Elecon Engg. Stock Price Analysis and Quick Research Report. Is Elecon Engg. 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 Elecon Engg..
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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). Elecon Engg. has a PE ratio of 25.2850651577503 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. Elecon Engg. has ROA of 16.7656% 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. Elecon Engg. has a Current ratio of 2.8979.
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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. Elecon Engg. has a ROE of 22.6628%. (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. Elecon Engg. has a Debt to Equity ratio of 0.002 which means that the company has low proportion of debt in its capital.
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Sales growth: Elecon Engg. has reported revenue growth of 16.9691% which is fair 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 Elecon Engg. for the current financial year is 24.7915686861345%.
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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 Elecon Engg. is Rs 2 and the yield is 0.3396%.
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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 Elecon Engg. is Rs 23.328. The higher the EPS, the better it is for investors.
One can find all the Financial Ratios of Elecon Engg. in Ticker for free. Also, one can get the intrinsic value of Elecon Engg. by using Valuation Calculators, which are available with a Finology ONE subscription.
Elecon Engg. FAQs
Q1. What is Elecon Engg. share price today?
Ans: The current share price of Elecon Engg. is Rs 589.85.
Q2. What is the market capitalisation of Elecon Engg.?
Ans: Elecon Engg. has a market capitalisation of Rs 13236.22987105 Cr., calculated based on its latest share price.
Q3. What are the P/E and P/B ratios of Elecon Engg.?
Ans: The PE ratio of Elecon Engg. is 25.2850651577503 and the P/B ratio of Elecon Engg. is 6.99519225067657, showing how the stock is valued against its earnings and book value.
Q4. What is the 52-week high and low of Elecon Engg. share?
Ans: The 52-week high share price of Elecon Engg. is Rs 739.1, and the 52-week low share price of Elecon Engg. is Rs 376.95.
Q5. Does Elecon Engg. pay dividends?
Ans: Currently, Elecon Engg. pays dividends. Dividend yield of Elecon Engg. is around 0.3396%.
Q6. What are the face value and book value of Elecon Engg. shares?
Ans: The face value of Elecon Engg. shares is Rs 1, while the book value per share of Elecon Engg. is around Rs 84.3222. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.
Q7. What is the debt of Elecon Engg.?
Ans: Elecon Engg. has a total debt of Rs 3.31 Cr., which affects investor sentiment and financial stability.
Q8. What are the ROE and ROCE of Elecon Engg.?
Ans: The ROE of Elecon Engg. is 22.6628% and ROCE of Elecon Engg. is 31.0357%. 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 Elecon Engg. a good buy for the long term?
Ans: The Elecon Engg. 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 Elecon Engg. undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Elecon Engg. appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.
Q11. How to check Elecon Engg.’s financials?
Ans: You can review Elecon Engg.’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.