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Last Updated on: 15 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo
Stock Ticker - BSE: | NSE:

Shiv Aum Steels Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 15, 2024, 1:53 am

Market Cap 354 Cr.
Current Price 260
High / Low312/260
Stock P/E33.2
Book Value 83.4
Dividend Yield0.00 %
ROCE12.4 %
ROE10.1 %
Face Value 10.0
PEG Ratio2.22

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

View Share Price Target for Shiv Aum Steels Ltd

Competitors of Shiv Aum Steels Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Hindustan Bio Sciences Ltd 10.3 Cr. 10.013.5/6.8673.5 0.820.00 %1.52 %7.74 % 2.00
Shiv Aum Steels Ltd 354 Cr. 260312/26033.2 83.40.00 %12.4 %10.1 % 10.0
Industry Average354.00 Cr135.0053.3542.110.00%6.96%8.92%6.00

All Competitor Stocks of Shiv Aum Steels Ltd

Quarterly Result

MonthSep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024
Sales16517077190186221235261279269
Expenses16316474186174213219253267261
Operating Profit2625128168118
OPM %1%4%3%2%7%4%7%3%4%3%
Other Income4001001111
Interest3222222334
Depreciation0000000000
Profit before tax240310614594
Tax %12%25%25%29%24%25%25%28%25%27%
Net Profit23028510473
EPS in Rs1.512.220.071.515.803.387.712.825.182.30

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
Sales279362343287242273372339267407496548
Expenses277357339284240264361327260386472528
Operating Profit26332811127212419
OPM %1%2%1%1%1%3%3%4%3%5%5%3%
Other Income046575611112
Interest076545764457
Depreciation000011110111
Profit before tax233348963171914
Tax %31%31%34%33%27%32%35%20%28%24%26%25%
Net Profit222235652121410
EPS in Rs3.284.103.603.622.935.465.723.731.609.1810.537.48
Dividend Payout %0%0%0%0%0%0%0%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 (%)0.00%0.00%0.00%50.00%66.67%20.00%-16.67%-60.00%500.00%16.67%-28.57%
Change in YoY Net Profit Growth (%)0.00%0.00%0.00%50.00%16.67%-46.67%-36.67%-43.33%560.00%-483.33%-45.24%

Shiv Aum Steels 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:8%
3 Years:27%
TTM:-4%
Compounded Profit Growth
10 Years:17%
5 Years:12%
3 Years:67%
TTM:-2%
Stock Price CAGR
10 Years:%
5 Years:42%
3 Years:60%
1 Year:-16%
Return on Equity
10 Years:11%
5 Years:11%
3 Years:14%
Last Year:10%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:41 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital5555101010141414141414
Reserves222426282531375355688292100
Borrowings63603948406377535046596974
Other Liabilities101156557427888
Total Liabilities100100768680109131124121134163183195
Fixed Assets1116657666664
CWIP0000000000000
Investments11101012220004686
Other Assets8889656873102124117115124152169184
Total Assets100100768680109131124121134163183195

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +-191323-1-0-17-23644610
Cash from Investing Activity +41-0-212-14-01-4-1-2
Cash from Financing Activity +15-11-263-121914-6-4-4-5-7
Net Cash Flow04-40-0-0-501-401

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-61.00-54.00-36.00-45.00-38.00-55.00-66.00-41.00-43.00-25.00-35.00-50.00

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 Days675747496077656158312633
Inventory Days2920354655475184727364
Days Payable103312110101
Cash Conversion Cycle677664811051301111101421029896
Working Capital Days10174637897127111118148105105106
ROCE %3%11%11%10%8%14%14%10%6%17%17%12%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2019Mar 2020Sep 2020Mar 2021Sep 2021Dec 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024
Promoters73.53%73.53%73.53%73.53%73.53%73.53%73.53%73.53%73.53%73.53%73.53%73.53%
Public26.47%26.47%26.47%26.47%26.47%26.48%26.47%26.47%26.47%26.47%26.47%26.47%
No. of Shareholders3626363666555565350636349

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24
FaceValue10.00
Basic EPS (Rs.)7.69
Diluted EPS (Rs.)7.69
Cash EPS (Rs.)8.09
Book Value[Excl.RevalReserv]/Share (Rs.)78.09
Book Value[Incl.RevalReserv]/Share (Rs.)78.09
Revenue From Operations / Share (Rs.)407.87
PBDIT / Share (Rs.)15.79
PBIT / Share (Rs.)15.39
PBT / Share (Rs.)10.32
Net Profit / Share (Rs.)7.69
NP After MI And SOA / Share (Rs.)7.69
PBDIT Margin (%)3.87
PBIT Margin (%)3.77
PBT Margin (%)2.53
Net Profit Margin (%)1.88
NP After MI And SOA Margin (%)1.88
Return on Networth / Equity (%)9.84
Return on Capital Employeed (%)18.13
Return On Assets (%)5.70
Long Term Debt / Equity (X)0.08
Total Debt / Equity (X)0.65
Current Ratio (X)2.55
Quick Ratio (X)1.26
Interest Coverage Ratio (X)3.11
Interest Coverage Ratio (Post Tax) (X)2.52
Enterprise Value (Cr.)491.62
EV / Net Operating Revenue (X)0.88
EV / EBITDA (X)22.89
MarketCap / Net Operating Revenue (X)0.76
Price / BV (X)4.00
Price / Net Operating Revenue (X)0.76
EarningsYield0.02

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Shiv Aum Steels Ltd as of November 15, 2024 is: 285.25

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 November 15, 2024, Shiv Aum Steels Ltd is Undervalued by 9.71% compared to the current share price 260.00

Intrinsic Value of Shiv Aum Steels Ltd as of November 15, 2024 is: 327.84

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 15, 2024, Shiv Aum Steels Ltd is Undervalued by 26.09% compared to the current share price 260.00

Last 5 Year EPS CAGR: 14.93%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has shown consistent growth in sales (351.25 cr) and profit (7.58 cr) over the years.
  1. The stock has a low average ROCE of 11.08%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 102.75, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 98.50, which may not be favorable.
  4. The company has higher borrowings (57.00) compared to reserves (49.46), which may suggest financial risk.

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 Shiv Aum Steels Ltd:
    1. Net Profit Margin: 1.88%
      • 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: 18.13% (Industry Average ROCE: 6.96%)
      • 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%: 9.84% (Industry Average ROE: 8.92%)
      • 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): 2.52
      • 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: 1.26
      • 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: 33.2 (Industry average Stock P/E: 53.35)
      • 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: 0.65
      • 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

Shiv Aum Steels Ltd. is a Public Limited Listed company incorporated on 11/03/2002 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L27105MH2002PLC135117 and registration number is 135117. Currently Company is involved in the business activities of Manufacture of other basic iron and steel n.e.c. Company’s Total Operating Revenue is Rs. 406.83 Cr. and Equity Capital is Rs. 13.60 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Trading & Distributors515, The Summit Business Bay, Opp. Cinemax, Mumbai Maharashtra 400093info@shivaumsteels.com
http://www.shivaumsteels.com
Management
NamePosition Held
Mr. Jatin N MehtaWhole Time Director
Mr. Ajay N BansalWhole Time Director
Mr. Krishna N MehtaWhole Time Director
Mr. Harsh LapsiaIndependent Director
Mr. Ankit S MehtaIndependent Director
Mr. Sanjay N BansalWhole Time Director
Mrs. Vanita S BansalNon Executive Director
Mrs. Niyati MehtaNon Executive Director
Mr. Rishabh J MehtaWhole Time Director
Mr. Utsav S BansalWhole Time Director
Ms. Bharti DagaIndependent Director
Mr. Pramod BasrurIndependent Director

FAQ

What is the latest intrinsic value of Shiv Aum Steels Ltd?

The latest intrinsic value of Shiv Aum Steels Ltd as on 14 November 2024 is ₹285.25, which is 9.71% higher than the current market price of ₹260.00.

What is the Market Cap of Shiv Aum Steels Ltd?

The Market Cap of Shiv Aum Steels Ltd is 354 Cr..

What is the current Stock Price of Shiv Aum Steels Ltd as on 14 November 2024?

The current stock price of Shiv Aum Steels Ltd as on 14 November 2024 is ₹260.

What is the High / Low of Shiv Aum Steels Ltd stocks in FY 2024?

In FY 2024, the High / Low of Shiv Aum Steels Ltd stocks is 312/260.

What is the Stock P/E of Shiv Aum Steels Ltd?

The Stock P/E of Shiv Aum Steels Ltd is 33.2.

What is the Book Value of Shiv Aum Steels Ltd?

The Book Value of Shiv Aum Steels Ltd is 83.4.

What is the Dividend Yield of Shiv Aum Steels Ltd?

The Dividend Yield of Shiv Aum Steels Ltd is 0.00 %.

What is the ROCE of Shiv Aum Steels Ltd?

The ROCE of Shiv Aum Steels Ltd is 12.4 %.

What is the ROE of Shiv Aum Steels Ltd?

The ROE of Shiv Aum Steels Ltd is 10.1 %.

What is the Face Value of Shiv Aum Steels Ltd?

The Face Value of Shiv Aum Steels 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 Shiv Aum Steels 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