Finolex Cables Stock Price Analysis and Quick Research Report. Is Finolex Cables 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 Finolex Cables. 

• 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). Finolex Cables has a PE ratio of 23.1846424928128 which is high and comparatively overvalued.

• 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. Finolex Cables has ROA of 8.92% which is a bad sign for future performance. (Higher values are always desirable.)

• 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. Finolex Cables has a Current ratio of 4.5383.

• 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. Finolex Cables has a ROE of 12.3657%. (Higher is better)

• Debt to equity ratio: It is a good metric to check out the capital structure along with its performance. Finolex Cables has a Debt to Equity ratio of 0.0002 which means that the company has low proportion of debt in its capital.

• Sales growth: Finolex Cables has reported revenue growth of 6.0725% which is poor in relation to its growth and performance. 

• Operating Margin: This will tell you about the operational efficiency of the company. The operating margin of Finolex Cables for the current financial year is 9.5728620069225%.

• Dividend Yield: It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Finolex Cables is Rs 8 and the yield is 0.9491%.

• Earnings Per Share: It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Finolex Cables is Rs 36.6622. The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Finolex Cables in Ticker for free. Also, one can get the intrinsic value of Finolex Cables by using Valuation Calculators, which are available with a Finology ONE subscription. 

Finolex Cables FAQs

Q1. What is Finolex Cables share price today?
Ans: The current share price of Finolex Cables is Rs 850.

Q2. What is the market capitalisation of Finolex Cables?
Ans: Finolex Cables has a market capitalisation of Rs 12999.844325 Cr., calculated based on its latest share price.

Q3. What are the P/E and P/B ratios of Finolex Cables?
Ans: The PE ratio of Finolex Cables is 23.1846424928128 and the P/B ratio of Finolex Cables is 2.74378266917115, showing how the stock is valued against its earnings and book value.

Q4. What is the 52-week high and low of Finolex Cables share?
Ans: The 52-week high share price of Finolex Cables is Rs 1559, and the 52-week low share price of Finolex Cables is Rs 780.

Q5. Does Finolex Cables pay dividends?
Ans: Currently, Finolex Cables pays dividends. Dividend yield of Finolex Cables is around 0.9491%.

Q6. What are the face value and book value of Finolex Cables shares?
Ans: The face value of Finolex Cables shares is Rs 2, while the book value per share of Finolex Cables is around Rs 309.7913. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.

Q7. What is the debt of Finolex Cables?
Ans: Finolex Cables has a total debt of Rs 0.87 Cr., which affects investor sentiment and financial stability. 

Q8. What are the ROE and ROCE of Finolex Cables?
Ans: The ROE of Finolex Cables is 12.3657% and ROCE of Finolex Cables is 16.2426%. 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 Finolex Cables a good buy for the long term?
Ans: The Finolex Cables 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 Finolex Cables undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Finolex Cables appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.

Q11. How to check Finolex Cables’s financials?
Ans: You can review Finolex Cables’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.