Sky Gold & Diamonds Stock Price Analysis and Quick Research Report. Is Sky Gold & Diamonds 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 Sky Gold & Diamonds. 

• 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). Sky Gold & Diamonds has a PE ratio of 35.5869636671639 which is high and comparatively overvalued.

• 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. Sky Gold & Diamonds has ROA of 9.6633% 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. Sky Gold & Diamonds has a Current ratio of 1.466.

• 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. Sky Gold & Diamonds has a ROE of 24.0372%. (Higher is better)

• Debt to equity ratio: It is a good metric to check out the capital structure along with its performance. Sky Gold & Diamonds has a Debt to Equity ratio of 1.2517 which means that the company has low proportion of debt in its capital.

• Sales growth: Sky Gold & Diamonds has reported revenue growth of 51.2813% 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 Sky Gold & Diamonds for the current financial year is 4.45332590234848%.

• Dividend Yield: It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Sky Gold & Diamonds 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 Sky Gold & Diamonds is Rs 7.9102. The higher the EPS, the better it is for investors. 

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

Sky Gold & Diamonds FAQs

Q1. What is Sky Gold & Diamonds share price today?
Ans: The current share price of Sky Gold & Diamonds is Rs 281.5.

Q2. What is the market capitalisation of Sky Gold & Diamonds?
Ans: Sky Gold & Diamonds has a market capitalisation of Rs 4359.4183346 Cr., calculated based on its latest share price.

Q3. What are the P/E and P/B ratios of Sky Gold & Diamonds?
Ans: The PE ratio of Sky Gold & Diamonds is 35.5869636671639 and the P/B ratio of Sky Gold & Diamonds is 4.76101078880562, showing how the stock is valued against its earnings and book value.

Q4. What is the 52-week high and low of Sky Gold & Diamonds share?
Ans: The 52-week high share price of Sky Gold & Diamonds is Rs 488.55, and the 52-week low share price of Sky Gold & Diamonds is Rs 241.51.

Q5. Does Sky Gold & Diamonds pay dividends?
Ans: Currently, Sky Gold & Diamonds does not pay dividends. Dividend yield of Sky Gold & Diamonds is around 0%.

Q6. What are the face value and book value of Sky Gold & Diamonds shares?
Ans: The face value of Sky Gold & Diamonds shares is Rs 10, while the book value per share of Sky Gold & Diamonds is around Rs 59.1261. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.

Q7. What is the debt of Sky Gold & Diamonds?
Ans: Sky Gold & Diamonds has a total debt of Rs 298.7528 Cr., which affects investor sentiment and financial stability. 

Q8. What are the ROE and ROCE of Sky Gold & Diamonds?
Ans: The ROE of Sky Gold & Diamonds is 24.0372% and ROCE of Sky Gold & Diamonds is 19.0885%. 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 Sky Gold & Diamonds a good buy for the long term?
Ans: The Sky Gold & Diamonds 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 Sky Gold & Diamonds undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Sky Gold & Diamonds appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.

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