Permanent Magnets Stock Price Analysis and Quick Research Report. Is Permanent Magnets 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 Permanent Magnets. 

• 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). Permanent Magnets has a PE ratio of 38.9461575700511 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. Permanent Magnets has ROA of 9.6679% 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. Permanent Magnets has a Current ratio of 3.703.

• 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. Permanent Magnets has a ROE of 13.1138%. (Higher is better)

• Debt to equity ratio: It is a good metric to check out the capital structure along with its performance. Permanent Magnets has a Debt to Equity ratio of 0.1364 which means that the company has low proportion of debt in its capital.

• Sales growth: Permanent Magnets has reported revenue growth of 12.9899% 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 Permanent Magnets for the current financial year is 17.431029894438%.

• Dividend Yield: It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Permanent Magnets is Rs 2.2 and the yield is 0.2463%.

• Earnings Per Share: It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Permanent Magnets is Rs 22.5157. The higher the EPS, the better it is for investors. 

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

Permanent Magnets FAQs

Q1. What is Permanent Magnets share price today?
Ans: The current share price of Permanent Magnets is Rs 876.9.

Q2. What is the market capitalisation of Permanent Magnets?
Ans: Permanent Magnets has a market capitalisation of Rs 753.99834357 Cr., calculated based on its latest share price.

Q3. What are the P/E and P/B ratios of Permanent Magnets?
Ans: The PE ratio of Permanent Magnets is 38.9461575700511 and the P/B ratio of Permanent Magnets is 4.40372224761082, showing how the stock is valued against its earnings and book value.

Q4. What is the 52-week high and low of Permanent Magnets share?
Ans: The 52-week high share price of Permanent Magnets is Rs 821, and the 52-week low share price of Permanent Magnets is Rs 784.05.

Q5. Does Permanent Magnets pay dividends?
Ans: Currently, Permanent Magnets pays dividends. Dividend yield of Permanent Magnets is around 0.2463%.

Q6. What are the face value and book value of Permanent Magnets shares?
Ans: The face value of Permanent Magnets shares is Rs 10, while the book value per share of Permanent Magnets is around Rs 199.127. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.

Q7. What is the debt of Permanent Magnets?
Ans: Permanent Magnets has a total debt of Rs 22.5 Cr., which affects investor sentiment and financial stability. 

Q8. What are the ROE and ROCE of Permanent Magnets?
Ans: The ROE of Permanent Magnets is 13.1138% and ROCE of Permanent Magnets is 18.1354%. 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 Permanent Magnets a good buy for the long term?
Ans: The Permanent Magnets 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 Permanent Magnets undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Permanent Magnets appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.

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