PetroVietnam LPG JSC (PVG) 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

Everland Group JSC

Ben Thanh Trading & Service JSC

Alpha Seven Group JSC

PetroVietnam LPG JSC

Vinacomin-Northern Coal Trading JSC

Materials-Petroleum JSC

St8 Investment Development JSC

SMC Investment Trading JSC

Hanoi Investment General Corp.

Binh Thuan Agriculture Services JSC

Binh Duong Producing & Trading Corp.

Why is PetroVietnam LPG JSC ?

Flat results in Mar 26

OPERATING CASH FLOW(Y) Lowest at VND -354,966.19 MM
CASH AND EQV(HY) Lowest at VND 832,290.3 MM
NET SALES(Q) Lowest at VND 1,447,975.41 MM

With ROE of 3.10%, it has a attractive valuation with a 0.46 Price to Book Value

The stock is trading at a fair value compared to its peers' average historical valuations
Over the past year, while the stock has generated a return of -17.91%, its profits have risen by 11.9% ; the PEG ratio of the company is 1.3

Consistent Underperformance against the benchmark over the last 3 years

Along with generating -17.91% 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 LPG JSC should be less than 10%
Overall Portfolio exposure to Trading & Distributors should be less than 30%

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

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

Is PetroVietnam LPG JSC for you?

Medium Risk, Low Return

Absolute

Risk Adjusted

Volatility

PetroVietnam LPG JSC

-17.91%

-0.90

37.36%

Vietnam VN Ho Chi Minh Index

16.53%

0.77

21.36%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

11.15%

EBIT Growth (5y)

-158.69%

EBIT to Interest (avg)

-1,623.18

Debt to EBITDA (avg)

Net Debt to Equity (avg)

-0.92

Sales to Capital Employed (avg)

10.37

Tax Ratio

20.00%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

ROE (avg)

1.72%

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

0.46

EV to EBIT

537.20

EV to EBITDA

-5.92

EV to Capital Employed

-9.27

EV to Sales

-0.04

PEG Ratio

1.26

Dividend Yield

ROCE (Latest)

Negative Capital Employed

ROE (Latest)

3.10%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

RSI

No Signal

Bollinger Bands

Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Mildly Bullish

Dow Theory

Mildly Bearish

OBV

Mildly Bearish

Bullish

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

ROCE(HY)

Highest at 3.14%

INTEREST COVERAGE RATIO(Q)

Highest at 3,683.23

OPERATING PROFIT(Q)

Highest at VND 13,465.31 MM

RAW MATERIAL COST(Y)

Fallen by -7.19% (YoY

OPERATING PROFIT MARGIN(Q)

Highest at 0.93 %

-6What is not working for the Company

OPERATING CASH FLOW(Y)

Lowest at VND -354,966.19 MM

CASH AND EQV(HY)

Lowest at VND 832,290.3 MM

NET SALES(Q)

Lowest at VND 1,447,975.41 MM

Here's what is working for PetroVietnam LPG JSC

Interest Coverage Ratio

Highest at 3,683.23

in the last five periods

MOJO Watch

The company's ability to manage interest payments is improving

Operating Profit to Interest

Operating Profit

Highest at VND 13,465.31 MM and Grown

In each period in the last five periods

MOJO Watch

Near term Operating Profit trend is quite positive

Operating Profit (VND MM)

Operating Profit Margin

Highest at 0.93 %

in the last five periods

MOJO Watch

Company's profit margin has improved

Operating Profit to Sales

Raw Material Cost

Fallen by -7.19% (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 13,346.95 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 13,346.95 MM has Grown at 38.04%

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 LPG JSC

Net Sales

At VND 1,447,975.41 MM has Fallen at -11.62%

over average net sales of the previous four periods of VND 1,638,390.35 MM

MOJO Watch

Near term sales trend is very negative

Net Sales (VND MM)

Operating Cash Flow

Lowest at VND -354,966.19 MM

in the last three years

MOJO Watch

The company's cash revenues from business operations are falling

Operating Cash Flows (VND MM)

Net Sales

Lowest at VND 1,447,975.41 MM

in the last five periods

MOJO Watch

Near term sales trend is negative

Net Sales (VND MM)

Cash and Eqv

Lowest at VND 832,290.3 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is deteriorating

Cash and Cash Equivalents