New Light Industries Stock Price Analysis and Quick Research Report. Is New Light Industries 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 New Light Industries.
-
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). New Light Industries has a PE ratio of 22.1875 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. New Light Industries has ROA of 8.691% 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. New Light Industries has a Current ratio of 24.447.
-
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. New Light Industries has a ROE of 13.8343%. (Higher is better)
-
Debt to equity ratio: It is a good metric to check out the capital structure along with its performance. New Light Industries has a Debt to Equity ratio of 0.0039 which means that the company has low proportion of debt in its capital.
-
Sales growth: New Light Industries has reported revenue growth of 43.0858% which is fair in relation to its growth and performance.
-
Operating Margin: This will tell you about the operational efficiency of the company. The operating margin of New Light Industries for the current financial year is 6.2201012426286%.
-
Dividend Yield: It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for New Light Industries 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 New Light Industries is Rs 0.064. The higher the EPS, the better it is for investors.
One can find all the Financial Ratios of New Light Industries in Ticker for free. Also, one can get the intrinsic value of New Light Industries by using Valuation Calculators, which are available with a Finology ONE subscription.
New Light Industries FAQs
Q1. What is New Light Industries share price today?
Ans: The current share price of New Light Industries is Rs 1.42.
Q2. What is the market capitalisation of New Light Industries?
Ans: New Light Industries has a market capitalisation of Rs 12.4392213 Cr., calculated based on its latest share price.
Q3. What are the P/E and P/B ratios of New Light Industries?
Ans: The PE ratio of New Light Industries is 22.1875 and the P/B ratio of New Light Industries is 0.844785531560474, showing how the stock is valued against its earnings and book value.
Q4. What is the 52-week high and low of New Light Industries share?
Ans: The 52-week high share price of New Light Industries is Rs 7.89, and the 52-week low share price of New Light Industries is Rs 1.2.
Q5. Does New Light Industries pay dividends?
Ans: Currently, New Light Industries does not pay dividends. Dividend yield of New Light Industries is around 0%.
Q6. What are the face value and book value of New Light Industries shares?
Ans: The face value of New Light Industries shares is Rs 1, while the book value per share of New Light Industries is around Rs 1.6809. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.
Q7. What is the debt of New Light Industries?
Ans: New Light Industries has a total debt of Rs 0.0554 Cr., which affects investor sentiment and financial stability.
Q8. What are the ROE and ROCE of New Light Industries?
Ans: The ROE of New Light Industries is 13.8343% and ROCE of New Light Industries is 9.4513%. 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 New Light Industries a good buy for the long term?
Ans: The New Light Industries 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 New Light Industries undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the New Light Industries appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.
Q11. How to check New Light Industries’s financials?
Ans: You can review New Light Industries’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.