Why is FECON Mining JSC ?
1
Positive results in Sep 25
- NET PROFIT(HY) Higher at VND 7,962.88 MM
- INVENTORY TURNOVER RATIO(HY) Highest at 3.91 times
2
With ROE of 3.63%, it has a attractive valuation with a 0.00 Price to Book Value
- Over the past year, while the stock has generated a return of -16.10%, its profits have risen by 1241.1%
3
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -16.10% 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
How much should you hold?
- Overall Portfolio exposure to FECON Mining JSC should be less than 10%
- Overall Portfolio exposure to Building Products should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Building Products)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is FECON Mining JSC for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
FECON Mining JSC
-15.21%
-0.55
30.60%
Vietnam VN Ho Chi Minh Index
38.87%
1.90
22.90%
Quality key factors
Factor
Value
Sales Growth (5y)
-5.29%
EBIT Growth (5y)
-13.52%
EBIT to Interest (avg)
8.72
Debt to EBITDA (avg)
0.63
Net Debt to Equity (avg)
-0.09
Sales to Capital Employed (avg)
0.85
Tax Ratio
33.37%
Dividend Payout Ratio
41.04%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
5.52%
ROE (avg)
3.03%
Valuation Key Factors 
Factor
Value
P/E Ratio
Industry P/E
Price to Book Value
NA
EV to EBIT
-2.02
EV to EBITDA
-1.36
EV to Capital Employed
-0.10
EV to Sales
-0.11
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
3.46%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
No Trend
No Trend
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
7What is working for the Company
NET PROFIT(9M)
Higher at VND 14,369.12 MM
DEBT-EQUITY RATIO
(HY)
Lowest at -12.25 %
NET SALES(Q)
Highest at VND 140,560.75 MM
-2What is not working for the Company
RAW MATERIAL COST(Y)
Grown by 35.93% (YoY
OPERATING PROFIT MARGIN(Q)
Lowest at 6.14 %
Here's what is working for FECON Mining JSC
Net Profit
At VND 14,369.12 MM has Grown at 4,168.99%
Year on Year (YoY)MOJO Watch
Net Profit trend is very positive
Net Profit (VND MM)
Net Sales
Highest at VND 140,560.75 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (VND MM)
Debt-Equity Ratio
Lowest at -12.25 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Net Profit
Higher at VND 14,369.12 MM
than preceding 12 month period ended Dec 2025MOJO Watch
In the nine month period the company has already crossed sales of the previous twelve months
Net Profit (VND MM)
Here's what is not working for FECON Mining JSC
Operating Profit Margin
Lowest at 6.14 %
in the last five periodsMOJO Watch
Company's profit margin has deteriorated
Operating Profit to Sales
Raw Material Cost
Grown by 35.93% (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






