Phu Nhuan Jewelry JSC (PNJ) 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

Phu Nhuan Jewelry JSC

Thien Long Group Corp.

TDT Investment & Development JSC

TNG Investment & Trading JSC

Garmex Saigon Corp.

X20 JSC

Binh Thanh Import-Export Production & Trade JSC

Why is Phu Nhuan Jewelry JSC ?

Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 19.19%

Healthy long term growth as Net Sales has grown by an annual rate of 14.84%
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 20.28

The company declared negative results in Mar'25 after flat results in Dec'24

INTEREST(HY) At VND 69,296.74 MM has Grown at 261.22%
OPERATING CASH FLOW(Y) Lowest at VND 330,106.13 MM
NET SALES(9M) At VND 25,353,050.42 MM has Grown at -13.3%

With ROE of 17.27%, it has a expensive valuation with a 2.54 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 27.78%, its profits have risen by 10.9% ; the PEG ratio of the company is 1.9

Majority shareholders : FIIs

Underperformed the market in the last 1 year

The stock has generated a return of 27.78% 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 Phu Nhuan Jewelry JSC should be less than 10%
Overall Portfolio exposure to Gems, Jewellery And Watches should be less than 30%

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

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

Is Phu Nhuan Jewelry JSC for you?

Medium Risk, Low Return

Absolute

Risk Adjusted

Volatility

Phu Nhuan Jewelry JSC

27.78%

0.73

37.34%

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)

14.84%

EBIT Growth (5y)

14.72%

EBIT to Interest (avg)

20.28

Debt to EBITDA (avg)

0.77

Net Debt to Equity (avg)

0.14

Sales to Capital Employed (avg)

2.77

Tax Ratio

20.04%

Dividend Payout Ratio

35.01%

Pledged Shares

Institutional Holding

0.09%

ROCE (avg)

21.83%

ROE (avg)

19.19%

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

2.54

EV to EBIT

12.22

EV to EBITDA

11.84

EV to Capital Employed

2.38

EV to Sales

0.97

PEG Ratio

1.92

Dividend Yield

1.62%

ROCE (Latest)

19.51%

ROE (Latest)

17.27%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

No Signal

Bollinger Bands

Bullish

Mildly Bullish

Moving Averages

Bullish (Daily)

KST

Bullish

Dow Theory

Mildly Bearish

No Trend

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

10What is working for the Company

ROCE(HY)

Highest at 20.85%

PRE-TAX PROFIT(Q)

At VND 625,753.18 MM has Grown at 96.77%

NET PROFIT(Q)

At VND 495,704.58 MM has Grown at 129.67%

RAW MATERIAL COST(Y)

Fallen by -13.7% (YoY

CASH AND EQV(HY)

Highest at VND 4,546,650.7 MM

-13What is not working for the Company

INTEREST(HY)

At VND 69,296.74 MM has Grown at 261.22%

OPERATING CASH FLOW(Y)

Lowest at VND 330,106.13 MM

NET SALES(9M)

At VND 25,353,050.42 MM has Grown at -13.3%

INVENTORY TURNOVER RATIO(HY)

Lowest at 2.31 times

Here's what is working for Phu Nhuan Jewelry JSC

Pre-Tax Profit

At VND 625,753.18 MM has Grown at 96.77%

Year on Year (YoY)

MOJO Watch

Near term Pre-Tax Profit trend is very positive

Pre-Tax Profit (VND MM)

Net Profit

At VND 495,704.58 MM has Grown at 129.67%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is very positive

Net Profit (VND MM)

Cash and Eqv

Highest at VND 4,546,650.7 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Raw Material Cost

Fallen by -13.7% (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 Phu Nhuan Jewelry JSC

Interest

At VND 69,296.74 MM has Grown at 261.22%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (VND MM)

Net Sales

At VND 25,353,050.42 MM has Grown at -13.3%

Year on Year (YoY)

MOJO Watch

Near term sales trend is negative

Net Sales (VND MM)

Operating Cash Flow

Lowest at VND 330,106.13 MM

in the last three years

MOJO Watch

The company's cash revenues from business operations are falling

Operating Cash Flows (VND MM)

Inventory Turnover Ratio

Lowest at 2.31 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling inventory has slowed

Inventory Turnover Ratio