NewMalayalam Steel Stock Price Analysis and Quick Research Report. Is NewMalayalam Steel 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 NewMalayalam Steel.
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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). NewMalayalam Steel has a PE ratio of 12.9361034888279 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. NewMalayalam Steel has ROA of 4.2808% 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. NewMalayalam Steel has a Current ratio of 1.4508.
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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. NewMalayalam Steel has a ROE of 11.1344%. (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. NewMalayalam Steel has a Debt to Equity ratio of 1.4606 which means that the company has low proportion of debt in its capital.
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Sales growth: NewMalayalam Steel has reported revenue growth of -15.3997% 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 NewMalayalam Steel for the current financial year is 2.52165007665897%.
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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 NewMalayalam Steel 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 NewMalayalam Steel is Rs 2.551. The higher the EPS, the better it is for investors.
One can find all the Financial Ratios of NewMalayalam Steel in Ticker for free. Also, one can get the intrinsic value of NewMalayalam Steel by using Valuation Calculators, which are available with a Finology ONE subscription.
NewMalayalam Steel FAQs
Q1. What is NewMalayalam Steel share price today?
Ans: The current share price of NewMalayalam Steel is Rs 33.
Q2. What is the market capitalisation of NewMalayalam Steel?
Ans: NewMalayalam Steel has a market capitalisation of Rs 57.04908 Cr., calculated based on its latest share price.
Q3. What are the P/E and P/B ratios of NewMalayalam Steel?
Ans: The PE ratio of NewMalayalam Steel is 12.9361034888279 and the P/B ratio of NewMalayalam Steel is 0.728200330117483, showing how the stock is valued against its earnings and book value.
Q4. What is the 52-week high and low of NewMalayalam Steel share?
Ans: The 52-week high share price of NewMalayalam Steel is Rs 90, and the 52-week low share price of NewMalayalam Steel is Rs 23.35.
Q5. Does NewMalayalam Steel pay dividends?
Ans: Currently, NewMalayalam Steel does not pay dividends. Dividend yield of NewMalayalam Steel is around 0%.
Q6. What are the face value and book value of NewMalayalam Steel shares?
Ans: The face value of NewMalayalam Steel shares is Rs 10, while the book value per share of NewMalayalam Steel is around Rs 45.3172. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.
Q7. What is the debt of NewMalayalam Steel?
Ans: NewMalayalam Steel has a total debt of Rs 59.1115 Cr., which affects investor sentiment and financial stability.
Q8. What are the ROE and ROCE of NewMalayalam Steel?
Ans: The ROE of NewMalayalam Steel is 11.1344% and ROCE of NewMalayalam Steel is 10.9759%. 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 NewMalayalam Steel a good buy for the long term?
Ans: The NewMalayalam Steel 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 NewMalayalam Steel undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the NewMalayalam Steel appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.
Q11. How to check NewMalayalam Steel’s financials?
Ans: You can review NewMalayalam Steel’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.