Classic net-net and investors investing

the stock was trading at a market cap of Rs 2.3 bn (Rs 22.5 per share) whereas its current assets less all liabilities and loans was itself a little over Rs 3 bn (Rs 30 per share). This means its entire fixed assets base of Rs 2.7 bn (Rs 26 per share) was being given zero valuation by Mr Market.

by Santosh Kr. Singh

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S.No. Name CMP Rs. P/E Mar Cap Rs.Cr. Div Yld % NP Qtr Rs.Cr. Qtr Profit Var % Sales Qtr Rs.Cr. Qtr Sales Var % ROCE % Cur Assets Rs.Cr. Cur Liab Rs.Cr. Cont Liab Rs.Cr.
1. Taparia Tools 12.140.1318.43411.8640.5131.70259.3915.8047.88458.1077.111.86
2. Aten Papers 25.304.7726.060.002.27-40.5866.7614.7743.8753.669.210.15
3. Nirman Agri 69.251.9655.472.8914.5827.34146.2330.0435.16115.382.150.00
4. Rose Merc. 65.0514.2738.660.183.582600.0017.351395.6932.0148.255.750.00
5. JMJ Fintech 15.764.9128.411.592.9777.846.3268.5331.2362.8727.570.12
6. James Warren Tea 359.757.20133.110.0020.89-44.3847.28-37.2824.27183.7019.940.30
7. P. H. Capital 195.6540.2158.700.13-0.90-107.9830.972.8221.7562.870.530.00
8. Interactive Fin 17.856.9912.370.001.1127.592.1218.4419.6921.882.091.49
9. Dolphin Kitchen Utensils 35.658.4847.260.003.54110.7124.878.9819.2772.7511.120.00
10. Rikhav Securitie 56.00214.440.0017.76-64.95379.91309.1216.68351.31111.900.00
11. Paramount Dye 47.354.9732.870.002.16-30.1030.90-4.2216.1276.2425.190.00
12. First Custodian 78.0027.8611.701.280.02-95.920.22-72.1514.8715.940.920.00
13. Jullundur Motor 79.056.47180.562.535.9840.87141.6511.7614.80297.3368.917.05
14. Osia Hyper Reta. 18.3413.31301.830.005.1055.49373.045.0114.72796.70223.823.99
15. Unilex Colour &C 37.0013.5850.380.001.49-64.4466.15-15.8813.6394.5532.740.02
S.No. Name CMP Rs. P/E Mar Cap Rs.Cr. Div Yld % NP Qtr Rs.Cr. Qtr Profit Var % Sales Qtr Rs.Cr. Qtr Sales Var % ROCE % Cur Assets Rs.Cr. Cur Liab Rs.Cr. Cont Liab Rs.Cr.
16. Resourceful Auto 53.206.5414.130.000.21130.888.120.0013.4331.713.600.00
17. Comfort Comtrade 18.5018.542.70-1.15-116.043.15-61.7712.7368.759.230.19
18. Gilada Finance 14.999.7521.060.000.573.641.738.1212.6931.780.000.21
19. Usha Financial 39.109.40169.990.009.3284.9234.3229.4612.38392.5229.330.00
20. Brightcom Group 11.192.792258.050.00233.0325.091643.9826.1912.328702.511485.040.00
21. Richa Info 69.706.9371.990.005.581197.6785.93706.8512.10141.3612.800.00
22. Manaksia 61.787.77404.870.0010.49180.86189.9912.1111.82671.6182.3043.08
23. Lamosaic India 36.2515.1137.480.00-7.93-292.4870.67103.5411.0589.9435.930.00
24. Vinyoflex 54.558.4723.560.000.60100.009.8510.6711.0230.282.440.00
25. GP Petroleums 35.196.60179.410.005.4712.78152.1621.6210.81328.1650.599.99

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Market capitalization > 500 AND Price to earning < 15 AND Return on capital employed > 22%