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Hayleys Fabric Plc

  • Market Cap: Small Cap
  • Industry: Garments & Apparels
  • ISIN: LK0335N00006
LKR
29.60
-0.4 (-1.33%)

Jul 20

COL

 View all stocks in this country
  • 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
Hayleys Fabric Plc
Ambeon Holdings Plc
Teejay Lanka Plc

Why is Hayleys Fabric Plc ?

1
Healthy long term growth as Net Sales has grown by an annual rate of 20.95% and Operating profit at 12.19%
2
With a fall in Net Profit of -60.37%, the company declared Very Negative results in Mar 26
  • The company has declared negative results for the last 4 consecutive quarters
  • OPERATING CASH FLOW(Y) Lowest at LKR 1,399.44 MM
  • ROCE(HY) Lowest at 5.33%
  • INTEREST(Q) At LKR 183.46 MM has Grown at 23.24%
3
With ROE of 5.09%, it has a very expensive valuation with a 1.08 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 -36.75%, its profits have fallen by -70.3%
  • At the current price, the company has a high dividend yield of 0.9
4
Underperformed the market in the last 1 year
  • Even though the market (Sri Lanka CSE All Share) has generated returns of 11.95% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -36.75% returns
stock-recommendationReal-Time Research Report

Verdict Report

How much should you hold?

  1. Overall Portfolio exposure to Hayleys Fabric Plc should be less than 10%
  2. Overall Portfolio exposure to Garments & Apparels should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Garments & Apparels)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Hayleys Fabric Plc for you?

Medium Risk, Low Return

Absolute
Risk Adjusted
Volatility
Hayleys Fabric Plc
-36.75%
-1.14
27.42%
Sri Lanka CSE All Share
11.95%
0.72
16.49%
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)
20.95%
EBIT Growth (5y)
12.19%
EBIT to Interest (avg)
3.06
Debt to EBITDA (avg)
2.61
Net Debt to Equity (avg)
0.76
Sales to Capital Employed (avg)
1.95
Tax Ratio
38.68%
Dividend Payout Ratio
31.55%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
16.48%
ROE (avg)
19.10%
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
21
Industry P/E
Price to Book Value
1.08
EV to EBIT
14.55
EV to EBITDA
7.83
EV to Capital Employed
1.05
EV to Sales
0.59
PEG Ratio
NA
Dividend Yield
0.94%
ROCE (Latest)
7.19%
ROE (Latest)
5.09%
stock-recommendationTechnicals

Technical key factors

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

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

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

0What is working for the Company
NO KEY POSITIVE TRIGGERS
-22What is not working for the Company
OPERATING CASH FLOW(Y)

Lowest at LKR 1,399.44 MM

ROCE(HY)

Lowest at 5.33%

INTEREST(Q)

At LKR 183.46 MM has Grown at 23.24%

PRE-TAX PROFIT(Q)

At LKR 183.05 MM has Fallen at -50.92%

NET PROFIT(Q)

At LKR 95.64 MM has Fallen at -60.36%

DIVIDEND PAYOUT RATIO(Y)

Lowest at 0%

DEBTORS TURNOVER RATIO(HY)

Lowest at 6.26 times

DIVIDEND PER SHARE(HY)

Lowest at LKR 6.26

Here's what is not working for Hayleys Fabric Plc

Operating Cash Flow
Lowest at LKR 1,399.44 MM and Fallen
In each year in the last three years
MOJO Watch
The company's cash revenues from business operations are falling

Operating Cash Flows (LKR MM)

Interest
At LKR 183.46 MM has Grown at 23.24%
period on period (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (LKR MM)

Pre-Tax Profit
At LKR 183.05 MM has Fallen at -50.92%
over average net sales of the previous four periods of LKR 372.97 MM
MOJO Watch
Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (LKR MM)

Net Profit
At LKR 95.64 MM has Fallen at -60.36%
over average net sales of the previous four periods of LKR 241.26 MM
MOJO Watch
Near term Net Profit trend is very negative

Net Profit (LKR MM)

Debtors Turnover Ratio
Lowest at 6.26 times
in the last five Semi-Annual periods
MOJO Watch
Company's pace of selling Debtors has slowed

Debtors Turnover Ratio

Dividend per share
Lowest at LKR 6.26
in the last five years
MOJO Watch
Company is distributing lower dividend than previous years

DPS (LKR)

Dividend Payout Ratio
Lowest at 0%
in the last five years
MOJO Watch
Company is distributing lower proportion of profits generated as dividend

DPR (%)

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