[FMC/BUY/ TP: VND 65,800] - Light of recovery
03/11/2023

Summary

Sao Ta Foods Joint Stock Company (HoSE: FMC) is one of the leading shrimp exporters in Vietnam while always maintaining its position in the top 5 largest shrimp exporters in Vietnam. FMC is now self-sufficient in 30% of raw materials in a farming area of 505ha. Based on the FCFF and EV/EBITDA methods, we update the target price of FMC at VND 65,800.

Company
FMC-Sao Ta Foods Joint Stock Company
Category
Update
Author
SSV
Details

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