Why is Spacenet Enterprises India Ltd ?
1
Poor Management Efficiency with a low ROE of 6.69%
- The company has been able to generate a Return on Equity (avg) of 6.69% signifying low profitability per unit of shareholders funds
2
Company has a low Debt to Equity ratio (avg) at 0.02 times
3
Healthy long term growth as Operating profit has grown by an annual rate 131.71%
4
The company has declared Positive results for the last 3 consecutive quarters
- OPERATING CF(Y) Highest at Rs 17.48 Cr
- NET SALES(Latest six months) At Rs 101.81 cr has Grown at 28.06%
- PAT(Q) At Rs 4.85 cr has Grown at 47.9% (vs previous 4Q average)
5
With ROE of 8.8, it has a Attractive valuation with a 2.5 Price to Book Value
- 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 -100.00%, its profits have risen by 29.6% ; the PEG ratio of the company is 1.1
6
Majority shareholders : Non Institution
7
Below par performance in long term as well as near term
- Along with generating -100.00% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
How much should you hold?
- Overall Portfolio exposure to Spacenet Enterpr should be less than 10%
- Overall Portfolio exposure to Miscellaneous should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Miscellaneous)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Spacenet Enterpr for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Spacenet Enterpr
-69.87%
-1.06
66.01%
Sensex
4.83%
0.41
11.83%
Quality key factors
Factor
Value
Sales Growth (5y)
14.25%
EBIT Growth (5y)
131.71%
EBIT to Interest (avg)
6.01
Debt to EBITDA (avg)
1.29
Net Debt to Equity (avg)
-0.01
Sales to Capital Employed (avg)
1.65
Tax Ratio
6.03%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
1.92%
ROCE (avg)
6.86%
ROE (avg)
6.69%
Valuation Key Factors 
Factor
Value
P/E Ratio
29
Industry P/E
Price to Book Value
2.54
EV to EBIT
34.45
EV to EBITDA
29.31
EV to Capital Employed
2.55
EV to Sales
2.32
PEG Ratio
1.06
Dividend Yield
NA
ROCE (Latest)
7.40%
ROE (Latest)
8.83%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
Mildly Bearish
Bullish
Technical Movement
17What is working for the Company
OPERATING CF(Y)
Highest at Rs 17.48 Cr
NET SALES(Latest six months)
At Rs 101.81 cr has Grown at 28.06%
PAT(Q)
At Rs 4.85 cr has Grown at 47.9% (vs previous 4Q average
EPS(Q)
Highest at Rs 0.09
-4What is not working for the Company
PBT LESS OI(Q)
At Rs 2.78 cr has Fallen at -14.3% (vs previous 4Q average
DEBTORS TURNOVER RATIO(HY)
Lowest at 2.44 times
NON-OPERATING INCOME(Q)
is 51.40 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is working for Spacenet Enterpr
Operating Cash Flow - Annually
Highest at Rs 17.48 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)
Profit After Tax (PAT) - Quarterly
At Rs 4.85 cr has Grown at 47.9% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 3.28 CrMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Net Sales - Latest six months
At Rs 101.81 cr has Grown at 28.06%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 4.85 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 0.09
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Here's what is not working for Spacenet Enterpr
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 2.78 cr has Fallen at -14.3% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 3.25 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Non Operating Income - Quarterly
is 51.40 % 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 2.44 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio
Non Operating Income - Quarterly
Highest at Rs 2.94 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income






