Covidh Technologies Stock Price Analysis and Quick Research Report. Is Covidh Technologies 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 Covidh Technologies.
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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). Covidh Technologies has a PE ratio of 1.1044296974198 which is low and comparatively undervalued.
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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. Covidh Technologies has ROA of 17.283% which is a good 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. Covidh Technologies has a Current ratio of 33.7028.
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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. Covidh Technologies has a ROE of 0%. (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. Covidh Technologies has a Debt to Equity ratio of -16.3837 which means that the company has low proportion of debt in its capital.
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Sales growth: Covidh Technologies has reported revenue growth of 0% 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 Covidh Technologies for the current financial year is 52.4132730015083%.
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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 Covidh Technologies 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 Covidh Technologies is Rs 4.1741. The higher the EPS, the better it is for investors.
One can find all the Financial Ratios of Covidh Technologies in Ticker for free. Also, one can get the intrinsic value of Covidh Technologies by using Valuation Calculators, which are available with a Finology ONE subscription.
Covidh Technologies FAQs
Q1. What is Covidh Technologies share price today?
Ans: The current share price of Covidh Technologies is Rs 4.61.
Q2. What is the market capitalisation of Covidh Technologies?
Ans: Covidh Technologies has a market capitalisation of Rs 0.149097542 Cr., calculated based on its latest share price.
Q3. What are the P/E and P/B ratios of Covidh Technologies?
Ans: The PE ratio of Covidh Technologies is 1.1044296974198 and the P/B ratio of Covidh Technologies is -1.31970685904042, showing how the stock is valued against its earnings and book value.
Q4. What is the 52-week high and low of Covidh Technologies share?
Ans: The 52-week high share price of Covidh Technologies is Rs 4.52, and the 52-week low share price of Covidh Technologies is Rs 1.5.
Q5. Does Covidh Technologies pay dividends?
Ans: Currently, Covidh Technologies does not pay dividends. Dividend yield of Covidh Technologies is around 0%.
Q6. What are the face value and book value of Covidh Technologies shares?
Ans: The face value of Covidh Technologies shares is Rs 10, while the book value per share of Covidh Technologies is around Rs -3.4932. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.
Q7. What is the debt of Covidh Technologies?
Ans: Covidh Technologies has a total debt of Rs 1.6056 Cr., which affects investor sentiment and financial stability.
Q8. What are the ROE and ROCE of Covidh Technologies?
Ans: The ROE of Covidh Technologies is 0% and ROCE of Covidh Technologies is 18.8233%. 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 Covidh Technologies a good buy for the long term?
Ans: The Covidh Technologies 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 Covidh Technologies undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Covidh Technologies appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.
Q11. How to check Covidh Technologies’s financials?
Ans: You can review Covidh Technologies’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.