Plastic Additives JSC (PGN) 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

Plastic Additives JSC

Why is Plastic Additives JSC ?

DEBTORS TURNOVER RATIO(HY) Lowest at 1.41 times
NET SALES(Q) Lowest at VND 18,338.51 MM
PRE-TAX PROFIT(Q) Lowest at VND 106.62 MM

Consistent Underperformance against the benchmark over the last 3 years

Along with generating -11.11% 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 Specialty Chemicals)

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

Is Plastic Additives JSC for you?

High Risk, Low Return

Absolute

Risk Adjusted

Volatility

Plastic Additives JSC

-11.11%

-0.39

62.48%

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)

-8.18%

EBIT Growth (5y)

-27.24%

EBIT to Interest (avg)

2.44

Debt to EBITDA (avg)

3.39

Net Debt to Equity (avg)

0.30

Sales to Capital Employed (avg)

1.13

Tax Ratio

19.66%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

9.00%

ROE (avg)

10.19%

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

EV to EBIT

-11.51

EV to EBITDA

-6.23

EV to Capital Employed

-0.43

EV to Sales

-0.32

PEG Ratio

Dividend Yield

ROCE (Latest)

Negative Capital Employed

ROE (Latest)

1.55%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

Mildly Bullish

RSI

No Signal

Bollinger Bands

Bearish

Moving Averages

Mildly Bullish (Daily)

KST

Mildly Bearish

Mildly Bullish

Dow Theory

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

18What is working for the Company

OPERATING CASH FLOW(Y)

Highest at VND 25,304.93 MM

NET PROFIT(HY)

Higher at VND 524.85 MM

DEBT-EQUITY RATIO (HY)

Lowest at -30.26 %

RAW MATERIAL COST(Y)

Fallen by -384.95% (YoY

CASH AND EQV(HY)

Highest at VND 89,907.18 MM

INVENTORY TURNOVER RATIO(HY)

Highest at 19.32 times

-23What is not working for the Company

DEBTORS TURNOVER RATIO(HY)

Lowest at 1.41 times

NET SALES(Q)

Lowest at VND 18,338.51 MM

PRE-TAX PROFIT(Q)

Lowest at VND 106.62 MM

NET PROFIT(Q)

Lowest at VND 77.56 MM

EPS(Q)

Lowest at VND 8.2

Here's what is working for Plastic Additives JSC

Operating Cash Flow

Highest at VND 25,304.93 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)

Debt-Equity Ratio

Lowest at -30.26 % and Grown

In each half year in the last five Semi-Annual periods

MOJO Watch

The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Cash and Eqv

Highest at VND 89,907.18 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Inventory Turnover Ratio

Highest at 19.32 times

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 -384.95% (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 Plastic Additives JSC

Net Sales

At VND 18,338.51 MM has Fallen at -41.97%

over average net sales of the previous four periods of VND 31,602.16 MM

MOJO Watch

Near term sales trend is extremely negative

Net Sales (VND MM)

Pre-Tax Profit

At VND 106.62 MM has Fallen at -83.18%

over average net sales of the previous four periods of VND 633.75 MM

MOJO Watch

Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (VND MM)

Net Profit

At VND 77.56 MM has Fallen at -83.55%

over average net sales of the previous four periods of VND 471.57 MM

MOJO Watch

Near term Net Profit trend is very negative

Net Profit (VND MM)

Net Sales

Lowest at VND 18,338.51 MM

in the last five periods

MOJO Watch

Near term sales trend is negative

Net Sales (VND MM)

Pre-Tax Profit

Lowest at VND 106.62 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 77.56 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is negative

Net Profit (VND MM)

EPS

Lowest at VND 8.2

in the last five periods

MOJO Watch

Declining profitability; company has created lower earnings for shareholders

EPS (VND)

Debtors Turnover Ratio

Lowest at 1.41 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling Debtors has slowed

Debtors Turnover Ratio

Non Operating Income

Highest at VND 6.13 MM

in the last five periods

MOJO Watch

Increased income from non business activities may not be sustainable

Non Operating income