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Polyplex Corporation Limited
Buy, Hold or Sell?

Let's analyze Polyplex together

I guess you are interested in Polyplex Corporation Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Polyplex Corporation Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Polyplex (30 sec.)










What can you expect buying and holding a share of Polyplex? (30 sec.)

How much money do you get?

How much money do you get?
INR4.81
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR1,088.94
Expected worth in 1 year
INR1,297.22
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
INR612.83
Return On Investment
57.6%

For what price can you sell your share?

Current Price per Share
INR1,064.65
Expected price per share
INR761.10 - INR1,150
How sure are you?
50%
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1. Valuation of Polyplex (5 min.)




Live pricePrice per Share (EOD)

INR1,064.65

Intrinsic Value Per Share

INR1,611.23 - INR2,380.88

Total Value Per Share

INR2,700.17 - INR3,469.82

2. Growth of Polyplex (5 min.)




Is Polyplex growing?

Current yearPrevious yearGrowGrow %
How rich?$414.4m$394.6m$19.8m4.8%

How much money is Polyplex making?

Current yearPrevious yearGrowGrow %
Making money$41.4m$67.6m-$26.2m-63.3%
Net Profit Margin4.6%8.6%--

How much money comes from the company's main activities?

3. Financial Health of Polyplex (5 min.)




4. Comparing to competitors in the Packaging & Containers industry (5 min.)




  Industry Rankings (Packaging & Containers)  

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What can you expect buying and holding a share of Polyplex? (5 min.)

Welcome investor! Polyplex's management wants to use your money to grow the business. In return you get a share of Polyplex.

What can you expect buying and holding a share of Polyplex?

First you should know what it really means to hold a share of Polyplex. And how you can make/lose money.

Speculation

The Price per Share of Polyplex is INR1,065. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Polyplex.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Polyplex, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR1,088.94. Based on the TTM, the Book Value Change Per Share is INR52.07 per quarter. Based on the YOY, the Book Value Change Per Share is INR82.29 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR101.14 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Polyplex.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps1.300.1%1.300.1%2.120.2%1.520.1%0.930.1%
Usd Book Value Change Per Share0.620.1%0.620.1%0.980.1%0.700.1%1.300.1%
Usd Dividend Per Share1.200.1%1.200.1%1.250.1%1.060.1%0.560.1%
Usd Total Gains Per Share1.820.2%1.820.2%2.220.2%1.750.2%1.850.2%
Usd Price Per Share13.60-13.60-28.87-12.48-7.95-
Price to Earnings Ratio10.49-10.49-13.64-7.58-1.92-
Price-to-Total Gains Ratio7.46-7.46-12.98-6.59-4.10-
Price to Book Ratio1.05-1.05-2.34-1.04-0.71-
Price-to-Total Gains Ratio7.46-7.46-12.98-6.59-4.10-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share12.669335
Number of shares78
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share1.201.06
Usd Book Value Change Per Share0.620.70
Usd Total Gains Per Share1.821.75
Gains per Quarter (78 shares)142.21136.86
Gains per Year (78 shares)568.83547.44
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1376193559330217537
275138711286614341084
3112758016979916511631
41502773226613228682178
518789672835165210852725
6225311603404198313023272
7262913533973231315193819
8300415474542264317364366
9338017405111297419534913
10375519335680330421705460

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%9.01.00.090.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.02.00.080.0%8.02.00.080.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.02.00.080.0%8.02.00.080.0%
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Fundamentals of Polyplex

About Polyplex Corporation Limited

Polyplex Corporation Limited manufactures and sells polyester (PET) films primarily for flexible packaging in India and internationally. The company offers Sarafil base films, including biaxially-oriented (BO) PET films for use in packaging, electrical, and industrial applications; BO polypropylene (PP) films for flexible packaging and other applications; cast PP films for flexible packaging and other applications; blown PP films used in pressure sensitive applications; sustainable films; holographic films; and transfer metalized papers. It also provides Saracote silicone coated PET/PP films, such as release liner-labels, release liner-specialty products, shingle roofing tapes, release film liners, and primer coated liners used in labels, tapes, roofing shingles, and peels and sticks underlayments. In addition, the company offers Saralam range of extrusion coated film products comprising reflective insulation, decorative lamination, PET thermal lamination film-thin and thick gauge, PP thermal lamination, MegaBond PET and PP thermal lamination, nylon thermal lamination, and Zafira UV polyester thermal lamination films for use in thermal lamination products, such as book covers, identity cards, etc., as well as in carton lamination, commercial films, etc. Further, it provides Saraprint, a non tearable PET films, such as digital print media products, polyester master plates, laser printer, inkjet, backlit, and label face films for various applications comprising photo albums, commercial printing, promotional and customized digital printing, and label and flexible packaging applications, as well as in durable displays, certificates, aadhar cards, product catalogues, company brochures, signage, posters, graphic industries, visiting cards, menu cards, bills, and self-adhesive labels applications. Polyplex Corporation Limited was incorporated in 1984 and is based in Noida, India.

Fundamental data was last updated by Penke on 2024-07-15 03:04:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.
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1.1. Profitability of Polyplex Corporation Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit¬†Polyplex earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare¬†Polyplex to the¬†Packaging & Containers industry mean.
  • A Net Profit Margin of 4.6%¬†means that¬†₹0.05 for each ₹1¬†in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Polyplex Corporation Limited:

  • The MRQ is 4.6%. The company is making a profit. +1
  • The TTM is 4.6%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ4.6%TTM4.6%0.0%
TTM4.6%YOY8.6%-4.0%
TTM4.6%5Y7.4%-2.9%
5Y7.4%10Y5.0%+2.4%
Compared to industry (Packaging & Containers)
PeriodCompanyIndustry (mean)+/- 
MRQ4.6%3.0%+1.6%
TTM4.6%3.0%+1.6%
YOY8.6%4.8%+3.8%
5Y7.4%4.1%+3.3%
10Y5.0%4.6%+0.4%
1.1.2. Return on Assets

Shows how efficient Polyplex is using its assets to generate profit.

  • Above 5% is considered healthy¬†but always compare¬†Polyplex to the¬†Packaging & Containers industry mean.
  • 4.7% Return on Assets means that¬†Polyplex generated¬†₹0.05 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Polyplex Corporation Limited:

  • The MRQ is 4.7%. Using its assets, the company is less efficient in making profit.
  • The TTM is 4.7%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ4.7%TTM4.7%0.0%
TTM4.7%YOY7.9%-3.1%
TTM4.7%5Y6.4%-1.7%
5Y6.4%10Y4.2%+2.2%
Compared to industry (Packaging & Containers)
PeriodCompanyIndustry (mean)+/- 
MRQ4.7%3.8%+0.9%
TTM4.7%3.8%+0.9%
YOY7.9%6.0%+1.9%
5Y6.4%5.2%+1.2%
10Y4.2%4.4%-0.2%
1.1.3. Return on Equity

Shows how efficient Polyplex is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare¬†Polyplex to the¬†Packaging & Containers industry mean.
  • 10.0% Return on Equity means Polyplex generated ₹0.10¬†for each¬†₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Polyplex Corporation Limited:

  • The MRQ is 10.0%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 10.0%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ10.0%TTM10.0%0.0%
TTM10.0%YOY17.2%-7.1%
TTM10.0%5Y13.0%-3.0%
5Y13.0%10Y8.4%+4.6%
Compared to industry (Packaging & Containers)
PeriodCompanyIndustry (mean)+/- 
MRQ10.0%8.8%+1.2%
TTM10.0%8.8%+1.2%
YOY17.2%12.8%+4.4%
5Y13.0%10.0%+3.0%
10Y8.4%9.1%-0.7%
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1.2. Operating Efficiency of Polyplex Corporation Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Polyplex is operating .

  • Measures how much profit Polyplex makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare¬†Polyplex to the¬†Packaging & Containers industry mean.
  • An Operating Margin of 0.0%¬†means the company generated ₹0.00 ¬†for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Polyplex Corporation Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y8.0%-8.0%
5Y8.0%10Y7.0%+1.0%
1.2.2. Operating Ratio

Measures how efficient Polyplex is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†Packaging & Containers industry mean).
  • An Operation Ratio of 0.65 means that the operating costs are ₹0.65 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Polyplex Corporation Limited:

  • The MRQ is 0.649. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.649. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.649TTM0.6490.000
TTM0.649YOY0.566+0.083
TTM0.6495Y0.937-0.288
5Y0.93710Y1.273-0.336
Compared to industry (Packaging & Containers)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6490.700-0.051
TTM0.6490.700-0.051
YOY0.5660.714-0.148
5Y0.9371.045-0.108
10Y1.2731.320-0.047
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1.3. Liquidity of Polyplex Corporation Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Polyplex is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to¬†Packaging & Containers industry mean).
  • A Current Ratio of 3.30¬†means the company has ₹3.30 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Polyplex Corporation Limited:

  • The MRQ is 3.295. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.295. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.295TTM3.2950.000
TTM3.295YOY2.810+0.486
TTM3.2955Y2.946+0.349
5Y2.94610Y2.501+0.446
Compared to industry (Packaging & Containers)
PeriodCompanyIndustry (mean)+/- 
MRQ3.2951.549+1.746
TTM3.2951.549+1.746
YOY2.8101.550+1.260
5Y2.9461.460+1.486
10Y2.5011.496+1.005
1.3.2. Quick Ratio

Measures if Polyplex is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but¬†always compare¬†Polyplex to the¬†Packaging & Containers industry mean.
  • A Quick Ratio of 1.94¬†means the company can pay off ₹1.94 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Polyplex Corporation Limited:

  • The MRQ is 1.942. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.942. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.942TTM1.9420.000
TTM1.942YOY1.835+0.107
TTM1.9425Y2.245-0.303
5Y2.24510Y1.673+0.572
Compared to industry (Packaging & Containers)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9420.816+1.126
TTM1.9420.816+1.126
YOY1.8350.728+1.107
5Y2.2450.751+1.494
10Y1.6730.942+0.731
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1.4. Solvency of Polyplex Corporation Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Polyplex assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare¬†Polyplex to Packaging & Containers industry mean.
  • A Debt to Asset Ratio of 0.53¬†means that Polyplex assets are¬†financed with 52.9% credit (debt) and the remaining percentage (100% - 52.9%)¬†is financed by its owners/shareholders.¬†

Let's take a look of the Debt to Asset Ratio trends of Polyplex Corporation Limited:

  • The MRQ is 0.529. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.529. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.529TTM0.5290.000
TTM0.529YOY0.542-0.013
TTM0.5295Y0.504+0.025
5Y0.50410Y0.486+0.018
Compared to industry (Packaging & Containers)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5290.591-0.062
TTM0.5290.591-0.062
YOY0.5420.613-0.071
5Y0.5040.589-0.085
10Y0.4860.598-0.112
1.4.2. Debt to Equity Ratio

Measures if Polyplex is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but¬†always compare¬†Polyplex to the¬†Packaging & Containers industry mean.
  • A Debt to Equity ratio of 112.4% means that company has ₹1.12 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Polyplex Corporation Limited:

  • The MRQ is 1.124. The company is able to pay all its debts with equity. +1
  • The TTM is 1.124. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.124TTM1.1240.000
TTM1.124YOY1.185-0.061
TTM1.1245Y1.023+0.101
5Y1.02310Y0.999+0.024
Compared to industry (Packaging & Containers)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1241.476-0.352
TTM1.1241.476-0.352
YOY1.1851.669-0.484
5Y1.0231.511-0.488
10Y0.9991.605-0.606
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2. Market Valuation of Polyplex Corporation Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures¬†how much money you pay¬†for each share for¬†every ₹1 in earnings Polyplex generates.

  • Above 15 is considered overpriced but¬†always compare¬†Polyplex to the¬†Packaging & Containers industry mean.
  • A PE ratio of 10.49 means the investor is paying ₹10.49¬†for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Polyplex Corporation Limited:

  • The EOD is 9.775. Based on the earnings, the company is underpriced. +1
  • The MRQ is 10.491. Based on the earnings, the company is underpriced. +1
  • The TTM is 10.491. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD9.775MRQ10.491-0.716
MRQ10.491TTM10.4910.000
TTM10.491YOY13.642-3.151
TTM10.4915Y7.582+2.909
5Y7.58210Y1.921+5.662
Compared to industry (Packaging & Containers)
PeriodCompanyIndustry (mean)+/- 
EOD9.77514.911-5.136
MRQ10.49111.022-0.531
TTM10.49111.022-0.531
YOY13.6428.825+4.817
5Y7.5825.813+1.769
10Y1.9218.498-6.577
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Polyplex Corporation Limited:

  • The EOD is 6.442. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 6.914. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 6.914. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD6.442MRQ6.914-0.472
MRQ6.914TTM6.9140.000
TTM6.914YOY49.039-42.126
TTM6.9145Y14.740-7.827
5Y14.74010Y8.946+5.794
Compared to industry (Packaging & Containers)
PeriodCompanyIndustry (mean)+/- 
EOD6.44226.438-19.996
MRQ6.91411.898-4.984
TTM6.91411.898-4.984
YOY49.039-4.489+53.528
5Y14.7405.757+8.983
10Y8.9467.361+1.585
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Polyplex is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy¬†(always compare to Packaging & Containers industry mean).
  • A PB ratio of 1.05 means the investor is paying ₹1.05¬†for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Polyplex Corporation Limited:

  • The EOD is 0.978. Based on the equity, the company is cheap. +2
  • The MRQ is 1.049. Based on the equity, the company is underpriced. +1
  • The TTM is 1.049. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD0.978MRQ1.049-0.072
MRQ1.049TTM1.0490.000
TTM1.049YOY2.340-1.290
TTM1.0495Y1.041+0.009
5Y1.04110Y0.706+0.335
Compared to industry (Packaging & Containers)
PeriodCompanyIndustry (mean)+/- 
EOD0.9784.570-3.592
MRQ1.0492.510-1.461
TTM1.0492.510-1.461
YOY2.3402.210+0.130
5Y1.0411.707-0.666
10Y0.7063.484-2.778
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of Polyplex Corporation Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--52.06952.0690%82.291-37%58.448-11%108.894-52%
Book Value Per Share--1088.9441088.9440%1036.875+5%978.787+11%886.425+23%
Current Ratio--3.2953.2950%2.810+17%2.946+12%2.501+32%
Debt To Asset Ratio--0.5290.5290%0.542-2%0.504+5%0.486+9%
Debt To Equity Ratio--1.1241.1240%1.185-5%1.023+10%0.999+12%
Dividend Per Share--101.139101.1390%104.656-3%88.998+14%46.729+116%
Eps--108.913108.9130%177.834-39%127.626-15%77.923+40%
Free Cash Flow Per Share--165.269165.2690%49.469+234%106.147+56%73.898+124%
Free Cash Flow To Equity Per Share---40.130-40.1300%-23.138-42%-28.795-28%-20.906-48%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--2380.878--------
Intrinsic Value_10Y_min--1611.229--------
Intrinsic Value_1Y_max--154.787--------
Intrinsic Value_1Y_min--121.322--------
Intrinsic Value_3Y_max--528.933--------
Intrinsic Value_3Y_min--401.445--------
Intrinsic Value_5Y_max--980.073--------
Intrinsic Value_5Y_min--719.884--------
Market Cap34052404390.000-7%36545603960.00036545603960.0000%77593040370.000-53%33551525554.000+9%21363313955.000+71%
Net Profit Margin--0.0460.0460%0.086-47%0.074-39%0.050-10%
Operating Margin----0%-0%0.080-100%0.070-100%
Operating Ratio--0.6490.6490%0.566+15%0.937-31%1.273-49%
Pb Ratio0.978-7%1.0491.0490%2.340-55%1.041+1%0.706+49%
Pe Ratio9.775-7%10.49110.4910%13.642-23%7.582+38%1.921+446%
Price Per Share1064.650-7%1142.6001142.6000%2425.950-53%1048.990+9%667.925+71%
Price To Free Cash Flow Ratio6.442-7%6.9146.9140%49.039-86%14.740-53%8.946-23%
Price To Total Gains Ratio6.949-7%7.4587.4580%12.977-43%6.588+13%4.105+82%
Quick Ratio--1.9421.9420%1.835+6%2.245-14%1.673+16%
Return On Assets--0.0470.0470%0.079-40%0.064-27%0.042+12%
Return On Equity--0.1000.1000%0.172-42%0.130-23%0.084+19%
Total Gains Per Share--153.208153.2080%186.947-18%147.446+4%155.624-2%
Usd Book Value--414470490.700414470490.7000%394651992.700+5%372542528.120+11%337388175.250+23%
Usd Book Value Change Per Share--0.6200.6200%0.979-37%0.696-11%1.296-52%
Usd Book Value Per Share--12.95812.9580%12.339+5%11.648+11%10.548+23%
Usd Dividend Per Share--1.2041.2040%1.245-3%1.059+14%0.556+116%
Usd Eps--1.2961.2960%2.116-39%1.519-15%0.927+40%
Usd Free Cash Flow--62904244.90062904244.9000%18828870.200+234%40401268.740+56%28126840.000+124%
Usd Free Cash Flow Per Share--1.9671.9670%0.589+234%1.263+56%0.879+124%
Usd Free Cash Flow To Equity Per Share---0.478-0.4780%-0.275-42%-0.343-28%-0.249-48%
Usd Market Cap405223612.241-7%434892687.124434892687.1240%923357180.403-53%399263154.093+9%254223436.065+71%
Usd Price Per Share12.669-7%13.59713.5970%28.869-53%12.483+9%7.948+71%
Usd Profit--41453995.10041453995.1000%67686450.300-39%48576497.340-15%29658865.040+40%
Usd Revenue--910620867.800910620867.8000%788303421.500+16%672396110.120+35%531566778.680+71%
Usd Total Gains Per Share--1.8231.8230%2.225-18%1.755+4%1.852-2%
 EOD+4 -4MRQTTM+0 -0YOY+15 -195Y+18 -1710Y+22 -13

3.2. Fundamental Score

Let's check the fundamental score of Polyplex Corporation Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-159.775
Price to Book Ratio (EOD)Between0-10.978
Net Profit Margin (MRQ)Greater than00.046
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.942
Current Ratio (MRQ)Greater than13.295
Debt to Asset Ratio (MRQ)Less than10.529
Debt to Equity Ratio (MRQ)Less than11.124
Return on Equity (MRQ)Greater than0.150.100
Return on Assets (MRQ)Greater than0.050.047
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Polyplex Corporation Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5061.016
Ma 20Greater thanMa 501,041.885
Ma 50Greater thanMa 100932.490
Ma 100Greater thanMa 200897.313
OpenGreater thanClose1,025.000
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets73,967,697
Total Liabilities39,138,244
Total Stockholder Equity34,829,453
 As reported
Total Liabilities 39,138,244
Total Stockholder Equity+ 34,829,453
Total Assets = 73,967,697

Assets

Total Assets73,967,697
Total Current Assets36,599,632
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 4,726,496
Short-term Investments 1,330,420
Net Receivables 9,257,370
Inventory 14,732,227
Other Current Assets 209,418
Total Current Assets  (as reported)36,599,632
Total Current Assets  (calculated)30,255,931
+/- 6,343,701
Long-term Assets
Property Plant Equipment 34,442,540
Goodwill 2,928
Intangible Assets 871
Long-term Assets  (as reported)0
Long-term Assets  (calculated)34,446,339
+/- 34,446,339

Liabilities & Shareholders' Equity

Total Current Liabilities11,106,080
Long-term Liabilities0
Total Stockholder Equity34,829,453
Total Current Liabilities
Total Current Liabilities  (as reported)11,106,080
Total Current Liabilities  (calculated)0
+/- 11,106,080
Long-term Liabilities
Long term Debt Total 3,823,556
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)3,823,556
+/- 3,823,556
Total Stockholder Equity
Common Stock313,925
Retained Earnings 25,426,735
Capital Surplus 1,159,603
Other Stockholders Equity 7,929,190
Total Stockholder Equity (as reported)34,829,453
Total Stockholder Equity (calculated)34,829,453
+/-0
Other
Cash And Equivalents4,918,956
Cash and Short Term Investments 10,975,872
Common Stock Shares Outstanding 31,392
Liabilities and Stockholders Equity 73,967,697
Net Working Capital 25,493,552



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-31
> Total Assets 
53,091,785
47,439,788
45,433,889
43,559,911
48,679,601
52,079,160
57,622,524
61,767,388
72,456,609
73,967,697
73,967,69772,456,60961,767,38857,622,52452,079,16048,679,60143,559,91145,433,88947,439,78853,091,785
   > Total Current Assets 
19,999,309
20,764,212
19,457,168
13,898,989
20,436,169
22,283,782
25,733,549
27,107,257
36,445,519
36,599,632
36,599,63236,445,51927,107,25725,733,54922,283,78220,436,16913,898,98919,457,16820,764,21219,999,309
       Cash And Cash Equivalents 
9,326,961
10,743,698
3,379,959
1,375,474
1,771,258
2,182,851
1,701,614
2,936,664
5,140,567
4,726,496
4,726,4965,140,5672,936,6641,701,6142,182,8511,771,2581,375,4743,379,95910,743,6989,326,961
       Short-term Investments 
65,154
162,605
8,337
12,832
4,210,702
4,583,183
5,861,235
5,796,529
2,344,681
1,330,420
1,330,4202,344,6815,796,5295,861,2354,583,1834,210,70212,8328,337162,60565,154
       Net Receivables 
4,307,962
4,449,504
4,604,941
4,807,232
5,731,413
6,253,149
7,018,292
6,808,599
11,069,662
9,257,370
9,257,37011,069,6626,808,5997,018,2926,253,1495,731,4134,807,2324,604,9414,449,5044,307,962
       Inventory 
5,219,497
4,343,446
4,544,654
4,577,491
5,867,070
7,161,879
7,188,824
8,846,553
14,090,627
14,732,227
14,732,22714,090,6278,846,5537,188,8247,161,8795,867,0704,577,4914,544,6544,343,4465,219,497
       Other Current Assets 
1,045,703
1,012,066
14,373
18,704
18,031
95,733
69,504
295,489
82,351
209,418
209,41882,351295,48969,50495,73318,03118,70414,3731,012,0661,045,703
   > Long-term Assets 
0
0
0
23,862,152
28,243,432
29,761,620
31,888,975
0
0
0
00031,888,97529,761,62028,243,43223,862,152000
       Property Plant Equipment 
31,448,177
25,708,081
23,607,045
21,905,425
22,218,511
24,194,208
28,503,285
30,809,532
32,747,235
34,442,540
34,442,54032,747,23530,809,53228,503,28524,194,20822,218,51121,905,42523,607,04525,708,08131,448,177
       Goodwill 
40,121
40,560
33,025
1,255
1,906
2,199
2,607
2,696
2,521
2,928
2,9282,5212,6962,6072,1991,9061,25533,02540,56040,121
       Long Term Investments 
633,166
35,643
39,597
1,009,914
0
0
0
0
0
0
0000001,009,91439,59735,643633,166
       Intangible Assets 
20,703
17,894
11,670
7,512
7,085
4,997
3,019
1,242
351
871
8713511,2423,0194,9977,0857,51211,67017,89420,703
       Long-term Assets Other 
0
0
0
36,377
0
0
0
0
0
0
00000036,377000
> Total Liabilities 
24,337,336
19,641,719
23,503,339
20,536,247
23,197,332
24,366,748
27,329,943
31,235,393
39,292,576
39,138,244
39,138,24439,292,57631,235,39327,329,94324,366,74823,197,33220,536,24723,503,33919,641,71924,337,336
   > Total Current Liabilities 
9,860,295
9,846,427
8,840,282
7,486,879
9,826,048
9,401,451
7,809,983
9,155,905
12,971,061
11,106,080
11,106,08012,971,0619,155,9057,809,9839,401,4519,826,0487,486,8798,840,2829,846,4279,860,295
       Short-term Debt 
20,799,358
16,555,596
4,960,289
2,524,069
4,838,824
4,187,513
2,566,783
2,299,282
0
0
002,299,2822,566,7834,187,5134,838,8242,524,0694,960,28916,555,59620,799,358
       Short Long Term Debt 
20,799,358
16,555,596
12,949,459
8,130,488
6,075,241
5,402,558
3,268,134
0
0
0
0003,268,1345,402,5586,075,2418,130,48812,949,45916,555,59620,799,358
       Accounts payable 
2,064,552
2,013,552
1,865,466
2,561,582
2,674,639
2,353,007
2,399,399
0
0
0
0002,399,3992,353,0072,674,6392,561,5821,865,4662,013,5522,064,552
       Other Current Liabilities 
1,307,321
931,100
1,106,070
787,374
994,078
1,562,046
2,014,803
0
0
0
0002,014,8031,562,046994,078787,3741,106,070931,1001,307,321
   > Long-term Liabilities 
0
0
0
4,183,901
2,649,145
2,579,663
4,945,818
0
0
0
0004,945,8182,579,6632,649,1454,183,901000
       Long term Debt Total 
0
0
7,120,447
4,109,516
2,548,197
2,454,804
4,335,029
3,686,908
4,825,750
3,823,556
3,823,5564,825,7503,686,9084,335,0292,454,8042,548,1974,109,5167,120,44700
       Capital Lease Obligations 
0
0
0
2,952
3,082
0
31,312
0
0
0
00031,31203,0822,952000
       Long-term Liabilities Other 
0
0
0
3,069
16,110
8,299
49,077
0
0
0
00049,0778,29916,1103,069000
       Deferred Long Term Liability 
12,633
10,846
7,711
4,100
0
0
0
0
0
0
0000004,1007,71110,84612,633
> Total Stockholder Equity
22,605,566
21,208,925
21,930,550
23,023,664
25,482,269
27,712,412
30,292,581
30,531,995
33,164,033
34,829,453
34,829,45333,164,03330,531,99530,292,58127,712,41225,482,26923,023,66421,930,55021,208,92522,605,566
   Common Stock
319,846
319,846
319,846
319,846
319,846
319,846
319,846
313,925
313,925
313,925
313,925313,925313,925319,846319,846319,846319,846319,846319,846319,846
   Retained Earnings 
15,763,668
16,077,244
16,150,054
18,243,138
19,556,379
21,407,552
22,532,598
22,764,219
25,295,066
25,426,735
25,426,73525,295,06622,764,21922,532,59821,407,55219,556,37918,243,13816,150,05416,077,24415,763,668
   Capital Surplus 
0
0
1,553,129
1,394,423
1,394,423
1,394,423
1,394,423
1,159,603
1,159,603
1,159,603
1,159,6031,159,6031,159,6031,394,4231,394,4231,394,4231,394,4231,553,12900
   Treasury Stock0000000000
   Other Stockholders Equity 
4,992,483
3,238,717
3,907,521
3,066,257
4,211,621
4,590,591
6,045,714
6,294,248
6,395,439
7,929,190
7,929,1906,395,4396,294,2486,045,7144,590,5914,211,6213,066,2573,907,5213,238,7174,992,483



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue76,522,762
Cost of Revenue-49,675,972
Gross Profit26,846,79026,846,790
 
Operating Income (+$)
Gross Profit26,846,790
Operating Expense-0
Operating Income6,577,01226,846,790
 
Operating Expense (+$)
Research Development0
Selling General Administrative16,750,125
Selling And Marketing Expenses0
Operating Expense016,750,125
 
Net Interest Income (+$)
Interest Income48,162
Interest Expense-677
Other Finance Cost-47,485
Net Interest Income0
 
Pretax Income (+$)
Operating Income6,577,012
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)7,108,1706,577,012
EBIT - interestExpense = -677
3,483,529
3,484,206
Interest Expense677
Earnings Before Interest and Taxes (EBIT)07,108,847
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax7,108,170
Tax Provision-952,787
Net Income From Continuing Ops06,155,383
Net Income3,483,529
Net Income Applicable To Common Shares3,483,529
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net00
 

Technical Analysis of Polyplex
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Polyplex. The general trend of Polyplex is BULLISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Polyplex's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (57.1%) Bearish trend (-57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Polyplex Corporation Limited.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 1,132 < 1,135 < 1,150.

The bearish price targets are: 965.65 > 902.85 > 761.10.

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Polyplex Corporation Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging¬†trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Polyplex Corporation Limited. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Polyplex Corporation Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a¬†lagging momentum¬†indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Polyplex Corporation Limited. The current macd is 28.33.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Polyplex price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Polyplex. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Polyplex price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Polyplex Corporation Limited Daily Moving Average Convergence/Divergence (MACD) ChartPolyplex Corporation Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Polyplex Corporation Limited. The current adx is 32.14.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Polyplex shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Polyplex Corporation Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows¬†the current trend.
  • Shows¬†potential entry signals.
  • Shows¬†¬†potential exit signals.
  • Can be used to place¬†trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Polyplex Corporation Limited. The current sar is 991.70.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Polyplex Corporation Limited Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum¬†indicator, meaning the signals are instant.
  • Ranges¬†between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Polyplex Corporation Limited. The current rsi is 61.02. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Polyplex Corporation Limited Daily Relative Strength Index (RSI) ChartPolyplex Corporation Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading¬†momentum¬†indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges¬†between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Polyplex Corporation Limited. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Polyplex price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Polyplex Corporation Limited Daily Stochastic Oscillator ChartPolyplex Corporation Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,¬†the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Polyplex Corporation Limited. The current cci is 46.48.

Polyplex Corporation Limited Daily Commodity Channel Index (CCI) ChartPolyplex Corporation Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Polyplex Corporation Limited. The current cmo is 21.69.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Polyplex Corporation Limited Daily Chande Momentum Oscillator (CMO) ChartPolyplex Corporation Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and¬†-100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Polyplex Corporation Limited. The current willr is -48.02280014.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Polyplex is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Polyplex Corporation Limited Daily Williams %R ChartPolyplex Corporation Limited Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold¬†

Score

Let's take a look at the Bollinger Bands of Polyplex Corporation Limited.

Polyplex Corporation Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Polyplex Corporation Limited. The current atr is 42.41.

Polyplex Corporation Limited Daily Average True Range (ATR) ChartPolyplex Corporation Limited Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Polyplex Corporation Limited. The current obv is -686,786.

Polyplex Corporation Limited Daily On-Balance Volume (OBV) ChartPolyplex Corporation Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Polyplex Corporation Limited. The current mfi is 45.58.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Polyplex Corporation Limited Daily Money Flow Index (MFI) ChartPolyplex Corporation Limited Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Polyplex Corporation Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-02-27RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-28WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-01RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-01SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-03CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-04-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-04-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-04-24SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-06CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-05-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-05-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-10CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-05-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-16MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-05-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-05-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-05-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-24DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-05-27WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-28CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-05-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-30STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-31BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-06-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-04STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-06STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-06-07SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-10CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-06-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-06-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-06-13WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-06-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-19STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-06-20BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-24MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-06-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-26MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-07-01STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-07-03ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-04STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-07-05MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-07-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-07-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-07-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-19STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-07-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-24SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.

6.3. Candlestick Patterns

Polyplex Corporation Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Polyplex Corporation Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5061.016
Ma 20Greater thanMa 501,041.885
Ma 50Greater thanMa 100932.490
Ma 100Greater thanMa 200897.313
OpenGreater thanClose1,025.000
Total3/5 (60.0%)
Penke

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