ScoreWhy is Montage Technology Co., Ltd. ?
1
Poor long term growth as Net Sales has grown by an annual rate of 18.76% and Operating profit at 12.35% over the last 5 years
2
The company has declared Positive results for the last 5 consecutive quarters
- OPERATING CASH FLOW(Y) Highest at CNY 1,560.67 MM
- ROCE(HY) Highest at 15.46%
- INTEREST COVERAGE RATIO(Q) Highest at 100,198.5
3
With ROE of 14.92%, it has a very expensive valuation with a 11.82 Price to Book Value
- Over the past year, while the stock has generated a return of 75.15%, its profits have risen by 69.4% ; the PEG ratio of the company is 1.1
- At the current price, the company has a high dividend yield of 0.3
4
Market Beating performance in long term as well as near term
- Along with generating 75.15% returns in the last 1 year, the stock has outperformed China Shanghai Composite in the last 3 years, 1 year and 3 months
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Montage Technology Co., Ltd. should be less than 10%
- Overall Portfolio exposure to Other Electrical Equipment should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Other Electrical Equipment)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Montage Technology Co., Ltd. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Montage Technology Co., Ltd.
76.47%
2.77
49.30%
China Shanghai Composite
15.19%
1.01
14.58%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
18.76%
EBIT Growth (5y)
12.35%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.73
Sales to Capital Employed (avg)
0.29
Tax Ratio
4.81%
Dividend Payout Ratio
31.21%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
30.20%
ROE (avg)
10.53%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
79
Industry P/E
Price to Book Value
11.82
EV to EBIT
87.70
EV to EBITDA
79.60
EV to Capital Employed
43.15
EV to Sales
29.17
PEG Ratio
1.14
Dividend Yield
0.31%
ROCE (Latest)
49.21%
ROE (Latest)
14.92%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Sideways
Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
No Trend
No Trend
OBV
Mildly Bearish
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend34What is working for the Company
OPERATING CASH FLOW(Y)
Highest at CNY 1,560.67 MM
ROCE(HY)
Highest at 15.46%
INTEREST COVERAGE RATIO(Q)
Highest at 100,198.5
RAW MATERIAL COST(Y)
Fallen by -11.01% (YoY
CASH AND EQV(HY)
Highest at CNY 17,374.63 MM
INVENTORY TURNOVER RATIO(HY)
Highest at 4.48%
NET SALES(Q)
Highest at CNY 1,220.74 MM
OPERATING PROFIT(Q)
Highest at CNY 467.34 MM
OPERATING PROFIT MARGIN(Q)
Highest at 38.28 %
PRE-TAX PROFIT(Q)
Highest at CNY 522.87 MM
NET PROFIT(Q)
Highest at CNY 517.81 MM
EPS(Q)
Highest at CNY 0.46
-8What is not working for the Company
INTEREST(HY)
At CNY 0.96 MM has Grown at 98.98%
Here's what is working for Montage Technology Co., Ltd.
Operating Cash Flow
Highest at CNY 1,560.67 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (CNY MM)
Net Sales
At CNY 1,220.74 MM has Grown at 34.42%
over average net sales of the previous four periods of CNY 908.15 MMMOJO Watch
Near term sales trend is very positive
Net Sales (CNY MM)
Interest Coverage Ratio
Highest at 100,198.5
in the last five periodsMOJO Watch
The company's ability to manage interest payments is improving
Operating Profit to Interest
Net Sales
Highest at CNY 1,220.74 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (CNY MM)
Operating Profit
Highest at CNY 467.34 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (CNY MM)
Operating Profit Margin
Highest at 38.28 %
in the last five periodsMOJO Watch
Company's profit margin has improved
Operating Profit to Sales
Pre-Tax Profit
Highest at CNY 522.87 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (CNY MM)
Net Profit
Highest at CNY 517.81 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (CNY MM)
EPS
Highest at CNY 0.46
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (CNY)
Cash and Eqv
Highest at CNY 17,374.63 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Inventory Turnover Ratio
Highest at 4.48%
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Raw Material Cost
Fallen by -11.01% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Here's what is not working for Montage Technology Co., Ltd.
Interest
At CNY 0.96 MM has Grown at 98.98%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (CNY MM)
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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