Does The Data Make Sharda Cropchem Limited (NSE:SHARDACROP) An Attractive Investment?

Simply Wall St

Attractive stocks have exceptional fundamentals. In the case of Sharda Cropchem Limited (NSE:SHARDACROP), there's is a company with strong financial health as well as a buoyant future outlook. Below is a brief commentary on these key aspects. If you're interested in understanding beyond my broad commentary, take a look at the report on Sharda Cropchem here.

Flawless balance sheet with reasonable growth potential

SHARDACROP is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This implies that SHARDACROP manages its cash and cost levels well, which is an important determinant of the company’s health. SHARDACROP seems to have put its debt to good use, generating operating cash levels of 6008x total debt in the most recent year. This is also a good indication as to whether debt is properly covered by the company’s cash flows.

NSEI:SHARDACROP Past and Future Earnings, October 14th 2019
NSEI:SHARDACROP Past and Future Earnings, October 14th 2019

Next Steps:

For Sharda Cropchem, I've put together three key factors you should look at:

  1. Historical Performance: What has SHARDACROP's returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.

  2. Valuation: What is SHARDACROP worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether SHARDACROP is currently mispriced by the market.

  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of SHARDACROP? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.