Why is HAGL JSC ?
1
Poor Management Efficiency with a low ROCE of 7.92%
- The company has been able to generate a Return on Capital Employed (avg) of 7.92% signifying low profitability per unit of total capital (equity and debt)
2
Healthy long term growth as Operating profit has grown by an annual rate 30.55%
3
With a growth in Net Profit of 109.73%, the company declared Very Positive results in Dec 25
- The company has declared positive results in Jan 70 after 2 consecutive negative quarters
- OPERATING CASH FLOW(Y) Highest at VND 1,184,163.87 MM
- NET SALES(HY) At VND 3,733,597.53 MM has Grown at 27.36%
- CASH AND EQV(HY) Highest at VND 4,627,511.27 MM
4
With ROE of 10.38%, it has a fair valuation with a 1.76 Price to Book Value
- Over the past year, while the stock has generated a return of 26.80%, its profits have fallen by -39%
5
Underperformed the market in the last 1 year
- The stock has generated a return of 26.80% in the last 1 year, much lower than market (Vietnam VN Ho Chi Minh Index) returns of 43.59%
How much should you buy?
- Overall Portfolio exposure to HAGL JSC should be less than 10%
- Overall Portfolio exposure to Realty should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Realty)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is HAGL JSC for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
HAGL JSC
10.07%
0.32
41.37%
Vietnam VN Ho Chi Minh Index
38.87%
1.90
22.90%
Quality key factors
Factor
Value
Sales Growth (5y)
18.60%
EBIT Growth (5y)
24.95%
EBIT to Interest (avg)
0.63
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
7.92%
ROE (avg)
13.17%
Valuation Key Factors 
Factor
Value
P/E Ratio
9
Industry P/E
Price to Book Value
1.49
EV to EBIT
11.75
EV to EBITDA
8.89
EV to Capital Employed
1.34
EV to Sales
3.41
PEG Ratio
0.12
Dividend Yield
NA
ROCE (Latest)
11.45%
ROE (Latest)
16.09%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bullish
Dow Theory
No Trend
Mildly Bullish
OBV
Mildly Bearish
Bullish
Technical Movement
24What is working for the Company
OPERATING CASH FLOW(Y)
Highest at VND 1,509,606.1 MM
DEBT-EQUITY RATIO
(HY)
Lowest at 33.26 %
INVENTORY TURNOVER RATIO(HY)
Highest at 6.17 times
DEBTORS TURNOVER RATIO(HY)
Highest at 1.52 times
NET SALES(Q)
At VND 1,784,072.3 MM has Grown at 29.3%
PRE-TAX PROFIT(Q)
Highest at VND 1,162,707.23 MM
NET PROFIT(Q)
Highest at VND 1,125,563.51 MM
EPS(Q)
Highest at VND 888.09
-1What is not working for the Company
RAW MATERIAL COST(Y)
Grown by 14.78% (YoY
Here's what is working for HAGL JSC
Pre-Tax Profit
At VND 1,162,707.23 MM has Grown at 224.32%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is very positive
Pre-Tax Profit (VND MM)
Net Profit
At VND 1,125,563.51 MM has Grown at 230.36%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very positive
Net Profit (VND MM)
Debt-Equity Ratio
Lowest at 33.26 % and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Operating Cash Flow
Highest at VND 1,509,606.1 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (VND MM)
Net Sales
At VND 1,784,072.3 MM has Grown at 29.3%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (VND MM)
Pre-Tax Profit
Highest at VND 1,162,707.23 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (VND MM)
Net Profit
Highest at VND 1,125,563.51 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (VND MM)
EPS
Highest at VND 888.09
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (VND)
Inventory Turnover Ratio
Highest at 6.17 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Debtors Turnover Ratio
Highest at 1.52 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Here's what is not working for HAGL JSC
Raw Material Cost
Grown by 14.78% (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






