Medinova Diagnostic Services Ltd Stock Analysis

BSE: 526301 | NSE: | Hospital & Healthcare Services | Small Cap

BSE Share Price 22-Sep-2023 18:02
27.79 0.43 (1.57%)

DeciZen - Make an Informed Decision on Medinova Diagnostic

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Medinova Diagnostic Price Chart

P/E Ratio ( SA) :
48.51
Market Cap :
27.3 Cr.
52-wk low :
17.2
52-wk high :
31.9
Bole Toh?

1. Is Medinova Diagnostic Services Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Medinova Diagnostic Services Ltd is a average quality company.

2. Is Medinova Diagnostic Services Ltd undervalued or overvalued?

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

3. Is Medinova Diagnostic Services Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Medinova Diagnostic Services 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 Medinova Diagnostic:

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.
Medinova Diagnostic Services Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -16.5%81.2%28.7%39%21.3%1.9%-0%-84.8%-1,99,328.3%40.6%-
Value Creation Index NANANANANANANA-7.1-14238.71.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 11.17.7766.76.75.511.311.57.88
YoY Gr. Rt. %--30.6%-9%-14.1%11.2%0.9%-18.6%106.2%1.7%-32.6%-
Adj EPS -1-3.7-1.7-1.7-1-0.4-0.32.22.10.60.6
YoY Gr. Rt. %-NANANANANANANA-4.2%-69.7%-
BVPS (₹) -3.4-7.2-8.9-8-8.2-7.4-7.7-5.6-3.5-2.8-2.8
Adj Net Profit -0.9-3.5-1.6-1.7-1-0.4-0.32.22.10.61
Cash Flow from Ops. 1.7-0.21.8-0.70.40.50.41.51.11.2-
Debt/CF from Ops. 0.2-7.72.7-7.313.38.610.32.25.14.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -3.9%3%12.2%-32.6%
Adj EPS NANANA-69.7%
BVPSNANANANA
Share Price 23.8% 9.6% 24.4% 17.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on Equity % 28.87020.82112.54.73.9-32.7-46-20-20
Op. Profit Mgn % -3.5-42.7-6.8-10.8-2.94.55.523.226.519.117.8
Net Profit Mgn % -8.3-45.3-22.6-28.6-15.1-5.4-5.419.1188.17.3
Debt to Equity -0.1-0.2-0.6-0.6-0.6-0.6-0.6-0.6-1.7-2-
Working Cap Days 3161331461307560704038530
Cash Conv. Cycle -17-73-193-258-290-321-433-212-177-2080

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 12.23%

Return on Equity is Poor

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -15.45%

Latest Financials - Medinova Diagnostic Services Ltd.

Standalone Consolidated
TTM EPS (₹) 0.6 1.7
TTM Sales (₹ Cr.) 7.7 10
BVPS (₹.) -2.8 -4.8
Reserves (₹ Cr.) -13 -15
P/BV -9.89 -5.95
PE 48.51 16.72
From the Market
52 Week Low / High (₹) 17.20 / 31.90
All Time Low / High (₹) 1.00 / 62.60
Market Cap (₹ Cr.) 27.3
Equity (₹ Cr.) 10
Face Value (₹) 10
Industry PE 68.3

Management X-Ray of Medinova Diagnostic :

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 Medinova Diagnostic

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Medinova Diagnostic Services Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Medinova Diagnostic on 22-Sep-2023 18:02 is : 27.79.
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 22-Sep-2023 18:02 the market cap of Medinova Diagnostic stood at ₹ 27.31.
The latest PE ratio of Medinova Diagnostic as of 22-Sep-2023 18:02 is 48.51.
The latest PB ratio of Medinova Diagnostic as of 22-Sep-2023 18:02 is -9.89
The 52-week high of Medinova Diagnostic is ₹ 31.90 and the 52-week low is ₹ 17.20.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Medinova Diagnostic is ₹ 7.65 ( Cr.) .

About Medinova Diagnostic Services Ltd

Medinova diagnostic services was established in the year 1985 as a pioneering concept in Diagnostics. For the first time in the country it offered all the diagnostic services from an ordinary blood test to a sophisticated CT Scan under one roof. With its qualitative services for more than two decades and with innovative marketing efforts, Medinova has created a brand name for itself and is the pioneer in Medical Diagnostics in the Country.

Medinova gives emphasis on providing quality services and is equipped with the latest state of the art diagnostic equipment procured from World renowned suppliers like GE, Marquette, Siemens, Hitachi etc. The quality of the tests done by Centres of Medinova meet international standards.Medinova has upgraded its equipment to make best use of latest technology.

Business area of the company

The Company is engaged in the business of providing comprehensive range of diagnostic services spanning pathological investigations, radiology & imaging, conventional, specialized lab services and diagnostic cardiology.

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