The cash conversion cycle of the company is 345 days (although it is decreasing YoY but it is still high compared to other pharma companies that I skimmed through). At the same time its CFO has increased to over 1200 crores (roughly 50% more than last year). I am a bit confused about the company because of the aforesaid. Would you be having a logical explanation behind this? With such a high number for the working capital days, how are the cash flows increasing?
Posts tagged Value Pickr
INOX Wind (04-07-2024)
There is an arbitrage of around 33% at Cmp between Inox wind and Iwel. Wondering why would someone buy Inox wind at cmp rather than Iwel. Is it market thinks that merger might not go through Or its a futuristic event and hence not certain which is leading retail, institutions to still buy Inox wind and NOT Iwel
Indian Defense Sector (04-07-2024)
- I have given you data.Factually incorrect to look at capex.Gross fixed capital formation is more accurate than budget capex. Please do some simple search.
- I guess you didn’t even bother to read the link.Its not about following brokerage recommendations, but understanding valuation range of cos. Paying 20x sales is obnoxious.
Discussion is not about public vs private, or Party A vs Party B. When people own a stock, they suffer from endowment bias and fail to analyse their investment rationally. A rising boat lifts all stocks and every bull market has a theme. Valuations get stretched beyond fundamentals in bull markets.
Quick Heal Technologies (04-07-2024)
Strategic partnership
Seqrite, the enterprise arm of Quick Heal Technologies Limited, a leading cybersecurity provider in India with global operations, today announced a strategic partnership with M. Tech Solutions (India) Pvt Ltd., appointing them as its Value-Added Distributor (VAD) for the Indian market. This collaboration aims to significantly expand Seqrite’s presence in India and solidify its position further in the crucial Enterprise and Government segments.
Consortium Member of the U.S. Artificial Intelligence
Quick Heal Technologies Ltd., a global provider of cybersecurity solutions, proudly announces its membership in the U.S. Artificial Intelligence Safety Institute Consortium (AISIC). The US AISIC is a pivotal initiative dedicated to advancing AI safety and trustworthiness. Quick Heal is the only cybersecurity-focused firm from India to achieve this milestone, marking a significant moment in the country’s cybersecurity ecosystem’s maturity.
EET Partners with Quick Heal
EET Group, a leading distributor of IT and technology solutions in Europe, is excited to announce a strategic partnership with Quick Heal Technologies Ltd., a global cybersecurity solutions provider. This collaboration positions EET as the preferred distributor for Quick Heal’s comprehensive suite of cybersecurity products in Europe.
Milestone
Quick Heal Technologies Ltd., a leading global cybersecurity solutions provider, today announced that its flagship product, Quick Heal Total Security, has been awarded two prestigious recognitions from the AVLab Cybersecurity Foundation, an independent organization dedicated to protecting privacy and security on the internet. In the AVLab’s intensive Advanced In-The-Wild Malware Test for 2023, Quick Heal Total Security achieved an exceptional 100% detection and remediation rate against 1,472 live malware samples.
Smallcap momentum portfolio (04-07-2024)
@visuarchie : Sir, any changes required if we want to implement this to NIFTY 200 universe. Since it consist of Large and mid caps, so volatility would be less automatically and in this strategy (if i have understood correctly) we are suppressing volatility while ranking.
Another question : Do you think its wise decision to start with large caps or may be mid caps, since small caps have runup a lot ?
My portfolio updates and investment journey (04-07-2024)
My calculations are quite similar to yours, however I differ in the PE ratio assigned. I believe company will have having more than 50% ROE as they don’t have to spend much on the renewals and with the profits growing exponentially, market will factor in the profits of 2030 much before (may be before we see the last rate cut from the Fed) and then there will be a consolidation.
Mazagon Dock: aptly called “Ship Builder to the Nation” (04-07-2024)
With Navratna, they would definitely get some freedom in decision making…
However, 16% rise is nothing to do with navratna status. lt came in news 10 days back which I had posted - link below
may be some investors or HNI’s or MF all of a sudden discovered that it trades much cheaper than other two, so may be heavy buying took place.
Nifty PE crosses 24|A statistically informed entry-exit model! (04-07-2024)
Historical P/E Ratio Trends
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December 2019**: Just before the COVID-19 pandemic, the Nifty 50 P/E ratio was at 28.
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May 2019**: The Nifty 50 reached its peak P/E ratio of 29.7.
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Last 10 Years**: Historically, the Nifty 50 has seen peak P/E ratios around 29 and troughs typically around 21-22.
*Current P/E Ratio
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Current P/E Ratio**: As of today, the Nifty 50 P/E ratio is 23.
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Current Nifty 50 Level: The index is trading at 24,380.
Given the current P/E of 23, the Nifty 50 appears to be trading below its historical peak P/E ratios. This suggests that there could be potential for further upward movement in the index, possibly up to around the 30,700 level (24,380 * 1.26), as it approaches historical peak valuations. However, it’s important for investors to consider other factors such as market conditions, economic indicators, and company earnings before making investment decisions.
Ugro Capital – Opportunity To Invest in a Fintech-like Company Below Book Value (04-07-2024)
I have recently started looking at the company after quite a few mentions by my friend. I am making a very generic statement which I told him as well when he said, “I dont understand why stock is a rangebound”.
The way I look at it is, given interests rates have been high for last 1.5 years, SBFC would feel the pinch max. Larger banks would cut into markets of NBFC and SBFCs as the rates are high and they can if they have to take some hit on credit quality. So the good parameter would be how fast UGRO lending book is growing specially in last 1-1.5 years.
Happy to stand corrected if I am missing any major point.