Happy Forgings Limited Stock Net Asset

HAPPYFORGE   1,066  3.50  0.33%   
Happy Forgings Limited fundamentals help investors to digest information that contributes to Happy Forgings' financial success or failures. It also enables traders to predict the movement of Happy Stock. The fundamental analysis module provides a way to measure Happy Forgings' 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 Happy Forgings stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Happy Forgings Limited Company Net Asset Analysis

Happy Forgings' Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Net Asset

 = 

Current Market Value

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Current Liabilities

More About Net Asset | All Equity Analysis

Current Happy Forgings Net Asset

    
  18.86 B  
Most of Happy Forgings' fundamental indicators, such as Net Asset, 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, Happy Forgings Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Competition

Happy Total Assets

Total Assets

13.16 Billion

At this time, Happy Forgings' Total Assets are very stable compared to the past year.
Based on the recorded statements, Happy Forgings Limited has a Net Asset of 18.86 B. This is much higher than that of the Machinery sector and significantly higher than that of the Industrials industry. The net asset for all India stocks is notably lower than that of the firm.

Happy Net Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Happy Forgings' direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Happy Forgings could also be used in its relative valuation, which is a method of valuing Happy Forgings by comparing valuation metrics of similar companies.
Happy Forgings is currently under evaluation in net asset category among its peers.

Happy Fundamentals

About Happy Forgings Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Happy Forgings Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Happy Forgings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Happy Forgings 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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Other Information on Investing in Happy Stock

Happy Forgings financial ratios help investors to determine whether Happy 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 Happy with respect to the benefits of owning Happy Forgings security.