Why is Cords Cable Industries Ltd ?
1
High Management Efficiency with a high ROCE of 15.70%
2
Poor long term growth as Operating profit has grown by an annual rate 10.50% of over the last 5 years
3
The company has declared Positive results for the last 8 consecutive quarters
- PAT(Latest six months) At Rs 7.45 cr has Grown at 35.21%
- ROCE(HY) Highest at 16.63%
- PBT LESS OI(Q) At Rs 4.31 cr has Grown at 48.11%
4
With ROCE of 17.3, it has a Very Attractive valuation with a 1.2 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -4.92%, its profits have risen by 42.2% ; the PEG ratio of the company is 0.4
5
Majority shareholders : Promoters
How much should you hold?
- Overall Portfolio exposure to Cords Cable should be less than 10%
- Overall Portfolio exposure to Cables - Electricals should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Cables - Electricals)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Cords Cable for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Cords Cable
-5.57%
-0.10
50.10%
Sensex
4.66%
0.39
11.83%
Quality key factors
Factor
Value
Sales Growth (5y)
21.01%
EBIT Growth (5y)
10.50%
EBIT to Interest (avg)
1.42
Debt to EBITDA (avg)
1.98
Net Debt to Equity (avg)
0.40
Sales to Capital Employed (avg)
2.29
Tax Ratio
25.38%
Dividend Payout Ratio
8.81%
Pledged Shares
0
Institutional Holding
1.38%
ROCE (avg)
15.16%
ROE (avg)
5.74%
Valuation Key Factors 
Factor
Value
P/E Ratio
15
Industry P/E
44
Price to Book Value
1.34
EV to EBIT
7.18
EV to EBITDA
5.96
EV to Capital Employed
1.24
EV to Sales
0.37
PEG Ratio
0.36
Dividend Yield
0.51%
ROCE (Latest)
17.27%
ROE (Latest)
8.75%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Sideways
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Bullish
Bullish
Technical Movement
14What is working for the Company
PAT(Latest six months)
At Rs 7.45 cr has Grown at 35.21%
ROCE(HY)
Highest at 16.63%
PBT LESS OI(Q)
At Rs 4.31 cr has Grown at 48.11%
DEBTORS TURNOVER RATIO(HY)
Highest at 4.44 times
NET SALES(Q)
At Rs 225.70 cr has Grown at 23.37%
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Loading Valuation Snapshot...
Here's what is working for Cords Cable
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 4.31 cr has Grown at 48.11%
Year on Year (YoY)MOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Latest six months
At Rs 7.45 cr has Grown at 35.21%
Year on Year (YoY)MOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Net Sales - Quarterly
At Rs 225.70 cr has Grown at 23.37%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Debtors Turnover Ratio- Half Yearly
Highest at 4.44 times
in the last five half yearly periodsMOJO Watch
Company has been able to settle its Debtors faster
Debtors Turnover Ratio






