Khanh Hoa Power JSC (KHP) 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

Sesan 4A HydroElectric JSC

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Vietnam Power Development JSC

Truong Thanh Development & Construction Investment JSC

Song Ba JSC

Mien Trung Power Investment & Development JSC

Thac Ba Hydropower JSC

Khanh Hoa Power JSC

Southern Hydropower JSC

Central Hydropower JSC

Why is Khanh Hoa Power JSC ?

High Debt Company with a Debt to Equity ratio (avg) at times

Poor long term growth as Net Sales has grown by an annual rate of 9.68% and Operating profit at 19.46% over the last 5 years
High Debt Company with a Debt to Equity ratio (avg) at times

Poor long term growth as Net Sales has grown by an annual rate of 9.68% and Operating profit at 19.46% over the last 5 years

With a growth in Net Sales of 14.72%, the company declared Very Positive results in Sep 25

INVENTORY TURNOVER RATIO(HY) Highest at 201.25 times
RAW MATERIAL COST(Y) Fallen by -20.26% (YoY)
NET SALES(Q) Highest at VND 2,307,258.24 MM

With ROE of 5.46%, it has a very expensive valuation with a 1.19 Price to Book Value

The stock is trading at a discount compared to its peers' average historical valuations
Over the past year, while the stock has generated a return of 4.11%, its profits have fallen by -53.8%

Underperformed the market in the last 1 year

The stock has generated a return of 4.11% in the last 1 year, much lower than market (Vietnam VN Ho Chi Minh Index) returns of 43.59%

Real-Time Research Report

Verdict Report

How much should you hold?

Overall Portfolio exposure to Khanh Hoa Power JSC should be less than 10%
Overall Portfolio exposure to Power should be less than 30%

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

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

Is Khanh Hoa Power JSC for you?

Low Risk, Low Return

Absolute

Risk Adjusted

Volatility

Khanh Hoa Power JSC

-22.45%

0.73

24.21%

Vietnam VN Ho Chi Minh Index

16.45%

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)

12.71%

EBIT Growth (5y)

41.30%

EBIT to Interest (avg)

1.67

Debt to EBITDA (avg)

1.37

Net Debt to Equity (avg)

0.69

Sales to Capital Employed (avg)

4.69

Tax Ratio

13.57%

Dividend Payout Ratio

53.23%

Pledged Shares

Institutional Holding

ROCE (avg)

8.12%

ROE (avg)

7.05%

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

0.85

EV to EBIT

8.63

EV to EBITDA

2.76

EV to Capital Employed

0.90

EV to Sales

0.12

PEG Ratio

0.02

Dividend Yield

4.93%

ROCE (Latest)

10.45%

ROE (Latest)

11.33%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

Bearish

RSI

No Signal

Bullish

Bollinger Bands

Mildly Bearish

Moving Averages

Bearish (Daily)

KST

Mildly Bullish

Mildly Bearish

Dow Theory

No Trend

Mildly Bearish

OBV

No Trend

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

11What is working for the Company

OPERATING CASH FLOW(Y)

Highest at VND 345,234.92 MM

INVENTORY TURNOVER RATIO(HY)

Highest at 214.96 times

RAW MATERIAL COST(Y)

Fallen by -220.2% (YoY

NET PROFIT(9M)

Higher at VND 37,183.15 MM

-8What is not working for the Company

PRE-TAX PROFIT(Q)

At VND 2,332.85 MM has Fallen at -84.42%

NET PROFIT(Q)

At VND 1,915.87 MM has Fallen at -83.97%

CASH AND EQV(HY)

Lowest at VND 718,220.86 MM

NET SALES(Q)

At VND 1,752,779.08 MM has Fallen at -9.44%

Here's what is working for Khanh Hoa Power JSC

Operating Cash Flow

Highest at VND 345,234.92 MM and Grown

In each year in the last three years

MOJO Watch

The company has generated higher cash revenues from business operations

Operating Cash Flows (VND MM)

Inventory Turnover Ratio

Highest at 214.96 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

Raw Material Cost

Fallen by -220.2% (YoY)

MOJO Watch

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

Raw Material Cost as a percentage of Sales

Here's what is not working for Khanh Hoa Power JSC

Pre-Tax Profit

At VND 2,332.85 MM has Fallen at -84.42%

over average net sales of the previous four periods of VND 14,971.64 MM

MOJO Watch

Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (VND MM)

Net Profit

At VND 1,915.87 MM has Fallen at -83.97%

over average net sales of the previous four periods of VND 11,950.79 MM

MOJO Watch

Near term Net Profit trend is very negative

Net Profit (VND MM)

Net Sales

At VND 1,752,779.08 MM has Fallen at -9.44%

over average net sales of the previous four periods of VND 1,935,539.18 MM

MOJO Watch

Near term sales trend is negative

Net Sales (VND MM)

Cash and Eqv

Lowest at VND 718,220.86 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is deteriorating

Cash and Cash Equivalents

Non Operating Income

Highest at VND 4.72 MM

in the last five periods

MOJO Watch

Increased income from non business activities may not be sustainable

Non Operating income