Share Price and Basic Stock Data

Last Updated: November 15, 2024, 3:29 pm

Market Cap	141 Cr.
Current Price	98.5
High / Low	128/58.0
Stock P/E	33.4
Book Value	49.9
Dividend Yield	0.00 %
ROCE	8.89 %
ROE	5.87 %
Face Value	10.0
PEG Ratio	0.57

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Cubex Tubings Ltd

Competitors of Cubex Tubings Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Baroda Extrusion Ltd	131 Cr.	8.76	15.0/2.51		2.63	0.00 %	6.20 %	%	1.00
ABC Gas (International) Ltd	22.0 Cr.	111	111/49.6		21.0	0.00 %	13.5 %	15.6 %	10.0
Sagardeep Alloys Ltd	43.8 Cr.	25.7	40.4/22.2	45.2	16.9	0.00 %	5.54 %	2.78 %	10.0
Rajnandini Metal Ltd	265 Cr.	9.59	21.4/8.80	157	1.96	0.00 %	21.3 %	31.1 %	1.00
Precision Wires India Ltd	3,072 Cr.	172	221/104	37.7	30.2	0.61 %	25.4 %	15.2 %	1.00
Industry Average	4,887.83 Cr	91.42		54.87	25.05	0.11%	12.28%	11.68%	5.00

All Competitor Stocks of Cubex Tubings Ltd

Quarterly Result

Month	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Sales	20.04	20.27	24.77	35.23	33.39	42.29	34.00	46.38	53.02	59.55	50.45	64.72	57.10
Expenses	19.42	18.31	23.89	34.25	32.45	40.54	32.93	45.11	51.47	57.00	48.82	62.13	54.83
Operating Profit	0.62	1.96	0.88	0.98	0.94	1.75	1.07	1.27	1.55	2.55	1.63	2.59	2.27
OPM %	3.09%	9.67%	3.55%	2.78%	2.82%	4.14%	3.15%	2.74%	2.92%	4.28%	3.23%	4.00%	3.98%
Other Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest	0.12	0.22	0.14	0.22	0.16	0.18	0.11	0.20	0.27	0.33	0.31	0.38	0.45
Depreciation	0.33	0.39	0.34	0.35	0.34	0.35	0.34	0.34	0.34	0.37	0.35	0.33	0.34
Profit before tax	0.17	1.35	0.40	0.41	0.44	1.22	0.62	0.73	0.94	1.85	0.97	1.88	1.48
Tax %	11.76%	34.07%	7.50%	-17.07%	11.36%	3.28%	30.65%	50.68%	37.23%	30.27%	32.99%	30.32%	31.08%
Net Profit	0.16	0.89	0.38	0.48	0.38	1.17	0.42	0.36	0.58	1.29	0.65	1.31	1.01
EPS in Rs	0.11	0.62	0.27	0.34	0.27	0.82	0.29	0.25	0.41	0.90	0.45	0.91	0.71

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	57	38	45	58	52	46	51	75	60	70	134	191	232
Expenses	55	37	45	57	52	45	51	74	58	67	131	187	223
Operating Profit	2	1	-1	1	0	0	-0	1	1	3	3	5	9
OPM %	3%	2%	-1%	1%	1%	0%	-0%	1%	2%	4%	2%	2%	4%
Other Income	0	1	3	1	2	2	2	2	1	1	2	2	0
Interest	0	0	0	0	0	0	0	1	0	1	1	1	1
Depreciation	1	2	2	2	2	1	1	1	1	1	1	1	1
Profit before tax	1	0	0	0	0	0	0	1	1	2	2	4	6
Tax %	48%	91%	55%	55%	36%	24%	20%	6%	43%	31%	2%	36%
Net Profit	0	0	0	0	0	0	0	1	0	1	2	3	4
EPS in Rs	0.29	0.02	0.10	0.13	0.21	0.24	0.27	0.46	0.30	0.93	1.69	1.85	2.97
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2019-2020	2021-2022	2022-2023
YoY Net Profit Growth (%)	-100.00%	100.00%	50.00%
Change in YoY Net Profit Growth (%)	0.00%	200.00%	-50.00%

Cubex Tubings Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 3 years from 2019-2020 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:	17%
5 Years:	24%
3 Years:	47%
TTM:	-4%

Compounded Profit Growth
10 Years:	37%
5 Years:	43%
3 Years:	44%
TTM:	10%

Stock Price CAGR
10 Years:	24%
5 Years:	53%
3 Years:	64%
1 Year:	40%

Return on Equity
10 Years:	2%
5 Years:	3%
3 Years:	5%
Last Year:	6%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:29 am

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	12	14	14	14	14	14	14	14	14	14	14	14	14
Reserves	42	42	42	42	43	43	44	44	45	48	50	55	57
Borrowings	5	6	5	4	5	7	6	5	1	10	13	15	28
Other Liabilities	4	4	6	6	7	10	15	15	25	24	20	21	26
Total Liabilities	64	66	67	67	68	75	79	79	86	96	97	105	126
Fixed Assets	24	22	20	19	18	17	15	17	15	16	15	14	14
CWIP	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	39	44	47	48	51	58	64	62	71	80	82	90	112
Total Assets	64	66	67	67	68	75	79	79	86	96	97	105	126

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	6	-2	3	2	2	4	-0	3	-0	-18	0	3
Cash from Investing Activity +	-4	0	-0	-0	-0	-1	1	-3	-0	-0	0	1
Cash from Financing Activity +	-1	2	-2	-3	-1	-4	-1	-0	-1	0	-1	-2
Net Cash Flow	1	-0	1	-1	1	-1	-0	1	-1	-18	-0	3

Free Cash Flow

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Free Cash Flow	2.00	-4.00	-7.00	-4.00	-4.00	-5.00	-7.00	-5.00	-4.00	2.00	-7.00	-8.00

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

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	156	173	131	172	203	178	185	174	183	116	69	75
Inventory Days	95	74	55	34	53	103	68	139	117	52	47	29
Days Payable	25	20	25	33	45	66	74	94	134	53	26	24
Cash Conversion Cycle	226	227	160	173	211	215	179	219	166	115	90	79
Working Capital Days	282	226	169	192	236	223	188	228	174	111	92	88
ROCE %	1%	1%	1%	1%	1%	1%	2%	2%	4%	5%	7%	9%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	44.42%	44.42%	44.42%	44.42%	44.42%	44.42%	44.42%	44.42%	44.42%	44.42%	44.42%	44.42%
DIIs	0.32%	0.32%	0.32%	0.32%	0.32%	0.32%	0.36%	0.32%	0.32%	0.32%	0.32%	0.32%
Government	0.04%	0.04%	0.04%	0.04%	0.04%	0.18%	0.00%	0.04%	0.04%	0.04%	0.04%	0.04%
Public	55.22%	55.22%	55.22%	55.22%	55.23%	55.08%	55.22%	55.22%	55.22%	55.22%	55.22%	55.22%
No. of Shareholders	8,177	8,571	8,930	9,110	9,306	9,517	9,461	9,443	9,426	9,902	9,432	10,628

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	2.78	1.85	1.69	0.93	0.30
Diluted EPS (Rs.)	2.78	1.85	1.69	0.93	0.30
Cash EPS (Rs.)	3.74	2.84	2.66	1.89	1.22
Book Value[Excl.RevalReserv]/Share (Rs.)	48.52	45.37	43.51	41.82	40.88
Book Value[Incl.RevalReserv]/Share (Rs.)	48.52	45.37	43.51	41.82	40.88
Revenue From Operations / Share (Rs.)	154.83	133.97	93.72	49.30	41.99
PBDIT / Share (Rs.)	5.86	4.52	3.19	2.75	1.73
PBIT / Share (Rs.)	4.91	3.53	2.22	1.79	0.81
PBT / Share (Rs.)	3.71	2.89	1.73	1.36	0.53
Net Profit / Share (Rs.)	2.80	1.86	1.70	0.93	0.30
PBDIT Margin (%)	3.78	3.37	3.40	5.58	4.13
PBIT Margin (%)	3.17	2.63	2.37	3.63	1.94
PBT Margin (%)	2.39	2.15	1.84	2.76	1.27
Net Profit Margin (%)	1.80	1.38	1.80	1.89	0.71
Return on Networth / Equity (%)	5.76	4.09	3.89	2.23	0.73
Return on Capital Employeed (%)	9.85	7.60	5.01	4.18	1.95
Return On Assets (%)	3.80	2.72	2.59	1.54	0.54
Total Debt / Equity (X)	0.21	0.19	0.15	0.02	0.08
Asset Turnover Ratio (%)	2.18	2.01	1.49	0.85	0.75
Current Ratio (X)	2.25	2.17	2.07	2.34	2.79
Quick Ratio (X)	1.80	1.46	1.50	1.58	1.81
Inventory Turnover Ratio (X)	10.16	8.98	6.58	3.16	3.64
Interest Coverage Ratio (X)	4.88	7.06	6.49	6.39	6.09
Interest Coverage Ratio (Post Tax) (X)	3.33	3.90	4.45	3.16	2.06
Enterprise Value (Cr.)	147.56	50.86	41.96	24.98	16.25
EV / Net Operating Revenue (X)	0.66	0.26	0.31	0.35	0.27
EV / EBITDA (X)	17.59	7.89	9.23	6.36	6.57
MarketCap / Net Operating Revenue (X)	0.61	0.20	0.24	0.35	0.21
Price / BV (X)	1.96	0.59	0.53	0.41	0.22
Price / Net Operating Revenue (X)	0.61	0.20	0.24	0.35	0.21
EarningsYield	0.02	0.06	0.07	0.05	0.03

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Cubex Tubings Ltd as of November 17, 2024 is: 99.79

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 17, 2024, Cubex Tubings Ltd is Undervalued by 1.31% compared to the current share price 98.50

Intrinsic Value of Cubex Tubings Ltd as of November 17, 2024 is: 157.84

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 17, 2024, Cubex Tubings Ltd is Undervalued by 60.24% compared to the current share price 98.50

Last 5 Year EPS CAGR: 58.17%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (45.92 cr) compared to borrowings (8.46 cr), indicating strong financial stability. The company has shown consistent growth in sales (85.31 cr) and profit (1.31 cr) over the years.	The stock has a low average ROCE of 2.92%, which may not be favorable. The stock has a high average Working Capital Days of 184.08, which may not be favorable. The stock has a high average Cash Conversion Cycle of 171.67, 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 Cubex Tubings Ltd:
1. Net Profit Margin: 1.8%
  - 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: 9.85% (Industry Average ROCE: 12.28%)
  - 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%: 5.76% (Industry Average ROE: 11.68%)
  - 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): 3.33
  - 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: 1.8
  - 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: 33.4 (Industry average Stock P/E: 54.87)
  - 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: 0.21
  - 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

Cubex Tubings Ltd. is a Public Limited Listed company incorporated on 10/08/1979 and has its registered office in the State of Andhra Pradesh, India. Company’s Corporate Identification Number(CIN) is L27109TG1979PLC002504 and registration number is 002504. Currently Company is involved in the business activities of Manufacture of copper from ore, and other copper products and alloys. Company’s Total Operating Revenue is Rs. 133.65 Cr. and Equity Capital is Rs. 14.26 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Metals - Non Ferrous - Copper/Copper Alloys - Prod	1-7-27 to 34, Shyam Towers, Secunderabad Telangana 500003	cubex@rediffmail.com http://www.cubextubings.com

Management
Name	Position Held
Mr. P R Bhandari	Managing Director
Mr. Virendra Bhandari	Executive Director
Mrs. Veena Bhandari	Director
Mr. Sandeep Kumar	Independent Director
Mr. Vipul Kumar Jain	Independent Director
Mr. Surender Arkathala	Independent Director

FAQ

What is the latest intrinsic value of Cubex Tubings Ltd?

The latest intrinsic value of Cubex Tubings Ltd as on 17 November 2024 is ₹99.79, which is 1.31% higher than the current market price of ₹98.50.

What is the Market Cap of Cubex Tubings Ltd?

The Market Cap of Cubex Tubings Ltd is 141 Cr..

What is the current Stock Price of Cubex Tubings Ltd as on 17 November 2024?

The current stock price of Cubex Tubings Ltd as on 17 November 2024 is ₹98.5.

What is the High / Low of Cubex Tubings Ltd stocks in FY 2024?

In FY 2024, the High / Low of Cubex Tubings Ltd stocks is 128/58.0.

What is the Stock P/E of Cubex Tubings Ltd?

The Stock P/E of Cubex Tubings Ltd is 33.4.

What is the Book Value of Cubex Tubings Ltd?

The Book Value of Cubex Tubings Ltd is 49.9.

What is the Dividend Yield of Cubex Tubings Ltd?

The Dividend Yield of Cubex Tubings Ltd is 0.00 %.

What is the ROCE of Cubex Tubings Ltd?

The ROCE of Cubex Tubings Ltd is 8.89 %.

What is the ROE of Cubex Tubings Ltd?

The ROE of Cubex Tubings Ltd is 5.87 %.

What is the Face Value of Cubex Tubings Ltd?

The Face Value of Cubex Tubings Ltd is 10.0.

Share Price and Basic Stock Data

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

Competitors of Cubex Tubings Ltd

Quarterly Result

Quarterly Chart

Profit & Loss - Annual Report

Profit & Loss Yearly Chart

YoY Net Profit Growth

Growth

Balance Sheet

Reserves and Borrowings Chart

Cash Flow

Free Cash Flow

Free Cash Flow Chart

Financial Efficiency Indicators

Financial Efficiency Indicators Chart

Share Holding Pattern

Shareholding Pattern Chart

No. of Shareholders

ROCE Trend

EPS Trend

Key Financial Ratios

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Strength and Weakness

Stock Analysis

About the Company - Qualitative Analysis

FAQ

What is the latest intrinsic value of Cubex Tubings Ltd?

What is the Market Cap of Cubex Tubings Ltd?

What is the current Stock Price of Cubex Tubings Ltd as on 17 November 2024?

What is the High / Low of Cubex Tubings Ltd stocks in FY 2024?

What is the Stock P/E of Cubex Tubings Ltd?

What is the Book Value of Cubex Tubings Ltd?

What is the Dividend Yield of Cubex Tubings Ltd?

What is the ROCE of Cubex Tubings Ltd?

What is the ROE of Cubex Tubings Ltd?

What is the Face Value of Cubex Tubings Ltd?

About the Author

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