Covance Softsol Stock Price Analysis and Quick Research Report. Is Covance Softsol 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 Covance Softsol. 

• 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). Covance Softsol has a PE ratio of 7.73767092216966 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. Covance Softsol has ROA of 7.107% 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. Covance Softsol has a Current ratio of 7.1241.

• 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. Covance Softsol has a ROE of 20.1316%. (Higher is better)

• Debt to equity ratio: It is a good metric to check out the capital structure along with its performance. Covance Softsol has a Debt to Equity ratio of 0.9542 which means that the company has low proportion of debt in its capital.

• Sales growth: Covance Softsol has reported revenue growth of 156.7966% 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 Covance Softsol for the current financial year is 38.3067458708642%.

• Dividend Yield: It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Covance Softsol is Rs 0 and the yield is 0%.

• Earnings Per Share: It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Covance Softsol is Rs 4.6293. The higher the EPS, the better it is for investors. 

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

Covance Softsol FAQs

Q1. What is Covance Softsol share price today?
Ans: The current share price of Covance Softsol is Rs 35.82.

Q2. What is the market capitalisation of Covance Softsol?
Ans: Covance Softsol has a market capitalisation of Rs 79.325302788 Cr., calculated based on its latest share price.

Q3. What are the P/E and P/B ratios of Covance Softsol?
Ans: The PE ratio of Covance Softsol is 7.73767092216966 and the P/B ratio of Covance Softsol is 0.861469789634946, showing how the stock is valued against its earnings and book value.

Q4. What is the 52-week high and low of Covance Softsol share?
Ans: The 52-week high share price of Covance Softsol is Rs 35.12, and the 52-week low share price of Covance Softsol is Rs 1.54881676463072.

Q5. Does Covance Softsol pay dividends?
Ans: Currently, Covance Softsol does not pay dividends. Dividend yield of Covance Softsol is around 0%.

Q6. What are the face value and book value of Covance Softsol shares?
Ans: The face value of Covance Softsol shares is Rs 10, while the book value per share of Covance Softsol is around Rs 41.5801. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.

Q7. What is the debt of Covance Softsol?
Ans: Covance Softsol has a total debt of Rs 72.9198 Cr., which affects investor sentiment and financial stability. 

Q8. What are the ROE and ROCE of Covance Softsol?
Ans: The ROE of Covance Softsol is 20.1316% and ROCE of Covance Softsol is 13.2458%. 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 Covance Softsol a good buy for the long term?
Ans: The Covance Softsol 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 Covance Softsol undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Covance Softsol appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.

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