Grasim Industries Limited Stock Beta
| GRASIM Stock | 2,714 20.45 0.76% |
Grasim Industries Limited fundamentals help investors to digest information that contributes to Grasim Industries' financial success or failures. It also enables traders to predict the movement of Grasim Stock. The fundamental analysis module provides a way to measure Grasim Industries' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Grasim Industries stock.
Grasim | Beta |
Grasim Industries Limited Company Beta Analysis
Grasim Industries' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Grasim Industries Beta | 0.52 |
Most of Grasim Industries' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Grasim Industries Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Grasim Industries Limited has a Beta of 0.524. This is 39.77% lower than that of the Construction Materials sector and 63.36% lower than that of the Materials industry. The beta for all India stocks is notably lower than that of the firm.
Grasim Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Grasim Industries' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Grasim Industries could also be used in its relative valuation, which is a method of valuing Grasim Industries by comparing valuation metrics of similar companies.Grasim Industries is currently under evaluation in beta category among its peers.
Grasim Industries ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Grasim Industries' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Grasim Industries' managers, analysts, and investors.Environment Score | Governance Score | Social Score |
As returns on the market increase, Grasim Industries' returns are expected to increase less than the market. However, during the bear market, the loss of holding Grasim Industries is expected to be smaller as well.
Grasim Fundamentals
| Return On Equity | 0.0758 | ||||
| Return On Asset | 0.037 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.16 % | ||||
| Current Valuation | 3.08 T | ||||
| Shares Outstanding | 656.37 M | ||||
| Shares Owned By Insiders | 48.83 % | ||||
| Shares Owned By Institutions | 25.80 % | ||||
| Price To Book | 1.97 X | ||||
| Price To Sales | 1.36 X | ||||
| Revenue | 1.3 T | ||||
| Gross Profit | 663.79 B | ||||
| EBITDA | 278.85 B | ||||
| Net Income | 56.24 B | ||||
| Cash And Equivalents | 23.13 B | ||||
| Total Debt | 1.37 T | ||||
| Book Value Per Share | 1,307 X | ||||
| Cash Flow From Operations | (107.19 B) | ||||
| Earnings Per Share | 67.61 X | ||||
| Target Price | 2886.27 | ||||
| Number Of Employees | 25.93 K | ||||
| Beta | 0.52 | ||||
| Market Capitalization | 1.82 T | ||||
| Total Asset | 4.13 T | ||||
| Retained Earnings | 120.15 B | ||||
| Working Capital | (60.68 B) | ||||
| Annual Yield | 0 % | ||||
| Net Asset | 4.13 T |
About Grasim Industries Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Grasim Industries Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Grasim Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Grasim Industries Limited 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.
Please read more on our fundamental analysis page.
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Grasim Industries financial ratios help investors to determine whether Grasim 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 Grasim with respect to the benefits of owning Grasim Industries security.