Canarys Automations Stock Price Analysis and Quick Research Report. Is Canarys Automations an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

An easier way to determine a company's performance is to examine its financial ratios, which can help to make sense of the overwhelming amount of information in its financial statements. 

Canarys Automations stock price today is Rs 33. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Canarys Automations . 

• PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Canarys Automations has a PE ratio of 21.5264187866928 which is high and comparatively overvalued .

• Share Price: - The current share price of Canarys Automations is Rs 33. One can use valuation calculators of ticker to know if Canarys Automations share price is undervalued or overvalued.

• Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Canarys Automations has ROA of 11.3223 % which is a bad sign for future performance. (higher values are always desirable)

• Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Canarys Automations has a Current ratio of 3.4502 .

• Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Canarys Automations has a ROE of 19.5937 % .(higher is better)

• Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Canarys Automations has a Debt to Equity ratio of 0.0517 which means that the company has low proportion of debt in its capital.

• Sales growth: - Canarys Automations has reported revenue growth of 1.0403 % which is poor in relation to its growth and performance. 

• Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Canarys Automations for the current financial year is 14.8998692487576 %.

• Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Canarys Automations is Rs 0 and the yield is 0 %.

• Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Canarys Automations is Rs 1.533 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Canarys Automations in Ticker for free. Also, one can get the Intrinsic Value of Canarys Automations by using Valuation Calculators available with Finology ONE subscription.