CG Power and Industrial Solutions (NSE:CGPOWER) Is Achieving High Returns On Its Capital
Aug 20
Indian (NIFTY) Electrical Industry Analysis
UpdatedAug 20, 2024
DataAggregated Company Financials
Companies109
- 7D1.9%
- 3M10.3%
- 1Y96.0%
- YTD59.5%
In the last week, the Electrical industry is up 1.9%, with Havells India up 4.0%. In the last 12 months, the industry was up 96%. As for the next few years, earnings are expected to grow by 30% per annum.
Industry Valuation and Performance
Has the Indian Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 20 Aug 2024 | ₹11.9t | ₹1.9t | ₹149.3b | 54.6x | 80x | 6.2x |
| Thu, 18 Jul 2024 | ₹11.7t | ₹1.8t | ₹135.2b | 52.3x | 86.2x | 6.3x |
| Sat, 15 Jun 2024 | ₹11.4t | ₹1.8t | ₹135.8b | 45.8x | 83.6x | 6.1x |
| Mon, 13 May 2024 | ₹9.6t | ₹1.8t | ₹127.5b | 44.9x | 75.1x | 5.3x |
| Wed, 10 Apr 2024 | ₹8.9t | ₹1.8t | ₹119.5b | 36.6x | 74.1x | 5x |
| Fri, 08 Mar 2024 | ₹8.2t | ₹1.8t | ₹119.2b | 37.5x | 69.1x | 4.7x |
| Sun, 04 Feb 2024 | ₹7.7t | ₹1.7t | ₹114.6b | 41.5x | 66.8x | 4.4x |
| Tue, 02 Jan 2024 | ₹7.4t | ₹1.7t | ₹110.9b | 37x | 66.7x | 4.4x |
| Thu, 30 Nov 2023 | ₹6.7t | ₹1.7t | ₹110.8b | 35.2x | 60.7x | 4x |
| Sat, 28 Oct 2023 | ₹5.9t | ₹1.7t | ₹102.0b | 37.4x | 58x | 3.6x |
| Mon, 25 Sep 2023 | ₹6.2t | ₹1.6t | ₹98.4b | 36.8x | 62.6x | 3.8x |
| Wed, 23 Aug 2023 | ₹5.9t | ₹1.6t | ₹96.6b | 30.7x | 60.7x | 3.7x |
| Fri, 21 Jul 2023 | ₹5.6t | ₹1.5t | ₹115.7b | 29.8x | 48.1x | 3.6x |
| Sun, 18 Jun 2023 | ₹5.1t | ₹1.5t | ₹113.4b | 26.9x | 45.1x | 3.3x |
| Tue, 16 May 2023 | ₹4.5t | ₹1.5t | ₹81.9b | 22.9x | 54.5x | 3.1x |
| Thu, 13 Apr 2023 | ₹3.9t | ₹1.4t | ₹77.0b | 20.5x | 51.1x | 2.7x |
| Sat, 11 Mar 2023 | ₹4.0t | ₹1.4t | ₹77.0b | 19.2x | 51.6x | 2.8x |
| Mon, 06 Feb 2023 | ₹3.8t | ₹1.4t | ₹76.8b | 19.6x | 48.9x | 2.6x |
| Wed, 04 Jan 2023 | ₹3.6t | ₹1.4t | ₹76.9b | 22.8x | 47x | 2.6x |
| Fri, 02 Dec 2022 | ₹3.8t | ₹1.4t | ₹79.0b | 21.9x | 48.1x | 2.7x |
| Sun, 30 Oct 2022 | ₹3.6t | ₹1.4t | ₹79.2b | 23.3x | 46x | 2.6x |
| Tue, 27 Sep 2022 | ₹3.5t | ₹1.4t | ₹79.0b | 22.2x | 44.6x | 2.6x |
| Thu, 25 Aug 2022 | ₹3.5t | ₹1.4t | ₹79.0b | 20.5x | 44.1x | 2.6x |
| Sat, 23 Jul 2022 | ₹3.3t | ₹1.1t | ₹73.5b | 20.7x | 44.7x | 3x |
| Mon, 20 Jun 2022 | ₹2.8t | ₹1.2t | ₹72.8b | 19.5x | 38.8x | 2.3x |
| Wed, 18 May 2022 | ₹3.1t | ₹1.2t | ₹52.9b | 19.4x | 58.2x | 2.5x |
| Fri, 15 Apr 2022 | ₹3.2t | ₹1.2t | ₹61.4b | 19x | 52.5x | 2.7x |
| Sun, 13 Mar 2022 | ₹2.9t | ₹1.2t | ₹60.1b | 18.1x | 48.6x | 2.5x |
| Tue, 08 Feb 2022 | ₹3.1t | ₹1.1t | ₹58.0b | 23.4x | 54.2x | 2.7x |
| Thu, 06 Jan 2022 | ₹3.3t | ₹1.1t | ₹37.9b | 22.2x | 86.8x | 2.9x |
| Sat, 04 Dec 2021 | ₹3.2t | ₹1.1t | ₹37.9b | 19.5x | 83.4x | 2.8x |
| Mon, 01 Nov 2021 | ₹3.0t | ₹1.1t | ₹25.2b | 25.8x | 120.4x | 2.8x |
| Wed, 29 Sep 2021 | ₹2.8t | ₹1.0t | ₹21.5b | 27.5x | 130.6x | 2.8x |
| Fri, 27 Aug 2021 | ₹2.6t | ₹1.0t | ₹21.8b | 22.4x | 118.9x | 2.5x |
Price to Earnings Ratio
118.9x
Current Industry PE
- Investors are optimistic on the Indian Electrical industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 80.0x which is higher than its 3-year average PE of 66.9x.
- The 3-year average PS ratio of 3.4x is lower than the industry's current PS ratio of 6.2x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have grown 90% per year over the last three years.
- Revenues for these companies have grown 23% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Industrials industry?
| IN Market | 0.96% | |
| Industrials | 0.34% | |
| Electrical | 1.87% | |
| Heavy Electrical Equipment | 2.81% | |
| Electrical Components | 1.03% | |
Industry PE
- Investors are most optimistic about the Heavy Electrical Equipment industry which is trading above its 3-year average PE ratio of 84.9x.
- Analysts are expecting annual earnings growth of 39.7%, which is higher than its past year's earnings growth of 26.8% per year.
- Investors are most pessimistic about the Electrical Components industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 42.4x.
Forecasted Growth
- Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 40% over the next 5 years.
- This is better than its past earnings growth rate of 27% per year.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 20% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CGPOWER CG Power and Industrial Solutions | ₹735.55 | 6.2% +₹65.2b | 73.1% | PE122.9x | |
| POLYCAB Polycab India | ₹6.79k | 5.8% +₹56.0b | 35.8% | PE57.3x | |
| 500002 ABB India | ₹7.80k | 3.4% +₹53.9b | 80.3% | PE102.7x | |
| POWERINDIA Hitachi Energy India | ₹12.41k | 9.1% +₹43.7b | 178.9% | PE306.1x | |
| HAVELLS Havells India | ₹1.89k | 3.5% +₹40.2b | 43.2% | PE85.1x |
