Comparison
Company
Score
Quality
Valuation
Financial
Technical
Why is Song Da No 9 JSC ?
1
Poor Management Efficiency with a low ROCE of 9.17%
- The company has been able to generate a Return on Capital Employed (avg) of 9.17% signifying low profitability per unit of total capital (equity and debt)
2
The company is Net-Debt Free
- Poor long term growth as Net Sales has grown by an annual rate of 1.25% and Operating profit at 1.78% over the last 5 years
- The company is Net-Debt Free
- The company has been able to generate a Return on Equity (avg) of 5.90% signifying low profitability per unit of shareholders funds
3
Poor long term growth as Net Sales has grown by an annual rate of 1.25% and Operating profit at 1.78% over the last 5 years
4
Underperformed the market in the last 1 year
- Even though the market (Vietnam VN Ho Chi Minh Index) has generated returns of 16.45% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -11.76% returns
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 Construction)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Song Da No 9 JSC for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Song Da No 9 JSC
-11.76%
-0.54
24.39%
Vietnam VN Ho Chi Minh Index
16.45%
0.77
21.41%
Quality key factors
Factor
Value
Sales Growth (5y)
1.25%
EBIT Growth (5y)
1.78%
EBIT to Interest (avg)
1.94
Debt to EBITDA (avg)
2.62
Net Debt to Equity (avg)
0.53
Sales to Capital Employed (avg)
0.36
Tax Ratio
18.80%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
10.09%
ROE (avg)
5.90%
Valuation Key Factors 
Factor
Value
P/E Ratio
7
Industry P/E
Price to Book Value
0.60
EV to EBIT
8.27
EV to EBITDA
6.00
EV to Capital Employed
0.76
EV to Sales
1.56
PEG Ratio
0.26
Dividend Yield
5.05%
ROCE (Latest)
9.22%
ROE (Latest)
8.61%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
Bearish
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
No Trend
Technical Movement
14What is working for the Company
NET PROFIT(9M)
Higher at VND 23,367.42 MM
INVENTORY TURNOVER RATIO(HY)
Highest at 1.48 times
DEBTORS TURNOVER RATIO(HY)
Highest at 2.37 times
NET SALES(Q)
At VND 100,307.81 MM has Grown at 48.47%
-8What is not working for the Company
NET PROFIT(HY)
At VND 6,111.03 MM has Grown at -41.24%
OPERATING CASH FLOW(Y)
Lowest at VND 164,065.02 MM
RAW MATERIAL COST(Y)
Grown by 21.67% (YoY
Here's what is working for Song Da No 9 JSC
Net Sales
At VND 100,307.81 MM has Grown at 48.47%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (VND MM)
Inventory Turnover Ratio
Highest at 1.48 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Debtors Turnover Ratio
Highest at 2.37 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Depreciation
At VND 6,882.94 MM has Grown at inf%
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 Song Da No 9 JSC
Net Profit
At VND 6,111.03 MM has Grown at -41.24%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very negative
Net Profit (VND MM)
Operating Cash Flow
Lowest at VND 164,065.02 MM and Fallen
In each year in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (VND MM)
Raw Material Cost
Grown by 21.67% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin
Raw Material Cost as a percentage of Sales






