Mehabe score: 0 G Factor: 0 Piotski Score: 3 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 0 and Piotski score of 3.
Description
Simplex Papers is in trading of different types of papers i.e. paper board, craft paper etc. Site:SIMPLXPAP Main Symbol:SIMPLXPAP
Stock trades at 35.0, below its 50dma 44.55 and below its 200dma 42.05. The stock remains bearish on technicals
The 52 week high is at 56.50 and the 52week low is at 27.70
Price Chart
P/E Chart
Sales and Margin
Strengths
–
Weakness
– has low interest coverage ratio.
-Promoter holding has decreased over last quarter: -22.00%
-Contingent liabilities of Rs.35.60 Cr.
Competition
– The industry trades at a mean P/E of 40.7x. Adani Enterp. trades at the industry’s max P/E of 166.68x. SIMPLXPAP trades at a P/E of x
– Industry’s mean G-Factor is 3.0 while the mean Piotski score is 8.0. SIMPLXPAP has a G-Factor of 0 and Piotski scoreof 3.
– Average 1 month return for industry is -5.8%. The max 1- month return was given by MMTC: a return of 29.38 %
Quarterly Results
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Company reported negative operating profit of Rs -0.05 cr for period ended Dec 2021. For same period last year, operating profit was -0.02.
The EPS for quarter ended Dec 2021 is Rs -0.17 compared to Rs -0.13 for previous quarter ended Sep 2021 and Rs -0.07 for Dec 2020.
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 0.0 cr for period ended TTM vis-vis sales of Rs 0.0 cr for the period ended Mar 2021,
Net Profit reported at Rs -0.03 cr for period ended TTM vis-vis sales of Rs 0.03 cr for the period ended Mar 2021, falling 0%.
Balance Sheet Statement
Cash Flow Statement
Cash Flow comments
Sales Growth
Profit Growth Statement
Profit Growth Statement
Stock Price CAGR
Return of Equity
General Comments
– The stock has given a return of 3086% on a 1 Year basis vis-vis a return of 154% over the last 3 Years. – The compounded sales growth on a TTM bassis is % vis-vis a compounded sales growth of % over the last 3 Years. – The compounded profit growth on a TTM basis is -63% vis-vis a compounded profit growth of 5% over the last 3 Years.
Ratios
Shareholding Pattern
– Public shareholding has risen for the period ended Dec 2021. The Dec 2021 public holding stood at 35.7% vis-vis 13.18% for Sep 2021
Conclusion
– – has low interest coverage ratio.
-Promoter holding has decreased over last quarter: -22.00%
-Contingent liabilities of Rs.35.60 Cr.
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 44.55 and is trading at 35.0. 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
