Tóm tắt:
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TCM is currently the only listed textile company which controls its own value chain from cotton to garment production. This will help the company to increase their value added products and meet strict importing standards. TCM’s garment capacity will increase strongly (2.1 times) within the next five years when new plants come into operation.
VPBS uses the relative P/E, DCF valuation model to derive TCM’s value of VND31,501/share, which is 20% higher than the current trading price.
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