Sintex Plastics Technology Stock Beta
| SPTL Stock | 1.06 0.00 0.00% |
Sintex Plastics Technology fundamentals help investors to digest information that contributes to Sintex Plastics' financial success or failures. It also enables traders to predict the movement of Sintex Stock. The fundamental analysis module provides a way to measure Sintex Plastics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Sintex Plastics stock.
Sintex | Beta |
Sintex Plastics Technology Company Beta Analysis
Sintex Plastics' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Sintex Plastics Beta | 0.96 |
Most of Sintex Plastics' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sintex Plastics Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Sintex Plastics Technology has a Beta of 0.962. This is 14.52% higher than that of the Chemicals sector and 35.0% lower than that of the Materials industry. The beta for all India stocks is notably lower than that of the firm.
Sintex Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sintex Plastics' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sintex Plastics could also be used in its relative valuation, which is a method of valuing Sintex Plastics by comparing valuation metrics of similar companies.Sintex Plastics is currently under evaluation in beta category among its peers.
Sintex Plastics returns are very sensitive to returns on the market. As the market goes up or down, Sintex Plastics is expected to follow.
Sintex Fundamentals
| Return On Equity | -1.98 | ||||
| Return On Asset | -0.16 | ||||
| Operating Margin | 0.67 % | ||||
| Current Valuation | 2.05 B | ||||
| Shares Outstanding | 636.15 M | ||||
| Shares Owned By Insiders | 0.07 % | ||||
| Shares Owned By Institutions | 0.01 % | ||||
| Price To Book | 5.70 X | ||||
| Price To Sales | 0.19 X | ||||
| Revenue | 31.3 M | ||||
| Gross Profit | 4.03 B | ||||
| EBITDA | (4.53 B) | ||||
| Net Income | (5.65 B) | ||||
| Cash And Equivalents | 189.7 M | ||||
| Total Debt | 1.41 B | ||||
| Book Value Per Share | (3.79) X | ||||
| Cash Flow From Operations | (130.6 M) | ||||
| Earnings Per Share | (6.60) X | ||||
| Beta | 0.96 | ||||
| Market Capitalization | 674.32 M | ||||
| Total Asset | 24.3 M | ||||
| Retained Earnings | 18.1 B | ||||
| Working Capital | (26.08 B) | ||||
| Net Asset | 24.3 M |
About Sintex Plastics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sintex Plastics Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sintex Plastics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sintex Plastics Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Sintex Stock Analysis
When running Sintex Plastics' price analysis, check to measure Sintex Plastics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sintex Plastics is operating at the current time. Most of Sintex Plastics' value examination focuses on studying past and present price action to predict the probability of Sintex Plastics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sintex Plastics' price. Additionally, you may evaluate how the addition of Sintex Plastics to your portfolios can decrease your overall portfolio volatility.