Forbes Prec Tool Stock Price Analysis and Quick Research Report. Is Forbes Prec Tool 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 Forbes Prec Tool.
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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). Forbes Prec Tool has a PE ratio of 34.642240138209 which is high and comparatively overvalued.
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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. Forbes Prec Tool has ROA of 12.7019% 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. Forbes Prec Tool has a Current ratio of 1.9481.
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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. Forbes Prec Tool has a ROE of 18.9119%. (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. Forbes Prec Tool has a Debt to Equity ratio of 0.1184 which means that the company has low proportion of debt in its capital.
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Sales growth: Forbes Prec Tool has reported revenue growth of 1.8228% 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 Forbes Prec Tool for the current financial year is 21.9763717019174%.
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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 Forbes Prec Tool is Rs 5 and the yield is 2.6889%.
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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 Forbes Prec Tool is Rs 5.5568. The higher the EPS, the better it is for investors.
One can find all the Financial Ratios of Forbes Prec Tool in Ticker for free. Also, one can get the intrinsic value of Forbes Prec Tool by using Valuation Calculators, which are available with a Finology ONE subscription.
Forbes Prec Tool FAQs
Q1. What is Forbes Prec Tool share price today?
Ans: The current share price of Forbes Prec Tool is Rs 192.5.
Q2. What is the market capitalisation of Forbes Prec Tool?
Ans: Forbes Prec Tool has a market capitalisation of Rs 993.193432 Cr., calculated based on its latest share price.
Q3. What are the P/E and P/B ratios of Forbes Prec Tool?
Ans: The PE ratio of Forbes Prec Tool is 34.642240138209 and the P/B ratio of Forbes Prec Tool is 6.51255315765792, showing how the stock is valued against its earnings and book value.
Q4. What is the 52-week high and low of Forbes Prec Tool share?
Ans: The 52-week high share price of Forbes Prec Tool is Rs 324, and the 52-week low share price of Forbes Prec Tool is Rs 142.5.
Q5. Does Forbes Prec Tool pay dividends?
Ans: Currently, Forbes Prec Tool pays dividends. Dividend yield of Forbes Prec Tool is around 2.6889%.
Q6. What are the face value and book value of Forbes Prec Tool shares?
Ans: The face value of Forbes Prec Tool shares is Rs 10, while the book value per share of Forbes Prec Tool is around Rs 29.5583. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.
Q7. What is the debt of Forbes Prec Tool?
Ans: Forbes Prec Tool has a total debt of Rs 19.6829 Cr., which affects investor sentiment and financial stability.
Q8. What are the ROE and ROCE of Forbes Prec Tool?
Ans: The ROE of Forbes Prec Tool is 18.9119% and ROCE of Forbes Prec Tool is 25.5262%. 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 Forbes Prec Tool a good buy for the long term?
Ans: The Forbes Prec Tool 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 Forbes Prec Tool undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Forbes Prec Tool appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.
Q11. How to check Forbes Prec Tool’s financials?
Ans: You can review Forbes Prec Tool’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.