ScoreWhy is Tien Phong Plastics JSC ?
1
High Management Efficiency with a high ROCE of 22.60%
2
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 7.88
3
Poor long term growth as Net Sales has grown by an annual rate of 8.03% and Operating profit at 14.15% over the last 5 years
4
Positive results in Mar 26
- OPERATING CASH FLOW(Y) Highest at VND 1,329,727.09 MM
- DEBT-EQUITY RATIO (HY) Lowest at -33.67 %
- INVENTORY TURNOVER RATIO(HY) Highest at 4.47 times
5
With ROE of 24.48%, it has a expensive valuation with a 2.45 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 -16.40%, its profits have risen by 23.5% ; the PEG ratio of the company is 3.5
- At the current price, the company has a high dividend yield of 4.3
6
Company is among the highest 1% of companies rated by MarketsMojo across all 4,000 stocks
7
Underperformed the market in the last 1 year
- Even though the market (Vietnam VN Ho Chi Minh Index) has generated returns of 16.45% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -16.40% returns
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Tien Phong Plastics 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 Tien Phong Plastics JSC for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
Tien Phong Plastics JSC
-16.4%
-0.32
33.36%
Vietnam VN Ho Chi Minh Index
16.45%
0.77
21.41%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
8.03%
EBIT Growth (5y)
14.15%
EBIT to Interest (avg)
8.22
Debt to EBITDA (avg)
0.57
Net Debt to Equity (avg)
-0.17
Sales to Capital Employed (avg)
1.16
Tax Ratio
16.86%
Dividend Payout Ratio
57.42%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
29.34%
ROE (avg)
17.51%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
10
Industry P/E
Price to Book Value
2.45
EV to EBIT
7.36
EV to EBITDA
6.56
EV to Capital Employed
3.18
EV to Sales
1.28
PEG Ratio
3.46
Dividend Yield
4.30%
ROCE (Latest)
43.17%
ROE (Latest)
24.48%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
No Trend
No Trend
OBV
No Trend
Mildly Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend12What is working for the Company
OPERATING CASH FLOW(Y)
Highest at VND 1,329,727.09 MM
DEBT-EQUITY RATIO
(HY)
Lowest at -33.67 %
INVENTORY TURNOVER RATIO(HY)
Highest at 4.47 times
DEBTORS TURNOVER RATIO(HY)
Highest at 12.79 times
RAW MATERIAL COST(Y)
Fallen by -6.13% (YoY
CASH AND EQV(HY)
Highest at VND 5,801,067.18 MM
OPERATING PROFIT MARGIN(Q)
Highest at 20.99 %
-2What is not working for the Company
NET SALES(Q)
At VND 1,478,121.9 MM has Fallen at -12.42%
Here's what is working for Tien Phong Plastics JSC
Operating Cash Flow
Highest at VND 1,329,727.09 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (VND MM)
Debt-Equity Ratio
Lowest at -33.67 % and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Inventory Turnover Ratio
Highest at 4.47 times and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Debtors Turnover Ratio
Highest at 12.79 times and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Operating Profit Margin
Highest at 20.99 %
in the last five periodsMOJO Watch
Company's profit margin has improved
Operating Profit to Sales
Cash and Eqv
Highest at VND 5,801,067.18 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Raw Material Cost
Fallen by -6.13% (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
Depreciation
At VND 36,882.7 MM has Grown at inf%
period on period (QoQ)MOJO Watch
The expenditure on assets done by the company has gone into productive use which should positively reflect in the future sales
Depreciation (VND MM)
Here's what is not working for Tien Phong Plastics JSC
Net Sales
At VND 1,478,121.9 MM has Fallen at -12.42%
over average net sales of the previous four periods of VND 1,687,706.16 MMMOJO Watch
Near term sales trend is very negative
Net Sales (VND MM)
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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