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Last Updated on: 12 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

Setco Automotive Ltd: Share Price Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: December 11, 2024, 10:20 pm

Market Cap 225 Cr.
Current Price 17.1
High / Low17.3/6.09
Stock P/E
Book Value 47.4
Dividend Yield0.00 %
ROCE9.39 %
ROE%
Face Value 2.00
PEG Ratio0.00

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

View Share Price Target for Setco Automotive Ltd

Competitors of Setco Automotive Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Setco Automotive Ltd 225 Cr. 17.117.3/6.09 47.40.00 %9.39 %% 2.00
Hindustan Composites Ltd 859 Cr. 582670/37026.5 7300.34 %4.80 %3.86 % 5.00
Industry Average542.00 Cr299.5526.50388.700.17%7.10%3.86%3.50

All Competitor Stocks of Setco Automotive Ltd

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales1111147189120156158116111160145146165
Expenses10213278110116146143114108140132134140
Operating Profit9-17-7-22310151321141225
OPM %8%-15%-10%-25%3%6%10%1%3%13%9%8%15%
Other Income1-281-891-622-3-9111
Interest14171623343537384040424547
Depreciation8989101099911999
Profit before tax-12-71-31-143-39-41-28-44-48-41-37-41-29
Tax %4%3%2%-13%-1%35%-0%0%-0%-77%0%-0%-0%
Net Profit-12-69-30-161-40-27-28-44-48-72-37-41-29
EPS in Rs-0.81-5.15-2.20-10.20-2.63-1.75-2.10-2.77-2.51-4.31-2.32-2.54-1.81

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Sales388402508568543554660451348423527630
Expenses332365444493484493563415358439487557
Operating Profit5738647459619736-10-164072
OPM %15%9%13%13%11%11%15%8%-3%-4%8%12%
Other Income517460236-1-24-93-81
Interest202326335150535759108155180
Depreciation121416193032343234373835
Profit before tax29182628-22017-54-127-254-161-141
Tax %11%-2%21%19%-38%304%103%-8%-3%1%19%-4%
Net Profit26182123-14-1-1-50-123-257-192-135
EPS in Rs1.961.371.551.74-0.650.280.23-3.33-8.98-16.77-11.40-8.42
Dividend Payout %27%39%39%46%-100%285%427%-0%-0%-0%-0%-0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-30.77%16.67%9.52%-160.87%92.86%0.00%-4900.00%-146.00%-108.94%25.29%29.69%
Change in YoY Net Profit Growth (%)0.00%47.44%-7.14%-170.39%253.73%-92.86%-4900.00%4754.00%37.06%134.23%4.40%

Setco Automotive Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:4%
5 Years:-2%
3 Years:20%
TTM:18%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:-8%
TTM:32%
Stock Price CAGR
10 Years:-10%
5 Years:5%
3 Years:1%
1 Year:120%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Last Updated: Unknown

Balance Sheet

Last Updated: October 15, 2024, 2:55 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Equity Capital272727272727272727272727
Reserves15516317618717016114478-54-267-457-593
Borrowings181185318397425385376417470760873988
Other Liabilities587678129104150168161158120132134
Total Liabilities421450598740726723716682602639574556
Fixed Assets137150185200330321317301282308285257
CWIP14882154171516226200
Investments375145584315155156838383
Other Assets233241286329336372368309257245207215
Total Assets421450598740726723716682602639574556

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +3157137343921099226-1274869
Cash from Investing Activity +-32-27-117-112-1715-28-61-17-98-12-7
Cash from Financing Activity +-5-2810732-19-111-74-32-6232-40-64
Net Cash Flow-624-76-47-037-4-3

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-124.00-147.00-254.00-323.00-366.00-324.00-279.00-381.00-480.00-776.00-833.00-916.00

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 Days756356728384603847372624
Inventory Days183199164172177209206292241160153144
Days Payable54795293111137119196179123115109
Cash Conversion Cycle204184168150149155147134109746459
Working Capital Days1431231201029781562464694338
ROCE %15%9%12%11%5%9%12%2%-8%-9%1%9%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters59.25%59.25%59.25%59.25%59.25%59.25%59.25%59.25%59.25%59.25%59.25%59.25%
FIIs0.08%0.09%0.11%0.07%0.07%0.07%0.07%0.07%0.07%0.07%0.07%0.07%
DIIs0.00%0.00%0.00%0.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public40.67%40.66%40.64%40.67%40.67%40.67%40.68%40.67%40.69%40.68%40.69%40.68%
No. of Shareholders32,71233,05933,14232,97033,13133,09932,75632,34331,85131,88131,48031,904

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
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)-8.42-11.40-16.77-8.98-3.33
Diluted EPS (Rs.)-8.42-11.40-16.77-8.98-3.33
Cash EPS (Rs.)-7.51-11.50-16.45-6.70-1.29
Book Value[Excl.RevalReserv]/Share (Rs.)-42.35-32.20-17.97-2.037.85
Book Value[Incl.RevalReserv]/Share (Rs.)-42.35-32.20-17.97-2.037.85
Revenue From Operations / Share (Rs.)47.0840.7832.5226.8635.16
PBDIT / Share (Rs.)5.623.35-0.44-0.103.04
PBIT / Share (Rs.)3.030.47-3.24-2.630.62
PBT / Share (Rs.)-10.57-12.05-19.00-9.50-4.04
Net Profit / Share (Rs.)-10.10-14.37-19.25-9.22-3.70
NP After MI And SOA / Share (Rs.)-8.43-11.40-16.77-8.98-3.33
PBDIT Margin (%)11.938.20-1.36-0.398.65
PBIT Margin (%)6.431.15-9.97-9.771.77
PBT Margin (%)-22.44-29.53-58.41-35.37-11.49
Net Profit Margin (%)-21.45-35.23-59.19-34.32-10.53
NP After MI And SOA Margin (%)-17.89-27.94-51.57-33.42-9.47
Return on Networth / Equity (%)0.000.000.000.00-42.55
Return on Capital Employeed (%)10.891.71-9.41-20.233.37
Return On Assets (%)-20.27-26.54-35.10-20.01-6.53
Long Term Debt / Equity (X)-1.63-2.19-2.84-7.121.24
Total Debt / Equity (X)-1.74-2.44-3.16-17.453.24
Asset Turnover Ratio (%)1.110.890.390.480.59
Current Ratio (X)1.070.951.150.490.60
Quick Ratio (X)0.380.340.520.170.19
Inventory Turnover Ratio (X)2.532.581.131.471.67
Interest Coverage Ratio (X)0.410.28-0.05-0.020.71
Interest Coverage Ratio (Post Tax) (X)0.26-0.16-0.43-0.530.22
Enterprise Value (Cr.)1056.27853.38923.59592.43403.25
EV / Net Operating Revenue (X)1.681.562.121.650.85
EV / EBITDA (X)14.0519.06-155.08-421.699.91
MarketCap / Net Operating Revenue (X)0.130.130.420.520.16
Price / BV (X)-0.14-0.19-0.77-7.760.72
Price / Net Operating Revenue (X)0.130.130.420.520.16
EarningsYield-1.36-2.14-1.21-0.63-0.58

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Setco Automotive Ltd as of December 12, 2024 is: 108.78

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 December 12, 2024, Setco Automotive Ltd is Undervalued by 536.14% compared to the current share price 17.10

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

Intrinsic Value of Setco Automotive Ltd as of December 12, 2024 is: 75.79

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 December 12, 2024, Setco Automotive Ltd is Undervalued by 343.22% compared to the current share price 17.10

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

Last 5 Year EPS CAGR: -30.33%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
    1. The stock has a low average ROCE of 5.67%, which may not be favorable.
    2. The stock has a high average Working Capital Days of 80.00, which may not be favorable.
    3. The stock has a high average Cash Conversion Cycle of 133.08, which may not be favorable.
    4. The company has higher borrowings (481.25) compared to reserves (-11.42), which may suggest financial risk.
    5. The company has not shown consistent growth in sales (500.17) and profit (-53.42).

    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 Setco Automotive Ltd:
      1. Net Profit Margin: -21.45%
        • 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: 10.89% (Industry Average ROCE: 7.1%)
        • 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%: 0% (Industry Average ROE: 3.86%)
        • 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): 0.26
        • 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: 0.38
        • 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: 26.5)
        • 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: -1.74
        • 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

    No data availabale for About the Company
    INDUSTRYADDRESSCONTACT
    Industry not foundAddress not foundContact not found
    Management Data not Available

    FAQ

    What is the latest intrinsic value of Setco Automotive Ltd?

    The latest intrinsic value of Setco Automotive Ltd as on 12 December 2024 is ₹108.78, which is 536.14% higher than the current market price of ₹17.10. The stock has a market capitalization of 225 Cr. and recorded a high/low of ₹17.3/6.09 during the current fiscal year 2024-2025. As of Mar 2024, the company has reserves of ₹-593 Cr and total liabilities of ₹556 Cr.

    What is the Market Cap of Setco Automotive Ltd?

    The Market Cap of Setco Automotive Ltd is 225 Cr..

    What is the current Stock Price of Setco Automotive Ltd as on 12 December 2024?

    The current stock price of Setco Automotive Ltd as on 12 December 2024 is 17.1.

    What is the High / Low of Setco Automotive Ltd stocks in FY 2024-2025?

    In FY 2024-2025, the High / Low of Setco Automotive Ltd stocks is 17.3/6.09.

    What is the Stock P/E of Setco Automotive Ltd?

    The Stock P/E of Setco Automotive Ltd is .

    What is the Book Value of Setco Automotive Ltd?

    The Book Value of Setco Automotive Ltd is 47.4.

    What is the Dividend Yield of Setco Automotive Ltd?

    The Dividend Yield of Setco Automotive Ltd is 0.00 %.

    What is the ROCE of Setco Automotive Ltd?

    The ROCE of Setco Automotive Ltd is 9.39 %.

    What is the ROE of Setco Automotive Ltd?

    The ROE of Setco Automotive Ltd is %.

    What is the Face Value of Setco Automotive Ltd?

    The Face Value of Setco Automotive Ltd is 2.00.

    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 Setco Automotive 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