Calcom Vision Receives 'Hold' Rating from MarketsMOJO

Calcom Vision, a microcap company in the consumer electronics industry, has recently received a 'Hold' rating from MarketsMOJO on December 5, 2023. This upgrade comes as the company has shown healthy long-term growth, with net sales increasing by 34.18% annually and operating profit at 46.82%.
Technically, the stock is currently in a Mildly Bullish range, with multiple factors such as Bollinger Band, KST, and OBV indicating a bullish trend. The majority shareholders of Calcom Vision are the promoters, which can be seen as a positive sign for the company's stability and growth.

However, the company did report negative results in September 2023, with a decrease in PAT (9M) by -47.45% and the lowest PBDIT (Q) at Rs 1.93 crore. The operating profit to net sales (Q) was also at its lowest at 4.93%. Additionally, with a ROCE of 11.3, the company's valuation is considered expensive, with an enterprise value to capital employed ratio of 2.8.

Despite these challenges, the stock is currently trading at a discount compared to its average historical valuations. In the past year, the stock has generated a return of 13.54%, while its profits have only risen by 6.4%. This has resulted in a PEG ratio of 56.4, indicating that the stock may be overvalued.

In conclusion, while Calcom Vision has shown promising growth in the long term, the recent negative results and expensive valuation may have contributed to the 'Hold' rating from MarketsMOJO. Investors should carefully consider these factors before making any decisions regarding this microcap company in the consumer electronics industry.