Snowflake Score | |
---|---|
Valuation | 2/6 |
Future Growth | 5/6 |
Past Performance | 1/6 |
Financial Health | 6/6 |
Dividends | 2/6 |
PPC Stock Overview
Pha Lai Thermal Power Joint Stock Company engages in the generation and sale of electricity in Vietnam.
Pha Lai Thermal Power Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | ₫17,650.00 |
52 Week High | ₫26,000.00 |
52 Week Low | ₫17,000.00 |
Beta | 0.90 |
1 Month Change | 2.32% |
3 Month Change | -5.62% |
1 Year Change | -22.59% |
3 Year Change | -30.38% |
5 Year Change | -14.32% |
Change since IPO | -77.37% |
Recent News & Updates
Shareholder Returns
PPC | VN Electric Utilities | VN Market | |
---|---|---|---|
7D | 0.9% | 0.4% | 3.7% |
1Y | -22.6% | 4.4% | -7.0% |
Return vs Industry: PPC underperformed the VN Electric Utilities industry which returned 4.4% over the past year.
Return vs Market: PPC underperformed the VN Market which returned -7.1% over the past year.
Price Volatility
PPC volatility | |
---|---|
PPC Average Weekly Movement | 4.0% |
Electric Utilities Industry Average Movement | 6.0% |
Market Average Movement | 7.4% |
10% most volatile stocks in VN Market | 10.0% |
10% least volatile stocks in VN Market | 4.2% |
Stable Share Price: PPC is less volatile than 75% of VN stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: PPC's weekly volatility (4%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2006 | 833 | Hai Nguyen | https://www.ppc.evn.vn |
Pha Lai Thermal Power Joint Stock Company engages in the generation and sale of electricity in Vietnam. It produces electricity through thermal power plants; and provides services related to electricity generation. The company was founded in 2006 and is headquartered in Chi Linh, Vietnam.
Pha Lai Thermal Power Fundamentals Summary
PPC fundamental statistics | |
---|---|
Market Cap | ₫5.66t |
Earnings (TTM) | ₫112.79b |
Revenue (TTM) | ₫3.94t |
50.2x
P/E Ratio1.4x
P/S RatioIs PPC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
PPC income statement (TTM) | |
---|---|
Revenue | ₫3.94t |
Cost of Revenue | ₫3.96t |
Gross Profit | -₫26.12b |
Other Expenses | -₫138.91b |
Earnings | ₫112.79b |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
n/a
Earnings per share (EPS) | 351.80 |
Gross Margin | -0.66% |
Net Profit Margin | 2.86% |
Debt/Equity Ratio | 0.0% |
How did PPC perform over the long term?
See historical performance and comparisonDividends
9.6%
Current Dividend Yield483%
Payout RatioValuation
Is PPC undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation 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
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for PPC?
Other financial metrics that can be useful for relative valuation.
What is PPC's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | ₫5.66t |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 1.3x |
Enterprise Value/EBITDA | -104.9x |
PEG Ratio | 1x |
Price to Earnings Ratio vs Peers
How does PPC's PE Ratio compare to its peers?
PPC PE Ratio vs Peers |
---|
Company | PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 8x | ||
NT2 PetroVietnam Power Nhon Trach 2 | 8.4x | 9.2% | ₫7.6t |
BTP Ba Ria Thermal Power | 9.7x | n/a | ₫1.0t |
NBP Ninh Binh Thermal Power | 4.8x | n/a | ₫203.3b |
TMP Thac Mo Hydro Power | 9.2x | n/a | ₫4.2t |
PPC Pha Lai Thermal Power | 50.2x | 51.7% | ₫5.7t |
Price-To-Earnings vs Peers: PPC is expensive based on its Price-To-Earnings Ratio (50.2x) compared to the peer average (8x).
Price to Earnings Ratio vs Industry
How does PPC's PE Ratio compare vs other companies in the Asian Electric Utilities Industry?
Price-To-Earnings vs Industry: PPC is expensive based on its Price-To-Earnings Ratio (50.2x) compared to the Asian Electric Utilities industry average (16.2x)
Price to Earnings Ratio vs Fair Ratio
What is PPC'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.
Fair Ratio | |
---|---|
Current PE Ratio | 50.2x |
Fair PE Ratio | 28.1x |
Price-To-Earnings vs Fair Ratio: PPC is expensive based on its Price-To-Earnings Ratio (50.2x) compared to the estimated Fair Price-To-Earnings Ratio (28.1x).
Share Price vs Fair Value
What is the Fair Price of PPC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: PPC (₫17650) is trading below our estimate of fair value (₫24592.45)
Significantly Below Fair Value: PPC 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 less than 20% higher than the current share price.
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Future Growth
How is Pha Lai Thermal Power forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score
5/6Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
51.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PPC's forecast earnings growth (51.7% per year) is above the savings rate (3.7%).
Earnings vs Market: PPC's earnings (51.7% per year) are forecast to grow faster than the VN market (19.4% per year).
High Growth Earnings: PPC's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PPC's revenue (24.6% per year) is forecast to grow faster than the VN market (17.2% per year).
High Growth Revenue: PPC's revenue (24.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PPC's Return on Equity is forecast to be low in 3 years time (19.5%).
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Past Performance
How has Pha Lai Thermal Power performed over the past 5 years?
Past Performance Score
1/6Past Performance Score 1/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-19.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PPC has high quality earnings.
Growing Profit Margin: PPC's current net profit margins (2.9%) are lower than last year (14.9%).
Past Earnings Growth Analysis
Earnings Trend: PPC's earnings have declined by 19.2% per year over the past 5 years.
Accelerating Growth: PPC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PPC had negative earnings growth (-86.8%) over the past year, making it difficult to compare to the Electric Utilities industry average (2.6%).
Return on Equity
High ROE: PPC's Return on Equity (2.3%) is considered low.
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Financial Health
How is Pha Lai Thermal Power's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: PPC's short term assets (₫2,621.1B) exceed its short term liabilities (₫574.1B).
Long Term Liabilities: PPC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PPC is debt free.
Reducing Debt: PPC has no debt compared to 5 years ago when its debt to equity ratio was 42.9%.
Debt Coverage: PPC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PPC has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Dividend
What is Pha Lai Thermal Power current dividend yield, its reliability and sustainability?
Dividend Score
2/6Dividend Score 2/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
9.63%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PPC's dividend (9.63%) is higher than the bottom 25% of dividend payers in the VN market (2.8%).
High Dividend: PPC's dividend (9.63%) is in the top 25% of dividend payers in the VN market (7.47%)
Stability and Growth of Payments
Stable Dividend: PPC's dividend payments have been volatile in the past 10 years.
Growing Dividend: PPC's dividend payments have fallen over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (483.2%), PPC's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (97.8%), PPC's dividend payments are not well covered by cash flows.
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Management
How experienced are the management team and are they aligned to shareholders interests?
4.8yrs
Average management tenure
CEO
Hai Nguyen
0.083
Tenure
Mr. Hai Hoang Nguyen serves as Acting Chief Executive Officer at Pha Lai Thermal Power Joint Stock Company since July 01, 2022 and had been its Deputy Chief Executive Officer since November 01, 2019.
Leadership Team
Experienced Management: PPC's management team is considered experienced (4.8 years average tenure).
Board Members
Experienced Board: PPC's board of directors are not considered experienced ( 1.6 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.
Top Shareholders
Company Information
Pha Lai Thermal Power Joint Stock Company's employee growth, exchange listings and data sources
Key Information
- Name: Pha Lai Thermal Power Joint Stock Company
- Ticker: PPC
- Exchange: HOSE
- Founded: 2006
- Industry: Electric Utilities
- Sector: Utilities
- Implied Market Cap: ₫5.659t
- Shares outstanding: 320.61m
- Website: https://www.ppc.evn.vn
Number of Employees
Location
- Pha Lai Thermal Power Joint Stock Company
- Km 28 National Highway 18
- Pha Lai Ward
- Chi Linh
- Vietnam
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/08/06 00:00 |
End of Day Share Price | 2022/08/05 00:00 |
Earnings | 2022/06/30 |
Annual Earnings | 2021/12/31 |
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.