Harish TextileEngine Stock Price Analysis and Quick Research Report. Is Harish TextileEngine 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 Harish TextileEngine.
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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). Harish TextileEngine has a PE ratio of 4.08008338504733 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. Harish TextileEngine has ROA of 0.306% which is a bad 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. Harish TextileEngine has a Current ratio of 0.6697.
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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. Harish TextileEngine has a ROE of 2.6777%. (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. Harish TextileEngine has a Debt to Equity ratio of 3.5513 which means that the company has high proportion of debt in its capital.
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Sales growth: Harish TextileEngine has reported revenue growth of 0.7516% 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 Harish TextileEngine for the current financial year is 4.00606237796094%.
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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 Harish TextileEngine 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 Harish TextileEngine is Rs 16.5977. The higher the EPS, the better it is for investors.
One can find all the Financial Ratios of Harish TextileEngine in Ticker for free. Also, one can get the intrinsic value of Harish TextileEngine by using Valuation Calculators, which are available with a Finology ONE subscription.
Harish TextileEngine FAQs
Q1. What is Harish TextileEngine share price today?
Ans: The current share price of Harish TextileEngine is Rs 67.72.
Q2. What is the market capitalisation of Harish TextileEngine?
Ans: Harish TextileEngine has a market capitalisation of Rs 22.591392 Cr., calculated based on its latest share price.
Q3. What are the P/E and P/B ratios of Harish TextileEngine?
Ans: The PE ratio of Harish TextileEngine is 4.08008338504733 and the P/B ratio of Harish TextileEngine is 1.56460824723213, showing how the stock is valued against its earnings and book value.
Q4. What is the 52-week high and low of Harish TextileEngine share?
Ans: The 52-week high share price of Harish TextileEngine is Rs 75.5, and the 52-week low share price of Harish TextileEngine is Rs 52.4.
Q5. Does Harish TextileEngine pay dividends?
Ans: Currently, Harish TextileEngine does not pay dividends. Dividend yield of Harish TextileEngine is around 0%.
Q6. What are the face value and book value of Harish TextileEngine shares?
Ans: The face value of Harish TextileEngine shares is Rs 10, while the book value per share of Harish TextileEngine is around Rs 43.2824. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.
Q7. What is the debt of Harish TextileEngine?
Ans: Harish TextileEngine has a total debt of Rs 31.5675 Cr., which affects investor sentiment and financial stability.
Q8. What are the ROE and ROCE of Harish TextileEngine?
Ans: The ROE of Harish TextileEngine is 2.6777% and ROCE of Harish TextileEngine is 9.8326%. 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 Harish TextileEngine a good buy for the long term?
Ans: The Harish TextileEngine 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 Harish TextileEngine undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Harish TextileEngine appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.
Q11. How to check Harish TextileEngine’s financials?
Ans: You can review Harish TextileEngine’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.