Thong Nhat JSC (BAX) 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

Thong Nhat JSC

Why is Thong Nhat JSC ?

OPERATING CASH FLOW(Y) Highest at VND 57,813.49 MM
NET SALES(HY) At VND 50,758.2 MM has Grown at 38.88%
NET PROFIT(HY) At VND 17,816.4 MM has Grown at 49.05%

With ROE of 13.74%, it has a expensive valuation with a 0.00 Price to Book Value

Over the past year, while the stock has generated a return of -11.11%, its profits have risen by 6%

Consistent Underperformance against the benchmark over the last 3 years

Along with generating -11.11% 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 hold?

Overall Portfolio exposure to Thong Nhat JSC should be less than 10%
Overall Portfolio exposure to Miscellaneous should be less than 30%

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

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

Is Thong Nhat JSC for you?

Low Risk, Low Return

Absolute

Risk Adjusted

Volatility

Thong Nhat JSC

-11.11%

-0.63

30.71%

Vietnam VN Ho Chi Minh Index

43.89%

2.03

21.59%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

-18.76%

EBIT Growth (5y)

-27.26%

EBIT to Interest (avg)

100.00

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

-1.08

Sales to Capital Employed (avg)

0.37

Tax Ratio

21.73%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

ROE (avg)

25.86%

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

EV to EBIT

-9.20

EV to EBITDA

-6.31

EV to Capital Employed

10.03

EV to Sales

-2.51

PEG Ratio

Dividend Yield

ROCE (Latest)

-109.06%

ROE (Latest)

13.74%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

Mildly Bullish

RSI

Bearish

No Signal

Bollinger Bands

Mildly Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Mildly Bullish

Dow Theory

Bearish

No Trend

OBV

Mildly Bearish

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

16What is working for the Company

OPERATING CASH FLOW(Y)

Highest at VND 57,813.49 MM

NET SALES(HY)

At VND 50,758.2 MM has Grown at 38.88%

NET PROFIT(HY)

At VND 17,816.4 MM has Grown at 49.05%

ROCE(HY)

Highest at 16.55%

-6What is not working for the Company

INVENTORY TURNOVER RATIO(HY)

Lowest at 0.86 times

RAW MATERIAL COST(Y)

Grown by 5.92% (YoY

DEBT-EQUITY RATIO (HY)

Highest at 0 %

DIVIDEND PER SHARE(HY)

Lowest at VND 7.91

EPS(Q)

Lowest at VND 0

Here's what is working for Thong Nhat JSC

Operating Cash Flow

Highest at VND 57,813.49 MM and Grown

In each year in the last three years

MOJO Watch

The company has generated higher cash revenues from business operations

Operating Cash Flows (VND MM)

Net Sales

At VND 50,758.2 MM has Grown at 38.88%

Year on Year (YoY)

MOJO Watch

Near term sales trend is positive

Net Sales (VND MM)

Net Profit

At VND 17,816.4 MM has Grown at 49.05%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is positive

Net Profit (VND MM)

Here's what is not working for Thong Nhat JSC

Inventory Turnover Ratio

Lowest at 0.86 times and Fallen

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

MOJO Watch

Company's pace of selling inventory has slowed

Inventory Turnover Ratio

EPS

Lowest at VND 0

in the last five periods

MOJO Watch

Declining profitability; company has created lower earnings for shareholders

EPS (VND)

Debt-Equity Ratio

Highest at 0 %

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

Dividend per share

Lowest at VND 7.91

in the last five years

MOJO Watch

Company is distributing lower dividend than previous years

DPS (VND)

Raw Material Cost

Grown by 5.92% (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