Competent Automobiles Company Reports Negative Financial Performance in Q2 2024
Competent Automobiles Company, a microcap trading company, has reported a negative financial performance in the second quarter of fiscal year 2024-2025. The company's score has fallen from -5 to -11, with a decrease in Profit Before Tax and Profit After Tax. Operating Profit to Interest ratio and Net Sales have also declined, leading to a 'Sell' call by MarketsMojo.
Competent Automobiles Company, a microcap trading company, has recently declared its financial results for the quarter ending September 2024. According to the data released on November 12, 2024, the company has seen a negative financial performance in the second quarter of the fiscal year 2024-2025.
The company's score has fallen from -5 to -11 in the last three months, indicating a decline in its overall financial health. The Profit Before Tax (PBT) less Other Income has also decreased by 27.56% year on year, with a negative trend in the near term. Similarly, the Profit After Tax (PAT) has fallen by 22.1% year on year, with a negative trend in the near term.
The company's Operating Profit to Interest ratio has also reached its lowest point in the last five quarters, indicating a deteriorating ability to manage interest payments. Additionally, the Net Sales for the quarter have also decreased to its lowest point in the last five quarters, with a negative trend in the near term.
The company's Earnings per Share (EPS) for the quarter have also declined to its lowest point in the last five quarters, indicating a decrease in profitability and lower earnings for shareholders. Based on these financial results, MarketsMOJO has given a 'Sell' call for Competent Automobiles Company's stock.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
