Power Grid Corporation of India Ltd NSE  /  BSE

Power Generation & Distribution, Large Cap

27 Oct 2020 | 12:14 PM

173.00
0.95 (0.55%)

Independent Research

theScreeners

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Star Rating

Initiated on 01-01-70

Target Price

Performance parameters

  • Earnings Revision Trend

    Analysts neutral but previously positive (since 15-Oct-2019)

    Compared to seven weeks ago, the analysts have not significantly revised their earnings per share estimates (changes between +1% and -1% are considered neutral). But the last significant trend is positive since 15-Oct-2019 at a price of 201.25.

  • Valuation Rating

    Moderately undervalued

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

  • MT Tech Trend

    Trend negative since 31-Jan-2020

    The forty day Medium Term Technical Trend is negative since 31-Jan-2020. The confirmed Technical Reverse point (Tech Reverse + 1.75%) is 168.702.

  • 4W REL Performance

    Under pressure (vs. SENSEX30)

    The four week relative underperformance versus SENSEX30 is -14.470.

Risk parameters

  • Risk Zone

    Low

    The stock has been on the low-sensitivity level since 24-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 -68%.

  • Bad News

    Slight market sanction in case of specific pressure

    When the stock's pressure is specific, the market sanction on average is 268%.

  • Beta

    53 Low sensitivity to SENSEX30

    For 1% of index variation, the stock varies on average by 53%.

  • Correlation

    0.58 Fair correlation to SENSEX30

    0.5774% of stock movements are explained by index variations.

  • Value at Risk

    Rs.10.76 The medium term value at risk is estimated at 10.76 or 0.06637%

    The value at risk is estimated at 10.76. The risk is therefore 0.06637%. This value is based on the historical volatility for a medium time period (1 month) with a confidence of 95%.

Other parameters

  • LT Growth

    7.98 Current year to 2022 annualized estimate

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

  • P/E Ratio

    6.71 Estimated PE for 2022

    The estimated PE is for the year 2022.

  • G/PE Ratio

    2.14 High discount to expected growth due to base effect

    A ratio (Forecasted Growth + Estimated Dividend Yield/ Estimated Price Earnings) higher than 1.6 often suggests the projected growth is a result of a base effect, meaning the company can often be in a turn around situation. In this case, the estimated PE is a better indicator of a stock's expected growth than the Long Term Growth (LT Growth).

  • Dividend Yield

    6.4% Dividend is covered by profits, but not strongly

    The twelve month estimated dividend yield represents 42.960% of earnings forecasts.

  • Global Evaluation

    Slightly positive

    The stock is classified in the slightly positive zone since 24-Mar-2020.