North Eastern (India) Buy Hold or Sell Recommendation

NECCLTD -- India Stock  

INR 10.25  0.75  6.82%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding North Eastern Carrying Corporation Limited is 'Strong Sell'. Macroaxis provides North Eastern buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NECCLTD positions. The advice algorithm takes into account all of North Eastern Carrying available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from NECCLTD buy-and-hold prospective. Please see also North Eastern Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell North EasternBuy North Eastern
Strong Sell

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Not Available
For the selected time horizon North Eastern Carrying Corporation Limited has a mean deviation of 1.11, semi deviation of 0.0, standard deviation of 1.76, variance of 3.11, downside variance of 0.0 and semi variance of 0.0
This buy, hold, or sell recommendation tool can be used to cross verify current analyst consensus on North Eastern Carrying Corporation Limited and to analyze the entity potential to grow in the current economic cycle. To make sure North Eastern Carrying is not overpriced, please verify all North Eastern Carrying Corporation Limited fundamentals including its Debt to Equity, and the relationship between Net Income and Beta .

North Eastern Returns Distribution Density

Mean Return0.75Value At Risk3.43
Potential Upside1.30Standard Deviation1.76
 Return Density 
      Distribution 

North Eastern Greeks

α
Alpha over DOW
=0.53
β
Beta against DOW=1.4
σ
Overall volatility
=1.88
Ir
Information ratio =0.53

North Eastern Volatility Alert

North Eastern Carrying Corporation Limited exhibits very low volatility with skewness of -1.98 and kurtosis of 6.26. However, we advise investors to further study North Eastern Carrying Corporation Limited technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare North Eastern to competition

North Eastern Fundamental Vs Peers

FundamentalsNorth EasternPeer Average
Return On Equity5.64 % (15.17) %
Return On Asset5.48 % (15.64) %
Profit Margin0.88 % (5.50) %
Operating Margin3.00 % (10.91) %
Current Valuation1.25 B152.14 B
Shares Outstanding47.09 M1.43 B
Price to Earning14.11 times40.69 times
Price to Book0.77 times14.44 times
Price to Sales0.13 times17.81 times
Revenue5.03 B9.85 B
Gross Profit332.64 M21.75 B
EBITDA176.3 M1.41 B
Net Income44.33 M517.71 M
Cash and Equivalents60.29 M3.89 B
Cash per Share1.19 times5.17 times
Total Debt653.76 M7.36 B
Debt to Equity80.40 % 0.72 %
Current Ratio1.86 times3.30 times
Book Value Per Share16.01 times13.64 times
Earnings Per Share0.88 times2.30 times
Beta0.550.34
Market Capitalization630.68 M29.78 B
Total Asset1.84 B126.86 B
Working Capital570 M3.58 B
Current Asset1.59 B36.8 B
Current Liabilities1.02 B33.34 B
Z Score2.0708.73

North Eastern Alerts

Trading Alerts and Improvement Suggestions

North Eastern generates negative expected return over the last 30 days
North Eastern has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
Latest headline from www.streetinsider.com: Form 10-Q Destination Maternity For Aug 04
Please see also North Eastern Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool. Please also try Balance Of Power module to check stock momentum by analyzing balance of power indicator and other technical ratios.
Search macroaxis.com