BSE:539223

Stock Analysis Report

Executive Summary

Ambition Mica Limited manufactures and sells decorative laminates and door skins for interiors and architects in India.

Rewards

Trading at 80.8% below its fair value

Risk Analysis

Earnings have declined by -25.17% per year over past 5 years

Interest payments are not well covered by earnings

Does not have a meaningful market cap (₹104M)

Highly volatile share price over past 3 months

+ 1 more risk


Snowflake Analysis

Fair value with mediocre balance sheet.


Similar Companies

Share Price & News

How has Ambition Mica's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 539223's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-12.9%

539223

1.1%

IN Building

0.8%

IN Market


1 Year Return

-65.5%

539223

10.1%

IN Building

3.6%

IN Market

Return vs Industry: 539223 underperformed the Indian Building industry which returned 10.1% over the past year.

Return vs Market: 539223 underperformed the Indian Market which returned 3.6% over the past year.


Shareholder returns

539223IndustryMarket
7 Day-12.9%1.1%0.8%
30 Day-48.1%3.3%0.7%
90 Day-59.7%5.3%7.1%
1 Year-65.5%-65.5%10.7%10.1%5.6%3.6%
3 Year-82.5%-82.5%46.2%43.6%34.1%27.0%
5 Yearn/a106.0%98.9%41.4%28.6%

Price Volatility Vs. Market

How volatile is Ambition Mica's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Ambition Mica undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 539223 (₹7) is trading below our estimate of fair value (₹36.53)

Significantly Below Fair Value: 539223 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 539223 is unprofitable, so we can't compare its PE Ratio to the Building industry average.

PE vs Market: 539223 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 539223's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 539223 is good value based on its PB Ratio (0.4x) compared to the IN Building industry average (0.9x).


Next Steps

Future Growth

How is Ambition Mica forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.6%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ambition Mica has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Ambition Mica performed over the past 5 years?

-25.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 539223 is currently unprofitable.

Growing Profit Margin: 539223 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 539223 is unprofitable, and losses have increased over the past 5 years at a rate of -25.2% per year.

Accelerating Growth: Unable to compare 539223's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 539223 is unprofitable, making it difficult to compare its past year earnings growth to the Building industry (-0.3%).


Return on Equity

High ROE: 539223 has a negative Return on Equity (-10.73%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Ambition Mica's financial position?


Financial Position Analysis

Short Term Liabilities: 539223's short term assets (₹717.2M) exceed its short term liabilities (₹484.0M).

Long Term Liabilities: 539223's short term assets (₹717.2M) exceed its long term liabilities (₹148.9M).


Debt to Equity History and Analysis

Debt Level: 539223's debt to equity ratio (120.8%) is considered high.

Reducing Debt: 539223's debt to equity ratio has reduced from 217.5% to 120.8% over the past 5 years.

Debt Coverage: 539223's debt is not well covered by operating cash flow (12.8%).

Interest Coverage: 539223 is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet

Inventory Level: 539223 has a high level of physical assets or inventory.

Debt Coverage by Assets: 539223's debt is covered by short term assets (assets are 2.2x debt).


Next Steps

Dividend

What is Ambition Mica's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.5%industryaverage0.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 539223's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 539223's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 539223's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 539223's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 539223's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

What is the CEO of Ambition Mica's salary, the management and board of directors tenure and is there insider trading?

4.5yrs

Average management tenure


CEO

Govindkumarbhai Patel (40yo)

4.8yrs

Tenure

0

Mr. Govindkumarbhai Veljibhai Patel has been the Managing Director of Ambition Mica Limited since March 26, 2015 and has been its Executive Director since March 19, 2010. Mr. Patel has more than 10 years o ...


CEO Compensation Analysis

Compensation vs Market: Govindkumarbhai's total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD50.84K).

Compensation vs Earnings: Govindkumarbhai's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

4.5yrs

Average Tenure

38yo

Average Age

Experienced Management: 539223's management team is considered experienced (4.5 years average tenure).


Board Age and Tenure

4.8yrs

Average Tenure

39yo

Average Age

Experienced Board: 539223's board of directors are considered experienced (4.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.2%.


Management Team

  • Govindkumarbhai Patel (40yo)

    MD & Executive Director

    • Tenure: 4.8yrs
  • Rameshkumar Patel (38yo)

    Whole-Time Director

    • Tenure: 6.6yrs
  • Prahladkumarbhai Patel

    Head of Marketing

    • Tenure: 3.8yrs
  • Jigneshbhai Choudhari (34yo)

    Maintenance Head

    • Tenure: 0yrs
    • Compensation: ₹78.00k
  • Mukeshkumar Prajapati (41yo)

    Production Manager

    • Tenure: 0yrs
    • Compensation: ₹66.00k
  • Bhaveshkumar Patel (35yo)

    Chief Financial Officer

    • Tenure: 4.8yrs
    • Compensation: ₹1.04m
  • Gaurav Jani

    Company Secretary & Compliance Officer

    • Tenure: 4.3yrs
    • Compensation: ₹219.00k

Board Members

  • Govindkumarbhai Patel (40yo)

    MD & Executive Director

    • Tenure: 4.8yrs
  • Monghiben Patel (62yo)

    Non-Executive Director

    • Tenure: 4.8yrs
  • Rameshkumar Patel (38yo)

    Whole-Time Director

    • Tenure: 6.6yrs
  • Pareshkumar Patel (40yo)

    Non-Executive Independent Director

    • Tenure: 4.8yrs
    • Compensation: ₹8.00k
  • Abhishekkumar Patel (27yo)

    Non-Executive Independent Director

    • Tenure: 4.8yrs
    • Compensation: ₹8.00k
  • Vinodkumar Patel (34yo)

    Non-Executive Independent Director

    • Tenure: 4.8yrs
    • Compensation: ₹8.00k

Company Information

Ambition Mica Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ambition Mica Limited
  • Ticker: 539223
  • Exchange: BSE
  • Founded: 2010
  • Industry: Building Products
  • Sector: Capital Goods
  • Market Cap: ₹104.454m
  • Shares outstanding: 14.92m
  • Website: https://www.ambitionmica.com

Number of Employees


Location

  • Ambition Mica Limited
  • Shivam Arcade
  • 615-619, 6th Floor
  • Ahmedabad
  • Gujarat
  • 382330
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
539223BSE (Mumbai Stock Exchange)YesEquity SharesININRJul 2015

Biography

Ambition Mica Limited manufactures and sells decorative laminates and door skins for interiors and architects in India. It markets its laminates under the Antique, Antique Aurum, Art Lam, Colourcore, Natur ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/15 13:02
End of Day Share Price2019/12/12 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.