Patel Engineering (India) Performance
| PATELENG | 53.21 0.10 0.19% |
The company holds a Beta of 0.35, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Patel Engineering's returns are expected to increase less than the market. However, during the bear market, the loss of holding Patel Engineering is expected to be smaller as well. At this point, Patel Engineering has a negative expected return of -0.16%. Please make sure to check Patel Engineering's accumulation distribution, as well as the relationship between the day typical price and relative strength index , to decide if Patel Engineering performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Patel Engineering Limited has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest weak performance, the Stock's technical and fundamental indicators remain healthy and the recent disarray on Wall Street may also be a sign of long period gains for the firm investors. ...more
Last Split Factor 2:1 | Ex Dividend Date 2012-10-01 | Last Split Date 2004-10-25 |
1 | Patel Engineering offloads remaining 9.99 percent equity stake in Welspun Michigan Engineers - The Economic Times | 10/30/2024 |
2 | Additional Considerations Required While Assessing Patel Engineerings Strong Earnings - Simply Wall St | 11/20/2024 |
| Begin Period Cash Flow | 2.1 B | |
| Free Cash Flow | 5.3 B |
Patel |
Patel Engineering Relative Risk vs. Return Landscape
If you would invest 5,974 in Patel Engineering Limited on September 2, 2024 and sell it today you would lose (653.00) from holding Patel Engineering Limited or give up 10.93% of portfolio value over 90 days. Patel Engineering Limited is generating negative expected returns and assumes 2.2088% volatility on return distribution over the 90 days horizon. Simply put, 19% of stocks are less volatile than Patel, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Patel Engineering Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Patel Engineering's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Patel Engineering Limited, and traders can use it to determine the average amount a Patel Engineering's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.071
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PATELENG |
Estimated Market Risk
| 2.21 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Patel Engineering is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Patel Engineering by adding Patel Engineering to a well-diversified portfolio.
Patel Engineering Fundamentals Growth
Patel Stock prices reflect investors' perceptions of the future prospects and financial health of Patel Engineering, and Patel Engineering fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Patel Stock performance.
| Return On Equity | 0.0985 | ||||
| Return On Asset | 0.0418 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.13 % | ||||
| Current Valuation | 50.88 B | ||||
| Shares Outstanding | 807.28 M | ||||
| Price To Book | 1.18 X | ||||
| Price To Sales | 0.95 X | ||||
| Revenue | 45.44 B | ||||
| Gross Profit | 11.41 B | ||||
| EBITDA | 7.96 B | ||||
| Net Income | 2.9 B | ||||
| Cash And Equivalents | 861.77 M | ||||
| Total Debt | 19.1 B | ||||
| Book Value Per Share | 40.77 X | ||||
| Cash Flow From Operations | 6.88 B | ||||
| Earnings Per Share | 3.88 X | ||||
| Total Asset | 89.96 B | ||||
| Retained Earnings | 8.95 B | ||||
About Patel Engineering Performance
By examining Patel Engineering's fundamental ratios, stakeholders can obtain critical insights into Patel Engineering's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Patel Engineering is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Patel Engineering is entity of India. It is traded as Stock on NSE exchange.Things to note about Patel Engineering performance evaluation
Checking the ongoing alerts about Patel Engineering for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Patel Engineering help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Patel Engineering generated a negative expected return over the last 90 days | |
| Patel Engineering is unlikely to experience financial distress in the next 2 years | |
| About 45.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Additional Considerations Required While Assessing Patel Engineerings Strong Earnings - Simply Wall St |
- Analyzing Patel Engineering's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Patel Engineering's stock is overvalued or undervalued compared to its peers.
- Examining Patel Engineering's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Patel Engineering's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Patel Engineering's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Patel Engineering's stock. These opinions can provide insight into Patel Engineering's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Patel Stock
Patel Engineering financial ratios help investors to determine whether Patel 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 Patel with respect to the benefits of owning Patel Engineering security.