Superior Finlease Receives 'Hold' Rating from MarketsMOJO

Superior Finlease, a microcap finance company, has recently received a 'Hold' rating from MarketsMOJO on December 5, 2023. The stock is currently in a Mildly Bullish range and has shown multiple bullish indicators such as MACD, Bollinger Band, and KST. However, with a ROE of -1.7, the stock is considered to have an attractive valuation with a 1.5 Price to Book Value.
Despite the stock's fair value compared to its historical valuations, it has generated a negative return of -25.22% in the past year, with a decline of -32% in profits. The majority shareholders of Superior Finlease are non-institutional investors.

The company's long-term fundamental strength is weak due to operating losses and poor growth in operating profit. In the latest quarter, the company reported flat results and its cash and cash equivalents were at a low of Rs 0.74 crore. The EPS for the quarter was also at a low of Rs -0.03.

Moreover, Superior Finlease has consistently underperformed against the benchmark in the last 3 years. Along with the negative return in the past year, the stock has also underperformed BSE 500 in each of the last 3 annual periods. While the stock may have potential for growth in the future, it is currently recommended to hold the stock and monitor its performance closely.