Noble Polymers Stock Price Analysis and Quick Research Report. Is Noble Polymers 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 Noble Polymers.
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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). Noble Polymers has a PE ratio of -2.17091660923501 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. Noble Polymers has ROA of 71.6839% 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. Noble Polymers has a Current ratio of 3.9388.
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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. Noble Polymers has a ROE of 101.0431%. (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. Noble Polymers has a Debt to Equity ratio of 0.1064 which means that the company has low proportion of debt in its capital.
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Sales growth: Noble Polymers 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 Noble Polymers for the current financial year is 0%.
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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 Noble Polymers 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 Noble Polymers is Rs -0.2902. The higher the EPS, the better it is for investors.
One can find all the Financial Ratios of Noble Polymers in Ticker for free. Also, one can get the intrinsic value of Noble Polymers by using Valuation Calculators, which are available with a Finology ONE subscription.
Noble Polymers FAQs
Q1. What is Noble Polymers share price today?
Ans: The current share price of Noble Polymers is Rs 0.63.
Q2. What is the market capitalisation of Noble Polymers?
Ans: Noble Polymers has a market capitalisation of Rs 0.408177 Cr., calculated based on its latest share price.
Q3. What are the P/E and P/B ratios of Noble Polymers?
Ans: The PE ratio of Noble Polymers is -2.17091660923501 and the P/B ratio of Noble Polymers is 0.0631902025095538, showing how the stock is valued against its earnings and book value.
Q4. What is the 52-week high and low of Noble Polymers share?
Ans: The 52-week high share price of Noble Polymers is Rs 0.63, and the 52-week low share price of Noble Polymers is Rs 0.46.
Q5. Does Noble Polymers pay dividends?
Ans: Currently, Noble Polymers does not pay dividends. Dividend yield of Noble Polymers is around 0%.
Q6. What are the face value and book value of Noble Polymers shares?
Ans: The face value of Noble Polymers shares is Rs 5, while the book value per share of Noble Polymers is around Rs 9.9699. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.
Q7. What is the debt of Noble Polymers?
Ans: Noble Polymers has a total debt of Rs 0.679 Cr., which affects investor sentiment and financial stability.
Q8. What are the ROE and ROCE of Noble Polymers?
Ans: The ROE of Noble Polymers is 101.0431% and ROCE of Noble Polymers is 104.1016%. 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 Noble Polymers a good buy for the long term?
Ans: The Noble Polymers 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 Noble Polymers undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Noble Polymers appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.
Q11. How to check Noble Polymers’s financials?
Ans: You can review Noble Polymers’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.