Truong Thanh Development & Construction Investment JSC () 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

Song Ba JSC

Sesan 4A HydroElectric JSC

PetroVietnam Power Nhon Trach 2 JSC

Truong Thanh Development & Construction Investment JSC

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Vietnam Power Development JSC

Southern Hydropower JSC

Central Hydropower JSC

Thac Mo Hydro Power JSC

Gia Lai Electricity JSC

Pha Lai Thermal Power JSC

Why is Truong Thanh Development & Construction Investment JSC ?

High Debt company with Weak Long Term Fundamental Strength

High Debt Company with a Debt to Equity ratio (avg) at times
The company has been able to generate a Return on Equity (avg) of 6.96% signifying low profitability per unit of shareholders funds

Below par performance in long term as well as near term

Along with generating -6.62% 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

Real-Time Research Report

Verdict Report

How much should you hold?

Overall Portfolio exposure to Truong Thanh Development & Construction Investment JSC should be less than 10%
Overall Portfolio exposure to Power should be less than 30%

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

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

Is Truong Thanh Development & Construction Investment JSC for you?

Low Risk, Low Return

Absolute

Risk Adjusted

Volatility

Truong Thanh Development & Construction Investment JSC

-0.27%

1.22

28.14%

Vietnam VN Ho Chi Minh Index

38.87%

1.90

22.90%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

17.23%

EBIT Growth (5y)

11.49%

EBIT to Interest (avg)

2.10

Debt to EBITDA (avg)

4.08

Net Debt to Equity (avg)

0.81

Sales to Capital Employed (avg)

0.17

Tax Ratio

6.84%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

9.24%

ROE (avg)

6.96%

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

0.84

EV to EBIT

9.58

EV to EBITDA

6.23

EV to Capital Employed

0.91

EV to Sales

5.13

PEG Ratio

1.49

Dividend Yield

0.80%

ROCE (Latest)

9.48%

ROE (Latest)

7.77%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

Mildly Bearish

RSI

No Signal

Bollinger Bands

Mildly Bearish

Bearish

Moving Averages

Bearish (Daily)

KST

Mildly Bearish

Dow Theory

No Trend

Mildly Bearish

OBV

Mildly Bearish

Bullish

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

23What is working for the Company

NET SALES(HY)

At VND 564,370.2 MM has Grown at 77.64%

NET PROFIT(HY)

Higher at VND 183,330.74 MM

ROCE(HY)

Highest at 12.85%

DEBT-EQUITY RATIO (HY)

Lowest at 63.5 %

RAW MATERIAL COST(Y)

Fallen by -1.87% (YoY

-9What is not working for the Company

NET SALES(Q)

At VND 172,288.9 MM has Fallen at -26.25%

OPERATING CASH FLOW(Y)

Lowest at VND 212,846.14 MM

INTEREST(HY)

At VND 93,308.03 MM has Grown at 41.38%

PRE-TAX PROFIT(Q)

At VND 63,298.14 MM has Fallen at -25.81%

NET PROFIT(Q)

At VND 53,919.66 MM has Fallen at -23.23%

Here's what is working for Truong Thanh Development & Construction Investment JSC

Debt-Equity Ratio

Lowest at 63.5 % and Grown

In each half year 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 -1.87% (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 Truong Thanh Development & Construction Investment JSC

Net Sales

At VND 172,288.9 MM has Fallen at -26.25%

over average net sales of the previous four periods of VND 233,625.32 MM

MOJO Watch

Near term sales trend is extremely negative

Net Sales (VND MM)

Interest

At VND 93,308.03 MM has Grown at 41.38%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (VND MM)

Operating Cash Flow

Lowest at VND 212,846.14 MM

in the last three years

MOJO Watch

The company's cash revenues from business operations are falling

Operating Cash Flows (VND MM)

Pre-Tax Profit

At VND 63,298.14 MM has Fallen at -25.81%

over average net sales of the previous four periods of VND 85,320.72 MM

MOJO Watch

Near term Pre-Tax Profit trend is negative

Pre-Tax Profit (VND MM)

Net Profit

At VND 53,919.66 MM has Fallen at -23.23%

over average net sales of the previous four periods of VND 70,239.33 MM

MOJO Watch

Near term Net Profit trend is negative

Net Profit (VND MM)