Finolex Industries Ltd NSE  /  BSE

Plastic products, Small Cap

12 Aug 2020 | 04:00 PM

452.75
-0.15 (-0.03%)

Independent Research

theScreeners

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Star Rating

Initiated on 01-01-70

Target Price

Performance parameters

  • Earnings Revision Trend

    Analysts negative since 06-Mar-2020

    Compared to seven weeks ago, the analysts have lowered their earnings per share estimates. This negative trend began 06-Mar-2020 at a price of 552.25.

  • Valuation Rating

    Strongly undervalued

    Based on its growth potential and our own criteria, at its current price the stock is strongly undervalued.

  • MT Tech Trend

    Trend negative since 13-Mar-2020

    The forty day Medium Term Technical Trend is negative since 13-Mar-2020. The confirmed Technical Reverse point (Tech Reverse + 1.75%) is 438.273.

  • 4W REL Performance

    Under pressure (vs. SENSEX30)

    The four week relative underperformance versus SENSEX30 is -13.800.

Risk parameters

  • Risk Zone

    Moderate

    Moderate, no change over 1 year.

  • Bear Market

    Average sensitivity to market corrections

    On average, the stock is likely to decline with the index.

  • Bad News

    Slight market sanction in case of specific pressure

    When the stock's pressure is specific, the market sanction on average is 276%.

  • Beta

    102 Average sensitivity to SENSEX30

    For 1% of index variation, the stock varies on average by 102%.

  • Correlation

    0.58 Fair correlation to SENSEX30

    0.5777% of stock movements are explained by index variations.

  • Value at Risk

    Rs.96.4 The medium term value at risk is estimated at 96.40 or 0.24000%

    The value at risk is estimated at 96.40. The risk is therefore 0.24000%. This value is based on the historical volatility for a medium time period (1 month) with a confidence of 95%.

Other parameters

  • LT Growth

    10.24 Current year to 2022 annualized estimate

    The annualized growth estimate is for the current year to 2022.

  • P/E Ratio

    13.31 Estimated PE for 2022

    The estimated PE is for the year 2022.

  • G/PE Ratio

    1.02 11.473% discount to expected growth

    A ratio (Forecasted Growth + Estimated Dividend Yield/ Estimated Price Earnings) higher than 0.9 indicates that the stock's price presents a discount to growth of 11.473%.

  • Dividend Yield

    3.29% Dividend is covered by profits, but not strongly

    The twelve month estimated dividend yield represents 43.762% of earnings forecasts.

  • Global Evaluation

    Neutral

    The stock is classified in the neutral zone since 06-Sep-2019.