Trustwave (508963)

Score breakdown: P/E: 0/3 · ROCE: 0/2 · Growth: 2/2 · Dividend: 0/1

Key Financials

Strengths

• Reported ROE of 16.10% is positive, though unverifiable without book value.
• Piotroski F-score of 5/9 suggests not every balance-sheet signal is negative.
• Profit growth of 50% indicates some momentum from a very negligible base.
• Tiny market cap of ₹20 Cr creates small speculative optionality if operations revive.

Concerns

• Latest quarter has sales of ₹0 Cr and net profit of ₹-0 Cr, so there is no visible operating business.
• ROCE of -51.43% implies severe capital destruction.
• Critical data missing: book value, debt/equity, promoter holding, P/B — disclosure is inadequate.
• Current price ₹30.09 appears far below the 52-week low of ₹272, suggesting bad data, corporate action, or extreme distress.

AI Analysis

Let me start with the obvious: a stock trading at ₹30.09 while its 52-week range is ₹272-₹584.80 is a giant red flag. Either the data is stale, there has been a corporate action, or something has gone catastrophically wrong. In any case, I need to understand before I invest, and I do not. The company is an NBFC, yet the latest quarter sales are ₹0 Cr and net profit is ₹-0 Cr. A financial company with no revenue and no earnings is not a business; it is a shell or a story. P/E is 0.00 because earnings are essentially zero. Profit growth of 50% sounds nice, but from a zero base, it is meaningless. ROE of 16.10% is a positive data point, but I cannot reconcile it with zero book value and zero profit. ROCE of -51.43% tells me the company is destroying capital at the operating level. No debt/equity, no promoter holding, no book value — this violates Graham's rule: never invest on information you cannot verify. The Piotroski F-score of 5/9 is mediocre; it does not compensate for the absence of fundamentals. A small market cap of ₹20 Cr can mean nimbleness, but for a retail investor it means no institutional oversight, low liquidity and high risk. I would call this a possible turnaround only if I could see real cash flows, tangible book value and believable management. Today, I see none. Price is not value; the discount to the 52-week range is a trap, not an opportunity. In Buffett's words: risk comes from not knowing what you are doing. Here I know too little. I pass.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer