Vietnam National Petroleum Corp. (PLX) 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

I.P.A Investments Group JSC

Vietnam National Petroleum Corp.

Viglacera Corp.

Everland Group JSC

Lizen JSC

Hanoi Investment General Corp.

Vinacomin-Northern Coal Trading JSC

Southern Gas Trading JSC

City Auto Corp.

SMC Investment Trading JSC

Nam Song Hau Trading Investing Petroleum JSC

Why is Vietnam National Petroleum Corp. ?

Company has a low Debt to Equity ratio (avg) at times

The company has declared Negative results for the last 3 consecutive quarters

INTEREST(HY) At VND 641,328.02 MM has Grown at 32.81%
INTEREST COVERAGE RATIO(Q) Lowest at 216.98
DIVIDEND PAYOUT RATIO(Y) Lowest at 0%

With ROE of 9.27%, it has a expensive valuation with a 1.70 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 33.56%, its profits have fallen by -40.5%
At the current price, the company has a high dividend yield of 3.6

Underperformed the market in the last 1 year

The stock has generated a return of 33.56% 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 Vietnam National Petroleum Corp. should be less than 10%
Overall Portfolio exposure to Trading & Distributors should be less than 30%

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

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

Is Vietnam National Petroleum Corp. for you?

Medium Risk, Low Return

Absolute

Risk Adjusted

Volatility

Vietnam National Petroleum Corp.

33.56%

0.96

39.07%

Vietnam VN Ho Chi Minh Index

43.59%

1.93

22.62%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

16.11%

EBIT Growth (5y)

25.54%

EBIT to Interest (avg)

2.40

Debt to EBITDA (avg)

Net Debt to Equity (avg)

-0.38

Sales to Capital Employed (avg)

6.39

Tax Ratio

22.17%

Dividend Payout Ratio

67.91%

Pledged Shares

Institutional Holding

ROCE (avg)

10.71%

ROE (avg)

9.51%

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

1.70

EV to EBIT

21.21

EV to EBITDA

9.82

EV to Capital Employed

1.91

EV to Sales

0.13

PEG Ratio

Dividend Yield

3.58%

ROCE (Latest)

9.01%

ROE (Latest)

9.27%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

Bearish

Bollinger Bands

Bullish

Mildly Bullish

Moving Averages

Bullish (Daily)

KST

Bullish

Dow Theory

Mildly Bearish

No Trend

OBV

No Trend

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

8What is working for the Company

NET PROFIT(HY)

At VND 1,196,352.4 MM has Grown at 95.69%

CASH AND EQV(HY)

Highest at VND 58,734,663.94 MM

INVENTORY TURNOVER RATIO(HY)

Highest at 19.79 times

-11What is not working for the Company

INTEREST(HY)

At VND 641,328.02 MM has Grown at 32.81%

INTEREST COVERAGE RATIO(Q)

Lowest at 216.98

DIVIDEND PAYOUT RATIO(Y)

Lowest at 0%

DIVIDEND PER SHARE(HY)

Lowest at VND 21.01

OPERATING PROFIT(Q)

Lowest at VND 561,364.26 MM

OPERATING PROFIT MARGIN(Q)

Lowest at 0.69 %

EPS(Q)

Lowest at VND 0

Here's what is working for Vietnam National Petroleum Corp.

Net Profit

At VND 1,196,352.4 MM has Grown at 95.69%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is very positive

Net Profit (VND MM)

Cash and Eqv

Highest at VND 58,734,663.94 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Inventory Turnover Ratio

Highest at 19.79 times

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its inventory faster

Inventory Turnover Ratio

Here's what is not working for Vietnam National Petroleum Corp.

Interest Coverage Ratio

Lowest at 216.98

in the last five periods

MOJO Watch

The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Interest

At VND 641,328.02 MM has Grown at 32.81%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (VND MM)

Operating Profit

Lowest at VND 561,364.26 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is negative

Operating Profit (VND MM)

Operating Profit Margin

Lowest at 0.69 %

in the last five periods

MOJO Watch

Company's profit margin has deteriorated

Operating Profit to Sales

EPS

Lowest at VND 0

in the last five periods

MOJO Watch

Declining profitability; company has created lower earnings for shareholders

EPS (VND)

Dividend per share

Lowest at VND 21.01

in the last five years

MOJO Watch

Company is distributing lower dividend than previous years

DPS (VND)

Dividend Payout Ratio

Lowest at 0%

in the last five years

MOJO Watch

Company is distributing lower proportion of profits generated as dividend

DPR (%)