Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 18 February, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

Cubex Tubings Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: February 17, 2025, 12:38 pm

Market Cap 146 Cr.
Current Price 102
High / Low 143/78.1
Stock P/E27.3
Book Value 49.9
Dividend Yield0.00 %
ROCE8.89 %
ROE5.87 %
Face Value 10.0
PEG Ratio0.47

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

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
MSR India Ltd 37.7 Cr. 6.00 13.3/5.90 2.220.00 %3.84 %9.83 % 5.00
ND Metal Industries Ltd 24.8 Cr. 100 115/97.8103 16.00.00 %4.43 %3.43 % 10.0
Baroda Extrusion Ltd 118 Cr. 7.93 15.0/3.55 2.630.00 %6.20 %% 1.00
ABC Gas (International) Ltd 86.2 Cr. 435 472/53.0135 21.00.00 %13.5 %15.6 % 10.0
Sagardeep Alloys Ltd 55.2 Cr. 32.3 37.7/22.249.7 16.90.00 %5.54 %2.78 % 10.0
Industry Average3,440.43 Cr105.5854.1922.160.11%10.80%10.67%5.45

All Competitor Stocks of Cubex Tubings Ltd

Quarterly Result

MetricDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales 20.0420.2724.7735.2333.3942.2934.0046.3853.0259.5550.4564.7257.10
Expenses 19.4218.3123.8934.2532.4540.5432.9345.1151.4757.0048.8262.1354.83
Operating Profit 0.621.960.880.980.941.751.071.271.552.551.632.592.27
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 Income 0.000.000.000.000.000.000.000.000.000.000.000.000.00
Interest 0.120.220.140.220.160.180.110.200.270.330.310.380.45
Depreciation 0.330.390.340.350.340.350.340.340.340.370.350.330.34
Profit before tax 0.171.350.400.410.441.220.620.730.941.850.971.881.48
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 Profit 0.160.890.380.480.381.170.420.360.581.290.651.311.01
EPS in Rs 0.110.620.270.340.270.820.290.250.410.900.450.910.71

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MetricMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales 57384558524651756070134191232
Expenses 55374557524551745867131187223
Operating Profit 21-1100-0113359
OPM % 3%2%-1%1%1%0%-0%1%2%4%2%2%4%
Other Income 0131222211220
Interest 0000000101111
Depreciation 1222211111111
Profit before tax 1000000112246
Tax % 48%91%55%55%36%24%20%6%43%31%2%36%
Net Profit 0000000101234
EPS in Rs 0.290.020.100.130.210.240.270.460.300.931.691.852.97
Dividend Payout % 0%0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2019-20202021-20222022-2023
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:1%
Compounded Profit Growth
10 Years:37%
5 Years:43%
3 Years:44%
TTM:26%
Stock Price CAGR
10 Years:25%
5 Years:45%
3 Years:56%
1 Year:22%
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

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital 12141414141414141414141414
Reserves 42424242434344444548505557
Borrowings 56545765110131528
Other Liabilities 446671015152524202126
Total Liabilities 6466676768757979869697105126
Fixed Assets 24222019181715171516151414
CWIP 0000000000000
Investments 0000000000000
Other Assets 394447485158646271808290112
Total Assets 6466676768757979869697105126

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +6-23224-03-0103
Cash from Investing Activity +-40-0-0-0-11-3-0-001
Cash from Financing Activity +-12-2-3-1-4-1-0-1-1-1-2
Net Cash Flow1-01-11-1-01-1-0-03

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow2.00-4.00-7.00-4.00-4.00-5.00-7.00-5.00-4.002.00-7.00-8.00

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

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days1561731311722031781851741831166975
Inventory Days957455345310368139117524729
Days Payable2520253345667494134532624
Cash Conversion Cycle2262271601732112151792191661159079
Working Capital Days2822261691922362231882281741119288
ROCE %1%1%1%1%1%1%2%2%4%5%7%9%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
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%0.36%0.32%0.32%0.32%0.32%0.32%
Government0.04%0.04%0.04%0.04%0.04%0.18%0.00%0.04%0.04%0.04%0.04%0.04%
Public55.22%55.22%55.22%55.22%55.23%55.08%55.22%55.22%55.22%55.22%55.22%55.22%
No. of Shareholders8,1778,5718,9309,1109,3069,5179,4619,4439,4269,9029,43210,628

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 2.781.851.690.930.30
Diluted EPS (Rs.) 2.781.851.690.930.30
Cash EPS (Rs.) 3.742.842.661.891.22
Book Value[Excl.RevalReserv]/Share (Rs.) 48.5245.3743.5141.8240.88
Book Value[Incl.RevalReserv]/Share (Rs.) 48.5245.3743.5141.8240.88
Revenue From Operations / Share (Rs.) 154.83133.9793.7249.3041.99
PBDIT / Share (Rs.) 5.864.523.192.751.73
PBIT / Share (Rs.) 4.913.532.221.790.81
PBT / Share (Rs.) 3.712.891.731.360.53
Net Profit / Share (Rs.) 2.801.861.700.930.30
PBDIT Margin (%) 3.783.373.405.584.13
PBIT Margin (%) 3.172.632.373.631.94
PBT Margin (%) 2.392.151.842.761.27
Net Profit Margin (%) 1.801.381.801.890.71
Return on Networth / Equity (%) 5.764.093.892.230.73
Return on Capital Employeed (%) 9.857.605.014.181.95
Return On Assets (%) 3.802.722.591.540.54
Total Debt / Equity (X) 0.210.190.150.020.08
Asset Turnover Ratio (%) 2.182.011.490.850.75
Current Ratio (X) 2.252.172.072.342.79
Quick Ratio (X) 1.801.461.501.581.81
Inventory Turnover Ratio (X) 10.168.986.583.163.64
Interest Coverage Ratio (X) 4.887.066.496.396.09
Interest Coverage Ratio (Post Tax) (X) 3.333.904.453.162.06
Enterprise Value (Cr.) 147.0050.8641.9624.9816.25
EV / Net Operating Revenue (X) 0.660.260.310.350.27
EV / EBITDA (X) 17.597.899.236.366.57
MarketCap / Net Operating Revenue (X) 0.610.200.240.350.21
Price / BV (X) 1.960.590.530.410.22
Price / Net Operating Revenue (X) 0.610.200.240.350.21
EarningsYield 0.020.060.070.050.03

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Cubex Tubings Ltd as of February 18, 2025 is: ₹65.25

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 February 18, 2025, Cubex Tubings Ltd is Overvalued by 36.03% compared to the current share price ₹102.00

Intrinsic Value of Cubex Tubings Ltd as of February 18, 2025 is: 103.21

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 February 18, 2025, Cubex Tubings Ltd is Undervalued by 1.19% compared to the current share price ₹102.00

Last 5 Year EPS CAGR: 58.17%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (45.92 cr) compared to borrowings (8.46 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 2.92%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 184.08, which may not be favorable.
  3. 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: 10.8%)
      • 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: 9.7%)
      • 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: 27.3 (Industry average Stock P/E: 39.41)
      • 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 Telangana, 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. 220.79 Cr. and Equity Capital is Rs. 14.26 Cr. for the Year ended 31/03/2024.
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 ArkathalaIndependent Director

FAQ

What is Cubex Tubings Ltd's true worth and is it a good investment?

Let's break down Cubex Tubings Ltd's valuation simply:

We calculate intrinsic value using the PE Ratio Method - comparing the company's current price-to-earnings ratio with its historical average and industry peers. Think of it like checking if a stock is "on sale" compared to its typical pricing.

As of 18 February 2025:

  • Calculated Fair Value: ₹65.25
  • Current Market Price: ₹102.00
  • Variance: 36.03% lower

This suggests Cubex Tubings Ltd is currently overvalued by 36.03%. For context:

  • Market Cap: 146 Cr.
  • 52-Week Range: 143/78.1
  • Reserves (Sep 2024): ₹57 Cr
  • Liabilities: 126 Cr

Remember: The PE method gives a snapshot based on earnings multiples. While useful for quick comparisons, investors should also consider growth prospects, industry trends, and economic conditions. This calculation assumes historical PE ratios remain relevant - always verify with current market dynamics.

What is the Market Cap of Cubex Tubings Ltd?

The Market Cap of Cubex Tubings Ltd is 146 Cr..

What is the current Stock Price of Cubex Tubings Ltd as on 18 February 2025?

The current stock price of Cubex Tubings Ltd as on 18 February 2025 is ₹102.

What is the High / Low of Cubex Tubings Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Cubex Tubings Ltd stocks is 143/78.1.

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

The Stock P/E of Cubex Tubings Ltd is 27.3.

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.

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