Traphaco Joint Stock Company has a Quality Score of 87/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Traphaco Joint Stock Company (TRA)?
Traphaco Joint Stock Company reported trailing-twelve-month revenue of about 2.7T VND (latest available figure, as of Jun 24, 2026).
What is the net profit margin of TRA?
The net profit margin of Traphaco Joint Stock Company is about 9.9%, meaning it keeps roughly 9.9% 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.