Thermax (India) Analysis

Thermax Stock Analysis Notes

About 74.0% of the company outstanding shares are owned by corporate insiders. The company recorded earning per share (EPS) of 65.72. Thermax Limited last dividend was issued on the 5th of July 2024. The entity had 5:1 split on the 31st of March 2006. To find out more about Thermax Limited contact Ashish Bhandari at 91 20 6605 1200 or learn more at https://www.thermaxglobal.com.

Thermax Limited Investment Alerts

Thermax Market Capitalization

The company currently falls under 'Mega-Cap' category with a current market capitalization of 552.45 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Thermax's market, we take the total number of its shares issued and multiply it by Thermax's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Thermax Profitablity

The company has Profit Margin (PM) of 0.07 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.05 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.05.

Management Efficiency

Thermax Limited has return on total asset (ROA) of 0.0464 % which means that it generated a profit of $0.0464 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1548 %, meaning that it generated $0.1548 on every $100 dollars invested by stockholders. Thermax's management efficiency ratios could be used to measure how well Thermax manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Thermax's Non Current Assets Total are fairly stable compared to the past year. Non Currrent Assets Other is likely to rise to about 9.8 B in 2024, whereas Total Assets are likely to drop slightly above 55.1 B in 2024.

Technical Drivers

As of the 17th of December 2024, Thermax has the Risk Adjusted Performance of 0.0583, semi deviation of 2.17, and Coefficient Of Variation of 1407.86. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Thermax Limited, as well as the relationship between them.

Thermax Limited Price Movement Analysis

Thermax Outstanding Bonds

Thermax Predictive Daily Indicators

Thermax Forecast Models

Thermax's time-series forecasting models are one of many Thermax's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Thermax's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Thermax prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Thermax shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Thermax. By using and applying Thermax Stock analysis, traders can create a robust methodology for identifying Thermax entry and exit points for their positions.

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.