Shalimar Wires Inds Stock Price Analysis and Quick Research Report. Is Shalimar Wires Inds 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 Shalimar Wires Inds.
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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). Shalimar Wires Inds has a PE ratio of 37.0058873002523 which is high and comparatively overvalued.
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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. Shalimar Wires Inds has ROA of 1.2554% which is a bad sign for future performance. (Higher values are always desirable.)
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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. Shalimar Wires Inds has a Current ratio of 0.975.
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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. Shalimar Wires Inds has a ROE of 6.5186%. (Higher is better)
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Debt to equity ratio: It is a good metric to check out the capital structure along with its performance. Shalimar Wires Inds has a Debt to Equity ratio of 2.3966 which means that the company has high proportion of debt in its capital.
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Sales growth: Shalimar Wires Inds has reported revenue growth of 2.673% which is poor in relation to its growth and performance.
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Operating Margin: This will tell you about the operational efficiency of the company. The operating margin of Shalimar Wires Inds for the current financial year is 19.0050523501083%.
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Dividend Yield: It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Shalimar Wires Inds is Rs 0 and the yield is 0%.
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Earnings Per Share: It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Shalimar Wires Inds is Rs 0.5945. The higher the EPS, the better it is for investors.
One can find all the Financial Ratios of Shalimar Wires Inds in Ticker for free. Also, one can get the intrinsic value of Shalimar Wires Inds by using Valuation Calculators, which are available with a Finology ONE subscription.
Shalimar Wires Inds FAQs
Q1. What is Shalimar Wires Inds share price today?
Ans: The current share price of Shalimar Wires Inds is Rs 22.
Q2. What is the market capitalisation of Shalimar Wires Inds?
Ans: Shalimar Wires Inds has a market capitalisation of Rs 94.0612706 Cr., calculated based on its latest share price.
Q3. What are the P/E and P/B ratios of Shalimar Wires Inds?
Ans: The PE ratio of Shalimar Wires Inds is 37.0058873002523 and the P/B ratio of Shalimar Wires Inds is 2.45862250086611, showing how the stock is valued against its earnings and book value.
Q4. What is the 52-week high and low of Shalimar Wires Inds share?
Ans: The 52-week high share price of Shalimar Wires Inds is Rs 38.88, and the 52-week low share price of Shalimar Wires Inds is Rs 18.43.
Q5. Does Shalimar Wires Inds pay dividends?
Ans: Currently, Shalimar Wires Inds does not pay dividends. Dividend yield of Shalimar Wires Inds is around 0%.
Q6. What are the face value and book value of Shalimar Wires Inds shares?
Ans: The face value of Shalimar Wires Inds shares is Rs 2, while the book value per share of Shalimar Wires Inds is around Rs 8.9481. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.
Q7. What is the debt of Shalimar Wires Inds?
Ans: Shalimar Wires Inds has a total debt of Rs 89.26 Cr., which affects investor sentiment and financial stability.
Q8. What are the ROE and ROCE of Shalimar Wires Inds?
Ans: The ROE of Shalimar Wires Inds is 6.5186% and ROCE of Shalimar Wires Inds is 12.3927%. 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 Shalimar Wires Inds a good buy for the long term?
Ans: The Shalimar Wires Inds 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 Shalimar Wires Inds undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Shalimar Wires Inds appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.
Q11. How to check Shalimar Wires Inds’s financials?
Ans: You can review Shalimar Wires Inds’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.