Company Insight

Binh Dinh Pharmaceutical & Medical Equipment Joint Stock Company (HoSE: DBD) is a pioneering Vietnamese enterprise in the field of cancer drug production in Vietnam. Based on FCFF and PE methods, we initially valued DBD at VND 69,800. In the long term, we expect the company's business results will continue to improve due to (1) The oncology drug business dominates domestically, (2) Investing in large factory projects that meet EU-GMP standards to increase the bidding pool, and (3) Raising the foreign ownership limit to 100% and high free-float.