MIRC Electronics (India) Buy Hold or Sell Recommendation
| MIRCELECTR | 15.30 0.31 2.07% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding MIRC Electronics Limited is 'Strong Sell'. Macroaxis provides MIRC Electronics buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MIRCELECTR positions.
Check out MIRC 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. Note, we conduct extensive research on individual companies such as MIRC and provide practical buy, sell, or hold advice based on investors' constraints. MIRC 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 income.
MIRC |
Execute MIRC Electronics Buy or Sell Advice
The MIRC recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on MIRC Electronics Limited. Macroaxis does not own or have any residual interests in MIRC Electronics Limited or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute MIRC Electronics' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
MIRC Electronics Trading Alerts and Improvement Suggestions
| MIRC Electronics generated a negative expected return over the last 90 days | |
| MIRC Electronics has high historical volatility and very poor performance | |
| The company reported the revenue of 9.67 B. Net Loss for the year was (622.08 M) with profit before overhead, payroll, taxes, and interest of 943.1 M. | |
| MIRC Electronics generates negative cash flow from operations | |
| About 54.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Benign Growth For MIRC Electronics Limited Underpins Stocks 28 percent Plummet - Simply Wall St |
MIRC Electronics Returns Distribution Density
The distribution of MIRC Electronics' historical returns is an attempt to chart the uncertainty of MIRC Electronics' future price movements. The chart of the probability distribution of MIRC Electronics daily returns describes the distribution of returns around its average expected value. We use MIRC Electronics Limited price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of MIRC Electronics returns is essential to provide solid investment advice for MIRC Electronics.
| Mean Return | -0.3 | Value At Risk | -6.23 | Potential Upside | 4.76 | Standard Deviation | 3.68 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of MIRC 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.
MIRC Electronics Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | (266.4M) | (885.8M) | 1.5B | 241.3M | 277.5M | 291.4M | |
| Change In Cash | 72.4M | (24.9M) | (17.7M) | 12.5M | 14.3M | 15.0M | |
| Free Cash Flow | 95.0M | 155.1M | (92.4M) | (69.6M) | (62.7M) | (59.5M) | |
| Depreciation | 66.9M | 77.7M | 90.4M | 79.8M | 71.8M | 117.9M | |
| Other Non Cash Items | 72.4M | 308.1M | 84.2M | 194.5M | 223.7M | 215.2M | |
| Capital Expenditures | 58.0M | 89.8M | 4.8M | 24.2M | 21.8M | 20.7M | |
| Net Income | 18.9M | (200.7M) | (124.7M) | (622.1M) | (559.9M) | (531.9M) | |
| End Period Cash Flow | 81.3M | 56.4M | 38.7M | 51.1M | 46.0M | 43.7M | |
| Investments | (161.9M) | 94.6M | 75M | (22.1M) | (25.4M) | (26.7M) | |
| Net Borrowings | 96.7M | 63.8M | (176.5M) | 102.7M | 118.1M | 124.0M | |
| Change To Netincome | 136.4M | 72.4M | 308.1M | 84.7M | 76.2M | 72.4M |
MIRC 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 MIRC Electronics or Household Durables 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 MIRC 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 MIRC 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 | -0.31 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 3.71 | |
Ir | Information ratio | -0.09 |
MIRC Electronics Volatility Alert
MIRC Electronics Limited exhibits very low volatility with skewness of 0.2 and kurtosis of -0.18. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure MIRC 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 MIRC 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.MIRC Electronics Fundamentals Vs Peers
Comparing MIRC 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 MIRC Electronics' direct or indirect competition across all of the common fundamentals between MIRC Electronics and the related equities. This way, we can detect undervalued stocks with similar characteristics as MIRC Electronics or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of MIRC Electronics' fundamental indicators could also be used in its relative valuation, which is a method of valuing MIRC Electronics by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare MIRC Electronics to competition |
| Fundamentals | MIRC Electronics | Peer Average |
| Return On Equity | -0.31 | -0.31 |
| Return On Asset | -0.037 | -0.14 |
| Profit Margin | (0.06) % | (1.27) % |
| Operating Margin | (0.02) % | (5.51) % |
| Current Valuation | 4.47 B | 16.62 B |
| Shares Outstanding | 230.95 M | 571.82 M |
| Shares Owned By Insiders | 54.44 % | 10.09 % |
| Price To Book | 2.65 X | 9.51 X |
| Price To Sales | 0.42 X | 11.42 X |
| Revenue | 9.67 B | 9.43 B |
| Gross Profit | 943.1 M | 27.38 B |
| EBITDA | (391.79 M) | 3.9 B |
| Net Income | (622.08 M) | 570.98 M |
| Total Debt | 1.04 B | 5.32 B |
| Book Value Per Share | 5.80 X | 1.93 K |
| Cash Flow From Operations | (45.5 M) | 971.22 M |
| Earnings Per Share | (2.36) X | 3.12 X |
| Number Of Employees | 484 | 18.84 K |
| Beta | 1.18 | -0.15 |
| Market Capitalization | 3.55 B | 19.03 B |
| Total Asset | 5.7 B | 29.47 B |
| Retained Earnings | (1.23 B) | 9.33 B |
| Working Capital | 183.4 M | 1.48 B |
| Net Asset | 5.7 B |
MIRC Electronics Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as MIRC . 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 MIRC Electronics Buy or Sell Advice
When is the right time to buy or sell MIRC Electronics Limited? Buying financial instruments such as MIRC 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.
Please read more on our stock advisor page.
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Communication Services
Companies that provide networking, telecom, and long distance services. The Communication Services theme has 47 constituents at this time.
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Other Information on Investing in MIRC Stock
MIRC Electronics financial ratios help investors to determine whether MIRC 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 MIRC with respect to the benefits of owning MIRC Electronics security.