Raj Rayon Industries Stock Fundamentals
| RAJRILTD | 21.87 0.42 1.96% |
Raj Rayon Industries fundamentals help investors to digest information that contributes to Raj Rayon's financial success or failures. It also enables traders to predict the movement of Raj Stock. The fundamental analysis module provides a way to measure Raj Rayon'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 Raj Rayon stock.
At this time, Raj Rayon's Income Before Tax is comparatively stable compared to the past year. Net Income is likely to gain to about 42.5 M in 2024, whereas Total Operating Expenses is likely to drop slightly above 108.8 M in 2024. Raj | Select Account or Indicator |
Raj Rayon Industries Company Return On Equity Analysis
Raj Rayon's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Raj Rayon Return On Equity | 0.0381 |
Most of Raj Rayon's fundamental indicators, such as Return On Equity, 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, Raj Rayon Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Raj Total Stockholder Equity
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Based on the latest financial disclosure, Raj Rayon Industries has a Return On Equity of 0.0381. This is much higher than that of the Textiles, Apparel & Luxury Goods sector and significantly higher than that of the Consumer Discretionary industry. The return on equity for all India stocks is notably lower than that of the firm.
Raj Rayon Industries Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Raj Rayon's current stock value. Our valuation model uses many indicators to compare Raj Rayon value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Raj Rayon competition to find correlations between indicators driving Raj Rayon's intrinsic value. More Info.Raj Rayon Industries is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.71 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Raj Rayon Industries is roughly 1.40 . 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 Raj Rayon's earnings, one of the primary drivers of an investment's value.Raj Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Raj Rayon's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Raj Rayon could also be used in its relative valuation, which is a method of valuing Raj Rayon by comparing valuation metrics of similar companies.Raj Rayon is currently under evaluation in return on equity category among its peers.
Raj Fundamentals
| Return On Equity | 0.0381 | ||||
| Return On Asset | 0.0272 | ||||
| Profit Margin | 0.0003 % | ||||
| Operating Margin | 0 % | ||||
| Current Valuation | 13.57 B | ||||
| Shares Outstanding | 556.08 M | ||||
| Shares Owned By Insiders | 97.84 % | ||||
| Price To Book | 12.11 X | ||||
| Price To Sales | 1.57 X | ||||
| Revenue | 7.45 B | ||||
| Gross Profit | 269.28 M | ||||
| EBITDA | 300.92 M | ||||
| Net Income | 99.3 M | ||||
| Total Debt | 1.76 B | ||||
| Book Value Per Share | 1.50 X | ||||
| Cash Flow From Operations | 787.13 M | ||||
| Earnings Per Share | (0.14) X | ||||
| Number Of Employees | 317 | ||||
| Beta | -1.71 | ||||
| Market Capitalization | 12.47 B | ||||
| Total Asset | 4.21 B | ||||
| Retained Earnings | (852.36 M) | ||||
| Working Capital | (149.49 M) | ||||
| Net Asset | 4.21 B |
About Raj Rayon Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Raj Rayon Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Raj Rayon using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Raj Rayon Industries 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 Reported | Projected for Next Year | ||
| Current Deferred Revenue | 257 K | 244.2 K | |
| Total Revenue | 7.5 B | 7.8 B | |
| Cost Of Revenue | 6 B | 6.3 B |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Raj Stock Analysis
When running Raj Rayon's price analysis, check to measure Raj Rayon'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 Raj Rayon is operating at the current time. Most of Raj Rayon's value examination focuses on studying past and present price action to predict the probability of Raj Rayon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Raj Rayon's price. Additionally, you may evaluate how the addition of Raj Rayon to your portfolios can decrease your overall portfolio volatility.