Elin Electronics Financials

ELIN Stock   204.40  2.70  1.34%   
We urge to utilize Elin Electronics fundamental analysis to see if markets are presently undervaluing or overvaluing the company. Put another way, you can exercise it to find out if Elin Electronics is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We are able to interpolate and collect twenty-five available fundamental indicators for Elin Electronics Limited, which can be compared to its peers. The stock experiences a large bullish trend. Check odds of Elin Electronics to be traded at 224.84 in 90 days. Key indicators impacting Elin Electronics' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Operating Income386.7 M206.2 M
Way Up
Slightly volatile
  
Understanding current and past Elin Electronics Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Elin Electronics' financial statements are interrelated, with each one affecting the others. For example, an increase in Elin Electronics' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Elin Electronics' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Elin Electronics Limited. Check Elin Electronics' Beneish M Score to see the likelihood of Elin Electronics' management manipulating its earnings.

Elin Electronics Stock Summary

Elin Electronics competes with ICICI Securities, Nippon Life, Fortis Healthcare, CEAT, and KEC International. Elin Electronics is entity of India. It is traded as Stock on NSE exchange.
Specialization
Industrials, Electrical Equipment & Parts
InstrumentIndia Stock View All
ExchangeNational Stock Exchange of India
ISININE050401020
Business AddressElin House, 4771,
SectorElectrical Equipment
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.elinindia.com
Phone91 11 4300 0400
You should never invest in Elin Electronics without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Elin Stock, because this is throwing your money away. Analyzing the key information contained in Elin Electronics' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Elin Electronics Key Financial Ratios

There are many critical financial ratios that Elin Electronics' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Elin Electronics reports annually and quarterly.

Elin Electronics Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets3.9B5.1B5.3B7.3B6.7B5.9B
Other Current Liab(452.3K)(40.6M)132.8M198.0M276.4M290.2M
Net Debt610.2M1.1B985.1M779.7M(217.1M)(206.3M)
Retained Earnings1.4B1.7B2.0B2.3B2.8B2.1B
Accounts Payable681.6M1.0B992.4M1.3B1.1B1.1B
Cash90.7M46.8M40.1M3.9M337.1M353.9M
Net Receivables908.2M1.8B1.8B2.0B2.0B1.8B
Inventory799M1.1B1.2B1.2B1.1B1.2B
Other Current Assets1.0B1.9B189.3M235.0M204.2M194.0M
Total Liab1.6B2.5B2.3B2.4B1.7B2.3B
Total Current Assets2.2B3.3B3.2B4.6B4.2B3.7B
Short Term Debt298.3M766.3M683.7M382.6M114.8M109.1M
Intangible Assets950K6.7M4.2M11.2M5.8M5.5M

Elin Electronics Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense113.9M93.3M122.0M130.6M77.4M88.9M
Total Revenue7.7B8.4B10.7B10.8B10.4B10.3B
Gross Profit1.7B1.7B2.0B2.8B1.0B1.8B
Operating Income514.2M551.0M643.5M487.6M206.2M386.7M
Ebit359.5M571.7M655.8M487.6M278.0M380.1M
Research Development65.6M60.5M59.2M65.4M58.9M50.7M
Ebitda562.2M690.0M799.3M673.7M496.5M695.4M
Cost Of Revenue6.0B6.7B8.7B8.0B9.4B8.5B
Income Before Tax351.1M474.9M528.7M357.0M196.8M305.1M
Net Income274.9M348.6M391.8M268.0M138.7M228.4M
Income Tax Expense76.2M126.4M137.3M89M58.1M76.7M

Elin Electronics Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory19.1M(350.9M)(47.2M)(37.1M)129.0M135.4M
Change In Cash59.6M(44.0M)(6.6M)(36.2M)(1.7M)(1.8M)
Free Cash Flow441.9M(540.8M)88.9M99.5M82.5M86.6M
Change In Working Capital222.8M(936.3M)(129.7M)78.5M46.3M48.6M
Begin Period Cash Flow31.2M90.7M46.8M40.1M3.9M3.7M
Other Cashflows From Financing Activities(116.9M)506.5M(110.7M)(10K)(81.2M)(77.1M)
Depreciation94.3M118.4M143.5M186.1M218.5M152.9M
Other Non Cash Items100.0M6.6M(29.8M)1.6M23.2M22.0M
Capital Expenditures326.2M204.3M424.0M523.7M330.5M386.8M
Total Cash From Operating Activities768.1M(336.4M)512.8M623.2M426.7M395.5M
Change To Account Receivables375.9M(919.1M)53.0M(200.7M)210K220.5K
Net Income351.1M474.9M528.7M357.0M138.7M131.8M
Total Cash From Financing Activities(284.4M)341.9M(241.4M)1.3B(792.7M)(753.0M)
End Period Cash Flow90.7M46.8M40.1M3.9M2.2M2.1M

Elin Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Elin Electronics's current stock value. Our valuation model uses many indicators to compare Elin Electronics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Elin Electronics competition to find correlations between indicators driving Elin Electronics's intrinsic value. More Info.
Elin Electronics Limited is rated # 3 in return on equity category among its peers. It is one of the top stocks in return on asset category among its peers reporting about  0.59  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Elin Electronics Limited is roughly  1.68 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Elin Electronics' earnings, one of the primary drivers of an investment's value.

Elin Electronics Systematic Risk

Elin Electronics' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Elin Electronics volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Elin Electronics correlated with the market. If Beta is less than 0 Elin Electronics generally moves in the opposite direction as compared to the market. If Elin Electronics Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Elin Electronics is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Elin Electronics is generally in the same direction as the market. If Beta > 1 Elin Electronics moves generally in the same direction as, but more than the movement of the benchmark.

Elin Electronics Limited Total Assets Over Time

Elin Electronics Thematic Clasifications

Elin Electronics Limited is part of Electronics investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Electronic manufacturers. Companies manufacturing electronic appliances and goods
ElectronicsView
This theme covers Electronic manufacturers. Companies manufacturing electronic appliances and goods. Get More Thematic Ideas

Elin Electronics November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Elin Electronics help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Elin Electronics Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of Elin Electronics Limited based on widely used predictive technical indicators. In general, we focus on analyzing Elin Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Elin Electronics's daily price indicators and compare them against related drivers.

Additional Tools for Elin Stock Analysis

When running Elin Electronics' price analysis, check to measure Elin Electronics' 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 Elin Electronics is operating at the current time. Most of Elin Electronics' value examination focuses on studying past and present price action to predict the probability of Elin Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elin Electronics' price. Additionally, you may evaluate how the addition of Elin Electronics to your portfolios can decrease your overall portfolio volatility.