LSE:VOF

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VinaCapital Vietnam Opportunity Fund

Executive Summary

VinaCapital Vietnam Opportunity Fund Limited specializes in private equity investments. More Details

Rewards


Snowflake Analysis

Share Price & News

How has VinaCapital Vietnam Opportunity Fund's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: VOF has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.8%

VOF

1.0%

GB Capital Markets

0.08%

GB Market


1 Year Return

-5.1%

VOF

0.7%

GB Capital Markets

-13.9%

GB Market

Return vs Industry: VOF underperformed the UK Capital Markets industry which returned 0.7% over the past year.

Return vs Market: VOF exceeded the UK Market which returned -13.9% over the past year.


Shareholder returns

VOFIndustryMarket
7 Day-1.8%1.0%0.08%
30 Day0.5%0.3%0.4%
90 Day-2.1%4.7%-1.5%
1 Year-2.3%-5.1%4.0%0.7%-10.4%-13.9%
3 Year19.1%10.2%28.5%13.2%-4.3%-16.0%
5 Yearn/a75.5%44.1%23.0%-4.6%

Price Volatility Vs. Market

How volatile is VinaCapital Vietnam Opportunity Fund's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is VinaCapital Vietnam Opportunity Fund undervalued compared to its fair value and its price relative to the market?

20.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: VOF (£3.27) is trading below our estimate of fair value (£4.09)

Significantly Below Fair Value: VOF is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: VOF is poor value based on its PE Ratio (274.3x) compared to the GB Capital Markets industry average (16.6x).

PE vs Market: VOF is poor value based on its PE Ratio (274.3x) compared to the UK market (17.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate VOF's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: VOF is good value based on its PB Ratio (0.8x) compared to the GB Capital Markets industry average (1.1x).

Future Growth

How is VinaCapital Vietnam Opportunity Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.6%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as VinaCapital Vietnam Opportunity Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has VinaCapital Vietnam Opportunity Fund performed over the past 5 years?

-4.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VOF has a large one-off loss of $49.9M impacting its December 31 2019 financial results.

Growing Profit Margin: VOF became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: VOF's earnings have declined by 4% per year over the past 5 years.

Accelerating Growth: VOF has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: VOF has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (1.8%).


Return on Equity

High ROE: VOF's Return on Equity (0.3%) is considered low.

Financial Health

How is VinaCapital Vietnam Opportunity Fund's financial position?


Financial Position Analysis

Short Term Liabilities: VOF's short term assets ($928.5M) exceed its short term liabilities ($3.1M).

Long Term Liabilities: VOF has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: VOF is debt free.

Reducing Debt: VOF had no debt 5 years ago.

Debt Coverage: VOF has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: VOF has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Dividend

What is VinaCapital Vietnam Opportunity Fund current dividend yield, its reliability and sustainability?

2.60%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: VOF's dividend (2.6%) is higher than the bottom 25% of dividend payers in the UK market (1.86%).

High Dividend: VOF's dividend (2.6%) is low compared to the top 25% of dividend payers in the UK market (5.14%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, VOF has been paying a dividend for less than 10 years.

Growing Dividend: VOF's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (713.5%), VOF's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Management

How experienced are the management team and are they aligned to shareholders interests?

6.5yrs

Average board tenure


CEO

VinaCapital Vietnam Opportunity Fund has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Steven Andrew Bates
Independent Non-Executive Chairman7.33yrsUS$90.00k0.014%
$ 81.6k
Kathryn Matthews
Independent Non-Executive Directorno datano data0.0055%
$ 30.9k
Huw Evans
Independent Non-Executive Director4.33yrsno data0.020%
$ 114.3k
Thuy Dam
Independent Non-Executive Director6.5yrsUS$19.00kno data
Julian Rupert Healy
Independent Non-Executive Directorno datano data0.0087%
$ 49.0k

6.5yrs

Average Tenure

60yo

Average Age

Experienced Board: VOF's board of directors are considered experienced (6.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

VinaCapital Vietnam Opportunity Fund Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: VinaCapital Vietnam Opportunity Fund Limited
  • Ticker: VOF
  • Exchange: LSE
  • Founded: 2003
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: UK£564.131m
  • Shares outstanding: 172.78m
  • Website: https://vof.vinacapital.com/fund-information/

Number of Employees


Location

  • VinaCapital Vietnam Opportunity Fund Limited
  • 17th Floor
  • Sun Wah Tower
  • Ho Chi Minh
  • Vietnam

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VOFLSE (London Stock Exchange)YesOrdinary SharesGBGBPMar 2016
VCVO.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDMar 2016
1VVDB (Deutsche Boerse AG)YesOrdinary SharesDEEURMar 2016
VOFLBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPMar 2016

Biography

VinaCapital Vietnam Opportunity Fund Limited specializes in private equity investments. The fund seeks to invest 80 percent of its portfolio in private equity and 20 percent in equitization projects will b ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/21 04:24
End of Day Share Price2020/09/18 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.