Dipped Products Plc

  • Market Cap: Large Cap
  • Industry: Miscellaneous
  • ISIN: LK0057N00006
LKR
58.00
0.5 (0.87%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Renuka Foods Plc
Dipped Products Plc
Samson International Plc
Richard Pieris & Co. Plc
BPPL Holdings Ltd.

Why 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 15.68% and Operating profit at 4.39%
4
Flat results in Dec 25
  • DEBT-EQUITY RATIO (HY) Highest at 21.28 %
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 -3.18%, its profits have fallen by -9.2%
  • At the current price, the company has a high dividend yield of 0.6
6
Below par performance in long term as well as near term
  • Along with generating -3.18% returns in the last 1 year, the stock has also underperformed Sri Lanka CSE All Share in the last 3 years, 1 year and 3 months
stock-recommendationReal-Time Research Report

Verdict Report

How much should you hold?

  1. Overall Portfolio exposure to Dipped Products Plc should be less than 10%
  2. 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%
1.89
33.41%
Sri Lanka CSE All Share
41.16%
2.63
15.67%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
15.68%
EBIT Growth (5y)
4.39%
EBIT to Interest (avg)
6.88
Debt to EBITDA (avg)
0.33
Net Debt to Equity (avg)
0.02
Sales to Capital Employed (avg)
1.91
Tax Ratio
26.39%
Dividend Payout Ratio
29.35%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
24.82%
ROE (avg)
26.73%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

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%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
No Trend
Mildly Bearish
OBV
No Trend
Mildly Bullish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

1What is working for the Company
RAW MATERIAL COST(Y)

Fallen by -16.87% (YoY

-2What is not working for the Company
DEBT-EQUITY RATIO (HY)

Highest at 21.28 %

Here's what is working for Dipped Products Plc

Raw Material Cost
Fallen by -16.87% (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 971.12 MM
in the last five periods
MOJO Watch
The expenditure on assets done by the company may have gone into operation

Depreciation (LKR MM)

Depreciation
At LKR 971.12 MM has Grown at 54.72%
period on period (QoQ)
MOJO Watch
The expenditure on assets done by the company has gone into productive use which should positively reflect in the future sales

Depreciation (LKR MM)

Here's what is not working for Dipped Products Plc

Debt-Equity Ratio
Highest at 21.28 % and Grown
In each half year in the last five Semi-Annual periods
MOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio