Mehabe score: 2 G Factor: 1 Piotski Score: 6 The stock has a rating SELL. 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 1 and Piotski score of 6.
Description
Golden Crest Education & Services is primarily engaged in business of Consultancy, financial services and other allied services. Site:GOLDENCREST Main Symbol:GOLDENCREST
Stock trades at 40.2, below its 50dma 122.14 and below its 200dma 99.4. The stock remains bearish on technicals
The 52 week high is at 190.80 and the 52week low is at 35.05
Price Chart
P/E Chart
Sales and Margin
Strengths
– is almost debt free.
-Debtor days have improved from 174.82 to 91.25 days.
Weakness
– Though the company is reporting repeated profits, it is not paying out dividend
-The company has delivered a poor sales growth of -7.79% over past five years.
– has a low return on equity of 0.16% for last 3 years.
Competition
– The industry trades at a mean P/E of 103.4x. Golden Crest trades at the industry’s max P/E of 263.61x. GOLDENCREST trades at a P/E of 264.0x
– Industry’s mean G-Factor is 3.0 while the mean Piotski score is 7.0. GOLDENCREST has a G-Factor of 1 and Piotski scoreof 6.
– Average 1 month return for industry is 24.0%. The max 1- month return was given by Shanti Educat.: a return of 119.9 %
Quarterly Results
.
Company reported negative operating profit of Rs -0.02 cr for period ended Dec 2021. For same period last year, operating profit was 0.0.
The EPS for quarter ended Dec 2021 is Rs -0.04 compared to Rs 0.08 for previous quarter ended Sep 2021 and Rs 0.0 for Dec 2020.
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 0.23 cr for period ended TTM vis-vis sales of Rs 0.24 cr for the period ended Mar 2021, a fall of 4.3%. The 3 year sales cagr stood at 6.6%.
Operating margins expanded to 13.04% for period ended TTM vis-vis -4.17% for period ended Mar 2021, expansion of 1721.0 bps.
Net Profit reported at Rs 0.06 cr for period ended TTM vis-vis sales of Rs 0.03 cr for the period ended Mar 2021, rising 0%.
Balance Sheet Statement
Cash Flow Statement
Cash Flow comments
CashFlow from operating activities: Rs -0.01 cr for period ended Mar 2021 vis-vis Rs -0.06 cr for period ended Mar 2020
Sales Growth
Profit Growth Statement
Profit Growth Statement
Stock Price CAGR
Return of Equity
General Comments
– The stock has given a return of 76% on a 1 Year basis vis-vis a return of % over the last 3 Years. – The compounded sales growth on a TTM bassis is 88% vis-vis a compounded sales growth of 12% over the last 3 Years. – The compounded profit growth on a TTM basis is 300% vis-vis a compounded profit growth of 44% over the last 3 Years.
Ratios
Shareholding Pattern
– Public shareholding has remained largely constant. The Dec 2021 public holding stood at 41.83% vis-vis 41.83% for Sep 2021
Conclusion
– is almost debt free.
-Debtor days have improved from 174.82 to 91.25 days. – Though the company is reporting repeated profits, it is not paying out dividend
-The company has delivered a poor sales growth of -7.79% over past five years.
– has a low return on equity of 0.16% for last 3 years.
Fundamentally, the stock remains weak. The business fundamentals are on shaky ground. Weak near term results have dampened and questioned business drivers. We suggest to wait for a upturn in business performance.
Technically, the stock reflects the poor fundamentals. The stock remains below its 50 DMA 122.14 and is trading at 40.2. It has shown near term lack of bullish momentum. We suggest to observe price action. However as investors, who like to avoid timing the markets, we suggest to avoid the stock
