Jainex Aamcol Stock Price Analysis and Quick Research Report. Is Jainex Aamcol an attractive stock to invest in?

The Indian Auto Industry comes in the top 5 largest auto industries of the world. India is also a prominent auto exporter and has strong export growth expectations for the near future. The support from the government is providing the auto companies with a boost needed in their development. But will it sustain?
We can look into more details and dig a little deeper into the analysis of the stock of this sector. Let’s look at how Jainex Aamcol is performing and if it is the right time to buy the stock of Jainex Aamcol with detailed analysis.

• The mainstream of revenue for Auto Sector is their sales, Jainex Aamcol has reported poor sales growth of 3.4798 % and in the latest quarter sales was Rs 6.58 Cr. To judge whether the company’s inventory is being sold or not and the sales picture is true, inventory turnover ratio plays a major role, which is 3.9256 times for Jainex Aamcol . It is managing its inventory poorly .
   
• Jainex Aamcol reported Profit loss of -60.3285 % over the year, where the latest year profit is Rs 0.4976 Cr compared to the previous year of Rs 1.2543 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
   
• The operating profit of Jainex Aamcol in the latest quarter is Rs 0.256 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
   
• Jainex Aamcol has a poor ROE of 7.4749 %. The ROE is an important financial parameter because Auto companies work with high equity investments. Also, they have to take huge debt to incur the research and manufacturing work so their Debt to Equity ratio should be evaluated. Jainex Aamcol has a low Debt to Equity ratio of 0.5887.
   
• Jainex Aamcol pays a dividend of 0 Rs per share. It tells us that a company dislikes to share profits with its shareholders. The dividend yield is low at 0 %.
   
• The share of promoter in Jainex Aamcol is high at 66.38 %, where the pledging is 0 %.
   
• What the market is willing to pay for the company for its earnings can be determined by PE multiple. Current PE of Jainex Aamcol is 38.6847792528558 compared to the 5 year average PE of 22.6058822745554 .
   
• Share Price: - The current share price of Jainex Aamcol is Rs 187.95. One can use valuation calculators of ticker to know if Jainex Aamcol share price is undervalued or overvalued.