Tan Phu Plastic JSC

  • Market Cap: Small Cap
  • Industry: Packaging
  • ISIN: VN000000TPP0
VND
9,900.00
-800 (-7.48%)
  • 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
Tan Phu Plastic JSC
Thuan Duc JSC
An Phat Bioplastics JSC
Vinh Plastic & Bags JSC
Petroleum Mechanical JSC
Petrovietnam Packaging JSC
Can Tho Sadico JSC
Binh Duong PP Pack Making JSC
PP Pack Marking JSC

Why is Tan Phu Plastic JSC ?

1
Positive results in Mar 26
  • NET PROFIT(HY) Higher at VND 168,054.08 MM
  • ROCE(HY) Highest at 30.34%
  • RAW MATERIAL COST(Y) Fallen by -3.55% (YoY)
2
With ROE of 23.86%, it has a attractive valuation with a 0.00 Price to Book Value
  • Over the past year, while the stock has generated a return of -7.48%, its profits have risen by 453.1%
3
Below par performance in long term as well as near term
  • Along with generating -7.48% 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
stock-recommendationReal-Time Research Report

Verdict Report

How much should you hold?

  1. Overall Portfolio exposure to Tan Phu Plastic JSC should be less than 10%
  2. Overall Portfolio exposure to Packaging should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Packaging)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Tan Phu Plastic JSC for you?

High Risk, Low Return

Absolute
Risk Adjusted
Volatility
Tan Phu Plastic JSC
-100.0%
0.06
49.95%
Vietnam VN Ho Chi Minh Index
38.87%
1.81
21.48%
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)
27.72%
EBIT Growth (5y)
31.87%
EBIT to Interest (avg)
1.09
Debt to EBITDA (avg)
4.80
Net Debt to Equity (avg)
2.79
Sales to Capital Employed (avg)
1.48
Tax Ratio
24.66%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
7.27%
ROE (avg)
4.46%
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
Industry P/E
Price to Book Value
NA
EV to EBIT
5.89
EV to EBITDA
4.07
EV to Capital Employed
0.52
EV to Sales
0.34
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
8.89%
ROE (Latest)
23.86%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Bearish
No Trend
OBV
Mildly Bearish
Mildly Bearish
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

16What is working for the Company
NET PROFIT(HY)

Higher at VND 168,054.08 MM

ROCE(HY)

Highest at 30.34%

RAW MATERIAL COST(Y)

Fallen by -3.55% (YoY

CASH AND EQV(HY)

Highest at VND 1,213,880.21 MM

DEBT-EQUITY RATIO (HY)

Lowest at 135.69 %

-12What is not working for the Company
OPERATING CASH FLOW(Y)

Lowest at VND -78,676.92 MM

INTEREST(HY)

At VND 66,993.41 MM has Grown at 29.68%

INTEREST COVERAGE RATIO(Q)

Lowest at 149.8

INVENTORY TURNOVER RATIO(HY)

Lowest at 3.62 times

DEBTORS TURNOVER RATIO(HY)

Lowest at 4.43 times

OPERATING PROFIT(Q)

Lowest at VND 48,311.41 MM

OPERATING PROFIT MARGIN(Q)

Lowest at 6.39 %

Here's what is working for Tan Phu Plastic JSC

Net Profit
At VND 168,054.08 MM has Grown at 547.39%
Year on Year (YoY)
MOJO Watch
Net Profit trend is very positive

Net Profit (VND MM)

Net Profit
Higher at VND 168,054.08 MM
than preceding 12 month period ended Mar 2026
MOJO Watch
In the half year the company has already crossed Net Profit of the previous twelve months

Net Profit (VND MM)

Cash and Eqv
Highest at VND 1,213,880.21 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is improving

Cash and Cash Equivalents

Debt-Equity Ratio
Lowest at 135.69 %
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 -3.55% (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 Tan Phu Plastic JSC

Interest Coverage Ratio
Lowest at 149.8
in the last five periods
MOJO Watch
The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Interest
At VND 66,993.41 MM has Grown at 29.68%
over previous Semi-Annual period
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (VND MM)

Operating Cash Flow
Lowest at VND -78,676.92 MM
in the last three years
MOJO Watch
The company's cash revenues from business operations are falling

Operating Cash Flows (VND MM)

Operating Profit
Lowest at VND 48,311.41 MM
in the last five periods
MOJO Watch
Near term Operating Profit trend is negative

Operating Profit (VND MM)

Operating Profit Margin
Lowest at 6.39 %
in the last five periods
MOJO Watch
Company's profit margin has deteriorated

Operating Profit to Sales

Inventory Turnover Ratio
Lowest at 3.62 times
in the last five Semi-Annual periods
MOJO Watch
Company's pace of selling inventory has slowed

Inventory Turnover Ratio

Debtors Turnover Ratio
Lowest at 4.43 times
in the last five Semi-Annual periods
MOJO Watch
Company's pace of selling Debtors has slowed

Debtors Turnover Ratio

Non Operating Income
Highest at VND 1.29 MM
in the last five periods
MOJO Watch
Increased income from non business activities may not be sustainable

Non Operating income