Why is Tess Agro Plc ?
1
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 45.51% and Operating profit at -151.24% over the last 5 years
- High Debt Company with a Debt to Equity ratio (avg) at times
- RAW MATERIAL COST(Y) Grown by 42.41% (YoY)
2
With ROE of -3.13%, it has a risky valuation with a 0.00 Price to Book Value
- Over the past year, while the stock has generated a return of 36.36%, its profits have risen by 46.4%
3
Underperformed the market in the last 1 year
- The stock has generated a return of 36.36% in the last 1 year, much lower than market (Sri Lanka CSE All Share) returns of 61.92%
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 Miscellaneous)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Tess Agro Plc for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Tess Agro Plc
50.0%
0.34
107.26%
Sri Lanka CSE All Share
60.36%
3.56
17.37%
Quality key factors
Factor
Value
Sales Growth (5y)
45.51%
EBIT Growth (5y)
-151.24%
EBIT to Interest (avg)
-3.61
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-0.03
Sales to Capital Employed (avg)
0.03
Tax Ratio
0
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
0
ROE (avg)
11.89%
Valuation Key Factors 
Factor
Value
P/E Ratio
Industry P/E
Price to Book Value
NA
EV to EBIT
-9.05
EV to EBITDA
-9.05
EV to Capital Employed
0.35
EV to Sales
4.67
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-3.84%
ROE (Latest)
-3.13%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Sideways
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
No Trend
Mildly Bullish
OBV
Mildly Bearish
Bullish
Technical Movement
19What is working for the Company
NET SALES(HY)
Higher at LKR 23.02 MM
CASH AND EQV(HY)
Highest at LKR 498.59 MM
DEBT-EQUITY RATIO
(HY)
Lowest at -2.53 %
INVENTORY TURNOVER RATIO(HY)
Highest at 0.39%
PRE-TAX PROFIT(Q)
At LKR -1.68 MM has Grown at 77.14%
NET PROFIT(Q)
At LKR -1.68 MM has Grown at 77.14%
-1What is not working for the Company
RAW MATERIAL COST(Y)
Grown by 42.41% (YoY
Here's what is working for Tess Agro Plc
Net Sales
At LKR 23.02 MM has Grown at 5,231.49%
Year on Year (YoY)MOJO Watch
Sales trend is very positive
Net Sales (LKR MM)
Net Sales
Higher at LKR 23.02 MM
than preceding 12 month period ended Mar 2025MOJO Watch
In the half year the company has already crossed sales of the previous twelve months
Net Sales (LKR MM)
Pre-Tax Profit
At LKR -1.68 MM has Grown at 77.14%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (LKR MM)
Net Profit
At LKR -1.68 MM has Grown at 77.14%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is positive
Net Profit (LKR MM)
Cash and Eqv
Highest at LKR 498.59 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Debt-Equity Ratio
Lowest at -2.53 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Inventory Turnover Ratio
Highest at 0.39%
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Here's what is not working for Tess Agro Plc
Raw Material Cost
Grown by 42.41% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin
Raw Material Cost as a percentage of Sales






