MIC Electronics (India) Performance
| MICEL Stock | 83.14 2.91 3.38% |
MIC Electronics has a performance score of 3 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of -0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning MIC Electronics are expected to decrease at a much lower rate. During the bear market, MIC Electronics is likely to outperform the market. MIC Electronics now owns a risk of 3.27%. Please verify MIC Electronics Limited downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to decide if MIC Electronics Limited will be following its current price history.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in MIC Electronics Limited are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating fundamental indicators, MIC Electronics may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
Last Split Factor 1:4 | Ex Dividend Date 2009-12-23 | Last Split Date 2021-06-24 |
1 | Mic Electronics Share Price Today Down 5 percent - Equitymaster | 09/20/2024 |
2 | Multibagger Smallcap Stock 175 percent RETURNS YTD MIC Electronics shares rally 5 percent on incorporation of subsidiary - MSN | 11/20/2024 |
| Begin Period Cash Flow | 3.3 M |
MIC |
MIC Electronics Relative Risk vs. Return Landscape
If you would invest 7,774 in MIC Electronics Limited on August 24, 2024 and sell it today you would earn a total of 540.00 from holding MIC Electronics Limited or generate 6.95% return on investment over 90 days. MIC Electronics Limited is generating 0.1591% of daily returns and assumes 3.273% volatility on return distribution over the 90 days horizon. Simply put, 29% of stocks are less volatile than MIC, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
MIC Electronics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MIC Electronics' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as MIC Electronics Limited, and traders can use it to determine the average amount a MIC Electronics' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0486
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | MICEL | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.27 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average MIC Electronics is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of MIC Electronics by adding it to a well-diversified portfolio.
MIC Electronics Fundamentals Growth
MIC Stock prices reflect investors' perceptions of the future prospects and financial health of MIC Electronics, and MIC Electronics fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on MIC Stock performance.
| Return On Equity | 0.67 | ||||
| Return On Asset | 0.06 | ||||
| Profit Margin | 1.07 % | ||||
| Operating Margin | 0.21 % | ||||
| Current Valuation | 20.38 B | ||||
| Shares Outstanding | 241.01 M | ||||
| Price To Book | 9.28 X | ||||
| Price To Sales | 34.59 X | ||||
| Revenue | 545.75 M | ||||
| Gross Profit | 98.1 M | ||||
| EBITDA | 209.15 M | ||||
| Net Income | 618.39 M | ||||
| Total Debt | 116.54 M | ||||
| Book Value Per Share | 5.51 X | ||||
| Cash Flow From Operations | (97.42 M) | ||||
| Earnings Per Share | 2.51 X | ||||
| Total Asset | 1.41 B | ||||
| Retained Earnings | (3.69 B) | ||||
About MIC Electronics Performance
By examining MIC Electronics' fundamental ratios, stakeholders can obtain critical insights into MIC Electronics' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that MIC Electronics is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
MIC Electronics is entity of India. It is traded as Stock on NSE exchange.Things to note about MIC Electronics performance evaluation
Checking the ongoing alerts about MIC Electronics for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for MIC Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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 |
- Analyzing MIC Electronics' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether MIC Electronics' stock is overvalued or undervalued compared to its peers.
- Examining MIC Electronics' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating MIC Electronics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of MIC Electronics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of MIC Electronics' stock. These opinions can provide insight into MIC Electronics' potential for growth and whether the stock is currently undervalued or overvalued.
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.