MarketsMOJO Upgrades M K Proteins to 'Hold' Rating Based on Strong Management Efficiency and Attractive Valuation

M K Proteins, a microcap company in the solvent extraction industry, has recently received a 'Hold' rating from MarketsMOJO on August 22, 2024. This upgrade is based on the company's high management efficiency, with a ROCE of 27.04%, and its strong ability to service its debt, with an EBIT to Interest ratio of 11.36.
The company also has an attractive valuation, with a ROCE of 19.8 and an Enterprise value to Capital Employed ratio of 5.2. However, the stock is currently trading at a lower value compared to its historical average.

In the past year, M K Proteins has seen a decline in its stock price by -58.43%, but its profits have still managed to increase by 5%. The PEG ratio of the company stands at 5.6.

The majority shareholders of M K Proteins are its promoters. In the latest quarter, the company's net sales have fallen by -24.76% to Rs 57.33 crore. The stock is currently in a mildly bearish range, with a deteriorating technical trend since August 1, 2024, resulting in a -13.5% return.

The Bollinger Band and DOW technical factors for the stock are also mildly bearish. In the last year, M K Proteins has underperformed the market, with negative returns of -58.43%, while the market (BSE 500) has generated positive returns of 37.99%. Overall, MarketsMOJO has upgraded the stock to a 'Hold' rating, taking into consideration its current financial and technical performance.