| Title | MCH Update Report - OUTPERFORM - A strong brand name and a robust distribution system are key |
|---|---|
| Category: | Company Report |
| Source: | Bao Viet Securities |
| Industry: | Consumer Goods |
| Business: | Masan Consumer Corporation |
| Detail: |
20/05/2026
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| Summary: |
BVSC upgraded its recommendation on MCH to OUTPERFORM, with a target price of VND 150,500/share, implying an upside potential of +15.8%. According to BVSC’s estimates, MCH’s current market capitalization is equivalent to the 11th largest constituent in the VN30 basket. If trading value and matched volume remain at current levels through June 2026, MCH is highly likely to be included in the VN30 Index during the July 2026 review. Currently, MCH is trading at a trailing twelve-month P/E of 24.5x and a 2026F P/E of 21.7x, compared with its 2-year average P/E of 21.7x and the regional peer median of 19.6x. ………………………………………… Please find the attached file below. |