Spentex Industries (India) Buy Hold or Sell Recommendation
| SPENTEX Stock | 280.00 0.00 0.00% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Spentex Industries Limited is 'Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Spentex Industries Limited given historical horizon and risk tolerance towards Spentex Industries. When Macroaxis issues a 'buy' or 'sell' recommendation for Spentex Industries Limited, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Spentex Industries 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. In addition, we conduct extensive research on individual companies such as Spentex and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Spentex Industries Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Spentex |
Execute Spentex Industries Buy or Sell Advice
The Spentex recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Spentex Industries Limited. Macroaxis does not own or have any residual interests in Spentex Industries Limited or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Spentex Industries' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
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Not Rated
Spentex Industries Trading Alerts and Improvement Suggestions
| Spentex Industries generated a negative expected return over the last 90 days | |
| The company reported the revenue of 78.93 M. Net Loss for the year was (342.81 M) with profit before overhead, payroll, taxes, and interest of 911.68 M. | |
| Spentex Industries generates negative cash flow from operations | |
| About 99.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Girnar Spintex Industries Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2024 - Marketscreener.com |
Spentex Industries Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 9.0M | (9.2M) | (44.2M) | (995K) | 39.5M | 41.4M | |
| Free Cash Flow | 65.5M | 60.5M | (44.3M) | (995K) | (113.7M) | (119.3M) | |
| Depreciation | 105.8M | 100.2M | 93.5M | 90.1M | 100.2M | 95.2M | |
| Other Non Cash Items | (240.0M) | 162.8M | (98K) | 1.6B | 1.4B | 726.0M | |
| Net Income | (1.2B) | (363.7M) | (114.6M) | (109.4M) | (342.8M) | (359.9M) |
Spentex Industries 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 Spentex Industries 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 Spentex Industries' 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 Spentex 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 |
Spentex Industries Volatility Alert
At this time Spentex Industries Limited exhibits very low volatility. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Spentex Industries' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Spentex Industries' 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.Spentex Industries Fundamentals Vs Peers
Comparing Spentex Industries' 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 Spentex Industries' direct or indirect competition across all of the common fundamentals between Spentex Industries and the related equities. This way, we can detect undervalued stocks with similar characteristics as Spentex Industries or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Spentex Industries' fundamental indicators could also be used in its relative valuation, which is a method of valuing Spentex Industries by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Spentex Industries to competition |
| Fundamentals | Spentex Industries | Peer Average |
| Return On Asset | -0.16 | -0.14 |
| Operating Margin | (4.32) % | (5.51) % |
| Current Valuation | 20.25 B | 16.62 B |
| Shares Outstanding | 996.47 K | 571.82 M |
| Shares Owned By Insiders | 98.95 % | 10.09 % |
| Price To Sales | 0.14 X | 11.42 X |
| Revenue | 78.93 M | 9.43 B |
| Gross Profit | 911.68 M | 27.38 B |
| EBITDA | (249.48 M) | 3.9 B |
| Net Income | (342.81 M) | 570.98 M |
| Total Debt | 349.29 M | 5.32 B |
| Book Value Per Share | 7.89 X | 1.93 K |
| Cash Flow From Operations | (89.95 M) | 971.22 M |
| Earnings Per Share | (122.00) X | 3.12 X |
| Beta | 0.21 | -0.15 |
| Market Capitalization | 242.4 M | 19.03 B |
| Total Asset | 957.48 M | 29.47 B |
| Retained Earnings | (7.89 B) | 9.33 B |
| Working Capital | (6.55 B) | 1.48 B |
| Net Asset | 957.48 M |
Spentex Industries Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Spentex . 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 Spentex Industries Buy or Sell Advice
When is the right time to buy or sell Spentex Industries Limited? Buying financial instruments such as Spentex 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.
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In addition to having Spentex Industries 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?
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Funds or Etfs that invest in both long and short positions of different entities to enhance returns from broad market movements over time. The Market Neutral Funds theme has 41 constituents at this time.
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Additional Tools for Spentex Stock Analysis
When running Spentex Industries' price analysis, check to measure Spentex Industries' 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 Spentex Industries is operating at the current time. Most of Spentex Industries' value examination focuses on studying past and present price action to predict the probability of Spentex Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spentex Industries' price. Additionally, you may evaluate how the addition of Spentex Industries to your portfolios can decrease your overall portfolio volatility.