Mehabe score: 1 G Factor: 3 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 3 and Piotski score of 3.
Description
Vision Cinemas is engaged in the business of film exhibition and production.(Source : 201803 Annual Report Page No:48) Site:VISIONCINE Main Symbol:VISIONCINE
Stock trades at 1.73, below its 50dma 3.12 and below its 200dma 2.57. The stock remains bearish on technicals
The 52 week high is at 4.13 and the 52week low is at 1.58
Price Chart
P/E Chart
Sales and Margin
Strengths
– is almost debt free.
Weakness
– has low interest coverage ratio.
-Promoter holding is low: 38.82%
– has a low return on equity of -3.56% for last 3 years.
Competition
– The industry trades at a mean P/E of 38.1x. Saregama India trades at the industry’s max P/E of 55.7x. VISIONCINE trades at a P/E of x
– Industry’s mean G-Factor is 3.2 while the mean Piotski score is 8.0. VISIONCINE has a G-Factor of 3 and Piotski scoreof 3.
– Average 1 month return for industry is -0.3%. The max 1- month return was given by TV18 Broadcast: a return of 42.36 %
Quarterly Results
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Company reported negative operating profit of Rs -0.01 cr for period ended Sep 2021. For same period last year, operating profit was -0.01.
The EPS for quarter ended Sep 2021 is Rs -0.01 compared to Rs -0.01 for previous quarter ended Jun 2021 and Rs -0.01 for Sep 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 -0.39 cr for period ended TTM vis-vis sales of Rs -0.37 cr for the period ended Mar 2021, falling 0%.
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 -6.32 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 154% on a 1 Year basis vis-vis a return of 9% over the last 3 Years. – The compounded sales growth on a TTM bassis is -100% vis-vis a compounded sales growth of % over the last 3 Years. – The compounded profit growth on a TTM basis is 11% vis-vis a compounded profit growth of 11% over the last 3 Years.
Ratios
Shareholding Pattern
– FII shareholding has remained largely constant. The Dec 2021 fii holding stood at 0.02% vis-vis 0.02% for Sep 2021 – Public shareholding has remained largely constant. The Dec 2021 public holding stood at 61.16% vis-vis 61.16% for Sep 2021
Conclusion
– is almost debt free. – has low interest coverage ratio.
-Promoter holding is low: 38.82%
– has a low return on equity of -3.56% 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 3.12 and is trading at 1.73. 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
