Ideaforge Technology Ltd (IDEAFORGE) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Rossell Techsys

Jaykay Enter.

Mishra Dhatu Nig

Sika Interplant

Paras Defence

Unimech Aero.

Avantel

Ideaforge Tech

NIBE

DCX Systems

CFF Fluid

Why is Ideaforge Technology Ltd ?

With a Operating Losses, the company has a Weak Long Term Fundamental Strength

Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of -23.07
The company has reported losses. Due to this company has reported negative ROCE
INTEREST(Q) Highest at Rs 1.64 cr

Risky - Negative EBITDA

The company has recorded a negative EBITDA of Rs. -78.73 cr
Over the past year, while the stock has generated a return of 61.43%, its profits have fallen by -291.4%
The stock is trading risky as compared to its average historical valuations

Real-Time Research Report

Verdict Report

How much should you sell?

All quantity irrespective of whether you are making profits or losses

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

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Ideaforge Tech for you?

High Risk, High Return

Absolute

Risk Adjusted

Volatility

Ideaforge Tech

61.42%

1.09

56.38%

Sensex

-4.15%

-0.31

13.42%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

6.73%

EBIT Growth (5y)

-202.78%

EBIT to Interest (avg)

-11.67

Debt to EBITDA (avg)

0.49

Net Debt to Equity (avg)

-0.18

Sales to Capital Employed (avg)

0.32

Tax Ratio

14.60%

Dividend Payout Ratio

Pledged Shares

5.13%

Institutional Holding

2.23%

ROCE (avg)

-7.07%

ROE (avg)

0.96%

Valuation

Valuation Scorecard

Valuation grade scale :

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

Valuation Key Factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

Price to Book Value

4.64

EV to EBIT

-66.24

EV to EBITDA

525.82

EV to Capital Employed

5.45

EV to Sales

11.21

PEG Ratio

Dividend Yield

ROCE (Latest)

-22.68%

ROE (Latest)

-16.34%

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Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bullish

Mildly Bearish

RSI

No Signal

Bollinger Bands

Bullish

Moving Averages

Mildly Bearish (Daily)

KST

Bearish

Dow Theory

Mildly Bullish

OBV

Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

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

39What is working for the Company

OPERATING PROFIT TO INTEREST(Q)

Highest at 37.63 times

NET SALES(Q)

Highest at Rs 141.04 cr

PBDIT(Q)

Highest at Rs 61.71 cr.

OPERATING PROFIT TO NET SALES(Q)

Highest at 43.75%

PBT LESS OI(Q)

Highest at Rs 48.30 cr.

PAT(Q)

Highest at Rs 59.99 cr.

EPS(Q)

Highest at Rs 13.86

-7What is not working for the Company

INTEREST(Q)

Highest at Rs 1.64 cr

Loading Valuation Snapshot...

Here's what is working for Ideaforge Tech

Net Sales - Quarterly

At Rs 141.04 cr has Grown at 435.3% (vs previous 4Q average)

over average Net Sales of the previous four quarters of Rs 26.35 Cr

MOJO Watch

Near term sales trend is very positive

Net Sales (Rs Cr)

Profit Before Tax less Other Income (PBT) - Quarterly

At Rs 48.30 cr has Grown at 260.1% (vs previous 4Q average)

over average PBT of the previous four quarters of Rs -30.16 Cr

MOJO Watch

Near term PBT trend is very positive

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly

At Rs 59.99 cr has Grown at 333.6% (vs previous 4Q average)

over average PAT of the previous four quarters of Rs -25.69 Cr

MOJO Watch

Near term PAT trend is very positive

PAT (Rs Cr)

Operating Profit to Interest - Quarterly

Highest at 37.63 times

in the last five quarters

MOJO Watch

The company's ability to manage interest payments is improving

Operating Profit to Interest

Net Sales - Quarterly

Highest at Rs 141.04 cr

in the last five quarters

MOJO Watch

Near term sales trend is positive

Net Sales (Rs Cr)

Operating Profit (PBDIT) - Quarterly

Highest at Rs 61.71 cr.

in the last five quarters

MOJO Watch

Near term Operating Profit trend is positive

Operating Profit (Rs Cr)

Operating Profit Margin - Quarterly

Highest at 43.75%

in the last five quarters

MOJO Watch

Company's efficiency has improved

Operating Profit to Sales

Profit Before Tax less Other Income (PBT) - Quarterly

Highest at Rs 48.30 cr.

in the last five quarters

MOJO Watch

Near term PBT trend is positive

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly

Highest at Rs 59.99 cr.

in the last five quarters

MOJO Watch

Near term PAT trend is positive

PAT (Rs Cr)

Earnings per Share (EPS) - Quarterly

Highest at Rs 13.86

in the last five quarters

MOJO Watch

Increasing profitability; company has created higher earnings for shareholders

EPS (Rs)

Here's what is not working for Ideaforge Tech

Interest - Quarterly

At Rs 1.64 cr has Grown at 56.19%

Quarter on Quarter (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)

Interest - Quarterly

Highest at Rs 1.64 cr

in the last five quarters and Increased by 56.19 % (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)

Non Operating Income - Quarterly

Highest at Rs 12.45 cr

in the last five quarters

MOJO Watch

Increased income from non business activities may not be sustainable

Non Operating Income