Dec 15, 2014

Zicom Electronic Security Systems Ltd: Value and Grwoth Stock

Recently SEBI has barred anyone publishing any recommendation without registering as Research Analyst. I do not know how much is allowed to post which wont look like a Research Analyst. I think, my uncooked post may not be looking like a Research Analyst job! and SEBI wont catch me.

Zicom Electronic Security Systems Ltd is in security system manufacturing and services. It has training division as well with its subsidiary.

It has its run after recent quarter result but still it is running at PE = 5.

P/S: 0.26
P/B: 0.92
Debt/Equity: 1.55. It is high and I can recall Stylam Ind which has not gained. But there it is 2 which is very high.

CMP: Rs. 157.30

Seeing the security concerns these days all apartments are equipped with security system and new apartments are having more rigorous security systems installed. Private homes also started installing these security systems. Shops and Mall are surely having this. Schools and Colleges are adding more and more security arrangements in recent times and it is poised to go up in big way.

It started taking contracts as well for security where it will install security products and manage it.

Read more here. It is an old article but still relevant.

Few ratio here at Indiainfoline.