Thermax (India) Performance
| THERMAX Stock | 4,905 108.95 2.27% |
The entity has a beta of 0.39, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Thermax's returns are expected to increase less than the market. However, during the bear market, the loss of holding Thermax is expected to be smaller as well. At this point, Thermax Limited has a negative expected return of -0.0737%. Please make sure to validate Thermax's potential upside, and the relationship between the total risk alpha and kurtosis , to decide if Thermax Limited performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Thermax Limited has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong primary indicators, Thermax is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Forward Dividend Yield 0.0024 | Payout Ratio 0.1823 | Last Split Factor 5:1 | Forward Dividend Rate 12 | Ex Dividend Date 2024-07-05 |
1 | Thermax Posts Strong Q2 Profit, Outshines Expectations - Finimize | 11/12/2024 |
2 | Jefferies Maintains Buy On Thermax, Cites Robust Orderbook, Strong Green Solutions Segment - NDTV Profit | 11/18/2024 |
3 | Thermax share price trading at 20 percent discount Should you buy it despite valuation concerns - Trade Brains | 11/21/2024 |
| Begin Period Cash Flow | 4.5 B |
Thermax |
Thermax Relative Risk vs. Return Landscape
If you would invest 520,700 in Thermax Limited on September 18, 2024 and sell it today you would lose (30,215) from holding Thermax Limited or give up 5.8% of portfolio value over 90 days. Thermax Limited is generating negative expected returns and assumes 2.2191% volatility on return distribution over the 90 days horizon. Simply put, 19% of stocks are less volatile than Thermax, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Thermax Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thermax's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Thermax Limited, and traders can use it to determine the average amount a Thermax's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0332
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| Negative Returns | THERMAX |
Estimated Market Risk
| 2.22 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Thermax is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Thermax by adding Thermax to a well-diversified portfolio.
Thermax Fundamentals Growth
Thermax Stock prices reflect investors' perceptions of the future prospects and financial health of Thermax, and Thermax fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Thermax Stock performance.
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0464 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 524.94 B | ||||
| Shares Outstanding | 112.63 M | ||||
| Price To Book | 11.68 X | ||||
| Price To Sales | 5.77 X | ||||
| Revenue | 92.37 B | ||||
| Gross Profit | 26.43 B | ||||
| EBITDA | 10.8 B | ||||
| Net Income | 6.45 B | ||||
| Cash And Equivalents | 1.52 B | ||||
| Total Debt | 12.96 B | ||||
| Book Value Per Share | 394.23 X | ||||
| Cash Flow From Operations | 2.47 B | ||||
| Earnings Per Share | 65.72 X | ||||
| Total Asset | 101.53 B | ||||
| Retained Earnings | 37.11 B | ||||
About Thermax Performance
Evaluating Thermax's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Thermax has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Thermax has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Thermax is entity of India. It is traded as Stock on NSE exchange.Things to note about Thermax Limited performance evaluation
Checking the ongoing alerts about Thermax for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Thermax Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Thermax Limited generated a negative expected return over the last 90 days | |
| Thermax Limited is unlikely to experience financial distress in the next 2 years | |
| About 74.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Thermax share price trading at 20 percent discount Should you buy it despite valuation concerns - Trade Brains |
- Analyzing Thermax's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Thermax's stock is overvalued or undervalued compared to its peers.
- Examining Thermax's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Thermax's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Thermax's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Thermax's stock. These opinions can provide insight into Thermax's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Thermax Stock Analysis
When running Thermax's price analysis, check to measure Thermax'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 Thermax is operating at the current time. Most of Thermax's value examination focuses on studying past and present price action to predict the probability of Thermax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thermax's price. Additionally, you may evaluate how the addition of Thermax to your portfolios can decrease your overall portfolio volatility.