Solar Industries Stock Price Analysis and Quick Research Report. Is Solar 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 Solar 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). Solar Industries has a PE ratio of 146.700237727109 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. Solar Industries has ROA of 20.9389% which is a good 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. Solar Industries has a Current ratio of 2.2014.

• 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. Solar Industries has a ROE of 29.671%. (Higher is better)

• Debt to equity ratio: It is a good metric to check out the capital structure along with its performance. Solar Industries has a Debt to Equity ratio of 0.0636 which means that the company has low proportion of debt in its capital.

• Sales growth: Solar Industries has reported revenue growth of 19.881% 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 Solar Industries for the current financial year is 24.6176457389041%.

• Dividend Yield: It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Solar Industries is Rs 10 and the yield is 0.0694%.

• Earnings Per Share: It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Solar Industries is Rs 98.1798. The higher the EPS, the better it is for investors. 

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

Solar Industries FAQs

Q1. What is Solar Industries share price today?
Ans: The current share price of Solar Industries is Rs 14403.

Q2. What is the market capitalisation of Solar Industries?
Ans: Solar Industries has a market capitalisation of Rs 130332.8262165 Cr., calculated based on its latest share price.

Q3. What are the P/E and P/B ratios of Solar Industries?
Ans: The PE ratio of Solar Industries is 146.700237727109 and the P/B ratio of Solar Industries is 38.9462685889137, showing how the stock is valued against its earnings and book value.

Q4. What is the 52-week high and low of Solar Industries share?
Ans: The 52-week high share price of Solar Industries is Rs 17820, and the 52-week low share price of Solar Industries is Rs 8482.5.

Q5. Does Solar Industries pay dividends?
Ans: Currently, Solar Industries pays dividends. Dividend yield of Solar Industries is around 0.0694%.

Q6. What are the face value and book value of Solar Industries shares?
Ans: The face value of Solar Industries shares is Rs 2, while the book value per share of Solar Industries is around Rs 369.8172. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.

Q7. What is the debt of Solar Industries?
Ans: Solar Industries has a total debt of Rs 194.94 Cr., which affects investor sentiment and financial stability. 

Q8. What are the ROE and ROCE of Solar Industries?
Ans: The ROE of Solar Industries is 29.671% and ROCE of Solar Industries is 37.3669%. 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 Solar Industries a good buy for the long term?
Ans: The Solar 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 Solar Industries undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Solar Industries appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.

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