Why is Vinalink International Freight Forwarders ?
1
Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 15.59%
- Company has very low debt and has enough cash to service the debt requirements
2
With ROE of 17.99%, it has a very attractive valuation with a 0.00 Price to Book Value
- Over the past year, while the stock has generated a return of -6.05%, its profits have risen by 54.7%
How much should you buy?
- Overall Portfolio exposure to Vinalink International Freight Forwarders should be less than 10%
- Overall Portfolio exposure to Airline should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Airline)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Vinalink International Freight Forwarders for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Vinalink International Freight Forwarders
-6.05%
1.33
26.47%
Vietnam VN Ho Chi Minh Index
43.59%
1.93
22.62%
Quality key factors
Factor
Value
Sales Growth (5y)
3.57%
EBIT Growth (5y)
26.05%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-0.25
Sales to Capital Employed (avg)
3.37
Tax Ratio
23.12%
Dividend Payout Ratio
47.64%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
18.48%
ROE (avg)
15.59%
Valuation Key Factors 
Factor
Value
P/E Ratio
Industry P/E
Price to Book Value
NA
EV to EBIT
-1.28
EV to EBITDA
-1.22
EV to Capital Employed
-0.30
EV to Sales
-0.06
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
17.99%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
No Trend
No Trend
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
11What is working for the Company
OPERATING CASH FLOW(Y)
Highest at VND 43,159.38 MM
ROCE(HY)
Highest at 18.78%
RAW MATERIAL COST(Y)
Fallen by 1.67% (YoY
NET PROFIT(9M)
Higher at VND 47,460.07 MM
NET SALES(Q)
Highest at VND 376,992.78 MM
OPERATING PROFIT(Q)
Highest at VND 17,558.97 MM
-10What is not working for the Company
INTEREST COVERAGE RATIO(Q)
Lowest at 459.48
INTEREST(Q)
Highest at VND 3,821.49 MM
Here's what is working for Vinalink International Freight Forwarders
Net Profit
At VND 47,460.07 MM has Grown at 35.53%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is positive
Net Profit (VND MM)
Operating Cash Flow
Highest at VND 43,159.38 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (VND MM)
Net Sales
Highest at VND 376,992.78 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (VND MM)
Net Sales
At VND 376,992.78 MM has Grown at 18.36%
over average net sales of the previous four periods of VND 318,519.41 MMMOJO Watch
Near term sales trend is positive
Net Sales (VND MM)
Operating Profit
Highest at VND 17,558.97 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (VND MM)
Net Profit
Higher at VND 47,460.07 MM
than preceding 12 month period ended Sep 2025MOJO Watch
In the nine month period the company has already crossed sales of the previous twelve months
Net Profit (VND MM)
Raw Material Cost
Fallen by 1.67% (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 Vinalink International Freight Forwarders
Interest Coverage Ratio
Lowest at 459.48 and Fallen
In each period in the last five periodsMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Interest
At VND 3,821.49 MM has Grown at 74.85%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (VND MM)
Interest
Highest at VND 3,821.49 MM
in the last five periods and Increased by 74.85% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (VND MM)






