Mehabe score: 2 G Factor: 3 Piotski Score: 7 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 3 and Piotski score of 7.
Description
Mask Investments Limited is engaged in the business of non-banking financial Institution (not accepting Public deposit).Site:MASKINVESTMain Symbol:www.nseindia.com
Stock trades at 36.0, below its 50dma 36.73. However it is trading above its 200dma 35.17. The stock remains weak in the short term due to near term bearish momentum. However overall bullish structure remains intact. Price action will further build up as it moves above its dma50, currently situated at 36.73.
The 52 week high is at 58.90 and the 52week low is at 21.30
Price Chart
P/E Chart
Sales and Margin
Strengths
– has reduced debt.
– is almost debt free.
-Stock is trading at 0.58 times its book value
Weakness
– has low interest coverage ratio.
-The company has delivered a poor sales growth of -11.54% over past five years.
– has a low return on equity of 0.06% for last 3 years.
Competition
– The industry trades at a mean P/E of 21.7x. SBI Cards trades at the industry’s max P/E of 97.62x. MASKINVEST trades at a P/E of x
– Industry’s mean G-Factor is 3.6 while the mean Piotski score is 7.0. MASKINVEST has a G-Factor of 3 and Piotski scoreof 7.
– Average 1 month return for industry is -3.0%. The max 1- month return was given by Cholaman.Inv.&Fn: a return of 8.05 %
Quarterly Results
Sales for period ended Sep 2021 is Rs 0.02 cr compared to Rs 0.03 cr for period ended Sep 2020, a fall of 33.3%
Company reported negative operating profit of Rs -0.01 cr for period ended Sep 2021. For same period last year, operating profit was 0.03
The EPS for Sep 2021 was Rs 0.03 compared to Rs 0.07 for previous quarter ended Jun 2021 and Rs 0.2 for Sep 2020
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 0.09 cr for period ended TTM vis-vis sales of Rs 0.13 cr for the period ended Mar 2021, a fall of 44.4%. The 3 year sales cagr stood at -19.1%.
Operating margins shrank to -44.44% for period ended TTM vis-vis 7.69% for period ended Mar 2021, contraction of 5213.0 bps.
Net Profit reported at Rs -0.03 cr for period ended TTM vis-vis sales of Rs 0.01 cr for the period ended Mar 2021, falling 0%.
Balance Sheet Statement
Cash Flow Statement
Cash Flow comments
CashFlow from operating activities was positive.
CashFlow from operating activities: Rs 0.13 cr for period ended Mar 2021 vis-vis Rs 0.03 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 -11% on a 1 Year basis vis-vis a return of % over the last 3 Years. – The compounded sales growth on a TTM bassis is -40% vis-vis a compounded sales growth of -32% over the last 3 Years. – The compounded profit growth on a TTM basis is -138% vis-vis a compounded profit growth of -61% over the last 3 Years.
Ratios
Conclusion
– has reduced debt.
– is almost debt free.
-Stock is trading at 0.58 times its book value – has low interest coverage ratio.
-The company has delivered a poor sales growth of -11.54% over past five years.
– has a low return on equity of 0.06% 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 36.73 and is trading at 36.0. 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
