FPT Corp. (FPT) 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

Duc Long Gia Lai Group JSC

FPT Corp.

CMC Corp. (Vietnam)

Yeah1 Group Corp.

MBG Group JSC

Saigon Telecommunication & Technologies Corp.

Information & Networking Technology JSC

Ha Tinh Minerals & Trading Corp.

Tracimexco-Supply Chain & Agency Services JSC

Why is FPT Corp. ?

Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 29.89%

Healthy long term growth as Operating profit has grown by an annual rate 20.06%
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 7.46

The company has declared Positive results for the last 6 consecutive quarters

PRE-TAX PROFIT(Q) Highest at VND 3,498,404.6 MM
NET PROFIT(Q) Highest at VND 2,502,704.37 MM
CASH AND EQV(HY) Highest at VND 77,132,266.67 MM

With ROE of 30.95%, it has a expensive valuation with a 3.89 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 -39.32%, its profits have risen by 20.3% ; the PEG ratio of the company is 3.3

Majority shareholders : FIIs

Below par performance in long term as well as near term

Along with generating -39.32% returns in the last 1 year, the stock has also underperformed Vietnam VN Ho Chi Minh Index in the last 3 years, 1 year and 3 months

Real-Time Research Report

Verdict Report

How much should you hold?

Overall Portfolio exposure to FPT Corp. should be less than 10%
Overall Portfolio exposure to Computers - Software & Consulting should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Computers - Software & Consulting)

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

Is FPT Corp. for you?

Medium Risk, Low Return

Absolute

Risk Adjusted

Volatility

FPT Corp.

-29.68%

-0.93

35.17%

Vietnam VN Ho Chi Minh Index

38.87%

1.90

22.90%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

18.64%

EBIT Growth (5y)

19.00%

EBIT to Interest (avg)

7.46

Debt to EBITDA (avg)

Net Debt to Equity (avg)

-0.35

Sales to Capital Employed (avg)

1.29

Tax Ratio

11.05%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

0.03%

ROCE (avg)

53.84%

ROE (avg)

29.89%

Valuation

Valuation Scorecard

Valuation grade scale :

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

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

3.81

EV to EBIT

10.92

EV to EBITDA

9.17

EV to Capital Employed

6.89

EV to Sales

1.71

PEG Ratio

4.19

Dividend Yield

2.01%

ROCE (Latest)

63.11%

ROE (Latest)

30.77%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

RSI

No Signal

Bollinger Bands

Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Dow Theory

Mildly Bullish

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

3What is working for the Company

INVENTORY TURNOVER RATIO(HY)

Highest at 26.66 times

CASH AND EQV(HY)

Highest at VND 66,898,205.96 MM

-9What is not working for the Company

ROCE(HY)

Lowest at 27.26%

RAW MATERIAL COST(Y)

Grown by 13.68% (YoY

DEBT-EQUITY RATIO (HY)

Highest at -27.34 %

NET SALES(Q)

Lowest at VND 12,479,997.21 MM

OPERATING PROFIT(Q)

Lowest at VND 2,442,196.53 MM

PRE-TAX PROFIT(Q)

Lowest at VND 2,803,844.28 MM

Here's what is working for FPT Corp.

Inventory Turnover Ratio

Highest at 26.66 times and Grown

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

MOJO Watch

Company has been able to sell its inventory faster

Inventory Turnover Ratio

Cash and Eqv

Highest at VND 66,898,205.96 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Here's what is not working for FPT Corp.

Net Sales

At VND 12,479,997.21 MM has Fallen at -22.28%

Year on Year (YoY)

MOJO Watch

Near term sales trend is very negative

Net Sales (VND MM)

Net Sales

Lowest at VND 12,479,997.21 MM

in the last five periods

MOJO Watch

Near term sales trend is negative

Net Sales (VND MM)

Operating Profit

Lowest at VND 2,442,196.53 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is negative

Operating Profit (VND MM)

Pre-Tax Profit

Lowest at VND 2,803,844.28 MM

in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is negative

Pre-Tax Profit (VND MM)

Debt-Equity Ratio

Highest at -27.34 %

in the last five Semi-Annual periods

MOJO Watch

The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio

Raw Material Cost

Grown by 13.68% (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

Non Operating Income

Highest at VND 0.34 MM

in the last five periods

MOJO Watch

Increased income from non business activities may not be sustainable

Non Operating income