Hexa Tradex's Quality Score Revision Reflects Mixed Financial Performance and Growth Challenges

Hexa Tradex, a small-cap player in the Non-Banking Financial Company (NBFC) sector, has recently undergone an evaluation adjustment, reflecting a revision in its quality score. This adjustment is attributed to various underlying financial metrics that provide insight into the company's operational performance.
Over the past five years, Hexa Tradex has demonstrated notable sales growth of 39.75%, alongside an EBIT growth of 12.78%. However, the company has faced challenges, as indicated by its average EBIT to interest ratio of -0.84 and a debt to EBITDA ratio averaging 36.09. The net debt to equity ratio remains low at 0.07, suggesting a manageable level of debt relative to equity.

The tax ratio stands at 84.60%, which may impact net profitability. Additionally, the company's return on capital employed (ROCE) and return on equity (ROE) average at 0.61% and 0.23%, respectively. Despite these figures, Hexa Tradex's institutional holding is relatively low at 0.17%, which may reflect cautious sentiment among larger investors.

In summary, the recent evaluation adjustment for Hexa Tradex highlights a shift in its quality assessment, driven by a combination of growth metrics and financial ratios that characterize its current market position.

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