Asian Paints Ltd NSE  /  BSE

Paints/Varnish, Large Cap

18 Sep 2020 | 04:14 PM

2,028.40
20.45 (1.02%)

Independent Research

theScreeners

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Star Rating

Initiated on 01-01-70

Target Price

Performance parameters

  • Earnings Revision Trend

    Analysts negative since 07-Apr-2020

    Compared to seven weeks ago, the analysts have lowered their earnings per share estimates. This negative trend began 07-Apr-2020 at a price of 1623.80.

  • Valuation Rating

    Moderately overvalued

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

  • MT Tech Trend

    Trend neutral but previously positive (since 17-Apr-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-Apr-2020), the stock traded above its moving average. The confirmed Technical Reverse point (Tech Reverse - 1.75%) is 1702.520.

  • 4W REL Performance

    Under pressure (vs. SENSEX30)

    The four week relative underperformance versus SENSEX30 is -9.590.

Risk parameters

  • Risk Zone

    Low

    The stock has been on the low-sensitivity level since 30-Aug-2019.

  • Bear Market

    Below average sensitivity to market corrections

    On average, the stock has a tendency to minimize the drops in the index by -115%.

  • Bad News

    Slight market sanction in case of specific pressure

    When the stock's pressure is specific, the market sanction on average is 250%.

  • Beta

    65 Low sensitivity to SENSEX30

    For 1% of index variation, the stock varies on average by 65%.

  • Correlation

    0.62 Strong correlation to SENSEX30

    0.6177% of stock movements are explained by index variations.

  • Value at Risk

    Rs.175.34 The medium term value at risk is estimated at 175.34 or 0.09970%

    The value at risk is estimated at 175.34. The risk is therefore 0.09970%. This value is based on the historical volatility for a medium time period (1 month) with a confidence of 95%.

Other parameters

  • LT Growth

    30.97 Current year to 2022 annualized estimate

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

  • P/E Ratio

    46.52 Estimated PE for 2022

    The estimated PE is for the year 2022.

  • G/PE Ratio

    0.69 31.427% 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: 31.427% premium.

  • Dividend Yield

    0.89% Dividend is covered by profits, but not strongly

    The twelve month estimated dividend yield represents 41.348% of earnings forecasts.

  • Global Evaluation

    Slightly positive

    The stock is classified in the slightly positive zone since 31-Jan-2020.