Moschip Technologies Ltd - Stock Valuation and Financial Performance

BSE: 532407 | NSE: | IT - Software | Small Cap

Moschip Technologies Share Price

88.56 -0.27 -0.30%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Moschip Technologies

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Moschip Technologies stock performance -

mw4me loader
P/E Ratio (SA):
219.75
Market Cap:
1,666.1 Cr.
52-wk low:
56.6
52-wk high:
114.7

Is Moschip Technologies Ltd an attractive stock to invest in?

1. Is Moschip Technologies Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Moschip Technologies Ltd is a below average quality company.

2. Is Moschip Technologies Ltd undervalued or overvalued?

The key valuation ratios of Moschip Technologies Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Moschip Technologies Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Moschip Technologies Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Moschip Technologies:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Moschip Technologies Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -49.9%-36.2%-142.3%1.4%-9.8%-15.6%-13.6%2.9%7.9%6.5%-
Value Creation
Index
NANANA-0.9-1.7-2.1-2.0-0.8-0.4-0.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 75.85.116.745.658.763.484.1121171215
Sales YoY Gr.--16.8%-11.9%227.3%173%28.8%7.9%32.7%43.6%41.8%-
Adj EPS -1.6-1-2.4-0.1-0.9-1.5-1.5-0.10.30.30.4
YoY Gr.-NANANANANANANANA-18.8%-
BVPS (₹) -0.9-2.2-4.6335.75.55.34.26.414
Adj Net
Profit
-7.1-4.6-11-0.7-12-23.1-24.3-1.65.14.38
Cash Flow from Ops. 0-0.1-0.2-50.1-17.1-22.5-11.37.811.515-
Debt/CF from Ops. 313.9-131.9-152.9-0.5-3.2-2-5.37.65.12.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 42.7%30.3%39.3%41.8%
Adj EPS NANANA-18.8%
BVPSNA15.9%5.2%50%
Share Price 48.3% 36.1% 55.2% 38.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
3013.966.670.9-5.7-27.1-30-24.4-1.86.44.43.9
Op. Profit
Mgn %
-75.2-38.9-155.7-2.9-12.8-24.3-15.89.21711.610.1
Net Profit
Mgn %
-102.1-80.2-215.7-4.1-26.4-39.4-38.3-1.94.22.53.5
Debt to
Equity
-3.5-1.8-1.20.71.40.50.70.70.90.4-
Working Cap
Days
6428461,10364845348648337223716695
Cash Conv.
Cycle
48150169534718617113694929718

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 3.90%

Sales growth is growing at healthy rate in last 3 years 39.29%

Debt to equity has declined versus last 3 years average to 0.37

Sales growth is good in last 4 quarters at 37.88%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Moschip Technologies Ltd.

Standalone Consolidated
TTM EPS (₹) 0.4 0.6
TTM Sales (₹ Cr.) 215 272
BVPS (₹.) 14 13.8
Reserves (₹ Cr.) 226 221
P/BV 6.31 6.43
PE 219.75 158.08
From the Market
52 Week Low / High (₹) 56.55 / 114.68
All Time Low / High (₹) 1.30 / 114.68
Market Cap (₹ Cr.) 1,666
Equity (₹ Cr.) 37.6
Face Value (₹) 2
Industry PE 33.7

Management X-Ray of Moschip Technologies:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Moschip Technologies

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales7651746596384121171
Operating Expenses 128131851737376100151
Manufacturing Costs1000322200
Material Costs00041371112
Employee Cost 84692650606286131
Other Costs 3375101310121318
Operating Profit -5-2-8-1-6-14-1082120
Operating Profit Margin (%) -75.2%-38.9%-155.0%-6.5%-12.8%-24.4%-15.8%9.2%17.0%11.6%
Other Income 1002133324
Interest 1232555887
Depreciation 00002655912
Exceptional Items -100000-10000
Profit Before Tax -8-5-11-1-12-23-27-255
Tax 0000000000
Profit After Tax -8-5-11-1-12-23-27-255
PAT Margin (%) -108.0%-78.5%-219.0%-6.6%-26.2%-38.8%-43.2%-2.2%4.4%3.1%
Adjusted EPS (₹)-1.6-1.0-2.4-0.1-0.9-1.5-1.7-0.10.30.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund -4-10-21384088868468106
Share Capital 469925263132323233
Reserves -50-19-3013145755523673
Minority Interest0000000000
Debt14172627554559595833
Long Term Debt00000002114
Short Term Debt14172627554559565619
Trade Payables2330151415141211
Others Liabilities 55109113314203063
Total Liabilities 17161874120180175176167212

Fixed Assets

Gross Block12111014067686695120
Accumulated Depreciation10101002813152436
Net Fixed Assets2000375955517184
CWIP 0002300000
Investments 0002763434342828
Inventories1344400021
Trade Receivables108818354133454768
Cash Equivalents 11023232111
Others Assets33420324449441919
Total Assets 17161874120180175176167212

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 000-50-17-23-1181115
PBT -6-5-11-1-12-23-27-255
Adjustment 000171220142430
Changes in Working Capital 6411-50-13-9-5-6-18-22
Tax Paid 00000-30101
Cash Flow From Investing Activity 000-2-18-500-6-16
Capex 000-2-19-1-1-1-4-5
Net Investments 000-10-500-1-12
Others 0001100000
Cash Flow From Financing Activity 00052362713-8-81
Net Proceeds from Shares 00055114440314
Net Proceeds from Borrowing 0000000000
Interest Paid 000-2-3-4-2-10-8-7
Dividend Paid 0000000000
Others 000-128-13112-3-5
Net Cash Flow 0000002-1-20
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)N/AN/AN/A-13.27-30.7-35.71-31.49-2.187.16.07
ROCE (%)N/AN/AN/A1.69-7.76-14.24-14.534.439.918.7
Asset Turnover Ratio0.420.360.310.360.470.390.360.480.70.9
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/AN/A2.23
Working Capital Days
Receivable Days511555578289212235212170140123
Inventory Days331092629434151063
Payable Days0001402047055,7197,5674,6692,713

Moschip Technologies Ltd Stock News

Moschip Technologies Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Moschip Technologies on 28-Mar-2024 16:01 is ₹88.56.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Mar-2024 16:01 the market cap of Moschip Technologies stood at ₹1,666.1.
The latest P/E ratio of Moschip Technologies as of 28-Mar-2024 16:01 is 219.8.
The latest P/B ratio of Moschip Technologies as of 28-Mar-2024 16:01 is 6.31.
The 52-week high of Moschip Technologies is ₹114.7 and the 52-week low is ₹56.55.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Moschip Technologies is ₹215.0 ( Cr.) .

About Moschip Technologies Ltd

Moschip Semiconductor Technology Ltd. founded in 1999, is the only publicly traded, world-class, fab-less semiconductor company based in India. The company’s  headquarter and design center is located in Hyderabad, India and houses 118 employees, of which 91 are engineers. The company also has offices in Silicon Valley and in Southern California. The Silicon Valley location houses their sales and marketing team and their SoCal office develops their Audio/Video solutions. The vast majority of MosChip's products are designed in India, fabricated in world-class fabrication houses throughout Taiwan and sold worldwide through the US office.

Over the last few years, MosChip has built an engineering team that is capable of designing OEM based products. The team is product centric, which designs and develops products working across different Operating Systems and multiple platforms of various hardware configurations. They currently offer several products that are in volume production with customer sampling available in the PCI, PCI-e, USB, A/V, NAS and IPSec areas.

MosChip's engineering expertise lies in PCI, PCI-e, Ethernet, USB, IEEE 1394, Serial, Parallel, PLL, Transceivers and A/D & D/A, System on a Chip, Device Drivers, Embedded Firmware, Engineering and Reference Platforms.

The company provides vendors and OEM suppliers support for their broad product range. Their offerings include free driver downloads that includes multiple supported Operating Systems, software support, specialized application support and product specific documentation.

MosChip is a market driven company that incorporates the latest in cutting edge technologies. It offers a broad selection of connectivity solutions that include PCI, PCI-e, Ethernet, IEEE1394, USB, Serial, Parallel and GPIO interfaces. Their network based products include SOHO, NAS and IPSec industrial solutions as well as A/V processors. It prides itself on utilizing the best security solutions currently available in the market place. For the highest security needs it offers AES, DES, Blowfish, DRM, 5C, M6 and proprietary IP solutions to security minded customers.

Products and services offered by the company:

Products

  • Network Appliance Processor
  • Network Appliance Co-Processor
  • USB Connectivity
  • PCI & PCI Express Connectivity

Business solutions

  • Media Docking Stations
  • Secure NAS
  • USB Server
  • PoS (Point of Sale)
  • Digital Signage
  • Consumer Audio Video
  • Serial Server
  • Access Control Network
  • Industrial Automation
  • SOHO

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