Navneet Education Receives 'Hold' Rating from MarketsMOJO, Strong Financial Position and Promoter Confidence Indicate Potential

Navneet Education, a smallcap company in the printing and publishing industry, has recently received a 'Hold' rating from MarketsMOJO on 2024-09-16. This upgrade is based on several factors, including the company's low Debt to Equity ratio of 0.01 times, indicating a strong financial position.
Technically, the stock is currently in a Mildly Bullish range, with the trend improving from Sideways on 13-Sep-24. The Bollinger Band and DOW technical factors also suggest a Mildly Bullish outlook for the stock.

With a ROCE of 15.1, Navneet Education is considered to have a Fair valuation with a 2.4 Enterprise value to Capital Employed. However, the stock is currently trading at a premium compared to its average historical valuations. In the past year, the stock has generated a return of -2.15%, while its profits have fallen by -0.6%.

The majority shareholders of Navneet Education are its promoters, indicating a strong belief in the company's potential. However, the company has shown poor long-term growth, with an annual rate of -3.93% in Operating profit over the last 5 years.

In the recent quarter, the company's results were flat, with a growth of 35.48% in INTEREST(Q) at Rs 6.72 cr and a decrease of -7.9% in PAT(Q) at Rs 133.41 cr. The company also has the lowest CASH AND CASH EQUIVALENTS(HY) at Rs 24.71 cr.

Overall, Navneet Education has shown below par performance in both the long term and near term. In addition to underperforming the BSE 500 index in the last 3 years, 1 year, and 3 months, the stock has also generated negative returns of -2.15% in the last 1 year. Investors are advised to hold their positions in the stock and monitor its performance closely.