Zenith Steel (India) Buy Hold or Sell Recommendation
| ZENITHSTL | 8.85 0.07 0.80% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Zenith Steel Pipes is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Zenith Steel Pipes given historical horizon and risk tolerance towards Zenith Steel. When Macroaxis issues a 'buy' or 'sell' recommendation for Zenith Steel Pipes, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Zenith Steel 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 Zenith and provide practical buy, sell, or hold advice based on investors' constraints. Zenith Steel Pipes. 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.
Zenith |
Execute Zenith Steel Buy or Sell Advice
The Zenith recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Zenith Steel Pipes. Macroaxis does not own or have any residual interests in Zenith Steel Pipes or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Zenith Steel's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Zenith Steel Trading Alerts and Improvement Suggestions
| Zenith Steel Pipes has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 1.43 B. Net Loss for the year was (4.63 M) with profit before overhead, payroll, taxes, and interest of 413.76 M. | |
| About 44.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Zenith Steel Reports Strong Financial Performance in Q2 of FY 2024-2025 - MarketsMojo |
Zenith Steel Returns Distribution Density
The distribution of Zenith Steel's historical returns is an attempt to chart the uncertainty of Zenith Steel's future price movements. The chart of the probability distribution of Zenith Steel daily returns describes the distribution of returns around its average expected value. We use Zenith Steel Pipes price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Zenith Steel returns is essential to provide solid investment advice for Zenith Steel.
| Mean Return | 0.03 | Value At Risk | -3.45 | Potential Upside | 4.94 | Standard Deviation | 2.36 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Zenith Steel historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Zenith Steel Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (43.9M) | (54.5M) | (171.9M) | 7.0B | 10.8M | 10.3M | |
| Change In Cash | (19.9M) | 3.4M | (14.2M) | 3.2M | (48.4M) | (46.0M) | |
| Free Cash Flow | 247.1M | 158.3M | (16.8M) | 16.2B | 33.6M | 31.9M | |
| Depreciation | 89.0M | 51.9M | 26.7M | 24.5M | 25.8M | 42.3M | |
| Other Non Cash Items | 229.0M | 167.8M | 54.5M | (109.2M) | 40.3M | 38.2M | |
| Capital Expenditures | 2.2M | 6.1M | 5.1M | 37.1M | 13.9M | 13.2M | |
| Net Income | (283.4M) | (135.8M) | 54.2M | (143.8M) | (4.6M) | (4.9M) | |
| End Period Cash Flow | 25.3M | 28.7M | 14.5M | 52.7M | 4.3M | 4.1M | |
| Investments | 142.9M | (2.7M) | 104.4M | (37.0M) | (24.2M) | (23.0M) | |
| Net Borrowings | (135.7M) | (363.2M) | (119.8M) | (4.7M) | (5.4M) | (5.7M) | |
| Change To Netincome | 234.7M | 191.4M | (7.6M) | 47.8M | 43.1M | 40.9M |
Zenith Steel 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 Zenith Steel or Metals & Mining 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 Zenith Steel'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 Zenith 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 | 0.01 | |
β | Beta against Dow Jones | 0.03 | |
σ | Overall volatility | 2.38 | |
Ir | Information ratio | -0.04 |
Zenith Steel Volatility Alert
Zenith Steel Pipes currently demonstrates below-average downside deviation. It has Information Ratio of -0.04 and Jensen Alpha of 0.01. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Zenith Steel'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 Zenith Steel'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.Zenith Steel Fundamentals Vs Peers
Comparing Zenith Steel'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 Zenith Steel's direct or indirect competition across all of the common fundamentals between Zenith Steel and the related equities. This way, we can detect undervalued stocks with similar characteristics as Zenith Steel or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Zenith Steel's fundamental indicators could also be used in its relative valuation, which is a method of valuing Zenith Steel by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Zenith Steel to competition |
| Fundamentals | Zenith Steel | Peer Average |
| Return On Asset | -0.0101 | -0.14 |
| Profit Margin | (0) % | (1.27) % |
| Operating Margin | (0.11) % | (5.51) % |
| Current Valuation | 3.18 B | 16.62 B |
| Shares Outstanding | 142.28 M | 571.82 M |
| Shares Owned By Insiders | 43.57 % | 10.09 % |
| Price To Sales | 0.85 X | 11.42 X |
| Revenue | 1.43 B | 9.43 B |
| Gross Profit | 413.76 M | 27.38 B |
| EBITDA | 47.02 M | 3.9 B |
| Net Income | (4.63 M) | 570.98 M |
| Total Debt | 2.15 B | 5.32 B |
| Book Value Per Share | (18.05) X | 1.93 K |
| Cash Flow From Operations | 47.44 M | 971.22 M |
| Number Of Employees | 166 | 18.84 K |
| Beta | 0.001 | -0.15 |
| Market Capitalization | 1.26 B | 19.03 B |
| Total Asset | 1.82 B | 29.47 B |
| Retained Earnings | (5.51 B) | 9.33 B |
| Working Capital | (2.95 B) | 1.48 B |
| Net Asset | 1.82 B |
Zenith Steel Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Zenith . 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 Zenith Steel Buy or Sell Advice
When is the right time to buy or sell Zenith Steel Pipes? Buying financial instruments such as Zenith 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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Additional Tools for Zenith Stock Analysis
When running Zenith Steel's price analysis, check to measure Zenith Steel's 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 Zenith Steel is operating at the current time. Most of Zenith Steel's value examination focuses on studying past and present price action to predict the probability of Zenith Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zenith Steel's price. Additionally, you may evaluate how the addition of Zenith Steel to your portfolios can decrease your overall portfolio volatility.