ScoreWhy is North Eastern Carrying Corporation Ltd ?
1
Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 6.64%
- Poor long term growth as Net Sales has grown by an annual rate of 5.96% and Operating profit at 18.41% 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
Below par performance in long term as well as near term
- Along with generating -31.24% 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.
-31.24%
-0.65
48.12%
Sensex
-3.2%
-0.24
13.59%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
5.96%
EBIT Growth (5y)
18.41%
EBIT to Interest (avg)
2.03
Debt to EBITDA (avg)
6.27
Net Debt to Equity (avg)
0.48
Sales to Capital Employed (avg)
1.14
Tax Ratio
27.30%
Dividend Payout Ratio
0
Pledged Shares
10.39%
Institutional Holding
0
ROCE (avg)
5.94%
ROE (avg)
5.09%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
21
Industry P/E
40
Price to Book Value
0.72
EV to EBIT
19.81
EV to EBITDA
16.01
EV to Capital Employed
0.81
EV to Sales
0.88
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
4.32%
ROE (Latest)
3.43%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Sideways
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
No Trend
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
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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