Mystic Electron. (535205)

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

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

At ₹4.69, Mystic Electron is a micro-cap with a market cap of just ₹9 Cr. The first thing that catches my eye is the balance sheet: book value is ₹13.70, so the stock trades at 0.34 times book—a deep discount. The P/E of 7.33 also looks cheap. But Graham taught me that a bargain must be tested with questions. The latest quarter shows sales of ₹0 Cr and net profit of ₹0 Cr. That is a red flag. A company with no current revenue or profit cannot be judged on trailing multiples; the earnings power is not visible. ROE is only 2.98% and ROCE is 3.87%, meaning the assets earn very little. The 102.38% profit growth may look attractive, but with 0.00% sales growth, it is probably a base-effect artifact. There is no dividend, so the investor's only return is from a re-rating or asset realisation. Promoter holding is not disclosed, which worries me; in a small trading company, promoter alignment matters enormously. On a positive note, the Piotroski F-Score of 6/9 suggests the company is not in obvious financial distress, and the PEG ratio of 0.07 is low—but only if the profit growth is sustainable, which the zero quarter makes doubtful. I would not call this a growing enterprise; it looks more like a potential asset play. At ₹4.69, the market is pricing in little hope beyond the book value. If the ₹13.70 book value is real, liquid, and honestly stated, there is a margin of safety. But low ROE and zero quarterly activity tell me this is not a compounding machine. I would want to see the full balance sheet and understand what those assets are before acting.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

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