Company Insight

Dat Xanh Group Corporation (HOSE: DXG) is a major listed real estate enterprise in the mid-range segment. Additionally, DXG also owns a real estate brokerage segment with the leading market share nationwide (33%). Based on the RNAV method, we recommend buying DXG with a target price of VND 19,400, with the following investment thesis: (1) DXG is one of the major investors in the mid-range segment, owning a land bank of over 100ha; (2) the relaunch of Privé (Datxanhhome Riverside) and Gem Sky World (GSW) is expected to create growth momentum for DXG's presales in the 2025-2026 period; and (3) expectation of a thriving brokerage segment along with the recovery of the real estate market.