Stovec Industries Limited develops, produces, and sells textile and graphic printing consumables and printing machines in India.
Stovec Industries Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹2,371.60|
|52 Week High||₹1,680.00|
|52 Week Low||₹2,949.00|
|1 Month Change||-6.16%|
|3 Month Change||-11.44%|
|1 Year Change||31.21%|
|3 Year Change||-2.60%|
|5 Year Change||12.97%|
|Change since IPO||8,370.00%|
Recent News & Updates
|504959||IN Machinery||IN Market|
Return vs Industry: 504959 underperformed the Indian Machinery industry which returned 92% over the past year.
Return vs Market: 504959 underperformed the Indian Market which returned 64.8% over the past year.
Stable Share Price: 504959 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 504959's weekly volatility (5%) has been stable over the past year.
About the Company
Stovec Industries Limited develops, produces, and sells textile and graphic printing consumables and printing machines in India. It operates through Textile Consumables and Textile Machinery, Graphics Product, and Galvanic segments. The Textile Consumables and Textile Machinery segment offers perforated rotary screens, lacquer and auxiliary chemicals, rotary screen-printing machines, engraving equipment, components, and spares, as well as digital links.
Stovec Industries Fundamentals Summary
|504959 fundamental statistics|
Is 504959 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|504959 income statement (TTM)|
|Cost of Revenue||₹1.11b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||129.97|
|Net Profit Margin||13.18%|
How did 504959 perform over the long term?See historical performance and comparison
0.9%Current Dividend Yield
Is Stovec Industries 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: 504959 (₹2371.6) is trading below our estimate of fair value (₹3199.42)
Significantly Below Fair Value: 504959 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 504959 is good value based on its PE Ratio (18.2x) compared to the Indian Machinery industry average (23.8x).
PE vs Market: 504959 is good value based on its PE Ratio (18.2x) compared to the Indian market (21.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 504959's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 504959 is overvalued based on its PB Ratio (3.3x) compared to the IN Machinery industry average (1.9x).
How is Stovec Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods 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 Stovec Industries 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.
How has Stovec Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 504959 has high quality earnings.
Growing Profit Margin: 504959's current net profit margins (13.2%) are higher than last year (11.8%).
Past Earnings Growth Analysis
Earnings Trend: 504959's earnings have declined by 8.5% per year over the past 5 years.
Accelerating Growth: 504959's earnings growth over the past year (40.2%) exceeds its 5-year average (-8.5% per year).
Earnings vs Industry: 504959 earnings growth over the past year (40.2%) underperformed the Machinery industry 74.7%.
Return on Equity
High ROE: 504959's Return on Equity (18.3%) is considered low.
How is Stovec Industries's financial position?
Financial Position Analysis
Short Term Liabilities: 504959's short term assets (₹1.5B) exceed its short term liabilities (₹364.9M).
Long Term Liabilities: 504959's short term assets (₹1.5B) exceed its long term liabilities (₹20.5M).
Debt to Equity History and Analysis
Debt Level: 504959 is debt free.
Reducing Debt: 504959 has not had any debt for past 5 years.
Debt Coverage: 504959 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 504959 has no debt, therefore coverage of interest payments is not a concern.
What is Stovec Industries's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 504959's dividend (0.93%) is higher than the bottom 25% of dividend payers in the Indian market (0.33%).
High Dividend: 504959's dividend (0.93%) is low compared to the top 25% of dividend payers in the Indian market (1.36%).
Stability and Growth of Payments
Stable Dividend: 504959's dividend payments have been volatile in the past 10 years.
Growing Dividend: 504959's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (16.9%), 504959's dividend payments are well 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
Shailesh Wani (53 yo)
Mr. Shailesh Chandrakrishna Wani has been Managing Director and Executive Director of Stovec Industries, Ltd. since October 1, 2013. He has attended Indian Institute of Management, Bangalore and studied BE...
CEO Compensation Analysis
Compensation vs Market: Shailesh's total compensation ($USD193.29K) is above average for companies of similar size in the Indian market ($USD38.97K).
Compensation vs Earnings: Shailesh's compensation has been consistent with company performance over the past year.
Experienced Management: 504959's management team is considered experienced (4.4 years average tenure).
Experienced Board: 504959's board of directors are considered experienced (5.3 years average tenure).
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.
Stovec Industries Limited's employee growth, exchange listings and data sources
- Name: Stovec Industries Limited
- Ticker: 504959
- Exchange: BSE
- Founded: 1973
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: ₹4.952b
- Shares outstanding: 2.09m
- Website: https://www.spgprints.com/spgprints-group/companies-agents/stovec-industries-ltd
Number of Employees
- Stovec Industries Limited
- N.I.D.C. Near Lambha Village
- Post Narol
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/14 15:33|
|End of Day Share Price||2021/10/14 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.