Metkore Alloys (India) Valuation Overview

METKORE -- India Stock  

INR 1.56  0.00  0.00%

Metkore Alloys Indus secures last-minute Real Value of 1.6925 per share. The latest price of the firm is 1.56. Based on Macroaxis valuation methodology, the firm appears to be under valued. Macroaxis forecasts value of Metkore Alloys Indus from analyzing the firm fundamentals such as Shares Outstanding of 70.43M, Operating Margin of (461.23)% and Return On Equity of (39.89)% 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 regarded third in beta category among related companies. It is regarded second in price to book category among related companies fabricating about  5.94  of Price to Book per Beta.

Current Market Valuation

Metkore Alloys Indus Valuation Boundaries

Under Valued
September 21, 2018
1.56
Market Value
1.69
Real Value
Target Odds
  
10.99
Upside
Metkore Alloys is extremely volatile asset. Calculation of real value of Metkore Alloys Indus is based on 1 month 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 Money Flow Index module to determine momentum by analyzing money flow index and other technical indicators.
Search macroaxis.com