ENXTPA:MLBAT Income Statement Mar 9th 18
What’s enabled this growth? Let’s take a look at whether it is only a result of an industry uplift, or if Batla Minerals has experienced some company-specific growth. Over the last couple of years, Batla Minerals grew its bottom line faster than revenue by successfully controlling its costs. This resulted in a margin expansion and profitability over time. Inspecting growth from a sector-level, the FR metals and mining industry has been enduring some headwinds over the previous few years, leading to an average earnings drop of -13.45% in the most recent year. This suggests that any headwind the industry is experiencing, it’s hitting Batla Minerals harder than its peers.
What does this mean?
Though Batla Minerals’s past data is helpful, it is only one aspect of my investment thesis. Companies that are profitable, but have unpredictable earnings, can have many factors influencing its business. I suggest you continue to research Batla Minerals to get a better picture of the stock by looking at:
- 1. Financial Health: Is MLBAT’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
- 2. Valuation: What is MLBAT worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether MLBAT is currently mispriced by the market.
- 3. Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here.
NB: Figures in this article are calculated using data from the trailing twelve months from 31 March 2017. This may not be consistent with full year annual report figures.
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.