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TNC

Thong Nhat Rubber HOSE:TNC Stock Report

Last Price

₫71.50k

Market Cap

₫1.4t

7D

19.0%

1Y

167.8%

Updated

14 Aug, 2022

Data

Company Financials
TNC fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends1/6

TNC Stock Overview

Thong Nhat Rubber Joint Stock Company engages in the manufacture and supply of rubber products in Vietnam and internationally.

Thong Nhat Rubber Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Thong Nhat Rubber
Historical stock prices
Current Share Price₫71,500.00
52 Week High₫73,000.00
52 Week Low₫25,600.00
Beta0
1 Month Change22.85%
3 Month Change55.10%
1 Year Change167.79%
3 Year Change308.57%
5 Year Change495.83%
Change since IPO45.92%

Recent News & Updates

Shareholder Returns

TNCVN Auto ComponentsVN Market
7D19.0%3.2%0.9%
1Y167.8%-0.9%-8.0%

Return vs Industry: TNC exceeded the VN Auto Components industry which returned -0.9% over the past year.

Return vs Market: TNC exceeded the VN Market which returned -8% over the past year.

Price Volatility

Is TNC's price volatile compared to industry and market?
TNC volatility
TNC Average Weekly Movement12.5%
Auto Components Industry Average Movement5.4%
Market Average Movement7.1%
10% most volatile stocks in VN Market9.6%
10% least volatile stocks in VN Market3.8%

Stable Share Price: TNC is more volatile than 90% of VN stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: TNC's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of VN stocks.

About the Company

FoundedEmployeesCEOWebsite
1978n/aNguyen Nhat Lamhttps://www.trc.com.vn

Thong Nhat Rubber Joint Stock Company engages in the manufacture and supply of rubber products in Vietnam and internationally. The company was founded in 1978 and is based in Ba Ria, Vietnam.

Thong Nhat Rubber Fundamentals Summary

How do Thong Nhat Rubber's earnings and revenue compare to its market cap?
TNC fundamental statistics
Market Cap₫1.38t
Earnings (TTM)₫21.42b
Revenue (TTM)₫79.79b

0.0x

P/E Ratio

0.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TNC income statement (TTM)
Revenue₫79.79b
Cost of Revenue₫81.16b
Gross Profit-₫1.37b
Other Expenses-₫22.79b
Earnings₫21.42b

Last Reported Earnings

Sep 30, 2015

Next Earnings Date

n/a

Earnings per share (EPS)0
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did TNC perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

n/a

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is TNC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TNC?

Other financial metrics that can be useful for relative valuation.

TNC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Book Ratio vs Peers

How does TNC's PB Ratio compare to its peers?

TNC PB Ratio vs Peers
The above table shows the PB ratio for TNC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average1.6x
CSM Southern Rubber Industry
1.4xn/a₫1.8t
DRC Danang Rubber
2x4.6%₫3.5t
SRC Sao Vang Rubber
1.1xn/a₫477.1b
PAC Dry Cell and Storage Battery
1.8xn/a₫1.6t
TNC Thong Nhat Rubber
n/an/a₫1.4t

Price-To-Book vs Peers: Insufficient data to calculate TNC's Price-To-Book Ratio vs. peers for valuation analysis.


Price to Earnings Ratio vs Industry

How does TNC's PE Ratio compare vs other companies in the Asian Auto Components Industry?

Price-To-Book vs Industry: Insufficient data to calculate TNC's Price-To-Book Ratio vs. industry for valuation analysis.


Price to Book Ratio vs Fair Ratio

What is TNC's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TNC PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ration/a
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate TNC's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of TNC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: TNC (₫71500) is trading above our estimate of fair value (₫15483.57)

Significantly Below Fair Value: TNC is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Thong Nhat Rubber forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


24.6%

Forecasted Automobiles 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 Thong Nhat Rubber 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.


Discover growth companies

  • Take a look at our analysis of TNC’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.

Past Performance

How has Thong Nhat Rubber performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-2.1%

Historical Automobiles annual earnings growth

In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Thong Nhat Rubber has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Discover strong past performing companies

  • When a company lacks a financial track record, its management’s track record becomes important. Corporate governance also plays an important role in a young business as board members are seen as highly-experienced leaders to help steer the company into the future. Take a look at Thong Nhat Rubber's management and board experience and expertise to assess their ability to deliver on their strategic promises.

Financial Health

How is Thong Nhat Rubber's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

In this section we usually analyse Thong Nhat Rubber's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Thong Nhat Rubber has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Discover healthy companies

  • Take a look at our analysis of TNC’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Thong Nhat Rubber's financial data was last updated here.

Dividend

What is Thong Nhat Rubber current dividend yield, its reliability and sustainability?

Dividend Score

1/6

Dividend Score 1/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


2.80%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: TNC's dividend (2.8%) is higher than the bottom 25% of dividend payers in the VN market (2.78%).

High Dividend: TNC's dividend (2.8%) is low compared to the top 25% of dividend payers in the VN market (7.33%).


Stability and Growth of Payments

Stable Dividend: TNC's dividend payments have been volatile in the past 10 years.

Growing Dividend: TNC's dividend payments have not increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Insufficient data to calculate cash payout ratio to determine if its dividend payments are covered by cash flows.


Discover strong dividend paying companies

Management

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

5.1yrs

Average management tenure


CEO

Nguyen Nhat Lam (45 yo)

4.58yrs

Tenure

Mr. Nguyen Nhat Thanh Lam has been the Chief Executive Officer of Thong Nhat Rubber Joint Stock Company since January 15, 2018 and has been its Deputy Chairman since July 4, 2016. Mr. Lam served as Chief A...


Leadership Team

Experienced Management: TNC's management team is seasoned and experienced (5.1 years average tenure).


Board Members

Experienced Board: TNC's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.


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.


Ownership Breakdown

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


Top Shareholders

Company Information

Thong Nhat Rubber Joint Stock Company's employee growth, exchange listings and data sources


Key Information

  • Name: Thong Nhat Rubber Joint Stock Company
  • Ticker: TNC
  • Exchange: HOSE
  • Founded: 1978
  • Industry: Tires and Rubber
  • Sector: Automobiles
  • Implied Market Cap: ₫1.376t
  • Shares outstanding: 19.25m
  • Website: https://www.trc.com.vn

Location

  • Thong Nhat Rubber Joint Stock Company
  • No. 256, Road 27/4
  • Phuoc Hung Ward
  • Ba Ria
  • Vietnam

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/14 00:00
End of Day Share Price2022/08/12 00:00
Earnings2015/09/30
Annual Earnings2014/12/31


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.