SHIGAN Stock Overview
Shigan Quantum Technologies Limited designs, develops, manufactures, assembles, and sells various alternate fuel system components in India.
Shigan Quantum Technologies Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹92.10|
|52 Week High||₹140.00|
|52 Week Low||₹58.20|
|1 Month Change||-4.01%|
|3 Month Change||-24.79%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||43.79%|
Recent News & Updates
Market Cool On Shigan Quantum Technologies Limited's (NSE:SHIGAN) Earnings Pushing Shares 29% Lower
Shigan Quantum Technologies Limited ( NSE:SHIGAN ) shares have retraced a considerable 29% in the last month, reversing...
|SHIGAN||IN Auto Components||IN Market|
Return vs Industry: Insufficient data to determine how SHIGAN performed against the Indian Auto Components industry.
Return vs Market: Insufficient data to determine how SHIGAN performed against the Indian Market.
|SHIGAN Average Weekly Movement||9.9%|
|Auto Components Industry Average Movement||6.1%|
|Market Average Movement||6.4%|
|10% most volatile stocks in IN Market||9.1%|
|10% least volatile stocks in IN Market||4.2%|
Stable Share Price: SHIGAN is more volatile than 90% of Indian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: Insufficient data to determine SHIGAN's volatility change over the past year.
About the Company
Shigan Quantum Technologies Limited designs, develops, manufactures, assembles, and sells various alternate fuel system components in India. It offers compressed natural gas (CNG), liquified natural gas (LNG), and hydrogen fuel kit systems. The company’s products portfolio includes CNG filters, engine control units, fuel rails, high-pressure regulators, injectors, fire detection and suppression systems, CNG tubes and fittings, filler valves, and fueling monitoring filtration delivery modules.
Shigan Quantum Technologies Fundamentals Summary
|SHIGAN fundamental statistics|
Is SHIGAN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SHIGAN income statement (TTM)|
|Cost of Revenue||₹2.10b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||5.73|
|Net Profit Margin||4.08%|
How did SHIGAN perform over the long term?See historical performance and comparison
Is SHIGAN undervalued compared to its fair value, analyst forecasts and its price relative to the market?
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
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SHIGAN?
Other financial metrics that can be useful for relative valuation.
|What is SHIGAN's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does SHIGAN's PE Ratio compare to its peers?
|SHIGAN PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
543214 NDR Auto Components
530919 Remsons Industries
523638 IP Rings
BHARATGEAR Bharat Gears
SHIGAN Shigan Quantum Technologies
Price-To-Earnings vs Peers: SHIGAN is good value based on its Price-To-Earnings Ratio (16.1x) compared to the peer average (17.1x).
Price to Earnings Ratio vs Industry
How does SHIGAN's PE Ratio compare vs other companies in the IN Auto Components Industry?
Price-To-Earnings vs Industry: SHIGAN is good value based on its Price-To-Earnings Ratio (16.1x) compared to the Indian Auto Components industry average (22.9x)
Price to Earnings Ratio vs Fair Ratio
What is SHIGAN'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.
|Current PE Ratio||16.1x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SHIGAN's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of SHIGAN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate SHIGAN's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate SHIGAN's fair value for valuation analysis.
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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How is Shigan Quantum Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Shigan Quantum Technologies 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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- Check out Shigan Quantum Technologies's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Shigan Quantum Technologies competitive advantages and company strategy can generally be found in its financial reports archived here.
How has Shigan Quantum Technologies performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SHIGAN has a high level of non-cash earnings.
Growing Profit Margin: SHIGAN's current net profit margins (4.1%) are higher than last year (3.7%).
Past Earnings Growth Analysis
Earnings Trend: SHIGAN's earnings have grown significantly by 34.7% per year over the past 5 years.
Accelerating Growth: SHIGAN's earnings growth over the past year (180.9%) exceeds its 5-year average (34.7% per year).
Earnings vs Industry: SHIGAN earnings growth over the past year (180.9%) exceeded the Auto Components industry 19.4%.
Return on Equity
High ROE: SHIGAN's Return on Equity (19.9%) is considered low.
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How is Shigan Quantum Technologies's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: SHIGAN's short term assets (₹1.3B) exceed its short term liabilities (₹868.7M).
Long Term Liabilities: SHIGAN's short term assets (₹1.3B) exceed its long term liabilities (₹18.9M).
Debt to Equity History and Analysis
Debt Level: SHIGAN has more cash than its total debt.
Reducing Debt: Insufficient data to determine if SHIGAN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SHIGAN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SHIGAN's interest payments on its debt are well covered by EBIT (6.4x coverage).
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What is Shigan Quantum Technologies's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SHIGAN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SHIGAN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SHIGAN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SHIGAN's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as SHIGAN has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Shishir Agrawal (56 yo)
Mr. Shishir Agrawal is Managing Director of SHIGAN Quantum Technologies Pvt Ltd from October 6, 2021 and its Executive Director from October 20, 2008. He is a professionally qualified Chartered Accountant....
Experienced Management: SHIGAN's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Experienced Board: SHIGAN's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.
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.
Dilution of Shares: SHIGAN only recently listed within the past 12 months.
Shigan Quantum Technologies Limited's employee growth, exchange listings and data sources
- Name: Shigan Quantum Technologies Limited
- Ticker: SHIGAN
- Exchange: NSEI
- Founded: 2008
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Implied Market Cap: ₹1.586b
- Shares outstanding: 17.22m
- Website: https://www.shigan-quantum.com
- Shigan Quantum Technologies Limited
- Shyam Udyog Parisar
- Ground Floor and First Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/11 00:00|
|End of Day Share Price||2022/08/11 00:00|
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.