Performance analysis of Fineotex Chemical Limited with 10 years historical data for Free Cash Flow, Return on Equity, Net Profit Margin, ... A company which has high return on equity is likely to grow faster in future in comparison to one that has lesser return on equity. The issue, comprising of 37.50% of the company's post issue paid-up capital, closes on 25 th February 2011.. 337927). The general public, with a 28% stake in the company, will not easily be ignored. Find how analysts rate Fineotex Chemical . The Discounted … Most would argue this is a positive, showing strong alignment with shareholders. This essentially means that they have significant control over the outcome or future of the company, which is why insider ownership is usually looked upon favourably by prospective buyers. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. In comparison, the second and third largest shareholders hold about 6.0% and 2.9% of the stock. Given it has a market cap of ₹7.4b, that means they have ₹4.6b worth of shares. Fineotex Chemical's P/E is 20 which is above average (15.2) in the IN market. Get detailed shareholding pattern of FCL. Fineotex Chemical shrunk earnings per share by 26% over the last year. Case in point: We've spotted 2 warning signs for Fineotex Chemical you should be aware of. Help shape the future of investing tools and you could win a $250 gift card! NSEI:FCL Earnings and Revenue Growth January 22nd 2021. Fineotex Chemical has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data. Fineotex Chemical Ltd. key Products/Revenue Segments include Speciality Chemicals and Export Incentives for … See our latest analysis for Fineotex Chemical. See fundamentals, technicals, peer comparison, shareholding change Fineotex Chemical Ltd. Live Stock Price, Analysis and Scores, Ratings, Future Prospects, Financials and News I generally like to see some degree of insider ownership, even if only a little. Production Capacity6,500MT p.a. Clearly, the high P/E indicates shareholders think it will! According to our data, Fineotex Chemical Limited has a market capitalization of ₹3.9b, and pays its CEO total annual compensation worth ₹5.8m. Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. The market is optimistic about the future, but that doesn't guarantee future growth. We aim to bring you long-term focused analysis driven by fundamental data. Fineotex has engaged in manufacturing of Specialty textile chemicals and Enzymes for Textile and Garment Industry, for Public Utility , Home and Personal Care, … 72 per share, aiming to raise Rs. Get live share price chart, key metrics, forecast and ratings of Fineotex Chemical Ltd - FCL on Tickertape The proposed deployment would be approx USD 5 million for this project. Simply Wall St does a detailed discounted cash flow calculation every 6 hours for every stock on the market, so if you want to find the intrinsic value of any company just search here. Fineotex Chemical has ROA of 6.52662045834241 % which is a bad sign for future performance. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us. Their clients from over 200 countries and territories trade stocks, options, futures, forex, bonds and funds worldwide from a single integrated account. Several well-known mutual funds/ investment houses like Reliance Wealth hold stake in Fineotex. It was acquired for diversification. A lower P/E should indicate the stock is cheap relative to others -- and that may attract buyers. 0.30 per Equity Share of Face Value of Rs. whether company directors have been buying shares, visualization of the analyst consensus on future earnings. The Company would commence commercial operations in the future. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. But EPS is up 17% over the last 5 years. Learn more about the team behind Simply Wall St. Note that our analysis does not factor in the latest price-sensitive company announcements.The author is an independent contributor and at the time of publication had no position in the stocks mentioned. As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio. 25-30 crore. Private companies may also have a strategic interest in the company. Let's take a closer look to see what the different types of shareholders can tell us about Fineotex Chemical. 3-YEAR PRICE CHART. Analyze Promoter holdings, FII holding and DII holding trends of Fineotex Chemical Ltd It does not constitute a recommendation to buy or sell any stock and does not take account of your objectives, or your financial situation. This article by Simply Wall St is general in nature. Want to participate in a short research study? Therefore, you may wish to see our free collection of interesting prospects boasting favorable financials. It's therefore worth looking at Fineotex Chemical's earnings history below. Know about Fineotex Chemical peers and competition. Fineotex Chemical has a wide range of products and offers an entire range of Specialty … In other words, it does not consider any debt or cash that the company may have on the balance sheet. Simply Wall St does a detailed discounted cash flow calculation every 6 hours for every stock on the market, so if you want to find the intrinsic value of any company just search here. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Interestingly, the third-largest shareholder, Sanjay Tibrewala is also a Member of the Board of Directors, again, indicating strong insider ownership amongst the company's top shareholders. Fineotex Chemical has a price to earnings ratio of 19.99, based on the last twelve months. The company has registered double-digit growth in almost all the years under analysis, with 29.2% YoY growth for 2018-2019. Their clients from over 200 countries and territories trade stocks, options, futures, forex, bonds and funds worldwide from a single integrated account. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Compare valuation, technicals, and forecasts of Fineotex Chemical Ltd against its competitors. Simply Wall St has no position in any of the companies mentioned. A higher P/E ratio means that investors are paying a higher price for each ₹1 of company earnings. Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. As you can see below, Fineotex Chemical has a higher P/E than the average company (14.7) in the chemicals industry. With a 58% stake, CEO Surendrakumar Tibrewala is the largest shareholder. Fineotex Chemical Limited (NSE:FCL), which is in the chemicals business, and is based in India, saw significant share price volatility over the past couple of months on the NSEI, rising Read More This suggests some credibility amongst professional investors. We'll show how you can use Fineotex Chemical Limited's (NSE:FCL) P/E ratio to inform your assessment of the investment opportunity. Get in touch with us directly. Our information suggests that there isn't any analyst coverage of the stock, so it is probably little known. Alternatively, email editorial-team (at) simplywallst.com. 60 to Rs. That means that the market expects Fineotex Chemical will outperform other companies in its industry. Get the latest updates on Fineotex Chemical Ltd Future Quotes Options, Fineotex Chemical Ltd F&O Analysis and stock market breaking news, headlines at The Financial Express You can click here to see if those insiders have been buying or selling. ₹79.91 cr in 2012 to ₹182.33 cr in 2019, absolute growth of 128% or a CAGR of 12.5% over seven years. That is not a good or a bad thing per se, but a high P/E does imply buyers are optimistic about the future. It’s FREE. Get instant access to a free live streaming chart of the Fineotex Chemical Ltd Stock. Promoted If you’re looking to trade Fineotex Chemical, open an account with the lowest-cost* platform trusted by professionals, Interactive Brokers. Of course this may not be the best stock to buy. So you may wish to see this freecollection of other companies that have grown earnings strongly. Insufficient Data. But to truly gain insight, we need to consider other information, too. click here to see if those insiders have been buying or selling. Simply Wall St is a financial technology startup focused on providing unbiased, high-quality research coverage on every listed company in the world. So this freevisualization of the analyst consensus on future earnings could help you make the right decision about whether to buy, sell, or hold. View our latest analysis for Fineotex Chemical, Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS), P/E of 19.99 = ₹33.75 ÷ ₹1.69 (Based on the trailing twelve months to December 2018.). This article is general in nature. This may not be consistent with full year annual report figures. Learn more about the team behind Simply Wall St. If the past is any guide, we would expect that Fineotex Chemical shares will rise quicker than the markets in times of optimism, but fall faster in times of pessimism. Theoretically, a business can improve its earnings (and produce a lower P/E in the future), by taking on debt (or spending its remaining cash). Get todays Live Stock Price for Fineotex Chemical with Performance, Fundamentals, Market Cap, Share holding, financial report, company profile, annual report, quarterly results, profit and loss, and more. Fineotex Chemical Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 22, 2021, inter alia, has recommended a dividend of Rs. 337927). Know about Fineotex Chemical peers and competition. Fineotex Chemical up by 0.00% is trading at ₹ 82.80 today. Simply Wall St is a financial technology startup focused on providing unbiased, high-quality research coverage on every listed company in the world. I find it very interesting to look at who exactly owns a company. We expect to commission the first phase by June 2021. Fineotex Chemical is a smaller company with a market capitalization of ₹7.4b, so it may still be flying under the radar of many institutional investors. Of course, the future is what really matters. However, … (higher values are always desirable) (higher values are always desirable) Current ratio : - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com. The P/E ratio indicates whether the market has higher or lower expectations of a company. Fineotex is the only textile chemical company to be listed on the Stock Exchange of India and has been ranked amongst India’s Top 1000 Companies by National Stock Exchange of India (on the basis of Mcap). *Interactive Brokers Rated Lowest Cost Broker by StockBrokers.com Annual Online Review 2020Have feedback on this article? 3,32,24,526/- (Three Crore Thirty Two Lakh Twenty Four Thousand Five Hundred and Twenty Six) for the Financial year 2020-2021. Fineotex Chemical Ltd.-FCL, BSE:533333 Latest news, stock scores, research reports and price movements. Fineotex has engaged in manufacturing of Speciality chemicals and Enzymes for Textile and Garment Industry, Water Treatment Industry, Leather Industry, Construction Industry, Paint Industry Agrochemicals, Adhesives and others. Therefore, even if you pay a high multiple of earnings now, that multiple will become lower in the future. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Insufficient Data. When earnings grow, the 'E' increases, over time. It's therefore worth looking at Fineotex Chemical's earnings history below. Fineotex Chemical Limited is a Public Listed Multinational company and recognized as a world-class specialty textile chemicals and sustainable solutions producer, headquartered in Mumbai, India since 1979. The recent drop in earnings per share might keep value investors away, but the relatively strong balance sheet will allow the company time to invest in growth. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa. (This is based on the year to 2018). Cmp-29.50. So investors should always consider the P/E ratio alongside other factors, such as whether company directors have been buying shares. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. This article is written for those who want to get better at using price to earnings ratios (P/E ratios). PromotedIf you're looking to trade Fineotex Chemical, open an account with the lowest-cost* platform trusted by professionals, Interactive Brokers. Fineotex Chemical Ltd., incorporated in the year 2004, is a Small Cap company (having a market cap of Rs 892.63 Crore) operating in Chemicals sector. Of course you might be able to find a better stock than Fineotex Chemical. Fineotex Chemical Industries (FCI) Accredited with ISO 9001:2008 Incorporation of Fineotex Chemical Private Limited (FCPL) Acquisition of FCPL by Fineotex Chemical Limited Listed on BSE Incorporated wholly owned subsidiary in Malaysia Acquired majority stake in Biotex Group 2015 2017 2018 2019 Bonus declared on 1:1 basis P/E ratios primarily reflect market expectations around earnings growth rates. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run. Concerned about the content? We note that hedge funds don't have a meaningful investment in Fineotex Chemical. FINEOTEX. Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. With a 58% stake, CEO Surendrakumar Tibrewala is the largest shareholder. Fineotex Chemical has entered the capital market on 23 rd February 2011 with a public issue of 42.11 lakh equity shares of Rs.10 each, in the price band of Rs. Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. Get latest price forecasts, revenue forecasts and earnings forecasts of Fineotex Chemical Ltd on Tickertape. How far off is Fineotex Chemical Limited from its intrinsic value? While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Using the most recent financial data, we'll take a look at whether the stock is fairly priced by projecting its future cash flows and then discounting them to today's value. To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. The consolidated sales of Fineotex Chemicals Limited (FCL) have increased from approx. In other words, at today's prices, investors are paying ₹19.99 for every ₹1 in prior year profit. Fineotex Chemical’s future growth appears to have been factored into the current share price, with shares trading around its fair value. It’s FREE. *Interactive Brokers Rated Lowest Cost Broker by StockBrokers.com Annual Online Review 2020. Please read our Financial Services Guide before deciding whether to obtain financial services from us.