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Last Updated on: 30 May, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Cubex Tubings Ltd

About the Company - Cubex Tubings Ltd

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.
INDUSTRYADDRESSCONTACT
Metals - Non Ferrous - Copper/Copper Alloys - Prod1-7-27 to 34, Shyam Towers, Secunderabad Telangana 500003cubex@rediffmail.com
http://www.cubextubings.com
Management
NamePosition Held
Mr. P R BhandariManaging Director
Mr. Virendra BhandariExecutive Director
Mrs. Veena BhandariDirector
Mr. Sandeep KumarIndependent Director
Mr. Vipul Kumar JainIndependent Director
Mr. Surender ArkathalaAddnl.Non Exe.Independent Director

Basic Stock Data of Cubex Tubings Ltd

Last Updated: May 28, 2024, 9:13 pm

Market Cap 145 Cr.
Current Price 101
High / Low128/34.1
Stock P/E34.0
Book Value 46.9
Dividend Yield0.00 %
ROCE6.73 %
ROE4.18 %
Face Value 10.0
PEG Ratio0.58

Cubex Tubings Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales20.0420.2724.7735.2333.3942.2934.0046.3853.0259.5550.4564.7257.10
Expenses19.4218.3123.8934.2532.4540.5432.9345.1151.4757.0048.8262.1354.83
Operating Profit0.621.960.880.980.941.751.071.271.552.551.632.592.27
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 Income0.000.000.000.000.000.000.000.000.000.000.000.000.00
Interest0.120.220.140.220.160.180.110.200.270.330.310.380.45
Depreciation0.330.390.340.350.340.350.340.340.340.370.350.330.34
Profit before tax0.171.350.400.410.441.220.620.730.941.850.971.881.48
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 Profit0.160.890.380.480.381.170.420.360.581.290.651.311.01
EPS in Rs0.110.620.270.340.270.820.290.250.410.900.450.910.71

Last Updated: May 11, 2024, 12:05 pm

Cubex Tubings Ltd Quarterly Chart

Cubex Tubings Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales57384558524651756070134191232
Expenses55374557524551745867131187223
Operating Profit21-1100-0113359
OPM %3%2%-1%1%1%0%-0%1%2%4%2%2%4%
Other Income0131222211220
Interest0000000101111
Depreciation1222211111111
Profit before tax1000000112246
Tax %48%91%55%55%36%24%20%6%43%31%2%36%
Net Profit0000000101234
EPS in Rs0.290.020.100.130.210.240.270.460.300.931.691.852.97
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Cubex Tubings Ltd Profit & Loss Yearly Chart

Cubex Tubings Ltd Growth

Compounded Sales Growth
10 Years:17%
5 Years:24%
3 Years:47%
TTM:16%
Compounded Profit Growth
10 Years:37%
5 Years:43%
3 Years:44%
TTM:51%
Stock Price CAGR
10 Years:31%
5 Years:50%
3 Years:54%
1 Year:164%
Return on Equity
10 Years:2%
5 Years:4%
3 Years:5%
Last Year:6%

Last Updated: May 23, 2024, 3:22 pm

Cubex Tubings Ltd Balance Sheet

Last Updated: May 6, 2024, 9:05 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital12121414141414141414141414
Reserves42424242424343444445485053
Borrowings6565457651101313
Other Liabilities44466710151525242022
Total Liabilities636466676768757979869697102
Fixed Assets22242220191817151715161515
CWIP0000000000000
Investments0000000000000
Other Assets41394447485158646271808287
Total Assets636466676768757979869697102

Cubex Tubings Ltd Reserves and Borrowings Chart

Cubex Tubings Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -36-23224-03-0-180
Cash from Investing Activity -8-40-0-0-0-11-3-0-00
Cash from Financing Activity 9-12-2-3-1-4-1-0-10-1
Net Cash Flow-21-01-11-1-01-1-18-0

Cubex Tubings Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days14115617313117220317818517418311669
Inventory Days359574553453103681391175247
Days Payable825202533456674941345326
Cash Conversion Cycle16822622716017321121517921916611590
Working Capital Days21428222616919223622318822817411192
ROCE %1%1%1%1%1%1%1%2%2%4%5%7%

Cubex Tubings Ltd Financial Efficiency Indicators Chart

Cubex Tubings Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters44.42%44.42%44.42%44.42%44.42%44.42%44.42%44.42%44.42%44.42%44.42%44.42%
DIIs0.32%0.32%0.32%0.32%0.32%0.32%0.32%0.32%0.36%0.32%0.32%0.32%
Government0.04%0.04%0.04%0.04%0.04%0.04%0.04%0.18%0.00%0.04%0.04%0.04%
Public55.22%55.22%55.22%55.22%55.22%55.22%55.23%55.08%55.22%55.22%55.22%55.22%
No. of Shareholders7,6127,5658,1778,5718,9309,1109,3069,5179,4619,4439,4269,902

Cubex Tubings Ltd Shareholding Pattern Chart

No. of Cubex Tubings Ltd Shareholders

This stock is not held by any mutual fund

Cubex Tubings Ltd ROCE Trend

Cubex Tubings Ltd EPS Trend

Cubex Tubings Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)1.851.690.930.300.46
Diluted EPS (Rs.)1.851.690.930.300.46
Cash EPS (Rs.)2.842.661.891.221.41
Book Value[Excl.RevalReserv]/Share (Rs.)45.3743.5141.8240.8840.58
Book Value[Incl.RevalReserv]/Share (Rs.)45.3743.5141.8240.8840.58
Revenue From Operations / Share (Rs.)133.9793.7249.3041.9952.49
PBDIT / Share (Rs.)4.523.192.751.731.79
PBIT / Share (Rs.)3.532.221.790.810.84
PBT / Share (Rs.)2.891.731.360.530.49
Net Profit / Share (Rs.)1.861.700.930.300.46
PBDIT Margin (%)3.373.405.584.133.40
PBIT Margin (%)2.632.373.631.941.60
PBT Margin (%)2.151.842.761.270.93
Net Profit Margin (%)1.381.801.890.710.88
Return on Networth / Equity (%)4.093.892.230.731.13
Return on Capital Employeed (%)7.605.014.181.952.04
Return On Assets (%)2.722.591.540.540.83
Total Debt / Equity (X)0.190.150.020.080.08
Asset Turnover Ratio (%)2.011.490.850.750.97
Current Ratio (X)2.172.072.342.792.77
Quick Ratio (X)1.461.501.581.812.17
Inventory Turnover Ratio (X)8.986.583.163.645.27
Interest Coverage Ratio (X)7.066.496.396.095.07
Interest Coverage Ratio (Post Tax) (X)3.904.453.162.062.31
Enterprise Value (Cr.)50.8641.9624.9816.2524.88
EV / Net Operating Revenue (X)0.260.310.350.270.33
EV / EBITDA (X)7.899.236.366.579.75
MarketCap / Net Operating Revenue (X)0.200.240.350.210.29
Price / BV (X)0.590.530.410.220.38
Price / Net Operating Revenue (X)0.200.240.350.210.29
EarningsYield0.060.070.050.030.02

Cubex Tubings Ltd Profitability Ratios (%)

Cubex Tubings Ltd Liquidity Ratios

Cubex Tubings Ltd Liquidity Ratios (%)

Cubex Tubings Ltd Interest Coverage Ratios (%)

Cubex Tubings Ltd Valuation Ratios

Fair Value

Fair Value: ₹67.99

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.

Overvalued: 32.69% compared to the current price ₹101

Intrinsic Value: ₹107.54

Calculation basis:

  • Fair 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 fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 6.47% compared to the current price ₹101

Last 5 Year EPS CAGR: 58.17%

*Investments are subject to market risks

Strength and Weakness of Cubex Tubings Ltd Stock

StrengthWeakness
  1. The company has higher reserves (44.62 cr) compared to borrowings (6.62 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (85.31 cr) and profit (1.31 cr) over the years.
  1. The stock has a low average ROCE of 2.25%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 194.58, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 179.08, which may not be favorable.

FAQ

What is the latest fair value of Cubex Tubings Ltd?

The latest fair value of Cubex Tubings Ltd is ₹67.99.

What is the Market Cap of Cubex Tubings Ltd?

The Market Cap of Cubex Tubings Ltd is 145 Cr..

What is the current Stock Price of Cubex Tubings Ltd as on 30 May 2024?

The current stock price of Cubex Tubings Ltd as on 30 May 2024 is ₹101.

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 128/34.1.

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

The Stock P/E of Cubex Tubings Ltd is 34.0.

What is the Book Value of Cubex Tubings Ltd?

The Book Value of Cubex Tubings Ltd is 46.9.

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 6.73 %.

What is the ROE of Cubex Tubings Ltd?

The ROE of Cubex Tubings Ltd is 4.18 %.

What is the Face Value of Cubex Tubings Ltd?

The Face Value of Cubex Tubings Ltd is 10.0.

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 Cubex Tubings 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