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Consumer sector

DBD

Consumer
Công ty Cổ phần Dược - Trang thiết bị y tế Bình Định (BIDIPHAR)
Y tế/Dược phẩmCT
51.500
VND · Last close
Valuation Verdict
Overvalued
Medium
-120%Fair Value+120%
Intrinsic Value
37.431
Current
51.500
Gap
-27.3%
ModelFCF DCF

Valuation Breakdown

CTY tếConsumer
Classified as consumer because ICB sector "Y tế" maps to the consumer group
ModelFCF-Based DCF
Value = Sum of [FCF / (1+WACC)^t] + Terminal Value / (1+WACC)^n

A classic Discounted Cash Flow model built on Free Cash Flow (FCF), the actual cash a business generates after all operating expenses and capital expenditures. Future FCF is projected for 10 years with gradually decaying growth, then discounted back to today's value using WACC. This is the gold standard of intrinsic valuation: it values the company based on what it can actually deliver to shareholders, independent of market sentiment.

1
Weighted Avg Cost of Capital
Risk-Free (Rf)
4.50%
+
Betasector default
0.800
x
ERP
4.25%
+
CRP
2.75%
=
Cost of Equity (Ke)
10.10%
Ke
10.10%
x
E/(D+E)
72.04%
+
Kd(1-t)
6.75%
x
D/(D+E)
27.96%
=
WACC
10.00%
2
Growth Estimate
fundamental firm blend5.70%
Growth decays 10%/yr toward terminal
3
Model Inputs
Base FCF196.00B
Projection years10
4
Valuation
Base FCF
196.00B
Growth Rate
5.70%
WACC
10.00%
Terminal Growth
4.00%
DCF Value
37.431
Value Decomposition
43%
57%
Explicit period (43%)Terminal value (57%)

Valuation Track Record

Retroactive intrinsic value vs actual close price — DBD

Earnings Quality

Fiscal year 2025

88
Good
Accrual Quality
52
Cash Conversion
100
Receivables
100
Margin Stability
100
Revenue Quality
100

Financial Forensics

Beneish M-Score · 2025

-3.03
Low Risk
DSRI
0.858
GMI
1.019
AQI
1.456
SGI
1.080
DEPI
0.991
SGAI
0.979
TATA
-0.130
LVGI
1.254

DBD presents a low risk of financial manipulation as indicated by a Beneish M-Score of -3.0328, significantly below the manipulation threshold. The company's strong earnings quality score of 88.0/100, particularly in cash conversion and revenue metrics, further supports its financial integrity.

Positive Signals
  • Earnings Quality Score of 88.0/100 indicates strong overall earnings quality, particularly in cash conversion (100.0/100) and revenue recognition (100.0/100).
  • Beneish M-Score of -3.0328, well below the manipulation threshold of -1.78, suggests low likelihood of earnings manipulation.
Ownership Risk

The ownership structure is relatively diversified, with no single shareholder holding a majority stake, which reduces the risk of concentrated control and potential conflicts of interest.

Recommendation

Continue to monitor DBD for any changes in financial metrics or ownership structure, but current indicators suggest a stable investment opportunity.

Generated by AI based on quantitative data. Not financial advice.

Quantitative Scores

F-Score
3/9
Weak
Z-Score
5.07
Safe Zone
Sharpe
-0.60
Negative
Composite
51
Fair
Price Risk
Momentum
-11.4%
Volatility
15.7%
Max Drawdown
-25.8%

Key Ratios

Fiscal year 2025
17.62P/E
P/B2.98
P/S2.75
ROE17.2%
ROA12.0%
EPS3075.74
BVPS18184.45
Gross Margin47.3%
Net Margin15.6%
D/E0.50
Current Ratio2.51
Rev Growth7.1%
Profit Growth5.7%
EV/EBITDA13.56
Div Yield0.0%

Company Overview

Issued Shares
94.5M
Charter Capital
945.3B VND
Sector (ICB L2)
Y tế
Industry (ICB L3)
Dược phẩm
Sub-industry
Dược phẩm
Company Type
CT

// OWNERSHIP_NETWORK

> mapping common ownership for DBD — hover nodes for intel, click to navigate

Shareholders
Quỹ Đầu tư Phát triển Tỉnh Gia Lai
Inst
13.2%
12.5 trieu
KWE Beteiligungen AG
Inst
10.6%
10.1 trieu
Nguyễn Thị Thủy
Indiv
3.1%
2.9 trieu
Phạm Minh Đức
Indiv
2.2%
1.6 trieu
Nguyễn Thị Ngọc Trâm
Indiv
1.4%
1.1 trieu
trương công minh
Indiv
1.1%
1.0 trieu
Nguyễn Thị Minh Thư
Indiv
1.0%
926.250
Công Đoàn Cơ Sở Công ty Cổ Phần Dược - Trang Thiết Bị Y Tế Bình Định
Inst
0.9%
877.087
Phạm Thị Thanh Hương
Indiv
0.9%
844.292
Nguyễn Văn Quá
Indiv
0.9%
673.665
Phạm Thị Kim Ánh
Indiv
0.9%
648.462
HUỲNH NGỌC OANH
Indiv
0.8%
786.333
nguyen-thanh-nhan
Indiv
0.7%
556.892
Lê Thị Kim Mai
Indiv
0.7%
674.960
Phạm Thị Ngọc Nở
Indiv
0.6%
478.873
nguyen-thi-mai-hoa
Indiv
0.6%
416.237
Trịnh Thị Xuân
Indiv
0.4%
409.823
Nguyễn Anh Kiệt
Indiv
0.4%
294.304
nguyen-thanh-giang
Indiv
0.3%
237.250
Nguyễn Ngọc Dũng
Indiv
0.3%
283.376
Quỹ Đầu Tư Năng Động Lighthouse
Indiv
0.2%
170.000
Nguyễn Thị Thùy Linh
Indiv
0.2%
205.000
Nguyễn Văn Thịnh
Indiv
0.2%
106.546
nguyen-thi-hang-nga
Indiv
0.2%
95.460
Phạm Thị Thúy Oanh
Indiv
0.1%
66.270
Board & Management
Phạm Thị Thanh Hương0.9%
Tổng Giám đốc
Nguyễn Văn Quá0.9%
Chủ tịch Hội đồng Quản trị
HUỲNH NGỌC OANH0.8%
Phó Tổng Giám đốc
Nguyễn Thị Mai Hoa0.6%
Kế toán trưởng
Nguyễn Thanh Giang0.3%
Phó Tổng Giám đốc/Thành viên Hội đồng Quản trị
Nguyễn Ngọc Dũng0.3%
Phó Tổng Giám đốc
Huỳnh Thế Duy
Người phụ trách quản trị công ty/Thành viên Ban Kiểm toán nội bộ
Nguyễn Quang Việt
Trưởng Ban Kiểm toán nội bộ
Tạ Nam Bình
Phó Chủ tịch Hội đồng Quản trị
Lê Hoàng Hiển
Phó Giám đốc Kiểm toán nội bộ
Đậu Minh Lâm
Thành viên Hội đồng Quản trị
Hoàng Văn Thắng
Thành viên Hội đồng Quản trị độc lập
Nguyễn Tiến Hải
Thành viên Hội đồng Quản trị
Computed 12/04/2026
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