Mehabe score: 4 G Factor: 5 Piotski Score: 6 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 5 and Piotski score of 6.
Description
Unick Fix-A-Form & Printers is engaged in the business of Paper Based Printed Materials/Labels.Site:541503Main Symbol:UNICK
Stock trades at 32.9, above its 50dma 31.37. It also trades above its 200dma 28.7. The stock remains bullish on techicals
The 52 week high is at 35.50 and the 52week low is at 24.25
Price Chart
P/E Chart
Sales and Margin
Strengths
– Stock is trading at 0.73 times its book value
Weakness
– Though the company is reporting repeated profits, it is not paying out dividend
-Promoter holding is low: 35.65%
– has a low return on equity of 11.70% for last 3 years.
Competition
– The industry trades at a mean P/E of 222.9x. Navneet Educat. trades at the industry’s max P/E of 40.64x. 541503 trades at a P/E of 7.75x
– Industry’s mean G-Factor is 3.2 while the mean Piotski score is 7.0. 541503 has a G-Factor of 5 and Piotski scoreof 6.
– Average 1 month return for industry is 14.5%. The max 1- month return was given by MPS: a return of 24.82 %
Quarterly Results
Sales for period ended Jun 2021 is Rs 18.74 cr compared to Rs 13.83 cr for period ended Jun 2020, a rise of 35.5%
Operating Profits reported at Rs 2.93 cr for period ended Jun 2021 vis-vis 2.76 for period ended Jun 2020 .
Operating Margins contracted -432.2 bps for period ended Jun 2021 vis-vis Jun 2020 .
The EPS for Jun 2021 was Rs 2.37 compared to Rs 0.77 for previous quarter ended Mar 2021 and Rs 2.01 for Jun 2020
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 60.93 cr for period ended TTM vis-vis sales of Rs 56.02 cr for the period ended Mar 2021, a growth of 8.1%. The 3 year sales cagr stood at 16.8%.
Operating margins shrank to 13.79% for period ended TTM vis-vis 14.69% for period ended Mar 2021, contraction of 90.0 bps.
Net Profit reported at Rs 2.52 cr for period ended TTM vis-vis sales of Rs 2.33 cr for the period ended Mar 2021, rising 7.5%.
Company recorded a Net Profit CAGR of 5.6% over the last 3 years
Balance Sheet Statement
Cash Flow Statement
Cash Flow comments
CashFlow from operating activities was positive.
Sales Growth
Profit Growth Statement
Profit Growth Statement
Stock Price CAGR
Return of Equity
General Comments
– The company has had stable/constant Return on Equity (RoE) metric. The RoE on Last Year basis was 10.0% compared to 12.0% over the last 3 Years. – The stock has given a return of 18% on a 1 Year basis vis-vis a return of 11% over the last 3 Years. – The compounded sales growth on a TTM bassis is 16% vis-vis a compounded sales growth of 25% over the last 3 Years. – The compounded profit growth on a TTM basis is -19% vis-vis a compounded profit growth of 1% over the last 3 Years.
Ratios
Shareholding Pattern
– Public shareholding has remained largely constant. The Jun 2021 public holding stood at 64.35% vis-vis 64.35% for Mar 2021
Conclusion
– Stock is trading at 0.73 times its book value – Though the company is reporting repeated profits, it is not paying out dividend
-Promoter holding is low: 35.65%
– has a low return on equity of 11.70% for last 3 years.
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 above its 50 DMA 31.37 and is trading at 32.9, thus bullish price action wise.
