Mehabe score: 3 G Factor: 7 Piotski Score: 7 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 7 and Piotski score of 7.
Description
Global Education is engaged in business segment viz. &Educational Training and Development Activities.(Source : 201903 Annual Report Page No: 19)Site:GLOBAL
Market Cap:
Rs 52.6 cr
Price:
51.6
Trading pe:
6.61x
Book-value:
36.4/share
Div yield:
2.90 %
Earning yield:
20.59%
Face-value:
10.0/share
52week high:
77.50
52week low:
29.98
Technical Analysis
Stock trades at 51.6, above its 50dma 49.06. It also trades above its 200dma 45.53. The stock remains bullish on techicals
The 52 week high is at 77.50 and the 52week low is at 29.98
Price Chart
P/E Chart
Sales and Margin
Strengths
– is almost debt free.
– has a good return on equity (ROE) track record: 3 Years ROE 24.97%
Weakness
– has high debtors of 226.63 days.
Competition
– The industry trades at a mean P/E of 32.8x. Career Point trades at the industry’s max P/E of 9.76x. GLOBAL trades at a P/E of 6.61x
– Industry’s mean G-Factor is 3.3 while the mean Piotski score is 9.0. GLOBAL has a G-Factor of 7 and Piotski scoreof 7.
– Average 1 month return for industry is 16.7%. The max 1- month return was given by MT Educare: a return of 65.77 %
Quarterly Results
Sales for period ended Mar 2021 is Rs 8.5 cr compared to Rs 5.54 cr for period ended Dec 2019, a rise of 53.4%
Company reported negative operating profit of Rs -1.84 cr for period ended Mar 2021. For same period last year, operating profit was 2.35
The EPS for Mar 2021 was Rs -1.24 compared to Rs 2.08 for previous quarter ended Dec 2020 and Rs 1.74 for Dec 2019
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 25.6 cr for period ended Mar 2021 vis-vis sales of Rs 26.01 cr for the period ended Mar 2020, a fall of 1.6%. The 3 year sales cagr stood at -6.7%.
Operating margins shrank to 14.84% for period ended Mar 2021 vis-vis 42.41% for period ended Mar 2020, contraction of 2757.0 bps.
Net Profit reported at Rs 3.15 cr for period ended Mar 2021 vis-vis sales of Rs 7.87 cr for the period ended Mar 2020, falling 149.8%.
Company reported a poor Net Profit CAGR of -23.2% over the last 3 years
Balance Sheet Statement
Cash Flow Statement
Cash Flow comments
CashFlow from operating activities: Rs 0.0 cr for period ended Mar 2021 vis-vis Rs -1.48 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 had stable/constant Return on Equity (RoE) metric. The RoE on Last Year basis was 24.0% compared to 25.0% over the last 3 Years. – The stock has given a return of 72% on a 1 Year basis vis-vis a return of 10% over the last 3 Years. – The compounded sales growth on a TTM bassis is -13% vis-vis a compounded sales growth of -0% over the last 3 Years. – The compounded profit growth on a TTM basis is 19% vis-vis a compounded profit growth of 17% over the last 3 Years.
Ratios
Conclusion
– is almost debt free.
– has a good return on equity (ROE) track record: 3 Years ROE 24.97% – has high debtors of 226.63 days.
