Waaree Renewables Stock Price Analysis and Quick Research Report. Is Waaree Renewables 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 Waaree Renewables.
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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). Waaree Renewables has a PE ratio of 40.7182242329987 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. Waaree Renewables has ROA of 24.9945% which is a good 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. Waaree Renewables has a Current ratio of 1.3306.
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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. Waaree Renewables has a ROE of 65.4729%. (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. Waaree Renewables has a Debt to Equity ratio of 0.0601 which means that the company has low proportion of debt in its capital.
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Sales growth: Waaree Renewables has reported revenue growth of 82.3214% 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 Waaree Renewables for the current financial year is 19.4679070179724%.
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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 Waaree Renewables is Rs 1 and the yield is 0.0895%.
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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 Waaree Renewables is Rs 27.5847. The higher the EPS, the better it is for investors.
One can find all the Financial Ratios of Waaree Renewables in Ticker for free. Also, one can get the intrinsic value of Waaree Renewables by using Valuation Calculators, which are available with a Finology ONE subscription.
Waaree Renewables FAQs
Q1. What is Waaree Renewables share price today?
Ans: The current share price of Waaree Renewables is Rs 1123.2.
Q2. What is the market capitalisation of Waaree Renewables?
Ans: Waaree Renewables has a market capitalisation of Rs 11708.97463008 Cr., calculated based on its latest share price.
Q3. What are the P/E and P/B ratios of Waaree Renewables?
Ans: The PE ratio of Waaree Renewables is 40.7182242329987 and the P/B ratio of Waaree Renewables is 21.6148810142367, showing how the stock is valued against its earnings and book value.
Q4. What is the 52-week high and low of Waaree Renewables share?
Ans: The 52-week high share price of Waaree Renewables is Rs 1272, and the 52-week low share price of Waaree Renewables is Rs 841.15.
Q5. Does Waaree Renewables pay dividends?
Ans: Currently, Waaree Renewables pays dividends. Dividend yield of Waaree Renewables is around 0.0895%.
Q6. What are the face value and book value of Waaree Renewables shares?
Ans: The face value of Waaree Renewables shares is Rs 2, while the book value per share of Waaree Renewables is around Rs 51.9642. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.
Q7. What is the debt of Waaree Renewables?
Ans: Waaree Renewables has a total debt of Rs 27.3725 Cr., which affects investor sentiment and financial stability.
Q8. What are the ROE and ROCE of Waaree Renewables?
Ans: The ROE of Waaree Renewables is 65.4729% and ROCE of Waaree Renewables is 81.8256%. 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 Waaree Renewables a good buy for the long term?
Ans: The Waaree Renewables 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 Waaree Renewables undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Waaree Renewables appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.
Q11. How to check Waaree Renewables’s financials?
Ans: You can review Waaree Renewables’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.