MarketsMOJO Upgrades M K Proteins to 'Hold' Rating Based on Strong Management Efficiency and Debt Servicing Ability

M K Proteins, a microcap company in the solvent extraction industry, has recently received a 'Hold' rating from MarketsMOJO on October 14, 2024. This upgrade is based on the company's high management efficiency, with a ROCE (Return on Capital Employed) of 27.04%. Additionally, the company has a strong ability to service its debt, with a healthy EBIT (Earnings Before Interest and Taxes) 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 4.5. Despite the stock's negative return of -67.89% in the past year, the company's profits have still increased by 5%. However, the PEG (Price/Earnings to Growth) ratio of the company is 4.8, indicating a potentially overvalued stock.

M K Proteins is primarily owned by its promoters, who hold the majority of the company's shares. In the last quarter, the company's net sales have fallen by -24.76%, resulting in flat results. The stock is currently in a mildly bearish range and both its KST (Know Sure Thing) and DOW (Dow Theory) technical factors are also bearish.

In the past year, M K Proteins has underperformed the market (BSE 500) by generating negative returns of -67.89%, while the market has generated returns of 35.61%. This indicates that the stock may not be a strong performer in the current market conditions. Overall, with a 'Hold' rating and mixed technical indicators, investors may want to carefully consider their options before investing in M K Proteins.