1. Is Midwest Gold Ltd a good quality company?
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Midwest Gold Ltd is a below average quality company.
2. Is Midwest Gold Ltd undervalued or overvalued?
The key valuation ratios of Midwest Gold Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.
3. Is Midwest Gold Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Midwest Gold Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||36.1%||-307.2%||1.4%||-7.7%||-21.3%||-20.4%||-13.5%||-22.7%||-16.7%||-9%||-|
|Value Creation Index ⓘ||1.6||NA||-0.9||NA||NA||NA||NA||NA||NA||NA||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||-84.1%||-88.9%||3,291.7%||-36.1%||-95.4%||-8.3%||427.3%||-36.2%||-67.6%||-|
|Adj EPS ⓘ||0.2||-1.3||0.3||-2.9||-5.3||-4.1||-2.3||-3.8||-4.4||-4||-19.1|
|YoY Gr. Rt. %||-||-757.9%||NA||-1188.9%||NA||NA||NA||NA||NA||NA||-|
|BVPS (₹) ⓘ||1||-0.2||-5.6||-9.2||-14.9||-19||-21.3||-25.1||-29.4||-34.3||-49.5|
|Adj Net Profit ⓘ||0.1||-0.4||0.1||-1||-1.7||-1.3||-0.8||-1.3||-1.4||-1.3||-6|
|Cash Flow from Ops. ⓘ||0||-0.1||0||0.2||0||0||0.1||0.2||0.3||0.6||-|
|Debt/CF from Ops. ⓘ||0||0||-363.8||83.1||1437.5||-735.9||96.3||94||53.8||35.8||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||-240.2%||NA||NA||NA|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||20.6||-319.7||-9.1||39.8||44.3||24.2||11.4||16.5||16||12.5||45.7|
|Op. Profit Mgn % ⓘ||2.9||-50.7||-311.1||-14.3||-44.6||-534.4||-495.2||-111.5||-292.9||-804.7||-410.6|
|Net Profit Mgn % ⓘ||0.9||-37.9||75.4||-23.7||-67.2||-1099.4||-702.2||-216.7||-384.4||-1114.6||-477.3|
|Debt to Equity ⓘ||0||0||-8||-4||-2.5||-2||-1.7||-1.7||-1.9||-2||-|
|Working Cap Days ⓘ||476||3,175||34,030||957||1,122||21,152||24,960||4,997||8,247||25,001||1,523|
|Cash Conv. Cycle ⓘ||249||1,451||21,182||450||580||15,448||18,323||3,404||5,542||17,354||0|
Return on Equity has increased versus last 3 years average to 45.60%
Sales growth is good in last 4 quarters at 1277.74%
Sales growth has been subdued in last 3 years 0.00%
|TTM EPS (₹)||-19.1||-|
|TTM Sales (₹ Cr.)||1.3||-|
|BVPS (₹.) ⓘ||-49.5||-|
|Reserves (₹ Cr.) ⓘ||-19||-|
|From the Market|
|52 Week Low / High (₹)||28.00 / 33.20|
|All Time Low / High (₹)||0.10 / 33.20|
|Market Cap (₹ Cr.)||10.3|
|Equity (₹ Cr.)||3.3|
|Face Value (₹)||10|
|Industry PE ⓘ||31|
Midwest Gold was originally incorporated as a limited company under the name and style of Nova Granites (India) on November 20, 1990 in the State of Karnataka. The company was incorporated as 100% export oriented unit (EOU) with an object of processing of Granite Blocks including mining and processing of all other types of minerals. The company had commenced its commercial operations in the year 1990.
The company has been engaged in the business of manufacturing and marketing granite slabs and tiles. Located in the Bangalore district of Karnataka, the manufacturing developed capacity to manufactures polished granite slabs and tiles, dimensional granite blocks and polished marble slabs and tiles.
The registered office is at No 25A, Attibele Industrial Area, Attibele, Bangalore - 562107.