SAB – Non-rated Note – 20190104
- Sabeco is the largest beer brewer in Vietnam, commanding 45.7% market share by volume in 2017, according to Euromonitor market data and SAB’s volume data. The company owns three of the top ten selling beer brands in the country including Saigon Export, 333’ Export and Saigon Lager.
Market Price
|
Target Price
|
Dividend Yield
|
Rating
|
Sector
|
VND267,500
|
N/a
|
1.3%
|
NOT RATED
|
CONSUMER GOODS
|
Please follow this link for the full report
You Might Be Interested
Company Note
55
MWG plans for FY24 revenue and net profit of VND125tn/VND2.4tn, respectively, increases of 6% yoy and 14 times compared to FY23. According to management, BHX will begin to record profit in 1Q24 and targets to reach net profit of VND1tn-VND2tn…
Company Note
41
We maintain our Hold rating with 11.9% upside and a 0.0% dividend yield. We increase our TP by 11.0% while the stock price has increased 5.6% since our last report. The main drivers of our recommendation are the decline in…
Company Note
42
We maintain our ADD rating with 50.2% upside. We decrease our TP by 22.3% while the share price has increased 8.5% since our last report. The main driver of our TP change is that we apply a 40% discount rate…