NSEI:SINTERCOM

Stock Analysis Report

Executive Summary

Sintercom India Limited manufactures and sells sintered metal components and auto components for various automobile applications primarily in India.

Snowflake

Fundamentals

Flawless balance sheet with moderate growth potential.

Share Price & News

How has Sintercom India's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.1%

SINTERCOM

5.9%

IN Auto Components

3.9%

IN Market


1 Year Return

12.9%

SINTERCOM

-22.7%

IN Auto Components

6.0%

IN Market

Return vs Industry: SINTERCOM exceeded the Indian Auto Components industry which returned -22.7% over the past year.

Return vs Market: SINTERCOM exceeded the Indian Market which returned 6% over the past year.


Shareholder returns

SINTERCOMIndustryMarket
7 Day-1.1%5.9%3.9%
30 Day16.7%7.0%7.8%
90 Day10.7%0.6%2.5%
1 Year12.9%12.9%-21.9%-22.7%8.2%6.0%
3 Yearn/a-10.5%-12.7%23.0%16.7%
5 Yearn/a28.4%23.6%43.5%30.0%

Price Volatility Vs. Market

How volatile is Sintercom India's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Sintercom India undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: SINTERCOM (₹70) is trading below our estimate of fair value (₹175.24)

Significantly Undervalued: SINTERCOM is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: SINTERCOM is poor value based on its PE Ratio (30.8x) compared to the Auto Components industry average (12.9x).

PE vs Market: SINTERCOM is poor value based on its PE Ratio (30.8x) compared to the Indian market (13.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SINTERCOM is overvalued based on its PB Ratio (1.9x) compared to the IN Auto Components industry average (1.3x).


Next Steps

Future Growth

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

20.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SINTERCOM's forecast earnings growth (20.5% per year) is above the savings rate (7.6%).

Earnings vs Market: SINTERCOM's earnings (20.5% per year) are forecast to grow faster than the Indian market (18.2% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if SINTERCOM's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if SINTERCOM's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if SINTERCOM's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Sintercom India performed over the past 5 years?

41.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: SINTERCOM's earnings have grown significantly by 41.6% per year over the past 5 years.

Accelerating Growth: SINTERCOM's earnings growth over the past year (0.8%) is below its 5-year average (41.6% per year).

Earnings vs Industry: SINTERCOM earnings growth over the past year (0.8%) exceeded the Auto Components industry -4.6%.


Return on Equity

High ROE: SINTERCOM's Return on Equity (6.2%) is considered low.


Return on Assets

ROA vs Industry: SINTERCOM's Return on Assets is below or equal to the Auto Components industry average last year.


Return on Capital Employed

ROCE Improving: SINTERCOM's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Sintercom India's financial position?


Financial Position Analysis

Short Term Liabilities: SINTERCOM's short term assets (₹486.9M) exceeds its short term liabilities (₹460.2M)

Long Term Liabilities: SINTERCOM's short term assets (486.9M) exceeds its long term liabilities (148.4M)


Debt to Equity History and Analysis

Debt Level: SINTERCOM's debt to equity ratio (31.8%) is considered satisfactory

Reducing Debt: SINTERCOM's debt to equity ratio has reduced from 106.2% to 31.8% over the past 5 years.

Debt Coverage: SINTERCOM's debt is well covered by operating cash flow (74.8%).

Interest Coverage: SINTERCOM's interest payments on its debt are well covered by EBIT (4.4x coverage).


Balance Sheet

Inventory Level: SINTERCOM has a high level of physical assets or inventory.

Debt Coverage by Assets: SINTERCOM's debt is covered by short term assets (assets are 1.719200x debt).


Next Steps

Dividend

What is Sintercom India's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.4%industryaverage1.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate SINTERCOM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate SINTERCOM's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if SINTERCOM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SINTERCOM's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SINTERCOM's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

What is the CEO of Sintercom India's salary, the management and board of directors tenure and is there insider trading?

4.0yrs

Average board tenure


CEO

Jignesh Raval (47yo)

0yrs

Tenure

₹18,194,272

Compensation

Mr. Jignesh Raval has been on the Board of Directors of Sintercom India Ltd since June, 2007. Mr. Raval has been Managing Director of Sintercom India Ltd since January 1, 2018. He has around 19 years of w ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Jignesh's total compensation is reasonable compared to companies of similar size in the Indian market.

Compensation vs Earnings: Jignesh's compensation has increased by more than 20% in the past year.


Board Age and Tenure

4.0yrs

Average Tenure

59yo

Average Age

Experienced Board: SINTERCOM's board of directors are considered experienced (4 years average tenure).


Insider Trading

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


Ownership Breakdown


Management Team

  • Jignesh Raval (47yo)

    MD & Director

    • Tenure: 0yrs
    • Compensation: ₹18.19m
  • Pankaj Bhatawadekar (38yo)

    Chief Financial Officer

    • Tenure: 0yrs
  • Nikhil Chavan (33yo)

    Senior General Manager of Marketing & Engineering

    • Tenure: 0yrs
  • Anuja Joshi (30yo)

    Company Secretary & Compliance Officer

    • Tenure: 0yrs
  • Sachin Gunjal (36yo)

    Head - Manufacturing

    • Tenure: 0yrs

Board Members

  • Hari Nair (59yo)

    Chairman

    • Tenure: 4yrs
  • Harald Neubert (63yo)

    Non-Executive Non Independent Director

    • Tenure: 5.8yrs
  • Madan Godse (60yo)

    Non-Executive Independent Director

    • Tenure: 1.9yrs
    • Compensation: ₹250.00k
  • Jignesh Raval (47yo)

    MD & Director

    • Tenure: 0yrs
    • Compensation: ₹18.19m
  • Preeti Ramdasi (38yo)

    Non-Executive Independent Director

    • Tenure: 1.9yrs
    • Compensation: ₹200.00k

Company Information

Sintercom India Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sintercom India Limited
  • Ticker: SINTERCOM
  • Exchange: NSEI
  • Founded: 2007
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: ₹1.694b
  • Shares outstanding: 24.20m
  • Website: https://www.sintercom.co.in

Number of Employees


Location

  • Sintercom India Limited
  • Gat No. 127
  • At Post Mangrul
  • Pune
  • Maharashtra
  • 410507
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SINTERCOMNSEI (National Stock Exchange of India)YesEquity SharesININRFeb 2018

Biography

Sintercom India Limited manufactures and sells sintered metal components and auto components for various automobile applications primarily in India. The company offers engine components, including drive ge ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 13:07
End of Day Share Price2019/10/18 00:00
Earnings2019/03/31
Annual Earnings2019/03/31


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.