Truong Thanh Furniture Corp. (TTF) 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

Phu Tai Corp.

Everpia JSC

Savimex Corp.

Truong Thanh Furniture Corp.

BKG Vietnam Investment JSC

Dai Chau JSC

Why is Truong Thanh Furniture Corp. ?

High Debt Company with a Debt to Equity ratio (avg) at times

Poor long term growth as Operating profit has grown by an annual rate 10.96% of over the last 5 years
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 2.65% signifying low profitability per unit of shareholders funds

Poor long term growth as Operating profit has grown by an annual rate 10.96% of over the last 5 years

With ROE of 9.33%, it has a very expensive valuation with a 2.92 Price to Book Value

The stock is trading at a discount compared to its peers' average historical valuations
Over the past year, while the stock has generated a return of -9.32%, its profits have fallen by -29.7%

Below par performance in long term as well as near term

Along with generating -9.32% 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 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 Furniture, Home Furnishing)

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

Is Truong Thanh Furniture Corp. for you?

Medium Risk, Low Return

Absolute

Risk Adjusted

Volatility

Truong Thanh Furniture Corp.

-38.26%

-0.80

40.39%

Vietnam VN Ho Chi Minh Index

16.45%

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)

-0.37%

EBIT Growth (5y)

-263.86%

EBIT to Interest (avg)

-0.18

Debt to EBITDA (avg)

603.34

Net Debt to Equity (avg)

0.64

Sales to Capital Employed (avg)

1.51

Tax Ratio

32.23%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

4.50%

ROE (avg)

2.65%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

Price to Book Value

2.93

EV to EBIT

-22.20

EV to EBITDA

147.98

EV to Capital Employed

1.78

EV to Sales

0.99

PEG Ratio

Dividend Yield

ROCE (Latest)

-8.02%

ROE (Latest)

-9.19%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

RSI

No Signal

Bollinger Bands

Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Mildly Bullish

Dow Theory

Mildly Bearish

OBV

No Trend

Mildly Bearish

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

12What is working for the Company

NET SALES(Q)

At VND 284,250.27 MM has Grown at 59.07%

RAW MATERIAL COST(Y)

Fallen by -40.08% (YoY

INVENTORY TURNOVER RATIO(HY)

Highest at 2.8 times

DEBTORS TURNOVER RATIO(HY)

Highest at 2.21 times

-24What is not working for the Company

OPERATING CASH FLOW(Y)

Lowest at VND -213,655.4 MM

ROCE(HY)

Lowest at -8.59%

DEBT-EQUITY RATIO (HY)

Highest at 147.12 %

OPERATING PROFIT(Q)

Lowest at VND -29,247.19 MM

PRE-TAX PROFIT(Q)

Lowest at VND -60,485.08 MM

NET PROFIT(Q)

Lowest at VND -60,163.01 MM

EPS(Q)

Lowest at VND -146.32

Here's what is working for Truong Thanh Furniture Corp.

Net Sales

At VND 284,250.27 MM has Grown at 59.07%

Year on Year (YoY)

MOJO Watch

Near term sales trend is very positive

Net Sales (VND MM)

Inventory Turnover Ratio

Highest at 2.8 times

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its inventory faster

Inventory Turnover Ratio

Debtors Turnover Ratio

Highest at 2.21 times

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Raw Material Cost

Fallen by -40.08% (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 Furniture Corp.

Pre-Tax Profit

At VND -60,485.08 MM has Fallen at -4,068.29%

Year on Year (YoY)

MOJO Watch

Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (VND MM)

Net Profit

At VND -60,163.01 MM has Fallen at -1,689.64%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is very negative

Net Profit (VND MM)

Operating Cash Flow

Lowest at VND -213,655.4 MM and Fallen

In each year in the last three years

MOJO Watch

The company's cash revenues from business operations are falling

Operating Cash Flows (VND MM)

Operating Profit

Lowest at VND -29,247.19 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is negative

Operating Profit (VND MM)

Pre-Tax Profit

Lowest at VND -60,485.08 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 -60,163.01 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is negative

Net Profit (VND MM)

EPS

Lowest at VND -146.32

in the last five periods

MOJO Watch

Declining profitability; company has created lower earnings for shareholders

EPS (VND)

Debt-Equity Ratio

Highest at 147.12 %

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