Mayur Floorings Adjusts Evaluation Score Amid Mixed Technical Trends and Profit Decline

Mayur Floorings, a microcap company in the miscellaneous industry, has recently undergone an adjustment in its evaluation score. This revision reflects a shift in technical trends, moving from a mildly bullish stance to a bullish outlook. The technical indicators present a mixed picture, with the MACD showing bullish signals on a weekly basis while remaining mildly bearish on a monthly basis. The Bollinger Bands indicate a mildly bullish trend for both weekly and monthly periods, while the daily moving averages are bullish.
In terms of performance metrics, Mayur Floorings has generated a notable return of 40.29% over the past year, significantly outperforming the BSE500 index. However, the company has faced challenges, including a decline in profits of 137% during the same period. The return on capital employed (ROCE) stands at 3.7, suggesting an attractive valuation relative to its enterprise value to capital employed ratio of 1.4.

Despite the recent evaluation adjustment, the company has shown weak long-term fundamental strength, with net sales growing at an annual rate of 5.21% and operating profit at 1.55% over the last five years. The ability to service debt remains a concern, highlighted by a poor EBIT to interest ratio of 0.13.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.