2. Is Ritesh International Ltd undervalued or overvalued?
The key valuation ratios of Ritesh International Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.
3. Is Ritesh International Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Ritesh International Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
10 Year X-Ray of Ritesh International:
Analysis of Financial Track Record
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
What is a Financial Track Record? How to read this chart in order to understand the data present here?
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Ritesh International Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good
Value Creation ⓘ
Value Creation Index Colour Code Guide
ⓘ
Mar'14
Mar'15
Mar'16
Mar'17
Mar'18
Mar'19
Mar'20
Mar'21
Mar'22
Mar'23
TTM
ROCE % ⓘ
3%
-15.9%
1.2%
3.2%
2.4%
-2.9%
3.2%
13.3%
18.4%
7.2%
-
Value Creation Index ⓘ
-0.8
-2.1
-0.9
-0.8
-0.8
-1.2
-0.8
-0.1
0.3
-0.5
-
Growth Parameters ⓘ
Growth Parameters Colour Code Guide
ⓘ
Sales ⓘ
24.4
28.8
21.7
21.2
35.1
39.8
43.7
74.9
140
127
79
Sales YoY Gr.
-
18%
-24.6%
-2.3%
65.5%
13.3%
9.6%
71.6%
87.6%
-9.9%
-
Adj EPS ⓘ
0.2
-3.8
-0.2
0.2
0.1
-0.7
0.4
2.4
4.3
1.7
-2.1
YoY Gr.
-
-1975%
NA
NA
-35%
-607.7%
NA
577.1%
82.3%
-61.6%
-
BVPS (₹) ⓘ
19.1
12.5
12.5
12.9
13
13.1
13.4
15.8
19.9
21.5
21.4
Adj Net Profit ⓘ
0.2
-3.2
-0.2
0.2
0.1
-0.6
0.3
2
3.7
1.4
-2
Cash Flow from Ops. ⓘ
2.6
-0.7
-0.7
0.4
0.8
-0.2
0.9
1.2
2.3
5.2
-
Debt/CF from Ops. ⓘ
1.5
-3.9
-5.1
8
3.2
-11.7
1.8
3.9
3
0.9
-
CAGR ⓘ
CAGR Colour Code Guide
ⓘ
9 Years
5 Years
3 Years
1 Years
Sales ⓘ
20.1%
29.2%
42.6%
-9.9%
Adj EPS ⓘ
26.5%
66.4%
68%
-61.6%
BVPSⓘ
1.3%
10.5%
17.1%
8.1%
Share Price
21.8%
40.2%
-3.6%
-43.9%
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide
ⓘ
Mar'14
Mar'15
Mar'16
Mar'17
Mar'18
Mar'19
Mar'20
Mar'21
Mar'22
Mar'23
TTM
Return on Equity % ⓘ
1
-22.1
-1.7
1.5
0.9
-4.6
2.5
15.1
22.8
7.6
-9.7
Op. Profit Mgn % ⓘ
2.9
-5.7
1.4
3.2
1.9
-1.2
1.9
3.7
4
2.5
-0.3
Net Profit Mgn % ⓘ
0.7
-11.1
-0.9
0.8
0.3
-1.4
0.7
2.7
2.6
1.1
-2.3
Debt to Equity ⓘ
0.2
0.3
0.4
0.3
0.2
0.2
0.2
0.3
0.4
0.3
-
Working Cap Days ⓘ
153
113
142
153
99
91
87
57
42
47
35
Cash Conv. Cycle ⓘ
46
48
65
84
61
63
58
42
34
36
18
Recent Performance Summary
Sales growth is growing at healthy rate in last 3 years 42.62%
Return on Equity is Poor
Sales growth is not so good in last 4 quarters at -45.38%
Company share prices are keep on changing according to the market conditions. The closing price of Ritesh International on 25-Apr-2024 16:01 is ₹28.20.
What is the market cap of Ritesh International?
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 25-Apr-2024 16:01 the market cap of Ritesh International stood at ₹24.16.
What is the P/E ratio of Ritesh International?
The latest P/E ratio of Ritesh International as of 25-Apr-2024 16:01 is 0.00.
What is the P/B ratio of Ritesh International?
The latest P/B ratio of Ritesh International as of 25-Apr-2024 16:01 is 1.32.
What is the 52-week high and low of Ritesh International?
The 52-week high of Ritesh International is ₹67.30 and the 52-week low is ₹23.18.
What is the TTM revenue of Ritesh International?
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ritesh International is ₹78.82 ( Cr.) .
About Ritesh International Ltd
Ritesh International was incorporated in 1982 and was earlier known as Sukhchain Oils Industries. Later the name was changed to Ritesh international The Company manufactures rubber, cosmetic and polyvinyl chloride grade stearic acid; crude and refined glycerin; fatty acid and distilled fatty acid. These products are used in the rubber, detergent, paint, cosmetic, pharmaceutical and other segments.
The company’s registered office is located at 356, Industrial Area - A, Ludhiana, Punjab-141003.
Company quality is determined using minimum hurdle rate for return on capital employed and free cash flows for last 10 years.
Companies with smaller size have higher hurdle rate.
High quality stocks are important for long term investment.
Value
Valuation is computed by comparing relevant price multiples versus industry and its own history.
One unique and very important modification is our adjustment for company's financials for cyclicality and normalized profitability.
or based on whether current ratio is lower or higher than median values. See graph for better assessment.
Valuation is important for long term investment.
Actual valuation done by our Equity Analysts may differ from the Free DeciZen maker valuation. Subscribe to our premium products for more information on actual valuation
Price
Price rating is given based on stock price strength using moving averages and relative strength on shorter timeframe.
Short term time frame has little to no significance for long term investing but it can help in deciding how fast or how slow one can add a stock top your portfolio.
Only after a stock satisfies Quality and Value parameters, use price trend to build a position. Add slowly if price trend is Red or Orange. Add quickly if price trend is Green.
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Fund are color-coded Green provided the portfolio has 70% holding in Green stocks but not more than 20% in Red stocks.
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The
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With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number
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Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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