More about Nuvoco Vistas Corporation Limited
Fundamentals for Nuvoco Vistas Corporation Limited
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Fundamentals for Nuvoco Vistas Corporation Limited
Business Operations:
Sector: Basic MaterialsIndustry: Building Materials
Nuvoco Vistas Corporation Limited manufactures and retails building materials in India. The company offers ordinary Portland, Portland pozzolana, Portland composite, and Portland slag cement products under the Concreto, Duraguard, Double Bull, PSC, Nirmax, and Infracem brands; and ready-mix concrete under the Artiste, InstaMix, Ecodure, Concreto, and X-Con brands. It also provides building materials, such as construction chemicals, multipurpose bonding and waterproofing agents, wall putty, tile and stone adhesives, tile grouts, ready-mix dry plaster, block joining mortar, dry bag concrete and cover blocks products under the Zero M brands. The company was formerly known as Lafarge India Limited and changed its name to Nuvoco Vistas Corporation Limited in April 2017. The company was incorporated in 1999 and is headquartered in Mumbai, India. Nuvoco Vistas Corporation Limited is a subsidiary of Niyogi Enterprise Private Limited.
Revenue projections:
With NUVOCO's revenues forecasted to be lower than last year's, investors are expected to be cautious. A decline in revenue typically harms the company's bottom line, reducing profitability and making investors less confident about the company's ability to sustain its financial health.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 24.610237 |
| debtToEquity | 63.213000 |
| earningsGrowth | 0.000000 |
| revenueGrowth | 0.121000 |
| grossMargins | 0.623430 |
| operatingMargins | 0.059390 |
| trailingEps | 10.780000 |
| forwardEps | 14.215630 |
NUVOCO's Forward PE ratio is in a good range, reflecting a reasonable balance between stock price and earnings. The stock is not overpriced, leaving room for growth, which suggests potential for investors looking to capitalize on future value appreciation.
Nuvoco Vistas Corporation Limited's forward EPS being higher than its trailing EPS points to expected growth in profitability. This suggests that the company is projected to perform better in the current financial year, with higher earnings forecasted compared to the previous year.
Price projections:
The price of Nuvoco Vistas Corporation Limited has remained consistently close to the lower limit of projections. This ongoing pattern raises concerns about the stock's performance and may reflect market hesitance regarding the company's growth prospects.
Recommendation changes over time:
The recent buy bias from analysts suggests NUVOCO is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, NUVOCO appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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