MIC Electronics (India) Buy Hold or Sell Recommendation
| MICEL Stock | 84.08 0.74 0.89% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding MIC Electronics Limited is 'Strong Sell'. The recommendation algorithm takes into account all of MIC Electronics' available fundamental, technical, and predictive indicators you will find on this site.
Check out MIC Electronics Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as MIC and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards MIC Electronics Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
MIC |
Execute MIC Electronics Buy or Sell Advice
The MIC recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on MIC Electronics Limited. Macroaxis does not own or have any residual interests in MIC Electronics Limited or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute MIC Electronics' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
MIC Electronics Trading Alerts and Improvement Suggestions
| MIC Electronics had very high historical volatility over the last 90 days | |
| MIC Electronics is unlikely to experience financial distress in the next 2 years | |
| MIC Electronics generates negative cash flow from operations | |
| About 75.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Multibagger Smallcap Stock 175 percent RETURNS YTD MIC Electronics shares rally 5 percent on incorporation of subsidiary - MSN |
MIC Electronics Returns Distribution Density
The distribution of MIC Electronics' historical returns is an attempt to chart the uncertainty of MIC Electronics' future price movements. The chart of the probability distribution of MIC Electronics daily returns describes the distribution of returns around its average expected value. We use MIC Electronics Limited price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of MIC Electronics returns is essential to provide solid investment advice for MIC Electronics.
| Mean Return | 0.17 | Value At Risk | -5 | Potential Upside | 5.00 | Standard Deviation | 3.21 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of MIC Electronics historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
MIC Electronics Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 3.5M | 476.4M | (59.8M) | (78.9M) | 3.3M | 3.5M | |
| Change In Cash | (69.7K) | 513.9K | 395K | 2.3M | 5.2M | 5.5M | |
| Free Cash Flow | 6.6M | (1.5B) | (658.6M) | (87.1M) | (97.4M) | (102.3M) | |
| Depreciation | 75.3M | 68.2M | 29.1M | 23.7M | 15.4M | 14.6M | |
| Other Non Cash Items | 5.6M | 21.3M | (67.2M) | 7M | 8.2M | 8.6M | |
| Net Income | (239.5M) | (54.2M) | 29.6M | 2.5M | 618.4M | 649.3M | |
| End Period Cash Flow | 526.2K | 1.0M | 1.4M | 3.7M | 8.9M | 8.5M | |
| Investments | (6.3M) | 2.3M | (86.1M) | (49.7M) | 155.3M | 163.0M | |
| Change To Netincome | 5.6M | 21.3M | (67.2M) | 7.5M | 6.7M | 7.1M |
MIC Electronics Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to MIC Electronics or Electronic Equipment, Instruments & Components sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that MIC Electronics' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a MIC stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.18 | |
β | Beta against Dow Jones | -0.13 | |
σ | Overall volatility | 3.21 | |
Ir | Information ratio | 0.01 |
MIC Electronics Volatility Alert
MIC Electronics Limited currently demonstrates below-average downside deviation. It has Information Ratio of 0.01 and Jensen Alpha of 0.18. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure MIC Electronics' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact MIC Electronics' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.MIC Electronics Fundamentals Vs Peers
Comparing MIC Electronics' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze MIC Electronics' direct or indirect competition across all of the common fundamentals between MIC Electronics and the related equities. This way, we can detect undervalued stocks with similar characteristics as MIC Electronics or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of MIC Electronics' fundamental indicators could also be used in its relative valuation, which is a method of valuing MIC Electronics by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare MIC Electronics to competition |
| Fundamentals | MIC Electronics | Peer Average |
| Return On Equity | 0.67 | -0.31 |
| Return On Asset | 0.06 | -0.14 |
| Profit Margin | 1.07 % | (1.27) % |
| Operating Margin | 0.21 % | (5.51) % |
| Current Valuation | 20.4 B | 16.62 B |
| Shares Outstanding | 241.01 M | 571.82 M |
| Shares Owned By Insiders | 74.75 % | 10.09 % |
| Shares Owned By Institutions | 1.80 % | 39.21 % |
| Price To Book | 9.30 X | 9.51 X |
| Price To Sales | 34.46 X | 11.42 X |
| Revenue | 545.75 M | 9.43 B |
| Gross Profit | 98.1 M | 27.38 B |
| EBITDA | 209.15 M | 3.9 B |
| Net Income | 618.39 M | 570.98 M |
| Total Debt | 116.54 M | 5.32 B |
| Book Value Per Share | 5.51 X | 1.93 K |
| Cash Flow From Operations | (97.42 M) | 971.22 M |
| Earnings Per Share | 2.51 X | 3.12 X |
| Number Of Employees | 82 | 18.84 K |
| Beta | 2.11 | -0.15 |
| Market Capitalization | 20.09 B | 19.03 B |
| Total Asset | 1.41 B | 29.47 B |
| Retained Earnings | (3.69 B) | 9.33 B |
| Working Capital | 426.65 M | 1.48 B |
| Net Asset | 1.41 B |
MIC Electronics Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as MIC . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About MIC Electronics Buy or Sell Advice
When is the right time to buy or sell MIC Electronics Limited? Buying financial instruments such as MIC Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
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Other Information on Investing in MIC Stock
MIC Electronics financial ratios help investors to determine whether MIC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in MIC with respect to the benefits of owning MIC Electronics security.