CFA Institute Research Challenge Season 8 (2025-26): Presentation
Date
2026-02-11
Journal Title
Journal ISSN
Volume Title
Publisher
CamEd Business School
Abstract
Description
Rising industrial demand in Cambodia supports PPSP's SEZ development in Kandal, Poipet, and potentially Kampong Thom, creating a key growth catalyst for the company's earnings trajectory. We initiate a "BUY" on Royal Group Phnom Penh Special Economic Zone (PPSP) with a 12-month target price of KHR 2,607, implying a 25% upside from the current price of KHR 2,080 (as of January 30, 2026). Our DCF—FCFE valuation reflects improving earnings quality and a more resilient business model. ...