Mehabe score: 6 G Factor: 6 Piotski Score: 8 The stock has a rating . 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 8.
Description
APM Finvest is engaged in as non-public deposit accepting Non- Banking Finance Company (NBFC). Site:APMFINVEST Main Symbol:APMFINVEST
Stock trades at 70.3, above its 50dma 59.96. It also trades above its 200dma 43.34. The stock remains bullish on techicals
The 52 week high is at 72.45 and the 52week low is at 18.50
Price Chart
P/E Chart
Sales and Margin
Strengths
– has reduced debt.
– is almost debt free.
– is expected to give good quarter
Weakness
– has a low return on equity of 8.50% for last 3 years.
Competition
– The industry trades at a mean P/E of 26.3x. Bajaj Finance trades at the industry’s max P/E of 72.55x. APMFINVEST trades at a P/E of 6.9x
– Industry’s mean G-Factor is 3.6 while the mean Piotski score is 8.0. APMFINVEST has a G-Factor of 6 and Piotski scoreof 8.
– Average 1 month return for industry is -1.6%. The max 1- month return was given by Cholaman.Inv.&Fn: a return of 18.96 %
Quarterly Results
Sales for period ended Dec 2021 is Rs 1.71 cr compared to Rs 7.88 cr for period ended Dec 2020, a fall of 78.3%
.
vis-vis 7.8 for period ended Dec 2020 .
Operating Margins contracted -834.1 bps for period ended Dec 2021 vis-vis Dec 2020.
Company reported operating profit of Rs 1.55 cr for period ended Dec 2021 and operating profit margin at 90.6 % for same period.
The EPS for quarter ended Dec 2021 is Rs 0.28 compared to Rs 2.57 for previous quarter ended Sep 2021 and Rs 3.2 for Dec 2020.
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 19.0 cr for period ended TTM vis-vis sales of Rs 23.0 cr for the period ended Mar 2021, a fall of 21.1%. The 3 year sales cagr stood at 85.0%.
Operating margins shrank to 97.0% for period ended TTM vis-vis 100.0% for period ended Mar 2021, contraction of 300.0 bps.
Net Profit reported at Rs 16.0 cr for period ended TTM vis-vis sales of Rs 20.0 cr for the period ended Mar 2021, falling 25.0%.
Company recorded a healthy Net Profit CAGR of 74.7% over the last 3 years
Balance Sheet Statement
Cash Flow Statement
Cash Flow comments
CashFlow from operating activities was positive.
CashFlow from operating activities: Rs 4.0 cr for period ended Mar 2021 vis-vis Rs -13.0 cr for period ended Mar 2020
Sales Growth
Profit Growth Statement
Profit Growth Statement
Stock Price CAGR
Return of Equity
General Comments
– The company has improved its Return on Equity (RoE) metric. The RoE on Last Year basis was 25.0% compared to 9.0% over the last 3 Years. – The stock has given a return of 197% on a 1 Year basis vis-vis a return of % over the last 3 Years. – The compounded sales growth on a TTM bassis is 78% vis-vis a compounded sales growth of 423% over the last 3 Years. – The compounded profit growth on a TTM basis is 547% vis-vis a compounded profit growth of 484% over the last 3 Years.
Ratios
Shareholding Pattern
– Public shareholding has remained largely constant. The Dec 2021 public holding stood at 32.25% vis-vis 32.25% for Sep 2021
Conclusion
– has reduced debt.
– is almost debt free.
– is expected to give good quarter – has a low return on equity of 8.50% for last 3 years.
