NCC Limited operates as a construction and civil engineering company in India, Kuwait, Oman, and the United Arab Emirates. More Details
Excellent balance sheet and good value.
Share Price & News
How has NCC's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 500294 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 500294's weekly volatility (6%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 500294 exceeded the Indian Construction industry which returned 61.8% over the past year.
Return vs Market: 500294 exceeded the Indian Market which returned 59.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is NCC's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is NCC undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 500294 (₹84.5) is trading below our estimate of fair value (₹105.82)
Significantly Below Fair Value: 500294 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 500294 is poor value based on its PE Ratio (19.2x) compared to the Indian Construction industry average (18.8x).
PE vs Market: 500294 is good value based on its PE Ratio (19.2x) compared to the Indian market (21.8x).
Price to Earnings Growth Ratio
PEG Ratio: 500294 is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: 500294 is overvalued based on its PB Ratio (1x) compared to the IN Construction industry average (0.9x).
How is NCC forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 500294's forecast earnings growth (23.5% per year) is above the savings rate (6.8%).
Earnings vs Market: 500294's earnings (23.5% per year) are forecast to grow faster than the Indian market (21.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 500294's revenue (12.2% per year) is forecast to grow slower than the Indian market (12.6% per year).
High Growth Revenue: 500294's revenue (12.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 500294's Return on Equity is forecast to be low in 3 years time (7.5%).
How has NCC performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500294 has high quality earnings.
Growing Profit Margin: 500294's current net profit margins (3.4%) are lower than last year (3.8%).
Past Earnings Growth Analysis
Earnings Trend: 500294's earnings have grown by 13.4% per year over the past 5 years.
Accelerating Growth: 500294's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 500294 had negative earnings growth (-20.3%) over the past year, making it difficult to compare to the Construction industry average (-25.5%).
Return on Equity
High ROE: 500294's Return on Equity (5.2%) is considered low.
How is NCC's financial position?
Financial Position Analysis
Short Term Liabilities: 500294's short term assets (₹107.7B) exceed its short term liabilities (₹78.2B).
Long Term Liabilities: 500294's short term assets (₹107.7B) exceed its long term liabilities (₹2.5B).
Debt to Equity History and Analysis
Debt Level: 500294's debt to equity ratio (32%) is considered satisfactory.
Reducing Debt: 500294's debt to equity ratio has reduced from 86.3% to 32% over the past 5 years.
Debt Coverage: 500294's debt is well covered by operating cash flow (47.1%).
Interest Coverage: 500294's interest payments on its debt are not well covered by EBIT (1.5x coverage).
What is NCC current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 500294's dividend (0.95%) is higher than the bottom 25% of dividend payers in the Indian market (0.37%).
High Dividend: 500294's dividend (0.95%) is low compared to the top 25% of dividend payers in the Indian market (1.54%).
Stability and Growth of Payments
Stable Dividend: 500294's dividend payments have been volatile in the past 10 years.
Growing Dividend: 500294's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (18.2%), 500294's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 500294's dividends in 3 years are forecast to be thoroughly covered by earnings (5.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Alluri Ananta Venkata Raju (65 yo)
Mr. Alluri Ananta Venkata Ranga Raju has been the Managing Director of NCC Limited (Nagarjuna Construction Co Ltd.) since April 01, 2012 and serves as its Chief Executive Officer and Executive Director. Mr...
CEO Compensation Analysis
Compensation vs Market: Alluri Ananta Venkata's total compensation ($USD851.41K) is above average for companies of similar size in the Indian market ($USD379.23K).
Compensation vs Earnings: Alluri Ananta Venkata's compensation has been consistent with company performance over the past year.
Experienced Board: 500294's board of directors are considered experienced (7.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 500294 insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
NCC Limited's company bio, employee growth, exchange listings and data sources
- Name: NCC Limited
- Ticker: 500294
- Exchange: BSE
- Founded: 1978
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: ₹51.044b
- Shares outstanding: 609.85m
- Website: https://www.ncclimited.com
Number of Employees
- NCC Limited
- NCC House
NCC Limited operates as a construction and civil engineering company in India, Kuwait, Oman, and the United Arab Emirates. The company constructs industrial and commercial buildings, housing projects, IT p...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/24 17:28|
|End of Day Share Price||2021/06/24 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.