Dien Quang Lamp JSC (DQC) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Rangdong Light Source & Vacuum Flask JSC

Dien Quang Lamp JSC

Vietnam Electric Cable Corp.

MBG Group JSC

Son Ha Development of Renewable Energy JSC

Dry Cell & Storage Battery JSC

Taya Vietnam Electric Wire & Cable JSC

Hai Phong Electrical Mechanical JSC

SAM Holdings Corp.

VKC Holdings Joint Stock Co.

Why is Dien Quang Lamp JSC ?

ROCE(HY) Highest at 1.06%
DEBT-EQUITY RATIO (HY) Lowest at -3.2 %
PRE-TAX PROFIT(Q) At VND 3,312.31 MM has Grown at 115.7%

With ROE of -12.12%, it has a risky valuation with a 0.40 Price to Book Value

The stock is trading at a premium compared to its peers' average historical valuations
Over the past year, while the stock has generated a return of -9.33%, its profits have fallen by -203%

Consistent Underperformance against the benchmark over the last 3 years

Along with generating -9.33% returns in the last 1 year, the stock has also underperformed Vietnam VN Ho Chi Minh Index in each of the last 3 annual periods

Real-Time Research Report

Verdict Report

How much should you hold?

Overall Portfolio exposure to Dien Quang Lamp JSC should be less than 10%
Overall Portfolio exposure to Electronics & Appliances should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics & Appliances)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Dien Quang Lamp JSC for you?

Medium Risk, Low Return

Absolute

Risk Adjusted

Volatility

Dien Quang Lamp JSC

-9.33%

-0.95

35.26%

Vietnam VN Ho Chi Minh Index

43.59%

1.93

22.62%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

-1.08%

EBIT Growth (5y)

-269.72%

EBIT to Interest (avg)

-2.68

Debt to EBITDA (avg)

6.44

Net Debt to Equity (avg)

0.09

Sales to Capital Employed (avg)

0.79

Tax Ratio

1.29%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

0.52%

ROE (avg)

1.22%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

Price to Book Value

0.40

EV to EBIT

-3.55

EV to EBITDA

-4.79

EV to Capital Employed

0.43

EV to Sales

0.44

PEG Ratio

Dividend Yield

ROCE (Latest)

-12.03%

ROE (Latest)

-12.12%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

RSI

No Signal

Bollinger Bands

Mildly Bearish

Bearish

Moving Averages

Mildly Bearish (Daily)

KST

Mildly Bullish

Dow Theory

No Trend

Mildly Bearish

OBV

Mildly Bullish

Mildly Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

26What is working for the Company

ROCE(HY)

Highest at 1.06%

DEBT-EQUITY RATIO (HY)

Lowest at -3.2 %

PRE-TAX PROFIT(Q)

At VND 3,312.31 MM has Grown at 115.7%

NET PROFIT(Q)

At VND 1,271.44 MM has Grown at 105.68%

INVENTORY TURNOVER RATIO(HY)

Highest at 2.4 times

DEBTORS TURNOVER RATIO(HY)

Highest at 3.75 times

NET SALES(Q)

Highest at VND 321,711.45 MM

OPERATING PROFIT(Q)

Highest at VND 10,858.07 MM

-12What is not working for the Company

RAW MATERIAL COST(Y)

Grown by 8.43% (YoY

INTEREST(Q)

Highest at VND 11,903.47 MM

Here's what is working for Dien Quang Lamp JSC

Net Sales

At VND 321,711.45 MM has Grown at 55.97%

over average net sales of the previous four periods of VND 206,267.33 MM

MOJO Watch

Near term sales trend is extremely positive

Net Sales (VND MM)

Pre-Tax Profit

At VND 3,312.31 MM has Grown at 115.7%

over average net sales of the previous four periods of VND -21,091.36 MM

MOJO Watch

Near term Pre-Tax Profit trend is very positive

Pre-Tax Profit (VND MM)

Net Profit

At VND 1,271.44 MM has Grown at 105.68%

over average net sales of the previous four periods of VND -22,371.69 MM

MOJO Watch

Near term Net Profit trend is very positive

Net Profit (VND MM)

Debt-Equity Ratio

Lowest at -3.2 % and Grown

In each half year in the last five Semi-Annual periods

MOJO Watch

The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Net Sales

Highest at VND 321,711.45 MM

in the last five periods

MOJO Watch

Near term sales trend is positive

Net Sales (VND MM)

Operating Profit

Highest at VND 10,858.07 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is positive

Operating Profit (VND MM)

Inventory Turnover Ratio

Highest at 2.4 times

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its inventory faster

Inventory Turnover Ratio

Debtors Turnover Ratio

Highest at 3.75 times

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Here's what is not working for Dien Quang Lamp JSC

Interest

At VND 11,903.47 MM has Grown at 486.27%

period on period (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (VND MM)

Interest

Highest at VND 11,903.47 MM

in the last five periods and Increased by 486.27% (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (VND MM)

Raw Material Cost

Grown by 8.43% (YoY)

MOJO Watch

The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin

Raw Material Cost as a percentage of Sales