South Basic Chemicals JSC (CSV) 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 Tien Industries JSC

PetroVietnam Ca Mau Fertilizer JSC

CNG Vietnam JSC

Duc Giang Chemicals Group JSC

South Basic Chemicals JSC

Why is South Basic Chemicals JSC ?

Poor long term growth as Net Sales has grown by an annual rate of 7.50% and Operating profit at 0.47% over the last 5 years

Negative results in Sep 25

OPERATING CASH FLOW(Y) Lowest at VND 63,428.57 MM
INTEREST COVERAGE RATIO(Q) Lowest at 3,581.61
RAW MATERIAL COST(Y) Grown by 7.46% (YoY)

With ROE of 17.52%, it has a expensive valuation with a 2.24 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 -29.65%, its profits have risen by 27.3%
At the current price, the company has a high dividend yield of 3.3

Below par performance in long term as well as near term

Along with generating -29.65% 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 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 Specialty Chemicals)

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

Is South Basic Chemicals JSC for you?

Medium Risk, Low Return

Absolute

Risk Adjusted

Volatility

South Basic Chemicals JSC

-29.65%

0.24

37.36%

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)

7.50%

EBIT Growth (5y)

0.47%

EBIT to Interest (avg)

66.47

Debt to EBITDA (avg)

Net Debt to Equity (avg)

-0.45

Sales to Capital Employed (avg)

1.15

Tax Ratio

21.42%

Dividend Payout Ratio

50.77%

Pledged Shares

Institutional Holding

ROCE (avg)

35.42%

ROE (avg)

19.38%

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

2.24

EV to EBIT

8.77

EV to EBITDA

7.93

EV to Capital Employed

3.47

EV to Sales

1.28

PEG Ratio

Dividend Yield

3.30%

ROCE (Latest)

39.50%

ROE (Latest)

17.52%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

Bearish

RSI

No Signal

Bollinger Bands

Bullish

Mildly Bearish

Moving Averages

Mildly Bearish (Daily)

KST

Mildly Bullish

Bearish

Dow Theory

Mildly Bullish

No Trend

OBV

Mildly Bearish

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

1What is working for the Company

CASH AND EQV(HY)

Highest at VND 1,669,739.77 MM

-19What is not working for the Company

OPERATING CASH FLOW(Y)

Lowest at VND 63,428.57 MM

INTEREST COVERAGE RATIO(Q)

Lowest at 3,581.61

RAW MATERIAL COST(Y)

Grown by 7.46% (YoY

DEBTORS TURNOVER RATIO(HY)

Lowest at 5.27 times

INTEREST(Q)

Highest at VND 2,093.58 MM

Here's what is working for South Basic Chemicals JSC

Cash and Eqv

Highest at VND 1,669,739.77 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Here's what is not working for South Basic Chemicals JSC

Operating Cash Flow

Lowest at VND 63,428.57 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)

Interest

At VND 2,093.58 MM has Grown at 96.45%

period on period (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (VND MM)

Interest Coverage Ratio

Lowest at 3,581.61

in the last five periods

MOJO Watch

The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Interest

Highest at VND 2,093.58 MM

in the last five periods and Increased by 96.45% (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (VND MM)

Debtors Turnover Ratio

Lowest at 5.27 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling Debtors has slowed

Debtors Turnover Ratio

Raw Material Cost

Grown by 7.46% (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