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Sikko Industries Limited
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Let's analyse Sikko Industries Limited together

PenkeI guess you are interested in Sikko Industries Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Sikko Industries Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Sikko Industries Limited (30 sec.)










What can you expect buying and holding a share of Sikko Industries Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR0.01
When do you have the money?
1 year
How often do you get paid?
20.0%

What is your share worth?

Current worth
INR14.17
Expected worth in 1 year
INR20.46
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
INR6.89
Return On Investment
10.2%

For what price can you sell your share?

Current Price per Share
INR67.60
Expected price per share
INR58.60 - INR92.30
How sure are you?
50%

1. Valuation of Sikko Industries Limited (5 min.)




Live pricePrice per Share (EOD)

INR67.60

Intrinsic Value Per Share

INR-6.10 - INR-3.44

Total Value Per Share

INR8.07 - INR10.73

2. Growth of Sikko Industries Limited (5 min.)




Is Sikko Industries Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$2.8m$2.5m$316.8k11.1%

How much money is Sikko Industries Limited making?

Current yearPrevious yearGrowGrow %
Making money$347.1k$225.2k$121.8k35.1%
Net Profit Margin5.8%3.7%--

How much money comes from the company's main activities?

3. Financial Health of Sikko Industries Limited (5 min.)




4. Comparing to competitors in the Agricultural Inputs industry (5 min.)




  Industry Rankings (Agricultural Inputs)  


Richest
#150 / 159

Most Revenue
#137 / 159

Most Profit
#110 / 159

What can you expect buying and holding a share of Sikko Industries Limited? (5 min.)

Welcome investor! Sikko Industries Limited's management wants to use your money to grow the business. In return you get a share of Sikko Industries Limited.

What can you expect buying and holding a share of Sikko Industries Limited?

First you should know what it really means to hold a share of Sikko Industries Limited. And how you can make/lose money.

Speculation

The Price per Share of Sikko Industries Limited is INR67.60. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Sikko Industries Limited.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Sikko Industries Limited, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR14.17. Based on the TTM, the Book Value Change Per Share is INR1.57 per quarter. Based on the YOY, the Book Value Change Per Share is INR1.48 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR0.15 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Sikko Industries Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.020.0%0.020.0%0.010.0%0.020.0%0.010.0%
Usd Book Value Change Per Share0.020.0%0.020.0%0.020.0%0.020.0%0.010.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.020.0%0.020.0%0.020.0%0.020.0%0.010.0%
Usd Price Per Share0.95-0.95-0.65-0.65-0.37-
Price to Earnings Ratio45.83-45.83-48.78-40.48-25.80-
Price-to-Total Gains Ratio45.83-45.83-33.38-37.29-32.95-
Price to Book Ratio5.57-5.57-4.32-5.00-3.04-
Price-to-Total Gains Ratio45.83-45.83-33.38-37.29-32.95-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.8112
Number of shares1232
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.020.02
Usd Total Gains Per Share0.020.02
Gains per Quarter (1232 shares)25.4521.42
Gains per Year (1232 shares)101.8285.68
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
19939248276
2181861947164162
32727929611246248
43537239814329334
54446550018411420
65355860221493506
76265170425575592
87174480628657678
98083790832739764
1089929101035821850

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.02.00.080.0%10.02.00.083.3%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.02.00.080.0%10.02.00.083.3%
Dividend per Share1.00.00.0100.0%2.00.01.066.7%2.00.03.040.0%2.00.08.020.0%2.00.010.016.7%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.02.00.080.0%10.02.00.083.3%

Fundamentals of Sikko Industries Limited

About Sikko Industries Limited

Sikko Industries Limited manufactures and trades in bio-agro chemicals, pesticides, fertilizers, seeds, sprayers, packaging, machineries, and FMCG products for agriculture in India. It offers organic agro chemicals, including organic pesticides and fungicides, sticking agents, organic plant growth promoters, and animal repellents; and agro chemicals, such as pesticides, fungicides, herbicides/weedicides, and plant growth regulators. The company provides fertilizers, which include organic and chemical fertilizers, soil conditioners, and water soluble fertilizers; field crops and vegetable seeds, and household products. It exports a range of grains, seeds, knapsack sprayers, and farm equipment to approximately 15 countries, including the United Arab Emirates, Zambia, Libya, Egypt, Nepal, Bangladesh, Tanzania, Uganda, Togo, Indonesia, Sri Lanka, Yemen, Malavi, Ivory Coast, and Kenya. The company was formerly known as Sikko Sprayers Limited and changed its name to Sikko Industries Limited in March 2010. Sikko Industries Limited was founded in 1997 and is based in Ahmedabad, India.

Fundamental data was last updated by Penke on 2024-03-24 13:25:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is overpriced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Sikko Industries Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Sikko Industries Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Sikko Industries Limited to the Agricultural Inputs industry mean.
  • A Net Profit Margin of 5.8% means that ₹0.06 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Sikko Industries Limited:

  • The MRQ is 5.8%. The company is making a profit. +1
  • The TTM is 5.8%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ5.8%TTM5.8%0.0%
TTM5.8%YOY3.7%+2.2%
TTM5.8%5Y6.6%-0.8%
5Y6.6%10Y5.1%+1.5%
Compared to industry (Agricultural Inputs)
PeriodCompanyIndustry (mean)+/- 
MRQ5.8%4.9%+0.9%
TTM5.8%4.6%+1.2%
YOY3.7%7.8%-4.1%
5Y6.6%5.1%+1.5%
10Y5.1%4.5%+0.6%
1.1.2. Return on Assets

Shows how efficient Sikko Industries Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Sikko Industries Limited to the Agricultural Inputs industry mean.
  • 6.4% Return on Assets means that Sikko Industries Limited generated ₹0.06 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Sikko Industries Limited:

  • The MRQ is 6.4%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 6.4%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ6.4%TTM6.4%0.0%
TTM6.4%YOY5.1%+1.2%
TTM6.4%5Y6.2%+0.2%
5Y6.2%10Y4.5%+1.6%
Compared to industry (Agricultural Inputs)
PeriodCompanyIndustry (mean)+/- 
MRQ6.4%1.0%+5.4%
TTM6.4%1.2%+5.2%
YOY5.1%2.3%+2.8%
5Y6.2%1.3%+4.9%
10Y4.5%1.2%+3.3%
1.1.3. Return on Equity

Shows how efficient Sikko Industries Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Sikko Industries Limited to the Agricultural Inputs industry mean.
  • 12.1% Return on Equity means Sikko Industries Limited generated ₹0.12 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Sikko Industries Limited:

  • The MRQ is 12.1%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 12.1%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ12.1%TTM12.1%0.0%
TTM12.1%YOY8.9%+3.3%
TTM12.1%5Y13.2%-1.1%
5Y13.2%10Y10.4%+2.8%
Compared to industry (Agricultural Inputs)
PeriodCompanyIndustry (mean)+/- 
MRQ12.1%2.0%+10.1%
TTM12.1%2.4%+9.7%
YOY8.9%5.0%+3.9%
5Y13.2%2.6%+10.6%
10Y10.4%2.6%+7.8%

1.2. Operating Efficiency of Sikko Industries Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Sikko Industries Limited is operating .

  • Measures how much profit Sikko Industries Limited makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Sikko Industries Limited to the Agricultural Inputs industry mean.
  • An Operating Margin of 8.6% means the company generated ₹0.09  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Sikko Industries Limited:

  • The MRQ is 8.6%. The company is operating less efficient.
  • The TTM is 8.6%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ8.6%TTM8.6%0.0%
TTM8.6%YOY10.5%-1.9%
TTM8.6%5Y10.6%-2.0%
5Y10.6%10Y10.1%+0.5%
Compared to industry (Agricultural Inputs)
PeriodCompanyIndustry (mean)+/- 
MRQ8.6%8.5%+0.1%
TTM8.6%6.2%+2.4%
YOY10.5%10.4%+0.1%
5Y10.6%7.7%+2.9%
10Y10.1%5.5%+4.6%
1.2.2. Operating Ratio

Measures how efficient Sikko Industries Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Agricultural Inputs industry mean).
  • An Operation Ratio of 1.00 means that the operating costs are ₹1.00 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Sikko Industries Limited:

  • The MRQ is 1.005. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.005. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.005TTM1.0050.000
TTM1.005YOY0.897+0.108
TTM1.0055Y0.927+0.077
5Y0.92710Y0.920+0.007
Compared to industry (Agricultural Inputs)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0051.552-0.547
TTM1.0051.609-0.604
YOY0.8971.453-0.556
5Y0.9271.574-0.647
10Y0.9201.260-0.340

1.3. Liquidity of Sikko Industries Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Sikko Industries Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Agricultural Inputs industry mean).
  • A Current Ratio of 2.01 means the company has ₹2.01 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Sikko Industries Limited:

  • The MRQ is 2.006. The company is able to pay all its short-term debts. +1
  • The TTM is 2.006. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.006TTM2.0060.000
TTM2.006YOY2.231-0.224
TTM2.0065Y1.816+0.190
5Y1.81610Y1.586+0.230
Compared to industry (Agricultural Inputs)
PeriodCompanyIndustry (mean)+/- 
MRQ2.0061.653+0.353
TTM2.0061.653+0.353
YOY2.2311.690+0.541
5Y1.8161.769+0.047
10Y1.5861.569+0.017
1.3.2. Quick Ratio

Measures if Sikko Industries Limited is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Sikko Industries Limited to the Agricultural Inputs industry mean.
  • A Quick Ratio of 1.24 means the company can pay off ₹1.24 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Sikko Industries Limited:

  • The MRQ is 1.237. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.237. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.237TTM1.2370.000
TTM1.237YOY1.332-0.095
TTM1.2375Y1.032+0.205
5Y1.03210Y0.748+0.284
Compared to industry (Agricultural Inputs)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2370.578+0.659
TTM1.2370.684+0.553
YOY1.3320.711+0.621
5Y1.0320.772+0.260
10Y0.7480.766-0.018

1.4. Solvency of Sikko Industries Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Sikko Industries Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Sikko Industries Limited to Agricultural Inputs industry mean.
  • A Debt to Asset Ratio of 0.48 means that Sikko Industries Limited assets are financed with 47.7% credit (debt) and the remaining percentage (100% - 47.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Sikko Industries Limited:

  • The MRQ is 0.477. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.477. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.477TTM0.4770.000
TTM0.477YOY0.423+0.054
TTM0.4775Y0.522-0.046
5Y0.52210Y0.590-0.068
Compared to industry (Agricultural Inputs)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4770.443+0.034
TTM0.4770.444+0.033
YOY0.4230.451-0.028
5Y0.5220.473+0.049
10Y0.5900.476+0.114
1.4.2. Debt to Equity Ratio

Measures if Sikko Industries Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Sikko Industries Limited to the Agricultural Inputs industry mean.
  • A Debt to Equity ratio of 91.1% means that company has ₹0.91 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Sikko Industries Limited:

  • The MRQ is 0.911. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.911. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.911TTM0.9110.000
TTM0.911YOY0.733+0.177
TTM0.9115Y1.126-0.215
5Y1.12610Y1.584-0.459
Compared to industry (Agricultural Inputs)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9110.800+0.111
TTM0.9110.800+0.111
YOY0.7330.867-0.134
5Y1.1261.001+0.125
10Y1.5841.032+0.552

2. Market Valuation of Sikko Industries Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings Sikko Industries Limited generates.

  • Above 15 is considered overpriced but always compare Sikko Industries Limited to the Agricultural Inputs industry mean.
  • A PE ratio of 45.83 means the investor is paying ₹45.83 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Sikko Industries Limited:

  • The EOD is 39.263. Based on the earnings, the company is overpriced. -1
  • The MRQ is 45.826. Based on the earnings, the company is overpriced. -1
  • The TTM is 45.826. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD39.263MRQ45.826-6.563
MRQ45.826TTM45.8260.000
TTM45.826YOY48.775-2.949
TTM45.8265Y40.477+5.349
5Y40.47710Y25.796+14.681
Compared to industry (Agricultural Inputs)
PeriodCompanyIndustry (mean)+/- 
EOD39.2638.982+30.281
MRQ45.8269.038+36.788
TTM45.82610.477+35.349
YOY48.7758.764+40.011
5Y40.47712.981+27.496
10Y25.79619.959+5.837
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Sikko Industries Limited:

  • The EOD is -18.474. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -21.562. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -21.562. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-18.474MRQ-21.562+3.088
MRQ-21.562TTM-21.5620.000
TTM-21.562YOY15.897-37.460
TTM-21.5625Y-60.470+38.908
5Y-60.47010Y-31.809-28.661
Compared to industry (Agricultural Inputs)
PeriodCompanyIndustry (mean)+/- 
EOD-18.4740.533-19.007
MRQ-21.5620.595-22.157
TTM-21.562-1.396-20.166
YOY15.8970.648+15.249
5Y-60.470-0.014-60.456
10Y-31.8090.142-31.951
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Sikko Industries Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Agricultural Inputs industry mean).
  • A PB ratio of 5.57 means the investor is paying ₹5.57 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Sikko Industries Limited:

  • The EOD is 4.770. Based on the equity, the company is fair priced.
  • The MRQ is 5.567. Based on the equity, the company is overpriced. -1
  • The TTM is 5.567. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD4.770MRQ5.567-0.797
MRQ5.567TTM5.5670.000
TTM5.567YOY4.325+1.242
TTM5.5675Y4.998+0.569
5Y4.99810Y3.038+1.959
Compared to industry (Agricultural Inputs)
PeriodCompanyIndustry (mean)+/- 
EOD4.7701.381+3.389
MRQ5.5671.520+4.047
TTM5.5671.657+3.910
YOY4.3252.385+1.940
5Y4.9981.988+3.010
10Y3.0382.682+0.356
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Sikko Industries Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--1.5721.5720%1.483+6%1.389+13%1.168+35%
Book Value Per Share--14.17314.1730%12.601+12%11.274+26%7.702+84%
Current Ratio--2.0062.0060%2.231-10%1.816+10%1.586+26%
Debt To Asset Ratio--0.4770.4770%0.423+13%0.522-9%0.590-19%
Debt To Equity Ratio--0.9110.9110%0.733+24%1.126-19%1.584-43%
Dividend Per Share--0.1500.1500%0.1500%0.060+150%0.030+400%
Eps--1.7221.7220%1.117+54%1.396+23%0.844+104%
Free Cash Flow Per Share---3.659-3.6590%3.428-207%-0.169-95%-0.122-97%
Free Cash Flow To Equity Per Share--0.0810.0810%0.043+87%0.026+214%0.171-53%
Gross Profit Margin--0.5910.5910%0.709-17%0.787-25%2.589-77%
Intrinsic Value_10Y_max---3.443--------
Intrinsic Value_10Y_min---6.104--------
Intrinsic Value_1Y_max---0.159--------
Intrinsic Value_1Y_min---0.283--------
Intrinsic Value_3Y_max---0.620--------
Intrinsic Value_3Y_min---1.141--------
Intrinsic Value_5Y_max---1.252--------
Intrinsic Value_5Y_min---2.309--------
Market Cap1135680000.000-17%1325520000.0001325520000.0000%915516000.000+45%912103848.000+45%521571924.000+154%
Net Profit Margin--0.0580.0580%0.037+58%0.066-12%0.051+14%
Operating Margin--0.0860.0860%0.105-18%0.106-19%0.101-14%
Operating Ratio--1.0051.0050%0.897+12%0.927+8%0.920+9%
Pb Ratio4.770-17%5.5675.5670%4.325+29%4.998+11%3.038+83%
Pe Ratio39.263-17%45.82645.8260%48.775-6%40.477+13%25.796+78%
Price Per Share67.600-17%78.90078.9000%54.495+45%54.126+46%30.963+155%
Price To Free Cash Flow Ratio-18.474+14%-21.562-21.5620%15.897-236%-60.470+180%-31.809+48%
Price To Total Gains Ratio39.263-17%45.82645.8260%33.379+37%37.294+23%32.950+39%
Quick Ratio--1.2371.2370%1.332-7%1.032+20%0.748+65%
Return On Assets--0.0640.0640%0.051+24%0.062+3%0.045+41%
Return On Equity--0.1210.1210%0.089+37%0.132-8%0.104+17%
Total Gains Per Share--1.7221.7220%1.633+5%1.449+19%1.198+44%
Usd Book Value--2857224.0002857224.0000%2540364.000+12%2287625.297+25%1560065.825+83%
Usd Book Value Change Per Share--0.0190.0190%0.018+6%0.017+13%0.014+35%
Usd Book Value Per Share--0.1700.1700%0.151+12%0.135+26%0.092+84%
Usd Dividend Per Share--0.0020.0020%0.0020%0.001+150%0.000+400%
Usd Eps--0.0210.0210%0.013+54%0.017+23%0.010+104%
Usd Free Cash Flow---737688.000-737688.0000%691068.000-207%-34183.742-95%-24557.933-97%
Usd Free Cash Flow Per Share---0.044-0.0440%0.041-207%-0.002-95%-0.001-97%
Usd Free Cash Flow To Equity Per Share--0.0010.0010%0.001+87%0.000+214%0.002-53%
Usd Market Cap13628160.000-17%15906240.00015906240.0000%10986192.000+45%10945246.176+45%6258863.088+154%
Usd Price Per Share0.811-17%0.9470.9470%0.654+45%0.650+46%0.372+155%
Usd Profit--347100.000347100.0000%225240.000+54%293720.430+18%180298.975+93%
Usd Revenue--5935428.0005935428.0000%6095772.000-3%4728065.177+26%3366013.961+76%
Usd Total Gains Per Share--0.0210.0210%0.020+5%0.017+19%0.014+44%
 EOD+3 -5MRQTTM+0 -0YOY+21 -135Y+24 -1210Y+24 -12

3.2. Fundamental Score

Let's check the fundamental score of Sikko Industries Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1539.263
Price to Book Ratio (EOD)Between0-14.770
Net Profit Margin (MRQ)Greater than00.058
Operating Margin (MRQ)Greater than00.086
Quick Ratio (MRQ)Greater than11.237
Current Ratio (MRQ)Greater than12.006
Debt to Asset Ratio (MRQ)Less than10.477
Debt to Equity Ratio (MRQ)Less than10.911
Return on Equity (MRQ)Greater than0.150.121
Return on Assets (MRQ)Greater than0.050.064
Total7/10 (70.0%)

3.3. Technical Score

Let's check the technical score of Sikko Industries Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5035.555
Ma 20Greater thanMa 5074.590
Ma 50Greater thanMa 10079.637
Ma 100Greater thanMa 20078.623
OpenGreater thanClose69.950
Total3/5 (60.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-03-312020-03-312021-03-312022-03-312023-03-31
Long-term Assets Other  1,01001,01001,010921,102-48,700-47,598



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets454,951
Total Liabilities216,849
Total Stockholder Equity238,102
 As reported
Total Liabilities 216,849
Total Stockholder Equity+ 238,102
Total Assets = 454,951

Assets

Total Assets454,951
Total Current Assets406,132
Long-term Assets48,820
Total Current Assets
Cash And Cash Equivalents 4,865
Short-term Investments 3,550
Net Receivables 242,050
Inventory 84,602
Other Current Assets 74,615
Total Current Assets  (as reported)406,132
Total Current Assets  (calculated)409,682
+/- 3,550
Long-term Assets
Property Plant Equipment 47,355
Intangible Assets 243
Other Assets -1
Long-term Assets  (as reported)48,820
Long-term Assets  (calculated)47,597
+/- 1,223

Liabilities & Shareholders' Equity

Total Current Liabilities202,439
Long-term Liabilities14,410
Total Stockholder Equity238,102
Total Current Liabilities
Short-term Debt 71,733
Short Long Term Debt 71,733
Accounts payable 57,910
Other Current Liabilities 57,113
Total Current Liabilities  (as reported)202,439
Total Current Liabilities  (calculated)258,489
+/- 56,050
Long-term Liabilities
Long term Debt Total 14,410
Long-term Liabilities  (as reported)14,410
Long-term Liabilities  (calculated)14,410
+/-0
Total Stockholder Equity
Common Stock168,000
Retained Earnings 70,102
Total Stockholder Equity (as reported)238,102
Total Stockholder Equity (calculated)238,102
+/-0
Other
Capital Stock168,000
Cash And Equivalents4,865
Cash and Short Term Investments 4,865
Common Stock Shares Outstanding 16,800
Current Deferred Revenue15,683
Liabilities and Stockholders Equity 454,951
Net Debt 81,279
Net Invested Capital 324,246
Net Working Capital 203,693
Property Plant and Equipment Gross 128,363
Short Long Term Debt Total 86,144



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-31
> Total Assets 
115,361
107,954
151,534
152,345
215,049
215,478
266,764
335,662
389,200
446,506
366,958
454,951
454,951366,958446,506389,200335,662266,764215,478215,049152,345151,534107,954115,361
   > Total Current Assets 
50,965
53,922
72,657
82,245
152,793
183,260
225,008
296,658
353,259
412,506
333,067
406,132
406,132333,067412,506353,259296,658225,008183,260152,79382,24572,65753,92250,965
       Cash And Cash Equivalents 
5,697
472
6,444
1,067
954
25,995
1,029
32,550
4,292
1,360
2,029
4,865
4,8652,0291,3604,29232,5501,02925,9959541,0676,4444725,697
       Short-term Investments 
0
0
0
0
0
0
366
0
105
472
229
3,550
3,5502294721050366000000
       Net Receivables 
0
0
0
0
81,136
53,585
94,724
122,120
192,633
214,730
196,690
242,050
242,050196,690214,730192,633122,12094,72453,58581,1360000
       Inventory 
22,249
28,989
26,608
46,684
61,780
55,626
88,809
80,300
97,555
106,658
73,008
84,602
84,60273,008106,65897,55580,30088,80955,62661,78046,68426,60828,98922,249
       Other Current Assets 
23,019
24,461
39,605
34,494
90,059
101,640
134,805
183,808
58,673
382
60,889
74,615
74,61560,88938258,673183,808134,805101,64090,05934,49439,60524,46123,019
   > Long-term Assets 
64,395
54,033
78,877
70,099
62,255
32,218
41,756
39,004
35,941
33,999
33,891
48,820
48,82033,89133,99935,94139,00441,75632,21862,25570,09978,87754,03364,395
       Property Plant Equipment 
63,512
52,952
51,808
43,002
35,163
30,671
39,844
37,218
34,444
32,778
32,594
47,355
47,35532,59432,77834,44437,21839,84430,67135,16343,00251,80852,95263,512
       Intangible Assets 
0
0
0
0
0
258
1,069
776
488
212
195
243
2431952124887761,06925800000
       Long-term Assets Other 
883
1,081
27,069
27,097
27,092
4
843
1,010
1,010
1,010
1,102
-47,598
-47,5981,1021,0101,0101,010843427,09227,09727,0691,081883
> Total Liabilities 
84,933
66,003
96,827
98,260
161,523
152,363
145,320
192,605
221,805
253,579
155,261
216,849
216,849155,261253,579221,805192,605145,320152,363161,52398,26096,82766,00384,933
   > Total Current Liabilities 
60,962
46,870
77,752
86,494
153,221
81,481
136,222
187,094
218,059
251,731
149,314
202,439
202,439149,314251,731218,059187,094136,22281,481153,22186,49477,75246,87060,962
       Short-term Debt 
35,583
29,957
44,792
41,510
47,063
8,174
38,703
87,772
63,444
66,489
10,489
71,733
71,73310,48966,48963,44487,77238,7038,17447,06341,51044,79229,95735,583
       Short Long Term Debt 
0
0
0
0
0
0
38,703
87,772
63,444
66,489
10,489
71,733
71,73310,48966,48963,44487,77238,703000000
       Accounts payable 
10,973
6,746
20,001
28,347
88,910
61,849
74,642
49,999
89,844
94,808
57,335
57,910
57,91057,33594,80889,84449,99974,64261,84988,91028,34720,0016,74610,973
       Other Current Liabilities 
14,406
10,167
12,959
16,637
17,248
11,458
22,877
32,978
26,079
26,337
28,321
57,113
57,11328,32126,33726,07932,97822,87711,45817,24816,63712,95910,16714,406
   > Long-term Liabilities 
23,971
19,133
19,075
11,766
8,302
70,881
9,098
5,511
3,746
1,849
5,947
14,410
14,4105,9471,8493,7465,5119,09870,8818,30211,76619,07519,13323,971
       Long term Debt Total 
0
0
0
0
48,591
758
4,870
4,296
2,866
1,314
5,877
14,410
14,4105,8771,3142,8664,2964,87075848,5910000
       Other Liabilities 
0
0
0
0
0
0
4,229
1,215
880
535
70
0
0705358801,2154,229000000
> Total Stockholder Equity
30,428
41,951
54,707
54,085
53,526
63,116
121,444
143,058
167,394
192,926
211,697
238,102
238,102211,697192,926167,394143,058121,44463,11653,52654,08554,70741,95130,428
   Common Stock
20,000
20,000
20,000
20,000
20,000
40,000
56,000
56,000
56,000
112,000
112,000
168,000
168,000112,000112,00056,00056,00056,00040,00020,00020,00020,00020,00020,000
   Retained Earnings 
10,428
21,951
34,707
34,085
33,526
23,116
34,905
56,518
80,855
80,926
99,697
70,102
70,10299,69780,92680,85556,51834,90523,11633,52634,08534,70721,95110,428
   Capital Surplus 000000000000
   Treasury Stock000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
30,539
30,539
30,539
0
99,697
0
099,697030,53930,53930,539000000



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue494,619
Cost of Revenue-410,409
Gross Profit84,21084,210
 
Operating Income (+$)
Gross Profit84,210
Operating Expense-86,441
Operating Income42,169-2,231
 
Operating Expense (+$)
Research Development33
Selling General Administrative3,858
Selling And Marketing Expenses11,843
Operating Expense86,44115,734
 
Net Interest Income (+$)
Interest Income4,424
Interest Expense-3,739
Other Finance Cost-5,025
Net Interest Income-4,340
 
Pretax Income (+$)
Operating Income42,169
Net Interest Income-4,340
Other Non-Operating Income Expenses0
Income Before Tax (EBT)40,53043,808
EBIT - interestExpense = 38,905
40,530
32,664
Interest Expense3,739
Earnings Before Interest and Taxes (EBIT)42,64444,269
Earnings Before Interest and Taxes (EBITDA)48,542
 
After tax Income (+$)
Income Before Tax40,530
Tax Provision-11,605
Net Income From Continuing Ops28,92528,925
Net Income28,925
Net Income Applicable To Common Shares28,925
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses496,850
Total Other Income/Expenses Net-1,6394,340
 

Technical Analysis of Sikko Industries Limited
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Sikko Industries Limited. The general trend of Sikko Industries Limited is BEARISH with 14.3% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Sikko Industries Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-14.3%) Bearish trend (14.3%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Sikko Industries Limited.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 75.05 < 77.00 < 92.30.

The bearish price targets are: 63.10 > 61.95 > 58.60.

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Sikko Industries Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Sikko Industries Limited. The current mas is .

The long score for the Moving Averages is 6/14.
The longshort score for the Moving Averages is -2/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Sikko Industries Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Sikko Industries Limited. The current macd is -3.44981108.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Sikko Industries Limited price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Sikko Industries Limited. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Sikko Industries Limited price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Sikko Industries Limited Daily Moving Average Convergence/Divergence (MACD) ChartSikko Industries Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Sikko Industries Limited. The current adx is 27.79.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Sikko Industries Limited shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
Sikko Industries Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Sikko Industries Limited. The current sar is 72.00.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Sikko Industries Limited Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Sikko Industries Limited. The current rsi is 35.55. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Sikko Industries Limited Daily Relative Strength Index (RSI) ChartSikko Industries Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Sikko Industries Limited. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Sikko Industries Limited price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
Sikko Industries Limited Daily Stochastic Oscillator ChartSikko Industries Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Sikko Industries Limited. The current cci is -81.85017597.

Sikko Industries Limited Daily Commodity Channel Index (CCI) ChartSikko Industries Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Sikko Industries Limited. The current cmo is -34.45700049.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Sikko Industries Limited Daily Chande Momentum Oscillator (CMO) ChartSikko Industries Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Sikko Industries Limited. The current willr is -73.29376855.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Sikko Industries Limited is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Sikko Industries Limited Daily Williams %R ChartSikko Industries Limited Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Sikko Industries Limited.

Sikko Industries Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Sikko Industries Limited. The current atr is 4.10198207.

Sikko Industries Limited Daily Average True Range (ATR) ChartSikko Industries Limited Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Sikko Industries Limited. The current obv is 7,257,992.

Sikko Industries Limited Daily On-Balance Volume (OBV) ChartSikko Industries Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Sikko Industries Limited. The current mfi is 17.15.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -2/(-2 +2).

  • MFI < 50: -1
  • MFI < 20: -1
Sikko Industries Limited Daily Money Flow Index (MFI) ChartSikko Industries Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Sikko Industries Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-22CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-23CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-24WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-22ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-27RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-09CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-11CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-06WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-07SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-09STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-23SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-12BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-03-18ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-19MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Sikko Industries Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Sikko Industries Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5035.555
Ma 20Greater thanMa 5074.590
Ma 50Greater thanMa 10079.637
Ma 100Greater thanMa 20078.623
OpenGreater thanClose69.950
Total3/5 (60.0%)
Penke

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