Triton Valves Stock Price Analysis and Quick Research Report. Is Triton Valves 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 Triton Valves is performing and if it is the right time to buy the stock of Triton Valves with detailed analysis.

• The mainstream of revenue for Auto Sector is their sales, Triton Valves has reported poor sales growth of 6.2393 % and in the latest quarter sales was Rs 97.016 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 7.786 times for Triton Valves . It is managing its inventory poorly .
   
• Triton Valves reported Profit growth of 397.9799 % over the year, where the latest year profit is Rs 6.9182 Cr compared to the previous year of Rs -2.3217 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
   
• The operating profit of Triton Valves in the latest quarter is Rs 3.437 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
   
• Triton Valves has a poor ROE of 6.9117 %. 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. Triton Valves has a low Debt to Equity ratio of 0.7178.
   
• Triton Valves pays a dividend of 10 Rs per share. It tells us that a company likes to share profits with its shareholders. The dividend yield is low at 0.3175 %.
   
• The share of promoter in Triton Valves is low at 45.7 %, 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 Triton Valves is 52.9125414481575 compared to the 5 year average PE of 25.0405314489247 .
   
• Share Price: - The current share price of Triton Valves is Rs 3150. One can use valuation calculators of ticker to know if Triton Valves share price is undervalued or overvalued.