Jash Engineering

  • Market Cap: Small Cap
  • Industry: Industrial Manufacturing
  • ISIN: INE039O01029
  • NSEID: JASH
  • BSEID: 544402
INR
513.80
-7.25 (-1.39%)
BSENSE

Sep 11, 03:30 PM

BSE+NSE Vol: 96.76 k

  • 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
Pitti Engg.
OBSC Perfection
WPIL
Jash Engineering
HLE Glascoat
John Cockerill
Kilburn Engg.
The Anup Enginee
Windsor Machines
Concord Control
Aimtron

Why is Jash Engineering Ltd ?

1
Company has a Debt to Equity ratio (avg) of 0.10 times
2
Poor long term growth as Operating profit has grown by an annual rate 16.95% of over the last 5 years
3
Flat results in Jun 26
  • ROCE(HY) Lowest at 16.55%
  • DEBTORS TURNOVER RATIO(HY) Lowest at 2.45 times
  • NON-OPERATING INCOME(Q) is 93.28 % of Profit Before Tax (PBT)
4
With ROE of 14.7, it has a Very Expensive valuation with a 6.2 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 -0.86%, its profits have risen by 4.9% ; the PEG ratio of the company is 9.1
5
Despite the size of the company, domestic mutual funds hold only 0% of the company
  • Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business
stock-recommendationReal-Time Research Report

Verdict Report

How much should you hold?

  1. Overall Portfolio exposure to Jash Engineering should be less than 10%
  2. Overall Portfolio exposure to Industrial Manufacturing should be less than 30%

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

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

Is Jash Engineering for you?

High Risk, Medium Return

Absolute
Risk Adjusted
Volatility
Jash Engineering
-0.86%
-0.02
39.88%
Sensex
-8.3%
-0.62
13.46%
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)
19.44%
EBIT Growth (5y)
16.95%
EBIT to Interest (avg)
6.60
Debt to EBITDA (avg)
1.20
Net Debt to Equity (avg)
-0.01
Sales to Capital Employed (avg)
1.32
Tax Ratio
16.62%
Dividend Payout Ratio
14.31%
Pledged Shares
0
Institutional Holding
1.85%
ROCE (avg)
21.08%
ROE (avg)
18.56%
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
38
Industry P/E
43
Price to Book Value
6.25
EV to EBIT
34.67
EV to EBITDA
28.35
EV to Capital Employed
6.29
EV to Sales
4.27
PEG Ratio
9.06
Dividend Yield
0.12%
ROCE (Latest)
16.02%
ROE (Latest)
14.67%
Loading Valuation Snapshot...
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Mildly Bearish
RSI
Bearish
No Signal
Bollinger Bands
Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Mildly Bullish
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

10What is working for the Company
PAT(Q)

At Rs 4.86 cr has Grown at 195.5%

DEBT-EQUITY RATIO(HY)

Lowest at 0.20 times

-5What is not working for the Company
ROCE(HY)

Lowest at 16.55%

DEBTORS TURNOVER RATIO(HY)

Lowest at 2.45 times

NON-OPERATING INCOME(Q)

is 93.28 % of Profit Before Tax (PBT

Loading Valuation Snapshot...

Here's what is working for Jash Engineering

Profit After Tax (PAT) - Quarterly
At Rs 4.86 cr has Grown at 195.5%
Year on Year (YoY)
MOJO Watch
Near term PAT trend is very positive

PAT (Rs Cr)

Debt-Equity Ratio - Half Yearly
Lowest at 0.20 times
in the last five half yearly periods
MOJO Watch
The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Here's what is not working for Jash Engineering

Non Operating Income - Quarterly
is 93.28 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model

Non Operating Income to PBT

Debtors Turnover Ratio- Half Yearly
Lowest at 2.45 times
in the last five half yearly periods
MOJO Watch
Company's pace of settling its Debtors has slowed

Debtors Turnover Ratio