Is Lytus Technologies Stock a Good Investment?
Lytus Technologies Investment Advice | LYT |
- Examine Lytus Technologies' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Lytus Technologies' leadership team and their track record. Good management can help Lytus Technologies navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Application Software space and any emerging trends that could impact Lytus Technologies' business and its evolving consumer preferences.
- Compare Lytus Technologies' performance and market position to its competitors. Analyze how Lytus Technologies is positioned in terms of product offerings, innovation, and market share.
- Check if Lytus Technologies pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Lytus Technologies' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Lytus Technologies Holdings stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Lytus Technologies Holdings is a good investment.
Sell | Buy |
Hold
Market Performance | Very Weak | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Lytus Technologies Stock
Researching Lytus Technologies' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 67.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.24. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Lytus Technologies had not issued any dividends in recent years. The entity had 1:60 split on the 23rd of February 2024.
To determine if Lytus Technologies is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Lytus Technologies' research are outlined below:
| Lytus Technologies generated a negative expected return over the last 90 days | |
| Lytus Technologies may become a speculative penny stock | |
| Lytus Technologies has high historical volatility and very poor performance | |
| Lytus Technologies has a strong financial position based on the latest SEC filings | |
| About 67.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from simplywall.st: Potential Upside For Lytus Technologies Holdings PTV. Ltd. Not Without Risk |
Lytus Technologies Quarterly Good Will |
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Lytus Technologies uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Lytus Technologies Holdings. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Lytus Technologies' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 17th of November 2023 Upcoming Quarterly Report | View | |
| 30th of June 2023 Next Fiscal Quarter End | View |
Know Lytus Technologies' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Lytus Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Lytus Technologies Holdings backward and forwards among themselves. Lytus Technologies' institutional investor refers to the entity that pools money to purchase Lytus Technologies' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Tower Research Capital Llc | 2024-06-30 | 2.9 K | Ubs Group Ag | 2024-06-30 | 697 | Qube Research & Technologies | 2024-06-30 | 29.0 | Aspire Private Capital, Llc | 2024-09-30 | 14.0 |
Lytus Technologies' market capitalization trends
The company currently falls under 'Nano-Cap' category with a total capitalization of 3.13 M.Market Cap |
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Lytus Technologies' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.08 | 0.09 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.02 | 0.02 |
Determining Lytus Technologies' profitability involves analyzing its financial statements and using various financial metrics to determine if Lytus Technologies is a good buy. For example, gross profit margin measures Lytus Technologies' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Lytus Technologies' profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Lytus Technologies' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Lytus Technologies Holdings. Check Lytus Technologies' Beneish M Score to see the likelihood of Lytus Technologies' management manipulating its earnings.
Evaluate Lytus Technologies' management efficiency
At this time, Lytus Technologies' Return On Tangible Assets are comparatively stable compared to the past year. Return On Capital Employed is likely to gain to 0.09 in 2024, whereas Return On Equity is likely to drop 0.02 in 2024. At this time, Lytus Technologies' Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 56.7 M in 2024, whereas Non Current Liabilities Total is likely to drop slightly above 1.5 M in 2024. Lytus Technologies' management efficiency ratios could be used to measure how well Lytus Technologies manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 16.52 | 10.16 | |
| Tangible Book Value Per Share | 15.45 | 16.22 | |
| Enterprise Value Over EBITDA | 3.66 | 3.84 | |
| Price Book Value Ratio | 0.39 | 0.41 | |
| Enterprise Value Multiple | 3.66 | 3.84 | |
| Price Fair Value | 0.39 | 0.41 | |
| Enterprise Value | 7.7 M | 7.4 M |
The strategic vision of Lytus Technologies Holdings management plays a critical role in its financial performance. By evaluating this vision, we provide insights into the stock's growth potential.
Beta 1.839 |
Basic technical analysis of Lytus Stock
As of the 10th of November, Lytus Technologies secures the Standard Deviation of 5.09, risk adjusted performance of (0.05), and Mean Deviation of 3.56. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Lytus Technologies, as well as the relationship between them.Understand Lytus Technologies' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Lytus Technologies' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (0.42) | |||
| Mean Deviation | 3.56 | |||
| Coefficient Of Variation | (1,335) | |||
| Standard Deviation | 5.09 | |||
| Variance | 25.9 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.54) | |||
| Total Risk Alpha | (1.45) | |||
| Treynor Ratio | (0.43) | |||
| Maximum Drawdown | 28.51 | |||
| Value At Risk | (5.88) | |||
| Potential Upside | 6.55 | |||
| Skewness | 0.7511 | |||
| Kurtosis | 5.44 |
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (0.42) | |||
| Mean Deviation | 3.56 | |||
| Coefficient Of Variation | (1,335) | |||
| Standard Deviation | 5.09 | |||
| Variance | 25.9 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.54) | |||
| Total Risk Alpha | (1.45) | |||
| Treynor Ratio | (0.43) | |||
| Maximum Drawdown | 28.51 | |||
| Value At Risk | (5.88) | |||
| Potential Upside | 6.55 | |||
| Skewness | 0.7511 | |||
| Kurtosis | 5.44 |
Consider Lytus Technologies' intraday indicators
Lytus Technologies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Lytus Technologies stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Lytus Technologies time-series forecasting models is one of many Lytus Technologies' stock analysis techniques aimed to predict 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 Lytus Technologies' 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.
Lytus Stock media impact
Far too much social signal, news, headlines, and media speculation about Lytus Technologies that are available to investors today. That information is available publicly through Lytus media outlets and privately through word of mouth or via Lytus internal channels. However, regardless of the origin, that massive amount of Lytus data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Lytus Technologies news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Lytus Technologies relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Lytus Technologies' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Lytus Technologies alpha.
Lytus Technologies Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Lytus Technologies can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Lytus Technologies Corporate Management
| James Tuchi | USA Telemedicine | Profile | |
| Jagjit Kohli | India Director | Profile | |
| Hanish Talsania | General Counsel | Profile | |
| Dharmesh Pandya | CEO Director | Profile | |
| Pannkajj Desai | Chief Officer | Profile |
Additional Tools for Lytus Stock Analysis
When running Lytus Technologies' price analysis, check to measure Lytus Technologies' 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 Lytus Technologies is operating at the current time. Most of Lytus Technologies' value examination focuses on studying past and present price action to predict the probability of Lytus Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lytus Technologies' price. Additionally, you may evaluate how the addition of Lytus Technologies to your portfolios can decrease your overall portfolio volatility.