MIRC Electronics Stock Price Analysis and Quick Research Report. Is MIRC Electronics 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 MIRC Electronics.
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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). MIRC Electronics has a PE ratio of -52.6790646289818 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. MIRC Electronics has ROA of -0.4187% which is a bad 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. MIRC Electronics has a Current ratio of 1.0965.
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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. MIRC Electronics has a ROE of -1.8161%. (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. MIRC Electronics has a Debt to Equity ratio of 0.8105 which means that the company has low proportion of debt in its capital.
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Sales growth: MIRC Electronics has reported revenue growth of -22.8652% which is poor 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 MIRC Electronics for the current financial year is 1.06552549201639%.
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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 MIRC Electronics 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 MIRC Electronics is Rs -0.5431. The higher the EPS, the better it is for investors.
One can find all the Financial Ratios of MIRC Electronics in Ticker for free. Also, one can get the intrinsic value of MIRC Electronics by using Valuation Calculators, which are available with a Finology ONE subscription.
MIRC Electronics FAQs
Q1. What is MIRC Electronics share price today?
Ans: The current share price of MIRC Electronics is Rs 28.61.
Q2. What is the market capitalisation of MIRC Electronics?
Ans: MIRC Electronics has a market capitalisation of Rs 802.345889504 Cr., calculated based on its latest share price.
Q3. What are the P/E and P/B ratios of MIRC Electronics?
Ans: The PE ratio of MIRC Electronics is -52.6790646289818 and the P/B ratio of MIRC Electronics is 4.95128324939861, showing how the stock is valued against its earnings and book value.
Q4. What is the 52-week high and low of MIRC Electronics share?
Ans: The 52-week high share price of MIRC Electronics is Rs 30.47, and the 52-week low share price of MIRC Electronics is Rs 10.2583618149676.
Q5. Does MIRC Electronics pay dividends?
Ans: Currently, MIRC Electronics does not pay dividends. Dividend yield of MIRC Electronics is around 0%.
Q6. What are the face value and book value of MIRC Electronics shares?
Ans: The face value of MIRC Electronics shares is Rs 1, while the book value per share of MIRC Electronics is around Rs 5.7783. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.
Q7. What is the debt of MIRC Electronics?
Ans: MIRC Electronics has a total debt of Rs 101.3681 Cr., which affects investor sentiment and financial stability.
Q8. What are the ROE and ROCE of MIRC Electronics?
Ans: The ROE of MIRC Electronics is -1.8161% and ROCE of MIRC Electronics is 5.3686%. 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 MIRC Electronics a good buy for the long term?
Ans: The MIRC Electronics 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 MIRC Electronics undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the MIRC Electronics appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.
Q11. How to check MIRC Electronics’s financials?
Ans: You can review MIRC Electronics’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.