Aban offshore
Mcap - 1479.56
Sales - 2833.85
Margin - 56.61%
PE - 28.86
Price to sales- 0.52
Mcap divide by sales divide by margin
0.922
Jindal drilling
Mcap 553.23
Sales 329.1
Margin - 10.48%
PE - 17.20
Price to sales- 1.68
Mcap divide by sales divide by margin
16.04
Selan exploration
Mcap 336.04
Sales 58.02
Margin 13.48%
PE 32.44
Price to sales 5.79
Mcap divide by sales divide by margin 42.96
Conclusion of analysis:-
Aban looks much undervalued even at this expensive PE
Low PE doesn't always indicates undervalued🎯
After considering debt levels, where Aban have high Debts,
Selan
29.67
Aban
9.93
Jindal
18.511
& this are the results. Still Aban is highly undervalued
After shortlisting Aban as a fundamental pick. On chart, it looks breakout with Volumes making new 52 week highs. After breakout, stocks mostly shows tendency to settle at previous resistance (Now support) which is @ around 235
Bottom line:-
Add Aban to your portfolio up to 235