Garware Hi-Tech Stock Price Analysis and Quick Research Report. Is Garware Hi-Tech 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 Garware Hi-Tech.
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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). Garware Hi-Tech has a PE ratio of 24.9604761182669 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. Garware Hi-Tech has ROA of 13.8976% which is a bad 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. Garware Hi-Tech has a Current ratio of 4.1805.
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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. Garware Hi-Tech has a ROE of 15.8018%. (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. Garware Hi-Tech has a Debt to Equity ratio of 0.0048 which means that the company has low proportion of debt in its capital.
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Sales growth: Garware Hi-Tech has reported revenue growth of 26.1626% 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 Garware Hi-Tech for the current financial year is 20.9541707384299%.
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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 Garware Hi-Tech is Rs 12 and the yield is 0.3543%.
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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 Garware Hi-Tech is Rs 133.2106. The higher the EPS, the better it is for investors.
One can find all the Financial Ratios of Garware Hi-Tech in Ticker for free. Also, one can get the intrinsic value of Garware Hi-Tech by using Valuation Calculators, which are available with a Finology ONE subscription.
Garware Hi-Tech FAQs
Q1. What is Garware Hi-Tech share price today?
Ans: The current share price of Garware Hi-Tech is Rs 3325.
Q2. What is the market capitalisation of Garware Hi-Tech?
Ans: Garware Hi-Tech has a market capitalisation of Rs 7724.771005 Cr., calculated based on its latest share price.
Q3. What are the P/E and P/B ratios of Garware Hi-Tech?
Ans: The PE ratio of Garware Hi-Tech is 24.9604761182669 and the P/B ratio of Garware Hi-Tech is 3.2380527782152, showing how the stock is valued against its earnings and book value.
Q4. What is the 52-week high and low of Garware Hi-Tech share?
Ans: The 52-week high share price of Garware Hi-Tech is Rs 5378.1, and the 52-week low share price of Garware Hi-Tech is Rs 2317.35.
Q5. Does Garware Hi-Tech pay dividends?
Ans: Currently, Garware Hi-Tech pays dividends. Dividend yield of Garware Hi-Tech is around 0.3543%.
Q6. What are the face value and book value of Garware Hi-Tech shares?
Ans: The face value of Garware Hi-Tech shares is Rs 10, while the book value per share of Garware Hi-Tech is around Rs 1026.8517. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.
Q7. What is the debt of Garware Hi-Tech?
Ans: Garware Hi-Tech has a total debt of Rs 11.18 Cr., which affects investor sentiment and financial stability.
Q8. What are the ROE and ROCE of Garware Hi-Tech?
Ans: The ROE of Garware Hi-Tech is 15.8018% and ROCE of Garware Hi-Tech is 21.0166%. 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 Garware Hi-Tech a good buy for the long term?
Ans: The Garware Hi-Tech 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 Garware Hi-Tech undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Garware Hi-Tech appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.
Q11. How to check Garware Hi-Tech’s financials?
Ans: You can review Garware Hi-Tech’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.