Sportking India Limited Stock Fundamentals

SPORTKING   95.06  1.79  1.92%   
Sportking India Limited fundamentals help investors to digest information that contributes to Sportking India's financial success or failures. It also enables traders to predict the movement of Sportking Stock. The fundamental analysis module provides a way to measure Sportking India'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 Sportking India stock.
As of now, Sportking India's EBIT is increasing as compared to previous years. The Sportking India's current Total Operating Expenses is estimated to increase to about 2.7 B, while Depreciation And Amortization is projected to decrease to under 620.1 M.
  
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Sportking India Limited Company Return On Equity Analysis

Sportking India'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.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Sportking India Return On Equity

    
  0.1  
Most of Sportking India'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, Sportking India Limited 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.
Competition

Sportking Total Stockholder Equity

Total Stockholder Equity

9.48 Billion

As of now, Sportking India's Total Stockholder Equity is increasing as compared to previous years.
Based on the latest financial disclosure, Sportking India Limited has a Return On Equity of 0.1029. This is 97.14% lower than that of the Textiles, Apparel & Luxury Goods sector and 98.4% lower than that of the Consumer Discretionary industry. The return on equity for all India stocks is 133.19% lower than that of the firm.

Sportking India Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Sportking India's current stock value. Our valuation model uses many indicators to compare Sportking India value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sportking India competition to find correlations between indicators driving Sportking India's intrinsic value. More Info.
Sportking India Limited 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  0.66  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Sportking India Limited is roughly  1.52 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Sportking India by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Sportking India's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Sportking Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sportking India'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 Sportking India could also be used in its relative valuation, which is a method of valuing Sportking India by comparing valuation metrics of similar companies.
Sportking India is currently under evaluation in return on equity category among its peers.

Sportking Fundamentals

About Sportking India Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Sportking India Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sportking India using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sportking India 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.
Last ReportedProjected for Next Year
Current Deferred Revenue24.2 M23 M
Total Revenue23.8 B15.2 B
Cost Of Revenue20.9 B11 B

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Other Information on Investing in Sportking Stock

Sportking India financial ratios help investors to determine whether Sportking 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 Sportking with respect to the benefits of owning Sportking India security.