Tasty Bite Eatables Ltd (TASTYBITE) 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

Venky's (India)

SKM Egg Prod.

Tasty Bite Eat.

Prataap Snacks

Eveready Inds.

Gopal Snacks

Heritage Foods

Godavari Bioref.

Andrew Yule & Co

Parag Milk Foods

Anondita Medi.

Why is Tasty Bite Eatables Ltd ?

Poor long term growth as Operating profit has grown by an annual rate -3.40% of over the last 5 years

Flat results in Mar 26

PAT(Q) At Rs 6.01 cr has Fallen at -32.9% (vs previous 4Q average)
NET SALES(Q) Lowest at Rs 117.70 cr
NON-OPERATING INCOME(Q) is 77.89 % of Profit Before Tax (PBT)

With ROE of 10.4, it has a Expensive valuation with a 6.9 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 -18.53%, its profits have risen by 39.2% ; the PEG ratio of the company is 1.7

Despite the size of the company, domestic mutual funds hold only 0% of the company

Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business

Underperformed the market in the last 1 year

Even though the market (BSE500) has generated returns of 1.95% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -18.53% returns

Real-Time Research Report

Verdict Report

How much should you hold?

Overall Portfolio exposure to Tasty Bite Eat. should be less than 10%
Overall Portfolio exposure to FMCG should be less than 30%

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

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

Is Tasty Bite Eat. for you?

High Risk, Low Return

Absolute

Risk Adjusted

Volatility

Tasty Bite Eat.

-18.53%

-0.54

34.32%

Sensex

-3.81%

-0.28

13.58%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

7.32%

EBIT Growth (5y)

-3.40%

EBIT to Interest (avg)

4.05

Debt to EBITDA (avg)

1.91

Net Debt to Equity (avg)

0.06

Sales to Capital Employed (avg)

1.32

Tax Ratio

25.76%

Dividend Payout Ratio

1.45%

Pledged Shares

Institutional Holding

3.73%

ROCE (avg)

8.21%

ROE (avg)

10.06%

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

6.86

EV to EBIT

76.78

EV to EBITDA

38.26

EV to Capital Employed

6.53

EV to Sales

4.31

PEG Ratio

1.68

Dividend Yield

0.02%

ROCE (Latest)

8.50%

ROE (Latest)

10.42%

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Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bullish

Mildly Bullish

RSI

No Signal

Bollinger Bands

Bullish

Moving Averages

Bullish (Daily)

KST

Bullish

Bearish

Dow Theory

Mildly Bullish

OBV

Bullish

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

4What is working for the Company

PAT(Latest six months)

At Rs 23.84 cr has Grown at 24.02%

DEBT-EQUITY RATIO(HY)

Lowest at 0.14 times

-7What is not working for the Company

PAT(Q)

At Rs 6.01 cr has Fallen at -32.9% (vs previous 4Q average

NET SALES(Q)

Lowest at Rs 117.70 cr

NON-OPERATING INCOME(Q)

is 77.89 % of Profit Before Tax (PBT

Loading Valuation Snapshot...

Here's what is working for Tasty Bite Eat.

Debt-Equity Ratio - Half Yearly

Lowest at 0.14 times and Fallen

each half year in the last five half yearly periods

MOJO Watch

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

Debt-Equity Ratio

Here's what is not working for Tasty Bite Eat.

Profit After Tax (PAT) - Quarterly

At Rs 6.01 cr has Fallen at -32.9% (vs previous 4Q average)

over average PAT of the previous four quarters of Rs 8.96 Cr

MOJO Watch

Near term PAT trend is very negative

PAT (Rs Cr)

Net Sales - Quarterly

At Rs 117.70 cr has Fallen at -16.6% (vs previous 4Q average)

over average Net Sales of the previous four quarters of Rs 141.18 Cr

MOJO Watch

Near term sales trend is very negative

Net Sales (Rs Cr)

Net Sales - Quarterly

Lowest at Rs 117.70 cr

in the last five quarters

MOJO Watch

Near term sales trend is negative

Net Sales (Rs Cr)

Non Operating Income - Quarterly

is 77.89 % 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