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

Apex Frozen Food

Godavari Bioref.

HMA Agro Inds.

ADF Foods

Tasty Bite Eat.

Jindal Photo

Prataap Snacks

Eveready Inds.

Venky's (India)

Parag Milk Foods

Anondita Medi.

Why is Tasty Bite Eatables Ltd ?

Poor long term growth as Net Sales has grown by an annual rate of 8.33% and Operating profit at 0.90% over the last 5 years

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

Below par performance in long term as well as near term

Along with generating -16.13% 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 Report

Verdict Report

How 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 FMCG)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Tasty Bite Eat. for you?

Medium Risk, Low Return

Absolute

Risk Adjusted

Volatility

Tasty Bite Eat.

-16.13%

-0.51

31.64%

Sensex

1.86%

0.15

12.34%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

8.33%

EBIT Growth (5y)

0.90%

EBIT to Interest (avg)

4.25

Debt to EBITDA (avg)

2.15

Net Debt to Equity (avg)

0.03

Sales to Capital Employed (avg)

1.28

Tax Ratio

24.25%

Dividend Payout Ratio

2.00%

Pledged Shares

Institutional Holding

4.12%

ROCE (avg)

8.42%

ROE (avg)

11.26%

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

5.56

EV to EBIT

57.15

EV to EBITDA

28.93

EV to Capital Employed

5.45

EV to Sales

3.15

PEG Ratio

0.78

Dividend Yield

0.03%

ROCE (Latest)

8.55%

ROE (Latest)

11.24%

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Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

Bearish

RSI

No Signal

Bollinger Bands

Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Dow Theory

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

18What is working for the Company

CASH AND CASH EQUIVALENTS(HY)

Highest at Rs 57.81 cr

DEBTORS TURNOVER RATIO(HY)

Highest at 12.04 times

NET SALES(Q)

At Rs 176.99 cr has Grown at 25.0% (vs previous 4Q average

PBDIT(Q)

Highest at Rs 26.25 cr.

OPERATING PROFIT TO NET SALES(Q)

Highest at 14.83%

PBT LESS OI(Q)

Highest at Rs 17.07 cr.

PAT(Q)

Highest at Rs 17.83 cr.

EPS(Q)

Highest at Rs 68.05

0What is not working for the Company

NO KEY NEGATIVE TRIGGERS

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Here's what is working for Tasty Bite Eat.

Profit Before Tax less Other Income (PBT) - Quarterly

At Rs 17.07 cr has Grown at 211.8% (vs previous 4Q average)

over average PBT of the previous four quarters of Rs 5.48 Cr

MOJO Watch

Near term PBT trend is very positive

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly

At Rs 17.83 cr has Grown at 129.8% (vs previous 4Q average)

over average PAT of the previous four quarters of Rs 7.76 Cr

MOJO Watch

Near term PAT trend is very positive

PAT (Rs Cr)

Net Sales - Quarterly

At Rs 176.99 cr has Grown at 25.0% (vs previous 4Q average)

over average Net Sales of the previous four quarters of Rs 141.60 Cr

MOJO Watch

Near term sales trend is positive

Net Sales (Rs Cr)

Operating Profit (PBDIT) - Quarterly

Highest at Rs 26.25 cr.

in the last five quarters

MOJO Watch

Near term Operating Profit trend is positive

Operating Profit (Rs Cr)

Operating Profit Margin - Quarterly

Highest at 14.83%

in the last five quarters

MOJO Watch

Company's efficiency has improved

Operating Profit to Sales

Profit Before Tax less Other Income (PBT) - Quarterly

Highest at Rs 17.07 cr.

in the last five quarters

MOJO Watch

Near term PBT trend is positive

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly

Highest at Rs 17.83 cr.

in the last five quarters

MOJO Watch

Near term PAT trend is positive

PAT (Rs Cr)

Earnings per Share (EPS) - Quarterly

Highest at Rs 68.05

in the last five quarters

MOJO Watch

Increasing profitability; company has created higher earnings for shareholders

EPS (Rs)

Cash and Cash Equivalents - Half Yearly

Highest at Rs 57.81 cr

in the last six half yearly periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Debtors Turnover Ratio- Half Yearly

Highest at 12.04 times

in the last five half yearly periods

MOJO Watch

Company has been able to settle its Debtors faster

Debtors Turnover Ratio

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

Non Operating Income - Quarterly

Highest at Rs 6.81 cr

in the last five quarters

MOJO Watch

Increased income from non business activities may not be sustainable

Non Operating Income