Viet Nam Ocean Shipping JSC (VOS) 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

MHC JSC

Superdong Fast Ferry Kien Giang JSC

Viet Nam Ocean Shipping JSC

PetroVietnam Transportation Corp.

Vietnam Tanker JSC

Sea & Air Freight International

Dinh Vu Port Investment & Development JSC

International Gas Product Shipping JSC

Vietnam Petroleum Transport JSC

Vietnam Container Shipping JSC

Vinaship JSC

Why is Viet Nam Ocean Shipping JSC ?

The company declared very negative results in Mar'25 after flat results in Dec'24

NET PROFIT(HY) At VND 141,984.69 MM has Grown at -47.36%
NET SALES(Q) At VND 849,712.76 MM has Fallen at -33.09%
OPERATING CASH FLOW(Y) Lowest at VND -121,572.24 MM

With ROE of -3.75%, it has a risky valuation with a 1.02 Price to Book Value

The stock is trading at a fair value compared to its peers' average historical valuations
Over the past year, while the stock has generated a return of 7.48%, its profits have fallen by -115.1%

Underperformed the market in the last 1 year

The stock has generated a return of 7.48% in the last 1 year, much lower than market (Vietnam VN Ho Chi Minh Index) returns of 43.59%

Real-Time Research Report

Verdict Report

How much should you hold?

Overall Portfolio exposure to Viet Nam Ocean Shipping JSC should be less than 10%
Overall Portfolio exposure to Transport Services should be less than 30%

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

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

Is Viet Nam Ocean Shipping JSC for you?

High Risk, Low Return

Absolute

Risk Adjusted

Volatility

Viet Nam Ocean Shipping JSC

-30.62%

-0.23

43.65%

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)

21.01%

EBIT Growth (5y)

10.38%

EBIT to Interest (avg)

-3.82

Debt to EBITDA (avg)

Net Debt is too low

Net Debt to Equity (avg)

-0.49

Sales to Capital Employed (avg)

1.95

Tax Ratio

17.50%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

16.09%

ROE (avg)

20.39%

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

0.92

EV to EBIT

-34.62

EV to EBITDA

5.43

EV to Capital Employed

0.91

EV to Sales

0.47

PEG Ratio

Dividend Yield

8.84%

ROCE (Latest)

-2.63%

ROE (Latest)

4.18%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

RSI

No Signal

Bollinger Bands

Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

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

18What is working for the Company

NET SALES(Q)

At VND 709,038.75 MM has Grown at 53.44%

PRE-TAX PROFIT(Q)

At VND 5,081.18 MM has Grown at 109.42%

NET PROFIT(Q)

At VND 4,328.2 MM has Grown at 108.04%

RAW MATERIAL COST(Y)

Fallen by -153.4% (YoY

-18What is not working for the Company

INTEREST(HY)

At VND 23,054.53 MM has Grown at 444.02%

OPERATING CASH FLOW(Y)

Lowest at VND -164,561.81 MM

NET SALES(9M)

At VND 2,514,644.88 MM has Grown at -18.06%

INTEREST COVERAGE RATIO(Q)

Lowest at 701.24

DEBT-EQUITY RATIO (HY)

Highest at -1.31 %

INVENTORY TURNOVER RATIO(HY)

Lowest at 26.06 times

Here's what is working for Viet Nam Ocean Shipping JSC

Net Sales

At VND 709,038.75 MM has Grown at 53.44%

Year on Year (YoY)

MOJO Watch

Near term sales trend is very positive

Net Sales (VND MM)

Pre-Tax Profit

At VND 5,081.18 MM has Grown at 109.42%

Year on Year (YoY)

MOJO Watch

Near term Pre-Tax Profit trend is very positive

Pre-Tax Profit (VND MM)

Net Profit

At VND 4,328.2 MM has Grown at 108.04%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is very positive

Net Profit (VND MM)

Raw Material Cost

Fallen by -153.4% (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 Viet Nam Ocean Shipping JSC

Interest

At VND 23,054.53 MM has Grown at 444.02%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (VND MM)

Operating Cash Flow

Lowest at VND -164,561.81 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)

Interest Coverage Ratio

Lowest at 701.24

in the last five periods

MOJO Watch

The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Debt-Equity Ratio

Highest at -1.31 %

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

Inventory Turnover Ratio

Lowest at 26.06 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling inventory has slowed

Inventory Turnover Ratio

Non Operating Income

Highest at VND 2.04 MM

in the last five periods

MOJO Watch

Increased income from non business activities may not be sustainable

Non Operating income