Ashoka Metcast (ASHOKAMET)
Score breakdown: P/E: 3/3 · ROCE: 0/2 · Growth: 2/2 · Dividend: 0/1
Key Financials
| Current Price | ₹13.78 |
| Market Cap | ₹34.44 Cr |
| P/E Ratio | 2.28 |
| ROCE | 3.83% |
| ROE | 8.56% |
| Dividend Yield | 0% |
| Profit Growth | -79.43% |
| Debt/Equity | 0.43 |
| Sales Growth | -1.97% |
| Promoter Holding | 53.65% |
| 52-Week Range | ₹12.13 — ₹19.47 |
| Sector | Metals & Minerals Trading |
| Book Value | ₹68.33 |
AI Analysis
AI-generated, general educational analysis — not personal investment advice.
At ₹15.35, this stock trades almost exactly at my Graham-style asset test: book value is ₹14.99, so I'm paying only a rupee above stated net worth. But a low P/B is not a reason to buy unless the assets can earn a fair return. Here the numbers are troubling. ROE is just 1.44% and ROCE is 3.83% — that is far below what I expect from a business with an economic moat. The company is a metal trader, and metal trading is usually a commodity, price-taking, low-margin activity. In that world, a shareholder is dependent on management's skill and honesty, not on any structural advantage.
The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer