Jindal Steel Power Stock Fundamentals

JINDALSTEL   878.95  7.75  0.89%   
Jindal Steel Power fundamentals help investors to digest information that contributes to Jindal Steel's financial success or failures. It also enables traders to predict the movement of Jindal Stock. The fundamental analysis module provides a way to measure Jindal Steel's 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 Jindal Steel stock.
At this time, Jindal Steel's Reconciled Depreciation is comparatively stable compared to the past year. Extraordinary Items is likely to gain to about 216 M in 2024, whereas Selling General Administrative is likely to drop slightly above 929.3 M in 2024.
  
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Jindal Steel Power Company Return On Asset Analysis

Jindal Steel's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Jindal Steel Return On Asset

    
  0.059  
Most of Jindal Steel's fundamental indicators, such as Return On 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, Jindal Steel Power is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Jindal Total Assets

Total Assets

635.32 Billion

At this time, Jindal Steel's Total Assets are comparatively stable compared to the past year.
Based on the latest financial disclosure, Jindal Steel Power has a Return On Asset of 0.059. This is 92.03% lower than that of the Metals & Mining sector and 98.76% lower than that of the Materials industry. The return on asset for all India stocks is 142.14% lower than that of the firm.

Jindal Steel Power Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Jindal Steel's current stock value. Our valuation model uses many indicators to compare Jindal Steel value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Jindal Steel competition to find correlations between indicators driving Jindal Steel's intrinsic value. More Info.
Jindal Steel Power is rated third overall in return on equity category among its peers. It also is rated third overall in return on asset category among its peers reporting about  0.52  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Jindal Steel Power is roughly  1.91 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Jindal Steel's earnings, one of the primary drivers of an investment's value.

Jindal Return On Asset Peer Comparison

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

Jindal Fundamentals

About Jindal Steel Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Jindal Steel Power's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Jindal Steel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Jindal Steel Power 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.
Last ReportedProjected for Next Year
Current Deferred Revenue7.9 B7.5 B
Total Revenue500.3 B298 B
Cost Of Revenue258 B180.9 B

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Additional Tools for Jindal Stock Analysis

When running Jindal Steel's price analysis, check to measure Jindal 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 Jindal Steel is operating at the current time. Most of Jindal Steel's value examination focuses on studying past and present price action to predict the probability of Jindal 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 Jindal Steel's price. Additionally, you may evaluate how the addition of Jindal Steel to your portfolios can decrease your overall portfolio volatility.