T

TNG Investment and Trading JSC
VN:TNG

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TNG Investment and Trading JSC
VN:TNG
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Price: 17 800 VND -2.2% Market Closed
Market Cap: 2.2T VND

Relative Value

The Relative Value of one TNG stock under the Base Case scenario is 29 647.59 VND. Compared to the current market price of 17 800 VND, TNG Investment and Trading JSC is Undervalued by 40%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

TNG Relative Value
Base Case
29 647.59 VND
Undervaluation 40%
Relative Value
Price
T
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
66
vs Industry
73
Median 3Y
0.3
Median 5Y
0.3
Industry
1
Forward
0.3
vs History
77
vs Industry
51
Median 3Y
7.6
Median 5Y
7.8
Industry
18
Forward
10
vs History
39
vs Industry
61
Median 3Y
4
Median 5Y
4
Industry
10.2
vs History
28
vs Industry
43
Median 3Y
6.2
Median 5Y
-5
Industry
18.1
vs History
60
vs Industry
39
Median 3Y
1.2
Median 5Y
1.2
Industry
1.3
vs History
82
vs Industry
74
Median 3Y
0.5
Median 5Y
0.5
Industry
1.2
Forward
0.3
vs History
82
vs Industry
52
Median 3Y
3.1
Median 5Y
3.6
Industry
3.9
vs History
95
vs Industry
57
Median 3Y
5
Median 5Y
5.4
Industry
9.8
Forward
2 887.4
vs History
85
vs Industry
55
Median 3Y
5.9
Median 5Y
6.8
Industry
13.3
Forward
4 296.5
vs History
57
vs Industry
61
Median 3Y
6.3
Median 5Y
6.3
Industry
11.4
vs History
vs Industry
53
Median 3Y
-8.9
Median 5Y
-5.6
Industry
15.1
vs History
82
vs Industry
58
Median 3Y
0.8
Median 5Y
0.8
Industry
1

Multiples Across Competitors

TNG Competitors Multiples
TNG Investment and Trading JSC Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
VN
TNG Investment and Trading JSC
VN:TNG
2.2T VND 0.3 6.2 2.5 3.8
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
318.8B EUR 3.8 29 13.1 19
FR
Hermes International SCA
PAR:RMS
221.5B EUR 14.1 49.4 28.8 32.9
KR
SBW
KRX:102280
235.5T KRW 2 563.1 -117 637.1 -79 390.5 -58 109.2
FR
EssilorLuxottica SA
PAR:EL
121.3B EUR 4.5 51 19.3 36.5
CH
Compagnie Financiere Richemont SA
SIX:CFR
100.9B CHF 5 26.5 22.7 22.7
FR
Christian Dior SE
PAR:CDI
107.9B EUR 1.3 23.7 5 7.2
FR
Kering SA
PAR:KER
37.4B EUR 2.4 51.3 12.8 28.5
IN
Titan Company Ltd
NSE:TITAN
3.6T INR 5.3 87.9 53.7 60.1
DE
Adidas AG
XETRA:ADS
30.3B EUR 1.2 24.8 10.5 16.8
CN
ANTA Sports Products Ltd
HKEX:2020
225.6B HKD 2.7 13.6 11 11
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
VN
T
TNG Investment and Trading JSC
VN:TNG
Average EV/EBITDA: 17.9
2.5
-90%
N/A
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
13.1
0%
N/A
FR
Hermes International SCA
PAR:RMS
28.8
7%
4.1
KR
SBW
KRX:102280
Negative Multiple: -79 390.5 N/A N/A
FR
EssilorLuxottica SA
PAR:EL
19.3
10%
1.9
CH
Compagnie Financiere Richemont SA
SIX:CFR
22.7
8%
2.8
FR
Christian Dior SE
PAR:CDI
5
N/A N/A
FR
Kering SA
PAR:KER
12.8
-1%
N/A
IN
Titan Company Ltd
NSE:TITAN
53.7
25%
2.1
DE
Adidas AG
XETRA:ADS
10.5
21%
0.5
CN
ANTA Sports Products Ltd
HKEX:2020
11
8%
1.4
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
VN
T
TNG Investment and Trading JSC
VN:TNG
Average EV/EBIT: 23.8
3.8
N/A N/A
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
19
4%
4.7
FR
Hermes International SCA
PAR:RMS
32.9
7%
4.7
KR
SBW
KRX:102280
Negative Multiple: -58 109.2 N/A N/A
FR
EssilorLuxottica SA
PAR:EL
36.5
18%
2
CH
Compagnie Financiere Richemont SA
SIX:CFR
22.7
10%
2.3
FR
Christian Dior SE
PAR:CDI
7.2
N/A N/A
FR
Kering SA
PAR:KER
28.5
1%
28.5
IN
Titan Company Ltd
NSE:TITAN
60.1
26%
2.3
DE
Adidas AG
XETRA:ADS
16.8
35%
0.5
CN
ANTA Sports Products Ltd
HKEX:2020
11
11%
1