NSEI:UWCSL

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Ultra Wiring Connectivity System

Executive Summary

Ultra Wiring Connectivity System Limited engages in the manufacture and sale of wires, cables, and allied components in India.


Snowflake Analysis

Flawless balance sheet and slightly overvalued.

Share Price & News

How has Ultra Wiring Connectivity System's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: UWCSL has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

UWCSL

4.8%

IN Auto Components

2.3%

IN Market


1 Year Return

-14.6%

UWCSL

-0.006%

IN Auto Components

2.5%

IN Market

Return vs Industry: UWCSL underperformed the Indian Auto Components industry which returned -0% over the past year.

Return vs Market: UWCSL underperformed the Indian Market which returned 2.5% over the past year.


Shareholder returns

UWCSLIndustryMarket
7 Day0%4.8%2.3%
30 Day0%3.1%4.2%
90 Dayn/a29.8%22.1%
1 Year-14.3%-14.6%1.3%-0.006%4.4%2.5%
3 Yearn/a-28.1%-30.2%5.3%0.3%
5 Yearn/a-10.3%-14.1%29.9%20.2%

Price Volatility Vs. Market

How volatile is Ultra Wiring Connectivity System's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Ultra Wiring Connectivity System undervalued compared to its fair value and its price relative to the market?

13.98x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: UWCSL (₹23.9) is trading above our estimate of fair value (₹0.58)

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


Price To Earnings Ratio

PE vs Industry: UWCSL is good value based on its PE Ratio (14x) compared to the IN Auto Components industry average (20.9x).

PE vs Market: UWCSL is poor value based on its PE Ratio (14x) compared to the Indian market (13.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: UWCSL is good value based on its PB Ratio (1x) compared to the IN Auto Components industry average (1.1x).


Next Steps

Future Growth

How is Ultra Wiring Connectivity System forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

27.5%

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 Ultra Wiring Connectivity System 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.


Next Steps

Past Performance

How has Ultra Wiring Connectivity System performed over the past 5 years?

11.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UWCSL has high quality earnings.

Growing Profit Margin: UWCSL's current net profit margins (4.8%) are lower than last year (5.1%).


Past Earnings Growth Analysis

Earnings Trend: UWCSL's earnings have grown by 11.9% per year over the past 5 years.

Accelerating Growth: UWCSL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: UWCSL had negative earnings growth (-11.7%) over the past year, making it difficult to compare to the Auto Components industry average (-44.1%).


Return on Equity

High ROE: UWCSL's Return on Equity (7%) is considered low.


Next Steps

Financial Health

How is Ultra Wiring Connectivity System's financial position?


Financial Position Analysis

Short Term Liabilities: UWCSL's short term assets (₹148.4M) exceed its short term liabilities (₹75.3M).

Long Term Liabilities: UWCSL's short term assets (₹148.4M) exceed its long term liabilities (₹49.9M).


Debt to Equity History and Analysis

Debt Level: UWCSL's debt to equity ratio (35%) is considered satisfactory.

Reducing Debt: UWCSL's debt to equity ratio has reduced from 93% to 35% over the past 5 years.

Debt Coverage: UWCSL's debt is well covered by operating cash flow (20.9%).

Interest Coverage: UWCSL's interest payments on its debt are well covered by EBIT (5x coverage).


Balance Sheet


Next Steps

Dividend

What is Ultra Wiring Connectivity System current dividend yield, its reliability and sustainability?

0.42%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: UWCSL's dividend (0.42%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.63%).

High Dividend: UWCSL's dividend (0.42%) is low compared to the top 25% of dividend payers in the Indian market (2.63%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether UWCSL's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if UWCSL's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (5.8%), UWCSL's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

2.5yrs

Average management tenure


CEO

Sanjay Mathur (56 yo)

2.5yrs

Tenure

₹3,000,000

Compensation

Mr. Sanjay Mathur serves as Managing Director since Febrary 16, 2018 and Chairman of Ultra Wiring Connectivity System Limited and also has been its Director since June 1, 2005.


CEO Compensation Analysis

Compensation vs Market: Sanjay's total compensation ($USD39.99K) is about average for companies of similar size in the Indian market ($USD49.19K).

Compensation vs Earnings: Sanjay's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Sanjay Mathur
Chairman & MD2.5yrs₹3.00m25.07%
₹ 31.2m
Prabhat Bhatia
Chief Financial Officer2.5yrsno data0.31%
₹ 382.4k
Shivam Kaushik
Company Secretary1.42yrsno datano data
Santosh Chabra
Plant Headno datano datano data
Ranjeet Arora
Regional Head of Westno datano data1.38%
₹ 1.7m

2.5yrs

Average Tenure

Experienced Management: UWCSL's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sanjay Mathur
Chairman & MD2.5yrs₹3.00m25.07%
₹ 31.2m
Archana Mathur
Director15.17yrs₹3.00m48.48%
₹ 60.3m
Rajindarr Ahuja
Independent Director2.5yrsno data0.23%
₹ 286.8k
Aditya Mathur
Independent Director2.42yrsno datano data

2.5yrs

Average Tenure

Experienced Board: UWCSL's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


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

Ultra Wiring Connectivity System Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ultra Wiring Connectivity System Limited
  • Ticker: UWCSL
  • Exchange: NSEI
  • Founded: 1991
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: ₹124.365m
  • Shares outstanding: 5.20m
  • Website: https://www.ultrawiring.com

Number of Employees


Location

  • Ultra Wiring Connectivity System Limited
  • HSIDC Industrial Estate
  • Plot No. 287-A & B
  • Faridabad
  • Haryana
  • 121004
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UWCSLNSEI (National Stock Exchange of India)YesEquity SharesININROct 2018

Biography

Ultra Wiring Connectivity System Limited engages in the manufacture and sale of wires, cables, and allied components in India. The company provides connectors, bulb holders, covers and brackets, cable ties ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/09 12:48
End of Day Share Price2020/06/05 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.