MIC Electronics Limited Logo

MIC Electronics Limited

MICEL.NS

(1.2)
Stock Price

84,65 INR

0% ROA

57.28% ROE

37.28x PER

Market Cap.

23.416.725.920,00 INR

0% DER

0% Yield

102.18% NPM

MIC Electronics Limited Stock Analysis

MIC Electronics Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

MIC Electronics Limited Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (26%), which means it has a small amount of debt compared to the ownership it holds

2 ROE

ROE in an average range (4.34%) suggests satisfactory profitability and decent utilization of shareholders' equity.

3 ROA

The stock's ROA (3.2%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

4 Assets Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

5 PBV

The stock's high Price-to-Book Value (P/BV) ratio (12.36x) suggests it's overvalued, potentially making it an expensive investment.

6 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

7 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, indicating a lack of growth and making it a less favorable investment option.

8 Graham Number

The Graham number calculation reveals that this company's stock price is potentially inflated, implying that it may not be a desirable investment option.

9 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

10 Dividend

The company has not distributed any dividends in the past three years, which may raise concerns for investors looking for regular income from their investments.

11 Buffet Intrinsic Value

The company's stock presents a potential concern as it appears overvalued (28) by Warren Buffett's formula, indicating that its market price exceeds its estimated intrinsic value.

MIC Electronics Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

MIC Electronics Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

MIC Electronics Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

MIC Electronics Limited Revenue
Year Revenue Growth
2006 2.709.317.473
2007 3.607.747.926 24.9%
2008 2.954.401.941 -22.11%
2009 2.785.291.366 -6.07%
2010 2.333.489.839 -19.36%
2012 1.036.100.606 -125.22%
2013 1.261.455.556 17.86%
2014 1.585.548.353 20.44%
2015 2.176.355.988 27.15%
2016 2.308.648.821 5.73%
2017 1.577.478.217 -46.35%
2018 48.379.564 -3160.63%
2019 8.199.206 -490.05%
2020 10.494.357 21.87%
2021 438.567.000 97.61%
2022 330.400.000 -32.74%
2022 229.100.000 -44.22%
2023 428.584.000 46.54%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

MIC Electronics Limited Research and Development Expenses
Year Research and Development Expenses Growth
2006 14.692.675
2007 19.957.560 26.38%
2008 36.561.789 45.41%
2009 33.191.974 -10.15%
2010 37.742.576 12.06%
2012 11.322.108 -233.35%
2013 8.358.572 -35.46%
2014 9.034.844 7.49%
2015 6.226.401 -45.11%
2016 7.855.294 20.74%
2017 7.456.755 -5.34%
2018 6.170.349 -20.85%
2019 3.979.329 -55.06%
2020 1.566.816 -153.98%
2021 6.195.000 74.71%
2022 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

MIC Electronics Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 0
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2012 27.567.055 100%
2013 19.883.221 -38.64%
2014 0 0%
2015 15.327.577 100%
2016 23.304.581 34.23%
2017 24.518.982 4.95%
2018 11.628.104 -110.86%
2019 6.270.878 -85.43%
2020 5.219.079 -20.15%
2021 19.578.000 73.34%
2022 0 0%
2022 11.455.000 100%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

MIC Electronics Limited EBITDA
Year EBITDA Growth
2006 438.271.913
2007 921.332.832 52.43%
2008 782.036.869 -17.81%
2009 768.494.305 -1.76%
2010 616.878.117 -24.58%
2012 119.177.958 -417.61%
2013 -5.540.615 2250.99%
2014 113.871.400 104.87%
2015 472.608.997 75.91%
2016 323.783.292 -45.96%
2017 -10.121.566 3298.94%
2018 -194.706.333 94.8%
2019 -163.188.953 -19.31%
2020 19.830.794 922.91%
2021 78.602.000 74.77%
2022 92.800.000 15.3%
2022 34.200.000 -171.35%
2023 103.820.000 67.06%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

MIC Electronics Limited Gross Profit
Year Gross Profit Growth
2006 618.633.650
2007 1.070.433.868 42.21%
2008 871.324.810 -22.85%
2009 827.292.482 -5.32%
2010 -335.461.267 346.61%
2012 292.779.199 214.58%
2013 196.645.805 -48.89%
2014 303.499.800 35.21%
2015 682.303.689 55.52%
2016 584.886.093 -16.66%
2017 189.909.315 -207.98%
2018 22.221.262 -754.63%
2019 2.266.528 -880.41%
2020 3.402.106 33.38%
2021 136.400.000 97.51%
2022 178.400.000 23.54%
2022 78.700.000 -126.68%
2023 166.632.000 52.77%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

MIC Electronics Limited Net Profit
Year Net Profit Growth
2006 338.081.347
2007 700.912.145 51.77%
2008 658.916.213 -6.37%
2009 553.790.883 -18.98%
2010 338.637.798 -63.53%
2012 -307.227.948 210.22%
2013 -599.334.483 48.74%
2014 18.031.966 3423.73%
2015 -1.108.881.424 101.63%
2016 24.028.376 4714.88%
2017 -1.913.574.979 101.26%
2018 -278.465.234 -587.19%
2019 -240.532.977 -15.77%
2020 -59.924.556 -301.39%
2021 29.628.000 302.26%
2022 49.600.000 40.27%
2022 2.436.000 -1936.12%
2023 78.608.000 96.9%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

MIC Electronics Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 13
2007 28 51.85%
2008 26 -3.85%
2009 22 -23.81%
2010 13 -61.54%
2012 -12 208.33%
2013 -23 47.83%
2014 1 0%
2015 -31 100%
2016 -8 -328.57%
2017 -31 76.67%
2018 -4 -650%
2019 -4 0%
2020 -1 -300%
2021 0 0%
2022 0 0%
2022 0 0%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

MIC Electronics Limited Free Cashflow
Year Free Cashflow Growth
2006 -255.450.978
2007 -843.007.039 69.7%
2008 -392.975.031 -114.52%
2009 -111.734.331 -251.7%
2010 -528.598.742 78.86%
2012 -41.040.196 -1188%
2013 -8.323.778 -393.05%
2014 -316.924.447 97.37%
2015 -223.172.948 -42.01%
2016 -202.196.238 -10.37%
2017 279.068.931 172.45%
2018 4.155.942 -6614.94%
2019 6.555.825 36.61%
2020 -1.464.730.035 100.45%
2021 -658.595.000 -122.4%
2022 -87.100.000 -656.14%
2023 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

MIC Electronics Limited Operating Cashflow
Year Operating Cashflow Growth
2006 -78.195.795
2007 -52.459.445 -49.06%
2008 -91.965.307 42.96%
2009 331.722.441 127.72%
2010 -84.068.643 494.59%
2012 63.803.503 231.76%
2013 -8.323.778 866.52%
2014 -316.924.447 97.37%
2015 -220.425.075 -43.78%
2016 -182.816.923 -20.57%
2017 328.966.188 155.57%
2018 4.155.942 -7815.56%
2019 6.589.182 36.93%
2020 -1.464.730.035 100.45%
2021 -575.789.000 -154.39%
2022 -47.600.000 -1109.64%
2023 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

MIC Electronics Limited Capital Expenditure
Year Capital Expenditure Growth
2006 177.255.183
2007 790.547.594 77.58%
2008 301.009.724 -162.63%
2009 443.456.772 32.12%
2010 444.530.099 0.24%
2012 104.843.699 -323.99%
2013 0 0%
2014 0 0%
2015 2.747.873 100%
2016 19.379.315 85.82%
2017 49.897.257 61.16%
2018 0 0%
2019 33.357 100%
2020 0 0%
2021 82.806.000 100%
2022 39.500.000 -109.64%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

MIC Electronics Limited Equity
Year Equity Growth
2006 1.680.837.143
2007 2.728.526.284 38.4%
2008 3.333.019.272 18.14%
2009 3.973.474.210 16.12%
2010 4.216.316.088 5.76%
2011 3.636.366.292 -15.95%
2012 3.446.113.907 -5.52%
2013 2.995.638.666 -15.04%
2014 3.099.067.366 3.34%
2015 2.307.403.011 -34.31%
2016 3.218.983.120 28.32%
2017 -773.549.439 516.13%
2018 -1.044.333.487 25.93%
2019 -1.278.888.721 18.34%
2020 50.069.681 2654.22%
2021 637.744.000 92.15%
2022 640.200.000 0.38%
2023 1.219.620.000 47.51%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

MIC Electronics Limited Assets
Year Assets Growth
2006 2.762.553.061
2007 3.885.220.719 28.9%
2008 4.834.792.771 19.64%
2009 5.556.350.505 12.99%
2010 6.235.221.325 10.89%
2011 6.002.734.979 -3.87%
2012 6.211.942.755 3.37%
2013 5.755.035.258 -7.94%
2014 5.928.698.851 2.93%
2015 4.855.399.218 -22.11%
2016 5.116.723.500 5.11%
2017 2.002.035.683 -155.58%
2018 1.781.395.164 -12.39%
2019 1.606.064.461 -10.92%
2020 649.520.233 -147.27%
2021 750.750.000 13.48%
2022 874.000.000 14.1%
2023 0 0%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

MIC Electronics Limited Liabilities
Year Liabilities Growth
2006 1.081.715.917
2007 1.156.694.435 6.48%
2008 1.501.773.499 22.98%
2009 1.582.876.295 5.12%
2010 2.018.905.237 21.6%
2011 2.366.368.687 14.68%
2012 2.765.828.848 14.44%
2013 2.759.396.592 -0.23%
2014 2.829.631.485 2.48%
2015 2.547.996.207 -11.05%
2016 1.897.740.380 -34.26%
2017 2.775.585.122 31.63%
2018 2.825.728.651 1.77%
2019 2.884.953.182 2.05%
2020 599.450.552 -381.27%
2021 113.006.000 -430.46%
2022 233.800.000 51.67%
2023 0 0%

MIC Electronics Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
2.55
Net Income per Share
2.61
Price to Earning Ratio
37.28x
Price To Sales Ratio
38.09x
POCF Ratio
-316.36
PFCF Ratio
487.03
Price to Book Ratio
19.2
EV to Sales
38.1
EV Over EBITDA
160.57
EV to Operating CashFlow
-316.48
EV to FreeCashFlow
487.21
Earnings Yield
0.03
FreeCashFlow Yield
0
Market Cap
23,42 Bil.
Enterprise Value
23,43 Bil.
Graham Number
17.23
Graham NetNet
0.04

Income Statement Metrics

Net Income per Share
2.61
Income Quality
-0.12
ROE
0.57
Return On Assets
0
Return On Capital Employed
0
Net Income per EBT
3.29
EBT Per Ebit
1.46
Ebit per Revenue
0.21
Effective Tax Rate
-2.29

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.4
Operating Profit Margin
0.21
Pretax Profit Margin
0.31
Net Profit Margin
1.02

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-0.31
Free CashFlow per Share
0.2
Capex to Operating CashFlow
-1.65
Capex to Revenue
0.2
Capex to Depreciation
12.39
Return on Invested Capital
0.35
Return on Tangible Assets
0
Days Sales Outstanding
0
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0
Inventory Turnover
0
Capex per Share
0.51

Balance Sheet

Cash per Share
0,04
Book Value per Share
0,00
Tangible Book Value per Share
0
Shareholders Equity per Share
5.06
Interest Debt per Share
0.07
Debt to Equity
0
Debt to Assets
0
Net Debt to EBITDA
0.06
Current Ratio
0
Tangible Asset Value
0,00 Bil.
Net Current Asset Value
0,01 Bil.
Invested Capital
8920000
Working Capital
0,01 Bil.
Intangibles to Total Assets
0
Average Receivables
0,14 Bil.
Average Payables
0,02 Bil.
Average Inventory
40052500
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

MIC Electronics Limited Dividends
Year Dividends Growth
2007 2
2008 0 0%
2009 0 0%

MIC Electronics Limited Profile

About MIC Electronics Limited

MIC Electronics Limited designs, develops, manufactures, and sells LED video displays, and electronic and telecommunication equipment worldwide. The company offers indoor lighting products comprising area lights, down lights, tube lights, and bulbs; outdoor lighting products, such as street, parking, and industrial lights; solar lighting products, including street and home lighting products; and portable products, such as lanterns, home lights, and angels. It also provides indoor displays, such as indoor video screens and digital posters; outdoor displays, including outdoor video walls, digital billboards and posters, ticker displays, and perimeter displays; mobile displays comprising trailer and truck displays; and application-specific displays, such as passenger information displays and infrastructure equipment for digital theme parks, as well as oxygen concentrators. The company was incorporated in 1988 and is headquartered in Hyderabad, India.

CEO
Mr. Rakshit Mathur
Employee
82
Address
Plot No. 192/B
Hyderabad, 500051

MIC Electronics Limited Executives & BODs

MIC Electronics Limited Executives & BODs
# Name Age
1 Mr. Manoj Kumar
Senior General Manager of Sales
70
2 Mr. Vivek Reddy Venumuddala
Chief Operating Officer
70
3 Mr. Sivanand Swamy Mitikiri
Whole-Time Director
70
4 Ms. Alla Lakshmi Sowjanya
Company Secretary & Compliance Officer
70
5 Mr. Rakshit Mathur
Chief Executive Officer
70
6 Mr. Kaushik Yalamanchili
MD & Chairman
70
7 Mr. Muralikrishnan Sadasivan Madurai
Chief Financial Officer
70
8 Mr. Govindappa Gadaputi B.E,M.Tech
Chief of Business Development & Marketing
70
9 Mr. Borapureddi Sridhar M.Tech.
Chief Manager of Telecom Embedded Software
70
10 Mr. N. Tamma Rao B.E.
Chief Manager of Customer Support
70

MIC Electronics Limited Competitors