ScoreWhy is Traphaco JSC ?
1
High Management Efficiency with a high ROE of 19.49%
2
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 98.15
3
Poor long term growth as Operating profit has grown by an annual rate 4.75% of over the last 5 years
4
Flat results in Sep 25
- DEBTORS TURNOVER RATIO(HY) Lowest at 6.66 times
- INTEREST(Q) Highest at VND 2,107.22 MM
5
With ROE of 15.63%, it has a expensive valuation with a 1.91 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 -7.14%, its profits have fallen by -1.7%
- At the current price, the company has a high dividend yield of 6
6
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -7.14% 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 ReportHow much should you hold?
- Overall Portfolio exposure to Traphaco JSC should be less than 10%
- Overall Portfolio exposure to Pharmaceuticals & Biotechnology should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Pharmaceuticals & Biotechnology)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Traphaco JSC for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Traphaco JSC
-100.0%
-0.66
19.21%
Vietnam VN Ho Chi Minh Index
43.03%
1.90
22.90%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
7.13%
EBIT Growth (5y)
4.75%
EBIT to Interest (avg)
98.15
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.27
Sales to Capital Employed (avg)
1.51
Tax Ratio
20.72%
Dividend Payout Ratio
80.16%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
40.79%
ROE (avg)
19.49%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
12
Industry P/E
Price to Book Value
1.91
EV to EBIT
7.76
EV to EBITDA
5.88
EV to Capital Employed
2.41
EV to Sales
0.92
PEG Ratio
NA
Dividend Yield
6.03%
ROCE (Latest)
30.99%
ROE (Latest)
15.63%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Mildly Bullish
Dow Theory
No Trend
No Trend
OBV
Mildly Bullish
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend4What is working for the Company
OPERATING CASH FLOW(Y)
Highest at VND 304,818.75 MM
RAW MATERIAL COST(Y)
Fallen by -12.59% (YoY
CASH AND EQV(HY)
Highest at VND 1,466,552.41 MM
-12What is not working for the Company
DEBTORS TURNOVER RATIO(HY)
Lowest at 6.66 times
INTEREST(Q)
Highest at VND 2,107.22 MM
Here's what is working for Traphaco JSC
Operating Cash Flow
Highest at VND 304,818.75 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (VND MM)
Cash and Eqv
Highest at VND 1,466,552.41 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Raw Material Cost
Fallen by -12.59% (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 Traphaco JSC
Interest
At VND 2,107.22 MM has Grown at 18.52%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (VND MM)
Interest
Highest at VND 2,107.22 MM
in the last five periods and Increased by 18.52% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (VND MM)
Debtors Turnover Ratio
Lowest at 6.66 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio
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