Magna ElectroCasting Stock Price Analysis and Quick Research Report. Is Magna ElectroCasting 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 Magna ElectroCasting.
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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). Magna ElectroCasting has a PE ratio of 19.180421172453 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. Magna ElectroCasting has ROA of 14.2467% 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. Magna ElectroCasting has a Current ratio of 1.9582.
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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. Magna ElectroCasting has a ROE of 19.452%. (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. Magna ElectroCasting has a Debt to Equity ratio of 0.0853 which means that the company has low proportion of debt in its capital.
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Sales growth: Magna ElectroCasting has reported revenue growth of 22.7919% 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 Magna ElectroCasting for the current financial year is 19.3894900061887%.
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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 Magna ElectroCasting is Rs 6 and the yield is 0.5716%.
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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 Magna ElectroCasting is Rs 54.467. The higher the EPS, the better it is for investors.
One can find all the Financial Ratios of Magna ElectroCasting in Ticker for free. Also, one can get the intrinsic value of Magna ElectroCasting by using Valuation Calculators, which are available with a Finology ONE subscription.
Magna ElectroCasting FAQs
Q1. What is Magna ElectroCasting share price today?
Ans: The current share price of Magna ElectroCasting is Rs 1044.7.
Q2. What is the market capitalisation of Magna ElectroCasting?
Ans: Magna ElectroCasting has a market capitalisation of Rs 442.12790488 Cr., calculated based on its latest share price.
Q3. What are the P/E and P/B ratios of Magna ElectroCasting?
Ans: The PE ratio of Magna ElectroCasting is 19.180421172453 and the P/B ratio of Magna ElectroCasting is 3.25191863822211, showing how the stock is valued against its earnings and book value.
Q4. What is the 52-week high and low of Magna ElectroCasting share?
Ans: The 52-week high share price of Magna ElectroCasting is Rs 1375, and the 52-week low share price of Magna ElectroCasting is Rs 701.8.
Q5. Does Magna ElectroCasting pay dividends?
Ans: Currently, Magna ElectroCasting pays dividends. Dividend yield of Magna ElectroCasting is around 0.5716%.
Q6. What are the face value and book value of Magna ElectroCasting shares?
Ans: The face value of Magna ElectroCasting shares is Rs 10, while the book value per share of Magna ElectroCasting is around Rs 321.2565. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.
Q7. What is the debt of Magna ElectroCasting?
Ans: Magna ElectroCasting has a total debt of Rs 11.0346 Cr., which affects investor sentiment and financial stability.
Q8. What are the ROE and ROCE of Magna ElectroCasting?
Ans: The ROE of Magna ElectroCasting is 19.452% and ROCE of Magna ElectroCasting is 25.1807%. 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 Magna ElectroCasting a good buy for the long term?
Ans: The Magna ElectroCasting 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 Magna ElectroCasting undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Magna ElectroCasting appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.
Q11. How to check Magna ElectroCasting’s financials?
Ans: You can review Magna ElectroCasting’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.