Mehabe score: 3 G Factor: 6 Piotski Score: 7 The stock has a rating HOLD. The mehabe team score is reflective of its fundamental and technical merits. A rating above 8 is considered good buy. The stock has a G-Factor of 6 and Piotski score of 7.
Description
Creative Peripherals & Distribution is a go-to-market and distribution specialist for global IT, Imaging and Lifestyle brands. The Company has an omni-channel presence, with branches across India.Site:CREATIVE
Market Cap:
Rs 106 cr
Price:
91.3
Trading pe:
9.85x
Book-value:
36.3/share
Div yield:
0.55 %
Earning yield:
11.21%
Face-value:
10.0/share
52week high:
151.00
52week low:
69.10
Technical Analysis
Stock trades at 91.3, below its 50dma 94.49 and below its 200dma 101.98. The stock remains bearish on technicals
The 52 week high is at 151.00 and the 52week low is at 69.10
Price Chart
P/E Chart
Sales and Margin
Strengths
– has delivered good profit growth of 56.92% CAGR over last 5 years
Weakness
– Earnings include an other income of Rs.6.17 Cr.
Competition
– The industry trades at a mean P/E of 44.9x. 3M India trades at the industry’s max P/E of 192.08x. CREATIVE trades at a P/E of 9.85x
– Industry’s mean G-Factor is 4.5 while the mean Piotski score is 7.0. CREATIVE has a G-Factor of 6 and Piotski scoreof 7.
– Average 1 month return for industry is 12.2%. The max 1- month return was given by Redington India: a return of 46.83 %
Quarterly Results
Sales for period ended Mar 2021 is Rs 175.47 cr compared to Rs 128.17 cr for period ended Mar 2020, a rise of 36.9%
Operating Profits reported at Rs 5.55 cr for period ended Mar 2021 vis-vis 2.95 for period ended Mar 2020 .
Operating Margins expanded 86.1 bps for period ended Mar 2021 vis-vis Mar 2020 .
The EPS for Mar 2021 was Rs 3.47 compared to Rs 3.25 for previous quarter ended Dec 2020 and Rs 0.8 for Mar 2020
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 509.0 cr for period ended Mar 2021 vis-vis sales of Rs 451.0 cr for the period ended Mar 2020, a healthy growth of 11.4%. The 3 year sales cagr stood at 26.7%.
Operating margins shrank to 3.0% for period ended Mar 2021 vis-vis 4.0% for period ended Mar 2020, contraction of 100.0 bps.
Net Profit reported at Rs 11.0 cr for period ended Mar 2021 vis-vis sales of Rs 9.0 cr for the period ended Mar 2020, rising 18.2%.
Company recorded a healthy Net Profit CAGR of 54.2% over the last 3 years
Balance Sheet Statement
Cash Flow Statement
Cash Flow comments
Sales Growth
Profit Growth Statement
Profit Growth Statement
Stock Price CAGR
Return of Equity
General Comments
– The stock has given a return of 14% on a 1 Year basis vis-vis a return of 13% over the last 3 Years. – The compounded sales growth on a TTM bassis is 13% vis-vis a compounded sales growth of 27% over the last 3 Years. – The compounded profit growth on a TTM basis is 19% vis-vis a compounded profit growth of 55% over the last 3 Years.
Ratios
Conclusion
– has delivered good profit growth of 56.92% CAGR over last 5 years – Earnings include an other income of Rs.6.17 Cr.
The business fundamentals of the stock remain stable. Stronger near term results will build interest in the stock. We suggest to wait for a upturn in business performance.
Technically, the stock remains below its 50 DMA 94.49 and is trading at 91.3. Shows a near term lack of buying interest.
