MIC Electronics Limited designs, develops, manufactures, and sells LED video displays, and electronic and telecommunication equipment worldwide.
+ 2 more risks
Weak fundamentals or lack of information.
Share Price & News
How has MIC Electronics's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 532850's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 532850 underperformed the Indian Semiconductor industry which returned -51.5% over the past year.
Return vs Market: 532850 underperformed the Indian Market which returned -30.7% over the past year.
Price Volatility Vs. Market
How volatile is MIC Electronics's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is MIC Electronics undervalued compared to its fair value and its price relative to the market?
Share Price vs. Fair Value
Below Fair Value: 532850 (₹0.46) is trading above our estimate of fair value (₹0.15)
Significantly Below Fair Value: 532850 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 532850 is unprofitable, so we can't compare its PE Ratio to the Semiconductor industry average.
PE vs Market: 532850 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 532850's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 532850 has negative assets, so we can't compare its PB Ratio to the IN Semiconductor industry average.
How is MIC Electronics forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Semiconductors 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 MIC Electronics 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.
- Take a look at our analysis of 532850’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- MIC Electronics competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Semiconductors industry.
How has MIC Electronics performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 532850 is currently unprofitable.
Growing Profit Margin: 532850 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 532850 is unprofitable, and losses have increased over the past 5 years at a rate of -21.8% per year.
Accelerating Growth: Unable to compare 532850's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 532850 is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (-4.5%).
Return on Equity
High ROE: 532850's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is MIC Electronics's financial position?
Financial Position Analysis
Short Term Liabilities: 532850 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 532850 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 532850 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 532850's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Inventory Level: 532850 has a high level of physical assets or inventory.
Debt Coverage by Assets: 532850 has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 532850 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 532850 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is MIC Electronics's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 532850's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 532850'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 532850's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 532850's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 532850 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 532850's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Venkata Ramana Maganti (59yo)
Dr. Venkata Ramana Rao Maganti, B.E., M.E.m, Ph.D. has been Managing Director since May 18, 1998. Dr. Maganti serves as the Chief Executive Officer of MIC Electronics Limited and served as its Chairman of ...
CEO Compensation Analysis
Compensation vs Market: Venkata Ramana's total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD47.81K).
Compensation vs Earnings: Venkata Ramana's compensation has increased whilst the company is unprofitable.
|MD & CEO||no data||no data||7.5% ₹7.6m|
|Chief Financial Officer||3.92yrs||no data||1.1% ₹1.1m|
|Company Secretary & Compliance Officer||no data||no data||no data|
|Chief of Business Development & Marketing||15yrs||₹600.00k||no data|
|Senior General Manager of Sales||13.08yrs||no data||no data|
|Chief Manager of Telecom Embedded Software||25yrs||₹890.64k||no data|
|Chief Manager of Customer Support||16yrs||₹230.64k||no data|
|Chief Manager||23.92yrs||₹650.64k||no data|
|Chief Manager of Wireless Communications||no data||₹500.00k||no data|
|Executive Director||0.67yr||no data||no data|
Experienced Management: 532850's management team is seasoned and experienced (15 years average tenure).
|Executive Director||0.67yr||no data||no data|
|Non-executive Director||0.67yr||no data||1.04% ₹1.1m|
|Independent Director||0.67yr||no data||no data|
|Independent Director||0.33yr||no data||no data|
Experienced Board: 532850's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4%.
MIC Electronics Limited's company bio, employee growth, exchange listings and data sources
- Name: MIC Electronics Limited
- Ticker: 532850
- Exchange: BSE
- Founded: 1988
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: ₹101.317m
- Shares outstanding: 220.25m
- Website: https://www.mic.in
Number of Employees
- MIC Electronics Limited
- A-4/II, Electronic Complex
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|532850||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||May 2007|
|MIC||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||May 2007|
MIC Electronics Limited designs, develops, manufactures, and sells LED video displays, and electronic and telecommunication equipment worldwide. The company offers indoor displays, such as indoor video screens and digital posters; outdoor displays, including outdoor video walls, digital billboards, digital posters, ticker displays, and perimeter displays; mobile displays comprising trailer and truck displays; and application-specific displays, such as passenger information displays and infrastructure equipment for digital theme parks. It also provides indoor lighting products comprising area lights, down lights, tube lights, and bulbs; outdoor lighting products, such as street, parking, and industrial lights; solar lighting products, including street and home lighting products; and portable products, such as lanterns, home lights, and angels. In addition, the company offers embedded systems and telecom software. Its indoor/outdoor/mobile LED video displays are used in sports stadiums, transportation hubs, digital theatres and theme parks, advertisements, and public information displays. The company was founded in 1988 and is headquartered in Hyderabad, India. MIC Electronics Limited is in Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code 2016.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/05 12:48|
|End of Day Share Price||2020/04/01 00:00|
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.