Zenith Steel Pipes Stock Price Analysis and Quick Research Report. Is Zenith Steel Pipes 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 Zenith Steel Pipes. 

• 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). Zenith Steel Pipes has a PE ratio of 32.9944938585345 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. Zenith Steel Pipes has ROA of -0.2551% 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. Zenith Steel Pipes has a Current ratio of 0.2672.

• 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. Zenith Steel Pipes has a ROE of 0%. (Higher is better)

• Debt to equity ratio: It is a good metric to check out the capital structure along with its performance. Zenith Steel Pipes has a Debt to Equity ratio of -0.8417 which means that the company has low proportion of debt in its capital.

• Sales growth: Zenith Steel Pipes has reported revenue growth of -12.7026% 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 Zenith Steel Pipes for the current financial year is -0.208216086682695%.

• Dividend Yield: It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Zenith Steel Pipes 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 Zenith Steel Pipes is Rs 0.2361. The higher the EPS, the better it is for investors. 

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

Zenith Steel Pipes FAQs

Q1. What is Zenith Steel Pipes share price today?
Ans: The current share price of Zenith Steel Pipes is Rs 7.79.

Q2. What is the market capitalisation of Zenith Steel Pipes?
Ans: Zenith Steel Pipes has a market capitalisation of Rs 110.836468992 Cr., calculated based on its latest share price.

Q3. What are the P/E and P/B ratios of Zenith Steel Pipes?
Ans: The PE ratio of Zenith Steel Pipes is 32.9944938585345 and the P/B ratio of Zenith Steel Pipes is -0.444754015061118, showing how the stock is valued against its earnings and book value.

Q4. What is the 52-week high and low of Zenith Steel Pipes share?
Ans: The 52-week high share price of Zenith Steel Pipes is Rs 12.5, and the 52-week low share price of Zenith Steel Pipes is Rs 5.65.

Q5. Does Zenith Steel Pipes pay dividends?
Ans: Currently, Zenith Steel Pipes does not pay dividends. Dividend yield of Zenith Steel Pipes is around 0%.

Q6. What are the face value and book value of Zenith Steel Pipes shares?
Ans: The face value of Zenith Steel Pipes shares is Rs 10, while the book value per share of Zenith Steel Pipes is around Rs -17.5153. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.

Q7. What is the debt of Zenith Steel Pipes?
Ans: Zenith Steel Pipes has a total debt of Rs 210.9847 Cr., which affects investor sentiment and financial stability. 

Q8. What are the ROE and ROCE of Zenith Steel Pipes?
Ans: The ROE of Zenith Steel Pipes is 0% and ROCE of Zenith Steel Pipes is 0%. 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 Zenith Steel Pipes a good buy for the long term?
Ans: The Zenith Steel Pipes 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 Zenith Steel Pipes undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Zenith Steel Pipes appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.

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