Song Da No 9 JSC

  • Market Cap: Micro Cap
  • Industry: Construction
  • ISIN: VN000000SD90
VND
10,500.00
0.00 (0.00%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Petrovietnam Coating JSC
DIC Holdings Construction JSC
Vietnam Electricity Construction JSC
CMH Vietnam Group JSC
Song Da 505 JSC
Song Da No 9 JSC
JSC For Telecoms & Informatics
Tien Giang Investment & Construction JSC
Construction JSC No. 5
Van Phat Hung Corp.
Ha Noi South Housing & Urban Development Corp.

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
stock-recommendationReal-Time Research Report

Verdict Report

How much should you sell?

  1. 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%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

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%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

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%
stock-recommendationTechnicals

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
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

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 periods
MOJO 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 periods
MOJO 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 years
MOJO 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