Hexaware Technologies Ltd NSE  /  BSE

IT - Software, Mid Cap

23 Oct 2020 | 04:14 PM

470.50
0.45 (0.10%)

Independent Research

theScreeners

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Star Rating

Initiated on 01-01-70

Target Price

Performance parameters

  • Earnings Revision Trend

    Analysts negative since 03-Apr-2020

    Compared to seven weeks ago, the analysts have lowered their earnings per share estimates. This negative trend began 03-Apr-2020 at a price of 220.90.

  • 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 neutral but previously negative (since 06-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 06-Mar-2020), the stock traded below its moving average. The confirmed Technical Reverse (Tech Reverse + 1.75%) point is 289.326.

  • 4W REL Performance

    vs. SENSEX30

    The four week relative overperformance versus SENSEX30 is 4.250.

Risk parameters

  • Risk Zone

    Low

    The stock has been on the low-sensitivity level since 31-Mar-2020.

  • Bear Market

    Below average sensitivity to market corrections

    On average, the stock has a tendency to minimize the drops in the index by -92%.

  • Bad News

    Slight market sanction in case of specific pressure

    When the stock's pressure is specific, the market sanction on average is 370%.

  • Beta

    48 Low sensitivity to SENSEX30

    For 1% of index variation, the stock varies on average by 48%.

  • Correlation

    0.34 Weak correlation to SENSEX30

    Stock movements are strongly independent of index variations.

  • Value at Risk

    Rs.32.23 The medium term value at risk is estimated at 32.23 or 0.11522%

    The value at risk is estimated at 32.23. The risk is therefore 0.11522%. 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 Current year to 2022 annualized estimate

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

  • P/E Ratio

    12.87 Estimated PE for 2022

    The estimated PE is for the year 2022.

  • G/PE Ratio

    0.97 7.172% 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 7.172%.

  • Dividend Yield

    2.47% Dividend is largely covered by profits

    The twelve month estimated dividend yield represents 31.783% of earnings forecasts.

  • Global Evaluation

    Slightly positive

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