Honeywell Automation India Ltd NSE  /  BSE

Consumer Durables, Mid Cap

04 Dec 2020 | 11:20 AM

30,899.15
-86.00 (-0.28%)

Independent Research

theScreeners

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Star Rating

Initiated on 01-01-70

Target Price

Performance parameters

  • Earnings Revision Trend

    Analysts positive since 10-Apr-2020

    Compared to seven weeks ago, the analysts have raised their earnings per share estimates. This positive trend began 10-Apr-2020 at a price of 27774.35.

  • Valuation Rating

    Strongly overvalued

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

  • MT Tech Trend

    Trend neutral but previously negative (since 17-Mar-2020)

    The stock is currently trading close to its forty day moving average (changes between +1.75% and -1.75% are considered neutral). Prior to this (since 17-Mar-2020), the stock traded below its moving average. The confirmed Technical Reverse (Tech Reverse + 1.75%) point is 29009.897.

  • 4W REL Performance

    Under pressure (vs. SENSEX30)

    The four week relative underperformance versus SENSEX30 is -6.730.

Risk parameters

  • Risk Zone

    Low

    The stock has been on the low-sensitivity level since 21-Apr-2020.

  • Bear Market

    Below average sensitivity to market corrections

    On average, the stock has a tendency to minimize the drops in the index by -56%.

  • Bad News

    Slight market sanction in case of specific pressure

    When the stock's pressure is specific, the market sanction on average is 216%.

  • Beta

    88 Low sensitivity to SENSEX30

    For 1% of index variation, the stock varies on average by 88%.

  • Correlation

    0.54 Fair correlation to SENSEX30

    0.5363% of stock movements are explained by index variations.

  • Value at Risk

    Rs.3437.29 The medium term value at risk is estimated at 3437.29 or 0.12000%

    The value at risk is estimated at 3437.29. The risk is therefore 0.12000%. This value is based on the historical volatility for a medium time period (1 month) with a confidence of 95%.

Other parameters

  • LT Growth

    29.19 Current year to 2021 annualized estimate

    The annualized growth estimate is for the current year to 2021.

  • P/E Ratio

    42.4 Estimated PE for 2021

    The estimated PE is for the year 2021.

  • G/PE Ratio

    0.69 29.781% premium to expected growth

    A ratio (Forecasted Growth + Estimated Dividend Yield/ Estimated Price Earnings) below 0.9 indicates that investors must pay a premium for the estimated growth potential: 29.781% premium.

  • Dividend Yield

    0.22% Dividend is largely covered by profits

    The twelve month estimated dividend yield represents 9.152% of earnings forecasts.

  • Global Evaluation

    Neutral

    The stock is classified in the neutral zone since 21-Apr-2020.