Ultra Wiring Connectivity System Limited engages in the manufacture and sale of wires, cables, and allied components in India.
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.
7 Day Return
IN Auto Components
1 Year Return
IN Auto Components
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.
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
2 months ago | Simply Wall StHow Do Ultra Wiring Connectivity System Limited’s (NSE:UWCSL) Returns On Capital Compare To Peers?
4 months ago | Simply Wall StUltra Wiring Connectivity System Limited (NSE:UWCSL) Vies For A Place In Your Dividend Portfolio: Here's Why
5 months ago | Simply Wall StShareholders Should Look Hard At Ultra Wiring Connectivity System Limited’s (NSE:UWCSL) 8.4%Return On Capital
Is Ultra Wiring Connectivity System undervalued compared to its fair value and its price relative to the market?
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).
How is Ultra Wiring Connectivity System forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Examine Ultra Wiring Connectivity System'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.
- Ultra Wiring Connectivity System competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Automobiles industry.
How has Ultra Wiring Connectivity System performed over the past 5 years?
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.
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).
What is Ultra Wiring Connectivity System current dividend yield, its reliability and sustainability?
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sanjay Mathur (56 yo)
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.
|Chairman & MD||2.5yrs||₹3.00m||25.07% |
|Chief Financial Officer||2.5yrs||no data||0.31% |
|Company Secretary||1.42yrs||no data||no data|
|Plant Head||no data||no data||no data|
|Regional Head of West||no data||no data||1.38% |
Experienced Management: UWCSL's management team is considered experienced (2.5 years average tenure).
|Chairman & MD||2.5yrs||₹3.00m||25.07% |
|Independent Director||2.5yrs||no data||0.23% |
|Independent Director||2.42yrs||no data||no data|
Experienced Board: UWCSL's board of directors are not considered experienced ( 2.5 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: Shareholders have not been meaningfully diluted in the past year.
Ultra Wiring Connectivity System Limited's company bio, employee growth, exchange listings and data sources
- 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
- Ultra Wiring Connectivity System Limited
- HSIDC Industrial Estate
- Plot No. 287-A & B
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|UWCSL||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Oct 2018|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/09 12:48|
|End of Day Share Price||2020/06/05 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.