Nippon Life Asset Management Limited is a publicly owned investment manager. The firm launches and manages equity and fixed income mutual funds for its clients. It also manages exchange traded funds for its clients. The firm invests in the public equity, fixed income and commodity markets. Nippon Life Asset Management Limited was previously known as Reliance Nippon Life Asset Management Limited. Nippon Life Asset Management Limited was founded on February 24, 1995 and is based in Mumbai, India.
Revenue projections:
Revenue projections for NAM-INDIA With NAM-INDIA's revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.
Financial Ratios:
currentRatio
3.333000
forwardPE
29.321646
debtToEquity
1.938000
earningsGrowth
-0.050000
revenueGrowth
0.004000
grossMargins
0.823710
operatingMargins
0.658270
trailingEps
20.700000
forwardEps
0.000000
The current ratio for Nippon Life India Asset Management Limited is 3.333, indicating that the company can service its short-term debt using available cash and assets. This suggests Nippon Life India Asset Management Limited has strong liquidity, with more than enough resources to meet its immediate financial commitments. NAM-INDIA's Forward PE being in a good range indicates that the stock is valued appropriately based on its earnings. This suggests the stock is not overpriced and leaves room for growth, providing investors with an opportunity for potential appreciation in value. NAM-INDIA's low growth in earnings and revenue indicates that profits could shrink. This signals potential financial difficulties for the company, suggesting that its profitability might be under pressure. Nippon Life India Asset Management Limited's positive gross and operating margins indicate strong financial performance. These margins show that the company is profitable and efficient in its operations, with effective cost control contributing to its overall financial success.
Price projections:
Price projections for NAM-INDIA Price projections for NAM-INDIA have consistently been revised upward, suggesting that analysts are increasingly optimistic about the company's performance. This trend reflects a positive outlook for NAM-INDIA's future.
Recommendation changes over time:
Recommendations trend for NAM-INDIA
Analysts have been favoring NAM-INDIA with a buy bias recently, signaling a promising investment opportunity. This optimistic outlook may attract more investors, positioning NAM-INDIA as a desirable option for those seeking to invest their money in a stable, profitable company with strong growth potential.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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