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Nestle India Limited
Buy, Hold or Sell?

Let's analyse Nestle together

PenkeI guess you are interested in Nestle India 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 Nestle India 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 Nestle (30 sec.)










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

How much money do you get?

How much money do you get?
INR1.01
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR25.51
Expected worth in 1 year
INR41.05
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
INR99.54
Return On Investment
3.8%

For what price can you sell your share?

Current Price per Share
INR2,623.30
Expected price per share
INR2,417 - INR2,129
How sure are you?
50%

1. Valuation of Nestle (5 min.)




Live pricePrice per Share (EOD)

INR2,623.30

Intrinsic Value Per Share

INR158.89 - INR223.89

Total Value Per Share

INR184.40 - INR249.40

2. Growth of Nestle (5 min.)




Is Nestle growing?

Current yearPrevious yearGrowGrow %
How rich?$295.1m$250.1m$44.9m15.2%

How much money is Nestle making?

Current yearPrevious yearGrowGrow %
Making money$286.8m$257.3m$29.4m10.3%
Net Profit Margin14.2%14.7%--

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

3. Financial Health of Nestle (5 min.)




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




  Industry Rankings (Packaged Foods)  


Richest
#191 / 496

Most Revenue
#51 / 496

Most Profit
#19 / 496

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

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

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

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

Speculation

The Price per Share of Nestle is INR2,623. 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 Nestle.
  • 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 Nestle, 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 INR25.51. Based on the TTM, the Book Value Change Per Share is INR3.89 per quarter. Based on the YOY, the Book Value Change Per Share is INR0.68 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 INR21.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Nestle.

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 Eps0.300.0%0.300.0%0.260.0%0.250.0%0.190.0%
Usd Book Value Change Per Share0.050.0%0.050.0%0.010.0%-0.020.0%0.030.0%
Usd Dividend Per Share0.250.0%0.250.0%0.240.0%0.200.0%0.140.0%
Usd Total Gains Per Share0.300.0%0.300.0%0.250.0%0.180.0%0.170.0%
Usd Price Per Share235.19-235.19-236.50-200.63-137.97-
Price to Earnings Ratio790.47-790.47-897.00-785.98-710.11-
Price-to-Total Gains Ratio787.54-787.54-953.23-145.54-435.12-
Price to Book Ratio768.40-768.40-911.60-717.53-463.34-
Price-to-Total Gains Ratio787.54-787.54-953.23-145.54-435.12-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share31.4796
Number of shares31
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.250.20
Usd Book Value Change Per Share0.05-0.02
Usd Total Gains Per Share0.300.18
Gains per Quarter (31 shares)9.265.54
Gains per Year (31 shares)37.0322.18
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
13162725-312
262126450-634
3941710175-956
412523138101-1278
515629175126-15100
618735212151-18122
721940249176-21144
825046286201-24166
928152323226-27188
1031258360251-30210

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%10.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%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%4.01.00.080.0%9.01.00.090.0%9.01.00.090.0%

Fundamentals of Nestle

About Nestle India Limited

Nestlé India Limited manufactures and sells food products in India and internationally. It provides milk products and nutrition, including dairy whitener, condensed and UHT milk, yoghurt, maternal and infant formula, baby food, and health care nutrition products; prepared dishes and cooking aids, such as noodles, sauces, seasonings, pasta, cereals, and pet foods; powdered and liquid beverages comprising instant coffee and tea, as well as ready to drink beverages; and confectionery products consisting of bar countlines, tablets, and sugar confectionery products. The company was incorporated in 1959 and is headquartered in Gurugram, India.

Fundamental data was last updated by Penke on 2024-03-23 15:07:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is very efficient in making profit.
Using its investors money, the company is very efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not 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 unable to pay all its debts with equity.

Valuation

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

1.1. Profitability of Nestle India Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Nestle earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Nestle to the Packaged Foods industry mean.
  • A Net Profit Margin of 14.2% means that ₹0.14 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Nestle India Limited:

  • The MRQ is 14.2%. The company is making a huge profit. +2
  • The TTM is 14.2%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ14.2%TTM14.2%0.0%
TTM14.2%YOY14.7%-0.4%
TTM14.2%5Y15.0%-0.7%
5Y15.0%10Y12.9%+2.1%
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ14.2%3.2%+11.0%
TTM14.2%2.8%+11.4%
YOY14.7%3.0%+11.7%
5Y15.0%3.2%+11.8%
10Y12.9%3.6%+9.3%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Nestle to the Packaged Foods industry mean.
  • 26.6% Return on Assets means that Nestle generated ₹0.27 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Nestle India Limited:

  • The MRQ is 26.6%. Using its assets, the company is very efficient in making profit. +2
  • The TTM is 26.6%. Using its assets, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ26.6%TTM26.6%0.0%
TTM26.6%YOY26.1%+0.5%
TTM26.6%5Y25.4%+1.2%
5Y25.4%10Y20.4%+4.9%
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ26.6%1.2%+25.4%
TTM26.6%1.1%+25.5%
YOY26.1%1.0%+25.1%
5Y25.4%1.2%+24.2%
10Y20.4%1.2%+19.2%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Nestle to the Packaged Foods industry mean.
  • 97.2% Return on Equity means Nestle generated ₹0.97 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Nestle India Limited:

  • The MRQ is 97.2%. Using its investors money, the company is very efficient in making profit. +2
  • The TTM is 97.2%. Using its investors money, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ97.2%TTM97.2%0.0%
TTM97.2%YOY102.9%-5.7%
TTM97.2%5Y89.8%+7.4%
5Y89.8%10Y62.4%+27.3%
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ97.2%2.6%+94.6%
TTM97.2%2.2%+95.0%
YOY102.9%2.2%+100.7%
5Y89.8%2.4%+87.4%
10Y62.4%2.5%+59.9%

1.2. Operating Efficiency of Nestle India Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Nestle is operating .

  • Measures how much profit Nestle 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 Nestle to the Packaged Foods industry mean.
  • An Operating Margin of 19.6% means the company generated ₹0.20  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Nestle India Limited:

  • The MRQ is 19.6%. The company is operating efficient. +1
  • The TTM is 19.6%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ19.6%TTM19.6%0.0%
TTM19.6%YOY20.5%-0.9%
TTM19.6%5Y20.2%-0.6%
5Y20.2%10Y18.9%+1.3%
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ19.6%5.3%+14.3%
TTM19.6%3.3%+16.3%
YOY20.5%4.8%+15.7%
5Y20.2%5.2%+15.0%
10Y18.9%4.9%+14.0%
1.2.2. Operating Ratio

Measures how efficient Nestle is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Packaged Foods industry mean).
  • An Operation Ratio of 1.26 means that the operating costs are ₹1.26 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Nestle India Limited:

  • The MRQ is 1.259. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.259. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.259TTM1.2590.000
TTM1.259YOY1.219+0.040
TTM1.2595Y1.225+0.034
5Y1.22510Y1.261-0.036
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2591.524-0.265
TTM1.2591.505-0.246
YOY1.2191.460-0.241
5Y1.2251.404-0.179
10Y1.2611.226+0.035

1.3. Liquidity of Nestle India Limited.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Packaged Foods industry mean).
  • A Current Ratio of 1.13 means the company has ₹1.13 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Nestle India Limited:

  • The MRQ is 1.133. The company is just able to pay all its short-term debts.
  • The TTM is 1.133. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.133TTM1.1330.000
TTM1.133YOY0.999+0.134
TTM1.1335Y1.622-0.488
5Y1.62210Y1.798-0.177
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1331.554-0.421
TTM1.1331.595-0.462
YOY0.9991.610-0.611
5Y1.6221.655-0.033
10Y1.7981.583+0.215
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Nestle to the Packaged Foods industry mean.
  • A Quick Ratio of 0.16 means the company can pay off ₹0.16 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Nestle India Limited:

  • The MRQ is 0.158. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.158. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.158TTM0.1580.000
TTM0.158YOY0.096+0.062
TTM0.1585Y0.162-0.004
5Y0.16210Y0.350-0.188
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1580.565-0.407
TTM0.1580.581-0.423
YOY0.0960.644-0.548
5Y0.1620.708-0.546
10Y0.3500.717-0.367

1.4. Solvency of Nestle India Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Nestle to Packaged Foods industry mean.
  • A Debt to Asset Ratio of 0.73 means that Nestle assets are financed with 72.6% credit (debt) and the remaining percentage (100% - 72.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Nestle India Limited:

  • The MRQ is 0.726. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.726. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.726TTM0.7260.000
TTM0.726YOY0.746-0.020
TTM0.7265Y0.698+0.028
5Y0.69810Y0.626+0.072
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7260.488+0.238
TTM0.7260.490+0.236
YOY0.7460.481+0.265
5Y0.6980.487+0.211
10Y0.6260.491+0.135
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Nestle to the Packaged Foods industry mean.
  • A Debt to Equity ratio of 265.1% means that company has ₹2.65 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Nestle India Limited:

  • The MRQ is 2.651. The company is unable to pay all its debts with equity. -1
  • The TTM is 2.651. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ2.651TTM2.6510.000
TTM2.651YOY2.939-0.287
TTM2.6515Y2.471+0.180
5Y2.47110Y1.864+0.607
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ2.6510.961+1.690
TTM2.6510.984+1.667
YOY2.9390.936+2.003
5Y2.4710.995+1.476
10Y1.8641.060+0.804

2. Market Valuation of Nestle India 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 Nestle generates.

  • Above 15 is considered overpriced but always compare Nestle to the Packaged Foods industry mean.
  • A PE ratio of 790.47 means the investor is paying ₹790.47 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Nestle India Limited:

  • The EOD is 105.804. Based on the earnings, the company is expensive. -2
  • The MRQ is 790.469. Based on the earnings, the company is expensive. -2
  • The TTM is 790.469. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD105.804MRQ790.469-684.665
MRQ790.469TTM790.4690.000
TTM790.469YOY897.000-106.531
TTM790.4695Y785.977+4.492
5Y785.97710Y710.115+75.862
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
EOD105.80413.175+92.629
MRQ790.46912.324+778.145
TTM790.46913.017+777.452
YOY897.00011.502+885.498
5Y785.97716.260+769.717
10Y710.11519.312+690.803
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 115.623. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 863.828. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 863.828. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD115.623MRQ863.828-748.204
MRQ863.828TTM863.8280.000
TTM863.828YOY1,236.675-372.848
TTM863.8285Y850.281+13.547
5Y850.28110Y654.786+195.495
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
EOD115.6234.748+110.875
MRQ863.8284.039+859.789
TTM863.8281.787+862.041
YOY1,236.675-0.075+1,236.750
5Y850.2811.465+848.816
10Y654.7861.630+653.156
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Packaged Foods industry mean).
  • A PB ratio of 768.40 means the investor is paying ₹768.40 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Nestle India Limited:

  • The EOD is 102.851. Based on the equity, the company is expensive. -2
  • The MRQ is 768.402. Based on the equity, the company is expensive. -2
  • The TTM is 768.402. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD102.851MRQ768.402-665.552
MRQ768.402TTM768.4020.000
TTM768.402YOY911.601-143.198
TTM768.4025Y717.532+50.871
5Y717.53210Y463.339+254.193
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
EOD102.8511.431+101.420
MRQ768.4021.486+766.916
TTM768.4021.433+766.969
YOY911.6011.776+909.825
5Y717.5321.856+715.676
10Y463.3392.407+460.932
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Nestle India 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--3.8863.8860%0.676+475%-1.994+151%2.551+52%
Book Value Per Share--25.50625.5060%21.620+18%25.243+1%27.617-8%
Current Ratio--1.1331.1330%0.999+13%1.622-30%1.798-37%
Debt To Asset Ratio--0.7260.7260%0.746-3%0.698+4%0.626+16%
Debt To Equity Ratio--2.6512.6510%2.939-10%2.471+7%1.864+42%
Dividend Per Share--21.00021.0000%20.000+5%16.900+24%11.335+85%
Eps--24.79424.7940%21.972+13%21.089+18%15.826+57%
Free Cash Flow Per Share--22.68822.6880%15.937+42%20.050+13%17.007+33%
Free Cash Flow To Equity Per Share--0.6720.6720%-5.014+846%-2.804+517%1.041-35%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--223.890--------
Intrinsic Value_10Y_min--158.892--------
Intrinsic Value_1Y_max--20.611--------
Intrinsic Value_1Y_min--18.945--------
Intrinsic Value_3Y_max--63.318--------
Intrinsic Value_3Y_min--54.641--------
Intrinsic Value_5Y_max--107.701--------
Intrinsic Value_5Y_min--87.563--------
Market Cap2529273037113.600-647%18896320247641.00018896320247641.0000%19002136477513.000-1%16120107283170.078+17%11085187847107.129+70%
Net Profit Margin--0.1420.1420%0.147-3%0.150-5%0.129+11%
Operating Margin--0.1960.1960%0.205-4%0.202-3%0.189+4%
Operating Ratio--1.2591.2590%1.219+3%1.225+3%1.2610%
Pb Ratio102.851-647%768.402768.4020%911.601-16%717.532+7%463.339+66%
Pe Ratio105.804-647%790.469790.4690%897.000-12%785.977+1%710.115+11%
Price Per Share2623.300-647%19598.80019598.8000%19708.550-1%16719.380+17%11497.285+70%
Price To Free Cash Flow Ratio115.623-647%863.828863.8280%1236.675-30%850.281+2%654.786+32%
Price To Total Gains Ratio105.412-647%787.537787.5370%953.229-17%145.545+441%435.115+81%
Quick Ratio--0.1580.1580%0.096+64%0.162-3%0.350-55%
Return On Assets--0.2660.2660%0.261+2%0.254+5%0.204+30%
Return On Equity--0.9720.9720%1.029-6%0.898+8%0.624+56%
Total Gains Per Share--24.88624.8860%20.676+20%14.906+67%13.886+79%
Usd Book Value--295100400.000295100400.0000%250137600.000+18%292055760.000+1%319524960.000-8%
Usd Book Value Change Per Share--0.0470.0470%0.008+475%-0.024+151%0.031+52%
Usd Book Value Per Share--0.3060.3060%0.259+18%0.303+1%0.331-8%
Usd Dividend Per Share--0.2520.2520%0.240+5%0.203+24%0.136+85%
Usd Eps--0.2980.2980%0.264+13%0.253+18%0.190+57%
Usd Free Cash Flow--262501200.000262501200.0000%184386000.000+42%231979200.000+13%196767720.000+33%
Usd Free Cash Flow Per Share--0.2720.2720%0.191+42%0.241+13%0.204+33%
Usd Free Cash Flow To Equity Per Share--0.0080.0080%-0.060+846%-0.034+517%0.012-35%
Usd Market Cap30351276445.363-647%226755842971.692226755842971.6920%228025637730.156-1%193441287398.041+17%133022254165.286+70%
Usd Price Per Share31.480-647%235.186235.1860%236.503-1%200.633+17%137.967+70%
Usd Profit--286862400.000286862400.0000%257383200.000+11%244662960.000+17%182533320.000+57%
Usd Revenue--2014743600.0002014743600.0000%1756046400.000+15%1637397840.000+23%1372942320.000+47%
Usd Total Gains Per Share--0.2990.2990%0.248+20%0.179+67%0.167+79%
 EOD+4 -4MRQTTM+0 -0YOY+27 -85Y+24 -1110Y+22 -13

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15105.804
Price to Book Ratio (EOD)Between0-1102.851
Net Profit Margin (MRQ)Greater than00.142
Operating Margin (MRQ)Greater than00.196
Quick Ratio (MRQ)Greater than10.158
Current Ratio (MRQ)Greater than11.133
Debt to Asset Ratio (MRQ)Less than10.726
Debt to Equity Ratio (MRQ)Less than12.651
Return on Equity (MRQ)Greater than0.150.972
Return on Assets (MRQ)Greater than0.050.266
Total6/10 (60.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5032.826
Ma 20Greater thanMa 502,576.517
Ma 50Greater thanMa 1002,531.173
Ma 100Greater thanMa 20011,933.671
OpenGreater thanClose2,579.100
Total1/5 (20.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2018-12-312019-12-312020-12-312021-12-312022-12-31
Other Stockholders Equity  -289,200-34,300-323,5003,200-320,300-249,300-569,600678,500108,900



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in INR. All numbers in thousands.

Summary
Total Assets89,787,400
Total Liabilities65,195,700
Total Stockholder Equity24,591,700
 As reported
Total Liabilities 65,195,700
Total Stockholder Equity+ 24,591,700
Total Assets = 89,787,400

Assets

Total Assets89,787,400
Total Current Assets34,901,500
Long-term Assets54,885,900
Total Current Assets
Cash And Cash Equivalents 9,265,500
Short-term Investments 2,946,100
Net Receivables 1,918,900
Inventory 19,287,700
Other Current Assets 1,339,100
Total Current Assets  (as reported)34,901,500
Total Current Assets  (calculated)34,757,300
+/- 144,200
Long-term Assets
Property Plant Equipment 34,020,600
Other Assets 15,263,400
Long-term Assets  (as reported)54,885,900
Long-term Assets  (calculated)49,284,000
+/- 5,601,900

Liabilities & Shareholders' Equity

Total Current Liabilities30,797,500
Long-term Liabilities34,398,200
Total Stockholder Equity24,591,700
Total Current Liabilities
Short Long Term Debt 33,700
Accounts payable 19,338,100
Other Current Liabilities 6,655,400
Total Current Liabilities  (as reported)30,797,500
Total Current Liabilities  (calculated)26,027,200
+/- 4,770,300
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt2,404,900
Other Liabilities 32,225,100
Long-term Liabilities  (as reported)34,398,200
Long-term Liabilities  (calculated)34,630,000
+/- 231,800
Total Stockholder Equity
Common Stock964,200
Retained Earnings 23,518,600
Other Stockholders Equity 108,900
Total Stockholder Equity (as reported)24,591,700
Total Stockholder Equity (calculated)24,591,700
+/-0
Other
Capital Stock964,200
Common Stock Shares Outstanding 96,416
Net Invested Capital 24,892,000
Net Tangible Assets 24,591,700
Net Working Capital 4,104,000
Property Plant and Equipment Gross 34,020,600



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-31
> Total Assets 
63,142,700
58,195,000
60,863,300
68,059,700
73,625,900
80,880,800
70,582,000
78,997,300
82,099,300
89,787,400
89,787,40082,099,30078,997,30070,582,00080,880,80073,625,90068,059,70060,863,30058,195,00063,142,700
   > Total Current Assets 
23,017,200
19,636,700
24,854,800
32,828,000
39,373,900
47,369,500
38,171,700
41,850,800
27,621,800
34,901,500
34,901,50027,621,80041,850,80038,171,70047,369,50039,373,90032,828,00024,854,80019,636,70023,017,200
       Cash And Cash Equivalents 
7,493,600
4,458,200
4,995,500
21,443,600
28,412,800
35,239,000
23,006,100
17,548,000
7,185,300
9,265,500
9,265,5007,185,30017,548,00023,006,10035,239,00028,412,80021,443,6004,995,5004,458,2007,493,600
       Short-term Investments 
6,269,600
5,073,600
9,831,400
9,470,000
16,500
9,300
12,300
7,246,400
1,001,900
2,946,100
2,946,1001,001,9007,246,40012,3009,30016,5009,470,0009,831,4005,073,6006,269,600
       Net Receivables 
1,098,300
1,347,300
1,448,400
1,457,400
1,621,000
2,082,100
1,891,700
1,649,300
1,659,700
1,918,900
1,918,9001,659,7001,649,3001,891,7002,082,1001,621,0001,457,4001,448,4001,347,3001,098,300
       Inventory 
7,359,300
8,441,000
8,208,100
9,400,600
9,024,700
9,655,500
12,830,700
14,164,800
15,926,500
19,287,700
19,287,70015,926,50014,164,80012,830,7009,655,5009,024,7009,400,6008,208,1008,441,0007,359,300
       Other Current Assets 
772,800
279,800
355,600
388,600
238,700
306,800
342,300
390,700
1,090,700
1,339,100
1,339,1001,090,700390,700342,300306,800238,700388,600355,600279,800772,800
   > Long-term Assets 
0
0
0
35,269,800
34,252,000
33,511,300
32,410,300
37,146,500
54,711,700
54,885,900
54,885,90054,711,70037,146,50032,410,30033,511,30034,252,00035,269,800000
       Property Plant Equipment 
36,640,200
34,214,200
31,286,400
29,183,100
27,103,400
25,058,200
23,700,100
28,179,900
32,402,000
34,020,600
34,020,60032,402,00028,179,90023,700,10025,058,20027,103,40029,183,10031,286,40034,214,20036,640,200
       Long Term Investments 
2,241,200
3,044,600
3,417,800
4,743,100
5,852,800
7,333,600
7,436,000
0
0
0
0007,436,0007,333,6005,852,8004,743,1003,417,8003,044,6002,241,200
       Long-term Assets Other 
0
0
0
35,269,800
803,600
689,500
625,000
554,600
1,045,500
14,449,000
14,449,0001,045,500554,600625,000689,500803,60035,269,800000
> Total Liabilities 
39,455,200
29,822,900
32,684,900
37,922,700
39,420,000
44,143,400
51,259,400
58,803,900
61,254,500
65,195,700
65,195,70061,254,50058,803,90051,259,40044,143,40039,420,00037,922,70032,684,90029,822,90039,455,200
   > Total Current Liabilities 
13,471,800
13,554,500
14,816,000
13,667,500
14,927,100
18,549,500
21,905,500
24,925,500
27,647,400
30,797,500
30,797,50027,647,40024,925,50021,905,50018,549,50014,927,10013,667,50014,816,00013,554,50013,471,800
       Short-term Debt 
12,633,200
195,700
196,700
11,500
0
0
0
0
0
0
00000011,500196,700195,70012,633,200
       Short Long Term Debt 
12,633,200
195,700
196,700
11,500
9,400
0
900
31,200
65,900
33,700
33,70065,90031,20090009,40011,500196,700195,70012,633,200
       Accounts payable 
6,330,400
7,287,100
7,494,100
7,991,600
9,846,400
12,403,700
14,915,300
15,165,800
17,481,700
19,338,100
19,338,10017,481,70015,165,80014,915,30012,403,7009,846,4007,991,6007,494,1007,287,1006,330,400
       Other Current Liabilities 
3,953,300
3,523,600
4,631,200
2,760,100
3,016,800
3,753,700
3,793,400
6,011,100
6,213,400
6,655,400
6,655,4006,213,4006,011,1003,793,4003,753,7003,016,8002,760,1004,631,2003,523,6003,953,300
   > Long-term Liabilities 
0
0
0
21,595,700
24,492,900
25,593,900
29,784,300
33,878,400
35,222,100
34,398,200
34,398,20035,222,10033,878,40029,784,30025,593,90024,492,90021,595,700000
       Capital Lease Obligations 
0
0
0
0
0
0
0
1,126,500
2,317,600
2,404,900
2,404,9002,317,6001,126,5000000000
       Long-term Liabilities Other 
0
0
0
0
6,000
5,100
4,300
220,900
199,700
173,500
173,500199,700220,9004,3005,1006,0000000
> Total Stockholder Equity
23,687,500
28,372,100
28,178,400
30,137,000
34,205,900
36,737,400
19,322,600
20,193,400
20,844,800
24,591,700
24,591,70020,844,80020,193,40019,322,60036,737,40034,205,90030,137,00028,178,40028,372,10023,687,500
   Common Stock
964,200
964,200
964,200
964,200
964,200
964,200
964,200
964,200
964,200
964,200
964,200964,200964,200964,200964,200964,200964,200964,200964,200964,200
   Retained Earnings 
22,712,300
27,393,400
27,199,700
32,063,600
33,428,800
36,062,400
18,548,000
19,549,500
19,069,200
23,518,600
23,518,60019,069,20019,549,50018,548,00036,062,40033,428,80032,063,60027,199,70027,393,40022,712,300
   Capital Surplus 0000000000
   Treasury Stock0000000000
   Other Stockholders Equity 
11,000
14,500
14,500
-204,500
-187,100
-289,200
-323,500
-320,300
-569,600
108,900
108,900-569,600-320,300-323,500-289,200-187,100-204,50014,50014,50011,000



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, 2023-12-31)

Gross Profit (+$)
totalRevenue186,706,900
Cost of Revenue-85,986,900
Gross Profit100,720,000100,720,000
 
Operating Income (+$)
Gross Profit100,720,000
Operating Expense-147,065,200
Operating Income39,641,700-46,345,200
 
Operating Expense (+$)
Research Development-
Selling General Administrative-
Selling And Marketing Expenses-
Operating Expense147,065,2000
 
Net Interest Income (+$)
Interest Income-
Interest Expense-1,460,100
Other Finance Cost-1,010,000
Net Interest Income-450,100
 
Pretax Income (+$)
Operating Income39,641,700
Net Interest Income-450,100
Other Non-Operating Income Expenses-
Income Before Tax (EBT)40,108,70039,641,700
EBIT - interestExpense = -1,460,100
29,711,100
31,171,200
Interest Expense1,460,100
Earnings Before Interest and Taxes (EBIT)-41,568,800
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax40,108,700
Tax Provision-10,397,600
Net Income From Continuing Ops29,711,10029,711,100
Net Income29,711,100
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-450,100
 

Technical Analysis of Nestle
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 Nestle. The general trend of Nestle is BEARISH 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 Nestle'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 Nestle India 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: 1,778 < 1,921 < 2,129.

The bearish price targets are: 2,486 > 2,468 > 2,417.

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Nestle India 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 Nestle India Limited. The current mas is .

The long score for the Moving Averages is 5/14.
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 down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below 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 below 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

Nestle India 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 Nestle India Limited. The current macd is -251.35522108.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-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 Nestle price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Nestle. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Nestle price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -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
Nestle India Limited Daily Moving Average Convergence/Divergence (MACD) ChartNestle India 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 Nestle India Limited. The current adx is 61.53.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Nestle shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Nestle India 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 Nestle India Limited. The current sar is 2,468.

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
Nestle India 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 Nestle India Limited. The current rsi is 32.83. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Nestle India Limited Daily Relative Strength Index (RSI) ChartNestle India 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 Nestle India Limited. The current phase is Overbought in bear 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 Nestle price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Nestle India Limited Daily Stochastic Oscillator ChartNestle India 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 Nestle India Limited. The current cci is 111.99.

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
Nestle India Limited Daily Commodity Channel Index (CCI) ChartNestle India 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 Nestle India Limited. The current cmo is 9.67561516.

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
Nestle India Limited Daily Chande Momentum Oscillator (CMO) ChartNestle India 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 Nestle India Limited. The current willr is -16.0280626.

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
Nestle India Limited Daily Williams %R ChartNestle India 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 Nestle India Limited.

Nestle India 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 Nestle India Limited. The current atr is 86.35.

Nestle India Limited Daily Average True Range (ATR) ChartNestle India 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 Nestle India Limited. The current obv is 34,665.

Nestle India Limited Daily On-Balance Volume (OBV) ChartNestle India 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 Nestle India Limited. The current mfi is 69.02.

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
Nestle India Limited Daily Money Flow Index (MFI) ChartNestle India Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Nestle India 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
2023-11-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-21WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-24CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-05SAR 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-08MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-13WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
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
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).
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-26WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-28BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-01ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-03RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI 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
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line 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).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-09MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-23MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-24MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-25WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-30MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-08STOCH 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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-19SAR 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
2024-02-20BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-27MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-19SAR 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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to 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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside

6.3. Candlestick Patterns

Nestle India Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5032.826
Ma 20Greater thanMa 502,576.517
Ma 50Greater thanMa 1002,531.173
Ma 100Greater thanMa 20011,933.671
OpenGreater thanClose2,579.100
Total1/5 (20.0%)
Penke

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