ScoreWhy is Dipped Products Plc ?
1
High Management Efficiency with a high ROE of 26.73%
2
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 6.88
3
Healthy long term growth as Net Sales has grown by an annual rate of 18.28% and Operating profit at 11.93%
4
Flat results in Jun 25
- OPERATING CASH FLOW(Y) Lowest at LKR 6,053.12 MM
- INTEREST(Q) At LKR 265.67 MM has Grown at 467.6%
- DEBT-EQUITY RATIO (HY) Highest at 17.02 %
5
With ROE of 16.05%, it has a very attractive valuation with a 1.23 Price to Book Value
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 22.13%, its profits have fallen by -9.2%
- At the current price, the company has a high dividend yield of 0.6
6
Underperformed the market in the last 1 year
- The stock has generated a return of 22.13% in the last 1 year, much lower than market (Sri Lanka CSE All Share) returns of 60.36%
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Dipped Products Plc should be less than 10%
- Overall Portfolio exposure to Miscellaneous should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Miscellaneous)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Dipped Products Plc for you?
Medium Risk, High Return
Absolute
Risk Adjusted
Volatility
Dipped Products Plc
-100.0%
1.96
36.28%
Sri Lanka CSE All Share
60.36%
3.50
17.24%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
18.28%
EBIT Growth (5y)
11.93%
EBIT to Interest (avg)
6.88
Debt to EBITDA (avg)
0.33
Net Debt to Equity (avg)
0.02
Sales to Capital Employed (avg)
1.94
Tax Ratio
26.39%
Dividend Payout Ratio
29.35%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
24.82%
ROE (avg)
26.73%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
8
Industry P/E
Price to Book Value
1.23
EV to EBIT
7.04
EV to EBITDA
5.07
EV to Capital Employed
1.21
EV to Sales
0.53
PEG Ratio
NA
Dividend Yield
0.59%
ROCE (Latest)
17.24%
ROE (Latest)
16.05%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
Bearish
Bollinger Bands
Mildly Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend3What is working for the Company
RAW MATERIAL COST(Y)
Fallen by -3.98% (YoY
INVENTORY TURNOVER RATIO(HY)
Highest at 5.4%
NET SALES(Q)
Highest at LKR 22,269.97 MM
-6What is not working for the Company
OPERATING CASH FLOW(Y)
Lowest at LKR 6,053.12 MM
INTEREST(Q)
At LKR 265.67 MM has Grown at 467.6%
DEBT-EQUITY RATIO
(HY)
Highest at 17.02 %
Here's what is working for Dipped Products Plc
Net Sales
Highest at LKR 22,269.97 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (LKR MM)
Inventory Turnover Ratio
Highest at 5.4%
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Raw Material Cost
Fallen by -3.98% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Depreciation
Highest at LKR 640.6 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (LKR MM)
Here's what is not working for Dipped Products Plc
Operating Cash Flow
Lowest at LKR 6,053.12 MM and Fallen
In each year in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (LKR MM)
Interest
At LKR 265.67 MM has Grown at 467.6%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (LKR MM)
Debt-Equity Ratio
Highest at 17.02 %
in the last five Semi-Annual periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
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