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Tien Giang Investment and Construction JSC
VN:THG

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Tien Giang Investment and Construction JSC
VN:THG
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Price: 44 750 VND -0.22% Market Closed
Market Cap: ₫1.4T

P/B

1.8
Current
44%
More Expensive
vs 3-y average of 1.2

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.8
=
Market Cap
₫1.4T
/
Total Equity
₫781.4B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.8
=
Market Cap
₫1.4T
/
Total Equity
₫781.4B

Valuation Scenarios

Tien Giang Investment and Construction JSC is trading above its 3-year average

If P/B returns to its 3-Year Average (1.2), the stock would be worth ₫31 106.48 (30% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-43%
Maximum Upside
No Upside Scenarios
Average Downside
23%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.8 ₫44 750
0%
3-Year Average 1.2 ₫31 106.48
-30%
5-Year Average 1 ₫25 426.85
-43%
Industry Average 1.5 ₫38 879.84
-13%
Country Average 1.7 ₫42 359.43
-5%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
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Market Distribution

In line with most companies in Vietnam
Percentile
56th
Based on 190 companies
56th percentile
1.8
Low
0.2 — 1.3
Typical Range
1.3 — 2.2
High
2.2 —
Distribution Statistics
Vietnam
Min 0.2
30th Percentile 1.3
Median 1.7
70th Percentile 2.2
Max 16.4

Tien Giang Investment and Construction JSC
Glance View

Market Cap
1.4T VND
Industry
Construction

Tien Giang Investment & Construction JSC engages in the construction business. The company is headquartered in My Tho, Tien Giang and currently employs 658 full-time employees. The company went IPO on 2011-07-28. The firm is active in the construction of apartment buildings, villas and houses for sale. The company develops infrastructures of industrial zones, residential areas and traffic. The company also constructs industrial plants, irrigation systems, dykes, dams, roads and bridges. Moreover, it is involved in the manufacture and trade of concrete products, such as concrete stakes, concrete pipes, square-shaped sewers, square-shaped stakes and round-shaped stakes. Other activities include construction material trading and mechanical fixing. As of December 31, 2012, TICCO had three subsidiaries, one affiliate, two enterprises and a real estate trading floor.

THG Intrinsic Value
88 491.67 VND
Undervaluation 49%
Intrinsic Value
Price ₫44 750
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