Dredging Corp Stock Price Analysis and Quick Research Report. Is Dredging Corp 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 Dredging Corp.
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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). Dredging Corp has a PE ratio of -91.6234525993442 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. Dredging Corp has ROA of 1.508% 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. Dredging Corp has a Current ratio of 0.7764.
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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. Dredging Corp has a ROE of 2.8629%. (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. Dredging Corp has a Debt to Equity ratio of 0.3374 which means that the company has low proportion of debt in its capital.
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Sales growth: Dredging Corp has reported revenue growth of -18.8422% 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 Dredging Corp for the current financial year is 21.6081995911585%.
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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 Dredging Corp 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 Dredging Corp is Rs -6.9229. The higher the EPS, the better it is for investors.
One can find all the Financial Ratios of Dredging Corp in Ticker for free. Also, one can get the intrinsic value of Dredging Corp by using Valuation Calculators, which are available with a Finology ONE subscription.
Dredging Corp FAQs
Q1. What is Dredging Corp share price today?
Ans: The current share price of Dredging Corp is Rs 634.3.
Q2. What is the market capitalisation of Dredging Corp?
Ans: Dredging Corp has a market capitalisation of Rs 1776.04 Cr., calculated based on its latest share price.
Q3. What are the P/E and P/B ratios of Dredging Corp?
Ans: The PE ratio of Dredging Corp is -91.6234525993442 and the P/B ratio of Dredging Corp is 1.48230857818027, showing how the stock is valued against its earnings and book value.
Q4. What is the 52-week high and low of Dredging Corp share?
Ans: The 52-week high share price of Dredging Corp is Rs 1210.75, and the 52-week low share price of Dredging Corp is Rs 495.
Q5. Does Dredging Corp pay dividends?
Ans: Currently, Dredging Corp does not pay dividends. Dividend yield of Dredging Corp is around 0%.
Q6. What are the face value and book value of Dredging Corp shares?
Ans: The face value of Dredging Corp shares is Rs 10, while the book value per share of Dredging Corp is around Rs 427.9136. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.
Q7. What is the debt of Dredging Corp?
Ans: Dredging Corp has a total debt of Rs 426.3645 Cr., which affects investor sentiment and financial stability.
Q8. What are the ROE and ROCE of Dredging Corp?
Ans: The ROE of Dredging Corp is 2.8629% and ROCE of Dredging Corp is 4.1252%. 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 Dredging Corp a good buy for the long term?
Ans: The Dredging Corp 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 Dredging Corp undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Dredging Corp appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.
Q11. How to check Dredging Corp’s financials?
Ans: You can review Dredging Corp’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.