Vietnam Sun Corp. (VNS) 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

Tay Ninh Cable Car Tour JSC

Global Pacific Shipping JSC

Vietnam Sun Corp.

Phu Tho Tourist Service JSC

Saigon Passenger Transport Co. Ltd.

HoangHa JSC

Indochina Petroleum Transportation JSC

Why is Vietnam Sun Corp. ?

With a fall in Net Sales of -17.78%, the company declared Very Negative results in Sep 25

The company has declared negative results for the last 7 consecutive quarters
The company has declared negative results in Jun 23 after 3 consecutive negative quarters
NET SALES(HY) At VND 434,077.17 MM has Grown at -13.09%
ROCE(HY) Lowest at 5.13%
INVENTORY TURNOVER RATIO(HY) Lowest at 74.76 times

With ROE of 6.27%, it has a very expensive valuation with a 0.59 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 -10.05%, its profits have fallen by -28.4%

Consistent Underperformance against the benchmark over the last 3 years

Along with generating -10.05% returns in the last 1 year, the stock has also underperformed Vietnam VN Ho Chi Minh Index in each of the last 3 annual periods

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 Tour, Travel Related Services)

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

Is Vietnam Sun Corp. for you?

Low Risk, Low Return

Absolute

Risk Adjusted

Volatility

Vietnam Sun Corp.

-10.05%

-0.70

20.15%

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)

-12.76%

EBIT Growth (5y)

8.66%

EBIT to Interest (avg)

0.03

Debt to EBITDA (avg)

0.37

Net Debt to Equity (avg)

0.14

Sales to Capital Employed (avg)

0.74

Tax Ratio

5.97%

Dividend Payout Ratio

122.01%

Pledged Shares

Institutional Holding

ROCE (avg)

5.30%

ROE (avg)

6.72%

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

0.59

EV to EBIT

22.05

EV to EBITDA

3.25

EV to Capital Employed

0.64

EV to Sales

0.88

PEG Ratio

Dividend Yield

ROCE (Latest)

2.91%

ROE (Latest)

6.27%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

RSI

No Signal

Bollinger Bands

Bullish

Sideways

Moving Averages

Mildly Bearish (Daily)

KST

Mildly Bullish

Dow Theory

Mildly Bearish

No Trend

OBV

Mildly 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

1What is working for the Company

RAW MATERIAL COST(Y)

Fallen by -25.13% (YoY

-34What is not working for the Company

NET SALES(HY)

At VND 434,077.17 MM has Grown at -13.09%

ROCE(HY)

Lowest at 5.13%

INVENTORY TURNOVER RATIO(HY)

Lowest at 74.76 times

INTEREST COVERAGE RATIO(Q)

Lowest at 724.18

DEBT-EQUITY RATIO (HY)

Highest at 31.69 %

DEBTORS TURNOVER RATIO(HY)

Lowest at 8.01 times

INTEREST(Q)

Highest at VND 8,723.62 MM

PRE-TAX PROFIT(Q)

Lowest at VND 11,197.57 MM

NET PROFIT(Q)

Lowest at VND 9,234.35 MM

EPS(Q)

Lowest at VND 136.08

Here's what is working for Vietnam Sun Corp.

Raw Material Cost

Fallen by -25.13% (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 Vietnam Sun Corp.

Pre-Tax Profit

At VND 11,197.57 MM has Fallen at -41.39%

over average net sales of the previous four periods of VND 19,106.39 MM

MOJO Watch

Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (VND MM)

Net Profit

At VND 9,234.35 MM has Fallen at -46.62%

over average net sales of the previous four periods of VND 17,300.76 MM

MOJO Watch

Near term Net Profit trend is very negative

Net Profit (VND MM)

Interest Coverage Ratio

Lowest at 724.18

in the last five periods

MOJO Watch

The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Net Sales

At VND 434,077.17 MM has Grown at -13.09%

Year on Year (YoY)

MOJO Watch

Near term sales trend is negative

Net Sales (VND MM)

Inventory Turnover Ratio

Lowest at 74.76 times and Fallen

In each half year in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling inventory has slowed

Inventory Turnover Ratio

Interest

Highest at VND 8,723.62 MM

in the last five periods and Increased by 9.97% (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (VND MM)

Pre-Tax Profit

Lowest at VND 11,197.57 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 9,234.35 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is negative

Net Profit (VND MM)

EPS

Lowest at VND 136.08

in the last five periods

MOJO Watch

Declining profitability; company has created lower earnings for shareholders

EPS (VND)

Debt-Equity Ratio

Highest at 31.69 %

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

Debtors Turnover Ratio

Lowest at 8.01 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling Debtors has slowed

Debtors Turnover Ratio