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Mathew Easow Research Securities Limited (511688) Press Release Analysis

Corporate Events

Neutral

Mathew Easow Research Securities Limited to Rep...

2022-11-05 08:03:00

Mathew Easow Research Securities Limited announced that they will report Q2, 2023 results on Nov 14, 2022

Neutral

Mathew Easow Research Securities Limited, Board...

2022-11-05 08:03:00

Mathew Easow Research Securities Limited, Board Meeting, Nov 14, 2022. Agenda: To consider and approve the Un audited Financial Results of the...

Neutral

Mathew Easow Research Securities Limited, Annua...

2022-08-13 09:18:00

Mathew Easow Research Securities Limited, Annual General Meeting, Sep 13, 2022, at 12:30 Indian Standard Time. Agenda: To adopt of the Audited...

Neutral

Mathew Easow Research Securities Limited - Shar...

2022-08-13 09:18:00

AGM

Negative

Mathew Easow Research Securities Limited Announ...

2022-08-02 07:36:00

Mathew Easow Research Securities Limited announced that Mr. Nirmal, Independent Director has resigned from the Board of Directors effective 2 ...

Neutral

Mathew Easow Research Securities Limited to Rep...

2022-08-01 08:18:00

Mathew Easow Research Securities Limited announced that they will report Q1, 2023 results on Aug 13, 2022

Neutral

Mathew Easow Research Securities Limited, Board...

2022-08-01 08:18:00

Mathew Easow Research Securities Limited, Board Meeting, Aug 13, 2022. Agenda: To consider the earnings results for the quarter ended June 30, 2022.

Neutral

Mathew Easow Research Securities Limited, Board...

2022-05-18 09:42:00

Mathew Easow Research Securities Limited, Board Meeting, May 28, 2022. Agenda: To consider and approve the audited financial results of the co...

Neutral

Mathew Easow Research Securities Limited to Rep...

2022-05-18 09:42:00

Mathew Easow Research Securities Limited announced that they will report Q4, 2022 results on May 28, 2022

Neutral

Mathew Easow Research Securities Limited to Rep...

2022-02-02 09:51:00

Mathew Easow Research Securities Limited announced that they will report Q3, 2022 results on Feb 12, 2022

Neutral

Mathew Easow Research Securities Limited, Board...

2022-02-02 09:51:00

Mathew Easow Research Securities Limited, Board Meeting, Feb 12, 2022. Agenda: To consider and approve the Unaudited Financial Results of the ...

Neutral

Mathew Easow Research Securities Limited to Report Q2, 2023 Results on Nov 14, 2022

2022-11-05 08:03:00

Mathew Easow Research Securities Limited announced that they will report Q2, 2023 results on Nov 14, 2022

Neutral

Mathew Easow Research Securities Limited, Board Meeting, Nov 14, 2022

2022-11-05 08:03:00

Mathew Easow Research Securities Limited, Board Meeting, Nov 14, 2022. Agenda: To consider and approve the Un audited Financial Results of the Company for the quarter and half year ended 30th September, 2022.

Neutral

Mathew Easow Research Securities Limited, Annual General Meeting, Sep 13, 2022

2022-08-13 09:18:00

Mathew Easow Research Securities Limited, Annual General Meeting, Sep 13, 2022, at 12:30 Indian Standard Time. Agenda: To adopt of the Audited Financial Statements of the Company for the financial year ended 31 March 2022 and reports of the Board of Directors and the Auditors' Report thereon (Ordinary Resolution); to appoint of Mrs. Pritha Sinha Pandey (DIN - 070 16238), liable to retire by rotation and being eligible offer herself for re-appointment (Ordinary Resolution); and to re-appointment and Fix Remuneration of Mr. Beda Nand Chaudhary as Whole time director of the Company.

Neutral

Mathew Easow Research Securities Limited - Shareholder/Analyst Call

2022-08-13 09:18:00

AGM

Negative

Mathew Easow Research Securities Limited Announces Resignation of Nirmal as Independent Director

2022-08-02 07:36:00

Mathew Easow Research Securities Limited announced that Mr. Nirmal, Independent Director has resigned from the Board of Directors effective 2 August, 2022 . The Board of Directors of the Bank appreciates his valuable contribution and support during his term as the Director of the Company. Further, the Company has received confirmation from Mr. Nirmal that there are no material reasons for his resignation other than those mentioned in hisresignation letter dated April 2nd August, 2022, and the same is enclosed herewith.

Neutral

Mathew Easow Research Securities Limited to Report Q1, 2023 Results on Aug 13, 2022

2022-08-01 08:18:00

Mathew Easow Research Securities Limited announced that they will report Q1, 2023 results on Aug 13, 2022

Neutral

Mathew Easow Research Securities Limited, Board Meeting, Aug 13, 2022

2022-08-01 08:18:00

Mathew Easow Research Securities Limited, Board Meeting, Aug 13, 2022. Agenda: To consider the earnings results for the quarter ended June 30, 2022.

Neutral

Mathew Easow Research Securities Limited, Board Meeting, May 28, 2022

2022-05-18 09:42:00

Mathew Easow Research Securities Limited, Board Meeting, May 28, 2022. Agenda: To consider and approve the audited financial results of the company for the quarter and financial year ended 31st March, 2022.

Neutral

Mathew Easow Research Securities Limited to Report Q4, 2022 Results on May 28, 2022

2022-05-18 09:42:00

Mathew Easow Research Securities Limited announced that they will report Q4, 2022 results on May 28, 2022

Neutral

Mathew Easow Research Securities Limited to Report Q3, 2022 Results on Feb 12, 2022

2022-02-02 09:51:00

Mathew Easow Research Securities Limited announced that they will report Q3, 2022 results on Feb 12, 2022

Neutral

Mathew Easow Research Securities Limited, Board Meeting, Feb 12, 2022

2022-02-02 09:51:00

Mathew Easow Research Securities Limited, Board Meeting, Feb 12, 2022. Agenda: To consider and approve the Unaudited Financial Results of the Company for the quarter and nine months ended 31st December, 2021.

Fundamental Summary

At a high level, the metrics from Mathew Easow Research's Q1 financial report release were demonstrably negative. Their growth, value, and income factors performance indicate that company management are not executing well their business plan. These troubling results make a strong case for underperformance and for anticipating a significant downside. Therefore, we assessed them with a rating of 51 and a UNDERPERFORM recommendation.

Mathew Easow Research reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported revenue was INR 5.94 million compared to INR 6.85 million a year ago. Net income was INR 0.066 million compared to INR 0.001 million a year ago. Basic earnings per share from continuing operations was INR 0.01. Diluted earnings per share from continuing operations was INR 0.01.For the six months, revenue was INR 12.46 million compared to INR 13.74 million a year ago. Net income was INR 0.268 million compared to INR 0.207 million a year ago. Basic earnings per share from continuing operations was INR 0.04 compared to INR 0.03 a year ago. Diluted earnings per share from continuing operations was INR 0.04 compared to INR 0.03 a year ago.

Sector Overview

Mathew Easow Research is included in the Capital Markets according to GICS (global industry classification standard). The Capital Markets industry is part of the Financials sector. It includes companies that engage in Diversified Capital Markets, Investment Banking & Brokerage, Asset Management & Custody Banks. Mathew Easow Research's industry and sector affiliation are expected to positively boost their relative likelihood to overperform the market looking forward, as they should benefit significantly from the macroeconomic environment we see now.

Fundamental Highlights


Parameter Value Change Score
Price to Book 8.8 -2.9% 44
Equity 123.1M -5.3% 52
EBITDA 16.5M -20.8% 61
Parameter Value Change Score
Total Revenues 115.9M 10.6% 47
Return on Equity 9.4 -16.0% 82
* All values are TTM

The below chart reflects Mathew Easow Research's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While Mathew Easow Research's peer average final assessment score stands on 68, Mathew Easow Research's score is 51.

  •  511688
  •  Peers average
Name Market Cap Balance Sheet Income Statement Cash Flow Rating Final Assessment mc_sort Hidden
Nalwa Sons Investments Limited 12.3B 56 77 67
Hold
65
65 0 1
Monarch Networth Capital Limited 12.0B 52 71 68
Underperform
55
55 1 1
Dolat Algotech Limited 11.9B 82 45 76
Hold
71
71 2 1
UGRO Capital Limited 11.4B 82 70 68
Hold
78
78 3 1
Geojit Financial Services Limited 11.3B 74 83 65
Buy
79
79 4 1
PNB Gilts Ltd. 11.3B 68 82 55
Hold
68
68 5 1
BF Investment Limited 10.9B 64 64 66
Hold
63
63 6 1
Centrum Capital Limited 10.7B 85 64 88
Buy
81
81 7 1
5paisa Capital Limited 9.6B 85 58 81
Hold
76
76 8 1
Dhunseri Ventures Limited 9.1B 91 76 58
Buy
85
85 9 1
Kalyani Investment Company Limited 8.2B 75 71 85
Hold
77
77 10 1
Arihant Capital Markets Limited 7.0B 87 80 66
Buy
86
86 11 1
Summit Securities Limited 6.9B 44 62 87
Underperform
51
51 12 1
Nahar Capital and Financial Services Limited 5.6B 70 54 67
Hold
63
63 13 1
Jindal Poly Investment and Finance Company Limited 5.3B 60 44 81
Underperform
55
55 14 1
The Investment Trust of India Limited 5.0B 55 84 65
Hold
66
66 15 1
Mahanivesh (India) Limited 4.5B 58 40 71
Underperform
46
46 16 1
Dhunseri Investments Limited 4.5B 46 72 76
Underperform
54
54 17 1
Kiran Vyapar Limited 4.0B 82 79 58
Buy
80
80 18 1
Swiss Military Consumer Goods Limited 3.7B 42 64 78
Underperform
50
50 19 1
Aditya Birla Money Limited 3.5B 88 81 75
Strong Buy
88
88 20 1
Jindal Photo Limited 3.5B 77 57 75
Hold
73
73 21 1
SIL Investments Limited 3.3B 64 55 81
Hold
61
61 22 1
Prime Securities Limited 3.2B 58 76 53
Underperform
58
58 23 1
Industrial & Prudential Investment Company Limited 3.2B 89 68 87
Buy
85
85 24 1
Indo Thai Securities Limited 3.2B 64 42 42
Underperform
51
51 25 1
Jaykay Enterprises Limited 3.0B 58 58 76
Hold
61
61 26 1
Systematix Corporate Services Limited 3.0B 77 93 75
Buy
86
86 27 1
Master Trust Limited 2.7B 78 64 50
Hold
70
70 28 1
STEL Holdings Limited 2.6B 80 55 45
Hold
67
67 29 1
IL&FS Investment Managers Limited 2.4B 73 57 79
Hold
69
69 30 1
ABans Enterprises Limited 2.4B 52 78 76
Hold
62
62 31 1
Quest Capital Markets Limited 2.1B 96 48 74
Hold
78
78 32 1
Almondz Global Securities Limited 2.0B 87 50 68
Hold
73
73 33 1
Industrial Investment Trust Limited 2.0B 74 62 71
Hold
70
70 34 1
Shardul Securities Limited 1.9B 59 61 81
Underperform
60
60 35 1
Emkay Global Financial Services Limited 1.8B 82 90 70
Strong Buy
88
88 36 1
Avonmore Capital & Management Services Limited 1.7B 69 79 70
Hold
73
73 37 1
Bombay Oxygen Investments Limited 1.7B 84 57 94
Hold
77
77 38 1
RSD Finance Limited 1.3B 78 49 54
Hold
65
65 39 1
Indbank Merchant Banking Services Limited 1.1B 54 73 53
Hold
62
62 40 1
LKP Finance Limited 1.1B 89 49 74
Hold
73
73 41 1
Welspun Investments and Commercials Limited 1.1B 83 60 50
Hold
72
72 42 1
LKP Securities Limited 1.1B 85 89 84
Strong Buy
92
92 43 1
Greencrest Financial Services Limited 994.2M 61 63 67
Hold
61
61 44 1
McDowell Holdings Limited 969.0M 73 57 51
Hold
63
63 45 1
DB (International) Stock Brokers Limited 899.5M 84 55 67
Hold
68
68 46 1
Shriram Asset Management Company Limited 881.7M 62 71 84
Hold
69
69 47 1
Global Capital Markets Limited 697.0M 55 50 80
Underperform
52
52 48 1
NCL Research & Financial Services Limited 556.6M 66 85 92
Strong Buy
87
87 49 1
Intellivate Capital Ventures Limited 500.4M 73 70 79
Buy
80
80 50 1
GCM Securities Limited 476.8M 48 85 76
Hold
65
65 51 1
Pioneer Investcorp Limited 466.7M 73 65 64
Hold
72
72 52 1
Wallfort Financial Services Ltd. 457.2M 71 46 63
Hold
61
61 53 1
Yamini Investments Company Limited 441.6M 46 54 59
Underperform
45
45 54 1
HB Stockholdings Limited 420.4M 75 66 67
Hold
71
71 55 1
Pro Fin Capital Services Ltd. 398.5M 81 43 63
Hold
62
62 56 1
HB Portfolio Limited 378.9M 64 47 88
Underperform
60
60 57 1
Cni Research Limited 311.1M 97 59 60
Hold
77
77 58 1
Odyssey Corporation Limited 291.9M 79 76 88
Buy
86
86 59 1
Monotype India Limited 225.0M 62 64 49
Underperform
52
52 60 1
Stampede Capital Limited 209.0M 37 69 82
Underperform
53
53 61 1
BFL Asset Finvest Limited 207.6M 70 58 66
Hold
63
63 62 1
Onelife Capital Advisors Limited 181.7M 78 67 51
Hold
65
65 63 1
AF Enterprises Limited 171.1M 72 82 63
Hold
75
75 64 1
Esaar (India) Limited 148.2M 69 62 69
Hold
71
71 65 1
Cubical Financial Services Limited 117.3M 60 57 99
Hold
71
71 66 1
Goenka Business & Finance Limited 109.2M 62 89 50
Hold
66
66 67 1
Alka Securities Limited 85.4M 91 86 61
Strong Buy
90
90 68 1
Gemstone Investments Limited 75.5M 82 96 85
Strong Buy
98
98 69 1
Confidence Finance and Trading Limited 73.9M 68 68 76
Hold
76
76 70 1
Essar Securities Limited 72.9M 79 50 88
Hold
74
74 71 1
Jackson Investments Limited 55.2M 43 72 77
Underperform
58
58 72 1
Pilani Investment and Industries Corporation Limited 21.2B 59 66 71
Underperform
59
59 73 1
VLS Finance Limited 5.2B 79 70 64
Hold
75
75 74 1
Consolidated Finvest & Holdings Limited 4.4B 69 55 59
Hold
63
63 75 1
N.B.I. Industrial Finance Company Limited 4.2B 50 80 68
Underperform
59
59 76 1
Wealth First Portfolio Managers Limited 3.1B 85 50 66
Hold
72
72 77 1
Inventure Growth & Securities Limited 2.4B 87 49 91
Hold
76
76 78 1
BLB Limited 1.1B 90 78 67
Strong Buy
87
87 79 1
Steel City Securities Limited 910.2M 66 60 68
Hold
64
64 80 1

Macro Environment

Neutral
62

Typically, the stock market in India will react to recent economic events, as well as be influenced by the sentiment in other major economies around the world, such as the United States, European Union, and China. Our assessment is that these two events may influence global market sentiment. On the negative side we have the tensions between taiwan and china, and on the positive side we have the end of COVID-19 pandemic.

Positive end of COVID-19 pandemic

The World Health Organization issued six policy briefs outlining essential steps governments could take to stop the pandemic. The briefings, which are based on evidence and experience from the previous 32 months, provide guidance on how to save lives, protect health systems, and minimize social and economic disruption.

Negative tensions between taiwan and china

The tensions between Taiwan and China have spiked following Nancy Pelosi's visit to Taipei. China staged war games near Taiwan to express its anger at what it saw as stepped-up U.S. support for the island Beijing views as sovereign Chinese territory. Because Taiwan produces the majority of the world's semiconductors, which are used in every electronic device today, a war between China and Taiwan might be catastrophic for the global economy.

Besides the events we mentioned, there are also specific events related to the Diversified Financials industry of which Mathew Easow Research Securities Limited is a part. As a result, we believe that the rising interest rate is a positive event that will continue to support the industry in the future, whereas the rising inflation may cloud the sector's shares.

Positive rising interest rate

From a historical point of view, the finance sector functions well when interest rates are rising, mainly due to the increase in loan repayments from lenders. Also, insurers often reinvest policyholder premiums into bond instruments, allowing them to profit when Treasury yields increase.

Negative rising inflation

The sudden increase in inflation is generally regarded as the most painful since it takes companies several quarters to pass on higher input costs to consumers. Historically, companies traded in the Diversified Financials industry have been hit by high inflation times due to increased operating expenses and decreased revenues.

In considering the current macro environment and the risks that might affect Mathew Easow Research Securities Limited stock, we came to the conclusion that recent events aren't likely to affect the company's performance in the short term, and thus rated Mathew Easow Research Securities Limited macro environment with the score of 62.

Technical Analysis

When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. Mathew Easow Research's stock is now priced above its 5-day, but below its 50-day and 200-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is strengthening. Historically, this is a positive setup in the near-term. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), Mathew Easow Research's stock indicates that it's likely oversold. Overall, these technical indicators don't clearly signal directional momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 62.

Neutral 62
Close Price 5.79
52W Low 4.75
52W High 12.69
5D MA 5.78
50D MA 5.86
200D MA 7.55
MACD 0.0
RSI 3.97
STOCH 64.15

Balance Sheet Analysis

Mathew Easow Research's recently published balance sheet conveys disappointing growth, particularly with respect to Book Value Factors and Equity metrics. Mathew Easow Research's price to book ratio (P/B) was reported as 8.8 and represents -2.9% change from the previous report. This characteristic can affect companies in the same industry and market capitalization by up to 11.4%. The company's book value factors were lackluster and showed that management hasn't figured out how to overperform expectations. Disappointing results in book value factors typically precede negative pressure in stock prices, so its book value factors received a grade of 44. Also, Mathew Easow Research published concerning equity metrics for this filing. In the current report, equity stood at 123.1M, which represents a -5.3% change from the last report. This parameter often affects companies in the same industry and market capitalization by up to 0.2%. Their equity metrics appear unremarkable relative to their peers. Consequently, their equity movement received a grade of 52. At the same time, one balance sheet metric, Cash & Equivalents, was actually strongly positive. Mathew Easow Research did a great job related to cash and cash equivalents this period, which stood at 1.0M, representing a nan% change from the previous filing. Its impressive cash and cash equivalents metrics should support upward pressure on its's stock price. The company's cash and cash equivalents movement, therefore, received a grade of 74. Because of these weaknesses, their balance sheet received an overall score of 59.

Parameter Value Change Score
Price to Book 8.8 -2.9% 44
Equity 123.1M -5.3% 52
* All values are TTM

The below chart describes Mathew Easow Research's performance as reflected on its balance sheet with respect to its peers. While Mathew Easow Research received a balance sheet score of 59, the average of its peers stands on 72.

  •  511688
  •  Peers average
Name Market Cap Liabilities Movement Asset Change Equity/Intangibles Adjustments Cash & Equivalents Book Value Momentum Balance Sheet mc_sort Hidden
Nalwa Sons Investments Limited 12.3B 65.0 80.0 71.0 66.0 46.0 56 0 1
Monarch Networth Capital Limited 12.0B 66.0 69.0 48.0 63.0 47.0 52 1 1
Dolat Algotech Limited 11.9B 93.0 62.0 72.0 72.0 77.0 82 2 1
UGRO Capital Limited 11.4B 97.0 38.0 38.0 93.0 84.0 82 3 1
Geojit Financial Services Limited 11.3B 81.0 52.0 49.0 58.0 79.0 74 4 1
PNB Gilts Ltd. 11.3B 84.0 54.0 57.0 79.0 66.0 68 5 1
BF Investment Limited 10.9B 44.0 71.0 71.0 65.0 67.0 64 6 1
Centrum Capital Limited 10.7B 84.0 48.0 66.0 82.0 82.0 85 7 1
5paisa Capital Limited 9.6B 88.0 44.0 40.0 91.0 88.0 85 8 1
Dhunseri Ventures Limited 9.1B 88.0 51.0 65.0 62.0 91.0 91 9 1
Kalyani Investment Company Limited 8.2B 41.0 40.0 70.0 64.0 86.0 75 10 1
Arihant Capital Markets Limited 7.0B 78.0 54.0 66.0 57.0 88.0 87 11 1
Summit Securities Limited 6.9B 81.0 40.0 59.0 47.0 42.0 44 12 1
Nahar Capital and Financial Services Limited 5.6B 76.0 65.0 83.0 40.0 71.0 70 13 1
Jindal Poly Investment and Finance Company Limited 5.3B 81.0 51.0 69.0 54.0 62.0 60 14 1
The Investment Trust of India Limited 5.0B 56.0 71.0 41.0 62.0 60.0 55 15 1
Mahanivesh (India) Limited 4.5B 74.0 76.0 71.0 58.0 51.0 58 16 1
Dhunseri Investments Limited 4.5B 44.0 53.0 61.0 72.0 45.0 46 17 1
Kiran Vyapar Limited 4.0B 57.0 83.0 87.0 47.0 88.0 82 18 1
Swiss Military Consumer Goods Limited 3.7B 46.0 53.0 47.0 63.0 43.0 42 19 1
Aditya Birla Money Limited 3.5B 88.0 49.0 46.0 90.0 89.0 88 20 1
Jindal Photo Limited 3.5B 51.0 76.0 72.0 51.0 80.0 77 21 1
SIL Investments Limited 3.3B 40.0 85.0 70.0 81.0 61.0 64 22 1
Prime Securities Limited 3.2B 49.0 86.0 57.0 55.0 50.0 58 23 1
Industrial & Prudential Investment Company Limited 3.2B 77.0 58.0 66.0 81.0 87.0 89 24 1
Indo Thai Securities Limited 3.2B 58.0 80.0 47.0 72.0 68.0 64 25 1
Jaykay Enterprises Limited 3.0B 61.0 47.0 78.0 58.0 53.0 58 26 1
Systematix Corporate Services Limited 3.0B 60.0 88.0 51.0 82.0 88.0 77 27 1
Master Trust Limited 2.7B 58.0 90.0 47.0 76.0 90.0 78 28 1
STEL Holdings Limited 2.6B 53.0 91.0 49.0 74.0 94.0 80 29 1
IL&FS Investment Managers Limited 2.4B 52.0 63.0 69.0 84.0 73.0 73 30 1
ABans Enterprises Limited 2.4B 84.0 39.0 45.0 94.0 50.0 52 31 1
Quest Capital Markets Limited 2.1B 71.0 88.0 76.0 80.0 94.0 96 32 1
Almondz Global Securities Limited 2.0B 77.0 68.0 85.0 78.0 90.0 87 33 1
Industrial Investment Trust Limited 2.0B 69.0 71.0 46.0 56.0 80.0 74 34 1
Shardul Securities Limited 1.9B 50.0 68.0 72.0 62.0 60.0 59 35 1
Emkay Global Financial Services Limited 1.8B 82.0 50.0 48.0 56.0 88.0 82 36 1
Avonmore Capital & Management Services Limited 1.7B 56.0 79.0 55.0 68.0 80.0 69 37 1
Bombay Oxygen Investments Limited 1.7B 56.0 60.0 92.0 82.0 78.0 84 38 1
RSD Finance Limited 1.3B 60.0 76.0 91.0 41.0 84.0 78 39 1
Indbank Merchant Banking Services Limited 1.1B 44.0 81.0 74.0 66.0 49.0 54 40 1
LKP Finance Limited 1.1B 87.0 54.0 66.0 88.0 84.0 89 41 1
Welspun Investments and Commercials Limited 1.1B 37.0 97.0 81.0 39.0 98.0 83 42 1
LKP Securities Limited 1.1B 66.0 59.0 44.0 79.0 91.0 85 43 1
Greencrest Financial Services Limited 994.2M 55.0 81.0 79.0 65.0 51.0 61 44 1
McDowell Holdings Limited 969.0M 71.0 94.0 42.0 38.0 89.0 73 45 1
DB (International) Stock Brokers Limited 899.5M 92.0 49.0 73.0 69.0 80.0 84 46 1
Shriram Asset Management Company Limited 881.7M 51.0 58.0 70.0 61.0 65.0 62 47 1
Global Capital Markets Limited 697.0M 48.0 79.0 71.0 78.0 53.0 55 48 1
NCL Research & Financial Services Limited 556.6M 66.0 51.0 82.0 97.0 66.0 66 49 1
Intellivate Capital Ventures Limited 500.4M 64.0 64.0 93.0 90.0 72.0 73 50 1
GCM Securities Limited 476.8M 65.0 51.0 54.0 60.0 66.0 48 51 1
Pioneer Investcorp Limited 466.7M 48.0 80.0 49.0 67.0 83.0 73 52 1
Wallfort Financial Services Ltd. 457.2M 68.0 60.0 81.0 71.0 69.0 71 53 1
Yamini Investments Company Limited 441.6M 70.0 50.0 54.0 79.0 41.0 46 54 1
HB Stockholdings Limited 420.4M 80.0 63.0 92.0 59.0 65.0 75 55 1
Pro Fin Capital Services Ltd. 398.5M 66.0 79.0 75.0 41.0 89.0 81 56 1
HB Portfolio Limited 378.9M 54.0 63.0 63.0 68.0 66.0 64 57 1
Cni Research Limited 311.1M 71.0 86.0 97.0 42.0 85.0 97 58 1
Odyssey Corporation Limited 291.9M 71.0 53.0 95.0 41.0 99.0 79 59 1
Monotype India Limited 225.0M 71.0 57.0 62.0 86.0 41.0 62 60 1
Stampede Capital Limited 209.0M 40.0 45.0 62.0 95.0 37.0 37 61 1
BFL Asset Finvest Limited 207.6M 85.0 71.0 54.0 59.0 75.0 70 62 1
Onelife Capital Advisors Limited 181.7M 70.0 55.0 89.0 85.0 67.0 78 63 1
AF Enterprises Limited 171.1M 56.0 93.0 41.0 72.0 85.0 72 64 1
Esaar (India) Limited 148.2M 70.0 56.0 95.0 90.0 56.0 69 65 1
Cubical Financial Services Limited 117.3M 67.0 68.0 53.0 42.0 71.0 60 66 1
Goenka Business & Finance Limited 109.2M 79.0 70.0 47.0 61.0 52.0 62 67 1
Alka Securities Limited 85.4M 86.0 93.0 66.0 68.0 90.0 91 68 1
Gemstone Investments Limited 75.5M 72.0 59.0 93.0 95.0 62.0 82 69 1
Confidence Finance and Trading Limited 73.9M 67.0 70.0 43.0 79.0 79.0 68 70 1
Essar Securities Limited 72.9M 68.0 61.0 87.0 87.0 82.0 79 71 1
Jackson Investments Limited 55.2M 63.0 61.0 44.0 42.0 55.0 43 72 1
Pilani Investment and Industries Corporation Limited 21.2B 59.0 82.0 83.0 64.0 51.0 59 73 1
VLS Finance Limited 5.2B 79.0 72.0 89.0 71.0 69.0 79 74 1
Consolidated Finvest & Holdings Limited 4.4B 76.0 69.0 75.0 79.0 61.0 69 75 1
N.B.I. Industrial Finance Company Limited 4.2B 99.0 42.0 60.0 57.0 43.0 50 76 1
Wealth First Portfolio Managers Limited 3.1B 79.0 79.0 79.0 48.0 93.0 85 77 1
Inventure Growth & Securities Limited 2.4B 62.0 69.0 94.0 72.0 93.0 87 78 1
BLB Limited 1.1B 83.0 85.0 65.0 58.0 91.0 90 79 1
Steel City Securities Limited 910.2M 67.0 68.0 71.0 66.0 65.0 66 80 1

Income Statement Analysis

Mathew Easow Research's most recent income statement report was not encouraging. Mathew Easow Research reported discouraging numbers for its revenue efficiency. As of the current filing, they were reported as 115.9M and represented 10.6% change from the previous period. This metric might have a 6.3 percent impact on companies in the same industry and with the same market capitalization. Their revenue efficiency, specifically in contrast to their industry peers', isn't encouraging. Consequently, their revenue efficiency received a grade of 47. However, one encouraging metric, Return Factors, stood out. In this filing, Mathew Easow Research reported a return on equity (ROE) ratio of 9.4, which represents a change of -16.0%. These numbers show that management has successfully encouraged growth while managing ROE and ROA metrics, especially relative to their peers. Therefore, its return factors component earned a score of 82. The companie's income statement, therefore, earned a score of 55.

Parameter Value Change Score
EBITDA 16.5M -20.8% 61
Total Revenues 115.9M 10.6% 47
Return on Equity 9.4 -16.0% 82
* All values are TTM

The below chart describes Mathew Easow Research's performance as reflected on its income statement with respect to its peers. While Mathew Easow Research received a income statement score of 55 , the average of its peers stands on 65.

  •  511688
  •  Peers average
Name Market Cap Revenue Momentum Earning Movement Return Factors Momentum Income Statement mc_sort Hidden
Nalwa Sons Investments Limited 12.3B 79.0 79.0 70.0 77 0 1
Monarch Networth Capital Limited 12.0B 60.0 70.0 74.0 71 1 1
Dolat Algotech Limited 11.9B 49.0 44.0 45.0 45 2 1
UGRO Capital Limited 11.4B 95.0 77.0 50.0 70 3 1
Geojit Financial Services Limited 11.3B 81.0 78.0 84.0 83 4 1
PNB Gilts Ltd. 11.3B 92.0 81.0 77.0 82 5 1
BF Investment Limited 10.9B 54.0 65.0 65.0 64 6 1
Centrum Capital Limited 10.7B 43.0 66.0 69.0 64 7 1
5paisa Capital Limited 9.6B 90.0 59.0 50.0 58 8 1
Dhunseri Ventures Limited 9.1B 89.0 79.0 62.0 76 9 1
Kalyani Investment Company Limited 8.2B 92.0 75.0 51.0 71 10 1
Arihant Capital Markets Limited 7.0B 82.0 76.0 80.0 80 11 1
Summit Securities Limited 6.9B 88.0 63.0 52.0 62 12 1
Nahar Capital and Financial Services Limited 5.6B 94.0 57.0 52.0 54 13 1
Jindal Poly Investment and Finance Company Limited 5.3B 41.0 69.0 45.0 44 14 1
The Investment Trust of India Limited 5.0B 84.0 80.0 85.0 84 15 1
Mahanivesh (India) Limited 4.5B 37.0 43.0 40.0 40 16 1
Dhunseri Investments Limited 4.5B 58.0 73.0 73.0 72 17 1
Kiran Vyapar Limited 4.0B 49.0 79.0 81.0 79 18 1
Swiss Military Consumer Goods Limited 3.7B 43.0 69.0 63.0 64 19 1
Aditya Birla Money Limited 3.5B 82.0 79.0 77.0 81 20 1
Jindal Photo Limited 3.5B 63.0 58.0 51.0 57 21 1
SIL Investments Limited 3.3B 38.0 69.0 43.0 55 22 1
Prime Securities Limited 3.2B 60.0 71.0 84.0 76 23 1
Industrial & Prudential Investment Company Limited 3.2B 47.0 77.0 61.0 68 24 1
Indo Thai Securities Limited 3.2B 96.0 53.0 39.0 42 25 1
Jaykay Enterprises Limited 3.0B 37.0 63.0 66.0 58 26 1
Systematix Corporate Services Limited 3.0B 45.0 76.0 97.0 93 27 1
Master Trust Limited 2.7B 70.0 72.0 60.0 64 28 1
STEL Holdings Limited 2.6B 91.0 61.0 51.0 55 29 1
IL&FS Investment Managers Limited 2.4B 53.0 57.0 55.0 57 30 1
ABans Enterprises Limited 2.4B 94.0 74.0 61.0 78 31 1
Quest Capital Markets Limited 2.1B 54.0 62.0 47.0 48 32 1
Almondz Global Securities Limited 2.0B 84.0 57.0 49.0 50 33 1
Industrial Investment Trust Limited 2.0B 56.0 58.0 67.0 62 34 1
Shardul Securities Limited 1.9B 56.0 63.0 62.0 61 35 1
Emkay Global Financial Services Limited 1.8B 92.0 83.0 91.0 90 36 1
Avonmore Capital & Management Services Limited 1.7B 81.0 75.0 66.0 79 37 1
Bombay Oxygen Investments Limited 1.7B 41.0 70.0 46.0 57 38 1
RSD Finance Limited 1.3B 55.0 56.0 56.0 49 39 1
Indbank Merchant Banking Services Limited 1.1B 94.0 63.0 77.0 73 40 1
LKP Finance Limited 1.1B 43.0 56.0 47.0 49 41 1
Welspun Investments and Commercials Limited 1.1B 67.0 73.0 55.0 60 42 1
LKP Securities Limited 1.1B 74.0 84.0 92.0 89 43 1
Greencrest Financial Services Limited 994.2M 84.0 68.0 66.0 63 44 1
McDowell Holdings Limited 969.0M 98.0 65.0 51.0 57 45 1
DB (International) Stock Brokers Limited 899.5M 47.0 61.0 48.0 55 46 1
Shriram Asset Management Company Limited 881.7M 56.0 69.0 77.0 71 47 1
Global Capital Markets Limited 697.0M 40.0 53.0 50.0 50 48 1
NCL Research & Financial Services Limited 556.6M 69.0 90.0 48.0 85 49 1
Intellivate Capital Ventures Limited 500.4M 87.0 63.0 83.0 70 50 1
GCM Securities Limited 476.8M 97.0 73.0 59.0 85 51 1
Pioneer Investcorp Limited 466.7M 82.0 63.0 57.0 65 52 1
Wallfort Financial Services Ltd. 457.2M 95.0 46.0 43.0 46 53 1
Yamini Investments Company Limited 441.6M 95.0 59.0 38.0 54 54 1
HB Stockholdings Limited 420.4M 82.0 56.0 72.0 66 55 1
Pro Fin Capital Services Ltd. 398.5M 40.0 48.0 43.0 43 56 1
HB Portfolio Limited 378.9M 44.0 46.0 50.0 47 57 1
Cni Research Limited 311.1M 37.0 71.0 72.0 59 58 1
Odyssey Corporation Limited 291.9M 90.0 56.0 96.0 76 59 1
Monotype India Limited 225.0M 39.0 64.0 65.0 64 60 1
Stampede Capital Limited 209.0M 97.0 67.0 71.0 69 61 1
BFL Asset Finvest Limited 207.6M 41.0 37.0 95.0 58 62 1
Onelife Capital Advisors Limited 181.7M 66.0 70.0 71.0 67 63 1
AF Enterprises Limited 171.1M 53.0 74.0 79.0 82 64 1
Esaar (India) Limited 148.2M 57.0 63.0 73.0 62 65 1
Cubical Financial Services Limited 117.3M 38.0 69.0 38.0 57 66 1
Goenka Business & Finance Limited 109.2M 43.0 95.0 41.0 89 67 1
Alka Securities Limited 85.4M 94.0 82.0 92.0 86 68 1
Gemstone Investments Limited 75.5M 85.0 93.0 55.0 96 69 1
Confidence Finance and Trading Limited 73.9M 89.0 60.0 70.0 68 70 1
Essar Securities Limited 72.9M 52.0 50.0 84.0 50 71 1
Jackson Investments Limited 55.2M 97.0 61.0 94.0 72 72 1
Pilani Investment and Industries Corporation Limited 21.2B 51.0 70.0 63.0 66 73 1
VLS Finance Limited 5.2B 57.0 76.0 61.0 70 74 1
Consolidated Finvest & Holdings Limited 4.4B 38.0 65.0 46.0 55 75 1
N.B.I. Industrial Finance Company Limited 4.2B 51.0 76.0 83.0 80 76 1
Wealth First Portfolio Managers Limited 3.1B 69.0 47.0 61.0 50 77 1
Inventure Growth & Securities Limited 2.4B 69.0 58.0 52.0 49 78 1
BLB Limited 1.1B 76.0 75.0 88.0 78 79 1
Steel City Securities Limited 910.2M 49.0 64.0 61.0 60 80 1

Cash Flow Analysis

Mathew Easow Research's recently published cash flow conveyed disappointing growth, particularly concerning Asset Turnover metric. Mathew Easow Research's asset turnover numbers were discouraging, reflecting significant concerns related to management's ability to leverage assets to generate sales effectively and efficiently. Mathew Easow Research recorded asset turnover of 0.9, which represents a nan% change from the previous report. Companies in the same sector and market capitalization will usually be affected by up to 8.7 percent by this parameter. Their lackluster asset turnover metrics, specifically in contrast to leading industry peers' performance, could present significant headwinds. Therefore, their asset turnover movement earned a score of 63. That said, one metric, Capex, stood out as strongly positive. Mathew Easow Research's management did a great job this period managing its capital expenditure (CapEx). In terms of the raw numbers, CapEx was reported as nan, which represents a nan% change from the last period. The company appears to be headed in the right direction regarding resource allocation, exhibiting prudent capital expenditure growth compared to its peers. Therefore, its CapEx movement component earned a score of 64. Therefore, their cash flow earned a grade of 60.

Parameter Value Change Score
* All values are TTM

The below chart describes Mathew Easow Research's performance as reflected on its cash flow with respect to its peers. While Mathew Easow Research received a cash flow score of 60, the average of its peers stands on 66.

  •  511688
  •  Peers average
Name Market Cap Cashflow Momentum Free Cashflow Growth Capital Expenditure Growth Assets Factors Momentum Cash Flow mc_sort Hidden
Nalwa Sons Investments Limited 12.3B 72.0 65.0 68.0 64.0 67 0 1
Monarch Networth Capital Limited 12.0B 69.0 64.0 63.0 69.0 68 1 1
Dolat Algotech Limited 11.9B 65.0 72.0 71.0 76.0 76 2 1
UGRO Capital Limited 11.4B 70.0 67.0 67.0 63.0 68 3 1
Geojit Financial Services Limited 11.3B 76.0 54.0 56.0 65.0 65 4 1
PNB Gilts Ltd. 11.3B 69.0 59.0 68.0 50.0 55 5 1
BF Investment Limited 10.9B 70.0 63.0 68.0 65.0 66 6 1
Centrum Capital Limited 10.7B 67.0 67.0 67.0 90.0 88 7 1
5paisa Capital Limited 9.6B 66.0 67.0 67.0 82.0 81 8 1
Dhunseri Ventures Limited 9.1B 69.0 67.0 94.0 46.0 58 9 1
Kalyani Investment Company Limited 8.2B 82.0 53.0 69.0 93.0 85 10 1
Arihant Capital Markets Limited 7.0B 67.0 67.0 47.0 65.0 66 11 1
Summit Securities Limited 6.9B 85.0 51.0 96.0 71.0 87 12 1
Nahar Capital and Financial Services Limited 5.6B 63.0 84.0 95.0 46.0 67 13 1
Jindal Poly Investment and Finance Company Limited 5.3B 81.0 66.0 98.0 52.0 81 14 1
The Investment Trust of India Limited 5.0B 64.0 71.0 69.0 62.0 65 15 1
Mahanivesh (India) Limited 4.5B 73.0 56.0 68.0 74.0 71 16 1
Dhunseri Investments Limited 4.5B 74.0 66.0 68.0 76.0 76 17 1
Kiran Vyapar Limited 4.0B 61.0 71.0 40.0 82.0 58 18 1
Swiss Military Consumer Goods Limited 3.7B 73.0 63.0 57.0 77.0 78 19 1
Aditya Birla Money Limited 3.5B 53.0 85.0 81.0 69.0 75 20 1
Jindal Photo Limited 3.5B 63.0 68.0 59.0 83.0 75 21 1
SIL Investments Limited 3.3B 79.0 54.0 41.0 95.0 81 22 1
Prime Securities Limited 3.2B 72.0 64.0 70.0 48.0 53 23 1
Industrial & Prudential Investment Company Limited 3.2B 59.0 77.0 67.0 88.0 87 24 1
Indo Thai Securities Limited 3.2B 61.0 66.0 48.0 46.0 42 25 1
Jaykay Enterprises Limited 3.0B 74.0 55.0 95.0 87.0 76 26 1
Systematix Corporate Services Limited 3.0B 83.0 46.0 65.0 68.0 75 27 1
Master Trust Limited 2.7B 71.0 66.0 46.0 50.0 50 28 1
STEL Holdings Limited 2.6B 54.0 84.0 68.0 40.0 45 29 1
IL&FS Investment Managers Limited 2.4B 58.0 74.0 85.0 85.0 79 30 1
ABans Enterprises Limited 2.4B 45.0 89.0 91.0 87.0 76 31 1
Quest Capital Markets Limited 2.1B 65.0 72.0 63.0 78.0 74 32 1
Almondz Global Securities Limited 2.0B 78.0 38.0 52.0 74.0 68 33 1
Industrial Investment Trust Limited 2.0B 67.0 72.0 59.0 71.0 71 34 1
Shardul Securities Limited 1.9B 68.0 65.0 76.0 84.0 81 35 1
Emkay Global Financial Services Limited 1.8B 61.0 72.0 91.0 65.0 70 36 1
Avonmore Capital & Management Services Limited 1.7B 66.0 71.0 65.0 66.0 70 37 1
Bombay Oxygen Investments Limited 1.7B 52.0 82.0 90.0 94.0 94 38 1
RSD Finance Limited 1.3B 51.0 66.0 68.0 61.0 54 39 1
Indbank Merchant Banking Services Limited 1.1B 75.0 61.0 53.0 52.0 53 40 1
LKP Finance Limited 1.1B 63.0 72.0 67.0 72.0 74 41 1
Welspun Investments and Commercials Limited 1.1B 63.0 80.0 68.0 38.0 50 42 1
LKP Securities Limited 1.1B 62.0 78.0 67.0 82.0 84 43 1
Greencrest Financial Services Limited 994.2M 68.0 68.0 69.0 67.0 67 44 1
McDowell Holdings Limited 969.0M 86.0 44.0 66.0 37.0 51 45 1
DB (International) Stock Brokers Limited 899.5M 60.0 81.0 68.0 65.0 67 46 1
Shriram Asset Management Company Limited 881.7M 66.0 67.0 81.0 84.0 84 47 1
Global Capital Markets Limited 697.0M 71.0 60.0 60.0 89.0 80 48 1
NCL Research & Financial Services Limited 556.6M 71.0 69.0 66.0 90.0 92 49 1
Intellivate Capital Ventures Limited 500.4M 66.0 71.0 62.0 83.0 79 50 1
GCM Securities Limited 476.8M 69.0 70.0 60.0 79.0 76 51 1
Pioneer Investcorp Limited 466.7M 80.0 56.0 71.0 62.0 64 52 1
Wallfort Financial Services Ltd. 457.2M 66.0 71.0 63.0 65.0 63 53 1
Yamini Investments Company Limited 441.6M 66.0 71.0 63.0 58.0 59 54 1
HB Stockholdings Limited 420.4M 70.0 66.0 59.0 60.0 67 55 1
Pro Fin Capital Services Ltd. 398.5M 70.0 71.0 66.0 51.0 63 56 1
HB Portfolio Limited 378.9M 73.0 63.0 56.0 91.0 88 57 1
Cni Research Limited 311.1M 69.0 69.0 64.0 62.0 60 58 1
Odyssey Corporation Limited 291.9M 70.0 69.0 69.0 98.0 88 59 1
Monotype India Limited 225.0M 67.0 69.0 65.0 46.0 49 60 1
Stampede Capital Limited 209.0M 66.0 71.0 63.0 97.0 82 61 1
BFL Asset Finvest Limited 207.6M 61.0 71.0 65.0 64.0 66 62 1
Onelife Capital Advisors Limited 181.7M 69.0 69.0 64.0 51.0 51 63 1
AF Enterprises Limited 171.1M 66.0 71.0 65.0 51.0 63 64 1
Esaar (India) Limited 148.2M 69.0 71.0 66.0 68.0 69 65 1
Cubical Financial Services Limited 117.3M 71.0 69.0 66.0 98.0 99 66 1
Goenka Business & Finance Limited 109.2M 69.0 70.0 60.0 51.0 50 67 1
Alka Securities Limited 85.4M 83.0 54.0 86.0 42.0 61 68 1
Gemstone Investments Limited 75.5M 70.0 69.0 70.0 85.0 85 69 1
Confidence Finance and Trading Limited 73.9M 69.0 71.0 66.0 76.0 76 70 1
Essar Securities Limited 72.9M 71.0 69.0 66.0 86.0 88 71 1
Jackson Investments Limited 55.2M 66.0 71.0 62.0 81.0 77 72 1
Pilani Investment and Industries Corporation Limited 21.2B 66.0 71.0 66.0 67.0 71 73 1
VLS Finance Limited 5.2B 68.0 69.0 60.0 66.0 64 74 1
Consolidated Finvest & Holdings Limited 4.4B 48.0 89.0 77.0 42.0 59 75 1
N.B.I. Industrial Finance Company Limited 4.2B 78.0 42.0 68.0 59.0 68 76 1
Wealth First Portfolio Managers Limited 3.1B 60.0 81.0 68.0 72.0 66 77 1
Inventure Growth & Securities Limited 2.4B 85.0 46.0 93.0 73.0 91 78 1
BLB Limited 1.1B 85.0 45.0 84.0 66.0 67 79 1
Steel City Securities Limited 910.2M 59.0 72.0 62.0 73.0 68 80 1

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