| Title | PVD Update Report - OUTPERFORM - PVD VIII rig successfully received, ready for drilling starting from September. The 2024 results are in line with expectations |
|---|---|
| Category: | Company Report |
| Source: | Bao Viet Securities |
| Industry: | Oil & Gas |
| Business: | PetroVietNam Driling & Well Services Corporation |
| Detail: |
20/03/2025
0
pdf
English
0 kb
0
|
| Summary: |
BVSC forecasts NPAT growth for PVD of 11% in 2025 and 12% in 2026. Using the FCFF valuation method for the 2025–2030 period, BVSC determines a fair value for PVD at VND 28,914/share, equivalent to a forward P/B ratio of 0.96x at the target price. Recommendation: OUTPERFORM. …………………………………………… Please find the attached file below. |