Company Insight

Binh Duong Water - Environment JSC (HoSE: BWE) is the industry leader in the water supply sector on the stock exchange with sustainable growth potential and strong financial health. Based on FCFF and PE methods, we update BWE's target price at VND52,600 based on our expectation that the revenue and net profit of BWE will continue to grow solidly because of (1) The effective business model, complete value chain; (2) Potential expansion strategy; (3) Aggressive in M&A activities.