Zenith Steel (India) Performance
| ZENITHSTL | 7.53 0.05 0.66% |
On a scale of 0 to 100, Zenith Steel holds a performance score of 6. The firm maintains a market beta of -0.32, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Zenith Steel are expected to decrease at a much lower rate. During the bear market, Zenith Steel is likely to outperform the market. Please check Zenith Steel's potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Zenith Steel's historical returns will revert.
Risk-Adjusted Performance
Modest
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Zenith Steel Pipes are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak basic indicators, Zenith Steel unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1.2:1 | Ex Dividend Date 2010-07-07 | Last Split Date 2010-08-11 |
1 | Zenith Steel Pipes Industries Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2024 - Marketscreener.com | 02/14/2025 |
2 | Zenith Steel Pipes Hits 52-Week Low Amidst Ongoing Financial Challenges - MarketsMojo | 03/13/2025 |
3 | Zenith Steel proves InvestingPros overvaluation warning with 55 percent decline By Investing.com - Investing.com India | 03/21/2025 |
| Begin Period Cash Flow | 52.7 M |
Zenith |
Zenith Steel Relative Risk vs. Return Landscape
If you would invest 666.00 in Zenith Steel Pipes on February 15, 2025 and sell it today you would earn a total of 87.00 from holding Zenith Steel Pipes or generate 13.06% return on investment over 90 days. Zenith Steel Pipes is generating 0.2711% of daily returns and assumes 3.3703% volatility on return distribution over the 90 days horizon. Simply put, 30% of stocks are less volatile than Zenith, and 95% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Zenith Steel Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zenith Steel's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Zenith Steel Pipes, and traders can use it to determine the average amount a Zenith Steel's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0804
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.37 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Zenith Steel is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Zenith Steel by adding it to a well-diversified portfolio.
Zenith Steel Fundamentals Growth
Zenith Stock prices reflect investors' perceptions of the future prospects and financial health of Zenith Steel, and Zenith Steel fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Zenith Stock performance.
| Return On Asset | 0.0234 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | (0.01) % | ||||
| Current Valuation | 3.21 B | ||||
| Shares Outstanding | 142.28 M | ||||
| Price To Sales | 0.78 X | ||||
| Revenue | 1.43 B | ||||
| Gross Profit | 714.05 M | ||||
| EBITDA | 50.43 M | ||||
| Net Income | (6.96 M) | ||||
| Total Debt | 2.15 B | ||||
| Book Value Per Share | (17.76) X | ||||
| Cash Flow From Operations | 47.44 M | ||||
| Earnings Per Share | 0.53 X | ||||
| Total Asset | 1.82 B | ||||
| Retained Earnings | (5.75 B) | ||||
About Zenith Steel Performance
Assessing Zenith Steel's fundamental ratios provides investors with valuable insights into Zenith Steel's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Zenith Steel is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Zenith Steel is entity of India. It is traded as Stock on NSE exchange.Things to note about Zenith Steel Pipes performance evaluation
Checking the ongoing alerts about Zenith Steel for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Zenith Steel Pipes help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Zenith Steel Pipes had very high historical volatility over the last 90 days | |
| Zenith Steel Pipes has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1.43 B. Net Loss for the year was (6.96 M) with profit before overhead, payroll, taxes, and interest of 714.05 M. | |
| About 40.0% of the company outstanding shares are owned by insiders |
- Analyzing Zenith Steel's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Zenith Steel's stock is overvalued or undervalued compared to its peers.
- Examining Zenith Steel's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Zenith Steel's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Zenith Steel's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Zenith Steel's stock. These opinions can provide insight into Zenith Steel's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Zenith Stock Analysis
When running Zenith Steel's price analysis, check to measure Zenith Steel'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 Zenith Steel is operating at the current time. Most of Zenith Steel's value examination focuses on studying past and present price action to predict the probability of Zenith Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zenith Steel's price. Additionally, you may evaluate how the addition of Zenith Steel to your portfolios can decrease your overall portfolio volatility.