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Consumer sector

TTD

Consumer
Công ty Cổ phần Bệnh viện Tim Tâm Đức
Y tế/Thiết bị và Dịch vụ Y tếCT
119.000
VND · Last close
Valuation Verdict
Overvalued
Low
-120%Fair Value+120%
Intrinsic Value
100.049
Current
119.000
Gap
-15.9%
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)
81.23%
+
Kd(1-t)
7.09%
x
D/(D+E)
18.77%
=
WACC
10.00%
2
Growth Estimate
fundamental firm blend2.40%
Growth decays 10%/yr toward terminal
3
Model Inputs
Base FCF87.80B
Projection years10
4
Valuation
Base FCF
87.80B
Growth Rate
2.40%
WACC
10.00%
Terminal Growth
4.00%
DCF Value
100.049
Value Decomposition
43%
57%
Explicit period (43%)Terminal value (57%)

Valuation Track Record

Retroactive intrinsic value vs actual close price — TTD

Earnings Quality

Fiscal year 2025

90
Good
Accrual Quality
85
Cash Conversion
98
Receivables
100
Margin Stability
100
Revenue Quality
60

Financial Forensics

Beneish M-Score · 2025

-3.05
Low Risk
DSRI
0.586
GMI
1.000
AQI
0.844
SGI
1.074
DEPI
1.019
SGAI
0.953
TATA
-0.038
LVGI
1.074

TTD exhibits a Beneish M-Score of -3.049, well below the manipulation threshold, indicating a low likelihood of earnings manipulation. The earnings quality score of 89.6/100, particularly strong cash conversion and receivables metrics, suggests robust financial health.

Positive Signals
  • Earnings Quality Score of 89.6/100 indicates strong overall earnings quality.
  • Cash conversion metric of 97.5/100 reflects effective management of cash flows.
Ownership Risk

The ownership structure is relatively diversified with no single shareholder holding a controlling stake, reducing the risk of potential conflicts of interest.

Recommendation

Continue to monitor TTD for any changes in earnings quality metrics, but current indicators suggest a stable investment opportunity.

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

Quantitative Scores

F-Score
6/9
Neutral
Z-Score
13.53
Safe Zone
Sharpe
0.84
Positive
Composite
69
Fair
Price Risk
Momentum
+21.9%
Volatility
101.9%
Max Drawdown
-22.3%

Key Ratios

Fiscal year 2025
19.33P/E
P/B5.15
P/S2.21
ROE28.0%
ROA22.9%
EPS6155.83
BVPS23126.75
Gross Margin22.0%
Net Margin11.5%
D/E0.23
Current Ratio3.35
Rev Growth7.4%
Profit Growth13.6%
EV/EBITDA14.95
Div Yield1.7%

Company Overview

Issued Shares
15.6M
Charter Capital
155.5B VND
Sector (ICB L2)
Y tế
Industry (ICB L3)
Thiết bị và Dịch vụ Y tế
Sub-industry
Chăm sóc y tế
Company Type
CT

// OWNERSHIP_NETWORK

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

Shareholders
Công Ty Cổ Phần Đầu Tư An Việt Hưng
Inst
10.7%
1.7 trieu
nguyen-thi-hanh
Indiv
10.0%
1.6 trieu
Nguyễn Thị Thu Hồng
Indiv
7.9%
1.2 trieu
Phạm Anh Dũng
Indiv
3.8%
588.000
Phan Kim Phượng
Indiv
3.7%
572.000
Phạm Bích Xuân
Indiv
2.3%
364.400
Phạm Nguyễn Vinh
Indiv
1.9%
298.000
Đỗ Kim Thúy
Indiv
1.7%
264.000
Nguyễn Ngọc Chiếu
Indiv
0.8%
120.000
Nguyễn Ngọc Như Anh
Indiv
0.8%
120.000
Dương Tôn Thái Dương
Indiv
0.7%
114.400
Nguyễn Ngọc An Khôi
Indiv
0.7%
108.000
Thân Thị Thu Vân
Indiv
0.6%
100.000
Tôn Thất Minh
Indiv
0.5%
79.000
Bùi Thúy Kiều
Indiv
0.4%
66.000
Dương Tôn Xuân Trang
Indiv
0.4%
65.132
Nguyễn Thị Bích Đào
Indiv
0.4%
58.000
Phạm Bích Hà
Indiv
0.4%
54.800
Phan Thị Thanh Ngà
Indiv
0.3%
49.000
Thái Minh Thiện
Indiv
0.3%
44.000
Chu Trọng Hiệp
Indiv
0.2%
36.000
Nguyễn Đức Trung
Indiv
0.2%
34.400
Đinh Đức Huy
Indiv
0.2%
25.000
Phạm Thị Lê
Indiv
0.2%
24.000
Hà Đình Chiến
Indiv
0.1%
18.000
Board & Management
Phạm Anh Dũng3.8%
Thành viên Hội đồng Quản trị
Phạm Bích Xuân2.3%
Thành viên Hội đồng Quản trị
Nguyễn Ngọc Chiếu0.8%
Chủ tịch Hội đồng Quản trị
Thân Thị Thu Vân0.6%
Thành viên Hội đồng Quản trị độc lập
Tôn Thất Minh0.5%
Giám đốc
Bùi Thúy Kiều0.4%
Thành viên Ban kiểm soát
Phan Thị Thanh Nga0.3%
Giám đốc Tài chính/Kế toán trưởng
Chu Trọng Hiệp0.2%
Thành viên Hội đồng Quản trị
Nguyễn Nhị Phương
Thành viên Ban kiểm soát
Vương Thị Quỳnh Anh
Trưởng Ban kiểm soát
Đỗ Văn Bửu Đan
Tổng Giám đốc
Computed 12/04/2026
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