PetroVietnam Low Pressure Gas Distribution JSC (PGD) 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

Petrolimex Gas JSC

PetroVietnam Low Pressure Gas Distribution JSC

Petrovietnam Gas JSC

Petrolimex Joint Stock Tanker Co.

Vietnam Tanker JSC

International Gas Product Shipping JSC

Vietnam Petroleum Transport JSC

Petro Viet Nam Gas City Investment & Development JSC

Why is PetroVietnam Low Pressure Gas Distribution JSC ?

Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 18.31%

Company has very low debt and has enough cash to service the debt requirements

Flat results in Dec 25

OPERATING CASH FLOW(Y) Lowest at VND -11,456.48 MM
NET PROFIT(9M) At VND 159,337.82 MM has Grown at -20.09%
INTEREST(Q) At VND 383.77 MM has Grown at 387.14%

With ROE of 9.42%, it has a expensive valuation with a 1.55 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 -22.42%, its profits have fallen by -38.1%
At the current price, the company has a high dividend yield of 6.3

Consistent Underperformance against the benchmark over the last 3 years

Along with generating -22.42% 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 hold?

Overall Portfolio exposure to PetroVietnam Low Pressure Gas Distribution JSC should be less than 10%
Overall Portfolio exposure to Gas should be less than 30%

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

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

Is PetroVietnam Low Pressure Gas Distribution JSC for you?

Low Risk, Low Return

Absolute

Risk Adjusted

Volatility

PetroVietnam Low Pressure Gas Distribution JSC

-22.42%

-1.25

26.56%

Vietnam VN Ho Chi Minh Index

43.59%

1.93

22.62%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

9.07%

EBIT Growth (5y)

-10.20%

EBIT to Interest (avg)

100.00

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

-1.25

Sales to Capital Employed (avg)

6.76

Tax Ratio

19.34%

Dividend Payout Ratio

63.43%

Pledged Shares

Institutional Holding

ROCE (avg)

ROE (avg)

18.31%

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

1.55

EV to EBIT

2.10

EV to EBITDA

1.58

EV to Capital Employed

-0.69

EV to Sales

0.03

PEG Ratio

Dividend Yield

6.26%

ROCE (Latest)

Negative Capital Employed

ROE (Latest)

9.42%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

Bearish

RSI

No Signal

Bollinger Bands

Sideways

Bearish

Moving Averages

Mildly Bearish (Daily)

KST

Mildly Bullish

Bearish

Dow Theory

No Trend

Bearish

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

PRE-TAX PROFIT(Q)

At VND 37,539.86 MM has Grown at 1,802.44%

NET PROFIT(Q)

At VND 29,811.22 MM has Grown at 1,451.94%

RAW MATERIAL COST(Y)

Fallen by -31.19% (YoY

DEBTORS TURNOVER RATIO(HY)

Highest at 9.67 times

-7What is not working for the Company

OPERATING CASH FLOW(Y)

Lowest at VND -11,456.48 MM

NET PROFIT(9M)

At VND 159,337.82 MM has Grown at -20.09%

INTEREST(Q)

At VND 383.77 MM has Grown at 387.14%

DIVIDEND PER SHARE(HY)

Lowest at VND 9.67

Here's what is working for PetroVietnam Low Pressure Gas Distribution JSC

Pre-Tax Profit

At VND 37,539.86 MM has Grown at 1,802.44%

Year on Year (YoY)

MOJO Watch

Near term Pre-Tax Profit trend is very positive

Pre-Tax Profit (VND MM)

Net Profit

At VND 29,811.22 MM has Grown at 1,451.94%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is very positive

Net Profit (VND MM)

Debtors Turnover Ratio

Highest at 9.67 times

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Raw Material Cost

Fallen by -31.19% (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

Depreciation

Highest at VND 49,110.47 MM

in the last five periods

MOJO Watch

The expenditure on assets done by the company may have gone into operation

Depreciation (VND MM)

Depreciation

At VND 49,110.47 MM has Grown at 301.9%

period on period (QoQ)

MOJO Watch

The expenditure on assets done by the company has gone into productive use which should positively reflect in the future sales

Depreciation (VND MM)

Here's what is not working for PetroVietnam Low Pressure Gas Distribution JSC

Interest

At VND 383.77 MM has Grown at 387.14%

period on period (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (VND MM)

Operating Cash Flow

Lowest at VND -11,456.48 MM

in the last three years

MOJO Watch

The company's cash revenues from business operations are falling

Operating Cash Flows (VND MM)

Dividend per share

Lowest at VND 9.67

in the last five years

MOJO Watch

Company is distributing lower dividend than previous years

DPS (VND)