Monte Carlo Fashions Faces Quality Grade Downgrade Amid Financial Performance Challenges

Monte Carlo Fashions has recently undergone an evaluation revision, reflecting shifts in its financial performance metrics. The company, operating within the Garments & Apparels industry, has reported a five-year sales growth of 5.02%. However, it has faced challenges with a decline in EBIT growth over the same period, recorded at -4.49%.
In terms of financial stability, Monte Carlo's EBIT to interest ratio stands at 4.43, indicating a reasonable ability to cover interest expenses. The company's debt metrics show a debt to EBITDA ratio of 2.62 and a net debt to equity ratio of 0.62, suggesting a moderate leverage position. The sales to capital employed ratio is at 0.88, which reflects the efficiency of capital utilization.

The company's tax ratio is reported at 28.53%, with a dividend payout ratio of 51.08%, indicating a commitment to returning value to shareholders. Institutional holding is relatively low at 2.56%.

When compared to its peers, Monte Carlo Fashions shares a below-average quality assessment alongside several competitors, including Coffee Day Enterprises and VIP Clothing. This context highlights the competitive landscape within the industry, where performance metrics are crucial for positioning in the market.