ScoreWhy is Ethos Ltd ?
1
Company has a low Debt to Equity ratio (avg) at 0 times
2
Healthy long term growth as Net Sales has grown by an annual rate of 26.01%
3
Flat results in Sep 25
- OPERATING CF(Y) Lowest at Rs -20.29 Cr
- ROCE(HY) Lowest at 8.65%
- OPERATING PROFIT TO INTEREST (Q) Lowest at 7.47 times
4
With ROE of 6.6, it has a Very Expensive valuation with a 5.8 Price to Book Value
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 4.40%, its profits have risen by 4.9% ; the PEG ratio of the company is 87.9
5
High Institutional Holdings at 33.25%
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
- Their stake has increased by 1.85% over the previous quarter.
6
Consistent Returns over the last 3 years
- Along with generating 4.40% returns in the last 1 year, the stock has outperformed BSE500 in each of the last 3 annual periods
Real-Time Research ReportHow much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Gems, Jewellery And Watches)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Ethos for you?
High Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Ethos Ltd
-16.58%
0.11
40.07%
Sensex
-5.16%
0.44
11.83%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
29.27%
EBIT Growth (5y)
35.36%
EBIT to Interest (avg)
5.01
Debt to EBITDA (avg)
2.12
Net Debt to Equity (avg)
-0.23
Sales to Capital Employed (avg)
0.97
Tax Ratio
26.53%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
34.48%
ROCE (avg)
12.20%
ROE (avg)
9.07%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
66
Industry P/E
42
Price to Book Value
4.31
EV to EBIT
51.33
EV to EBITDA
29.23
EV to Capital Employed
5.29
EV to Sales
3.77
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
10.30%
ROE (Latest)
6.49%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bullish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bearish
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend11What is working for the Company
NET SALES(Latest six months)
At Rs 882.53 cr has Grown at 29.55%
DEBTORS TURNOVER RATIO(HY)
Highest at 92.13 times
-13What is not working for the Company
INTEREST(Latest six months)
At Rs 14.97 cr has Grown at 22.10%
OPERATING PROFIT TO INTEREST (Q)
Lowest at 6.96 times
PBT LESS OI(Q)
Lowest at Rs 17.65 cr.
PAT(Q)
At Rs 22.00 cr has Fallen at -9.6% (vs previous 4Q average
NON-OPERATING INCOME(Q)
is 42.90 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is working for Ethos
Net Sales - Latest six months
At Rs 882.53 cr has Grown at 29.55%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Debtors Turnover Ratio- Half Yearly
Highest at 92.13 times
in the last five half yearly periodsMOJO Watch
Company has been able to settle its Debtors faster
Debtors Turnover Ratio
Here's what is not working for Ethos
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 17.65 cr has Fallen at -24.1% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 23.24 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Operating Profit to Interest - Quarterly
Lowest at 6.96 times
in the last five quartersMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Interest - Latest six months
At Rs 14.97 cr has Grown at 22.10%
over previous Half yearly periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs 17.65 cr.
in the last five quartersMOJO Watch
Near term PBT trend is negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 22.00 cr has Fallen at -9.6% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 24.33 CrMOJO Watch
Near term PAT trend is negative
PAT (Rs Cr)
Non Operating Income - Quarterly
is 42.90 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT
