ScoreWhy is Ajax Engineering Ltd ?
1
Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 20.04%
- Healthy long term growth as Net Sales has grown by an annual rate of 34.20% and Operating profit at 37.63%
- The company is Net-Debt Free
2
The company has declared Negative results for the last 3 consecutive quarters
- PAT(Q) At Rs 40.53 cr has Fallen at -35.4% (vs previous 4Q average)
- NET SALES(Q) Lowest at Rs 433.55 cr
- PBDIT(Q) Lowest at Rs 44.50 cr.
3
With ROE of 17.8, it has a Fair valuation with a 5.1 Price to Book Value
- Over the past year, while the stock has generated a return of -17.96%, its profits have risen by 16%
4
Majority shareholders : Promoters
5
Underperformed the market in the last 1 year
- Even though the market (BSE500) has generated returns of 5.38% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -17.96% returns
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Ajax Engineering should be less than 10%
- Overall Portfolio exposure to Automobiles should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Automobiles)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Ajax Engineering for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Ajax Engineering
-17.96%
-0.49
36.40%
Sensex
-3.74%
-0.28
13.48%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
34.20%
EBIT Growth (5y)
37.63%
EBIT to Interest (avg)
12.85
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
-0.53
Sales to Capital Employed (avg)
1.77
Tax Ratio
25.66%
Dividend Payout Ratio
11.03%
Pledged Shares
0
Institutional Holding
15.81%
ROCE (avg)
69.64%
ROE (avg)
20.04%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
28
Industry P/E
40
Price to Book Value
5.06
EV to EBIT
22.65
EV to EBITDA
21.67
EV to Capital Employed
9.68
EV to Sales
2.70
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
50.18%
ROE (Latest)
17.84%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Mildly Bullish
Mildly Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend0What is working for the Company
NO KEY POSITIVE TRIGGERS
-14What is not working for the Company
PAT(Q)
At Rs 40.53 cr has Fallen at -35.4% (vs previous 4Q average
NET SALES(Q)
Lowest at Rs 433.55 cr
PBDIT(Q)
Lowest at Rs 44.50 cr.
PBT LESS OI(Q)
Lowest at Rs 41.55 cr.
EPS(Q)
Lowest at Rs 3.34
Loading Valuation Snapshot...
Here's what is not working for Ajax Engineering
Net Sales - Quarterly
At Rs 433.55 cr has Fallen at -21.7% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 553.82 CrMOJO Watch
Near term sales trend is very negative
Net Sales (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 40.53 cr has Fallen at -35.4% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 62.76 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Net Sales - Quarterly
Lowest at Rs 433.55 cr
in the last five quartersMOJO Watch
Near term sales trend is negative
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Lowest at Rs 44.50 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs 41.55 cr.
in the last five quartersMOJO Watch
Near term PBT trend is negative
PBT less Other Income (Rs Cr)
Earnings per Share (EPS) - Quarterly
Lowest at Rs 3.34
in the last five quartersMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (Rs)
Non Operating Income - Quarterly
Highest at Rs 13.26 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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