York Exports (530675)

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

Key Financials

Strengths

• Price close to book value: P/B 1.13 with book value ₹33.85 against price ₹38.15
• Trailing P/E of 3.81 is statistically cheap if current earnings hold
• Sales growth of 30.46% shows top-line momentum
• Latest quarter is profitable: ₹15 Cr sales and ₹1 Cr net profit
• ROCE of 17% suggests decent operational capital efficiency

Concerns

• Profit growth collapsed -81.42% despite 30.46% sales growth, indicating severe margin pressure
• Piotroski F-Score of 4/9 points to weak financial health
• No dividend means total return depends entirely on uncertain capital appreciation
• Promoter holding and debt/equity are N/A, and price is below the stated 52-week range, raising transparency and data integrity concerns

AI Analysis

At first glance, York Exports looks like a classic Graham 'cigar butt'. The price of ₹38.15 is barely above the book value of ₹33.85, so the P/B is only 1.13, and the trailing P/E is 3.81. A ₹13 crore market cap means this is a microcap, so liquidity and information quality matter. But cheapness is not enough. Return on equity is just 7.11%, and while ROCE is 17%, the profit picture is disturbing: sales grew 30.46% but profit fell 81.42%. That gap tells me revenue is coming without earnings quality. The latest quarter, sales of ₹15 crore produced only ₹1 crore profit; if that annualises to roughly ₹4 crore, the P/E is low, but margins could easily be squeezed in this cyclical jewellery business. There is no dividend, so the small shareholder must rely entirely on capital appreciation. The Piotroski F-score of 4/9 is another warning: financial health is below average. Promoter holding and debt/equity are not disclosed, so I cannot assess skin in the game or leverage. Worse, the stock trades below the stated 52-week range of ₹49.60–₹79.00; that may be a data error, but if real, it suggests distress. In Buffett's language, this is not a wonderful business. Gems and jewellery is capital-intensive, competitive, and subject to changing tastes and gold price cycles; I see no durable moat. The asset base supports the price, but not enough margin of safety to call it a high-conviction investment. I would only consider it as a speculative cyclical watch, and I would demand proof that the profit decline is reversing before putting money at risk.

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