MBG Group JSC (MBG) 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

Dien Quang Lamp JSC

SAM Holdings Corp.

Vietnam Electric Cable Corp.

Rangdong Light Source & Vacuum Flask JSC

Dry Cell & Storage Battery JSC

Taya Vietnam Electric Wire & Cable JSC

MBG Group JSC

VKC Holdings Joint Stock Co.

Why is MBG Group JSC ?

Negative results in Mar 26

INTEREST(HY) At VND 3,740.61 MM has Grown at 88.76%
NET SALES(Q) At VND 117,285.37 MM has Fallen at -10.76%
INTEREST COVERAGE RATIO(Q) Lowest at 347.86

Consistent Underperformance against the benchmark over the last 3 years

Along with generating -15.15% 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 sell?

All quantity irrespective of whether you are making profits or losses

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

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is MBG Group JSC for you?

High Risk, Low Return

Absolute

Risk Adjusted

Volatility

MBG Group JSC

-15.15%

-0.84

44.79%

Vietnam VN Ho Chi Minh Index

38.87%

1.81

21.48%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

-6.02%

EBIT Growth (5y)

-7.54%

EBIT to Interest (avg)

34.48

Debt to EBITDA (avg)

Net Debt to Equity (avg)

0.04

Sales to Capital Employed (avg)

0.29

Tax Ratio

2.38%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

6.15%

ROE (avg)

4.75%

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

0.28

EV to EBIT

17.40

EV to EBITDA

12.30

EV to Capital Employed

0.32

EV to Sales

0.84

PEG Ratio

Dividend Yield

ROCE (Latest)

1.83%

ROE (Latest)

1.82%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

RSI

No Signal

Bearish

Bollinger Bands

Mildly Bearish

Bearish

Moving Averages

Mildly Bearish (Daily)

KST

Mildly Bullish

Dow Theory

No Trend

OBV

Mildly Bearish

No Trend

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

8What is working for the Company

OPERATING CASH FLOW(Y)

Highest at VND 125,627.78 MM

NET SALES(9M)

Higher at VND 458,929.4 MM

INVENTORY TURNOVER RATIO(HY)

Highest at 1.43 times

DEBTORS TURNOVER RATIO(HY)

Highest at 1.33 times

-28What is not working for the Company

INTEREST(HY)

At VND 3,740.61 MM has Grown at 88.76%

NET SALES(Q)

At VND 117,285.37 MM has Fallen at -10.76%

INTEREST COVERAGE RATIO(Q)

Lowest at 347.86

RAW MATERIAL COST(Y)

Grown by 30% (YoY

PRE-TAX PROFIT(Q)

Lowest at VND 1,081.13 MM

NET PROFIT(Q)

Lowest at VND 391.68 MM

EPS(Q)

Lowest at VND 3.26

Here's what is working for MBG Group JSC

Operating Cash Flow

Highest at VND 125,627.78 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 1.43 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 1.33 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 MBG Group JSC

Pre-Tax Profit

At VND 1,081.13 MM has Fallen at -82.4%

over average net sales of the previous four periods of VND 6,142.98 MM

MOJO Watch

Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (VND MM)

Net Profit

At VND 391.68 MM has Fallen at -93.41%

over average net sales of the previous four periods of VND 5,947.21 MM

MOJO Watch

Near term Net Profit trend is very negative

Net Profit (VND MM)

Interest

At VND 3,740.61 MM has Grown at 88.76%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (VND MM)

Net Sales

At VND 117,285.37 MM has Fallen at -10.76%

over average net sales of the previous four periods of VND 131,421.49 MM

MOJO Watch

Near term sales trend is very negative

Net Sales (VND MM)

Interest Coverage Ratio

Lowest at 347.86

in the last five periods

MOJO Watch

The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Pre-Tax Profit

Lowest at VND 1,081.13 MM

in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is negative

Pre-Tax Profit (VND MM)

Net Profit

Lowest at VND 391.68 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is negative

Net Profit (VND MM)

EPS

Lowest at VND 3.26

in the last five periods

MOJO Watch

Declining profitability; company has created lower earnings for shareholders

EPS (VND)

Raw Material Cost

Grown by 30% (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