Denish Knit Stock Price Analysis and Quick Research Report. Is Denish Knit 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 Denish Knit. 

• 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). Denish Knit has a PE ratio of 0 which is low and comparatively undervalued.

• 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. Denish Knit has ROA of -1.73091072294855% 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. Denish Knit has a Current ratio of 17.8640581834319.

• 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. Denish Knit has a ROE of -1.96321329884816%. (Higher is better)

• Debt to equity ratio: It is a good metric to check out the capital structure along with its performance. Denish Knit has a Debt to Equity ratio of 0.00688385123892258 which means that the company has low proportion of debt in its capital.

• Sales growth: Denish Knit has reported revenue growth of -19.6549888187812% 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 Denish Knit for the current financial year is 1.36580848853793%.

• Dividend Yield: It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Denish Knit is Rs 0 and the yield is 0%.

• Earnings Per Share: It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Denish Knit is Rs 0. The higher the EPS, the better it is for investors. 

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

Denish Knit FAQs

Q1. What is Denish Knit share price today?
Ans: The current share price of Denish Knit is Rs 0.

Q2. What is the market capitalisation of Denish Knit?
Ans: Denish Knit has a market capitalisation of Rs 0 Cr., calculated based on its latest share price.

Q3. What are the P/E and P/B ratios of Denish Knit?
Ans: The PE ratio of Denish Knit is 0 and the P/B ratio of Denish Knit is 0, showing how the stock is valued against its earnings and book value.

Q4. What is the 52-week high and low of Denish Knit share?
Ans: The 52-week high share price of Denish Knit is Rs 0, and the 52-week low share price of Denish Knit is Rs 0.

Q5. Does Denish Knit pay dividends?
Ans: Currently, Denish Knit does not pay dividends. Dividend yield of Denish Knit is around 0%.

Q6. What are the face value and book value of Denish Knit shares?
Ans: The face value of Denish Knit shares is Rs 10, while the book value per share of Denish Knit is around Rs 0. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.

Q7. What is the debt of Denish Knit?
Ans: Denish Knit has a total debt of Rs 0.0192419 Cr., which affects investor sentiment and financial stability. 

Q8. What are the ROE and ROCE of Denish Knit?
Ans: The ROE of Denish Knit is -1.96321329884816% and ROCE of Denish Knit is -1.06815258892043%. 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 Denish Knit a good buy for the long term?
Ans: The Denish Knit 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 Denish Knit undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Denish Knit appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.

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