Why is Magna Electro Castings Ltd ?
1
Company has a low Debt to Equity ratio (avg) at 0 times
2
The company has declared Positive results for the last 4 consecutive quarters
- PAT(HY) At Rs 11.58 cr has Grown at 58.63 %
- NET SALES(HY) At Rs 88.78 cr has Grown at 23.37 %
3
Stock is technically in a Mildly Bullish range
- The stocks MACD and KST technical factors are also Bullish
4
With ROE of 20.7, it has a Attractive valuation with a 3.4 Price to Book Value
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 83.48%, its profits have risen by 62.6% ; the PEG ratio of the company is 0.3
5
Majority shareholders : Promoters
6
Consistent Returns over the last 3 years
- Along with generating 83.48% returns in the last 1 year, the stock has outperformed BSE 500 in each of the last 3 annual periods
How much should you buy?
- Overall Portfolio exposure to Magna Electrocas should be less than 10%
- Overall Portfolio exposure to Castings/Forgings should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Castings/Forgings)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Magna Electrocas for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Magna Electrocas
88.71%
1.50
55.78%
SENSEX
0.45%
0.03
14.48%
Quality key factors
Factor
Value
Sales Growth (5y)
9.09%
EBIT Growth (5y)
25.31%
EBIT to Interest (avg)
15.14
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.49
Tax Ratio
25.65%
Dividend Payout Ratio
14.01%
Pledged Shares
0
Institutional Holding
0.05%
ROCE (avg)
16.10%
ROE (avg)
11.71%
Valuation Key Factors 
Factor
Value
P/E Ratio
17
Industry P/E
28
Price to Book Value
3.41
EV to EBIT
12.22
EV to EBITDA
10.51
EV to Capital Employed
4.04
EV to Sales
2.08
PEG Ratio
0.26
Dividend Yield
0.57%
ROCE (Latest)
22.13%
ROE (Latest)
20.66%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
No Trend
Technical Movement
11What is working for the Company
PAT(HY)
At Rs 11.58 cr has Grown at 58.63 %
NET SALES(HY)
At Rs 88.78 cr has Grown at 23.37 %
-2What is not working for the Company
PBT LESS OI(Q)
At Rs 6.19 cr has Fallen at -6.9 %
PAT(Q)
At Rs 4.86 cr has Fallen at -7.7 %
Loading Valuation Snapshot...
Here's what is working for Magna Electrocas
Net Sales - Half Yearly
At Rs 88.78 cr has Grown at 23.37 %
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Here's what is not working for Magna Electrocas
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 6.19 cr has Fallen at -6.9 %
over average PBT of the previous four quarters of Rs 6.65 CrMOJO Watch
Near term PBT trend is negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 4.86 cr has Fallen at -7.7 %
over average PAT of the previous four quarters of Rs 5.27 CrMOJO Watch
Near term PAT trend is negative
PAT (Rs Cr)