ScoreWhy is VietinBank Securities JSC ?
1
Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 10.76%
- Healthy long term growth as Net Sales has grown by an annual rate of %
2
Flat results in Dec 25
- NET SALES(Q) At VND 295,614.32 MM has Fallen at -18.36%
- INTEREST COVERAGE RATIO(Q) Lowest at 123.44
- RAW MATERIAL COST(Y) Grown by 14.76% (YoY)
3
With ROE of 3.87%, it has a expensive valuation with a 3.80 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 29.37%, its profits have fallen by 0% ; the PEG ratio of the company is 0.3
4
Underperformed the market in the last 1 year
- The stock has generated a return of 29.37% in the last 1 year, much lower than market (Vietnam VN Ho Chi Minh Index) returns of 43.59%
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to VietinBank Securities JSC should be less than 10%
- Overall Portfolio exposure to Capital Markets should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Capital Markets)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is VietinBank Securities JSC for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
VietinBank Securities JSC
29.37%
0.03
52.56%
Vietnam VN Ho Chi Minh Index
43.59%
1.93
22.62%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
0.00%
EBIT Growth (5y)
0.00%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
14.98%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
17.96%
ROE (avg)
10.76%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
98
Industry P/E
Price to Book Value
3.80
EV to EBIT
32.00
EV to EBITDA
6.70
EV to Capital Employed
-0.96
EV to Sales
4.60
PEG Ratio
0.33
Dividend Yield
0.16%
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
3.87%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend23What is working for the Company
NET PROFIT(HY)
At VND 295,657.75 MM has Grown at 166.71%
OPERATING CASH FLOW(Y)
Highest at VND 1,551,161.89 MM
NET SALES(HY)
At VND 756,166.24 MM has Grown at 79.75%
ROCE(HY)
Highest at 22.61%
CASH AND EQV(HY)
Highest at VND 13,404,121.22 MM
DEBTORS TURNOVER RATIO(HY)
Highest at 12 times
-23What is not working for the Company
NET SALES(Q)
At VND 295,614.32 MM has Fallen at -18.36%
INTEREST COVERAGE RATIO(Q)
Lowest at 123.44
RAW MATERIAL COST(Y)
Grown by 14.76% (YoY
INTEREST(Q)
Highest at VND 118,871.89 MM
PRE-TAX PROFIT(Q)
Lowest at VND 26,853.73 MM
NET PROFIT(Q)
Lowest at VND 25,141.48 MM
EPS(Q)
Lowest at VND 0
Here's what is working for VietinBank Securities JSC
Operating Cash Flow
Highest at VND 1,551,161.89 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)
Cash and Eqv
Highest at VND 13,404,121.22 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Debtors Turnover Ratio
Highest at 12 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Depreciation
Highest at VND 2,409.08 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (VND MM)
Here's what is not working for VietinBank Securities JSC
Net Sales
At VND 295,614.32 MM has Fallen at -18.36%
over average net sales of the previous four periods of VND 362,076.3 MMMOJO Watch
Near term sales trend is extremely negative
Net Sales (VND MM)
Pre-Tax Profit
At VND 26,853.73 MM has Fallen at -85.89%
over average net sales of the previous four periods of VND 190,268.92 MMMOJO Watch
Near term Pre-Tax Profit trend is very negative
Pre-Tax Profit (VND MM)
Net Profit
At VND 25,141.48 MM has Fallen at -83.52%
over average net sales of the previous four periods of VND 152,599.57 MMMOJO Watch
Near term Net Profit trend is very negative
Net Profit (VND MM)
Interest
At VND 118,871.89 MM has Grown at 25.71%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (VND MM)
Interest Coverage Ratio
Lowest at 123.44
in the last five periodsMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Interest
Highest at VND 118,871.89 MM
in the last five periods and Increased by 25.71% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (VND MM)
Pre-Tax Profit
Lowest at VND 26,853.73 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is negative
Pre-Tax Profit (VND MM)
Net Profit
Lowest at VND 25,141.48 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is negative
Net Profit (VND MM)
EPS
Lowest at VND 0
in the last five periodsMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (VND)
Raw Material Cost
Grown by 14.76% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin
Raw Material Cost as a percentage of Sales
Non Operating Income
Highest at VND 0.05 MM
in the last five periodsMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating income
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
GET THE MARKETSMOJO APP
Company
Stocks
Portfolio
"Investment in securities markets are subject to market risk. Read all the related documents carefully before investing."
