Song Hong Garment JSC (MSH) 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

TNG Investment & Trading JSC

Binh Thanh Import-Export Production & Trade JSC

Song Hong Garment JSC

Thong Nhat Rubber Co.

Damsan JSC

Garmex Saigon Corp.

Mirae JSC

Hanoi Textile & Garment JSC

Duc Quan Investment & Development JSC

Why is Song Hong Garment JSC ?

Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 21.62%

Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 14.80

With a growth in Net Profit of 68.69%, the company declared Very Positive results in Sep 25

The company has declared positive results for the last 3 consecutive quarters
OPERATING CASH FLOW(Y) Highest at VND 1,371,992.17 MM
ROCE(HY) Highest at 29.23%
RAW MATERIAL COST(Y) Fallen by -43.57% (YoY)

With ROE of 28.48%, it has a very expensive valuation with a 1.93 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 -2.89%, its profits have risen by 108.7% ; the PEG ratio of the company is 0.2
At the current price, the company has a high dividend yield of 4.5

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 Footwear)

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

Is Song Hong Garment JSC for you?

High Risk, Low Return

Absolute

Risk Adjusted

Volatility

Song Hong Garment JSC

-9.47%

0.21

51.92%

Vietnam VN Ho Chi Minh Index

38.87%

1.90

22.90%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

6.72%

EBIT Growth (5y)

19.38%

EBIT to Interest (avg)

14.80

Debt to EBITDA (avg)

Net Debt to Equity (avg)

-0.09

Sales to Capital Employed (avg)

1.65

Tax Ratio

18.47%

Dividend Payout Ratio

73.31%

Pledged Shares

Institutional Holding

ROCE (avg)

29.40%

ROE (avg)

21.62%

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

1.85

EV to EBIT

5.00

EV to EBITDA

4.23

EV to Capital Employed

2.23

EV to Sales

0.60

PEG Ratio

0.30

Dividend Yield

7.45%

ROCE (Latest)

44.69%

ROE (Latest)

29.29%

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

Mildly Bearish

Mildly Bullish

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

3What is working for the Company

ROCE(HY)

Highest at 32.31%

RAW MATERIAL COST(Y)

Fallen by -11.33% (YoY

-17What is not working for the Company

NET SALES(Q)

At VND 1,041,226.32 MM has Fallen at -24.79%

OPERATING CASH FLOW(Y)

Lowest at VND 467,585.14 MM

INTEREST COVERAGE RATIO(Q)

Lowest at 866.72

DEBT-EQUITY RATIO (HY)

Highest at -0.1 %

PRE-TAX PROFIT(Q)

Lowest at VND 103,278.58 MM

NET PROFIT(Q)

Lowest at VND 81,659.46 MM

EPS(Q)

Lowest at VND 725.73

Here's what is working for Song Hong Garment JSC

Raw Material Cost

Fallen by -11.33% (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 Song Hong Garment JSC

Net Sales

At VND 1,041,226.32 MM has Fallen at -24.79%

over average net sales of the previous four periods of VND 1,384,517.06 MM

MOJO Watch

Near term sales trend is extremely negative

Net Sales (VND MM)

Pre-Tax Profit

At VND 103,278.58 MM has Fallen at -49.51%

over average net sales of the previous four periods of VND 204,545.09 MM

MOJO Watch

Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (VND MM)

Net Profit

At VND 81,659.46 MM has Fallen at -48.12%

over average net sales of the previous four periods of VND 157,387.23 MM

MOJO Watch

Near term Net Profit trend is very negative

Net Profit (VND MM)

Interest Coverage Ratio

Lowest at 866.72

in the last five periods

MOJO Watch

The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Operating Cash Flow

Lowest at VND 467,585.14 MM

in the last three years

MOJO Watch

The company's cash revenues from business operations are falling

Operating Cash Flows (VND MM)

Pre-Tax Profit

Lowest at VND 103,278.58 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 81,659.46 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is negative

Net Profit (VND MM)

EPS

Lowest at VND 725.73

in the last five periods

MOJO Watch

Declining profitability; company has created lower earnings for shareholders

EPS (VND)

Debt-Equity Ratio

Highest at -0.1 %

in the last five Semi-Annual periods

MOJO Watch

The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio