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Has Public Joint Stock Company Uniform Techno Systems (MCX:UTSY) Improved Earnings Growth In Recent Times?

Measuring Public Joint Stock Company Uniform Techno Systems’s (MISX:UTSY) track record of past performance is a useful exercise for investors. It enables us to understand whether or not the company has met or exceed expectations, which is an insightful signal for future performance. Today I will assess UTSY’s recent performance announced on 30 June 2015 and weigh these figures against its long-term trend and industry movements. View our latest analysis for Uniform Techno Systems

How UTSY fared against its long-term earnings performance and its industry

To account for any quarterly or half-yearly updates, I use data from the most recent 12 months, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data. This method enables me to examine various companies in a uniform manner using the latest information. For Uniform Techno Systems, its most recent earnings (trailing twelve month) is RUРУБ5.55M, which, in comparison to the prior year’s level, has rocketed up by over 100%. Given that these values may be fairly myopic, I’ve calculated an annualized five-year figure for Uniform Techno Systems’s earnings, which stands at RUРУБ3.42M This shows that, on average, Uniform Techno Systems has been able to consistently grow its profits over the past couple of years as well.

MISX:UTSY Income Statement May 22nd 18
MISX:UTSY Income Statement May 22nd 18

What’s enabled this growth? Let’s take a look at whether it is solely because of an industry uplift, or if Uniform Techno Systems has experienced some company-specific growth. In the last few years, Uniform Techno Systems increased its bottom line faster than revenue by effectively controlling its costs. This brought about a margin expansion and profitability over time. Inspecting growth from a sector-level, the RU machinery industry has been growing growth, more than doubling average earnings over the previous year, . This is a a strong change from a volatile drop of -9.33% in the previous couple of years. This suggests that, in the recent industry expansion, Uniform Techno Systems has not been able to reap as much as its average peer.

What does this mean?

Though Uniform Techno Systems’s past data is helpful, it is only one aspect of my investment thesis. While Uniform Techno Systems has a good historical track record with positive growth and profitability, there’s no certainty that this will extrapolate into the future. You should continue to research Uniform Techno Systems to get a more holistic view of the stock by looking at: