ScoreWhy is Hitech Corporation Ltd ?
1
Strong ability to service debt as the company has a low Debt to EBITDA ratio of 2.12 times
2
Poor long term growth as Operating profit has grown by an annual rate -5.31% of over the last 5 years
- OPERATING PROFIT TO INTEREST(Q) Highest at 4.58 times
- NET SALES(Q) Highest at Rs 166.00 cr
- PBDIT(Q) Highest at Rs 21.36 cr.
3
With ROCE of 6.4, it has a Very Attractive valuation with a 1 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 -13.93%, its profits have risen by 5.1% ; the PEG ratio of the company is 5.9
4
Majority shareholders : Promoters
5
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -13.93% returns in the last 1 year, the stock has also underperformed BSE500 in each of the last 3 annual periods
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Hitech Corp. should be less than 10%
- Overall Portfolio exposure to Packaging should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Packaging)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Hitech Corp. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Hitech Corp.
-15.44%
-0.30
46.53%
Sensex
-6.58%
-0.51
12.94%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
5.50%
EBIT Growth (5y)
-5.31%
EBIT to Interest (avg)
2.53
Debt to EBITDA (avg)
1.39
Net Debt to Equity (avg)
0.49
Sales to Capital Employed (avg)
1.65
Tax Ratio
12.13%
Dividend Payout Ratio
21.52%
Pledged Shares
0
Institutional Holding
0.06%
ROCE (avg)
12.07%
ROE (avg)
8.41%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
17
Industry P/E
18
Price to Book Value
1.03
EV to EBIT
15.89
EV to EBITDA
6.53
EV to Capital Employed
1.02
EV to Sales
0.72
PEG Ratio
5.86
Dividend Yield
0.61%
ROCE (Latest)
6.40%
ROE (Latest)
3.41%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
No Trend
Mildly Bullish
OBV
Mildly Bearish
Mildly Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend23What is working for the Company
OPERATING PROFIT TO INTEREST(Q)
Highest at 4.58 times
NET SALES(Q)
Highest at Rs 166.00 cr
PBDIT(Q)
Highest at Rs 21.36 cr.
OPERATING PROFIT TO NET SALES(Q)
Highest at 12.87%
PBT LESS OI(Q)
Highest at Rs 6.68 cr.
PAT(Q)
Highest at Rs 8.33 cr.
EPS(Q)
Highest at Rs 5.17
-6What is not working for the Company
DEBT-EQUITY RATIO(HY)
Highest at 0.49 times
INVENTORY TURNOVER RATIO(HY)
Lowest at 8.61 times
DEBTORS TURNOVER RATIO(HY)
Lowest at 9.55 times
Loading Valuation Snapshot...
Here's what is working for Hitech Corp.
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 6.68 cr has Grown at 133.0% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 2.87 CrMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 8.33 cr has Grown at 224.3% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 2.57 CrMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Operating Profit to Interest - Quarterly
Highest at 4.58 times
in the last five quartersMOJO Watch
The company's ability to manage interest payments is improving
Operating Profit to Interest
Net Sales - Quarterly
Highest at Rs 166.00 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 21.36 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Highest at 12.87%
in the last five quartersMOJO Watch
Company's efficiency has improved
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 6.68 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 8.33 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 5.17
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Here's what is not working for Hitech Corp.
Debt-Equity Ratio - Half Yearly
Highest at 0.49 times and Grown
each half year in the last five half yearly periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Inventory Turnover Ratio- Half Yearly
Lowest at 8.61 times and Fallen
each half year in the last five half yearly periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
Debtors Turnover Ratio- Half Yearly
Lowest at 9.55 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio
Non Operating Income - Quarterly
Highest at Rs 2.91 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income
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