ScoreWhy is Finolex Cables Ltd. ?
1
The company is Net-Debt Free
2
With ROE of 11.6, it has a Fair valuation with a 2.8 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 15.95%, its profits have fallen by -2%
3
High Institutional Holdings at 26.05%
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
- Their stake has increased by 0.86% over the previous quarter.
4
Market Beating Performance
- The stock has generated a return of 15.95% in the last 1 year, much higher than market (BSE500) returns of 4.81%
Real-Time Research ReportHow much should you buy?
- Overall Portfolio exposure to Finolex Cables 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 Finolex Cables for you?
Medium Risk, High Return
Absolute
Risk Adjusted
Volatility
Finolex Cables
16.28%
0.55
29.71%
Sensex
-3.33%
-0.25
13.43%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
19.01%
EBIT Growth (5y)
14.84%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
-0.47
Sales to Capital Employed (avg)
0.98
Tax Ratio
23.19%
Dividend Payout Ratio
17.46%
Pledged Shares
0
Institutional Holding
26.05%
ROCE (avg)
16.25%
ROE (avg)
13.58%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
24
Industry P/E
44
Price to Book Value
2.81
EV to EBIT
24.07
EV to EBITDA
21.89
EV to Capital Employed
4.43
EV to Sales
2.24
PEG Ratio
NA
Dividend Yield
0.76%
ROCE (Latest)
17.88%
ROE (Latest)
11.65%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Bullish
Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend4What is working for the Company
PAT(Latest six months)
At Rs 326.67 cr has Grown at 23.21%
NET SALES(Q)
Highest at Rs 1,598.62 cr
-4What is not working for the Company
ROCE(HY)
Lowest at 15.10%
CASH AND CASH EQUIVALENTS(HY)
Lowest at Rs 54.94 cr
Loading Valuation Snapshot...
Here's what is working for Finolex Cables
Profit After Tax (PAT) - Latest six months
At Rs 326.67 cr has Grown at 23.21%
Year on Year (YoY)MOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Net Sales - Quarterly
Highest at Rs 1,598.62 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Net Sales - Quarterly
At Rs 1,598.62 cr has Grown at 35.23%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Here's what is not working for Finolex Cables
Cash and Cash Equivalents - Half Yearly
Lowest at Rs 54.94 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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