Kansai Nerolac Paints Ltd NSE  /  BSE

Paints/Varnish, Mid Cap

15 Jan 2021 | 04:14 PM

633.95
-22.20 (-3.38%)

Independent Research

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Star Rating

Initiated on 01-01-70

Target Price

Performance parameters

  • Earnings Revision Trend

    Analysts negative since 24-Dec-2019

    Compared to seven weeks ago, the analysts have lowered their earnings per share estimates. This negative trend began 24-Dec-2019 at a price of 519.95.

  • 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 negative (since 27-Dec-2019)

    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 27-Dec-2019), the stock traded below its moving average. The confirmed Technical Reverse (Tech Reverse + 1.75%) point is 415.379.

  • 4W REL Performance

    Under pressure (vs. SENSEX30)

    The four week relative underperformance versus SENSEX30 is -12.880.

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 205%.

  • Beta

    89 Low sensitivity to SENSEX30

    For 1% of index variation, the stock varies on average by 89%.

  • Correlation

    0.66 Strong correlation to SENSEX30

    0.6567% of stock movements are explained by index variations.

  • Value at Risk

    Rs.99.34 The medium term value at risk is estimated at 99.34 or 0.24000%

    The value at risk is estimated at 99.34. 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

    22.98 Current year to 2022 annualized estimate

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

  • P/E Ratio

    31.88 Estimated PE for 2022

    The estimated PE is for the year 2022.

  • G/PE Ratio

    0.75 20.213% 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: 20.213% premium.

  • Dividend Yield

    0.89% Dividend is largely covered by profits

    The twelve month estimated dividend yield represents 28.235% of earnings forecasts.

  • Global Evaluation

    Slightly negative

    The stock is classified in the slightly negative zone since 01-May-2020.