Raj Rayon Fundamental Relationships

RAJRAYON -- India Stock  

INR 0.15  0.05  25.00%

The Drivers Module shows relationships between Raj Rayon's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of Raj Rayon Industries Limited over time as well as its relative position and ranking within its peers. Additionally take a look at Your Equity Center

Raj Rayon Industries Current Valuation vs. Beta Fundamental Analysis

Raj Rayon Industries Limited is rated below average in beta category among related companies. It is rated below average in current valuation category among related companies reporting about  1,666,666,667  of Current Valuation per Beta.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of financial instrument to the financial market in which this instrument is traded. For example if Beta of equity is 2, it will be expected to significantly outperform market when market is going up and significantly underperform when market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns during over time.
Raj Rayon 
Beta 
 = 
Covariance 
Variance 
=
0.75
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Enterprise Value is a firm valuation proxy that approximates current market value of a company. It is typically used to determine takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that company has on its balance sheet. When takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Raj Rayon 
Enterprise Value 
 = 
Market Cap + Debt 
-  
Cash 
=
1.25 B
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Raj Rayon Industries Limited is rated below average in current valuation category among related companies. After adjusting for long-term liabilities, total market size of Textile Industrial industry is at this time estimated at about 270.44 Billion. Raj Rayon adds roughly 1.25 Billion in current valuation claiming only tiny portion of equities listed under Textile Industrial industry.
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