ScoreWhy is North Eastern Carrying Corporation Ltd ?
1
Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 6.08%
- Poor long term growth as Net Sales has grown by an annual rate of 3.27% and Operating profit at 6.54% over the last 5 years
- Low ability to service debt as the company has a high Debt to EBITDA ratio of 6.91 times
2
Flat results in Jun 26
- DEBTORS TURNOVER RATIO(HY) Lowest at 2.32 times
- CASH AND CASH EQUIVALENTS(HY) Lowest at Rs 10.80 cr
- NON-OPERATING INCOME(Q) is 50.76 % of Profit Before Tax (PBT)
3
With ROCE of 4.2, it has a Attractive valuation with a 0.9 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 -10.14%, its profits have fallen by -4.4%
4
Rising Promoter Confidence
- Promoters have increased their stake in the company by 1.97% over the previous quarter and currently hold 56.16% of the company
- Promoters increasing their stake is a sign of high confidence in the future of the business
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to North Eastn.Car. should be less than 10%
- Overall Portfolio exposure to Transport Services should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Transport Services)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is North Eastn.Car. for you?
High Risk, Medium Return
Absolute
Risk Adjusted
Volatility
North Eastn.Car.
-10.14%
-0.20
50.05%
Sensex
-10.5%
-0.78
13.50%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
3.27%
EBIT Growth (5y)
6.54%
EBIT to Interest (avg)
2.00
Debt to EBITDA (avg)
6.27
Net Debt to Equity (avg)
0.51
Sales to Capital Employed (avg)
1.14
Tax Ratio
30.91%
Dividend Payout Ratio
0
Pledged Shares
10.39%
Institutional Holding
0
ROCE (avg)
5.94%
ROE (avg)
4.40%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
26
Industry P/E
37
Price to Book Value
0.91
EV to EBIT
25.23
EV to EBITDA
19.92
EV to Capital Employed
0.94
EV to Sales
1.02
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
4.24%
ROE (Latest)
3.52%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Mildly Bullish
Mildly Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend2What is working for the Company
PBT LESS OI(Q)
At Rs 1.62 cr has Grown at 48.6% (vs previous 4Q average
-4What is not working for the Company
DEBTORS TURNOVER RATIO(HY)
Lowest at 2.32 times
CASH AND CASH EQUIVALENTS(HY)
Lowest at Rs 10.80 cr
NON-OPERATING INCOME(Q)
is 50.76 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is working for North Eastn.Car.
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 1.62 cr has Grown at 48.6% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 1.09 CrMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Here's what is not working for North Eastn.Car.
Debtors Turnover Ratio- Half Yearly
Lowest at 2.32 times and Fallen
each half year in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio
Non Operating Income - Quarterly
is 50.76 % 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
Cash and Cash Equivalents - Half Yearly
Lowest at Rs 10.80 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
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