Endurance Tech Stock Price Analysis and Quick Research Report. Is Endurance Tech an attractive stock to invest in?

The Indian Auto Industry comes in the top 5 largest auto industries of the world. India is also a prominent auto exporter and has strong export growth expectations for the near future. The support from the government is providing the auto companies with a boost needed in their development. But will it sustain?
We can look into more details and dig a little deeper into the analysis of the stock of this sector. Let’s look at how Endurance Tech is performing and if it is the right time to buy the stock of Endurance Tech with detailed analysis.

• The mainstream of revenue for Auto Sector is their sales, Endurance Tech has reported decent sales growth of 16.3058 % and in the latest quarter sales was Rs 2248.993 Cr. To judge whether the company’s inventory is being sold or not and the sales picture is true, inventory turnover ratio plays a major role, which is 17.3551 times for Endurance Tech . It is managing its inventory poorly .
   
• Endurance Tech reported Profit growth of 43.7438 % over the year, where the latest year profit is Rs 587.793 Cr compared to the previous year of Rs 408.917 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
   
• The operating profit of Endurance Tech in the latest quarter is Rs 305.466 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
   
• Endurance Tech has a average ROE of 16.4734 %. The ROE is an important financial parameter because Auto companies work with high equity investments. Also, they have to take huge debt to incur the research and manufacturing work so their Debt to Equity ratio should be evaluated. Endurance Tech has a low Debt to Equity ratio of 0.
   
• Endurance Tech pays a dividend of 8.5 Rs per share. It tells us that a company likes to share profits with its shareholders. The dividend yield is low at 0.4168 %.
   
• The share of promoter in Endurance Tech is high at 75 %, where the pledging is 0 %.
   
• What the market is willing to pay for the company for its earnings can be determined by PE multiple. Current PE of Endurance Tech is 49.7666185809746 compared to the 5 year average PE of 39.7489990892884 .
   
• Share Price: - The current share price of Endurance Tech is Rs 2401.1. One can use valuation calculators of ticker to know if Endurance Tech share price is undervalued or overvalued.