KJMC Corporate Advisors (India) Downgraded to 'Sell' by MarketsMOJO on Weak Fundamentals

KJMC Corporate Advisors (India) is a microcap company in the finance/NBFC industry. Recently, MarketsMOJO downgraded their stock call to 'Sell' on September 2nd, 2024. This decision was based on weak long-term fundamental strength, with an average Return on Equity (ROE) of 0.22% and poor long-term growth in net sales and operating profit.
Despite declaring positive results for the last 5 consecutive quarters and a 36.78% growth in net sales, the stock is technically in a mildly bullish range. The MACD and KST technical factors are also bullish, but with an ROE of 3.9, the stock is fairly valued with a 0.5 price to book value. Additionally, it is currently trading at a discount compared to its average historical valuations.

Over the past year, the stock has generated a return of 96.85%, while its profits have risen by 62.6%. This gives the company a PEG ratio of 0.2, indicating a potential undervaluation. The majority shareholders of KJMC Corporate Advisors (India) are the promoters, and the company has consistently generated returns over the last 3 years.

Despite its recent downgrade, KJMC Corporate Advisors (India) has outperformed the BSE 500 in each of the last 3 annual periods. However, it is important to note that this article is based on fact-based information and does not include any external data or sources. As always, it is recommended to do your own research and consult with a financial advisor before making any investment decisions.