Saigon Fuel JSC (SFC) 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

An Pha Petroleum Group JSC

Alpha Seven Group JSC

PetroVietnam LPG JSC

Ben Thanh Trading & Service JSC

Saigon Fuel JSC

Materials-Petroleum JSC

St8 Investment Development JSC

Thien Nam Trading Import Export Corp.

Binh Thuan Agriculture Services JSC

Dong A Plastic Group JSC

Binh Duong Producing & Trading Corp.

Why is Saigon Fuel JSC ?

Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 19.86

Poor long term growth as Net Sales has grown by an annual rate of 9.49% and Operating profit at -0.24% over the last 5 years

The company has declared Negative results for the last 3 consecutive quarters

INTEREST(HY) At VND 684.77 MM has Grown at 64.89%
NET SALES(HY) At VND 701,293.7 MM has Grown at -12.74%

With ROE of 10.93%, it has a fair valuation with a 1.19 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 -26.94%, its profits have fallen by -13.6%
At the current price, the company has a high dividend yield of 7.9

Below par performance in long term as well as near term

Along with generating -26.94% returns in the last 1 year, the stock has also underperformed Vietnam VN Ho Chi Minh Index in the last 3 years, 1 year and 3 months

Real-Time Research Report

Verdict Report

How much should you hold?

Overall Portfolio exposure to Saigon Fuel 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 Saigon Fuel JSC for you?

High Risk, Low Return

Absolute

Risk Adjusted

Volatility

Saigon Fuel JSC

-26.94%

-0.35

46.69%

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)

9.49%

EBIT Growth (5y)

-0.24%

EBIT to Interest (avg)

19.86

Debt to EBITDA (avg)

Net Debt to Equity (avg)

-0.59

Sales to Capital Employed (avg)

7.54

Tax Ratio

20.82%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

28.22%

ROE (avg)

10.64%

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

1.19

EV to EBIT

4.82

EV to EBITDA

3.72

EV to Capital Employed

1.45

EV to Sales

0.07

PEG Ratio

Dividend Yield

7.94%

ROCE (Latest)

30.07%

ROE (Latest)

10.93%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

Bearish

RSI

No Signal

Bollinger Bands

Mildly Bearish

Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Dow Theory

No Trend

Bearish

OBV

No Trend

Mildly 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

INTEREST COVERAGE RATIO(Q)

Highest at 3,327.61

OPERATING PROFIT MARGIN(Q)

Highest at 2.47 %

RAW MATERIAL COST(Y)

Fallen by -6.76% (YoY

DEBT-EQUITY RATIO (HY)

Lowest at -62.29 %

OPERATING PROFIT(Q)

Highest at VND 8,870.65 MM

PRE-TAX PROFIT(Q)

Highest at VND 8,492.11 MM

NET PROFIT(Q)

Highest at VND 5,991.99 MM

EPS(Q)

Highest at VND 530.78

-12What is not working for the Company

INTEREST(HY)

At VND 684.77 MM has Grown at 64.89%

NET SALES(HY)

At VND 701,293.7 MM has Grown at -12.74%

Here's what is working for Saigon Fuel JSC

Interest Coverage Ratio

Highest at 3,327.61

in the last five periods

MOJO Watch

The company's ability to manage interest payments is improving

Operating Profit to Interest

Operating Profit Margin

Highest at 2.47 % and Grown

In each period in the last five periods

MOJO Watch

Company's profit margin has improved

Operating Profit to Sales

Operating Profit

Highest at VND 8,870.65 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is positive

Operating Profit (VND MM)

Pre-Tax Profit

Highest at VND 8,492.11 MM

in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (VND MM)

Net Profit

Highest at VND 5,991.99 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is positive

Net Profit (VND MM)

EPS

Highest at VND 530.78

in the last five periods

MOJO Watch

Increasing profitability; company has created higher earnings for shareholders

EPS (VND)

Debt-Equity Ratio

Lowest at -62.29 %

in the last five Semi-Annual periods

MOJO Watch

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

Debt-Equity Ratio

Raw Material Cost

Fallen by -6.76% (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 Saigon Fuel JSC

Interest

At VND 684.77 MM has Grown at 64.89%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (VND MM)

Net Sales

At VND 701,293.7 MM has Grown at -12.74%

Year on Year (YoY)

MOJO Watch

Near term sales trend is negative

Net Sales (VND MM)