ScoreWhy is SP Apparels Ltd. ?
1
Strong ability to service debt as the company has a low Debt to EBITDA ratio of 1.16 times
- PAT(Q) At Rs 18.48 cr has Fallen at -39.2%
- NET SALES(Q) Lowest at Rs 364.91 cr
- PBDIT(Q) Lowest at Rs 44.64 cr.
2
Stock is technically in a Mildly Bullish range
- The stocks MACD and KST technical factors are also Bullish
3
With ROCE of 13.1, it has a Attractive valuation with a 1.8 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -12.26%, its profits have risen by 7.4% ; the PEG ratio of the company is 2.7
4
Falling Participation by Institutional Investors
- Institutional investors have decreased their stake by -2.5% over the previous quarter and collectively hold 18.05% of the company
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors
5
Underperformed the market in the last 1 year
- Even though the market (BSE500) has generated returns of 0.10% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -12.26% returns
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to SP Apparels should be less than 10%
- Overall Portfolio exposure to Garments & Apparels should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Garments & Apparels)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is SP Apparels for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
SP Apparels
29.67%
-0.27
45.79%
Sensex
-11.8%
-0.49
12.94%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
16.83%
EBIT Growth (5y)
13.64%
EBIT to Interest (avg)
5.70
Debt to EBITDA (avg)
1.71
Net Debt to Equity (avg)
0.37
Sales to Capital Employed (avg)
1.10
Tax Ratio
28.01%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
17.64%
ROCE (avg)
13.38%
ROE (avg)
11.81%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
22
Industry P/E
27
Price to Book Value
2.46
EV to EBIT
15.14
EV to EBITDA
11.81
EV to Capital Employed
2.07
EV to Sales
1.70
PEG Ratio
3.13
Dividend Yield
0.32%
ROCE (Latest)
13.15%
ROE (Latest)
10.73%
Loading Valuation Snapshot...
TechnicalsTechnical 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
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend2What is working for the Company
OPERATING PROFIT TO NET SALES(Q)
Highest at 15.30%
-6What is not working for the Company
OPERATING PROFIT TO INTEREST (Q)
Lowest at 4.13 times
INTEREST(Q)
Highest at Rs 14.86 cr
Loading Valuation Snapshot...
Here's what is working for SP Apparels
Operating Profit Margin - Quarterly
Highest at 15.30%
in the last five quartersMOJO Watch
Company's efficiency has improved
Operating Profit to Sales
Here's what is not working for SP Apparels
Interest - Quarterly
At Rs 14.86 cr has Grown at 72.79%
Quarter on Quarter (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Operating Profit to Interest - Quarterly
Lowest at 4.13 times
in the last five quartersMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Interest - Quarterly
Highest at Rs 14.86 cr
in the last five quarters and Increased by 72.79 % (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
