Monte Carlo Fashions Experiences Quality Grade Change Amid Mixed Financial Performance

Monte Carlo Fashions has recently undergone an evaluation revision, reflecting a shift in its quality assessment. The company, operating in the Garments & Apparels sector, has shown a mixed performance across various financial metrics. Over the past five years, sales growth has been reported at -0.78%, while EBIT growth has seen a decline of 15.24%.
In terms of financial stability, the average EBIT to interest ratio stands at 4.09, indicating a reasonable ability to cover interest expenses. The debt to EBITDA ratio is recorded at 2.46, and net debt to equity is at 0.31, suggesting a moderate leverage position. The company's sales to capital employed ratio is 0.90, which reflects its efficiency in utilizing capital.

Monte Carlo Fashions has a tax ratio of 28.74% and a dividend payout ratio of 69.17%, indicating a commitment to returning value to shareholders. The institutional holding is relatively low at 2.94%. Return on capital employed (ROCE) averages 14.58%, while return on equity (ROE) averages 11.50%.

When compared to its peers, Monte Carlo Fashions maintains an average standing, with competitors like Vaibhav Global and Siyaram Silk also positioned similarly. However, Restaurant Brands is noted to be below average, highlighting a competitive landscape within the industry.