VIETNAMCOMMERCIAL BANK FOR INDUSTRY AND TRADE

Ratings VietnamCommercial Bank for Industry and Trade

Equities

CTG

VN000000CTG7

End-of-day quote Ho Chi Minh S.E. Other stock markets 23:00:00 25/04/2024 BST			5-day change	1st Jan Change
32,800 ^VND	-0.61%		+1.55%	+21.03%

03-29	Vietnam Joint Stock Commercial Bank for Industry and Trade Announces Resignation of Hoang Ngoc Phuong as Deputy Chief Executive Officer	CI
03-26	Vietnam Joint Stock Commercial Bank for Industry and Trade Appoints Tran Minh Duc as Person in Charge of Corporate Governance Cum Secretary	CI

Summary

The company has a poor ESG score according to Refinitiv, which ranks companies by sector.

Strengths

The group's activity appears highly profitable thanks to its outperforming net margins.
Its low valuation, with P/E ratio at 8.81 and 6.05 for the ongoing fiscal year and 2025 respectively, makes the stock pretty attractive with regard to earnings multiples.
The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months.
Over the past twelve months, analysts' opinions have been strongly revised upwards.
Considering the small differences between the analysts' various estimates, the group's business visibility is good.
Historically, the company has been releasing figures that are above expectations.

Weaknesses

The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.
For the last few months, analysts have been revising downwards their earnings forecast.
The average consensus view of analysts covering the stock has deteriorated over the past four months.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Banks

	1st Jan change	Capi.	ESG Refinitiv
VIETNAMCOMMERCIAL BANK FOR INDUSTRY AND TRADE	+21.03%	6.95B	C-
JPMORGAN CHASE & CO.	+12.79%	551B	C+
BANK OF AMERICA CORPORATION	+9.71%	291B	C+
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	+10.47%	249B	C+
WELLS FARGO & COMPANY	+20.93%	208B	C
BANK OF CHINA LIMITED	+16.11%	171B	B-
CHINA CONSTRUCTION BANK CORPORATION	+9.89%	166B	B-
HSBC HOLDINGS PLC	+9.76%	162B	C+
HDFC BANK LIMITED	-10.23%	138B	B-
ROYAL BANK OF CANADA	-0.02%	138B	B-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

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Price to Free Cash Flow

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Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

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Innovation

Use of resources

Governance

CSR Strategy

Management

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Technical analysis

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RSI

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Unusual volumes