Redington Stock Price Analysis and Quick Research Report. Is Redington 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 Redington. 

• 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). Redington has a PE ratio of 12.8472751149048 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. Redington has ROA of 11.8938% 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. Redington has a Current ratio of 1.39.

• 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. Redington has a ROE of 35.1667%. (Higher is better)

• Debt to equity ratio: It is a good metric to check out the capital structure along with its performance. Redington has a Debt to Equity ratio of 0.301 which means that the company has low proportion of debt in its capital.

• Sales growth: Redington has reported revenue growth of 18.6159% which is fair in relation to its growth and performance. 

• Operating Margin: This will tell you about the operational efficiency of the company. The operating margin of Redington for the current financial year is 2.36926537498082%.

• Dividend Yield: It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Redington is Rs 6.8 and the yield is 2.8128%.

• Earnings Per Share: It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Redington is Rs 19.0375. The higher the EPS, the better it is for investors. 

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

Redington FAQs

Q1. What is Redington share price today?
Ans: The current share price of Redington is Rs 244.58.

Q2. What is the market capitalisation of Redington?
Ans: Redington has a market capitalisation of Rs 19120.639033398 Cr., calculated based on its latest share price.

Q3. What are the P/E and P/B ratios of Redington?
Ans: The PE ratio of Redington is 12.8472751149048 and the P/B ratio of Redington is 3.99435583703786, showing how the stock is valued against its earnings and book value.

Q4. What is the 52-week high and low of Redington share?
Ans: The 52-week high share price of Redington is Rs 334.8, and the 52-week low share price of Redington is Rs 158.61.

Q5. Does Redington pay dividends?
Ans: Currently, Redington pays dividends. Dividend yield of Redington is around 2.8128%.

Q6. What are the face value and book value of Redington shares?
Ans: The face value of Redington shares is Rs 2, while the book value per share of Redington is around Rs 61.2314. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.

Q7. What is the debt of Redington?
Ans: Redington has a total debt of Rs 1380.81 Cr., which affects investor sentiment and financial stability. 

Q8. What are the ROE and ROCE of Redington?
Ans: The ROE of Redington is 35.1667% and ROCE of Redington is 33.493%. 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 Redington a good buy for the long term?
Ans: The Redington 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 Redington undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Redington appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.

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