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Last Updated on: 18 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Shyam Century Ferrous Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 15, 2024, 1:53 am

Market Cap 307 Cr.
Current Price 14.5
High / Low32.4/14.2
Stock P/E
Book Value 7.70
Dividend Yield0.00 %
ROCE0.98 %
ROE0.45 %
Face Value 1.00
PEG Ratio0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Shyam Century Ferrous Ltd

Competitors of Shyam Century Ferrous Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Facor Alloys Ltd 121 Cr. 6.1712.2/5.40 6.790.00 %11.8 %8.52 % 1.00
Chrome Silicon Ltd 69.0 Cr. 42.152.3/32.2 63.70.00 %16.2 %21.6 % 10.0
Shyam Century Ferrous Ltd 307 Cr. 14.532.4/14.2 7.700.00 %0.98 %0.45 % 1.00
Maithan Alloys Ltd 3,141 Cr. 1,0791,359/9553.80 1,2800.56 %11.7 %9.06 % 10.0
Industry Average1,189.67 Cr285.443.80339.550.14%10.17%9.91%5.50

All Competitor Stocks of Shyam Century Ferrous Ltd

Quarterly Result

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Sales39.7338.5051.6155.9561.3131.9943.1139.5766.3238.9526.5731.8040.77
Expenses34.8527.9836.0736.4832.8723.7335.7232.6755.7037.2329.3331.2743.82
Operating Profit4.8810.5215.5419.4728.448.267.396.9010.621.72-2.760.53-3.05
OPM %12.28%27.32%30.11%34.80%46.39%25.82%17.14%17.44%16.01%4.42%-10.39%1.67%-7.48%
Other Income-10.050.861.521.391.371.912.321.861.112.062.542.051.96
Interest0.140.140.040.030.420.070.060.050.170.030.050.100.11
Depreciation0.480.390.400.600.700.620.930.920.880.750.820.861.01
Profit before tax-5.7910.8516.6220.2328.699.488.727.7910.683.00-1.091.62-2.21
Tax %52.85%25.25%25.27%25.21%26.04%25.42%25.69%25.55%31.74%30.00%21.10%25.93%22.62%
Net Profit-2.728.1112.4215.1321.217.066.495.807.292.10-0.871.20-1.71
EPS in Rs-0.120.370.560.680.950.320.290.270.340.10-0.040.06-0.08

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Sales01161149112413387128207181138
Expenses0991068010511687114133148142
Operating Profit01771119181137433-4
OPM %15%7%12%15%13%1%10%36%18%-3%
Other Income0-000112-9579
Interest03312101100
Depreciation05322322233
Profit before tax09281615-0176371
Tax %40%33%33%35%29%-67%-104%26%27%45%
Net Profit05151010-0357271
EPS in Rs0.00106.400.050.240.470.47-0.000.132.561.260.03
Dividend Payout %0%0%0%0%0%0%0%0%24%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2015-20162016-20172017-20182018-20192019-20202021-20222022-20232023-2024
YoY Net Profit Growth (%)-80.00%400.00%100.00%0.00%-100.00%1800.00%-52.63%-96.30%
Change in YoY Net Profit Growth (%)0.00%480.00%-300.00%-100.00%-100.00%1900.00%-1852.63%-43.66%

Shyam Century Ferrous Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2015-2016 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:%
5 Years:1%
3 Years:3%
TTM:-24%
Compounded Profit Growth
10 Years:%
5 Years:-41%
3 Years:-62%
TTM:-138%
Stock Price CAGR
10 Years:%
5 Years:38%
3 Years:5%
1 Year:-27%
Return on Equity
10 Years:11%
5 Years:14%
3 Years:18%
Last Year:0%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:39 pm

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital0.050.0522222222222222212121
Reserves088677283939396153139140142
Borrowings0312030173251334
Other Liabilities01315202112141217181510
Total Liabilities0133125145143131131135193182179178
Fixed Assets02522202220181618222225
CWIP000000003000
Investments0343434343434000023
Other Assets0746991877780119172160157129
Total Assets0133125145143131131135193182179178

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +0316-121825-8173154-12
Cash from Investing Activity +-00-0-0-4-129-55-1513
Cash from Financing Activity +01-149-14-15-22-5-40-1
Net Cash Flow-032-3-18-828-29-01

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow0.00-14.00-13.00-19.002.0015.00-1.008.0073.0030.00-7.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days3945108987616163853245
Inventory Days475229463297168189143178215268
Days Payable655296641882716678
Cash Conversion Cycle449222475331227342204192180235
Working Capital Days14410919114212022712312173111
ROCE %21%4%8%14%13%0%11%52%22%1%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters54.49%54.49%51.88%51.88%51.88%51.70%51.70%51.70%51.70%51.70%51.53%51.38%
FIIs0.00%0.10%0.15%0.23%0.21%0.26%0.22%0.22%0.19%0.18%0.05%0.04%
Public45.51%45.42%47.96%47.89%47.90%48.04%48.08%48.08%48.11%48.12%48.41%48.58%
No. of Shareholders21,94325,04858,47868,55373,20873,35773,34370,70870,67568,41270,76869,237

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 20Mar 19Mar 18Mar 17Mar 16
FaceValue1.001.001.001.001.00
Basic EPS (Rs.)0.080.750.720.520.29
Diluted EPS (Rs.)0.080.750.720.520.29
Cash EPS (Rs.)0.100.590.580.340.18
Book Value[Excl.RevalReserv]/Share (Rs.)6.826.745.995.274.90
Book Value[Incl.RevalReserv]/Share (Rs.)6.826.745.995.274.90
Revenue From Operations / Share (Rs.)3.936.005.574.105.11
PBDIT / Share (Rs.)0.110.840.880.510.33
PBIT / Share (Rs.)0.010.720.760.410.20
PBT / Share (Rs.)-0.010.660.710.360.07
Net Profit / Share (Rs.)0.000.470.470.240.04
NP After MI And SOA / Share (Rs.)0.070.750.710.520.28
PBDIT Margin (%)2.9414.1415.8312.536.60
PBIT Margin (%)0.3212.0613.8110.174.01
PBT Margin (%)-0.1311.0912.928.941.39
Net Profit Margin (%)-0.037.868.445.950.94
NP After MI And SOA Margin (%)1.9712.5012.9112.715.59
Return on Networth / Equity (%)1.1311.1311.999.875.84
Return on Capital Employeed (%)0.1810.5112.477.844.12
Return On Assets (%)1.0210.069.326.904.41
Long Term Debt / Equity (X)0.010.010.010.000.01
Total Debt / Equity (X)0.010.010.120.250.17
Asset Turnover Ratio (%)0.580.880.790.630.83
Current Ratio (X)5.275.182.051.411.62
Quick Ratio (X)4.003.791.240.780.91
Inventory Turnover Ratio (X)1.701.901.150.880.99
Interest Coverage Ratio (X)6.4114.5617.7610.232.52
Interest Coverage Ratio (Post Tax) (X)0.919.0910.485.861.36
Enterprise Value (Cr.)39.39132.62210.90201.49127.13
EV / Net Operating Revenue (X)0.450.991.702.211.12
EV / EBITDA (X)15.327.0410.7717.6516.94
MarketCap / Net Operating Revenue (X)0.451.051.591.910.99
Price / BV (X)0.250.931.471.491.04
Price / Net Operating Revenue (X)0.451.051.591.910.99
EarningsYield0.040.110.080.060.05

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Shyam Century Ferrous Ltd as of November 18, 2024 is: 0.53

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of November 18, 2024, Shyam Century Ferrous Ltd is Overvalued by 96.34% compared to the current share price 14.50

Default values used*: Default value of 15 for Stock P/E is used

Intrinsic Value of Shyam Century Ferrous Ltd as of November 18, 2024 is: 0.53

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 18, 2024, Shyam Century Ferrous Ltd is Overvalued by 96.34% compared to the current share price 14.50

Default values used*: Default value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: 0.59%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock is trading at a low valuation with an average P/B ratio of 0.42 and average Dividend Yield of 8.07%.
  2. The company has higher reserves (97.17 cr) compared to borrowings (9.92 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (119.91 cr) and profit (15.00 cr) over the years.
  1. The stock has a low average ROCE of 13.27%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 123.73, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 259.73, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Shyam Century Ferrous Ltd:
    1. Net Profit Margin: -0.03%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 0.18% (Industry Average ROCE: 10.17%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 1.13% (Industry Average ROE: 9.91%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 0.91
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 4
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 0 (Industry average Stock P/E: 3.8)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.01
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Shyam Century Ferrous Ltd. is a Public Limited Listed company incorporated on 12/04/2011 and has its registered office in the State of Meghalaya, India. Company’s Corporate Identification Number(CIN) is L27310ML2011PLC008578 and registration number is 008578. Currently Company is involved in the business activities of Manufacture of ferro-alloys. Company’s Total Operating Revenue is Rs. 207.36 Cr. and Equity Capital is Rs. 22.22 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Ferro AlloysVillage: Lumshnong, PO: Khaliehriat, Jaintia Hills Dist. Meghalaya 793210investors@shyamcenturyferrous.com
http://www.shyamcenturyferrous.com
Management
NamePosition Held
Mr. Aditya Vimalkumar AgarwalManaging Director
Mr. Venkata Krishna Nageswara Rao MajjiNon Executive Director
Mr. Rajesh Kumar AgarwalDirector
Mr. Pramod Kumar ShahIndependent Director
Mrs. Plistina DkharIndependent Director
Mr. Nirmalya BhattacharyyaIndependent Director

FAQ

What is the latest intrinsic value of Shyam Century Ferrous Ltd?

The latest intrinsic value of Shyam Century Ferrous Ltd as on 18 November 2024 is ₹0.53, which is 96.34% lower than the current market price of ₹14.50.

What is the Market Cap of Shyam Century Ferrous Ltd?

The Market Cap of Shyam Century Ferrous Ltd is 307 Cr..

What is the current Stock Price of Shyam Century Ferrous Ltd as on 18 November 2024?

The current stock price of Shyam Century Ferrous Ltd as on 18 November 2024 is ₹14.5.

What is the High / Low of Shyam Century Ferrous Ltd stocks in FY 2024?

In FY 2024, the High / Low of Shyam Century Ferrous Ltd stocks is 32.4/14.2.

What is the Stock P/E of Shyam Century Ferrous Ltd?

The Stock P/E of Shyam Century Ferrous Ltd is .

What is the Book Value of Shyam Century Ferrous Ltd?

The Book Value of Shyam Century Ferrous Ltd is 7.70.

What is the Dividend Yield of Shyam Century Ferrous Ltd?

The Dividend Yield of Shyam Century Ferrous Ltd is 0.00 %.

What is the ROCE of Shyam Century Ferrous Ltd?

The ROCE of Shyam Century Ferrous Ltd is 0.98 %.

What is the ROE of Shyam Century Ferrous Ltd?

The ROE of Shyam Century Ferrous Ltd is 0.45 %.

What is the Face Value of Shyam Century Ferrous Ltd?

The Face Value of Shyam Century Ferrous Ltd is 1.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Shyam Century Ferrous Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE