Nexus Surgical & Med Stock Price Analysis and Quick Research Report. Is Nexus Surgical & Med an attractive stock to invest in?
The financial services company caters to the financial and investing needs of their client. The broking industry in India comes under this sector and is a highly regulated industry in India. There are various regulations related to licensing, clearing and settlement, all of which affect the working of the company. These companies provide an online and offline services platform related to investing into the stock market, mutual funds, bonds, debentures & other financial instruments in order to achieve the financial goals of the clients.
These companies have to be a depository participant of either CDSL or NSDL. The broking industry also registers itself as a clearing member of NSE and BSE.
Around 2% of India's total population invests in financial assets. The penetration of the mutual fund industry in India is close to 7% (Based on the number of PAN cardholders). This under penetration of the mutual fund industry offers a huge opportunity for the industry to grow. Migration to financial savings, wider distribution and sustainable performance are expected to enable growth in the industry.
Also, increasing financial literacy among investors, digitization and the number of mediums available tend to attract more investors to invest in the financial markets.
Nexus Surgical & Med stock price today is Rs 26.59. To understand the functions of the Nexus Surgical & Med better, you must go through the following points:
Key Financials –
- Profitability: Profit margin (PAT margin) of the company shows how well a company controls its cost. It is one of the important indicators to show the financial health of the company. Net profit of Nexus Surgical & Med is Rs 0.2133085 Cr and the compounded growth of profit in the past 3 years is 11.4710286178471 %. The PAT margin of Nexus Surgical & Med is 6.1397 %.
- EPS growth: Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company. In Nexus Surgical & Med , the EPS grew by 24.9359 % YOY.
Financial Ratios –
- Return on Equity (ROE): Nexus Surgical & Med has a healthy ROE track record. The ROE of Nexus Surgical & Med is at 46.4121 % for the latest year.
- P/E Ratio: Relative valuation metrics like the P/E ratio can be used to see if the stock of Nexus Surgical & Med is worth at the current levels at Rs 26.59. Nexus Surgical & Med is trading at a current P/E ratio of 34.5818 and the average historical P/E for the last 5 years was 17.7569389787733.
- Share Price: - The current share price of Nexus Surgical & Med is Rs 26.59. One can use valuation calculators of ticker to know if Nexus Surgical & Med share price is undervalued or overvalued.
- P/B ratio can be one of the best metrics to value such companies. Currently, Nexus Surgical & Med is trading at a P/B of 16.893 . The average historical P/B for the last 5 years was 0.928920057117961. This can be compared with the Market price per share in order to know if the stock is undervalued or overvalued.