Precision Camshafts Limited, together with its subsidiaries, engages in the manufacture and sale of camshaft castings and machined camshafts to the automobile and railway industries in India, rest of Asia, China, Europe, and internationally.
Precision Camshafts Limited, together with its subsidiaries, engages in the manufacture and sale of camshaft castings and machined camshafts to the automobile and railway industries in India, rest of Asia, China, Europe, and internationally. It offers chilled cast iron, ductile iron, hybrid, and assembled camshafts for the automotive industry; fuel injector components for conventional and DRDi diesel engines; stainless steel components for instrumentation and equipment; balancer shafts and assemblies; prismatic components, such as powertrain, brakes, and chassis components; and electric trucks and buses, and drivelines. The company provides approximately 150 varieties of camshafts for passenger vehicles.
Precision Camshafts Fundamentals Summary
How do Precision Camshafts's earnings and revenue compare to its market cap?
Is 539636 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
0/6
Valuation Score 0/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 539636?
Other financial metrics that can be useful for relative valuation.
The above table shows the n/a ratio for 539636. This is calculated by dividing 539636's market cap by their current
preferred multiple.
What is 539636's n/a Ratio?
n/a Ratio
0x
n/a
n/a
Market Cap
₹11.67b
539636 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.
Price-To-Earnings vs Industry: 539636 is expensive based on its Price-To-Earnings Ratio (27x) compared to the Indian Auto Components industry average (22.6x)
Price to Earnings Ratio vs Fair Ratio
What is 539636'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.
539636 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio
27x
Fair PE Ratio
n/a
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 539636's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of 539636 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 539636 (₹122.9) is trading above our estimate of fair value (₹41.53)
Significantly Below Fair Value: 539636 is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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Future Growth
How is Precision Camshafts 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
31.1%
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 Precision Camshafts 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.
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Examine Precision Camshafts's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
Precision Camshafts competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Precision Camshafts performed over the past 5 years?
Past Performance Score
3/6
Past Performance Score 3/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-3.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 539636 has a large one-off gain of ₹271.7M impacting its June 30 2022 financial results.
Growing Profit Margin: 539636's current net profit margins (4.7%) are higher than last year (0.9%).
Past Earnings Growth Analysis
Earnings Trend: 539636's earnings have declined by 3.1% per year over the past 5 years.
Accelerating Growth: 539636's earnings growth over the past year (481.8%) exceeds its 5-year average (-3.1% per year).
Earnings vs Industry: 539636 earnings growth over the past year (481.8%) exceeded the Auto Components industry 14.9%.
Return on Equity
High ROE: 539636's Return on Equity (6.3%) is considered low.
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Financial Health
How is Precision Camshafts's financial position?
Financial Health Score
5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: 539636's short term assets (₹6.4B) exceed its short term liabilities (₹3.1B).
Long Term Liabilities: 539636's short term assets (₹6.4B) exceed its long term liabilities (₹645.4M).
Debt to Equity History and Analysis
Debt Level: 539636 has more cash than its total debt.
Reducing Debt: 539636's debt to equity ratio has increased from 19.4% to 21.4% over the past 5 years.
Debt Coverage: 539636's debt is well covered by operating cash flow (59.9%).
Interest Coverage: 539636's interest payments on its debt are well covered by EBIT (3.9x coverage).
Balance Sheet
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Dividend
What is Precision Camshafts'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
Cash Flow Coverage
0.89%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 539636's dividend (0.9%) is higher than the bottom 25% of dividend payers in the Indian market (0.39%).
High Dividend: 539636's dividend (0.9%) is low compared to the top 25% of dividend payers in the Indian market (1.7%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 539636 has been paying a dividend for less than 10 years.
Growing Dividend: 539636's dividend payments have increased, but the company has only paid a dividend for 6 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.2%), 539636's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.6%), 539636's dividend payments are well covered by cash flows.
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Management
How experienced are the management team and are they aligned to shareholders interests?
1.1yrs
Average management tenure
CEO
Yatin Shah (60 yo)
no data
Tenure
₹34,347,000
Compensation
Mr. Yatin Subhash Shah is the Founder of Precision Camshafts Limited and serves as its Chairman and Managing Director. Leading a group of over 2000 employees, Mr. Shah has been the Strategist and mind behi...
CEO Compensation Analysis
Compensation vs Market: Yatin's total compensation ($USD433.02K) is above average for companies of similar size in the Indian market ($USD37.73K).
Compensation vs Earnings: Yatin's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: 539636's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
Experienced Board: 539636's board of directors are considered experienced (8.1 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
Precision Camshafts Limited's employee growth, exchange listings and data sources
All financial data provided by Standard & Poor's Capital IQ.
Data
Last Updated (UTC time)
Company Analysis
2022/08/17 00:00
End of Day Share Price
2022/08/17 00:00
Earnings
2022/06/30
Annual Earnings
2022/03/31
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.