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Mystic Electronics

BSE:535205
Snowflake Description

Flawless balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
535205
BSE
₹136M
Market Cap
  1. Home
  2. IN
  3. Tech
Company description

Mystic Electronics Limited trades in computer hardware and other electronic products in India. The last earnings update was 4 days ago. More info.


Add to Portfolio Compare Print
  • Mystic Electronics has significant price volatility in the past 3 months.
535205 Share Price and Events
7 Day Returns
-18.4%
BSE:535205
1.3%
IN Electronic
-2.4%
IN Market
1 Year Returns
-
BSE:535205
-14.1%
IN Electronic
-9%
IN Market
535205 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Mystic Electronics (535205) -18.4% -46.8% -72.1% - - -97.9%
IN Electronic 1.3% -3.1% -3.9% -14.1% 53.1% 141.1%
IN Market -2.4% -4.1% -4% -9% 41.6% 79.8%
1 Year Return vs Industry and Market
  • No trading data on 535205.
  • No trading data on 535205.
Price Volatility
535205
Industry
5yr Volatility vs Market

535205 Value

 Is Mystic Electronics undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Mystic Electronics to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Mystic Electronics.

BSE:535205 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 13.5%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:535205
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 7.5%
Electronic Unlevered Beta Simply Wall St/ S&P Global 0.49
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.486 (1 + (1- 35%) (0%))
0.486
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.8 * 7.45%)
13.51%

Discounted Cash Flow Calculation for BSE:535205 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Mystic Electronics is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

BSE:535205 DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (INR, Millions) 78.75 63.79 52.31 43.41 36.47
Source Est @ -20%, capped from -42.3% Est @ -19%, capped from -42.3% Est @ -18%, capped from -42.3% Est @ -17%, capped from -42.3% Est @ -16%, capped from -42.3%
Present Value
Discounted (@ 13.51%)
69.38 49.51 35.76 26.15 19.35
Present value of next 5 years cash flows ₹200.15
BSE:535205 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= ₹36.47 × (1 + 7.55%) ÷ (13.51% – 7.55%)
₹658.08
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= ₹658.08 ÷ (1 + 13.51%)5
₹349.23
BSE:535205 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= ₹200.15 + ₹349.23
₹549.38
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹549.38 / 19.77
₹27.79
BSE:535205 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹27.79
Current discount Discount to share price of ₹6.86
= -1 x (₹6.86 - ₹27.79) / ₹27.79
75.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Mystic Electronics is available for.
Intrinsic value
>50%
Share price is ₹6.86 vs Future cash flow value of ₹27.79
Current Discount Checks
For Mystic Electronics to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Mystic Electronics's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Mystic Electronics's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Mystic Electronics's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Mystic Electronics's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:535205 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹-1.77
BSE:535205 Share Price ** BSE (2019-02-15) in INR ₹6.86
India Electronic Industry PE Ratio Median Figure of 23 Publicly-Listed Electronic Companies 19.88x
India Market PE Ratio Median Figure of 2,718 Publicly-Listed Companies 15.15x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Mystic Electronics.

BSE:535205 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:535205 Share Price ÷ EPS (both in INR)

= 6.86 ÷ -1.77

-3.88x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Mystic Electronics is loss making, we can't compare its value to the IN Electronic industry average.
  • Mystic Electronics is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does Mystic Electronics's expected growth come at a high price?
Raw Data
BSE:535205 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.88x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Electronic Industry PEG Ratio Median Figure of 23 Publicly-Listed Electronic Companies 0.79x
India Market PEG Ratio Median Figure of 606 Publicly-Listed Companies 1.1x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Mystic Electronics, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Mystic Electronics's assets?
Raw Data
BSE:535205 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹22.71
BSE:535205 Share Price * BSE (2019-02-15) in INR ₹6.86
India Electronic Industry PB Ratio Median Figure of 45 Publicly-Listed Electronic Companies 0.85x
India Market PB Ratio Median Figure of 3,587 Publicly-Listed Companies 1.04x
BSE:535205 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:535205 Share Price ÷ Book Value per Share (both in INR)

= 6.86 ÷ 22.71

0.3x

* Primary Listing of Mystic Electronics.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Mystic Electronics is good value based on assets compared to the IN Electronic industry average.
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Value checks
We assess Mystic Electronics's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. Mystic Electronics has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

535205 Future Performance

 How is Mystic Electronics expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Mystic 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
3.5%
Expected Electronic industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Mystic Electronics expected to grow at an attractive rate?
  • Unable to compare Mystic Electronics's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Mystic Electronics's earnings growth to the India market average as no estimate data is available.
  • Unable to compare Mystic Electronics's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:535205 Future Growth Rates Data Sources
Data Point Source Value (per year)
India Electronic Industry Earnings Growth Rate Market Cap Weighted Average 3.5%
Asia Electronic Industry Revenue Growth Rate Market Cap Weighted Average 13.8%
India Market Earnings Growth Rate Market Cap Weighted Average 18.5%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:535205 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:535205 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 2 -38
2018-09-30 2 -38
2018-06-30 2 -38
2018-03-31 5 230 -39
2017-12-31 8 -21
2017-09-30 5 -21
2017-06-30 8 -23
2017-03-31 34 -16 -20
2016-12-31 97 4
2016-09-30 154 5
2016-06-30 196 7
2016-03-31 161 1 6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Mystic Electronics is high growth as no earnings estimate data is available.
  • Unable to determine if Mystic Electronics is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:535205 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Mystic Electronics Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:535205 Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 -1.77
2018-09-30 -2.17
2018-06-30
2018-03-31 -1.96
2017-12-31 -0.97
2017-09-30
2017-06-30
2017-03-31 -1.01
2016-12-31 0.30
2016-09-30 0.23
2016-06-30 0.32
2016-03-31 0.29

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Mystic Electronics will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Mystic Electronics is trading at Mystic Electronics'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Mystic Electronics's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Tech companies here
  3. Mystic Electronics's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
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Future performance checks
We assess Mystic Electronics's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Mystic Electronics has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

535205 Past Performance

  How has Mystic Electronics performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Mystic Electronics's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Mystic Electronics does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Mystic Electronics's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Mystic Electronics's 1-year growth to the IN Electronic industry average as it is not currently profitable.
Earnings and Revenue History
Mystic Electronics's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Mystic Electronics Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:535205 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 2.32 -38.43 2.14
2018-09-30 2.32 -38.23 2.01
2018-06-30 2.32 -38.33 2.05
2018-03-31 5.03 -38.78 2.31
2017-12-31 8.09 -20.96 3.72
2017-09-30 4.86 -20.84 4.40
2017-06-30 8.09 -22.60 3.06
2017-03-31 34.03 -20.05 6.36
2016-12-31 97.07 3.79 8.44
2016-09-30 153.73 4.66 9.29
2016-06-30 196.09 6.95 7.55
2016-03-31 160.82 5.73 8.62
2015-12-31 93.86 5.75 6.68
2015-09-30 36.54 4.90 5.43
2015-06-30 10.25 5.59 2.03
2015-03-31 4.13 6.00 2.72
2014-12-31 4.93 4.60 2.58
2014-09-30 4.93 4.61 2.25
2014-06-30 0.80 3.44 1.45
2014-03-31 234.44 2.17 2.16
2013-12-31 340.86 1.72 2.79
2013-03-31 689.19 0.34 3.02

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Mystic Electronics has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Mystic Electronics has efficiently used its assets last year compared to the IN Electronic industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Mystic Electronics improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Mystic Electronics's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Mystic Electronics has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

535205 Health

 How is Mystic Electronics's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Mystic Electronics's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Mystic Electronics is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Mystic Electronics's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Mystic Electronics's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Mystic Electronics has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Mystic Electronics Company Filings, last reported 1 month ago.

BSE:535205 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 388.37 0.00 0.79
2018-09-30 388.37 0.00 0.79
2018-06-30 399.48 0.00 74.88
2018-03-31 399.48 0.00 0.87
2017-12-31 471.24 0.00 4.67
2017-09-30 471.24 0.00 4.67
2017-06-30 471.22 0.00 0.61
2017-03-31 474.67 1.19 0.61
2016-12-31 492.09 9.33 8.08
2016-09-30 492.09 9.33 8.08
2016-06-30 491.27 1.55 17.71
2016-03-31 491.27 1.54 17.71
2015-12-31 487.43 0.00 6.64
2015-09-30 487.43 0.00 6.64
2015-06-30 485.54 0.00 4.04
2015-03-31 485.54 0.00 4.04
2014-12-31 417.13 0.00 3.38
2014-09-30 417.13 0.00 3.38
2014-06-30 339.43 0.00 33.51
2014-03-31 339.43 0.00 33.51
2013-12-31 337.82 0.00 47.99
2013-03-31 106.51 0.00 0.59
  • Mystic Electronics has no debt.
  • Mystic Electronics had no debt 5 years ago.
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.

  • Whilst loss making Mystic Electronics has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Mystic Electronics has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -138.6% per year.
X
Financial health checks
We assess Mystic Electronics's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Mystic Electronics has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

535205 Dividends

 What is Mystic Electronics's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Mystic Electronics dividends.
If you bought ₹2,000 of Mystic Electronics shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Mystic Electronics's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Mystic Electronics's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:535205 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Electronic Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 0.6%
India Market Average Dividend Yield Market Cap Weighted Average of 1397 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Mystic Electronics has not reported any payouts.
  • Unable to verify if Mystic Electronics's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Mystic Electronics's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Mystic Electronics has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Mystic Electronics's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Mystic Electronics afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Mystic Electronics has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

535205 Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mohit Khadaria
AGE 32
TENURE AS CEO 1.2 years
CEO Bio

Mr. Mohit Khadaria has been Managing Director and Executive Director of Mukta Agriculture Ltd and Mystic Electronics Ltd since December 14, 2017. Mr. Khadaria was Compliance Officer and Company Secretary of Mukta Agriculture Ltd since August 3, 2018. He served as an Executive Director of of Nouveau Global Ventures Ltd. (formerly Nouveau Multimedia Ltd) until December 14, 2017.

CEO Compensation
  • Insufficient data for Mohit to compare compensation growth.
  • Insufficient data for Mohit to establish whether their remuneration is reasonable compared to companies of similar size in India.
Management Team

Mohit Khadaria

TITLE
MD & Executive Director
AGE
32
TENURE
1.2 yrs

Rajesh Agarwal

TITLE
Chief Financial Officer
TENURE
4.4 yrs

Manisha Swami

TITLE
Company Secretary & Compliance Officer
Board of Directors Tenure

Average tenure and age of the Mystic Electronics board of directors in years:

1.2
Average Tenure
50
Average Age
  • The average tenure for the Mystic Electronics board of directors is less than 3 years, this suggests a new board.
Board of Directors

Tarun Keram

TITLE
Non-Executive Independent Director
AGE
39
TENURE
5.2 yrs

Mohit Khadaria

TITLE
MD & Executive Director
AGE
32
TENURE
1.2 yrs

Manoj Bhatia

TITLE
Non-Executive Independent Director
AGE
50
TENURE
7.5 yrs

Krishan Khadaria

TITLE
Non-Executive Director
AGE
57
TENURE
7.5 yrs

Asha Khadaria

TITLE
Non Executive Director
AGE
54
TENURE
1.2 yrs

Harpreet Kohli

TITLE
Additional Independent Director
AGE
51
TENURE
0.8 yrs

Niraali Thingalaya

TITLE
Non-Executive Independent Director
AGE
40
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Mystic Electronics's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Mystic Electronics has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

535205 News

Simply Wall St News

535205 Company Info

Map
Description

Mystic Electronics Limited trades in computer hardware and other electronic products in India. The company was formerly known as Pearl Electronics Limited and changed its name to Mystic Electronics Limited in March 2016. Mystic Electronics Limited was founded in 2011 and is based in Mumbai, India.

Details
Name: Mystic Electronics Limited
535205
Exchange: BSE
Founded: 2011
₹135,596,461
19,766,248
Website: http://www.mystic-electronics.com
Address: Mystic Electronics Limited
401/A, Pearl Arcade,
Opposite P. K. Jewellers, Dawood Baug Lane,
Mumbai,
Maharashtra, 400058,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 535205 Equity Shares Mumbai Stock Exchange IN INR 18. Mar 2013
Number of employees
Current staff
Staff numbers
3
Mystic Electronics employees.
Industry
Technology Distributors
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/18 13:00
End of day share price update: 2019/02/15 00:00
Last earnings filing: 2019/02/14
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.