MIRC Electronics Ltd (MIRCELECTR) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

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

Butterfly Gan Ap

CWD

Elin Electronics

Singer India

Stove Kraft

Wonder Electric.

Forbes & Co

MIRC Electronics

IKIO Tech

Epack Durable

Parin Enterpris.

Why is MIRC Electronics 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 -0.87
The company has been able to generate a Return on Equity (avg) of 0.31% signifying low profitability per unit of shareholders funds

The company has declared Negative results for the last 4 consecutive quarters

PBT LESS OI(Q) At Rs -24.17 cr has Fallen at -22072.73%
NET SALES(9M) At Rs 504.88 cr has Grown at -25.31%
PAT(9M) At Rs -35.88 cr has Grown at -25.31%

Risky - Negative EBITDA

The stock is trading risky as compared to its average historical valuations
Over the past year, while the stock has generated a return of 7.72%, its profits have risen by 9.6%

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 Electronics & Appliances)

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

Is MIRC Electronics for you?

High Risk, Medium Return

Absolute

Risk Adjusted

Volatility

MIRC Electronics

7.85%

0.12

62.98%

Sensex

4.89%

0.41

11.85%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

4.15%

EBIT Growth (5y)

-240.14%

EBIT to Interest (avg)

-0.87

Debt to EBITDA (avg)

6.76

Net Debt to Equity (avg)

0.22

Sales to Capital Employed (avg)

3.41

Tax Ratio

Dividend Payout Ratio

Pledged Shares

28.42%

Institutional Holding

0.03%

ROCE (avg)

-5.68%

ROE (avg)

0.31%

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

5.86

EV to EBIT

-28.07

EV to EBITDA

-34.54

EV to Capital Employed

4.99

EV to Sales

1.42

PEG Ratio

Dividend Yield

ROCE (Latest)

-17.77%

ROE (Latest)

-26.26%

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Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Bullish

RSI

No Signal

Bollinger Bands

Mildly Bearish

Bullish

Moving Averages

Mildly Bullish (Daily)

KST

Mildly Bearish

Bullish

Dow Theory

Mildly Bearish

OBV

Mildly 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

2What is working for the Company

DEBT-EQUITY RATIO(HY)

Lowest at 0.31 times

DEBTORS TURNOVER RATIO(HY)

Highest at 6.72 times

-21What is not working for the Company

PBT LESS OI(Q)

At Rs -24.17 cr has Fallen at -22072.73%

NET SALES(9M)

At Rs 504.88 cr has Grown at -25.31%

PAT(9M)

At Rs -35.88 cr has Grown at -25.31%

INTEREST(Q)

At Rs 5.23 cr has Grown at 50.72%

OPERATING PROFIT TO INTEREST (Q)

Lowest at -3.31 times

PBDIT(Q)

Lowest at Rs -17.30 cr.

OPERATING PROFIT TO NET SALES (Q)

Lowest at -10.59%

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Here's what is working for MIRC Electronics

Debt-Equity Ratio - Half Yearly

Lowest at 0.31 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

Debtors Turnover Ratio- Half Yearly

Highest at 6.72 times

in the last five half yearly periods

MOJO Watch

Company has been able to settle its Debtors faster

Debtors Turnover Ratio

Here's what is not working for MIRC Electronics

Profit Before Tax less Other Income (PBT) - Quarterly

At Rs -24.17 cr has Fallen at -22072.73%

Year on Year (YoY)

MOJO Watch

Near term PBT trend is very negative

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly

At Rs -22.34 cr has Fallen at -1754.8%

Year on Year (YoY)

MOJO Watch

Near term PAT trend is very negative

PAT (Rs Cr)

Interest - Quarterly

At Rs 5.23 cr has Grown at 50.72%

Quarter on Quarter (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)

Operating Profit to Interest - Quarterly

Lowest at -3.31 times

in the last five quarters

MOJO Watch

The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Net Sales - Nine Monthly

At Rs 504.88 cr has Grown at -25.31%

Year on Year (YoY)

MOJO Watch

Near term sales trend is negative

Net Sales (Rs Cr)

Interest - Quarterly

Highest at Rs 5.23 cr

in the last five quarters and Increased by 50.72 % (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)

Operating Profit (PBDIT) - Quarterly

Lowest at Rs -17.30 cr.

in the last five quarters

MOJO Watch

Near term Operating Profit trend is negative

Operating Profit (Rs Cr)

Operating Profit Margin - Quarterly

Lowest at -10.59%

in the last five quarters

MOJO Watch

Company's efficiency has deteriorated

Operating Profit to Sales

Profit Before Tax less Other Income (PBT) - Quarterly

Lowest at Rs -24.17 cr.

in the last five quarters

MOJO Watch

Near term PBT trend is negative

PBT less Other Income (Rs Cr)