Stock P/E, Current Price, and Intrinsic Value Over Time
Competitors of Maharashtra Seamless Ltd
Stock Name
Market Cap
Current Price
High / Low
Stock P/E
Book Value
Dividend Yield
ROCE
ROE
Face Value
Industry Average
0 Cr
0
0
0
0%
0%
0%
0
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
562
709
690
951
1,139
1,428
1,334
1,414
1,339
1,633
1,223
1,535
1,431
Expenses
480
566
570
816
979
1,262
1,115
1,171
1,100
1,319
988
1,207
1,065
Operating Profit
83
142
120
135
160
167
220
243
239
314
235
328
366
OPM %
15%
20%
17%
14%
14%
12%
16%
17%
18%
19%
19%
21%
26%
Other Income
23
-164
32
32
22
26
18
22
18
27
33
30
35
Interest
13
12
11
11
12
12
11
13
9
6
7
1
1
Depreciation
36
27
35
34
34
35
35
34
35
34
34
26
26
Profit before tax
56
-61
106
122
136
146
193
217
213
301
228
331
374
Tax %
5%
3%
10%
22%
24%
-171%
28%
26%
25%
-24%
9%
24%
26%
Net Profit
53
-60
96
95
104
396
140
161
160
373
207
251
276
EPS in Rs
3.94
-4.29
7.15
6.78
7.07
29.31
10.41
12.02
11.91
27.62
15.42
18.69
20.59
Last Updated: August 11, 2024, 8:55 am
Quarterly Chart
Profit & Loss - Annual Report
Last Updated: August 11, 2024, 8:55 am
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
2,300
1,729
1,209
1,355
1,019
1,434
2,150
3,052
2,645
2,308
4,211
5,716
5,822
Expenses
1,908
1,558
1,120
1,249
980
1,209
1,839
2,383
2,135
1,867
3,628
4,705
4,580
Operating Profit
392
172
89
105
38
225
311
669
509
441
583
1,011
1,242
OPM %
17%
10%
7%
8%
4%
16%
14%
22%
19%
19%
14%
18%
21%
Other Income
76
70
64
74
57
76
99
-117
-197
-91
111
88
125
Interest
6
7
5
20
26
34
42
39
64
56
45
38
14
Depreciation
21
38
37
31
71
71
76
80
88
121
138
138
120
Profit before tax
441
197
111
129
-2
196
292
433
161
173
511
924
1,234
Tax %
30%
23%
13%
29%
-1,521%
41%
31%
53%
29%
30%
-35%
17%
Net Profit
308
152
102
118
-24
116
200
202
115
121
692
768
1,106
EPS in Rs
21.86
10.80
7.39
8.79
-1.81
9.21
15.73
17.48
6.26
7.32
51.62
57.07
82.32
Dividend Payout %
14%
28%
40%
28%
-69%
27%
19%
17%
20%
24%
5%
9%
Profit & Loss Yearly Chart
YoY Net Profit Growth
Year
2012-2013
2013-2014
2014-2015
2015-2016
2016-2017
2017-2018
2018-2019
2019-2020
2020-2021
2021-2022
2022-2023
YoY Net Profit Growth (%)
-50.65%
-32.89%
15.69%
-120.34%
583.33%
72.41%
1.00%
-43.07%
5.22%
471.90%
10.98%
Change in YoY Net Profit Growth (%)
0.00%
17.75%
48.58%
-136.03%
703.67%
-510.92%
-71.41%
-44.07%
48.29%
466.68%
-460.92%
Growth
Compounded Sales Growth
10 Years:
16%
5 Years:
12%
3 Years:
33%
TTM:
-5%
Compounded Profit Growth
10 Years:
30%
5 Years:
26%
3 Years:
69%
TTM:
-3%
Stock Price CAGR
10 Years:
15%
5 Years:
29%
3 Years:
62%
1 Year:
23%
Return on Equity
10 Years:
10%
5 Years:
14%
3 Years:
18%
Last Year:
18%
Last Updated: September 4, 2024, 5:45 pm
Balance Sheet
Last Updated: August 11, 2024, 8:55 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
Equity Capital
35
34
34
34
34
34
34
34
34
34
67
67
Reserves
2,779
2,765
2,763
2,549
2,650
2,896
3,037
3,171
3,265
3,951
4,707
5,664
Borrowings
151
138
916
665
703
626
1,059
1,145
922
709
244
0
Other Liabilities
276
352
313
436
470
483
666
889
1,135
695
841
858
Total Liabilities
3,241
3,288
4,026
3,684
3,856
4,039
4,795
5,239
5,356
5,388
5,859
6,588
Fixed Assets
1,260
1,231
1,472
1,121
1,095
1,235
1,173
2,364
2,268
2,135
2,016
1,950
CWIP
150
34
37
31
119
17
23
29
9
13
14
3
Investments
740
834
1,373
1,444
1,529
1,461
1,276
1,007
1,071
646
1,177
2,098
Other Assets
1,091
1,189
1,143
1,088
1,113
1,326
2,322
1,840
2,008
2,593
2,651
2,538
Total Assets
3,241
3,288
4,026
3,684
3,856
4,039
4,795
5,239
5,356
5,388
5,859
6,588
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 ActivityÂ
300
109
104
122
241
93
-183
748
447
-269
912
1,041
Cash from Investing ActivityÂ
-313
-59
-630
12
-107
13
-161
-730
-183
563
-386
-722
Cash from Financing ActivityÂ
3
-26
527
-141
-133
-95
387
7
-285
-286
-542
-320
Net Cash Flow
-10
23
2
-6
2
10
44
25
-21
8
-17
0
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
392.00
21.00
-49.00
-811.00
-627.00
-478.00
-315.00
668.00
508.00
-481.00
-126.00
-243.00
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.
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.
Undervalued: 21.24% compared to the current price ₹668.00
Intrinsic Value: 1,355.85
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 intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.
Undervalued: 102.97% compared to the current price ₹668.00
Last 5 Year EPS CAGR: 67.41%
*Investments are subject to market risks
Strength and Weakness
Strength
Weakness
The company has higher reserves (3,349.75 cr) compared to borrowings (606.50 cr), indicating strong financial stability.
The company has shown consistent growth in sales (2.31 cr) and profit (274.38 cr) over the years.
The stock has a low average ROCE of 8.00%, which may not be favorable.
The stock has a high average Working Capital Days of 200.42, which may not be favorable.
The stock has a high average Cash Conversion Cycle of 185.25, 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 Maharashtra Seamless Ltd:
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.
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.
ROE%: 16.6% (Industry Average ROE: 18.1%)
ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
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.
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.
Stock P/E: 10.3 (Industry average Stock P/E: 10.3)
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.
Total Debt / Equity: 0
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
Maharashtra Seamless Ltd. is a Public Limited Listed company incorporated on 10/05/1988 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L99999MH1988PLC080545 and registration number is 080545. Currently company belongs to the Industry of Steel - Seamless Tubes. Company’s Total Operating Revenue is Rs. 3556.08 Cr. and Equity Capital is Rs. 33.50 Cr. for the Year ended 31/03/2022.
INDUSTRY
ADDRESS
CONTACT
Steel - Seamless Tubes
Pipe Nagar, Village - Sukeli, Raigad District Maharashtra 402126
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 Maharashtra Seamless 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
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