Saigon Machinery Spare Parts JSC (SMA) 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

Viet Duc Welding Electrode JSC

Hai Duong Pump Manufacturing JSC

Saigon Machinery Spare Parts JSC

Mechanical Engineering & Metallurgy JSC

Why is Saigon Machinery Spare Parts JSC ?

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

NET PROFIT(HY) At VND 16,728.36 MM has Grown at -29.73%
OPERATING CASH FLOW(Y) Lowest at VND 24,315.36 MM

With ROE of 8.55%, it has a fair valuation with a 0.00 Price to Book Value

Over the past year, while the stock has generated a return of -30.47%, its profits have risen by 156.8%

Below par performance in long term as well as near term

Along with generating -30.47% 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 Machinery Spare Parts 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 Machinery Spare Parts JSC for you?

High Risk, Low Return

Absolute

Risk Adjusted

Volatility

Saigon Machinery Spare Parts JSC

-100.0%

-0.34

47.52%

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)

-0.99%

EBIT Growth (5y)

6.21%

EBIT to Interest (avg)

1.92

Debt to EBITDA (avg)

3.11

Net Debt to Equity (avg)

0.70

Sales to Capital Employed (avg)

0.17

Tax Ratio

15.92%

Dividend Payout Ratio

78.23%

Pledged Shares

Institutional Holding

ROCE (avg)

8.56%

ROE (avg)

6.97%

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

4.81

EV to EBITDA

2.71

EV to Capital Employed

0.39

EV to Sales

2.17

PEG Ratio

Dividend Yield

ROCE (Latest)

8.21%

ROE (Latest)

8.55%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

RSI

No Signal

Bollinger Bands

Mildly Bearish

Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Dow Theory

No Trend

OBV

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

16What is working for the Company

NET SALES(Q)

At VND 27,224.72 MM has Grown at 52.7%

RAW MATERIAL COST(Y)

Fallen by -17.15% (YoY

DEBT-EQUITY RATIO (HY)

Lowest at 56.6 %

PRE-TAX PROFIT(Q)

Highest at VND 16,397.42 MM

NET PROFIT(Q)

Highest at VND 9,962.73 MM

-5What is not working for the Company

NET PROFIT(HY)

At VND 16,728.36 MM has Grown at -29.73%

OPERATING CASH FLOW(Y)

Lowest at VND 24,315.36 MM

Here's what is working for Saigon Machinery Spare Parts JSC

Pre-Tax Profit

At VND 16,397.42 MM has Grown at 210.58%

over average net sales of the previous four periods of VND 5,279.56 MM

MOJO Watch

Near term Pre-Tax Profit trend is very positive

Pre-Tax Profit (VND MM)

Net Profit

At VND 9,962.73 MM has Grown at 241.68%

over average net sales of the previous four periods of VND 2,915.77 MM

MOJO Watch

Near term Net Profit trend is very positive

Net Profit (VND MM)

Net Sales

At VND 27,224.72 MM has Grown at 52.7%

over average net sales of the previous four periods of VND 17,828.42 MM

MOJO Watch

Near term sales trend is very positive

Net Sales (VND MM)

Pre-Tax Profit

Highest at VND 16,397.42 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 9,962.73 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is positive

Net Profit (VND MM)

Debt-Equity Ratio

Lowest at 56.6 %

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 -17.15% (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 Machinery Spare Parts JSC

Operating Cash Flow

Lowest at VND 24,315.36 MM

in the last three years

MOJO Watch

The company's cash revenues from business operations are falling

Operating Cash Flows (VND MM)