| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 6/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
TLG Overview
Thien Long Group Corporation manufactures and trades in stationery products in Vietnam.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₫43,000.00 |
| 52 Week High | ₫33,350.00 |
| 52 Week Low | ₫47,500.00 |
| Beta | 0.71 |
| 1 Month Change | 2.02% |
| 3 Month Change | 14.06% |
| 1 Year Change | 22.51% |
| 3 Year Change | -32.04% |
| 5 Year Change | -23.87% |
| Change since IPO | 410.36% |
Recent News & Updates
Shareholder Returns
| TLG | VN Commercial Services | VN Market | |
|---|---|---|---|
| 7D | -1.6% | 1.7% | 0.2% |
| 1Y | 22.5% | 72.7% | 49.0% |
Return vs Industry: TLG underperformed the VN Commercial Services industry which returned 72.7% over the past year.
Return vs Market: TLG underperformed the VN Market which returned 49% over the past year.
Price Volatility
| TLG volatility | |
|---|---|
| TLG Beta | 0.71 |
| Industry Beta | 0.80 |
| Market Beta | 1 |
Stable Share Price: TLG is not significantly more volatile than the rest of VN stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: TLG's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1981 | 3,036 | Dinh Tam Nguyen | https://www.thienlonggroup.com |
Thien Long Group Corporation manufactures and trades in stationery products in Vietnam. The company’s products group include pen, office supplies, students tools, and fine arts tools covering preschool, school, staff, and executive levels. It offers products for schools, businesses, supermarkets, shopping malls, chain stores, bookstores, and online sales channels, as well as exports its products to approximately 60 countries.
Thien Long Group Fundamentals Summary
| TLG fundamental statistics | |
|---|---|
| Market Cap | ₫3.35t |
| Earnings (TTM) | ₫358.88b |
| Revenue (TTM) | ₫3.00t |
9.3x
P/E Ratio1.1x
P/S RatioIs TLG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TLG income statement (TTM) | |
|---|---|
| Revenue | ₫3.00t |
| Cost of Revenue | ₫1.71t |
| Gross Profit | ₫1.29t |
| Expenses | ₫930.29b |
| Earnings | ₫358.88b |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 4.61k |
| Gross Margin | 42.98% |
| Net Profit Margin | 11.96% |
| Debt/Equity Ratio | 11.9% |
How did TLG perform over the long term?
See historical performance and comparisonDividends
4.7%
Current Dividend Yield76%
Payout RatioValuation
Is Thien Long Group undervalued compared to its fair value and its price relative to the market?
14.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TLG (₫43000) is trading below our estimate of fair value (₫50550.78)
Significantly Below Fair Value: TLG is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: TLG is good value based on its PE Ratio (9.3x) compared to the VN Commercial Services industry average (12.5x).
PE vs Market: TLG is good value based on its PE Ratio (9.3x) compared to the VN market (14.8x).
Price to Earnings Growth Ratio
PEG Ratio: TLG is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: TLG is overvalued based on its PB Ratio (1.8x) compared to the VN Commercial Services industry average (1.4x).
Future Growth
How is Thien Long Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
11.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TLG's forecast earnings growth (11.5% per year) is above the savings rate (4.2%).
Earnings vs Market: TLG's earnings (11.5% per year) are forecast to grow slower than the VN market (20% per year).
High Growth Earnings: TLG's earnings are forecast to grow, but not significantly.
Revenue vs Market: TLG's revenue (12.9% per year) is forecast to grow slower than the VN market (16.5% per year).
High Growth Revenue: TLG's revenue (12.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TLG's Return on Equity is forecast to be high in 3 years time (20.2%)
Past Performance
How has Thien Long Group performed over the past 5 years?
5.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TLG has high quality earnings.
Growing Profit Margin: TLG's current net profit margins (12%) are higher than last year (6%).
Past Earnings Growth Analysis
Earnings Trend: TLG's earnings have grown by 5.8% per year over the past 5 years.
Accelerating Growth: TLG's earnings growth over the past year (111.5%) exceeds its 5-year average (5.8% per year).
Earnings vs Industry: TLG earnings growth over the past year (111.5%) exceeded the Commercial Services industry 56.3%.
Return on Equity
High ROE: TLG's Return on Equity (21.1%) is considered high.
Financial Health
How is Thien Long Group's financial position?
Financial Position Analysis
Short Term Liabilities: TLG's short term assets (₫1,914.2B) exceed its short term liabilities (₫568.4B).
Long Term Liabilities: TLG's short term assets (₫1,914.2B) exceed its long term liabilities (₫51.0B).
Debt to Equity History and Analysis
Debt Level: TLG's debt to equity ratio (11.9%) is considered satisfactory.
Reducing Debt: TLG's debt to equity ratio has reduced from 24.1% to 11.9% over the past 5 years.
Debt Coverage: TLG's debt is well covered by operating cash flow (281.7%).
Interest Coverage: TLG earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Thien Long Group current dividend yield, its reliability and sustainability?
4.65%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TLG's dividend (4.65%) is higher than the bottom 25% of dividend payers in the VN market (2.55%).
High Dividend: TLG's dividend (4.65%) is low compared to the top 25% of dividend payers in the VN market (6.34%).
Stability and Growth of Payments
Stable Dividend: TLG's dividend payments have been volatile in the past 10 years.
Growing Dividend: TLG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (75.9%), TLG's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TLG's dividends in 3 years are forecast to be covered by earnings (60% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.2yrs
Average management tenure
CEO
Dinh Tam Nguyen
4.42yrs
Tenure
Mr. Dinh Tam Nguyen has been the Chief Executive Officer of Thien Long Group Corporation since May 3, 2017. Mr. Nguyen served as Deputy Chief Executive Officer of Thien Long Group Corporation since June 20...
Leadership Team
Experienced Management: TLG's management team is considered experienced (4.2 years average tenure).
Board Members
Experienced Board: TLG's board of directors are considered experienced (4.4 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Thien Long Group Corporation's employee growth, exchange listings and data sources
Key Information
- Name: Thien Long Group Corporation
- Ticker: TLG
- Exchange: HOSE
- Founded: 1981
- Industry: Office Services and Supplies
- Sector: Commercial Services
- Market Cap: ₫3.345t
- Shares outstanding: 77.79m
- Website: https://www.thienlonggroup.com
Number of Employees
Location
- Thien Long Group Corporation
- Lot 6-8-10-12
- Street No. 3
- Ho Chi Minh City
- Vietnam
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/20 15:30 |
| End of Day Share Price | 2021/10/20 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.