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5317

Menon Pistons BSE:531727 Stock Report

Last Price

₹41.80

Market Cap

₹2.1b

7D

6.6%

1Y

54.8%

Updated

25 Jun, 2022

Data

Company Financials
531727 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends3/6

531727 Stock Overview

Menon Pistons Limited manufactures and sells auto components in India.

Menon Pistons Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Menon Pistons
Historical stock prices
Current Share Price₹41.80
52 Week High₹64.80
52 Week Low₹26.20
Beta0.64
1 Month Change3.85%
3 Month Change-16.57%
1 Year Change54.82%
3 Year Change135.49%
5 Year Change80.17%
Change since IPO1,000.00%

Recent News & Updates

Shareholder Returns

531727IN Auto ComponentsIN Market
7D6.6%4.7%2.3%
1Y54.8%-7.9%-0.9%

Return vs Industry: 531727 exceeded the Indian Auto Components industry which returned -7.9% over the past year.

Return vs Market: 531727 exceeded the Indian Market which returned -0.9% over the past year.

Price Volatility

Is 531727's price volatile compared to industry and market?
531727 volatility
531727 Average Weekly Movement6.2%
Auto Components Industry Average Movement6.1%
Market Average Movement6.9%
10% most volatile stocks in IN Market9.9%
10% least volatile stocks in IN Market4.5%

Stable Share Price: 531727 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 531727's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1969368Sachin Menonhttps://www.menonpistons.com

Menon Pistons Limited manufactures and sells auto components in India. It offers pistons, gudgeon pins, piston rings, and circlips for applications in heavy and light commercial vehicles, tractors, passenger cars, jeeps and utility vehicles, stationary engines, bi-wheelers, diesel engines, gasoline engines, CNG engines, and natural gas engines. The company also exports its products.

Menon Pistons Fundamentals Summary

How do Menon Pistons's earnings and revenue compare to its market cap?
531727 fundamental statistics
Market Cap₹2.13b
Earnings (TTM)₹188.00m
Revenue (TTM)₹2.12b

11.3x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
531727 income statement (TTM)
Revenue₹2.12b
Cost of Revenue₹918.63m
Gross Profit₹1.21b
Other Expenses₹1.02b
Earnings₹188.00m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)3.69
Gross Margin56.76%
Net Profit Margin8.85%
Debt/Equity Ratio31.3%

How did 531727 perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

20%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 531727 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 531727?

Other financial metrics that can be useful for relative valuation.

531727 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.1x
Enterprise Value/EBITDA7x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 531727's PE Ratio compare to its peers?

531727 PE Ratio vs Peers
The above table shows the PE ratio for 531727 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average65.5x

Price-To-Earnings vs Peers: 531727 is good value based on its Price-To-Earnings Ratio (11.3x) compared to the peer average (65.5x).


Price to Earnings Ratio vs Industry

How does 531727's PE Ratio compare vs other companies in the Indian Auto Components Industry?

Price-To-Earnings vs Industry: 531727 is good value based on its Price-To-Earnings Ratio (11.3x) compared to the Indian Auto Components industry average (21.9x)


Price to Earnings Ratio vs Fair Ratio

What is 531727's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

531727 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 531727's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 531727 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 531727 (₹41.8) is trading above our estimate of fair value (₹6.7)

Significantly Below Fair Value: 531727 is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 531727's PEG Ratio to determine if it is good value.


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Future Growth

How is Menon Pistons forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


29.8%

Forecasted Automobiles industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Menon Pistons has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

Past Performance

How has Menon Pistons performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


16.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 531727 has a high level of non-cash earnings.

Growing Profit Margin: 531727's current net profit margins (8.8%) are higher than last year (6.5%).


Past Earnings Growth Analysis

Earnings Trend: 531727's earnings have grown by 16.4% per year over the past 5 years.

Accelerating Growth: 531727's earnings growth over the past year (110.4%) exceeds its 5-year average (16.4% per year).

Earnings vs Industry: 531727 earnings growth over the past year (110.4%) exceeded the Auto Components industry 33.8%.


Return on Equity

High ROE: 531727's Return on Equity (19.5%) is considered low.


Discover strong past performing companies

Financial Health

How is Menon Pistons's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 531727's short term assets (₹950.3M) exceed its short term liabilities (₹405.8M).

Long Term Liabilities: 531727's short term assets (₹950.3M) exceed its long term liabilities (₹211.2M).


Debt to Equity History and Analysis

Debt Level: 531727's net debt to equity ratio (29.5%) is considered satisfactory.

Reducing Debt: 531727's debt to equity ratio has increased from 20.7% to 31.3% over the past 5 years.

Debt Coverage: 531727's debt is not well covered by operating cash flow (4.4%).

Interest Coverage: 531727's interest payments on its debt are well covered by EBIT (18.6x coverage).


Balance Sheet


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Dividend

What is Menon Pistons's current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.79%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 531727's dividend (1.79%) is higher than the bottom 25% of dividend payers in the Indian market (0.43%).

High Dividend: 531727's dividend (1.79%) is low compared to the top 25% of dividend payers in the Indian market (1.89%).


Stability and Growth of Payments

Stable Dividend: 531727's dividend payments have been volatile in the past 10 years.

Growing Dividend: 531727's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (20.3%), 531727's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 531727 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

4.8yrs

Average board tenure


CEO

Sachin Menon (58 yo)

no data

Tenure

₹7,906,000

Compensation

Mr. Sachin Ram Menon serves as the Managing Director of Menon Pistons Ltd. He has been Executive Director of Menon Pistons Ltd. since June 15, 1991.Mr. Menon has been Chairman at Menon Pistons Limited si...


CEO Compensation Analysis

Compensation vs Market: Sachin's total compensation ($USD101.01K) is above average for companies of similar size in the Indian market ($USD38.38K).

Compensation vs Earnings: Sachin's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: 531727's board of directors are considered experienced (4.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Menon Pistons Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Menon Pistons Limited
  • Ticker: 531727
  • Exchange: BSE
  • Founded: 1969
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Implied Market Cap: ₹2.132b
  • Shares outstanding: 51.00m
  • Website: https://www.menonpistons.com

Number of Employees


Location

  • Menon Pistons Limited
  • 182, Shiroli
  • Shiroli
  • Kolhapur
  • Maharashtra
  • 416122
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/25 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.