TCM Stock Overview
Thanh Cong Textile Garment Investment Trading Joint Stock Company, together with its subsidiaries, engages in textile and garment manufacturing, fashion retail, and real estate businesses in Vietnam.
Thanh Cong Textile Garment Investment Trading Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₫45,000.00|
|52 Week High||₫75,217.39|
|52 Week Low||₫39,300.00|
|1 Month Change||-1.75%|
|3 Month Change||-26.07%|
|1 Year Change||-32.79%|
|3 Year Change||152.19%|
|5 Year Change||155.51%|
|Change since IPO||-0.70%|
Recent News & Updates
|TCM||VN Luxury||VN Market|
Return vs Industry: TCM underperformed the VN Luxury industry which returned 7.5% over the past year.
Return vs Market: TCM underperformed the VN Market which returned -7.1% over the past year.
|TCM Average Weekly Movement||6.4%|
|Luxury Industry Average Movement||7.6%|
|Market Average Movement||7.7%|
|10% most volatile stocks in VN Market||10.3%|
|10% least volatile stocks in VN Market||4.3%|
Stable Share Price: TCM is not significantly more volatile than the rest of VN stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: TCM's weekly volatility (6%) has been stable over the past year.
About the Company
Thanh Cong Textile Garment Investment Trading Joint Stock Company, together with its subsidiaries, engages in textile and garment manufacturing, fashion retail, and real estate businesses in Vietnam. It produces, trades in, imports, and exports yarns, cotton, fabrics, garments, footwear and machineries, equipment, spare parts, raw materials, supplies, chemicals, dyeing chemicals, and packaging products; and trades in pharmaceutical and medical equipment and supplies. The company also retails meat and meat products; aquatic products; vegetables; milk and dairy products, cakes, jams, and sweets; products made from cereals, flour, and starch; drinks; and other foods.
Thanh Cong Textile Garment Investment Trading Fundamentals Summary
|TCM fundamental statistics|
Is TCM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TCM income statement (TTM)|
|Cost of Revenue||₫3.24t|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||1.42k|
|Net Profit Margin||3.07%|
How did TCM perform over the long term?See historical performance and comparison
0.8%Current Dividend Yield
Is TCM undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for TCM?
Other financial metrics that can be useful for relative valuation.
|What is TCM's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does TCM's PE Ratio compare to its peers?
|TCM PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
MSH Song Hong Garment
STK Century Synthetic Fiber
SFN Saigon Fishing Net
TNG TNG Investment and Trading
TCM Thanh Cong Textile Garment Investment Trading
Price-To-Earnings vs Peers: TCM is expensive based on its Price-To-Earnings Ratio (31.8x) compared to the peer average (9x).
Price to Earnings Ratio vs Industry
How does TCM's PE Ratio compare vs other companies in the Asian Luxury Industry?
Price-To-Earnings vs Industry: TCM is expensive based on its Price-To-Earnings Ratio (31.8x) compared to the VN Luxury industry average (10.2x)
Price to Earnings Ratio vs Fair Ratio
What is TCM's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||31.8x|
|Fair PE Ratio||20.9x|
Price-To-Earnings vs Fair Ratio: TCM is expensive based on its Price-To-Earnings Ratio (31.8x) compared to the estimated Fair Price-To-Earnings Ratio (20.9x).
Share Price vs Fair Value
What is the Fair Price of TCM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: TCM (₫45000) is trading below our estimate of fair value (₫57704.04)
Significantly Below Fair Value: TCM is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
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How is Thanh Cong Textile Garment Investment Trading forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TCM's forecast earnings growth (41.3% per year) is above the savings rate (3.7%).
Earnings vs Market: TCM's earnings (41.3% per year) are forecast to grow faster than the VN market (19.3% per year).
High Growth Earnings: TCM's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TCM's revenue (15.5% per year) is forecast to grow slower than the VN market (16.7% per year).
High Growth Revenue: TCM's revenue (15.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TCM's Return on Equity is forecast to be low in 3 years time (19.1%).
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How has Thanh Cong Textile Garment Investment Trading performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TCM has high quality earnings.
Growing Profit Margin: TCM's current net profit margins (3.1%) are lower than last year (7.2%).
Past Earnings Growth Analysis
Earnings Trend: TCM's earnings have declined by 0.01% per year over the past 5 years.
Accelerating Growth: TCM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TCM had negative earnings growth (-55.8%) over the past year, making it difficult to compare to the Luxury industry average (14.1%).
Return on Equity
High ROE: TCM's Return on Equity (8.3%) is considered low.
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How is Thanh Cong Textile Garment Investment Trading's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: TCM's short term assets (₫2,509.3B) exceed its short term liabilities (₫1,776.5B).
Long Term Liabilities: TCM's short term assets (₫2,509.3B) exceed its long term liabilities (₫180.8B).
Debt to Equity History and Analysis
Debt Level: TCM's net debt to equity ratio (28.2%) is considered satisfactory.
Reducing Debt: TCM's debt to equity ratio has reduced from 132.3% to 62.1% over the past 5 years.
Debt Coverage: TCM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TCM's interest payments on its debt are well covered by EBIT (173.4x coverage).
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What is Thanh Cong Textile Garment Investment Trading current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TCM's dividend (0.84%) isn’t notable compared to the bottom 25% of dividend payers in the VN market (2.85%).
High Dividend: TCM's dividend (0.84%) is low compared to the top 25% of dividend payers in the VN market (7.47%).
Stability and Growth of Payments
Stable Dividend: TCM is not paying a notable dividend for the VN market, therefore no need to check if payments are stable.
Growing Dividend: TCM is not paying a notable dividend for the VN market, therefore no need to check if payments are increasing.
Earnings Payout to Shareholders
Earnings Coverage: TCM is not paying a notable dividend for the VN market.
Cash Payout to Shareholders
Cash Flow Coverage: TCM is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Kwan Sung Jung is Director of Thanh Cong Textile Garment Investment Trading Joint Stock Company from April 06, 2021 and serves as its CEO since May 31, 2021 and serves as its Member of Executive Manage...
Experienced Management: TCM's management team is considered experienced (2.8 years average tenure).
Experienced Board: TCM's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Thanh Cong Textile Garment Investment Trading Joint Stock Company's employee growth, exchange listings and data sources
- Name: Thanh Cong Textile Garment Investment Trading Joint Stock Company
- Ticker: TCM
- Exchange: HOSE
- Founded: 1967
- Industry: Textiles
- Sector: Consumer Durables
- Implied Market Cap: ₫3.688t
- Shares outstanding: 81.95m
- Website: https://www.thanhcong.com.vn
Number of Employees
- Thanh Cong Textile Garment Investment Trading Joint Stock Company
- 36 Tay Thanh Street
- Tay Thanh Ward
- Ho Chi Minh City
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/03 00:00|
|End of Day Share Price||2022/08/03 00:00|
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.