DRG

Cyclicals

Công ty Cổ phần Cao su Đắk Lắk

Hóa chấtCT

8.500

VND · Last close

Valuation Verdict

Undervalued

Very Low

−120%Fair Value+120%

Intrinsic Value

653.8k

Current

8.5k

Gap

+500.0%

ModelEV EBITDA MIDCYCLE

Valuation Breakdown

CT→Hóa chất→Cyclical

Classified as cyclical because ICB sector "Hóa chất" maps to the cyclical group

ModelEV/EBITDA Mid-Cycle

Equity Value = Mid-Cycle EBITDA x Fair EV/EBITDA - Net Debt

Cyclical companies (chemicals, oil & gas, basic resources) have earnings that swing dramatically with commodity prices and economic cycles. Valuing them on a single year's earnings is misleading: they look cheap at peaks and expensive at troughs. This model uses 7-year median EBITDA ("mid-cycle" earnings) and a 7-year median EV/EBITDA multiple to estimate what the firm is worth at a normal point in the cycle.

Model Inputs

Mid-Cycle EBITDA→186.07B

Fair EV/EBITDA→7.5x

Years of data→7

Valuation

Mid-Cycle EBITDA

186.07B

Fair EV/EBITDA

7.5x

Net Debt

316.47B

Equity Value

653.8k

Years of data→7

Key Ratios

Fiscal year 2025

P/E

6.76

P/B

0.74

P/S

1.55

ROE

11.4%

ROA

7.5%

EPS

1257.53

BVPS

11484.90

Gross Margin

16.0%

Net Margin

23.0%

D/E

0.42

Current Ratio

1.49

Rev Growth

-28.1%

Profit Growth

148.2%

EV/EBITDA

11.18

Div Yield

0.0%

Company Overview

Issued Shares

1.7M

Charter Capital

1558.0B VND

Sector (ICB L2)

Hóa chất

Industry (ICB L3)

Hóa chất

Sub-industry

Nhựa, cao su & sợi

Company Type

Computed 06/03/2026