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MIC Electronics

  • Market Cap: Small Cap
  • Industry: Industrial Manufacturing
  • ISIN: INE287C01037
  • NSEID: MICEL
  • BSEID: 532850
INR
44.69
-0.2 (-0.45%)
BSENSE

Dec 05

BSE+NSE Vol: 3.57 lacs

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  • 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

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Comparison
Company
Score
Quality
Valuation
Financial
Technical
Rajoo Engineers
Indef Manufactur
Mamata Machinery
Macpower CNC
Bajaj Steel Inds
ICE Make Refrig.
MIC Electronics
Walchan. Inds.
Fabtech Tech.
Lloyds Engg. PP
OSEL Devices
Why is MIC Electronics Ltd ?
1
Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 4.66%
  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 6.74 times
2
Flat results in Sep 25
  • PAT(9M) At Rs 7.41 cr has Grown at -86.20%
  • INTEREST(9M) At Rs 4.35 cr has Grown at 36.36%
  • DEBTORS TURNOVER RATIO(HY) Lowest at 0.12 times
3
With ROCE of 6.4, it has a Very Expensive valuation with a 4.2 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 -50.37%, its profits have fallen by -83%
4
Reducing Promoter Confidence
  • Promoters have decreased their stake in the company by -4.05% over the previous quarter and currently hold 58.01% of the company
  • Promoters decreasing their stake may signify reduced confidence in the future of the business
5
Underperformed the market in the last 1 year
  • Even though the market (BSE500) has generated returns of 1.95% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -50.37% returns
stock-recommendationReal-Time Research Report
Verdict Report
How much should you sell?
  1. 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 Industrial Manufacturing)

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

Is MIC Electronics for you?

High Risk, Low Return

Absolute
Risk Adjusted
Volatility
MIC Electronics
-50.52%
-0.89
56.89%
Sensex
4.73%
0.40
11.83%
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)
118.92%
EBIT Growth (5y)
21.75%
EBIT to Interest (avg)
1.98
Debt to EBITDA (avg)
2.65
Net Debt to Equity (avg)
0.16
Sales to Capital Employed (avg)
0.35
Tax Ratio
25.27%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.16%
ROCE (avg)
6.00%
ROE (avg)
10.74%
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
113
Industry P/E
29
Price to Book Value
4.75
EV to EBIT
65.60
EV to EBITDA
56.80
EV to Capital Employed
4.23
EV to Sales
10.57
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
6.45%
ROE (Latest)
4.19%
Loading Valuation Snapshot...
stock-recommendationTechnicals
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
Bullish
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
No Trend
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

9What is working for the Company
NET SALES(9M)

At Rs 94.35 cr has Grown at 54.34%

OPERATING CF(Y)

Highest at Rs 2.46 Cr

-10What is not working for the Company
PAT(9M)

At Rs 7.41 cr has Grown at -86.20%

INTEREST(9M)

At Rs 4.35 cr has Grown at 36.36%

DEBTORS TURNOVER RATIO(HY)

Lowest at 0.12 times

Loading Valuation Snapshot...
Here's what is working for MIC Electronics
Operating Cash Flow - Annually
Highest at Rs 2.46 Cr
in the last three years
MOJO Watch
The company has generated higher cash revenues from business operations

Operating Cash Flows (Rs Cr)

Net Sales - Quarterly
At Rs 37.89 cr has Grown at 37.98%
Year on Year (YoY)
MOJO Watch
Near term sales trend is positive

Net Sales (Rs Cr)

Here's what is not working for MIC Electronics
Profit After Tax (PAT) - Nine Monthly
At Rs 7.41 cr has Grown at -86.20%
Year on Year (YoY)
MOJO Watch
Near term PAT trend is very negative

PAT (Rs Cr)

Interest - Nine Monthly
At Rs 4.35 cr has Grown at 36.36%
over preceding nine months period
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)

Debtors Turnover Ratio- Half Yearly
Lowest at 0.12 times
in the last five half yearly periods
MOJO Watch
Company's pace of settling its Debtors has slowed

Debtors Turnover Ratio

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