Nitin Spinners Stock Price Analysis and Quick Research Report. Is Nitin Spinners 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 Nitin Spinners. 

• 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). Nitin Spinners has a PE ratio of 11.1040148634134 which is low and comparatively undervalued.

• 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. Nitin Spinners has ROA of 6.4389% 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. Nitin Spinners has a Current ratio of 1.7136.

• 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. Nitin Spinners has a ROE of 14.2766%. (Higher is better)

• Debt to equity ratio: It is a good metric to check out the capital structure along with its performance. Nitin Spinners has a Debt to Equity ratio of 0.8883 which means that the company has low proportion of debt in its capital.

• Sales growth: Nitin Spinners has reported revenue growth of 13.7665% 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 Nitin Spinners for the current financial year is 14.260983499121%.

• Dividend Yield: It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Nitin Spinners is Rs 3 and the yield is 0.8764%.

• Earnings Per Share: It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Nitin Spinners is Rs 31.0023. The higher the EPS, the better it is for investors. 

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

Nitin Spinners FAQs

Q1. What is Nitin Spinners share price today?
Ans: The current share price of Nitin Spinners is Rs 344.25.

Q2. What is the market capitalisation of Nitin Spinners?
Ans: Nitin Spinners has a market capitalisation of Rs 1935.3735 Cr., calculated based on its latest share price.

Q3. What are the P/E and P/B ratios of Nitin Spinners?
Ans: The PE ratio of Nitin Spinners is 11.1040148634134 and the P/B ratio of Nitin Spinners is 1.43129294918276, showing how the stock is valued against its earnings and book value.

Q4. What is the 52-week high and low of Nitin Spinners share?
Ans: The 52-week high share price of Nitin Spinners is Rs 494.35, and the 52-week low share price of Nitin Spinners is Rs 290.5.

Q5. Does Nitin Spinners pay dividends?
Ans: Currently, Nitin Spinners pays dividends. Dividend yield of Nitin Spinners is around 0.8764%.

Q6. What are the face value and book value of Nitin Spinners shares?
Ans: The face value of Nitin Spinners shares is Rs 10, while the book value per share of Nitin Spinners is around Rs 240.5168. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.

Q7. What is the debt of Nitin Spinners?
Ans: Nitin Spinners has a total debt of Rs 1164.7118 Cr., which affects investor sentiment and financial stability. 

Q8. What are the ROE and ROCE of Nitin Spinners?
Ans: The ROE of Nitin Spinners is 14.2766% and ROCE of Nitin Spinners is 13.1948%. 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 Nitin Spinners a good buy for the long term?
Ans: The Nitin Spinners 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 Nitin Spinners undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Nitin Spinners appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.

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