Namo eWaste (NAMOEWASTE)

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

Key Financials

Strengths

• 30.66% sales growth and 30.90% profit growth show strong compounding momentum.
• ROCE of 19.08% indicates efficient capital deployment.
• Piotroski F-Score of 7/9 points to sound fundamentals and low near-term distress risk.
• Promoter holding of 69.05% aligns management with minority shareholders.
• PEG of 1.28 suggests the valuation is not excessively stretched relative to its growth rate.

Concerns

• P/E of 39.32 is rich; any growth slowdown would compress the multiple.
• No book value, ROE, or debt/equity data is available — transparency is insufficient for a thorough value assessment.
• Latest quarter net profit of ₹7 Cr appears inconsistent with the P/E-implied trailing earnings of roughly ₹10 Cr; earnings quality needs clarity.
• No dividend and a price about 42% below the 52-week high suggest the market may be questioning the story.

AI Analysis

Let me look at Namo eWaste as a business, not a ticker. It has grown sales by 30.66% and profits by 30.90% — that is the kind of compounding that draws my attention. ROCE at 19.08% is respectable; it tells me existing capital is being put to work reasonably well. A Piotroski score of 7 out of 9 also suggests the balance sheet and operations are sound. Promoters owning 69.05% aligns their interest with mine. But I am not going to pay any price for a good business. At ₹184.70, the P/E of 39.32 implies the market expects this 30% growth to continue for a long time. The PEG of 1.28 is not outrageous, but it leaves little margin for error. I am troubled by what I cannot see: no book value, no debt-to-equity, no ROE. A business that does not disclose these numbers is not something Graham would call attractive. The latest quarter shows sales of ₹87 Cr and net profit of ₹7 Cr, yet the stated P/E suggests trailing earnings of roughly ₹10 Cr; I need to understand that inconsistency before I can value the stock. Also, the share price is far below its 52-week high of ₹319.40 — maybe Mr. Market has sobered up. There is no dividend, so my only return must come from future earnings growth and eventually a reasonable exit price. This is a fast grower in a promising waste-management space, but I would need clearer financial reporting and a lower price to build a margin of safety. I will watch it, not chase it.

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