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Forbes & Co

  • Market Cap: Micro Cap
  • Industry: Engineering - Industrial Equipments
  • ISIN: INE518A01013
  • NSEID: FORBESGOK
  • BSEID: 502865
INR
307.65
-3.35 (-1.08%)
BSENSE

Apr 11, 12:49 PM

BSE+NSE Vol: 355

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Comparison
Company
Score
Quality
Valuation
Financial
Technical
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Why is Forbes & Company Ltd ?
1
Low ability to service debt as the company has a high Debt to EBITDA ratio of 9.65 times
  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 9.65 times
2
Poor long term growth as Net Sales has grown by an annual rate of -41.38% and Operating profit at -16.73% over the last 5 years
3
Stock is technically in a Bearish range
  • The technical trend has deteriorated from Mildly Bearish on 06-Jan-25 and has generated -29.77% returns since then
  • The stocks Bollinger Band and KST technical factors are also Bearish
4
98.25% of Promoter Shares are Pledged
  • In falling markets, high promoter pledged shares puts additional downward pressure on the stock prices
5
Underperformed the market in the last 1 year
  • Even though the market (BSE 500) generated negative returns of -0.95% in the last 1 year, its fall in the stock was much higher with a return of -38.90%
stock-recommendationReal-Time Research Report
Verdict Report
How much should you sell?
  1. All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Engineering - Industrial Equipments)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Forbes & Co for you?

High Risk, Low Return

Absolute
Risk Adjusted
Volatility
Forbes & Co
-38.9%
-0.67
57.68%
SENSEX
0.45%
0.03
14.48%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors
Factor
Value
Sales Growth (5y)
-41.38%
EBIT Growth (5y)
-16.73%
EBIT to Interest (avg)
0.09
Debt to EBITDA (avg)
10.23
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
3.40
Tax Ratio
13.70%
Dividend Payout Ratio
0
Pledged Shares
98.25%
Institutional Holding
11.12%
ROCE (avg)
2.39%
ROE (avg)
548.28%
stock-recommendationValuation
Valuation Scorecard stock-summary
stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary
Factor
Value
P/E Ratio
15
Industry P/E
34
Price to Book Value
2.18
EV to EBIT
21.27
EV to EBITDA
19.41
EV to Capital Employed
2.57
EV to Sales
1.80
PEG Ratio
0.04
Dividend Yield
NA
ROCE (Latest)
9.67%
ROE (Latest)
11.10%
Loading Valuation Snapshot...
stock-recommendationTechnicals
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
No Trend
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
Analyse All Technical Factors stock-recommendation
stock-recommendationFinancial Trend
Financial Trend Scorecard stock-summary
stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

24What is working for the Company
NET SALES(Latest six months)

At Rs 74.89 cr has Grown at 173.02%

PAT(Latest six months)

Higher at Rs 14.84 cr

EPS(Q)

Highest at Rs 7.36

-5What is not working for the Company
ROCE(HY)

Lowest at 10.67%

NET SALES(Q)

At Rs 40.23 cr has Fallen at -5.0% (vs previous 4Q average

NON-OPERATING INCOME(Q)

is 73.24 % of Profit Before Tax (PBT

Loading Valuation Snapshot...
Here's what is working for Forbes & Co
Profit After Tax (PAT) - Quarterly
At Rs 9.50 cr has Grown at 85.7% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 5.11 Cr
MOJO Watch
Near term PAT trend is very positive

PAT (Rs Cr)

Profit After Tax (PAT) - Quarterly
Highest at Rs 9.50 cr.
in the last five quarters
MOJO Watch
Near term PAT trend is positive

PAT (Rs Cr)

Earnings per Share (EPS) - Quarterly
Highest at Rs 7.36
in the last five quarters
MOJO Watch
Increasing profitability; company has created higher earnings for shareholders

EPS (Rs)

Here's what is not working for Forbes & Co
Net Sales - Quarterly
At Rs 40.23 cr has Fallen at -5.0% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 42.36 Cr
MOJO Watch
Near term sales trend is negative

Net Sales (Rs Cr)

Non Operating Income - Quarterly
is 73.24 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model

Non Operating Income to PBT

Non Operating Income - Quarterly
Highest at Rs 9.55 cr
in the last five quarters
MOJO Watch
Increased income from non business activities may not be sustainable

Non Operating Income

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