MarketsMOJO Upgrades M K Proteins to 'Hold' Rating Due to Strong Management Efficiency and Debt Servicing Ability

M K Proteins, a microcap company in the solvent extraction industry, has recently been upgraded to a 'Hold' rating by MarketsMOJO on November 4th, 2024. This upgrade comes as a result of the company's high management efficiency, with a ROCE (Return on Capital Employed) of 27.04%. Additionally, M K Proteins has a strong ability to service its debt, with an EBIT (Earnings Before Interest and Taxes) to Interest ratio of 11.36.
The company also has an attractive valuation, with a ROCE of 19.8 and an Enterprise value to Capital Employed ratio of 4.5. Despite a negative return of -66.42% in the past year, M K Proteins has seen a 5% increase in profits. However, the PEG (Price/Earnings to Growth) ratio of the company is 4.8, indicating a potentially overvalued stock.

M K Proteins is primarily owned by its promoters, who hold the majority of shares. In the last quarter, the company's net sales have fallen by -24.76%, resulting in flat results. The stock is currently in a mildly bearish range and both its KST (Know Sure Thing) and DOW (Dow Theory) technical factors are also bearish.

In the past year, M K Proteins has underperformed the market, with the BSE 500 generating returns of 31.79% while the stock has generated negative returns of -66.42%. As a microcap company in the solvent extraction industry, M K Proteins may have potential for growth in the future, but for now, it is recommended to hold the stock and monitor its performance closely.