Tata Steel Ltd NSE  /  BSE

Steel, Large Cap

22 Jan 2021 | 04:14 PM

647.00
-19.70 (-2.95%)

Independent Research

theScreeners

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Star Rating

Initiated on 01-01-70

Target Price

Performance parameters

  • Earnings Revision Trend

    Analysts negative since 17-Mar-2020

    Compared to seven weeks ago, the analysts have lowered their earnings per share estimates. This negative trend began 17-Mar-2020 at a price of 282.75.

  • 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 11-Feb-2020

    The forty day Medium Term Technical Trend is negative since 11-Feb-2020. The confirmed Technical Reverse point (Tech Reverse + 1.75%) is 313.146.

  • 4W REL Performance

    Under pressure (vs. SENSEX30)

    The four week relative underperformance versus SENSEX30 is -7.290.

Risk parameters

  • Risk Zone

    High

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

  • Bear Market

    Above average sensitivity to market corrections

    On average, the stock has a tendency to amplify the drops in the index by 149%.

  • Bad News

    Slight market sanction in case of specific pressure

    When the stock's pressure is specific, the market sanction on average is 364%.

  • Beta

    109 Average sensitivity to SENSEX30

    For 1% of index variation, the stock varies on average by 109%.

  • Correlation

    0.67 Strong correlation to SENSEX30

    0.6749% of stock movements are explained by index variations.

  • Value at Risk

    Rs.98.54 The medium term value at risk is estimated at 98.54 or 0.33034%

    The value at risk is estimated at 98.54. The risk is therefore 0.33034%. This value is based on the historical volatility for a medium time period (1 month) with a confidence of 95%.

Other parameters

  • LT Growth

    56.52 Current year to 2022 annualized estimate

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

  • P/E Ratio

    6.02 Estimated PE for 2022

    The estimated PE is for the year 2022.

  • G/PE Ratio

    9.86 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

    2.8% Dividend is largely covered by profits

    The twelve month estimated dividend yield represents 16.857% of earnings forecasts.

  • Global Evaluation

    Slightly negative

    The stock is classified in the slightly negative zone since 28-Jan-2020.