B A G Films & Media Receives 'Hold' Rating from MarketsMOJO, Shows Strong Technical Trend

B A G Films & Media, a microcap company in the TV broadcasting and software industry, has recently received a 'Hold' rating from MarketsMOJO on February 14, 2024. This upgrade is based on the company's recent technical trend, which has improved from Mildly Bullish to Bullish, resulting in a 4.94% return since February 13, 2024. Additionally, the company's MACD and KST technical factors are also showing a Bullish trend.
Despite its attractive valuation with a 1.5 Price to Book Value and trading at a discount compared to its historical valuations, B A G Films & Media has a weak long-term fundamental strength. Its operating profits have shown a -6.81% CAGR growth over the last 5 years and the company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of 0.60. Furthermore, the company has a low profitability per unit of shareholders funds with a Return on Equity (avg) of 0.91%.

In terms of recent financial results, B A G Films & Media has shown a decline in profits with a PAT(Q) of -0.60 cr, which is a decrease of -123.2% compared to the previous quarter. The company's OPERATING PROFIT TO INTEREST (Q) ratio is also at its lowest at 0.97 times and its CASH AND CASH EQUIVALENTS(HY) is at its lowest at Rs 2.28 cr.

Despite these weaknesses, B A G Films & Media has shown market-beating performance in the long term as well as the near term. In the last 1 year, the stock has generated a return of 135.33% and has outperformed BSE 500 in the last 3 years, 1 year, and 3 months. However, investors should carefully consider the company's weak long-term fundamentals before making any investment decisions.