The stock has experienced a continuous decline over the past four trading sessions, resulting in a cumulative return of -10.66% during this period. Today's performance saw the share price fall by 2.43%, underperforming its sector by 2.1%. This downward trend contrasts sharply with the broader market, where the Sensex opened higher at 85,470.92 and was trading near its peak at 85,305.95, reflecting a 0.14% gain.
Edvenswa Enterprises is currently trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This positioning indicates sustained pressure on the stock price over multiple time horizons.
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Over the last year, Edvenswa Enterprises has recorded a return of -40.53%, a stark contrast to the Sensex’s 9.94% gain over the same period. The stock’s 52-week high was Rs.74.7, highlighting the extent of the decline. This performance also trails the BSE500 index across multiple time frames, including the last three years, one year, and three months.
Financial results for the recent quarter show a subdued picture. The Profit After Tax (PAT) stood at Rs.1.81 crore, reflecting a 22.0% reduction compared to the previous period. The Profit Before Depreciation, Interest, and Taxes (PBDIT) was recorded at Rs.3.04 crore, marking the lowest level in recent quarters. Additionally, the Return on Capital Employed (ROCE) for the half-year was at 10.69%, the lowest in the company’s recent history.
Despite these figures, the company maintains a low average Debt to Equity ratio of zero, indicating minimal leverage. Net sales have shown a robust annual growth rate of 43.20%, suggesting expansion in revenue streams over the longer term. The Return on Equity (ROE) stands at 9.8%, and the Price to Book Value ratio is 0.8, which places the stock at a valuation level considered fair relative to its peers’ historical averages.
Profitability metrics over the past year reveal a 51.3% rise in profits, even as the stock price declined significantly. The Price/Earnings to Growth (PEG) ratio is 0.2, indicating a valuation that factors in earnings growth. The majority shareholding remains with the company’s promoters, maintaining stable ownership structure.
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In comparison to the broader market, Edvenswa Enterprises’ recent performance diverges notably. While the Sensex is trading above its 50-day and 200-day moving averages, supported by gains in mega-cap stocks, Edvenswa’s share price remains below all major moving averages. This divergence highlights the stock’s relative weakness within its sector and the wider market.
The company’s long-term growth in net sales at an annual rate exceeding 40% contrasts with the subdued profitability and share price performance. This disparity suggests that while revenue expansion is ongoing, it has not yet translated into consistent earnings growth or market confidence reflected in the stock price.
Overall, Edvenswa Enterprises’ stock reaching a 52-week low of Rs.36.1 underscores the challenges faced in aligning market valuation with the company’s financial metrics. The stock’s current valuation metrics, including a Price to Book Value below 1 and a PEG ratio of 0.2, indicate that the market is pricing in cautious expectations despite the company’s revenue growth and low leverage.
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