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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

Swelect Energy Systems Ltd: Share Price Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: December 11, 2024, 10:13 pm

Market Cap 1,692 Cr.
Current Price 1,117
High / Low1,526/484
Stock P/E64.6
Book Value 564
Dividend Yield0.27 %
ROCE5.35 %
ROE3.61 %
Face Value 10.0
PEG Ratio0.55

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

View Share Price Target for Swelect Energy Systems Ltd

Competitors of Swelect Energy Systems Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Evans Electric Ltd 93.3 Cr. 340504/16133.0 74.60.88 %36.4 %28.0 % 10.0
Epic Energy Ltd 101 Cr. 140140/5.97134 10.00.00 %5.03 %5.49 % 10.0
Edvenswa Enterprises Ltd 186 Cr. 63.899.8/42.421.1 25.50.00 %23.5 %15.4 % 10.0
Cospower Engineering Ltd 95.7 Cr. 638740/200106 49.80.00 %8.12 %1.54 % 10.0
Continental Controls Ltd 6.45 Cr. 10.518.5/5.81322 3.430.00 %7.82 %14.0 % 10.0
Industry Average16,261.10 Cr734.25144.8276.000.11%15.75%19.05%6.27

All Competitor Stocks of Swelect Energy Systems Ltd

Quarterly Result

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Sales79525310715963158266285486476
Expenses6747397513642134165062324052
Operating Profit1251432232224101224172324
OPM %15%10%26%30%14%34%15%39%19%28%35%37%32%
Other Income-36425-10-2391312745
Interest57866688811111217
Depreciation77478886711101012
Profit before tax-3-352013-26-15148840
Tax %31%10%4%8%7%23%0%11%15%15%10%2%9%
Net Profit-4-451912-36-14127836
EPS in Rs-2.92-2.363.2912.408.11-1.773.72-0.502.317.204.515.2323.97

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
Sales176176222276241294228252253354246243
Expenses173170214253217261202216202273184159
Operating Profit368232434253651816284
OPM %2%4%3%8%10%11%11%14%20%23%25%35%
Other Income6732724323627274235279
Interest4513121010151718233051
Depreciation71017171923263028282642
Profit before tax66518226312710-72836870
Tax %22%11%117%36%30%42%35%45%5%9%18%10%
Net Profit52117-01722167-102632663
EPS in Rs342.6810.64-0.2510.8914.2310.454.49-6.7117.2021.373.6540.91
Dividend Payout %2%56%-665%24%19%25%37%-30%17%14%33%10%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-96.74%-100.00%29.41%-27.27%-56.25%-242.86%360.00%23.08%-81.25%950.00%
Change in YoY Net Profit Growth (%)0.00%-3.26%129.41%-56.68%-28.98%-186.61%602.86%-336.92%-104.33%1031.25%

Swelect Energy Systems Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:3%
5 Years:1%
3 Years:-1%
TTM:104%
Compounded Profit Growth
10 Years:11%
5 Years:41%
3 Years:14%
TTM:35%
Stock Price CAGR
10 Years:15%
5 Years:61%
3 Years:64%
1 Year:116%
Return on Equity
10 Years:2%
5 Years:2%
3 Years:3%
Last Year:4%

Last Updated: Unknown

Balance Sheet

Last Updated: Unknown

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Equity Capital101010101010101515151515
Reserves655668668672690705716704727760772824
Borrowings47101139132114206198228358459550569
Other Liabilities939984578770709790166148253
Total Liabilities8058799018719019919941,0441,1921,4011,4851,661
Fixed Assets184267290301323376427441463566666717
CWIP11217131213117225327
Investments281292257288257272258242277291285275
Other Assets339309337281319331296350380519504663
Total Assets8058799018719019919941,0441,1921,4011,4851,661

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +-36-44-542936928339713190
Cash from Investing Activity +17619494218-98-120-30-142-73-284-82
Cash from Financing Activity +-1184415-28-5249-53-494991132
Net Cash Flow23195917-5-47-103-6-15124-14240

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-44.00-95.00-131.00-109.00-90.00-172.00-173.00-192.00-307.00-378.00-488.00-485.00

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 Days6790919310972647896899978
Inventory Days10412286831571351912092103464121,034
Days Payable13414210791176104173160178277244411
Cash Conversion Cycle376970869010382128129158267702
Working Capital Days7341746573909277312173204241
ROCE %8%2%1%3%5%4%1%2%4%6%4%5%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters56.37%56.37%56.37%56.37%56.36%56.36%56.36%56.36%56.36%56.36%56.36%56.36%
FIIs0.00%0.02%0.06%0.08%0.01%0.07%0.00%0.03%0.06%0.04%0.06%0.12%
DIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.41%0.00%0.47%0.20%
Public43.63%43.61%43.57%43.56%43.64%43.56%43.64%43.61%43.17%43.60%43.11%43.32%
No. of Shareholders13,00213,63613,48916,25618,08618,78914,70713,64216,53116,84423,90527,192

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
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)41.624.2421.3917.18-6.71
Diluted EPS (Rs.)41.624.2421.3917.18-6.71
Cash EPS (Rs.)69.2226.3041.7935.7412.98
Book Value[Excl.RevalReserv]/Share (Rs.)563.44527.75516.59491.69472.13
Book Value[Incl.RevalReserv]/Share (Rs.)565.86530.18519.01494.15474.63
Revenue From Operations / Share (Rs.)160.16241.43258.01166.59166.38
PBDIT / Share (Rs.)79.5163.5360.2452.9836.49
PBIT / Share (Rs.)51.9141.4639.8334.4216.80
PBT / Share (Rs.)39.7320.5223.4318.15-4.63
Net Profit / Share (Rs.)41.634.2421.3917.18-6.71
NP After MI And SOA / Share (Rs.)40.913.6621.3817.20-6.71
PBDIT Margin (%)49.6426.3123.3431.8021.93
PBIT Margin (%)32.4117.1715.4320.6610.09
PBT Margin (%)24.808.509.0710.89-2.78
Net Profit Margin (%)25.991.758.2810.30-4.03
NP After MI And SOA Margin (%)25.541.518.2810.32-4.03
Return on Networth / Equity (%)7.420.704.193.52-1.42
Return on Capital Employeed (%)7.116.006.145.723.28
Return On Assets (%)3.730.372.302.18-0.97
Long Term Debt / Equity (X)0.260.290.240.200.05
Total Debt / Equity (X)0.670.700.590.460.30
Asset Turnover Ratio (%)0.150.170.230.170.14
Current Ratio (X)1.591.631.682.041.87
Quick Ratio (X)1.171.321.301.811.61
Inventory Turnover Ratio (X)0.750.271.531.071.76
Dividend Payout Ratio (NP) (%)2.9382.0214.034.05-43.47
Dividend Payout Ratio (CP) (%)1.7511.667.171.9422.46
Earning Retention Ratio (%)97.0717.9885.9795.95143.47
Cash Earning Retention Ratio (%)98.2588.3492.8398.0677.54
Interest Coverage Ratio (X)2.373.033.674.523.21
Interest Coverage Ratio (Post Tax) (X)1.411.942.302.861.29
Enterprise Value (Cr.)1797.52986.29934.51500.58222.71
EV / Net Operating Revenue (X)7.402.692.391.980.88
EV / EBITDA (X)14.9110.2410.236.234.03
MarketCap / Net Operating Revenue (X)5.961.181.471.210.49
Retention Ratios (%)97.0617.9785.9695.94143.47
Price / BV (X)1.730.550.740.410.17
Price / Net Operating Revenue (X)5.961.181.471.210.49
EarningsYield0.040.010.050.08-0.08

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Swelect Energy Systems Ltd as of December 12, 2024 is: 1,318.83

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, Swelect Energy Systems Ltd is Undervalued by 18.07% compared to the current share price 1,117.00

Intrinsic Value of Swelect Energy Systems Ltd as of December 12, 2024 is: 2,867.82

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, Swelect Energy Systems Ltd is Undervalued by 156.74% compared to the current share price 1,117.00

Last 5 Year EPS CAGR: 117.45%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (713.42 cr) compared to borrowings (258.42 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (246.75 cr) and profit (76.17 cr) over the years.
  1. The stock has a low average ROCE of 3.75%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 128.50, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 160.08, 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 Swelect Energy Systems Ltd:
    1. Net Profit Margin: 25.99%
      • 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: 7.11% (Industry Average ROCE: 15.15%)
      • 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%: 7.42% (Industry Average ROE: 18.32%)
      • 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): 1.41
      • 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: 1.17
      • 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: 64.6 (Industry average Stock P/E: 128.11)
      • 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: 0.67
      • 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 Swelect Energy Systems Ltd?

The latest intrinsic value of Swelect Energy Systems Ltd as on 12 December 2024 is ₹1318.83, which is 18.07% higher than the current market price of ₹1,117.00. The stock has a market capitalization of 1,692 Cr. and recorded a high/low of ₹1,526/484 during the current fiscal year 2024-2025. As of Mar 2024, the company has reserves of ₹824 Cr and total liabilities of ₹1,661 Cr.

What is the Market Cap of Swelect Energy Systems Ltd?

The Market Cap of Swelect Energy Systems Ltd is 1,692 Cr..

What is the current Stock Price of Swelect Energy Systems Ltd as on 12 December 2024?

The current stock price of Swelect Energy Systems Ltd as on 12 December 2024 is 1,117.

What is the High / Low of Swelect Energy Systems Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Swelect Energy Systems Ltd stocks is 1,526/484.

What is the Stock P/E of Swelect Energy Systems Ltd?

The Stock P/E of Swelect Energy Systems Ltd is 64.6.

What is the Book Value of Swelect Energy Systems Ltd?

The Book Value of Swelect Energy Systems Ltd is 564.

What is the Dividend Yield of Swelect Energy Systems Ltd?

The Dividend Yield of Swelect Energy Systems Ltd is 0.27 %.

What is the ROCE of Swelect Energy Systems Ltd?

The ROCE of Swelect Energy Systems Ltd is 5.35 %.

What is the ROE of Swelect Energy Systems Ltd?

The ROE of Swelect Energy Systems Ltd is 3.61 %.

What is the Face Value of Swelect Energy Systems Ltd?

The Face Value of Swelect Energy Systems 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 Swelect Energy Systems 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