Jet Knitwears Stock Price Analysis and Quick Research Report. Is Jet Knitwears 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 Jet Knitwears. 

• 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). Jet Knitwears has a PE ratio of 602.28166797797 which is high and comparatively 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. Jet Knitwears has ROA of 0.8627% 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. Jet Knitwears has a Current ratio of 2.2981.

• 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. Jet Knitwears has a ROE of 1.5004%. (Higher is better)

• Debt to equity ratio: It is a good metric to check out the capital structure along with its performance. Jet Knitwears has a Debt to Equity ratio of 0.569 which means that the company has low proportion of debt in its capital.

• Sales growth: Jet Knitwears has reported revenue growth of -13.9847% 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 Jet Knitwears for the current financial year is 7.52573659921903%.

• Dividend Yield: It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Jet Knitwears 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 Jet Knitwears is Rs 0.1271. The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Jet Knitwears in Ticker for free. Also, one can get the intrinsic value of Jet Knitwears by using Valuation Calculators, which are available with a Finology ONE subscription. 

Jet Knitwears FAQs

Q1. What is Jet Knitwears share price today?
Ans: The current share price of Jet Knitwears is Rs 76.55.

Q2. What is the market capitalisation of Jet Knitwears?
Ans: Jet Knitwears has a market capitalisation of Rs 33.737116 Cr., calculated based on its latest share price.

Q3. What are the P/E and P/B ratios of Jet Knitwears?
Ans: The PE ratio of Jet Knitwears is 602.28166797797 and the P/B ratio of Jet Knitwears is 1.47793617941431, showing how the stock is valued against its earnings and book value.

Q4. What is the 52-week high and low of Jet Knitwears share?
Ans: The 52-week high share price of Jet Knitwears is Rs 109, and the 52-week low share price of Jet Knitwears is Rs 76.55.

Q5. Does Jet Knitwears pay dividends?
Ans: Currently, Jet Knitwears does not pay dividends. Dividend yield of Jet Knitwears is around 0%.

Q6. What are the face value and book value of Jet Knitwears shares?
Ans: The face value of Jet Knitwears shares is Rs 10, while the book value per share of Jet Knitwears is around Rs 51.7952. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.

Q7. What is the debt of Jet Knitwears?
Ans: Jet Knitwears has a total debt of Rs 12.99 Cr., which affects investor sentiment and financial stability. 

Q8. What are the ROE and ROCE of Jet Knitwears?
Ans: The ROE of Jet Knitwears is 1.5004% and ROCE of Jet Knitwears is 4.854%. 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 Jet Knitwears a good buy for the long term?
Ans: The Jet Knitwears 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 Jet Knitwears undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Jet Knitwears appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.

Q11. How to check Jet Knitwears’s financials?
Ans: You can review Jet Knitwears’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.