Sharjah Cement & Industrial Development Co. (SCIDC) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Emsteel Building Materials PJSC

Fujairah Building Industries PSC

Dubai Investments PJSC

Sharjah Cement & Industrial Development Co.

Gulf Cement Co. PSC

Apex Investment PSC

National Cement Co.

Ras Al Khaimah Co. for White Cement & Construction Materials

Abu Dhabi National Co. for Building Materials

Why is Sharjah Cement & Industrial Development Co. ?

Weak Long Term Fundamental Strength as the company has not declared results in the last 6 months

Poor long term growth as Net Sales has grown by an annual rate of 3.68% and Operating profit at 24.52% over the last 5 years
High Debt Company with a Debt to Equity ratio (avg) at times

Real-Time Research Report

Verdict Report

How much should you hold?

Overall Portfolio exposure to Sharjah Cement & Industrial Development Co. should be less than 10%
Overall Portfolio exposure to Building Products should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Building Products)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Sharjah Cement & Industrial Development Co. for you?

High Risk, High Return

Absolute

Risk Adjusted

Volatility

Sharjah Cement & Industrial Development Co.

-100.0%

0.73

48.64%

Abu Dhabi Securities Exchange

-1.41%

1.13

8.08%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

13.57%

EBIT Growth (5y)

41.83%

EBIT to Interest (avg)

-0.96

Debt to EBITDA (avg)

9.79

Net Debt to Equity (avg)

0.25

Sales to Capital Employed (avg)

0.39

Tax Ratio

5.94%

Dividend Payout Ratio

57.44%

Pledged Shares

Institutional Holding

ROCE (avg)

0.79%

ROE (avg)

0.52%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

0.49

EV to EBIT

7.80

EV to EBITDA

4.84

EV to Capital Employed

0.59

EV to Sales

1.27

PEG Ratio

0.02

Dividend Yield

8.33%

ROCE (Latest)

7.52%

ROE (Latest)

8.15%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

No Signal

Bearish

Bollinger Bands

Bullish

Moving Averages

Bullish (Daily)

KST

Mildly Bearish

Bullish

Dow Theory

Mildly Bullish

No Trend

OBV

Mildly Bullish

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

24What is working for the Company

INTEREST COVERAGE RATIO(Q)

Highest at 1,040.32

ROCE(HY)

Highest at 9.02%

DEBT-EQUITY RATIO (HY)

Lowest at 22.19 %

INVENTORY TURNOVER RATIO(HY)

Highest at 2.36 times

NET SALES(Q)

Highest at AED 227.87 MM

RAW MATERIAL COST(Y)

Fallen by -93.19% (YoY

CASH AND EQV(HY)

Highest at AED 225.04 MM

PRE-TAX PROFIT(Q)

At AED 43.45 MM has Grown at 68.15%

NET PROFIT(Q)

At AED 40.25 MM has Grown at 68.53%

0What is not working for the Company

NO KEY NEGATIVE TRIGGERS

Here's what is working for Sharjah Cement & Industrial Development Co.

Interest Coverage Ratio

Highest at 1,040.32 and Grown

In each period in the last five periods

MOJO Watch

The company's ability to manage interest payments is improving

Operating Profit to Interest

Net Sales

Highest at AED 227.87 MM and Grown

In each period in the last five periods

MOJO Watch

Near term sales trend is very positive

Net Sales (AED MM)

Debt-Equity Ratio

Lowest at 22.19 % and Grown

In each half year in the last five Semi-Annual periods

MOJO Watch

The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Inventory Turnover Ratio

Highest at 2.36 times and Grown

In each half year in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its inventory faster

Inventory Turnover Ratio

Pre-Tax Profit

At AED 43.45 MM has Grown at 68.15%

over average net sales of the previous four periods of AED 25.84 MM

MOJO Watch

Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (AED MM)

Net Profit

At AED 40.25 MM has Grown at 68.53%

over average net sales of the previous four periods of AED 23.88 MM

MOJO Watch

Near term Net Profit trend is positive

Net Profit (AED MM)

Cash and Eqv

Highest at AED 225.04 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Raw Material Cost

Fallen by -93.19% (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

Depreciation

Highest at AED 23.11 MM

in the last five periods

MOJO Watch

The expenditure on assets done by the company may have gone into operation

Depreciation (AED MM)