Phuoc Hoa Rubber (HOSE:PHR) - Share price, News & Analysis

PHR fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	4/6
Past Performance	3/6
Financial Health	6/6
Dividends	3/6

PHR Stock Overview

Phuoc Hoa Rubber Joint Stock Company plants, processes, and trades in rubber and rubber wood in Vietnam.

Rewards

Trading at 14.8% below our estimate of its fair value

Earnings are forecast to grow 10.72% per year

Risk Analysis

Dividend of 8.21% is not well covered by earnings or forecast to be in the next 3 years

Profit margins (32.9%) are lower than last year (52.2%)

Phuoc Hoa Rubber Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Phuoc Hoa Rubber
Historical stock prices
Current Share Price	₫54,800.00
52 Week High	₫90,700.00
52 Week Low	₫47,100.00
Beta	0.58
1 Month Change	-32.51%
3 Month Change	-35.07%
1 Year Change	4.58%
3 Year Change	-1.62%
5 Year Change	193.68%
Change since IPO	111.42%

Shareholder Returns

	PHR	VN Chemicals	VN Market
7D	-17.0%	-10.6%	-3.7%
1Y	4.6%	24.0%	2.9%

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

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

Price Volatility

Is PHR's price volatile compared to industry and market?
PHR volatility
PHR Average Weekly Movement	7.3%
Chemicals Industry Average Movement	8.5%
Market Average Movement	7.0%
10% most volatile stocks in VN Market	10.5%
10% least volatile stocks in VN Market	4.1%

Stable Share Price: PHR is not significantly more volatile than the rest of VN stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: PHR's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2008	n/a	Nguyen Tuoc	https://www.phr.vn

Phuoc Hoa Rubber Joint Stock Company plants, processes, and trades in rubber and rubber wood in Vietnam. It operates through Rubber Products, Wood Processing, Other Product and Services segment. The company is involved in the plantation of rubber trees; processing of rubber wood and latex; planting and raising forest; exploiting forest wood and cultivation activities; wholesale of fertilizer, chemical, latex, and rubber wood; and retail of fuel.

Phuoc Hoa Rubber Fundamentals Summary

How do Phuoc Hoa Rubber's earnings and revenue compare to its market cap?
PHR fundamental statistics
Market Cap	₫7.98t
Earnings (TTM)	₫668.68b
Revenue (TTM)	₫2.03t

11.1x

P/E Ratio

3.7x

P/S Ratio

Is PHR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
PHR income statement (TTM)
Revenue	₫2.03t
Cost of Revenue	₫1.52t
Gross Profit	₫512.07b
Other Expenses	-₫156.62b
Earnings	₫668.68b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	4.93k
Gross Margin	25.21%
Net Profit Margin	32.93%
Debt/Equity Ratio	11.7%

How did PHR perform over the long term?

See historical performance and comparison

Dividends

8.2%

Current Dividend Yield

132%

Payout Ratio

Valuation

Is Phuoc Hoa Rubber undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

14.8%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: PHR (₫54800) is trading below our estimate of fair value (₫64311.73)

Significantly Below Fair Value: PHR is trading below fair value, but not by a significant amount.

Price To Earnings Ratio

PE vs Industry: PHR is good value based on its PE Ratio (11.1x) compared to the VN Chemicals industry average (11.2x).

PE vs Market: PHR is good value based on its PE Ratio (11.1x) compared to the VN market (13.4x).

Price to Earnings Growth Ratio

PEG Ratio: PHR is poor value based on its PEG Ratio (1x)

Price to Book Ratio

PB vs Industry: PHR is overvalued based on its PB Ratio (2.3x) compared to the VN Chemicals industry average (1.4x).

Future Growth

How is Phuoc Hoa Rubber forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

10.7%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PHR's forecast earnings growth (10.7% per year) is above the savings rate (3.9%).

Earnings vs Market: PHR's earnings (10.7% per year) are forecast to grow slower than the VN market (25.7% per year).

High Growth Earnings: PHR's earnings are forecast to grow, but not significantly.

Revenue vs Market: PHR's revenue (22.2% per year) is forecast to grow faster than the VN market (18.3% per year).

High Growth Revenue: PHR's revenue (22.2% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: PHR's Return on Equity is forecast to be high in 3 years time (29.4%)

Past Performance

How has Phuoc Hoa Rubber performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

20.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PHR has high quality earnings.

Growing Profit Margin: PHR's current net profit margins (32.9%) are lower than last year (52.2%).

Past Earnings Growth Analysis

Earnings Trend: PHR's earnings have grown significantly by 20.7% per year over the past 5 years.

Accelerating Growth: PHR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: PHR had negative earnings growth (-24.2%) over the past year, making it difficult to compare to the Chemicals industry average (30.1%).

Return on Equity

High ROE: PHR's Return on Equity (21.3%) is considered high.

Financial Health

How is Phuoc Hoa Rubber's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: PHR's short term assets (₫2,868.6B) exceed its short term liabilities (₫1,054.7B).

Long Term Liabilities: PHR's short term assets (₫2,868.6B) exceed its long term liabilities (₫1,690.2B).

Debt to Equity History and Analysis

Debt Level: PHR has more cash than its total debt.

Reducing Debt: PHR's debt to equity ratio has reduced from 40.2% to 11.7% over the past 5 years.

Debt Coverage: PHR's debt is well covered by operating cash flow (157.5%).

Interest Coverage: PHR earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

Dividend

What is Phuoc Hoa Rubber current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

8.21%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: PHR's dividend (8.21%) is higher than the bottom 25% of dividend payers in the VN market (2.73%).

High Dividend: PHR's dividend (8.21%) is in the top 25% of dividend payers in the VN market (7.03%)

Stability and Growth of Payments

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

Growing Dividend: PHR's dividend payments have increased over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (131.7%), PHR's dividend payments are not well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (119%), PHR's dividend payments are not well covered by cash flows.

Next Steps

Explore strong dividend paying companies in the Materials industry.

Management

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

3.5yrs

Average management tenure

CEO

Nguyen Tuoc

5yrs

Tenure

Mr. Nguyen Van Tuoc has been Chief Executive Officer at Phuoc Hoa Rubber Joint Stock Company since January 01, 2018 and has been its Director since May 1, 2017. Mr. Van Tuoc serves as Member of Management...

Leadership Team

Experienced Management: PHR's management team is considered experienced (3.5 years average tenure).

Board Members

Experienced Board: PHR's board of directors are not considered experienced ( 2.9 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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/13 00:00
End of Day Share Price	2022/05/13 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31