FM

Kandal M Venture Limited

FMFCConsumer CyclicalNASDAQ

Footwear & Accessories · Last scanned Sep 8, 2026

PriceMA150MA200
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Financials · Annual
Revenue
$17.1M
-0.3% YoY
Net Income
$235,625
+12.4% YoY
EBITDA
$833,869
-22.3% YoY
Free Cash Flow
$3.6M

Scan Results

Daily timeframe
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DateIndicatorDetails
Sep 3 MACD Negative CrossoverHistogram -0.0012, negative momentum
Sep 2 MACD Positive CrossoverHistogram +0.0004, positive momentum
About Kandal M Venture Limited

Headquartered within the consumer cyclical sector, Kandal M Venture Limited focuses on Footwear & Accessories services and products. Kandal M Venture Limited, through its subsidiaries, manufactures, trades in, and sells handbags in the United States, Europe, Canada, Japan, and internationally. At a $3.7M market cap, Kandal M Venture Limited ranks as a micro-cap company within consumer cyclical. It offers shoulder bags, crossbody bags, tote bags, backpacks, top-handle handbags, and satchels; accessories; and other smaller leather goods, such as wallets.

Where FMFC stands vs its 150-day and 200-day moving averages

As of the September 3, 2026 close, FMFC finished 42.86% below its 150-day moving average ($0.35) and 45.95% below its 200-day moving average ($0.37). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.

Is FMFC overbought or oversold?

At the September 3, 2026 close, FMFC's RSI(14) was 31.3, in neutral territory (between 30 and 70). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.

Key stats
Market Cap$3.7M
P/E (TTM)20.05
EPS$0.01
52W Change-98.2%
ROE5.6%
Analysis

The balance sheet looks solid with $3.7M in cash comfortably exceeding the $88K debt load. A net cash position generally provides financial flexibility during uncertain economic periods. The company generates $3.6M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. Return on equity stands at 5.6%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 1.9% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $13.5M (2023) to $17.1M (2026), reflecting a 27% increase over the period.

The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. No single metric tells the full story. Reviewing FMFC's risk profile alongside its fundamentals and technical indicators provides a more complete picture.

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