Mayur Floorings Receives 'Hold' Rating from MarketsMOJO Based on Technical Factors and Attractive Valuation

Mayur Floorings, a microcap company in the mining and minerals industry, has recently received a 'Hold' rating from MarketsMOJO. This upgrade is based on various technical factors, such as the stock being in a bullish range and improvements in its technical trend.
One of the key reasons for the 'Hold' rating is the stock's attractive valuation, with a ROCE of -1.2 and an enterprise value to capital employed ratio of 1.3. Additionally, the stock is currently trading at a discount compared to its historical valuations.

While the stock has generated a return of 20.56% in the past year, its profits have only risen by 6%. However, the PEG ratio of the company is 0, indicating a fair valuation.

The majority of shareholders in Mayur Floorings are non-institutional investors. However, the company's long-term fundamental strength is weak, with a -1.23% CAGR growth in operating profits over the last 5 years. Its ability to service its debt is also a concern, with a poor EBIT to interest ratio of 0.11.

In the latest quarter, the company's results were flat and its EPS(Q) was at its lowest at Rs 0.02. It has also underperformed the market in the last year, with a return of 20.56% compared to the market's return of 39.59%.

Overall, while Mayur Floorings may have some positive technical indicators, its weak long-term fundamentals and underperformance in the market suggest a 'Hold' rating for now. Investors should keep an eye on the company's future performance before making any investment decisions.