Classic Leasing &Fin Stock Price Analysis and Quick Research Report. Is Classic Leasing &Fin an attractive stock to invest in?

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.

To understand the functions of the Classic Leasing &Fin 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 Classic Leasing &Fin is Rs 0.0390732 Cr and the compounded growth of profit in the past 3 years is 31.9032675117307 %. The PAT margin of Classic Leasing &Fin is 24.3235470252005 %.

• 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 Classic Leasing &Fin , the EPS grew by 100.501008956068 % YOY. 

 Financial Ratios –

•  Return on Equity (ROE): Classic Leasing &Fin has a poor ROE track record. The ROE of Classic Leasing &Fin is at 0 % for the latest year.

• P/E Ratio: Relative valuation metrics like the P/E ratio can be used to see if the stock of Classic Leasing &Fin is worth at the current levels at Rs 15. The stock is trading at a current P/E ratio of 70.1038717074619 and the average historical P/E for the last 5 years was 468.508985028522.

• P/B ratio can be one of the best metrics to value such companies. Currently, Classic Leasing &Fin is trading at a P/B of -0.9371 . The average historical P/B of Classic Leasing &Fin for the last 5 years was 0.113270573108252. This can be compared with the Market price per share in order to know if the stock is undervalued or overvalued.

• Share Price: - The current share price of Classic Leasing &Fin is Rs 15. One can use valuation calculators of ticker to know if Classic Leasing &Fin share price is undervalued or overvalued.