Alfa Ica (India) Sees Revision in Stock Evaluation Amidst Mixed Financial Indicators Alfa Ica (India), a microcap entity in the Wood & Wood Products sector, has recently undergone a revision in its stock evaluation by MarketsMOJO. This adjustment comes in light of concerns regarding the company's long-term fundamental strength, particularly underscored by its average Return on Capital Employed (ROCE) of 8.72%. In the past five years, Alfa Ica has demonstrated modest growth, with net sales increasing at an annual rate of 5.38% and operating profit rising at 11.99%. However, the company's capacity to manage its debt has raised eyebrows, as evidenced by a high Debt to EBITDA ratio of 4.03 times. Recent financial results for September 2024 have also shown stagnation, with the Debtors Turnover Ratio dropping to a low of 5.47 times. Despite these challenges, the stock maintains a technically mildly bullish position, buoyed by various positive indicators such as MACD and Bollinger Bands. Furthermore, Alfa Ica has been added to MarketsMOJO's list, highlighting its appealing valuation metrics, including a 1.5 Enterprise Value to Capital Employed ratio. The stock has also delivered a remarkable return of 64.59% over the past year, surpassing the performance of the BSE 500 index in both short and long-term evaluations.

Dec 30 2024 06:56 PM IST
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Alfa Ica (India) has recently undergone a revision in its score by MarketsMojo, reflecting concerns over its long-term fundamental strength. Despite modest growth in sales and operating profit, the company's financial health is questioned due to high debt levels. Nevertheless, technical indicators suggest a mildly bullish trend for the stock.
Alfa Ica (India), a microcap player in the Wood & Wood Products industry, has recently experienced a revision in its stock evaluation by MarketsMOJO. The adjustment reflects concerns regarding the company's long-term fundamental strength, particularly highlighted by its average Return on Capital Employed (ROCE) of 8.72%.

Over the past five years, Alfa Ica has shown modest growth, with net sales increasing at an annual rate of 5.38% and operating profit at 11.99%. Additionally, the company's ability to service its debt has come under scrutiny, as indicated by a high Debt to EBITDA ratio of 4.03 times. Recent financial results for September 2024 have also been flat, with the Debtors Turnover Ratio hitting a low of 5.47 times.

Despite these challenges, the stock remains technically positioned in a mildly bullish range, supported by various bullish indicators such as MACD and Bollinger Bands. Notably, Alfa Ica has been added to MarketsMOJO's list, reflecting its attractive valuation metrics, including a 1.5 Enterprise Value to Capital Employed ratio. The stock has generated a notable return of 64.59% over the past year, outperforming the BSE 500 index in both the short and long term.
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