MarketsMOJO gives 'Buy' call for Supreme Industries despite negative financial performance

Despite the negative financial performance in the quarter ending September 2024, MarketsMOJO has given a 'Buy' call for Supreme Industries. This is due to the company's strong operating cash flow, which has been consistently growing over the past three years. This indicates that the company is generating higher cash revenues from its business operations.

However, there are some areas of concern based on the financial results for the quarter. The profit before tax less other income (PBT) has fallen by 17.05% year on year, and the profit after tax (PAT) has also declined by 15.0% year on year. The net sales and operating profit have also shown a negative trend in the near term.

The operating profit margin has reached its lowest point in the last five quarters, indicating a deterioration in the company's efficiency. The PBT has also hit its lowest point in the last five quarters, showing a negative trend in the near term. The earnings per share (EPS) have also declined, indicating a decrease in profitability and lower earnings for shareholders.

Despite these challenges, MarketsMOJO believes that Supreme Industries has the potential to bounce back and has given a 'Buy' call for the stock. Investors should keep an eye on the company's financial performance in the upcoming quarters to see if it can turn things around.