Globe Textiles (I) Stock Price Analysis and Quick Research Report. Is Globe Textiles (I) 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 Globe Textiles (I). 

• 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). Globe Textiles (I) has a PE ratio of 17.2386895475819 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. Globe Textiles (I) has ROA of 2.3647% 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. Globe Textiles (I) has a Current ratio of 1.7036.

• 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. Globe Textiles (I) has a ROE of 7.268%. (Higher is better)

• Debt to equity ratio: It is a good metric to check out the capital structure along with its performance. Globe Textiles (I) has a Debt to Equity ratio of 0.6124 which means that the company has low proportion of debt in its capital.

• Sales growth: Globe Textiles (I) has reported revenue growth of 7.2112% 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 Globe Textiles (I) for the current financial year is 4.69016215812286%.

• Dividend Yield: It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Globe Textiles (I) is Rs 0 and the yield is 0%.

• Earnings Per Share: It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Globe Textiles (I) is Rs 0.1282. The higher the EPS, the better it is for investors. 

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

Globe Textiles (I) FAQs

Q1. What is Globe Textiles (I) share price today?
Ans: The current share price of Globe Textiles (I) is Rs 2.21.

Q2. What is the market capitalisation of Globe Textiles (I)?
Ans: Globe Textiles (I) has a market capitalisation of Rs 99.542552148 Cr., calculated based on its latest share price.

Q3. What are the P/E and P/B ratios of Globe Textiles (I)?
Ans: The PE ratio of Globe Textiles (I) is 17.2386895475819 and the P/B ratio of Globe Textiles (I) is 0.644127076654037, showing how the stock is valued against its earnings and book value.

Q4. What is the 52-week high and low of Globe Textiles (I) share?
Ans: The 52-week high share price of Globe Textiles (I) is Rs 5.41301204819277, and the 52-week low share price of Globe Textiles (I) is Rs 2.02.

Q5. Does Globe Textiles (I) pay dividends?
Ans: Currently, Globe Textiles (I) does not pay dividends. Dividend yield of Globe Textiles (I) is around 0%.

Q6. What are the face value and book value of Globe Textiles (I) shares?
Ans: The face value of Globe Textiles (I) shares is Rs 2, while the book value per share of Globe Textiles (I) is around Rs 3.431. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.

Q7. What is the debt of Globe Textiles (I)?
Ans: Globe Textiles (I) has a total debt of Rs 63.5952 Cr., which affects investor sentiment and financial stability. 

Q8. What are the ROE and ROCE of Globe Textiles (I)?
Ans: The ROE of Globe Textiles (I) is 7.268% and ROCE of Globe Textiles (I) is 12.2732%. 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 Globe Textiles (I) a good buy for the long term?
Ans: The Globe Textiles (I) 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 Globe Textiles (I) undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Globe Textiles (I) appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.

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