Metkore Alloys (India) Valuation

METKORE -- India Stock  

INR 1.42  0.04  0.03%

Metkore Alloys Indus secures last-minute Real Value of 1.43 per share. The latest price of the firm is 1.42. Based on Macroaxis valuation methodology, the firm appears to be fairly valued. Macroaxis forecasts value of Metkore Alloys Indus from analyzing the firm fundamentals such as Price to Book of 2.39X, Current Valuation of 675.4M and Return On Equity of (21.81)% as well as examining its technical indicators and Probability Of Bankruptcy. In general, we recommend to purchase undervalued stocks and to get rid of overvalued stocks since at some point entities prices and their ongoing real values will merge together.
Horizon     30 Days    Login   to change
Metkore Alloys Industries Limited is rated below average in price to sales category among related companies. It is rated below average in beta category among related companies .

Current Market Valuation

Metkore Alloys Indus Valuation Boundaries

Fairly Valued
January 18, 2019
1.42
Market Value
1.43
Real Value
Target Odds
Odds Odds
10.34
Upside
Metkore Alloys is exceptionally risky asset. Calculation of real value of Metkore Alloys Indus is based on 2 months time horizon. Increasing Metkore Alloys Indus time horizon generally increases accuracy of value calculation and significantly improves predictive power of the methodology used.
Please see also Stocks Correlation. Please also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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