Veto Switchgears

Market Cap: Micro Cap
Industry: Electronics & Appliances
ISIN: INE918N01018
NSEID: VETO
BSEID: 539331
View on NSE | View on BSE

INR

93.35

-2 (-2.1%)

BSENSE

Mar 20

BSE+NSE Vol: 1.2 lacs

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Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Sonam

Veto Switchgears

Khaitan (India)

Calcom Vision

BPL

Sharp India

Inflame Applian.

Macobs Technolo.

Jay Jalaram Tech

Arham Tech

Greenchef Appli.

Why is Veto Switchgears & Cables Ltd ?

Poor long term growth as Operating profit has grown by an annual rate 11.20% of over the last 5 years

Below par performance in long term as well as near term

Along with generating -6.37% 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 Electronics & Appliances)

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

Is Veto Switchgears for you?

High Risk, Medium Return

Absolute

Risk Adjusted

Volatility

Veto Switchgears

-6.37%

-0.15

42.17%

Sensex

-2.38%

-0.19

12.70%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

16.76%

EBIT Growth (5y)

11.20%

EBIT to Interest (avg)

10.10

Debt to EBITDA (avg)

1.07

Net Debt to Equity (avg)

0.05

Sales to Capital Employed (avg)

1.02

Tax Ratio

26.17%

Dividend Payout Ratio

10.65%

Pledged Shares

Institutional Holding

0.01%

ROCE (avg)

11.06%

ROE (avg)

8.40%

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

0.64

EV to EBIT

6.15

EV to EBITDA

5.44

EV to Capital Employed

0.66

EV to Sales

0.57

PEG Ratio

0.17

Dividend Yield

1.07%

ROCE (Latest)

9.24%

ROE (Latest)

7.62%

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Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

RSI

No Signal

Bollinger Bands

Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Dow Theory

Mildly Bearish

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

11What is working for the Company

PBT LESS OI(Q)

At Rs 8.21 cr has Grown at 117.77%

PAT(Q)

At Rs 6.59 cr has Grown at 76.2%

NET SALES(Q)

Highest at Rs 94.22 cr

-2What is not working for the Company

ROCE(HY)

Lowest at 10.26%

Loading Valuation Snapshot...

Here's what is working for Veto Switchgears

Profit Before Tax less Other Income (PBT) - Quarterly

At Rs 8.21 cr has Grown at 117.77%

Year on Year (YoY)

MOJO Watch

Near term PBT trend is very positive

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly

At Rs 6.59 cr has Grown at 76.2%

Year on Year (YoY)

MOJO Watch

Near term PAT trend is very positive

PAT (Rs Cr)

Net Sales - Quarterly

Highest at Rs 94.22 cr

in the last five quarters

MOJO Watch

Near term sales trend is positive

Net Sales (Rs Cr)

Net Sales - Quarterly

At Rs 94.22 cr has Grown at 24.45%

Year on Year (YoY)

MOJO Watch

Near term sales trend is positive

Net Sales (Rs Cr)