The PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo – Stock code: DPM) has been honored in the 5 leading Vietnam company brands in consumer and industrial goods, according to Forbes Vietnam Magazine.
Forbes Vietnam has been annually compiling the list of leading brands in Vietnam since 2016. This year’s list focuses on companies in the personal and industrial consumer goods sector, which are the backbone of the economy. Within this Top 25 list, PVFCCo is estimated to have a brand value of approximately $104 million, ranking among the top three highest-valued brands.
To calculate brand value, Forbes Vietnam collects financial data from companies in this sector. For publicly traded companies, Forbes uses audited financial reports from the most recent three years and applies the Forbes USA methodology, which eliminates profits generated from tangible assets to determine the company’s earnings from intangible assets. The company’s brand value is determined from this figure after allocating the brand’s contribution factor within each industry and the average P/E ratio of that industry at the time of calculation.
PVFCCo is a leading enterprise in the fertilizer and petrochemical sector and has been consistently recognized by reputable organizations as one of the most efficient and valuable brands in Vietnam. Recently, PVFCCo was also ranked in Forbes Vietnam’s list of the Top 50 best publicly-listed companies in Vietnam for 2023.
PVFCCo – Top 3 most valuable brands in consumer and industrial goods sector.
