Thanh Cong Textile Garment Investment Trading JSC (TCM) 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

Damsan JSC

Siam Brothers Vietnam JSC

Mirae JSC

Thanh Cong Textile Garment Investment Trading JSC

Viet Phat Import Export Trading Investment JSC

Century Synthetic Fiber Corp.

Hanoi Textile & Garment JSC

Duc Quan Investment & Development JSC

Why is Thanh Cong Textile Garment Investment Trading JSC ?

With ROE of 12.16%, it has a expensive valuation with a 1.26 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 -36.01%, its profits have risen by 44.8% ; the PEG ratio of the company is 0.5

Consistent Underperformance against the benchmark over the last 3 years

Along with generating -36.01% returns in the last 1 year, the stock has also underperformed Vietnam VN Ho Chi Minh Index in each of the last 3 annual periods

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 Garments & Apparels)

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

Is Thanh Cong Textile Garment Investment Trading JSC for you?

Low Risk, Low Return

Absolute

Risk Adjusted

Volatility

Thanh Cong Textile Garment Investment Trading JSC

-36.01%

-1.30

32.02%

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)

0.76%

EBIT Growth (5y)

-0.28%

EBIT to Interest (avg)

8.45

Debt to EBITDA (avg)

0.48

Net Debt to Equity (avg)

-0.03

Sales to Capital Employed (avg)

1.26

Tax Ratio

20.50%

Dividend Payout Ratio

19.63%

Pledged Shares

Institutional Holding

ROCE (avg)

13.93%

ROE (avg)

10.27%

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

1.26

EV to EBIT

8.23

EV to EBITDA

6.09

EV to Capital Employed

1.27

EV to Sales

0.74

PEG Ratio

0.53

Dividend Yield

1.43%

ROCE (Latest)

15.38%

ROE (Latest)

12.16%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

Bearish

RSI

No Signal

Bollinger Bands

Mildly Bearish

Bearish

Moving Averages

Bearish (Daily)

KST

Mildly Bullish

Bearish

Dow Theory

Mildly Bearish

No Trend

OBV

No Trend

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 2,110,801.95 MM

-17What is not working for the Company

INTEREST(HY)

At VND 23,296.86 MM has Grown at 115.1%

OPERATING CASH FLOW(Y)

Lowest at VND 18,966.96 MM

DEBTORS TURNOVER RATIO(HY)

Lowest at 5.99 times

NET SALES(Q)

At VND 902,366.98 MM has Fallen at -7.77%

OPERATING PROFIT(Q)

Lowest at VND 95,490.56 MM

OPERATING PROFIT MARGIN(Q)

Lowest at 10.58 %

PRE-TAX PROFIT(Q)

Lowest at VND 78,248.86 MM

NET PROFIT(Q)

Lowest at VND 55,703.96 MM

EPS(Q)

Lowest at VND 508.58

Here's what is working for Thanh Cong Textile Garment Investment Trading JSC

Cash and Eqv

Highest at VND 2,110,801.95 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 Thanh Cong Textile Garment Investment Trading JSC

Interest

At VND 23,296.86 MM has Grown at 115.1%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (VND MM)

Debtors Turnover Ratio

Lowest at 5.99 times and Fallen

In each half year in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling Debtors has slowed

Debtors Turnover Ratio

Operating Cash Flow

Lowest at VND 18,966.96 MM

in the last three years

MOJO Watch

The company's cash revenues from business operations are falling

Operating Cash Flows (VND MM)

Net Sales

At VND 902,366.98 MM has Fallen at -7.77%

over average net sales of the previous four periods of VND 978,375.78 MM

MOJO Watch

Near term sales trend is negative

Net Sales (VND MM)

Operating Profit

Lowest at VND 95,490.56 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is negative

Operating Profit (VND MM)

Operating Profit Margin

Lowest at 10.58 %

in the last five periods

MOJO Watch

Company's profit margin has deteriorated

Operating Profit to Sales

Pre-Tax Profit

Lowest at VND 78,248.86 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 55,703.96 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is negative

Net Profit (VND MM)

EPS

Lowest at VND 508.58

in the last five periods

MOJO Watch

Declining profitability; company has created lower earnings for shareholders

EPS (VND)

Non Operating Income

Highest at VND 0.29 MM

in the last five periods

MOJO Watch

Increased income from non business activities may not be sustainable

Non Operating income