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HDA

Dong A Paint HNX:HDA Stock Report

Last Price

₫23.80k

Market Cap

₫273.7b

7D

-2.9%

1Y

131.1%

Updated

12 May, 2022

Data

Company Financials
HDA fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends2/6

HDA Stock Overview

Dong A Paint Joint Stock Company manufactures and sells paints in Vietnam and internationally.

Dong A Paint Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Dong A Paint
Historical stock prices
Current Share Price₫23,800.00
52 Week High₫29,200.00
52 Week Low₫9,700.00
Beta0.10
1 Month Change13.33%
3 Month Change-15.00%
1 Year Change131.07%
3 Year Change105.17%
5 Year Change118.35%
Change since IPO22.10%

Recent News & Updates

Shareholder Returns

HDAVN ChemicalsVN Market
7D-2.9%-10.6%-3.7%
1Y131.1%24.0%2.9%

Return vs Industry: HDA exceeded the VN Chemicals industry which returned 24% over the past year.

Return vs Market: HDA exceeded the VN Market which returned 2.9% over the past year.

Price Volatility

Is HDA's price volatile compared to industry and market?
HDA volatility
HDA Average Weekly Movement9.1%
Chemicals Industry Average Movement8.5%
Market Average Movement7.0%
10% most volatile stocks in VN Market10.5%
10% least volatile stocks in VN Market4.1%

Stable Share Price: HDA is more volatile than 75% of VN stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: HDA's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of VN stocks.

About the Company

FoundedEmployeesCEOWebsite
1974n/an/ahttps://www.hangsondonga.com.vn

Dong A Paint Joint Stock Company manufactures and sells paints in Vietnam and internationally. It offers interior and exterior paints and primers; waterproofing solutions; putties; and primers. The company was founded in 1974 and is headquartered in Hanoi, Vietnam.

Dong A Paint Fundamentals Summary

How do Dong A Paint's earnings and revenue compare to its market cap?
HDA fundamental statistics
Market Cap₫273.70b
Earnings (TTM)₫26.63b
Revenue (TTM)₫269.56b

10.3x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HDA income statement (TTM)
Revenue₫269.56b
Cost of Revenue₫150.41b
Gross Profit₫119.14b
Other Expenses₫92.51b
Earnings₫26.63b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)2.32k
Gross Margin44.20%
Net Profit Margin9.88%
Debt/Equity Ratio39.8%

How did HDA perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

22%

Payout Ratio

Valuation

Is Dong A Paint undervalued compared to its fair value and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: HDA (₫23800) is trading below our estimate of fair value (₫72240.55)

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


Price To Earnings Ratio

PE vs Industry: HDA is good value based on its PE Ratio (10.3x) compared to the VN Chemicals industry average (11.2x).

PE vs Market: HDA is good value based on its PE Ratio (10.3x) compared to the VN market (13.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: HDA's PB Ratio (1.3x) is in line with the VN Chemicals industry average.


Future Growth

How is Dong A Paint 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


13.7%

Forecasted Materials 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 Dong A Paint 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 Dong A Paint performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


3.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: HDA has high quality earnings.

Growing Profit Margin: HDA's current net profit margins (9.9%) are higher than last year (3%).


Past Earnings Growth Analysis

Earnings Trend: HDA's earnings have grown by 3.3% per year over the past 5 years.

Accelerating Growth: HDA's earnings growth over the past year (242.2%) exceeds its 5-year average (3.3% per year).

Earnings vs Industry: HDA earnings growth over the past year (242.2%) exceeded the Chemicals industry 30.1%.


Return on Equity

High ROE: HDA's Return on Equity (12.8%) is considered low.


Financial Health

How is Dong A Paint's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: HDA's short term assets (₫213.6B) exceed its short term liabilities (₫141.7B).

Long Term Liabilities: HDA's short term assets (₫213.6B) exceed its long term liabilities (₫27.8B).


Debt to Equity History and Analysis

Debt Level: HDA's net debt to equity ratio (7.7%) is considered satisfactory.

Reducing Debt: HDA's debt to equity ratio has increased from 25.2% to 39.8% over the past 5 years.

Debt Coverage: HDA's debt is well covered by operating cash flow (60.8%).

Interest Coverage: HDA's interest payments on its debt are well covered by EBIT (9.2x coverage).


Balance Sheet


Dividend

What is Dong A Paint 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

  • Future Dividend Coverage


2.10%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: HDA's dividend (2.1%) isn’t notable compared to the bottom 25% of dividend payers in the VN market (2.73%).

High Dividend: HDA's dividend (2.1%) is low compared to the top 25% of dividend payers in the VN market (7.03%).


Stability and Growth of Payments

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

Growing Dividend: HDA has only been paying a dividend for 6 years, and since then payments have fallen.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (21.6%), HDA's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (17.5%), HDA's dividend payments are well covered by cash flows.


Next Steps

Management

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


CEO

Dong A Paint has no CEO, or we have no data on them.


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

Dong A Paint Joint Stock Company's employee growth, exchange listings and data sources


Key Information

  • Name: Dong A Paint Joint Stock Company
  • Ticker: HDA
  • Exchange: HNX
  • Founded: 1974
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Implied Market Cap: ₫273.700b
  • Shares outstanding: 11.50m
  • Website: https://www.hangsondonga.com.vn

Location

  • Dong A Paint Joint Stock Company
  • No. 104, Lane 140 Qu Duy Tien
  • Nhan Chinh
  • Hanoi
  • Vietnam

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/12 00:00
End of Day Share Price2022/05/12 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.