Nitin Castings Stock Price Analysis and Quick Research Report. Is Nitin Castings 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 Nitin Castings. 

• 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). Nitin Castings has a PE ratio of 23.0940173422998 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. Nitin Castings has ROA of 10.4049% 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. Nitin Castings has a Current ratio of 2.2681.

• 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. Nitin Castings has a ROE of 16.0902%. (Higher is better)

• Debt to equity ratio: It is a good metric to check out the capital structure along with its performance. Nitin Castings has a Debt to Equity ratio of 0.0908 which means that the company has low proportion of debt in its capital.

• Sales growth: Nitin Castings has reported revenue growth of 1.2276% 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 Nitin Castings for the current financial year is 10.2238902119758%.

• Dividend Yield: It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Nitin Castings is Rs 3 and the yield is 0.4717%.

• Earnings Per Share: It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Nitin Castings is Rs 27.5396. The higher the EPS, the better it is for investors. 

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

Nitin Castings FAQs

Q1. What is Nitin Castings share price today?
Ans: The current share price of Nitin Castings is Rs 636.

Q2. What is the market capitalisation of Nitin Castings?
Ans: Nitin Castings has a market capitalisation of Rs 326.988588 Cr., calculated based on its latest share price.

Q3. What are the P/E and P/B ratios of Nitin Castings?
Ans: The PE ratio of Nitin Castings is 23.0940173422998 and the P/B ratio of Nitin Castings is 3.70375546828048, showing how the stock is valued against its earnings and book value.

Q4. What is the 52-week high and low of Nitin Castings share?
Ans: The 52-week high share price of Nitin Castings is Rs 799, and the 52-week low share price of Nitin Castings is Rs 470.5.

Q5. Does Nitin Castings pay dividends?
Ans: Currently, Nitin Castings pays dividends. Dividend yield of Nitin Castings is around 0.4717%.

Q6. What are the face value and book value of Nitin Castings shares?
Ans: The face value of Nitin Castings shares is Rs 5, while the book value per share of Nitin Castings is around Rs 171.7176. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.

Q7. What is the debt of Nitin Castings?
Ans: Nitin Castings has a total debt of Rs 7.4978 Cr., which affects investor sentiment and financial stability. 

Q8. What are the ROE and ROCE of Nitin Castings?
Ans: The ROE of Nitin Castings is 16.0902% and ROCE of Nitin Castings is 20.6697%. 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 Nitin Castings a good buy for the long term?
Ans: The Nitin Castings 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 Nitin Castings undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Nitin Castings appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.

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