M.V.K. Agro Food Product Past Earnings Performance
Past criteria checks 1/6
M.V.K. Agro Food Product has been growing earnings at an average annual rate of 18%, while the Food industry saw earnings growing at 17% annually. Revenues have been declining at an average rate of 28.6% per year. M.V.K. Agro Food Product's return on equity is 28.2%, and it has net margins of 4%.
Key information
18.0%
Earnings growth rate
18.0%
EPS growth rate
| Food Industry Growth | 17.6% |
| Revenue growth rate | -28.6% |
| Return on equity | 28.2% |
| Net Margin | 4.0% |
| Last Earnings Update | 31 Mar 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How M.V.K. Agro Food Product makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 23 | 933 | 38 | 66 | 0 |
| 31 Mar 22 | 1,307 | 32 | 52 | 0 |
| 31 Mar 21 | 228 | 14 | 24 | 0 |
Quality Earnings: MVKAGRO has a high level of non-cash earnings.
Growing Profit Margin: MVKAGRO's current net profit margins (4%) are higher than last year (2.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if MVKAGRO's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare MVKAGRO's past year earnings growth to its 5-year average.
Earnings vs Industry: MVKAGRO earnings growth over the past year (18%) did not outperform the Food industry 26%.
Return on Equity
High ROE: Whilst MVKAGRO's Return on Equity (28.22%) is high, this metric is skewed due to their high level of debt.