Vimeco JSC (VMC) 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

Binh Duong Mineral & Construction JSC

Nui Nho Stone JSC

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VICEM Materials Transport Cement JSC

BimSon Cement JSC

VICEM Hoang Mai Cement JSC

VICEM But Son Cement JSC

CIC39 Corp.

Petrolimex Petrochemical JSC

Vimeco JSC

Vicem Ha Tien Cement JSC

Why is Vimeco JSC ?

The company is Net-Debt Free

Poor long term growth as Net Sales has grown by an annual rate of 0.75% and Operating profit at 28.51% over the last 5 years
The company is Net-Debt Free
The company has been able to generate a Return on Equity (avg) of 1.22% signifying low profitability per unit of shareholders funds

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

OPERATING CASH FLOW(Y) Lowest at VND -43,810.77 MM
INTEREST(Q) At VND 8,666.41 MM has Grown at 93,039.86%
CASH AND EQV(HY) Lowest at VND 195,354.46 MM

With ROE of 0.58%, it has a fair valuation with a 0.40 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 -38.81%, its profits have fallen by -6.1%

Consistent Underperformance against the benchmark over the last 3 years

Along with generating -38.81% 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 Building Products)

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

Is Vimeco JSC for you?

Medium Risk, Low Return

Absolute

Risk Adjusted

Volatility

Vimeco JSC

-38.81%

-1.04

40.49%

Vietnam VN Ho Chi Minh Index

38.87%

1.81

21.48%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

0.75%

EBIT Growth (5y)

28.51%

EBIT to Interest (avg)

0.98

Debt to EBITDA (avg)

5.06

Net Debt to Equity (avg)

1.40

Sales to Capital Employed (avg)

1.13

Tax Ratio

61.79%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

4.20%

ROE (avg)

1.22%

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

0.40

EV to EBIT

16.40

EV to EBITDA

10.39

EV to Capital Employed

0.74

EV to Sales

0.72

PEG Ratio

Dividend Yield

ROCE (Latest)

4.54%

ROE (Latest)

0.58%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

RSI

No Signal

Bollinger Bands

Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Dow Theory

Mildly Bullish

Bearish

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

4What is working for the Company

NET PROFIT(HY)

At VND 587.85 MM has Grown at 109.25%

RAW MATERIAL COST(Y)

Fallen by -1.42% (YoY

-25What is not working for the Company

OPERATING CASH FLOW(Y)

Lowest at VND -43,810.77 MM

INTEREST(Q)

At VND 8,666.41 MM has Grown at 93,039.86%

CASH AND EQV(HY)

Lowest at VND 195,354.46 MM

INVENTORY TURNOVER RATIO(HY)

Lowest at 2.33 times

DEBTORS TURNOVER RATIO(HY)

Lowest at 1.89 times

NET SALES(Q)

Lowest at VND 105,716.58 MM

PRE-TAX PROFIT(Q)

Lowest at VND 217.49 MM

NET PROFIT(Q)

Lowest at VND 163.04 MM

EPS(Q)

Lowest at VND 5.67

Here's what is working for Vimeco JSC

Raw Material Cost

Fallen by -1.42% (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 Vimeco JSC

Pre-Tax Profit

At VND 217.49 MM has Fallen at -65.12%

Year on Year (YoY)

MOJO Watch

Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (VND MM)

Net Profit

At VND 163.04 MM has Fallen at -56.04%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is very negative

Net Profit (VND MM)

Interest

At VND 8,666.41 MM has Grown at 93,039.86%

period on period (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (VND MM)

Operating Cash Flow

Lowest at VND -43,810.77 MM

in the last three years

MOJO Watch

The company's cash revenues from business operations are falling

Operating Cash Flows (VND MM)

Net Sales

Lowest at VND 105,716.58 MM

in the last five periods

MOJO Watch

Near term sales trend is negative

Net Sales (VND MM)

Pre-Tax Profit

Lowest at VND 217.49 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 163.04 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is negative

Net Profit (VND MM)

EPS

Lowest at VND 5.67

in the last five periods

MOJO Watch

Declining profitability; company has created lower earnings for shareholders

EPS (VND)

Cash and Eqv

Lowest at VND 195,354.46 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is deteriorating

Cash and Cash Equivalents

Inventory Turnover Ratio

Lowest at 2.33 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling inventory has slowed

Inventory Turnover Ratio

Debtors Turnover Ratio

Lowest at 1.89 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling Debtors has slowed

Debtors Turnover Ratio