Steel Strips Wheels Ltd Q1 FY2023-24 net profit at Rs. 47.59 crores - Equity Bulls
| PRAS Stock | IDR 97.00 0.00 0.00% |
About 56% of Prima Alloy's investor base is looking to short. The analysis of current outlook of investing in Prima Alloy Steel suggests that many traders are alarmed regarding Prima Alloy's prospects. Prima Alloy's investing sentiment shows overall attitude of investors towards Prima Alloy Steel.
Prima |
Steel Strips Wheels Ltd Q1 FY2023-24 net profit at Rs. 47.59 crores Equity Bulls
Read at news.google.com
 |
Prima Alloy Fundamental Analysis
We analyze Prima Alloy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Prima Alloy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Prima Alloy 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.
Debt To Equity
Debt To Equity Comparative Analysis
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Prima Alloy Steel Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Prima Alloy stock to make a market-neutral strategy. Peer analysis of Prima Alloy could also be used in its relative valuation, which is a method of valuing Prima Alloy by comparing valuation metrics with similar companies.
Peers
Prima Alloy Related Equities
| CASA | Capital Financial | 0.97 | ||||
| TECH | Indosterling Technomedia | 0.00 | ||||
| KKES | PT Kusuma | 0.00 | ||||
| PSAB | J Resources | 0.66 | ||||
| ISAT | Indosat Tbk | 0.83 | ||||
| INOV | Inocycle Technology | 1.00 | ||||
| AHAP | Asuransi Harta | 1.06 | ||||
| BBNI | Bank Negara | 5.02 | ||||
| JIHD | Jakarta Int | 9.93 |
Other Information on Investing in Prima Stock
Prima Alloy financial ratios help investors to determine whether Prima 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 Prima with respect to the benefits of owning Prima Alloy security.