Analysis Rama Petrochemicals Limited (RAMAPETRO)
5/29/2024
Analysis of Rama Petrochemicals Limited (RAMAPETRO)
Rama Petrochemicals Limited has shown a consistent uptrend in its stock price over the past few days. The Relative Strength Index (RSI) is currently at a high level of 78.39, indicating that the stock may be overbought.The Moving Average Convergence Divergence (MACD) indicator is positive but showing a slight decrease in momentum. The MACD histogram is negative, suggesting a potential reversal in the short term.
In terms of moving averages, the stock price is above the Simple Moving Average (SMA), Exponential Moving Average (EMA), and Weighted Moving Average (WMA), indicating a bullish trend.
Overall, while the stock has been performing well recently, investors should be cautious due to the high RSI level and the potential weakening of the MACD momentum. It would be advisable to monitor the stock closely for any signs of a reversal in the trend.
Earnings
The company's results for the most recent quarter, ending on April 30, 2025, have not been provided at this time. The previous quarter's results, ending on February 27, 2025, were handled by the Transfer Agent. The quarter before that, ending on January 31, 2025, had results released after hours. The results for the quarter ending on October 31, 2024, were not provided at the time. However, for the quarter ending on August 1, 2024, the company had an EPS estimate of 1.32.Main Statystic ðŸ§
The company's financials show a strong cash flow, with operating cash flow at $110.56 billion and levered free cash flow at $84.73 billion. The balance sheet indicates a total cash of $67.15 billion, total debt of $104.59 billion, and a current ratio of 1.037. The profit margin is 26.31%, with a return on assets of 22.07% and return on equity of 147.25%. The fiscal year ends on September 30, 2023.In terms of income statement, the company has an EBITDA of $131.39 billion, revenue of $381.62 billion, and a net income to common of $100.39 billion. The most recent quarter ended on March 31, 2024, with quarterly revenue and earnings growth showing declines.
The stock statistics reveal a short ratio of 1.66, with 94.31 million shares shorted out of 15.31 billion float shares. The stock price summary includes a beta of 1.264, 50-day moving average of $173.69, and a 200-day moving average of $180.79. The stock's 52-week low and high are $164.08 and $199.62, respectively.
Valuation metrics show a PEG ratio of 26.21, forward P/E of 26.21, and trailing P/E of 29.43. The enterprise value is $2.95 trillion, with a market capitalization of $2.91 trillion. The price to book ratio is 39.18, price to sales ratio is 7.62, and enterprise to EBITDA ratio is 22.75.
Lastly, dividends and splits information include a payout ratio of 14.93%, with a forward annual dividend rate of $1 and a trailing annual dividend rate of $0.97. The company's dividend yield is 0.53% and the 5-year average dividend yield is 0.73%. The last split date was on August 31, 2020, with a 4-for-1 split. The next dividend date is on May 16, 2024, with an ex-dividend date on May 10, 2024.
Income statement 💸
These are the revenue figures. Here are the conclusions:1. The company's sales revenue has been increasing steadily over the past four fiscal years.
2. The gross profit margin seems to be consistent, indicating stable cost management.
3. Earnings before interest and taxes (EBIT) have also shown a positive trend, reflecting operational efficiency.
4. Net income has been growing, suggesting overall profitability improvements.
5. The company has been able to maintain a stable diluted shares outstanding count.
6. Despite fluctuations in other income and expenses, the core revenue generation and profitability have been on an upward trajectory.
Balance Sheet
These are balance sheets. Here are the conclusions:1. The total assets have been increasing over the years, reaching $365,725,000,000 in 2018.
2. Current assets fluctuate, with the highest value in 2019 at $162,819,000,000.
3. Non-current assets have been increasing steadily, with the highest value in 2019 at $175,697,000,000.
4. Total liabilities have also been increasing, reaching $255,355,000,000 in 2018.
5. Shareholders' equity has been fluctuating, with the highest value in 2018 at $107,147,000,000.
Cash Flow 💶
This is a cash flow statement. Here are some conclusions we can draw from the data:1. The company's free cash flow has been fluctuating over the years, with the highest value in 2022 and the lowest in 2020.
2. The operating cash flow has been generally increasing over the years, indicating improved operational efficiency.
3. The company has been consistently paying interest and income taxes, with varying amounts each year.
4. The end cash position has also been fluctuating, but overall, it has shown a positive trend.
5. Financing activities have had a significant impact on the cash flow, with large amounts being used for common stock repurchase and debt issuance/payments.
6. Investing activities have also played a role in the cash flow, with significant amounts being used for acquisitions, capital expenditures, and investments.
7. Overall, the company seems to be managing its cash flow effectively, with a focus on maintaining a healthy cash position while investing in growth opportunities and managing debt.
Earnings estimate
Based on the analysts' estimates for future quarterly and annual earnings per share:1. For the current quarter ending on June 30, 2024, the average estimated EPS is $1.33, which is higher than the EPS of $1.26 from the same quarter a year ago. The range of estimates is between $1.27 and $1.36, as provided by 26 analysts.
2. For the next quarter ending on September 30, 2024, the average estimated EPS is $1.53, compared to $1.46 from the previous year. The estimates range from $1.44 to $1.63, based on 25 analysts' forecasts.
3. Looking at the current fiscal year ending on September 30, 2024, the average estimated EPS is $6.59, an increase from the previous year's EPS of $6.13. The analysts' estimates range from $6.43 to $6.92, with insights provided by 39 analysts.
4. For the next fiscal year ending on September 30, 2025, the average estimated EPS is $7.23, with a range of estimates between $6.40 and $7.90. This forecast is based on the analysis of 39 analysts.
Overall, the analysts are predicting an increase in earnings per share for both the upcoming quarters and the next fiscal years, indicating positive growth prospects for the company.
Revenue estimate
Based on the analysts' estimates for the future quarterly and annual sales of the company, we can draw the following conclusions:1. For the current quarter ending on June 30, 2024, the average sales estimate is $83,776,900,000, with a sales growth of 2% compared to the same quarter last year. The number of analysts providing estimates is 24.
2. For the next quarter ending on September 30, 2024, the average sales estimate is $92,375,300,000, with a sales growth of 3% compared to the same quarter last year. The number of analysts providing estimates is 24.
3. For the current fiscal year ending on September 30, 2024, the average sales estimate is $386,681,000,000, with a sales growth of 1% compared to the previous fiscal year. The number of analysts providing estimates is 37.
4. For the next fiscal year ending on September 30, 2025, the average sales estimate is $411,555,000,000, with a sales growth of 6% compared to the current fiscal year. The number of analysts providing estimates is 37.
These estimates suggest a moderate growth trend in both quarterly and annual sales for the company, with slightly higher growth expected in the next fiscal year.
Growth estimates
Based on the consensus estimates provided:- The company is expected to experience a growth rate of 7.5% in the current year and 9.7% in the next year.
- For the current quarter, the growth rate is estimated to be 5.6%, while for the next quarter it is projected to be 4.8%.
- Over the next 5 years, the company is anticipated to have a compound annual growth rate (CAGR) of 11%.
- However, when compared to the past 5 years where the company had a CAGR of 20.15%, the future growth rate is expected to be lower.
Overall, the company is expected to maintain a positive growth trajectory, with a slightly lower growth rate compared to the past 5 years.
Price target
The analysts' forecast for the future price of the security is as follows:- Low: $164
- High: $250
- Median: $200
- Average: $202.26
- Current price: $191.57
- Currency: USD
Based on these forecasts, we can see that the analysts have a range of opinions on the future price of the security, with the majority clustering around the median and average values. The current price is below both the median and average forecast, indicating that there may be potential upside according to analysts' predictions.
MACD of RAMAPETRO
This is not investment advice. Remember to verify the information provided here.
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