Mehabe score: 1 G Factor: 4 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 4 and Piotski score of 8.
Description
Smartlink Holdings Ltd is engaged in an Investment Company and earns majorly from investing activity. It owns and operates various business through its subsidiaries.[1] Site:SMARTLINK Main Symbol:SMARTLINK
Stock trades at 158.0, below its 50dma 162.6. However it is trading above its 200dma 127.64. 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 162.6.
The 52 week high is at 254.35 and the 52week low is at 78.10
Price Chart
P/E Chart
Sales and Margin
Strengths
– Stock is trading at 0.98 times its book value
Weakness
– has a low return on equity of -0.33% for last 3 years.
-Promoter holding has decreased over last 3 years: -3.70%
Competition
– The industry trades at a mean P/E of 26.9x. Bajaj Finance trades at the industry’s max P/E of 72.38x. SMARTLINK trades at a P/E of 16.5x
– Industry’s mean G-Factor is 3.5 while the mean Piotski score is 8.0. SMARTLINK has a G-Factor of 4 and Piotski scoreof 8.
– Average 1 month return for industry is -3.8%. The max 1- month return was given by Cholaman.Inv.&Fn: a return of 17.9 %
Quarterly Results
Sales for period ended Sep 2021 is Rs 18.26 cr compared to Rs 19.26 cr for period ended Sep 2020, a fall of 5.2%
.
vis-vis 2.58 for period ended Sep 2020 .
Operating Margins expanded 396.5 bps for period ended Sep 2021 vis-vis Sep 2020.
Company reported operating profit of Rs 3.17 cr for period ended Sep 2021 and operating profit margin at 17.4 % for same period.
The EPS for quarter ended Sep 2021 is Rs 2.81 compared to Rs 0.29 for previous quarter ended Jun 2021 and Rs 1.52 for Sep 2020.
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 68.52 cr for period ended TTM vis-vis sales of Rs 70.39 cr for the period ended Mar 2021, a fall of 2.7%. The 3 year sales cagr stood at -14.1%.
Operating margins shrank to 11.4% for period ended TTM vis-vis 15.26% for period ended Mar 2021, contraction of 386.0 bps.
Net Profit reported at Rs 9.55 cr for period ended TTM vis-vis sales of Rs 10.37 cr for the period ended Mar 2021, falling 0%.
Balance Sheet Statement
Cash Flow Statement
Cash Flow comments
CashFlow from operating activities was positive.
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 6.0% compared to 0.0% over the last 3 Years. – The stock has given a return of 82% on a 1 Year basis vis-vis a return of 27% over the last 3 Years. – The compounded sales growth on a TTM bassis is 0% vis-vis a compounded sales growth of -11% over the last 3 Years. – The compounded profit growth on a TTM basis is 1103% vis-vis a compounded profit growth of 73% over the last 3 Years.
Ratios
Shareholding Pattern
– Public shareholding has remained largely constant. The Dec 2021 public holding stood at 30.11% vis-vis 30.11% for Sep 2021
Conclusion
– Stock is trading at 0.98 times its book value – has a low return on equity of -0.33% for last 3 years.
-Promoter holding has decreased over last 3 years: -3.70%
