Acknit Industries Stock Price Analysis and Quick Research Report. Is Acknit Industries 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 Acknit Industries.
-
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). Acknit Industries has a PE ratio of 10.1525232237007 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. Acknit Industries has ROA of 5.5241% 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. Acknit Industries has a Current ratio of 1.5741.
-
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. Acknit Industries has a ROE of 10.831%. (Higher is better)
-
Debt to equity ratio: It is a good metric to check out the capital structure along with its performance. Acknit Industries has a Debt to Equity ratio of 0.6717 which means that the company has low proportion of debt in its capital.
-
Sales growth: Acknit Industries has reported revenue growth of 8.9355% 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 Acknit Industries for the current financial year is 7.5475269590193%.
-
Dividend Yield: It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Acknit Industries is Rs 1.5 and the yield is 0.5085%.
-
Earnings Per Share: It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Acknit Industries is Rs 28.6776. The higher the EPS, the better it is for investors.
One can find all the Financial Ratios of Acknit Industries in Ticker for free. Also, one can get the intrinsic value of Acknit Industries by using Valuation Calculators, which are available with a Finology ONE subscription.
Acknit Industries FAQs
Q1. What is Acknit Industries share price today?
Ans: The current share price of Acknit Industries is Rs 291.15.
Q2. What is the market capitalisation of Acknit Industries?
Ans: Acknit Industries has a market capitalisation of Rs 88.5096 Cr., calculated based on its latest share price.
Q3. What are the P/E and P/B ratios of Acknit Industries?
Ans: The PE ratio of Acknit Industries is 10.1525232237007 and the P/B ratio of Acknit Industries is 0.994491103377888, showing how the stock is valued against its earnings and book value.
Q4. What is the 52-week high and low of Acknit Industries share?
Ans: The 52-week high share price of Acknit Industries is Rs 405.9, and the 52-week low share price of Acknit Industries is Rs 210.2.
Q5. Does Acknit Industries pay dividends?
Ans: Currently, Acknit Industries pays dividends. Dividend yield of Acknit Industries is around 0.5085%.
Q6. What are the face value and book value of Acknit Industries shares?
Ans: The face value of Acknit Industries shares is Rs 10, while the book value per share of Acknit Industries is around Rs 292.7628. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.
Q7. What is the debt of Acknit Industries?
Ans: Acknit Industries has a total debt of Rs 58.6361 Cr., which affects investor sentiment and financial stability.
Q8. What are the ROE and ROCE of Acknit Industries?
Ans: The ROE of Acknit Industries is 10.831% and ROCE of Acknit Industries is 10.8027%. 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 Acknit Industries a good buy for the long term?
Ans: The Acknit Industries 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 Acknit Industries undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Acknit Industries appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.
Q11. How to check Acknit Industries’s financials?
Ans: You can review Acknit Industries’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.