Valuation method

Precedent Transactions + LBO

Transaction and sponsor-return valuation for situations where control premiums, entry multiples, and exit returns matter.

2 reports Control Value / Sponsor Returns

BMP

Binh Minh Plastics

2026-06-11

Building Materials

Transaction-led valuation set pairing acquisition multiples with sponsor-return analysis.

Precedent Transactions

Approx. VND 152.8k/share

Median selected precedent premium of 13.0%, with one-day and one-week premium checks below the headline control premium.

Precedent transactions land above the LBO because strategic/control buyers can justify a higher premium than a financial sponsor.

LBO

VND 142.0k/share

Sponsor-return LBO; 5.0% control premium, entry EV/EBITDA around 7.4x, exit EV/EBITDA 7.5x, and 20.1% IRR in the template return case.

Sponsor case supports a modest premium but remains below precedent value because return hurdles constrain entry price.

View Company Report Download Precedent Transactions Download LBO

PNJ

Phu Nhuan Jewelry

2026-06-11

Consumer Retail

Retail valuation set with sponsor-return analysis and a combined public/transaction multiple pack.

LBO

VND 66.0k/share

Sponsor-return LBO; 3.1% control premium, entry EV/EBITDA around 10.2x, exit EV/EBITDA 7.5x, and 20.1% IRR in the template return case.

Sponsor case is the lowest valuation anchor because leverage capacity, exit multiple discipline, and required returns cap what a financial buyer can pay.

Comparable / Precedent

Comparable VND 72.8k-74.3k; precedent approx. VND 69.8k

Selected retail peer P/E medians of 13.2x LTM, 9.8x 2026E, and 10.2x 2027E after trimming high-growth outliers; precedent premium of 9.0%.

Comparable analysis is the highest case because public retail investors can pay for brand quality and growth; precedent sits between the public-growth case and LBO floor.

View Company Report Download LBO Download Comparable / Precedent

Academic research / not investment advice

This website is for academic and portfolio demonstration purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell securities. Valuation outputs may be incomplete, stale, or based on simplified assumptions.