PET

Consumer

Tổng Công ty Cổ phần Dịch vụ Tổng hợp Dầu khí

Bán lẻCT

46.500

VND · Last close

Valuation Verdict

Overvalued

Very Low

-120%Fair Value+120%

Intrinsic Value

11.247

Current

46.500

Gap

-75.8%

ModelFCF DCF

Valuation Breakdown

CT→Bán lẻ→Consumer

Classified as consumer because ICB sector "Bán lẻ" maps to the consumer group

ModelFCF-Based DCF

Value = Sum of [FCF / (1+WACC)^t] + Terminal Value / (1+WACC)^n

A classic Discounted Cash Flow model built on Free Cash Flow (FCF), the actual cash a business generates after all operating expenses and capital expenditures. Future FCF is projected for 10 years with gradually decaying growth, then discounted back to today's value using WACC. This is the gold standard of intrinsic valuation: it values the company based on what it can actually deliver to shareholders, independent of market sentiment.

Distressed Valuation

Negative Intrinsic Value

BVPS

22.494

Discount

50%

Floor Value

22.494

Valuation Track Record

Retroactive intrinsic value vs actual close price — PET

Earnings Quality

Fiscal year 2025

Weak

Accrual QualityLow accruals vs reported earnings

Cash ConversionOperating cash flow vs net income

ReceivablesDSO trend vs revenue growth

100

Margin StabilityConsistency of profit margins

Revenue QualityConsistency of revenue growth

Financial Forensics

Beneish M-Score · 2025

-1.21

High Risk

DSRI

1.742

GMI

0.989

AQI

0.699

SGI

1.145

DEPI

1.034

SGAI

1.025

TATA

0.127

LVGI

1.044

The Beneish M-Score of -1.2142 indicates that PET is not currently flagged for manipulation, as it is above the threshold of -1.78. However, the earnings quality score of 41.5/100, particularly low cash conversion (0.0/100), raises concerns about the sustainability of reported earnings.

Red Flags

Earnings Quality Score of 41.5/100 indicates potential issues with earnings sustainability.
Cash conversion rate of 0.0/100 suggests that earnings are not translating into actual cash flow, which is a significant concern.

Positive Signals

Beneish M-Score of -1.2142 is above the manipulation threshold, suggesting that the company is not currently engaging in earnings manipulation.
Receivables quality score of 100.0/100 indicates that the company is effectively managing its receivables.

Ownership Risk

The ownership structure shows a significant presence of institutional investors, which can provide stability; however, the largest shareholder holds only 16.7%, indicating a lack of concentrated control that could lead to governance challenges.

Recommendation

Investors should closely monitor cash flow metrics and earnings quality indicators, considering a cautious approach until cash conversion improves. Engaging with management for clarity on cash flow generation strategies may also be beneficial.

Generated by AI based on quantitative data. Not financial advice.

Quantitative Scores

F-Score

3/9

Weak

Z-Score

2.12

Grey Zone

Sharpe

0.77

Positive

Composite

Weak

Price Risk

Momentum

+56.2%

Volatility

51.4%

Max Drawdown

-32.8%

Key Ratios

Fiscal year 2025

14.39P/E

P/B1.54

P/S0.17

ROE11.2%

ROA2.2%

EPS2401.64

BVPS22494.25

Gross Margin4.7%

Net Margin1.2%

D/E4.10

Current Ratio1.15

Rev Growth15.4%

Profit Growth72.2%

EV/EBITDA24.77

Div Yield0.0%

Company Overview

Issued Shares

107.3M

Charter Capital

1073.3B VND

Sector (ICB L2)

Bán lẻ

Industry (ICB L3)

Bán lẻ

Sub-industry

Phân phối hàng chuyên dụng

Company Type

// OWNERSHIP_NETWORK

> mapping common ownership for PET — hover nodes for intel, click to navigate

Shareholders

Công ty Cổ phần Quản lý quỹ HD

Inst

16.7%

18.0 trieu

Công ty Cổ phần Quản lý quỹ Đầu tư Sài Gòn - Hà Nội

Inst

6.1%

5.2 trieu

Cao Trường Sơn

Indiv

4.9%

5.2 trieu

Samarang Ucits - Samarang Asian Prosperity

Inst

4.8%

4.0 trieu

Công ty Cổ phần Chứng khoán SSI

Inst

4.1%

3.5 trieu

Deutsche Bank Aktiengesellchaft, London Branch

Inst

3.8%

3.2 trieu

Công ty Cổ phần Chứng khoán Thành phố Hồ Chí Minh

Inst

3.4%

2.8 trieu

Phùng Tuấn Hà

Indiv

2.9%

3.2 trieu

KITMC Worldwide Vietnam RSP Balanced Fund

Inst

2.8%

2.3 trieu

Ngân hàng Thương mại Cổ phần Đại chúng Việt Nam

Inst

2.7%

2.3 trieu

Công ty TNHH MTV Quản Lý Quỹ Ngân Hàng Thương Mại Cổ phần Công Thương Việt Nam

Inst

2.1%

2.2 trieu

Trần Thị Mỹ

Indiv

0.8%

906.646

Công Đoàn Tổng Công ty Cổ Phần Dịch Vụ Tổng Hợp Dầu Khí

State

0.8%

830.000

Deutsche Asset Management (Asia) Limited

Inst

0.5%

456.860

Đào Văn Đại

Indiv

0.4%

350.000

Nguyễn Thị Thành

Indiv

0.2%

200.002

Nguyễn Quỳnh Như

Indiv

0.2%

166.800

Nguyễn Công Cường

Indiv

0.2%

131.000

Vũ Xuân Lũng

Indiv

0.1%

122.348

nguyen-thanh-tu

Indiv

0.1%

111.642

Phan Quang Tuấn Anh

Indiv

0.1%

110.000

Board & Management

Phùng Tuấn Hà2.9%

Chủ tịch Hội đồng Quản trị

Đào Văn Đại0.4%

Phó Tổng Giám đốc

Nguyễn Thị Thanh0.2%

Kế toán trưởng

Nguyễn Quỳnh Như0.2%

Trưởng Ban Kiểm toán nội bộ /Phụ trách Công bố thông tin

Lê Anh Quốc

Thành viên Ban kiểm soát

Phan Khắc Vinh

Trưởng Ban kiểm soát

Sơn Chí Tân

Người phụ trách quản trị công ty

Phạm Thị Hồng Điệp

Phó Tổng Giám đốc

Vũ Tiến Dương

Tổng Giám đốc/Thành viên Hội đồng Quản trị

Trần Công Luận

Thành viên Ban Kiểm toán nội bộ

Vũ Việt Anh

Thành viên Hội đồng Quản trị độc lập

Lê Thị Chiến

Thành viên Hội đồng Quản trị độc lập

Lê Minh Kha

Thành viên Ban Kiểm toán nội bộ

Nguyễn Thị Mỹ Dung

Thành viên Ban kiểm soát

Huỳnh Văn Ngân

Phó Tổng Giám đốc

Top connections

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Computed 12/04/2026