ScoreWhy is National Highways Infra Trust ?
1
Poor Management Efficiency with a low ROCE of 3.77%
- The company has been able to generate a Return on Capital Employed (avg) of 3.77% signifying low profitability per unit of total capital (equity and debt)
2
Low ability to service debt as the company has a high Debt to EBITDA ratio of 6.93 times
- Low ability to service debt as the company has a high Debt to EBITDA ratio of 6.93 times
- The company has been able to generate a Return on Equity (avg) of 2.62% signifying low profitability per unit of shareholders funds
3
Healthy long term growth as Net Sales has grown by an annual rate of 92.03% and Operating profit at 86.63%
4
The company has declared Positive results for the last 3 consecutive quarters
- OPERATING CF(Y) Highest at Rs 2,098.67 Cr
- PAT(Latest six months) At Rs 233.56 cr has Grown at 68.60%
- NET SALES(Q) At Rs 1,001.55 cr has Grown at 41.9% (vs previous 4Q average)
5
With ROCE of 3.7, it has a Very Expensive valuation with a 1.2 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 12.23%, its profits have risen by 52.1% ; the PEG ratio of the company is 22.5
- At the current price, the company has a high dividend yield of 4.7
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to National High should be less than 10%
- Overall Portfolio exposure to Construction should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Construction)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is National High for you?
Low Risk, Medium Return
Absolute
Risk Adjusted
Volatility
National High
12.23%
1.38
8.86%
Sensex
5.36%
0.46
11.75%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
92.03%
EBIT Growth (5y)
86.63%
EBIT to Interest (avg)
1.39
Debt to EBITDA (avg)
8.05
Net Debt to Equity (avg)
0.98
Sales to Capital Employed (avg)
0.08
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
80.22%
ROCE (avg)
3.74%
ROE (avg)
2.62%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
68
Industry P/E
0
Price to Book Value
1.33
EV to EBIT
31.27
EV to EBITDA
18.42
EV to Capital Employed
1.17
EV to Sales
15.25
PEG Ratio
22.53
Dividend Yield
4.74%
ROCE (Latest)
3.74%
ROE (Latest)
1.95%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
RSI
Bearish
Bearish
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Dow Theory
Bullish
Bullish
OBV
No Trend
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend21What is working for the Company
OPERATING CF(Y)
Highest at Rs 2,098.67 Cr
PAT(Latest six months)
At Rs 233.56 cr has Grown at 68.60%
NET SALES(Q)
At Rs 1,001.55 cr has Grown at 41.9% (vs previous 4Q average
-15What is not working for the Company
INTEREST(Latest six months)
At Rs 908.41 cr has Grown at 67.73%
DEBT-EQUITY RATIO(HY)
Highest at 1.01 times
OPERATING PROFIT TO INTEREST (Q)
Lowest at 1.76 times
PBT LESS OI(Q)
Lowest at Rs 15.18 cr.
NON-OPERATING INCOME(Q)
is 44.78 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is working for National High
Profit After Tax (PAT) - Latest six months
At Rs 233.56 cr has Grown at 68.60%
Year on Year (YoY)MOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Operating Cash Flow - Annually
Highest at Rs 2,098.67 Cr and Grown
each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (Rs Cr)
Net Sales - Quarterly
At Rs 1,001.55 cr has Grown at 41.9% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 705.75 CrMOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Here's what is not working for National High
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 15.18 cr has Fallen at -56.8% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 35.17 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Interest - Latest six months
At Rs 908.41 cr has Grown at 67.73%
over previous Half yearly periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Operating Profit to Interest - Quarterly
Lowest at 1.76 times
in the last five quartersMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Debt-Equity Ratio - Half Yearly
Highest at 1.01 times and Grown
each half year in the last five half yearly periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs 15.18 cr.
in the last five quartersMOJO Watch
Near term PBT trend is negative
PBT less Other Income (Rs Cr)
Non Operating Income - Quarterly
is 44.78 % 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
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
GET THE MARKETSMOJO APP
Company
Stocks
Portfolio
"Investment in securities markets are subject to market risk. Read all the related documents carefully before investing."
