BSE:500159

Stock Analysis Report

Executive Summary

Metroglobal Limited operates in the dyes and dyes intermediates manufacturing, infrastructure and reality, and trading and finance businesses in India.

Snowflake

Fundamentals

Flawless balance sheet and undervalued.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-5.1%

500159

9.7%

IN Trade Distributors

2.4%

IN Market


1 Year Return

-30.8%

500159

-5.2%

IN Trade Distributors

8.0%

IN Market

Return vs Industry: 500159 underperformed the Indian Trade Distributors industry which returned -5.2% over the past year.

Return vs Market: 500159 underperformed the Indian Market which returned 8% over the past year.


Shareholder returns

500159IndustryMarket
7 Day-5.1%9.7%2.4%
30 Day-12.9%14.2%2.5%
90 Day-16.5%25.9%3.6%
1 Year-30.8%-30.8%-4.7%-5.2%10.3%8.0%
3 Year-48.2%-48.2%30.7%12.1%22.3%16.0%
5 Year-16.4%-16.4%50.1%-57.3%42.8%29.3%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 500159 (₹45.55) is trading below our estimate of fair value (₹467.22)

Significantly Below Fair Value: 500159 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 500159 is good value based on its PE Ratio (5.9x) compared to the Trade Distributors industry average (17.6x).

PE vs Market: 500159 is good value based on its PE Ratio (5.9x) compared to the Indian market (13x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 500159's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 500159 is good value based on its PB Ratio (0.2x) compared to the IN Trade Distributors industry average (0.8x).


Next Steps

Future Growth

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

8.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 500159's forecast earnings growth (8.7% per year) is above the savings rate (7.6%).

Earnings vs Market: 500159's earnings (8.7% per year) are forecast to grow slower than the Indian market (18.4% per year).

High Growth Earnings: 500159's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if 500159's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if 500159's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 500159's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Metroglobal performed over the past 5 years?

-11.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 500159's earnings have declined by -11.6% per year over the past 5 years.

Accelerating Growth: 500159's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 500159 had negative earnings growth (-29.3%) over the past year, making it difficult to compare to the Trade Distributors industry average (4.8%).


Return on Equity

High ROE: 500159's Return on Equity (3.9%) is considered low.


Return on Assets

ROA vs Industry: 500159's Return on Assets is below or equal to the Trade Distributors industry average last year.


Return on Capital Employed

ROCE Improving: 500159's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Metroglobal's financial position?


Financial Position Analysis

Short Term Liabilities: 500159's short term assets (₹2.7B) exceeds its short term liabilities (₹708.8M)

Long Term Liabilities: 500159's short term assets (2.7B) exceeds its long term liabilities (181.2M)


Debt to Equity History and Analysis

Debt Level: 500159's debt to equity ratio (9.1%) is considered satisfactory

Reducing Debt: 500159's debt to equity ratio has reduced from 30.7% to 9.1% over the past 5 years.

Debt Coverage: 500159's debt is well covered by operating cash flow (141.5%).

Interest Coverage: 500159's interest payments on its debt are well covered by EBIT (9.9x coverage).


Balance Sheet

Inventory Level: 500159 has a high level of physical assets or inventory.

Debt Coverage by Assets: 500159's debt is covered by short term assets (assets are 8.991530x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%0.6%markettop25%2.4%industryaverage0.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 500159's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 500159'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 500159's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 500159's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 500159 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 500159'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 Metroglobal's salary, the management and board of directors tenure and is there insider trading?

7.9yrs

Average board tenure


CEO

Gautamkumar Jain (67yo)

7.9yrs

Tenure

₹4,950,000

Compensation

Mr. Gautamkumar Mithalal Jain has been Chairman and Managing Director of Metroglobal Ltd., since November 12, 2011. Mr. Jain serves as the Chairman and Managing Director of Metrochem Industries Ltd. He ser ...


CEO Compensation Analysis

Compensation vs. Market: Gautamkumar's total compensation ($USD69.90K) is above average for companies of similar size in the Indian market ($USD33.85K).

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


Board Age and Tenure

7.9yrs

Average Tenure

46.5yo

Average Age

Experienced Board: 500159's board of directors are considered experienced (7.9 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

  • Gautamkumar Jain (67yo)

    Chairman & MD

    • Tenure: 7.9yrs
    • Compensation: ₹4.95m
  • Nitin Shah

    Company Secretary

    • Tenure: 0yrs
    • Compensation: ₹702.00k
  • Rahul Jain (36yo)

    Executive Director

    • Tenure: 7.9yrs
    • Compensation: ₹3.75m

Board Members

  • Gautamkumar Jain (67yo)

    Chairman & MD

    • Tenure: 7.9yrs
    • Compensation: ₹4.95m
  • Sandeep Bhandari (57yo)

    Independent Director

    • Tenure: 7.9yrs
  • Nilesh Desai (59yo)

    Independent Director

    • Tenure: 7.9yrs
  • Rahul Jain (36yo)

    Executive Director

    • Tenure: 7.9yrs
    • Compensation: ₹3.75m
  • Krati Jain (32yo)

    Woman Non-Executive Non-Independent Director

    • Tenure: 4.5yrs
    • Compensation: ₹297.00k
  • Prashant Kheskani (35yo)

    Additional Independent Director

    • Tenure: 0.9yrs

Company Information

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


Key Information

  • Name: Metroglobal Limited
  • Ticker: 500159
  • Exchange: BSE
  • Founded: 1992
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: ₹585.883m
  • Shares outstanding: 12.33m
  • Website: https://www.metrogloballimited.com

Location

  • Metroglobal Limited
  • 508-509, SHILP Building
  • 5th Floor
  • Ahmedabad
  • Gujarat
  • 380009
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
500159BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2002
METROGLOBLNSEI (National Stock Exchange of India)YesEquity SharesININRJan 2002

Biography

Metroglobal Limited operates in the dyes and dyes intermediates manufacturing, infrastructure and reality, and trading and finance businesses in India. The company trades in specialty chemicals, dye interm ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 12:46
End of Day Share Price2019/10/23 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.