Eastern Silk (India) Buy Hold or Sell Recommendation
| EASTSILK | 1.80 0.00 0.00% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Eastern Silk Industries is 'Hold'. The recommendation algorithm takes into account all of Eastern Silk's available fundamental, technical, and predictive indicators you will find on this site.
Check out Eastern Silk Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Eastern and provide practical buy, sell, or hold advice based on investors' constraints. Eastern Silk Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Eastern |
Execute Eastern Silk Buy or Sell Advice
The Eastern recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Eastern Silk Industries. Macroaxis does not own or have any residual interests in Eastern Silk Industries or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Eastern Silk's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
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Not Rated
Eastern Silk Trading Alerts and Improvement Suggestions
| Eastern Silk generated a negative expected return over the last 90 days | |
| Eastern Silk may become a speculative penny stock | |
| Eastern Silk has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 189.2 M. Net Loss for the year was (123.04 M) with profit before overhead, payroll, taxes, and interest of 122.52 M. | |
| About 62.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Stock Radar Enviro Infra, Zomato, KEI Industries, Paytm, Nykaa, LIC, PB Fintech, Newgen Software in focus... - Moneycontrol |
Eastern Silk Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 122.2M | (30.9M) | 47.8M | 67.8M | (17.4M) | (16.6M) | |
| Change In Cash | (269K) | 3.6M | 544K | (5.1M) | 11.7M | 12.2M | |
| Free Cash Flow | 16.0M | 11.7M | (4.8M) | 31.7M | 80.3M | 52.3M | |
| Depreciation | 57.4M | 47.6M | 40.2M | 29.6M | 29.7M | 28.2M | |
| Other Non Cash Items | 103.6M | (387K) | (2.7M) | 12.5M | 3.6M | 3.5M | |
| Capital Expenditures | 10.1M | 8.3M | 16.7M | 2.8M | 6.0M | 5.7M | |
| Net Income | 10.5M | 10.5M | (68.7M) | (144.3M) | (123.0M) | (129.2M) | |
| End Period Cash Flow | 33.0M | 36.6M | 37.1M | 32.0M | 43.7M | 41.5M | |
| Investments | (6.9M) | (6.9M) | (13.0M) | (532K) | (4.1M) | (3.9M) | |
| Net Borrowings | (19.5M) | (9.5M) | 1.7M | (39M) | (44.9M) | (47.1M) | |
| Change To Netincome | 105.1M | (381K) | (2.7M) | 12.5M | 11.3M | 10.7M |
Eastern Silk Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Eastern Silk or Textiles, Apparel & Luxury Goods sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Eastern Silk's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Eastern stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.00 | |
β | Beta against Dow Jones | 0.00 | |
σ | Overall volatility | 0.00 | |
Ir | Information ratio | 0.00 |
Eastern Silk Volatility Alert
At this time Eastern Silk Industries exhibits very low volatility. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Eastern Silk's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Eastern Silk's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Eastern Silk Fundamentals Vs Peers
Comparing Eastern Silk's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Eastern Silk's direct or indirect competition across all of the common fundamentals between Eastern Silk and the related equities. This way, we can detect undervalued stocks with similar characteristics as Eastern Silk or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Eastern Silk's fundamental indicators could also be used in its relative valuation, which is a method of valuing Eastern Silk by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Eastern Silk to competition |
| Fundamentals | Eastern Silk | Peer Average |
| Return On Equity | -1.27 | -0.31 |
| Return On Asset | -0.0576 | -0.14 |
| Profit Margin | (0.65) % | (1.27) % |
| Operating Margin | (0.48) % | (5.51) % |
| Current Valuation | 568.84 M | 16.62 B |
| Shares Outstanding | 78.95 M | 571.82 M |
| Shares Owned By Insiders | 61.72 % | 10.09 % |
| Price To Sales | 0.83 X | 11.42 X |
| Revenue | 189.2 M | 9.43 B |
| Gross Profit | 122.52 M | 27.38 B |
| EBITDA | (102.77 M) | 3.9 B |
| Net Income | (123.04 M) | 570.98 M |
| Cash And Equivalents | 32.04 M | 2.7 B |
| Total Debt | 581.52 M | 5.32 B |
| Book Value Per Share | 8.06 X | 1.93 K |
| Cash Flow From Operations | 86.26 M | 971.22 M |
| Earnings Per Share | (2.25) X | 3.12 X |
| Beta | 1.05 | -0.15 |
| Market Capitalization | 168.17 M | 19.03 B |
| Total Asset | 1.35 B | 29.47 B |
| Retained Earnings | (2.2 B) | 9.33 B |
| Working Capital | (133.63 M) | 1.48 B |
| Net Asset | 1.35 B |
Eastern Silk Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Eastern . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Eastern Silk Buy or Sell Advice
When is the right time to buy or sell Eastern Silk Industries? Buying financial instruments such as Eastern Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Eastern Silk in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Measuring and Control Equipment Thematic Idea Now
Measuring and Control Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Measuring and Control Equipment theme has 61 constituents at this time.
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Other Information on Investing in Eastern Stock
Eastern Silk financial ratios help investors to determine whether Eastern Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Eastern with respect to the benefits of owning Eastern Silk security.