Onix Solar Energy Stock Price Analysis and Quick Research Report. Is Onix Solar Energy 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 Onix Solar Energy. 

• 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). Onix Solar Energy has a PE ratio of 21.7764586118504 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. Onix Solar Energy has ROA of 7.1832% 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. Onix Solar Energy has a Current ratio of 8.0501.

• 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. Onix Solar Energy has a ROE of 7.7391%. (Higher is better)

• Debt to equity ratio: It is a good metric to check out the capital structure along with its performance. Onix Solar Energy has a Debt to Equity ratio of 0 which means that the company has low proportion of debt in its capital.

• Sales growth: Onix Solar Energy has reported revenue growth of 435.0243% which is fair in relation to its growth and performance. 

• Operating Margin: This will tell you about the operational efficiency of the company. The operating margin of Onix Solar Energy for the current financial year is 25.3042739881121%.

• Dividend Yield: It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Onix Solar Energy 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 Onix Solar Energy is Rs 16.3066. The higher the EPS, the better it is for investors. 

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

Onix Solar Energy FAQs

Q1. What is Onix Solar Energy share price today?
Ans: The current share price of Onix Solar Energy is Rs 355.1.

Q2. What is the market capitalisation of Onix Solar Energy?
Ans: Onix Solar Energy has a market capitalisation of Rs 1309.18005226 Cr., calculated based on its latest share price.

Q3. What are the P/E and P/B ratios of Onix Solar Energy?
Ans: The PE ratio of Onix Solar Energy is 21.7764586118504 and the P/B ratio of Onix Solar Energy is 1.53090633017481, showing how the stock is valued against its earnings and book value.

Q4. What is the 52-week high and low of Onix Solar Energy share?
Ans: The 52-week high share price of Onix Solar Energy is Rs 464.2, and the 52-week low share price of Onix Solar Energy is Rs 262.45.

Q5. Does Onix Solar Energy pay dividends?
Ans: Currently, Onix Solar Energy does not pay dividends. Dividend yield of Onix Solar Energy is around 0%.

Q6. What are the face value and book value of Onix Solar Energy shares?
Ans: The face value of Onix Solar Energy shares is Rs 10, while the book value per share of Onix Solar Energy is around Rs 231.9541. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.

Q7. What is the debt of Onix Solar Energy?
Ans: Onix Solar Energy has a total debt of Rs 0 Cr., which affects investor sentiment and financial stability. 

Q8. What are the ROE and ROCE of Onix Solar Energy?
Ans: The ROE of Onix Solar Energy is 7.7391% and ROCE of Onix Solar Energy is 10.343%. 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 Onix Solar Energy a good buy for the long term?
Ans: The Onix Solar Energy 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 Onix Solar Energy undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Onix Solar Energy appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.

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