517059 Stock Overview
Salzer Electronics Limited manufactures and supplies CAM operated rotary switches, selector switches, wiring ducts, voltmeter switches, and allied products primarily in India.
Salzer Electronics Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹226.15|
|52 Week High||₹263.50|
|52 Week Low||₹138.30|
|1 Month Change||29.60%|
|3 Month Change||25.19%|
|1 Year Change||35.18%|
|3 Year Change||100.84%|
|5 Year Change||21.88%|
|Change since IPO||1,808.44%|
Recent News & Updates
|517059||IN Electrical||IN Market|
Return vs Industry: 517059 exceeded the Indian Electrical industry which returned 25% over the past year.
Return vs Market: 517059 exceeded the Indian Market which returned 8.2% over the past year.
|517059 Average Weekly Movement||8.0%|
|Electrical Industry Average Movement||6.5%|
|Market Average Movement||6.4%|
|10% most volatile stocks in IN Market||9.0%|
|10% least volatile stocks in IN Market||4.1%|
Stable Share Price: 517059 is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: 517059's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.
About the Company
Salzer Electronics Limited manufactures and supplies CAM operated rotary switches, selector switches, wiring ducts, voltmeter switches, and allied products primarily in India. The company offers industrial components, including cable ducts; cam operated rotary switches; changeover switches and solar isolators; general purpose relays; load break and photovoltaic isolators; and changeovers; relays; sensors; limit and foot switches; terminal connectors; customized control panels; and industrial plug and sockets. It also provides toroidal transformers, CT's and rogowski coils, inductors, chokes, filters, and three phase dry type transformers; business segment products, including automatic source changeover with current limiter, distribution boards, miniature circuit breakers, modular switches and speciality, movement sensors, remote switches, single phase motor starters, and house wires; copper segments, such as industrial wires and cables, busbars and wire harness, enamelled copper wire, bunched copper conductors, tinned copper wires, and lan cables; motor control products, which include contractors and overload relays, motor protection circuit breaker, and miniature circuit breakers; and energy savers and panels, and street light controllers, as well as angle and batten holders, and wire duct cutters.
Salzer Electronics Fundamentals Summary
|517059 fundamental statistics|
Is 517059 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|517059 income statement (TTM)|
|Cost of Revenue||₹7.03b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||16.74|
|Net Profit Margin||3.01%|
How did 517059 perform over the long term?See historical performance and comparison
0.8%Current Dividend Yield
Does 517059 pay a reliable dividends?See 517059 dividend history and benchmarks
|Salzer Electronics dividend dates|
|Ex Dividend Date||Aug 25 2022|
|Dividend Pay Date||Oct 10 2022|
|Days until Ex dividend||11 days|
|Days until Dividend pay date||57 days|
Does 517059 pay a reliable dividends?See 517059 dividend history and benchmarks
Is 517059 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 517059?
Other financial metrics that can be useful for relative valuation.
|What is 517059's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 517059's PE Ratio compare to its peers?
|517059 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
504036 Hind Rectifiers
504058 Indo National
533193 Kirloskar Electric
MARINE Marine Electricals (India)
517059 Salzer Electronics
Price-To-Earnings vs Peers: 517059 is good value based on its Price-To-Earnings Ratio (13.5x) compared to the peer average (32.6x).
Price to Earnings Ratio vs Industry
How does 517059's PE Ratio compare vs other companies in the IN Electrical Industry?
Price-To-Earnings vs Industry: 517059 is good value based on its Price-To-Earnings Ratio (13.5x) compared to the Indian Electrical industry average (20.4x)
Price to Earnings Ratio vs Fair Ratio
What is 517059's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||13.5x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 517059's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of 517059 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 517059 (₹226.15) is trading above our estimate of fair value (₹19.58)
Significantly Below Fair Value: 517059 is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
Discover undervalued companies
How is Salzer Electronics forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Salzer Electronics 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.
Discover growth companies
- Take a look at our analysis of 517059’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Salzer Electronics competitive advantages and company strategy can generally be found in its financial reports archived here.
How has Salzer Electronics performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 517059 has high quality earnings.
Growing Profit Margin: 517059's current net profit margins (3%) are lower than last year (3.5%).
Past Earnings Growth Analysis
Earnings Trend: 517059's earnings have grown by 5.8% per year over the past 5 years.
Accelerating Growth: 517059's earnings growth over the past year (11.6%) exceeds its 5-year average (5.8% per year).
Earnings vs Industry: 517059 earnings growth over the past year (11.6%) underperformed the Electrical industry 32.2%.
Return on Equity
High ROE: 517059's Return on Equity (8.3%) is considered low.
Discover strong past performing companies
How is Salzer Electronics's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 517059's short term assets (₹5.0B) exceed its short term liabilities (₹3.6B).
Long Term Liabilities: 517059's short term assets (₹5.0B) exceed its long term liabilities (₹324.2M).
Debt to Equity History and Analysis
Debt Level: 517059's net debt to equity ratio (66.4%) is considered high.
Reducing Debt: 517059's debt to equity ratio has increased from 51.7% to 70.5% over the past 5 years.
Debt Coverage: 517059's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 517059's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Discover healthy companies
What is Salzer Electronics's current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 517059's dividend (0.8%) is higher than the bottom 25% of dividend payers in the Indian market (0.39%).
High Dividend: 517059's dividend (0.8%) is low compared to the top 25% of dividend payers in the Indian market (1.7%).
Stability and Growth of Payments
Stable Dividend: 517059's dividend payments have been volatile in the past 10 years.
Growing Dividend: 517059's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.7%), 517059's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 517059 is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Rajesh Doraiswamy (51 yo)
Mr. Rajeshkumar Doraiswamy, also known as Rajesh, serves as Non-Executive & Non-Independent Director of Kaycee Industries Limited since July 29, 2019. He joined Salzer Electronics Limited in December 12, 2...
CEO Compensation Analysis
Compensation vs Market: Rajesh's total compensation ($USD83.60K) is above average for companies of similar size in the Indian market ($USD37.69K).
Compensation vs Earnings: Rajesh's compensation has been consistent with company performance over the past year.
Experienced Board: 517059's board of directors are seasoned and experienced ( 23.9 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Salzer Electronics Limited's employee growth, exchange listings and data sources
- Name: Salzer Electronics Limited
- Ticker: 517059
- Exchange: BSE
- Founded: 1985
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Implied Market Cap: ₹3.614b
- Shares outstanding: 15.98m
- Website: https://www.salzergroup.net
Number of Employees
- Salzer Electronics Limited
- Tamil Nadu
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/13 00:00|
|End of Day Share Price||2022/08/12 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.