CamEd Business School2026-08-262026-03-12https://cam-ed-oar.com/handle/cam-ed-oar/729Rising 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. ...en-USOther