Eureka Forbes Stock Price Analysis and Quick Research Report. Is Eureka Forbes 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.
The key growth drivers for the consumer durables sector are modernisation, changing lifestyles, increasing awareness, rising incomes, convenient shopping options, etc. The relaxation by the government for FDI will also boost the sector.
Eureka Forbes is India’s famous brand in the consumer durable segment nationally and globally. Let's study some key parameters of the company:
- The net sales of the company is Rs 2436.0624 Cr. It has increased from the previous year sales of Rs 2189.2263 Cr. The sales growth of the company was decent at 11.275%.
- The sales figure can be matched with inventory turnover to check whether it's justifiable or not. The turnover ratio for Eureka Forbes is 10.008 times. Eureka Forbes efficiently manages its assets.
- The PAT growth rate of 78.3217% is good for the company. The net profit compared to the % of sales is known as PAT margin which is 6.7029%.
- The growth of EPS should ideally be around the PAT growth rate. For Eureka Forbes EPS growth rate is 78.3232% which is nearby the PAT growth rate . The Earning per share for the latest quarter is 1.9909 Rs.
- Company’s assets have given an average return of 1.47183333333333% for the 3 years and equity gave an average return of 2.16103333333333% for the 3 years.
- Eureka Forbes has a Debt to equity ratio of 0 which is an indicative measure of financial risk when compared to its peers.
One can find all the Financial Ratios of Eureka Forbes in Ticker for free. Also, one can get the intrinsic value of Eureka Forbes by using Valuation Calculators, which are available with a Finology ONE subscription.
Eureka Forbes FAQs
Q1. What is Eureka Forbes share price today?
Ans: The current share price of Eureka Forbes is Rs 572.35.
Q2. What is the market capitalisation of Eureka Forbes?
Ans: Eureka Forbes has a market capitalisation of Rs 11074.50408876 Cr., calculated based on its latest share price.
Q3. What are the P/E and P/B ratios of Eureka Forbes?
Ans: The PE ratio of Eureka Forbes is 64.8503801398189 and the P/B ratio of Eureka Forbes is 2.53599509062189, showing how the stock is valued against its earnings and book value.
Q4. What is the 52-week high and low of Eureka Forbes share?
Ans: The 52-week high share price of Eureka Forbes is Rs 655.5, and the 52-week low share price of Eureka Forbes is Rs 461.5.
Q5. Does Eureka Forbes pay dividends?
Ans: Currently, Eureka Forbes does not pay dividends. Dividend yield of Eureka Forbes is around 0%.
Q6. What are the face value and book value of Eureka Forbes shares?
Ans: The face value of Eureka Forbes shares is Rs 10, while the book value per share of Eureka Forbes is around Rs 225.6905. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.
Q7. What is the debt of Eureka Forbes?
Ans: Eureka Forbes has a total debt of Rs 0 Cr., which affects investor sentiment and financial stability.
Q8. What are the ROE and ROCE of Eureka Forbes?
Ans: The ROE of Eureka Forbes is 3.8434% and ROCE of Eureka Forbes is 5.2129%. 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 Eureka Forbes a good buy for the long term?
Ans: The Eureka Forbes 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 Eureka Forbes undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Eureka Forbes appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.
Q11. How to check Eureka Forbes’s financials?
Ans: You can review Eureka Forbes’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.