ScoreWhy is North Eastern Carrying Corporation Ltd ?
1
Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 6.32%
- Poor long term growth as Net Sales has grown by an annual rate of 2.31% and Operating profit at 11.62% over the last 5 years
- Low ability to service debt as the company has a high Debt to EBITDA ratio of 5.28 times
2
The company has declared negative results for the last 3 consecutive quarters
- The company has declared negative results in Mar 25 after 4 consecutive negative quarters
- PAT(Latest six months) At Rs 3.60 cr has Grown at -44.95%
- INTEREST(Latest six months) At Rs 4.75 cr has Grown at 48.44%
- ROCE(HY) Lowest at 4.83%
3
Below par performance in long term as well as near term
- Along with generating -43.43% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
Real-Time Research ReportHow 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 Transport Services)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is North Eastn.Car. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
North Eastn.Car.
-43.43%
-0.95
45.71%
Sensex
4.83%
0.41
11.83%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
2.31%
EBIT Growth (5y)
11.62%
EBIT to Interest (avg)
2.01
Debt to EBITDA (avg)
6.02
Net Debt to Equity (avg)
0.49
Sales to Capital Employed (avg)
1.27
Tax Ratio
16.93%
Dividend Payout Ratio
0
Pledged Shares
11.26%
Institutional Holding
0.02%
ROCE (avg)
6.36%
ROE (avg)
4.71%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
27
Industry P/E
33
Price to Book Value
0.88
EV to EBIT
22.75
EV to EBITDA
19.16
EV to Capital Employed
0.92
EV to Sales
0.99
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
4.04%
ROE (Latest)
3.28%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend0What is working for the Company
NO KEY POSITIVE TRIGGERS
-21What is not working for the Company
PAT(Latest six months)
At Rs 3.60 cr has Grown at -44.95%
INTEREST(Latest six months)
At Rs 4.75 cr has Grown at 48.44%
ROCE(HY)
Lowest at 4.83%
NET SALES(Q)
At Rs 70.75 cr has Fallen at -11.6% (vs previous 4Q average
OPERATING PROFIT TO INTEREST (Q)
Lowest at 1.24 times
DEBTORS TURNOVER RATIO(HY)
Lowest at 2.41 times
PBT LESS OI(Q)
Lowest at Rs -0.23 cr.
NON-OPERATING INCOME(Q)
is 108.68 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is not working for North Eastn.Car.
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs -0.23 cr has Fallen at -109.5% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 2.42 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Latest six months
At Rs 3.60 cr has Grown at -44.95%
Year on Year (YoY)MOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Interest - Latest six months
At Rs 4.75 cr has Grown at 48.44%
over previous Half yearly periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Net Sales - Quarterly
At Rs 70.75 cr has Fallen at -11.6% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 80.05 CrMOJO Watch
Near term sales trend is very negative
Net Sales (Rs Cr)
Operating Profit to Interest - Quarterly
Lowest at 1.24 times
in the last five quartersMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs -0.23 cr.
in the last five quartersMOJO Watch
Near term PBT trend is negative
PBT less Other Income (Rs Cr)
Non Operating Income - Quarterly
is 108.68 % 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
Debtors Turnover Ratio- Half Yearly
Lowest at 2.41 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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