Himalayan Solar Stock Price Analysis and Quick Research Report. Is Himalayan Solar 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.
Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements.
Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Himalayan Solar.
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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). Himalayan Solar has a PE ratio of 8.98674455178612 which is low and comparatively undervalued.
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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. Himalayan Solar has ROA of 16.4155% which is a good sign for future performance. (Higher values are always desirable.)
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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. Himalayan Solar has a Current ratio of 1.4751.
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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. Himalayan Solar has a ROE of 56.3243%. (Higher is better)
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Debt to equity ratio: It is a good metric to check out the capital structure along with its performance. Himalayan Solar has a Debt to Equity ratio of 0.7698 which means that the company has low proportion of debt in its capital.
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Sales growth: Himalayan Solar has reported revenue growth of 19.5917% which is fair in relation to its growth and performance.
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Operating Margin: This will tell you about the operational efficiency of the company. The operating margin of Himalayan Solar for the current financial year is 17.4875193139497%.
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Dividend Yield: It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Himalayan Solar is Rs 0 and the yield is 0%.
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Earnings Per Share: It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Himalayan Solar is Rs 9.3471. The higher the EPS, the better it is for investors.
One can find all the Financial Ratios of Himalayan Solar in Ticker for free. Also, one can get the intrinsic value of Himalayan Solar by using Valuation Calculators, which are available with a Finology ONE subscription.
Himalayan Solar FAQs
Q1. What is Himalayan Solar share price today?
Ans: The current share price of Himalayan Solar is Rs 84.
Q2. What is the market capitalisation of Himalayan Solar?
Ans: Himalayan Solar has a market capitalisation of Rs 185.7214716 Cr., calculated based on its latest share price.
Q3. What are the P/E and P/B ratios of Himalayan Solar?
Ans: The PE ratio of Himalayan Solar is 8.98674455178612 and the P/B ratio of Himalayan Solar is 1.72600493555221, showing how the stock is valued against its earnings and book value.
Q4. What is the 52-week high and low of Himalayan Solar share?
Ans: The 52-week high share price of Himalayan Solar is Rs 93, and the 52-week low share price of Himalayan Solar is Rs 73.
Q5. Does Himalayan Solar pay dividends?
Ans: Currently, Himalayan Solar does not pay dividends. Dividend yield of Himalayan Solar is around 0%.
Q6. What are the face value and book value of Himalayan Solar shares?
Ans: The face value of Himalayan Solar shares is Rs 10, while the book value per share of Himalayan Solar is around Rs 48.6673. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.
Q7. What is the debt of Himalayan Solar?
Ans: Himalayan Solar has a total debt of Rs 36.1239 Cr., which affects investor sentiment and financial stability.
Q8. What are the ROE and ROCE of Himalayan Solar?
Ans: The ROE of Himalayan Solar is 56.3243% and ROCE of Himalayan Solar is 44.714%. ROE shows how efficiently the company is generating profit from shareholders’ equity, while the ROCE is reflects how efficiently the company uses its capital to generate returns.
Q9. Is Himalayan Solar a good buy for the long term?
Ans: The Himalayan Solar long-term outlook depends on debt levels, earnings growth, and sector trends. If it sustains profits and manages debt well, it may be considered for long-term investment.
Q10. Is Himalayan Solar undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Himalayan Solar appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.
Q11. How to check Himalayan Solar’s financials?
Ans: You can review Himalayan Solar’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.