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Last Updated on: 10 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Hitachi Energy India Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 9, 2024, 10:27 am

Market Cap 59,501 Cr.
Current Price 14,039
High / Low16,550/4,300
Stock P/E298
Book Value 331
Dividend Yield0.03 %
ROCE17.8 %
ROE12.7 %
Face Value 2.00
PEG Ratio118.35

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

View Share Price Target for Hitachi Energy India Ltd

Competitors of Hitachi Energy India Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Hitachi Energy India Ltd 59,501 Cr. 14,03916,550/4,300298 3310.03 %17.8 %12.7 % 2.00
Shri Ram Switchgears Ltd 10.1 Cr. 10.1/ 22.20.00 %4.07 %% 10.0
Industry Average59,501.00 Cr7,024.55298.00176.600.02%10.94%12.70%6.00

All Competitor Stocks of Hitachi Energy India Ltd

Quarterly Result

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Sales8491,1231,1139861,1151,0341,3341,0401,2281,2741,6951,3271,554
Expenses7751,0611,0479601,0399941,2391,0061,1631,2061,5131,2791,444
Operating Profit7362662676399534656818248110
OPM %9%6%6%3%7%4%7%3%5%5%11%4%7%
Other Income251295072302400
Interest9710871311111114111116
Depreciation19221521182021222223232223
Profit before tax4783712501365332341521571
Tax %27%26%27%36%26%66%22%29%24%32%25%31%26%
Net Profit346252137551225231141052
EPS in Rs8.1014.5512.190.328.771.0811.990.575.845.4226.822.4612.34

Last Updated: November 6, 2024, 6:32 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthDec 2019Dec 2020Dec 2021Mar 2022Mar 2023Mar 2024TTM
Sales3,2363,4203,7714,8844,4695,2375,525
Expenses2,8993,1523,5264,5604,2184,8785,161
Operating Profit337269244323250359363
OPM %10%8%6%7%6%7%7%
Other Income-41-18741011596
Interest28383253545746
Depreciation48778195809090
Profit before tax221136206277131222233
Tax %25%27%26%26%28%26%
Net Profit16510015220394164172
EPS in Rs39.0223.5535.8047.9922.1638.6440.54
Dividend Payout %0%8%0%6%15%10%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2022-20232023-2024
YoY Net Profit Growth (%)-53.69%74.47%
Change in YoY Net Profit Growth (%)0.00%128.16%

Hitachi Energy India Ltd has shown a consistent positive trend in YoY Net Profit Growth (%) in the last 2 years from 2022-2023 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:15%
TTM:26%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:11%
TTM:142%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:82%
1 Year:221%
Return on Equity
10 Years:%
5 Years:%
3 Years:13%
Last Year:13%

Last Updated: Unknown

Balance Sheet

Last Updated: Unknown

MonthDec 2019Dec 2020Dec 2021Mar 2022Mar 2023Mar 2024
Equity Capital88888
Reserves8319241,1241,2071,351
Borrowings34839190334214
Other Liabilities2,2532,5322,2012,3693,134
Total Liabilities3,4413,5033,5243,9194,707
Fixed Assets579656653713695
CWIP57321184963
Investments00000
Other Assets2,8042,8152,7533,1573,950
Total Assets3,4413,5033,5243,9194,707

Reserves and Borrowings Chart

Cash Flow

MonthDec 2019Dec 2020Dec 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity -73610-127-1275252
Cash from Investing Activity -73-89-167-167-12-89
Cash from Financing Activity 333-390616184-199
Net Cash Flow188131-233-23377-35

Free Cash Flow

MonthDec 2019Dec 2020Dec 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-11.00230.00244.00133.00-84.00145.00

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

MonthDec 2019Dec 2020Dec 2021Mar 2022Mar 2023Mar 2024
Debtor Days201168106125106
Inventory Days10210393110101
Days Payable286327213204205
Cash Conversion Cycle18-57-14312
Working Capital Days39-9304440
ROCE %19%26%13%18%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%
FIIs4.96%4.71%5.10%4.95%4.90%4.81%4.52%4.32%4.06%3.48%5.02%5.10%
DIIs1.59%1.50%1.52%7.12%7.55%7.88%8.08%8.02%8.49%9.70%8.53%8.98%
Public18.45%18.79%18.38%12.91%12.55%12.31%12.38%12.63%12.44%11.81%11.44%10.90%
No. of Shareholders60,81369,64668,72669,24469,76464,14462,84461,79361,56362,48972,53673,288

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Nippon India Multi Cap Fund283,4891.04412.34178,0502024-11-0859.22%
Nippon India Small Cap Fund178,0500.42258.98178,0502024-11-080%
HSBC Midcap Fund194,0411.95234.69178,0502024-11-088.98%
Aditya Birla Sun Life Small Cap Fund158,4824.24230.52178,0502024-11-08-10.99%
Franklin India Smaller Companies Fund90,5970.91131.78178,0502024-11-08-49.12%
Aditya Birla Sun Life Multi-Cap Fund83,3851.85121.29178,0502024-11-08-53.17%
Canara Robeco Small Cap Fund67,5220.7898.21178,0502024-11-08-62.08%
Axis India Manufacturing Fund64,5341.4493.87178,0502024-11-08-63.76%
SBI ESG Exclusionary Strategy Fund75,0001.590.71178,0502024-11-08-57.88%
ICICI Prudential Technology Fund73,3330.6288.7178,0502024-11-08-58.81%

ROCE / ROE Trend

EPS Trend

No data available for the key financial ratios table.

No data available for the profitability ratios chart.

No data available for the liquidity ratios chart.

No data available for the liquidity ratios percentage chart.

No data available for the coverage ratios chart.

No data available for the valuation ratios chart.

Fair Value

Fair Value of Hitachi Energy India Ltd as of November 10, 2024 is: 12,530.78

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 November 10, 2024, Hitachi Energy India Ltd is Overvalued by 10.74% compared to the current share price ₹14,039.00

Intrinsic Value of Hitachi Energy India Ltd as of November 10, 2024 is: 12,846.31

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 10, 2024, Hitachi Energy India Ltd is Overvalued by 8.50% compared to the current share price 14,039.00

Last 5 Year EPS CAGR: 2.52%

*Investments are subject to market risks

Strength and Weakness

Unable to fetch valid data for stock valuation.
Financial or basic stock data is empty.

About the Company - Qualitative Analysis

Hitachi Energy India Ltd. is a Public Limited Listed company incorporated on 19/02/2019 and has its registered office in the State of Karnataka, India. Company’s Corporate Identification Number(CIN) is L31904KA2019PLC121597 and registration number is 121597. Currently Company is involved in the business activities of Manufacture of electricity distribution and control apparatus (electrical apparatus for switching or protecting electrical circuits (e.g. switches, fuses, voltage limiters, surge suppressors, junction boxes etc.) for a voltage exceeding 1000 volts; similar apparatus (including relays, sockets etc.) for a voltage not exceeding 1000 volts; boards, panels, consoles, cabinets and other bases equipped with two or more of the above apparatus for electricity control or distribution of electricity including power capacitors.). Company’s Total Operating Revenue is Rs. 4883.96 Cr. and Equity Capital is Rs. 8.48 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Electric Equipment - Switchgear/Circuit Breaker8th Floor, Brigade Opus, Bengaluru Karnataka 560092investors@hitachienergy.com
http://www.hitachienergy.com/in/en
Management
NamePosition Held
Mr. Achim Michael BraunChairman
Mr. Nuguri VenuManaging Director & CEO
Mr. Ismo Antero HakaDirector
Ms. Meena GaneshIndependent Director
Ms. Akila KrishnakumarIndependent Director
Mr. Mukesh Hari ButaniIndependent Director

FAQ

What is the latest fair value of Hitachi Energy India Ltd?

The latest fair value of Hitachi Energy India Ltd is ₹12530.78.

What is the Market Cap of Hitachi Energy India Ltd?

The Market Cap of Hitachi Energy India Ltd is 59,501 Cr..

What is the current Stock Price of Hitachi Energy India Ltd as on 09 November 2024?

The current stock price of Hitachi Energy India Ltd as on 09 November 2024 is 14,039.

What is the High / Low of Hitachi Energy India Ltd stocks in FY 2024?

In FY 2024, the High / Low of Hitachi Energy India Ltd stocks is 16,550/4,300.

What is the Stock P/E of Hitachi Energy India Ltd?

The Stock P/E of Hitachi Energy India Ltd is 298.

What is the Book Value of Hitachi Energy India Ltd?

The Book Value of Hitachi Energy India Ltd is 331.

What is the Dividend Yield of Hitachi Energy India Ltd?

The Dividend Yield of Hitachi Energy India Ltd is 0.03 %.

What is the ROCE of Hitachi Energy India Ltd?

The ROCE of Hitachi Energy India Ltd is 17.8 %.

What is the ROE of Hitachi Energy India Ltd?

The ROE of Hitachi Energy India Ltd is 12.7 %.

What is the Face Value of Hitachi Energy India Ltd?

The Face Value of Hitachi Energy India 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 Hitachi Energy India 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