Hanoi Beer Trading (HNX:HAT) - Share price, News & Analysis

HAT fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	2/6

HAT Stock Overview

Hanoi Beer Trading Joint Stock Company engages in the distribution of beer products.

Rewards

Trading at 13.2% below our estimate of its fair value

Risk Analysis

Earnings have declined by 31.9% per year over past 5 years

Does not have a meaningful market cap (₫61B)

Dividend of 10.2% is not well covered by earnings

Volatile share price over the past 3 months

+ 1 more risk

Hanoi Beer Trading Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Hanoi Beer Trading
Historical stock prices
Current Share Price	₫19,600.00
52 Week High	₫25,000.00
52 Week Low	₫18,000.00
Beta	0.41
1 Month Change	-5.77%
3 Month Change	-10.91%
1 Year Change	-4.39%
3 Year Change	-46.01%
5 Year Change	-39.51%
Change since IPO	-30.00%

Shareholder Returns

	HAT	VN Retail Distributors	VN Market
7D	-10.1%	-0.07%	0.2%
1Y	-4.4%	-11.9%	-5.7%

Return vs Industry: HAT exceeded the VN Retail Distributors industry which returned -8.8% over the past year.

Return vs Market: HAT exceeded the VN Market which returned -6% over the past year.

Price Volatility

Is HAT's price volatile compared to industry and market?
HAT volatility
HAT Average Weekly Movement	9.6%
Retail Distributors Industry Average Movement	6.1%
Market Average Movement	7.6%
10% most volatile stocks in VN Market	10.8%
10% least volatile stocks in VN Market	4.4%

Stable Share Price: HAT is more volatile than 75% of VN stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: HAT's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of VN stocks.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	n/a	https://www.biahoihanoi.com.vn

Hanoi Beer Trading Joint Stock Company engages in the distribution of beer products. The company trades in beer, wine, soft drinks and materials, equipment, and materials for the beer and wine; organizes fairs and exhibitions; and offers beer dispensers and storage cabinets. In addition, it operates restaurants and hotels; and provides goods transportation, commercial brokerage, import and export of goods, export consignment, and advertising and related services, as well as consultancy services for investment and construction projects.

Hanoi Beer Trading Fundamentals Summary

How do Hanoi Beer Trading's earnings and revenue compare to its market cap?
HAT fundamental statistics
Market Cap	₫61.21b
Earnings (TTM)	-₫15.83b
Revenue (TTM)	₫487.80b

0.1x

P/S Ratio

-3.9x

P/E Ratio

Is HAT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
HAT income statement (TTM)
Revenue	₫487.80b
Cost of Revenue	₫476.74b
Gross Profit	₫11.06b
Other Expenses	₫26.88b
Earnings	-₫15.83b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	-5.07k
Gross Margin	2.27%
Net Profit Margin	-3.24%
Debt/Equity Ratio	0.0%

How did HAT perform over the long term?

See historical performance and comparison

Dividends

10.2%

Current Dividend Yield

n/a

Payout Ratio

Does HAT pay a reliable dividends?

See HAT dividend history and benchmarks

When do you need to buy HAT by to receive an upcoming dividend?
Hanoi Beer Trading dividend dates
Ex Dividend Date	Jun 14 2022
Dividend Pay Date	Jul 15 2022
Days until Ex dividend	20 days
Days until Dividend pay date	51 days

Does HAT pay a reliable dividends?

See HAT dividend history and benchmarks

Valuation

Is Hanoi Beer Trading undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

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

13.2%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: HAT (₫19600) is trading below our estimate of fair value (₫22587.96)

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

Price To Earnings Ratio

PE vs Industry: HAT is unprofitable, so we can't compare its Price-To-Earnings Ratio to the Asian Retail Distributors industry average.

PE vs Market: HAT is unprofitable, so we can't compare its Price-To-Earnings Ratio to the VN market.

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: HAT is overvalued based on its Price-To-Book Ratio (1.2x) compared to the XA Retail Distributors industry average (1x).

Future Growth

How is Hanoi Beer Trading 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

-0.9%

Forecasted Retail 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 Hanoi Beer Trading 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 Hanoi Beer Trading 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

-31.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: HAT is currently unprofitable.

Growing Profit Margin: HAT is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: HAT is unprofitable, and losses have increased over the past 5 years at a rate of 31.9% per year.

Accelerating Growth: Unable to compare HAT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: HAT is unprofitable, making it difficult to compare its past year earnings growth to the Retail Distributors industry (21.4%).

Return on Equity

High ROE: HAT has a negative Return on Equity (-31.39%), as it is currently unprofitable.

Financial Health

How is Hanoi Beer Trading'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: HAT's short term assets (₫92.2B) do not cover its short term liabilities (₫95.0B).

Long Term Liabilities: HAT has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: HAT is debt free.

Reducing Debt: HAT has no debt compared to 5 years ago when its debt to equity ratio was 18.7%.

Debt Coverage: HAT has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: HAT has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

Dividend

What is Hanoi Beer Trading current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

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

10.20%

Current Dividend Yield

Upcoming Dividend Payment

Dividend Yield vs Market

Notable Dividend: HAT's dividend (10.2%) is higher than the bottom 25% of dividend payers in the VN market (2.88%).

High Dividend: HAT's dividend (10.2%) is in the top 25% of dividend payers in the VN market (7.46%)

Stability and Growth of Payments

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

Growing Dividend: HAT has only been paying a dividend for 9 years, and since then payments have not increased.

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: HAT is paying a dividend but the company has no free cash flows.

Discover strong dividend paying companies

Management

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

CEO

Hanoi Beer Trading 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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/24 00:00
End of Day Share Price	2022/05/24 00:00
Earnings	2021/09/30
Annual Earnings	2020/12/31