Why is Miraculum SA ?
1
Poor Management Efficiency with a low ROCE of 0%
- The company has reported losses and also has negative networth. This is not a good sign for the investors. Either company will have to raise fresh capital or report profits to sustain going forward
2
The company is Net-Debt Free
- Poor long term growth as Net Sales has grown by an annual rate of 19.80% and Operating profit at 14.93% over the last 5 years
- The company is Net-Debt Free
- The company has reported losses. Due to this company has reported negative ROE
3
Poor long term growth as Net Sales has grown by an annual rate of 19.80% and Operating profit at 14.93% over the last 5 years
4
Risky -
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -31.35%, its profits have risen by 59%
5
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -31.35% returns in the last 1 year, the stock has also underperformed Poland WIG in each of the last 3 annual periods
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 Retailing)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Miraculum SA for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
Miraculum SA
-100.0%
-1.50
33.81%
Poland WIG
37.09%
2.22
16.73%
Quality key factors
Factor
Value
Sales Growth (5y)
19.80%
EBIT Growth (5y)
14.93%
EBIT to Interest (avg)
-1.43
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0.34
Sales to Capital Employed (avg)
1.21
Tax Ratio
44.95%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
0.29%
ROE (avg)
0
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
0.91
EV to EBIT
36.24
EV to EBITDA
18.98
EV to Capital Employed
0.94
EV to Sales
0.65
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
2.31%
ROE (Latest)
-1.39%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
No Trend
No Trend
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
12What is working for the Company
OPERATING CASH FLOW(Y)
Highest at PLN 2.22 MM
ROCE(HY)
Highest at -5.54%
PRE-TAX PROFIT(Q)
At PLN 0.36 MM has Grown at 243.97%
NET PROFIT(Q)
At PLN 0.41 MM has Grown at 210.21%
INVENTORY TURNOVER RATIO(HY)
Highest at 2.72 times
-2What is not working for the Company
INVENTORY TURNOVER RATIO(HY)
Lowest at 0 times
DEBTORS TURNOVER RATIO(HY)
Lowest at 0 times
Here's what is working for Miraculum SA
Pre-Tax Profit
At PLN 0.36 MM has Grown at 243.97%
over average net sales of the previous four periods of PLN -0.25 MMMOJO Watch
Near term Pre-Tax Profit trend is very positive
Pre-Tax Profit (PLN MM)
Net Profit
At PLN 0.41 MM has Grown at 210.21%
over average net sales of the previous four periods of PLN -0.37 MMMOJO Watch
Near term Net Profit trend is very positive
Net Profit (PLN MM)
Operating Cash Flow
Highest at PLN 2.22 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (PLN MM)
Inventory Turnover Ratio
Highest at 2.72 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Here's what is not working for Miraculum SA
Inventory Turnover Ratio
Lowest at 0 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
Debtors Turnover Ratio
Lowest at 0 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio






