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Carborundum Universal Limited
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Let's analyse Carborundum Universal Limited together

PenkeI guess you are interested in Carborundum Universal 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 Carborundum Universal 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.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Carborundum Universal Limited (30 sec.)










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

How much money do you get?

How much money do you get?
INR0.17
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR154.86
Expected worth in 1 year
INR259.32
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
INR118.42
Return On Investment
9.3%

For what price can you sell your share?

Current Price per Share
INR1,268.35
Expected price per share
INR1,180 - INR1,238
How sure are you?
50%

1. Valuation of Carborundum Universal Limited (5 min.)




Live pricePrice per Share (EOD)

INR1,268.35

Intrinsic Value Per Share

INR-76.63 - INR86.23

Total Value Per Share

INR78.24 - INR241.09

2. Growth of Carborundum Universal Limited (5 min.)




Is Carborundum Universal Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$353.8m$293.9m$59.8m16.9%

How much money is Carborundum Universal Limited making?

Current yearPrevious yearGrowGrow %
Making money$49.6m$40m$9.6m19.5%
Net Profit Margin9.0%10.1%--

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

3. Financial Health of Carborundum Universal Limited (5 min.)




4. Comparing to competitors in the Conglomerates industry (5 min.)




  Industry Rankings (Conglomerates)  


Richest
#131 / 248

Most Revenue
#85 / 248

Most Profit
#61 / 248

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

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

What can you expect buying and holding a share of Carborundum Universal Limited?

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

Speculation

The Price per Share of Carborundum Universal Limited is INR1,268. 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 Carborundum Universal Limited.
  • 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 Carborundum Universal Limited, 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 INR154.86. Based on the TTM, the Book Value Change Per Share is INR26.12 per quarter. Based on the YOY, the Book Value Change Per Share is INR14.27 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 INR3.49 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Carborundum Universal Limited.

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 Eps0.260.0%0.260.0%0.210.0%0.200.0%0.150.0%
Usd Book Value Change Per Share0.310.0%0.310.0%0.170.0%0.170.0%0.110.0%
Usd Dividend Per Share0.040.0%0.040.0%0.040.0%0.040.0%0.030.0%
Usd Total Gains Per Share0.360.0%0.360.0%0.210.0%0.200.0%0.140.0%
Usd Price Per Share11.82-11.82-9.60-7.01-4.89-
Price to Earnings Ratio45.31-45.31-45.66-34.33-31.48-
Price-to-Total Gains Ratio33.28-33.28-46.34-34.10--51.01-
Price to Book Ratio6.36-6.36-6.21-4.72-3.96-
Price-to-Total Gains Ratio33.28-33.28-46.34-34.10--51.01-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share15.2202
Number of shares65
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.040.04
Usd Book Value Change Per Share0.310.17
Usd Total Gains Per Share0.360.20
Gains per Quarter (65 shares)23.0913.12
Gains per Year (65 shares)92.3752.48
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
111818294342
222163174188794
33324426628130146
44432635837173198
55440745046217250
66548954255260302
77657063464303354
88765272673346406
99873381883390458
1010981591092433510

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%10.00.00.0100.0%19.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%17.01.01.089.5%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%19.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%18.01.00.094.7%

Fundamentals of Carborundum Universal Limited

About Carborundum Universal Limited

Carborundum Universal Limited, together with its subsidiaries, manufactures and sells abrasives, ceramics, and electrominerals in India and internationally. The company operates through three segments: Surface Engineering, Technical Ceramics and Super Refractory Solutions, and Electrominerals. It offers bonded and coated abrasives, metal working fluids, power tools, non-woven, and tools for stones; and electro minerals, including alumina, carbides, zirconia, and grit powders. The company also provides industrial ceramics used in automotive, chemical, defense, electronics, energy, food, heavy industries, lifestyle, medical, and minerals and metallurgy industries. In addition, it manufactures super refractories, such as acid proof cement, polymer concrete products, anti-corrosive coatings and screedings, construction chemicals, concrete repair and rehabilitation materials, FRP chemical process equipment, and pipes and fittings for handling corrosives. Further, the company operates gas-based power generation facility; and provides IT infrastructure facility management, software application development, remote infrastructure management, and IT security management services. The company was incorporated in 1954 and is based in Chennai, India.

Fundamental data was last updated by Penke on 2024-03-23 08:09:03.

Financial Health

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

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is overpriced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Carborundum Universal Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Carborundum Universal Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Carborundum Universal Limited to the Conglomerates industry mean.
  • A Net Profit Margin of 9.0% means that ₹0.09 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Carborundum Universal Limited:

  • The MRQ is 9.0%. The company is making a profit. +1
  • The TTM is 9.0%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ9.0%TTM9.0%0.0%
TTM9.0%YOY10.1%-1.1%
TTM9.0%5Y10.2%-1.2%
5Y10.2%10Y8.6%+1.5%
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ9.0%4.1%+4.9%
TTM9.0%3.8%+5.2%
YOY10.1%3.8%+6.3%
5Y10.2%2.9%+7.3%
10Y8.6%3.8%+4.8%
1.1.2. Return on Assets

Shows how efficient Carborundum Universal Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Carborundum Universal Limited to the Conglomerates industry mean.
  • 10.5% Return on Assets means that Carborundum Universal Limited generated ₹0.11 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Carborundum Universal Limited:

  • The MRQ is 10.5%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 10.5%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ10.5%TTM10.5%0.0%
TTM10.5%YOY10.0%+0.5%
TTM10.5%5Y11.0%-0.5%
5Y11.0%10Y9.4%+1.6%
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ10.5%0.8%+9.7%
TTM10.5%0.8%+9.7%
YOY10.0%0.8%+9.2%
5Y11.0%0.7%+10.3%
10Y9.4%0.8%+8.6%
1.1.3. Return on Equity

Shows how efficient Carborundum Universal Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Carborundum Universal Limited to the Conglomerates industry mean.
  • 14.7% Return on Equity means Carborundum Universal Limited generated ₹0.15 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Carborundum Universal Limited:

  • The MRQ is 14.7%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 14.7%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ14.7%TTM14.7%0.0%
TTM14.7%YOY14.1%+0.6%
TTM14.7%5Y14.5%+0.2%
5Y14.5%10Y13.2%+1.4%
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ14.7%2.1%+12.6%
TTM14.7%2.0%+12.7%
YOY14.1%3.1%+11.0%
5Y14.5%1.9%+12.6%
10Y13.2%2.2%+11.0%

1.2. Operating Efficiency of Carborundum Universal Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Carborundum Universal Limited is operating .

  • Measures how much profit Carborundum Universal Limited 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 Carborundum Universal Limited to the Conglomerates industry mean.
  • An Operating Margin of 12.6% means the company generated ₹0.13  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Carborundum Universal Limited:

  • The MRQ is 12.6%. The company is operating less efficient.
  • The TTM is 12.6%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ12.6%TTM12.6%0.0%
TTM12.6%YOY14.5%-2.0%
TTM12.6%5Y14.0%-1.5%
5Y14.0%10Y13.0%+1.0%
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ12.6%8.2%+4.4%
TTM12.6%4.7%+7.9%
YOY14.5%7.0%+7.5%
5Y14.0%5.6%+8.4%
10Y13.0%5.1%+7.9%
1.2.2. Operating Ratio

Measures how efficient Carborundum Universal Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Conglomerates industry mean).
  • An Operation Ratio of 0.90 means that the operating costs are ₹0.90 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Carborundum Universal Limited:

  • The MRQ is 0.899. The company is less efficient in keeping operating costs low.
  • The TTM is 0.899. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.899TTM0.8990.000
TTM0.899YOY0.870+0.029
TTM0.8995Y0.877+0.022
5Y0.87710Y0.885-0.008
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8991.508-0.609
TTM0.8991.500-0.601
YOY0.8701.432-0.562
5Y0.8771.419-0.542
10Y0.8851.201-0.316

1.3. Liquidity of Carborundum Universal Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Carborundum Universal Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Conglomerates industry mean).
  • A Current Ratio of 2.74 means the company has ₹2.74 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Carborundum Universal Limited:

  • The MRQ is 2.745. The company is able to pay all its short-term debts. +1
  • The TTM is 2.745. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.745TTM2.7450.000
TTM2.745YOY2.132+0.612
TTM2.7455Y3.109-0.364
5Y3.10910Y2.597+0.512
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ2.7451.466+1.279
TTM2.7451.480+1.265
YOY2.1321.475+0.657
5Y3.1091.555+1.554
10Y2.5971.489+1.108
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Carborundum Universal Limited to the Conglomerates industry mean.
  • A Quick Ratio of 1.42 means the company can pay off ₹1.42 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Carborundum Universal Limited:

  • The MRQ is 1.420. The company is able to pay all its short-term debts with the most liquid assets. +1
  • The TTM is 1.420. The company is able to pay all its short-term debts with the most liquid assets. +1
Trends
Current periodCompared to+/- 
MRQ1.420TTM1.4200.000
TTM1.420YOY1.106+0.314
TTM1.4205Y2.006-0.586
5Y2.00610Y1.599+0.407
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4200.719+0.701
TTM1.4200.753+0.667
YOY1.1060.801+0.305
5Y2.0060.864+1.142
10Y1.5990.826+0.773

1.4. Solvency of Carborundum Universal Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Carborundum Universal Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Carborundum Universal Limited to Conglomerates industry mean.
  • A Debt to Asset Ratio of 0.25 means that Carborundum Universal Limited assets are financed with 24.9% credit (debt) and the remaining percentage (100% - 24.9%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Carborundum Universal Limited:

  • The MRQ is 0.249. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.249. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.249TTM0.2490.000
TTM0.249YOY0.263-0.014
TTM0.2495Y0.215+0.034
5Y0.21510Y0.266-0.051
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2490.551-0.302
TTM0.2490.559-0.310
YOY0.2630.563-0.300
5Y0.2150.569-0.354
10Y0.2660.556-0.290
1.4.2. Debt to Equity Ratio

Measures if Carborundum Universal Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Carborundum Universal Limited to the Conglomerates industry mean.
  • A Debt to Equity ratio of 34.6% means that company has ₹0.35 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Carborundum Universal Limited:

  • The MRQ is 0.346. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.346. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.346TTM0.3460.000
TTM0.346YOY0.369-0.023
TTM0.3465Y0.286+0.060
5Y0.28610Y0.396-0.111
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3461.308-0.962
TTM0.3461.348-1.002
YOY0.3691.456-1.087
5Y0.2861.574-1.288
10Y0.3961.498-1.102

2. Market Valuation of Carborundum Universal 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 Carborundum Universal Limited generates.

  • Above 15 is considered overpriced but always compare Carborundum Universal Limited to the Conglomerates industry mean.
  • A PE ratio of 45.31 means the investor is paying ₹45.31 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Carborundum Universal Limited:

  • The EOD is 58.331. Based on the earnings, the company is expensive. -2
  • The MRQ is 45.311. Based on the earnings, the company is overpriced. -1
  • The TTM is 45.311. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD58.331MRQ45.311+13.020
MRQ45.311TTM45.3110.000
TTM45.311YOY45.662-0.351
TTM45.3115Y34.330+10.981
5Y34.33010Y31.478+2.852
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
EOD58.3317.746+50.585
MRQ45.3117.358+37.953
TTM45.3117.358+37.953
YOY45.6627.337+38.325
5Y34.3308.435+25.895
10Y31.47814.700+16.778
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 188.027. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 146.058. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 146.058. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD188.027MRQ146.058+41.968
MRQ146.058TTM146.0580.000
TTM146.058YOY-48.080+194.139
TTM146.0585Y42.856+103.202
5Y42.85610Y49.181-6.325
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
EOD188.0272.229+185.798
MRQ146.0582.052+144.006
TTM146.0581.082+144.976
YOY-48.0800.524-48.604
5Y42.8561.046+41.810
10Y49.1810.702+48.479
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Conglomerates industry mean).
  • A PB ratio of 6.36 means the investor is paying ₹6.36 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Carborundum Universal Limited:

  • The EOD is 8.190. Based on the equity, the company is overpriced. -1
  • The MRQ is 6.362. Based on the equity, the company is overpriced. -1
  • The TTM is 6.362. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD8.190MRQ6.362+1.828
MRQ6.362TTM6.3620.000
TTM6.362YOY6.214+0.148
TTM6.3625Y4.716+1.646
5Y4.71610Y3.964+0.752
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
EOD8.1900.964+7.226
MRQ6.3620.912+5.450
TTM6.3620.944+5.418
YOY6.2141.033+5.181
5Y4.7161.108+3.608
10Y3.9641.303+2.661
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Carborundum Universal 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--26.11526.1150%14.270+83%13.881+88%9.531+174%
Book Value Per Share--154.863154.8630%128.748+20%118.308+31%94.129+65%
Current Ratio--2.7452.7450%2.132+29%3.109-12%2.597+6%
Debt To Asset Ratio--0.2490.2490%0.263-5%0.215+16%0.266-7%
Debt To Equity Ratio--0.3460.3460%0.369-6%0.286+21%0.396-13%
Dividend Per Share--3.4913.4910%2.992+17%2.938+19%2.242+56%
Eps--21.74421.7440%17.520+24%16.309+33%12.142+79%
Free Cash Flow Per Share--6.7466.7460%-16.639+347%5.671+19%6.035+12%
Free Cash Flow To Equity Per Share---0.262-0.2620%-11.939+4455%1.952-113%1.136-123%
Gross Profit Margin--0.4420.4420%0.560-21%0.584-24%0.471-6%
Intrinsic Value_10Y_max--86.228--------
Intrinsic Value_10Y_min---76.626--------
Intrinsic Value_1Y_max--6.612--------
Intrinsic Value_1Y_min--0.111--------
Intrinsic Value_3Y_max--21.412--------
Intrinsic Value_3Y_min---6.412--------
Intrinsic Value_5Y_max--38.076--------
Intrinsic Value_5Y_min---20.276--------
Market Cap241298514100.000+22%187582843098.000187582843098.0000%152217511200.000+23%111183962059.600+69%77467417339.800+142%
Net Profit Margin--0.0900.0900%0.101-11%0.102-12%0.086+4%
Operating Margin--0.1260.1260%0.145-13%0.140-10%0.130-3%
Operating Ratio--0.8990.8990%0.870+3%0.877+3%0.885+2%
Pb Ratio8.190+22%6.3626.3620%6.214+2%4.716+35%3.964+60%
Pe Ratio58.331+22%45.31145.3110%45.662-1%34.330+32%31.478+44%
Price Per Share1268.350+22%985.250985.2500%800.000+23%584.250+69%407.110+142%
Price To Free Cash Flow Ratio188.027+22%146.058146.0580%-48.080+133%42.856+241%49.181+197%
Price To Total Gains Ratio42.841+22%33.27933.2790%46.345-28%34.098-2%-51.009+253%
Quick Ratio--1.4201.4200%1.106+28%2.006-29%1.599-11%
Return On Assets--0.1050.1050%0.100+5%0.110-5%0.094+12%
Return On Equity--0.1470.1470%0.141+4%0.145+1%0.132+12%
Total Gains Per Share--29.60629.6060%17.262+72%16.819+76%11.773+151%
Usd Book Value--353815200.000353815200.0000%293965320.000+20%270152856.000+31%214923468.000+65%
Usd Book Value Change Per Share--0.3130.3130%0.171+83%0.167+88%0.114+174%
Usd Book Value Per Share--1.8581.8580%1.545+20%1.420+31%1.130+65%
Usd Dividend Per Share--0.0420.0420%0.036+17%0.035+19%0.027+56%
Usd Eps--0.2610.2610%0.210+24%0.196+33%0.146+79%
Usd Free Cash Flow--15411600.00015411600.0000%-37990920.000+347%12948312.000+19%13778460.000+12%
Usd Free Cash Flow Per Share--0.0810.0810%-0.200+347%0.068+19%0.072+12%
Usd Free Cash Flow To Equity Per Share---0.003-0.0030%-0.143+4455%0.023-113%0.014-123%
Usd Market Cap2895582169.200+22%2250994117.1762250994117.1760%1826610134.400+23%1334207544.715+69%929609008.078+142%
Usd Price Per Share15.220+22%11.82311.8230%9.600+23%7.011+69%4.885+142%
Usd Profit--49678320.00049678320.0000%40002600.000+24%37835616.000+31%28006104.000+77%
Usd Revenue--552124800.000552124800.0000%394753680.000+40%377274192.000+46%315646728.000+75%
Usd Total Gains Per Share--0.3550.3550%0.207+72%0.202+76%0.141+151%
 EOD+4 -4MRQTTM+0 -0YOY+28 -85Y+20 -1610Y+26 -10

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1558.331
Price to Book Ratio (EOD)Between0-18.190
Net Profit Margin (MRQ)Greater than00.090
Operating Margin (MRQ)Greater than00.126
Quick Ratio (MRQ)Greater than11.420
Current Ratio (MRQ)Greater than12.745
Debt to Asset Ratio (MRQ)Less than10.249
Debt to Equity Ratio (MRQ)Less than10.346
Return on Equity (MRQ)Greater than0.150.147
Return on Assets (MRQ)Greater than0.050.105
Total7/10 (70.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5076.778
Ma 20Greater thanMa 501,118.458
Ma 50Greater thanMa 1001,116.382
Ma 100Greater thanMa 2001,127.258
OpenGreater thanClose1,229.150
Total2/5 (40.0%)



Latest Balance Sheet

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

Summary
Total Assets39,244,200
Total Liabilities9,759,600
Total Stockholder Equity28,205,600
 As reported
Total Liabilities 9,759,600
Total Stockholder Equity+ 28,205,600
Total Assets = 39,244,200

Assets

Total Assets39,244,200
Total Current Assets20,259,300
Long-term Assets18,984,900
Total Current Assets
Cash And Cash Equivalents 3,963,700
Short-term Investments 122,200
Net Receivables 6,273,800
Inventory 8,989,200
Other Current Assets 910,400
Total Current Assets  (as reported)20,259,300
Total Current Assets  (calculated)20,259,300
+/-0
Long-term Assets
Property Plant Equipment 11,324,100
Goodwill 2,443,800
Intangible Assets 2,374,100
Other Assets 793,030
Long-term Assets  (as reported)18,984,900
Long-term Assets  (calculated)16,935,030
+/- 2,049,870

Liabilities & Shareholders' Equity

Total Current Liabilities7,380,900
Long-term Liabilities2,378,700
Total Stockholder Equity28,205,600
Total Current Liabilities
Short-term Debt 1,957,200
Short Long Term Debt 1,872,400
Accounts payable 3,359,000
Other Current Liabilities 511,700
Total Current Liabilities  (as reported)7,380,900
Total Current Liabilities  (calculated)7,700,300
+/- 319,400
Long-term Liabilities
Long term Debt Total 815,320
Long term Debt 428,600
Capital Lease Obligations 471,500
Long-term Liabilities Other 404,500
Long-term Liabilities  (as reported)2,378,700
Long-term Liabilities  (calculated)2,119,920
+/- 258,780
Total Stockholder Equity
Common Stock189,900
Retained Earnings 17,900,790
Accumulated Other Comprehensive Income 9,698,570
Capital Surplus 410,330
Total Stockholder Equity (as reported)28,205,600
Total Stockholder Equity (calculated)28,199,590
+/- 6,010
Other
Capital Stock189,900
Cash and Short Term Investments 4,085,900
Common Stock Shares Outstanding 190,391
Current Deferred Revenue1,553,000
Liabilities and Stockholders Equity 39,244,200
Net Debt -1,191,200
Net Invested Capital 30,506,600
Net Working Capital 12,878,400
Property Plant and Equipment Gross 11,324,100
Short Long Term Debt Total 2,772,500



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-312007-03-312006-03-312005-03-31
> Total Assets 
3,638,900
4,736,370
7,016,390
10,715,820
13,159,870
13,159,870
14,885,690
17,650,750
19,109,010
19,947,330
18,250,330
18,835,910
19,222,220
20,985,210
22,320,320
22,916,740
26,885,010
33,228,280
39,244,200
39,244,20033,228,28026,885,01022,916,74022,320,32020,985,21019,222,22018,835,91018,250,33019,947,33019,109,01017,650,75014,885,69013,159,87013,159,87010,715,8207,016,3904,736,3703,638,900
   > Total Current Assets 
1,774,400
2,270,600
3,181,430
4,978,910
6,341,040
6,341,040
7,779,810
9,825,680
9,507,500
10,163,130
9,464,630
10,156,860
9,709,600
11,552,200
12,998,140
13,401,390
17,093,700
16,478,460
20,259,300
20,259,30016,478,46017,093,70013,401,39012,998,14011,552,2009,709,60010,156,8609,464,63010,163,1309,507,5009,825,6807,779,8106,341,0406,341,0404,978,9103,181,4302,270,6001,774,400
       Cash And Cash Equivalents 
120,870
228,250
498,940
476,030
604,070
604,070
697,920
1,086,760
843,730
738,600
979,290
1,158,030
1,248,390
1,276,340
959,370
2,920,550
4,783,270
3,475,040
3,963,700
3,963,7003,475,0404,783,2702,920,550959,3701,276,3401,248,3901,158,030979,290738,600843,7301,086,760697,920604,070604,070476,030498,940228,250120,870
       Short-term Investments 
248,430
288,040
339,850
507,480
607,520
607,520
683,750
387,720
243,450
292,150
333,250
285,420
116,330
570,490
961,250
675,140
2,087,990
22,440
122,200
122,20022,4402,087,990675,140961,250570,490116,330285,420333,250292,150243,450387,720683,750607,520607,520507,480339,850288,040248,430
       Net Receivables 
0
0
0
0
0
0
0
0
0
4,276,580
3,769,730
3,674,820
3,922,920
4,792,200
5,552,370
4,406,900
4,873,250
5,028,940
6,273,800
6,273,8005,028,9404,873,2504,406,9005,552,3704,792,2003,922,9203,674,8203,769,7304,276,580000000000
       Inventory 
554,250
681,920
1,016,670
1,734,030
2,445,320
2,445,320
3,107,700
4,086,110
4,025,920
4,340,020
3,883,310
3,866,380
3,866,970
4,380,240
5,328,550
5,076,240
4,605,190
6,909,040
8,989,200
8,989,2006,909,0404,605,1905,076,2405,328,5504,380,2403,866,9703,866,3803,883,3104,340,0204,025,9204,086,1103,107,7002,445,3202,445,3201,734,0301,016,670681,920554,250
       Other Current Assets 
850,850
1,072,390
1,325,970
2,261,370
2,684,130
2,684,130
3,290,440
4,265,090
4,394,400
4,792,360
4,268,780
4,847,030
4,477,910
5,325,130
196,600
322,560
744,000
1,043,000
910,400
910,4001,043,000744,000322,560196,6005,325,1304,477,9104,847,0304,268,7804,792,3604,394,4004,265,0903,290,4402,684,1302,684,1302,261,3701,325,9701,072,390850,850
   > Long-term Assets 
1,864,500
2,465,770
3,834,960
5,736,910
6,818,830
6,818,830
7,105,880
7,825,070
9,601,510
9,784,200
8,785,700
8,679,050
9,512,620
9,433,010
9,322,180
9,515,350
9,791,310
16,749,820
18,984,900
18,984,90016,749,8209,791,3109,515,3509,322,1809,433,0109,512,6208,679,0508,785,7009,784,2009,601,5107,825,0707,105,8806,818,8306,818,8305,736,9103,834,9602,465,7701,864,500
       Property Plant Equipment 
1,269,910
1,865,380
2,711,320
3,953,070
4,469,020
4,469,020
5,420,070
6,456,800
8,228,070
8,119,890
7,090,900
6,811,910
6,543,430
6,446,520
6,151,220
6,508,400
6,660,000
7,776,410
11,324,100
11,324,1007,776,4106,660,0006,508,4006,151,2206,446,5206,543,4306,811,9107,090,9008,119,8908,228,0706,456,8005,420,0704,469,0204,469,0203,953,0702,711,3201,865,3801,269,910
       Goodwill 
232,260
232,260
343,930
1,031,700
1,036,260
1,036,260
0
943,510
1,001,610
1,104,690
1,156,020
1,214,510
1,147,950
1,151,410
1,222,820
1,330,370
1,297,690
1,581,250
2,443,800
2,443,8001,581,2501,297,6901,330,3701,222,8201,151,4101,147,9501,214,5101,156,0201,104,6901,001,610943,51001,036,2601,036,2601,031,700343,930232,260232,260
       Long Term Investments 
0
0
0
0
0
0
0
0
0
81,070
78,010
1,292,670
1,194,930
1,232,450
1,303,940
0
0
0
0
00001,303,9401,232,4501,194,9301,292,67078,01081,070000000000
       Intangible Assets 
3,520
2,770
12,760
13,050
18,690
18,690
0
43,560
44,860
139,960
113,440
118,000
82,720
61,320
40,040
31,420
93,860
1,278,550
2,374,100
2,374,1001,278,55093,86031,42040,04061,32082,720118,000113,440139,96044,86043,560018,69018,69013,05012,7602,7703,520
       Long-term Assets Other 
357,230
442,340
679,090
890,640
1,292,500
1,292,500
788,190
741,170
480,180
539,620
586,810
673,370
459,140
1,002,160
1,464,360
341,690
340,150
4,466,230
464,960
464,9604,466,230340,150341,6901,464,3601,002,160459,140673,370586,810539,620480,180741,170788,1901,292,5001,292,500890,640679,090442,340357,230
> Total Liabilities 
1,208,040
1,822,040
3,410,980
5,869,280
7,635,590
7,635,590
6,836,010
7,405,890
7,779,460
8,188,260
6,785,200
6,263,640
4,737,730
4,726,970
4,556,200
3,877,780
5,106,110
8,731,170
9,759,600
9,759,6008,731,1705,106,1103,877,7804,556,2004,726,9704,737,7306,263,6406,785,2008,188,2607,779,4607,405,8906,836,0107,635,5907,635,5905,869,2803,410,9801,822,0401,208,040
   > Total Current Liabilities 
603,070
854,210
1,228,650
1,716,170
2,073,680
2,073,680
2,274,640
4,837,240
5,223,610
5,672,200
5,674,710
5,466,310
4,131,450
4,185,810
4,053,980
3,531,940
4,660,810
7,727,350
7,380,900
7,380,9007,727,3504,660,8103,531,9404,053,9804,185,8104,131,4505,466,3105,674,7105,672,2005,223,6104,837,2402,274,6402,073,6802,073,6801,716,1701,228,650854,210603,070
       Short-term Debt 
0
0
0
0
0
0
0
1,930,940
2,377,210
2,690,840
2,836,550
2,813,800
1,468,460
1,189,630
874,710
581,670
396,450
2,090,160
1,957,200
1,957,2002,090,160396,450581,670874,7101,189,6301,468,4602,813,8002,836,5502,690,8402,377,2101,930,9400000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
4,562,690
2,557,680
559,880
1,484,430
1,219,760
909,790
574,090
355,400
2,044,200
1,872,400
1,872,4002,044,200355,400574,090909,7901,219,7601,484,430559,8802,557,6804,562,690000000000
       Accounts payable 
422,970
566,580
822,370
1,033,280
1,261,570
1,099,940
0
1,670,420
1,760,030
2,005,900
1,708,290
1,527,930
1,650,230
1,975,670
2,086,760
1,953,990
3,031,060
3,703,590
3,359,000
3,359,0003,703,5903,031,0601,953,9902,086,7601,975,6701,650,2301,527,9301,708,2902,005,9001,760,0301,670,42001,099,9401,261,5701,033,280822,370566,580422,970
       Other Current Liabilities 
180,100
287,630
406,280
682,890
812,110
973,740
2,274,640
1,175,100
1,086,370
975,460
1,129,870
1,124,580
1,012,760
1,020,510
92,610
142,160
92,600
589,210
511,700
511,700589,21092,600142,16092,6101,020,5101,012,7601,124,5801,129,870975,4601,086,3701,175,1002,274,640973,740812,110682,890406,280287,630180,100
   > Long-term Liabilities 
604,970
967,830
2,182,330
4,153,110
5,561,910
5,561,910
4,561,370
2,568,650
2,555,850
2,516,060
1,110,490
797,330
606,280
541,160
502,220
345,840
445,300
1,003,820
2,378,700
2,378,7001,003,820445,300345,840502,220541,160606,280797,3301,110,4902,516,0602,555,8502,568,6504,561,3705,561,9105,561,9104,153,1102,182,330967,830604,970
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
362,420
66,810
66,320
50,750
100,560
220,770
309,800
815,320
815,320309,800220,770100,56050,75066,32066,810362,42000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
643,370
543,740
548,820
539,470
474,840
451,470
245,280
224,530
694,000
0
0694,000224,530245,280451,470474,840539,470548,820543,740643,370000000000
> Total Stockholder Equity
2,315,880
2,789,570
3,419,800
4,467,680
5,038,680
5,038,680
7,455,410
9,470,210
10,591,520
11,059,810
10,887,100
11,858,880
13,827,860
15,643,500
17,241,020
18,583,550
21,314,670
23,637,720
28,205,600
28,205,60023,637,72021,314,67018,583,55017,241,02015,643,50013,827,86011,858,88010,887,10011,059,81010,591,5209,470,2107,455,4105,038,6805,038,6804,467,6803,419,8002,789,5702,315,880
   Common Stock
93,350
186,710
186,710
186,710
186,710
186,710
186,940
187,400
187,470
187,760
188,180
188,380
188,660
188,960
189,150
189,410
189,590
189,860
189,900
189,900189,860189,590189,410189,150188,960188,660188,380188,180187,760187,470187,400186,940186,710186,710186,710186,710186,71093,350
   Retained Earnings Total Equity0000000000000000000
   Accumulated Other Comprehensive Income 
-1,437,990
-1,552,180
-1,619,230
-2,330,480
-2,612,800
-2,612,800
-3,656,380
-4,251,240
-5,099,100
-5,871,220
-6,725,400
-6,644,160
-1,775,840
-2,714,470
-3,691,480
-4,582,190
8,026,200
8,072,490
9,698,570
9,698,5708,072,4908,026,200-4,582,190-3,691,480-2,714,470-1,775,840-6,644,160-6,725,400-5,871,220-5,099,100-4,251,240-3,656,380-2,612,800-2,612,800-2,330,480-1,619,230-1,552,180-1,437,990
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
166,610
194,150
226,190
254,110
288,560
320,240
382,360
410,330
410,330382,360320,240288,560254,110226,190194,150166,61000000000000
   Treasury Stock0000000000000000000
   Other Stockholders Equity 
3,660,520
4,155,040
4,852,320
6,611,450
7,464,770
7,464,770
6,918,800
8,707,350
10,296,580
11,134,210
11,269,310
11,537,230
9,307,770
10,808,030
12,009,090
-17,812,730
326,270
388,390
416,340
416,340388,390326,270-17,812,73012,009,09010,808,0309,307,77011,537,23011,269,31011,134,21010,296,5808,707,3506,918,8007,464,7707,464,7706,611,4504,852,3204,155,0403,660,520



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 (+$)
totalRevenue46,010,400
Cost of Revenue-17,141,000
Gross Profit28,869,40028,869,400
 
Operating Income (+$)
Gross Profit28,869,400
Operating Expense-24,224,200
Operating Income4,677,8904,645,200
 
Operating Expense (+$)
Research Development220,030
Selling General Administrative1,022,840
Selling And Marketing Expenses2,311,280
Operating Expense24,224,2003,554,150
 
Net Interest Income (+$)
Interest Income137,500
Interest Expense-235,300
Other Finance Cost-137,500
Net Interest Income-235,300
 
Pretax Income (+$)
Operating Income4,677,890
Net Interest Income-235,300
Other Non-Operating Income Expenses0
Income Before Tax (EBT)5,799,1003,556,690
EBIT - interestExpense = 5,549,900
5,521,960
4,375,160
Interest Expense235,300
Earnings Before Interest and Taxes (EBIT)5,785,2006,034,400
Earnings Before Interest and Taxes (EBITDA)7,658,600
 
After tax Income (+$)
Income Before Tax5,799,100
Tax Provision-1,382,100
Net Income From Continuing Ops4,417,0004,417,000
Net Income4,139,860
Net Income Applicable To Common Shares4,139,900
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses41,365,200
Total Other Income/Expenses Net1,121,200235,300
 

Technical Analysis of Carborundum Universal Limited
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 Carborundum Universal Limited. The general trend of Carborundum Universal Limited is BULLISH with 28.6% 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 Carborundum Universal Limited'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 (28.6%) Bearish trend (-28.6%)
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 Carborundum Universal Limited.

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

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 1,238.

The bearish price targets are: 1,186 > 1,183 > 1,180.

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Carborundum Universal 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 Carborundum Universal Limited. The current mas is .

The long score for the Moving Averages is 9/14.
The longshort score for the Moving Averages is 4/(-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 lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower 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 lower 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 up: The MA 200 is trending up. +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

Carborundum Universal 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 Carborundum Universal Limited. The current macd is 36.49.

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

  • MACD line > signal line: The MACD line is above the signal 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 Carborundum Universal Limited price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Carborundum Universal Limited. 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 Carborundum Universal Limited 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
Carborundum Universal Limited Daily Moving Average Convergence/Divergence (MACD) ChartCarborundum Universal 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 Carborundum Universal Limited. The current adx is 25.20.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-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 Carborundum Universal Limited shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Carborundum Universal 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 Carborundum Universal Limited. The current sar is 1,158.

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
Carborundum Universal Limited Daily Parabolic SAR Chart

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 Carborundum Universal Limited. The current rsi is 76.78. The current phase is Overbought in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 0/(-13 +13).

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
  • Trending up: The RSI is trending up. +1
Carborundum Universal Limited Daily Relative Strength Index (RSI) ChartCarborundum Universal 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 Carborundum Universal Limited. The current phase is Overbought in bull market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • 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 Carborundum Universal Limited price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Carborundum Universal Limited Daily Stochastic Oscillator ChartCarborundum Universal 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 Carborundum Universal Limited. The current cci is 175.76.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Carborundum Universal Limited Daily Commodity Channel Index (CCI) ChartCarborundum Universal 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 Carborundum Universal Limited. The current cmo is 70.86.

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
Carborundum Universal Limited Daily Chande Momentum Oscillator (CMO) ChartCarborundum Universal 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 Carborundum Universal Limited. The current willr is -9.20918886.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Carborundum Universal Limited Daily Williams %R ChartCarborundum Universal Limited Daily Williams %R Chart

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 Carborundum Universal Limited.

Carborundum Universal 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 Carborundum Universal Limited. The current atr is 42.72.

Carborundum Universal Limited Daily Average True Range (ATR) ChartCarborundum Universal Limited Daily Average True Range (ATR) Chart

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 Carborundum Universal Limited. The current obv is 16,003,281.

Carborundum Universal Limited Daily On-Balance Volume (OBV) ChartCarborundum Universal 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 Carborundum Universal Limited. The current mfi is 78.48.

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

  • MFI > 50: +1
Carborundum Universal Limited Daily Money Flow Index (MFI) ChartCarborundum Universal Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Carborundum Universal 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
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-15SAR 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
2023-11-16DMI 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
2023-11-17CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22STOCH 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-15STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
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).
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-12WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-23DMI 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.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-24MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-07DMI 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
2024-02-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-20MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-22MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26STOCH 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.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15DMI 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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-20BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-26MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside

6.3. Candlestick Patterns

Carborundum Universal Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5076.778
Ma 20Greater thanMa 501,118.458
Ma 50Greater thanMa 1001,116.382
Ma 100Greater thanMa 2001,127.258
OpenGreater thanClose1,229.150
Total2/5 (40.0%)
Penke

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