Stock investing requires careful analysis of financial data to find out the company’s true net worth. This is generally done by examining the company’s profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company’s performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company’s financial statements.
Here are the few indispensable tools that should be a part of every investor’s research process.
PE ratio: – Price to Earnings’ ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Tata Teleservice(Mah has a PE ratio of -10.63 which is low and comparatively undervalued .
Return on Assets (ROA): – Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Tata Teleservice(Mah has ROA of -84.56 % which is a bad sign for future performance. (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. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Tata Teleservice(Mah has a Current ratio of 0.04 .
Return on equity: – ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Tata Teleservice(Mah has a ROE of 0 % .(higher is better)
Debt to equity ratio: – It is a good metric to check out the capital structure along with its performance. Tata Teleservice(Mah has a D/E ratio of -1.05 which means that the company has low proportion of debt in its capital.
Inventory turnover ratio: – Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company’s inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Tata Teleservice(Mah has an Inventory turnover ratio of 0 which shows that the management is inefficient in relation to its Inventory and working capital management.
Sales growth: – Tata Teleservice(Mah has reported revenue growth of 4.80 % which is poor in relation to its growth and performance.
Operating Margin: – This will tell you about the operational efficiency of the company. The operating margin of Tata Teleservice(Mah for the current financial year is 42.75 %.
Dividend Yield: – It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Tata Teleservice(Mah is Rs 0 and the yield is 0 %.
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Brief about Tata Teleservice(Mah
Tata Teleservices Maharashtra (TTML) is a part of the Tata Group. This telecom services company has its presence all over Maharashtra and Goa. Earlier, the company was known as Hughes Telecom (India), which was incorporated in March 1995. Later in February 2003 it was renamed as Tata Teleservices Maharashtra (TTML)
TTML provides a range of telephony services such as mobile, fixed wireless phones (FWP), public telephone booths & wireline services. Its suite of broadband data network and application services include leased lines, DSL, Wi-Fi, Ethernet, Managed Gateway services & Web Conferencing services. It stands at the fourth position in areas of operation.
“Virgin Mobile” branded services are being offered by Tata Teleservices Maharashtra (TTML) and Tata Teleservices (TTSL) in order to attract Indian youth.
During March 2008, Tata Teleservices Maharashtra crossed the 5 million subscribers mark. In October 2009, Tata Teleservices Maharashtra crossed the 10 million subscribers mark. In November 2010, TTML become the first private operator to launch its 3G services in the ‘Rest of Maharashtra’ telecom circle.
In March 2011, Tata Teleservices (Maharashtra) and Jet Airways, India’s leading airline, have entered into an exclusive partnership to offer something unique for members of JetPrivilege, Jet Airways’ award-winning Frequent Flyer Program.
In 2013- Tata DOCOMO, entered into an exclusive partnership with GMR Airports, a global leader in creating world class private Airport infrastructure, to offer high-speed Wi-Fi services at Indira Gandhi International Airport – Terminal 3 in Delhi and Rajiv Gandhi Hyderabad International Airport, Hyderabad.
Products and Services
The company is focusing on penetrating the market to increase its presence. In the wireless/mobile segment it has a subscriber base of 46.80 lakh. It has introducing new handsets at attractive prices and special tariff plans .
It has entered into an roaming agreement with Tata Teleservices (TTSL) that will offer services in 18 other telecom circles, due to which subscribers can enjoy pan-India mobility.
The company has opened True Value Shops, its franchisee models, which gives a platform to display its products and services.
It also has a web-based online retail store called ‘i-Choose’. This enables a customer to buy a handset with options to choose a tariff plan and has an online payment facility.
TTML has also started CDMA wireless services in 208 new towns in Maharashtra and Goa.
It has also launched USB plug-to-surf modems catering to laptop and desktop users.
Source: Ticker.Finology. in
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