| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
ELGIRUBCO Stock Overview
Elgi Rubber Company Limited, together with its subsidiaries, engages in the manufacture and sale of reclaimed rubber, retreading machinery, and retread rubber in India and internationally.
Elgi Rubber Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹29.15 |
| 52 Week High | ₹49.80 |
| 52 Week Low | ₹26.60 |
| Beta | 0.77 |
| 1 Month Change | -7.31% |
| 3 Month Change | -7.46% |
| 1 Year Change | -22.16% |
| 3 Year Change | 48.72% |
| 5 Year Change | -32.83% |
| Change since IPO | -14.27% |
Recent News & Updates
Is Elgi Rubber (NSE:ELGIRUBCO) Using Too Much Debt?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Is Elgi Rubber (NSE:ELGIRUBCO) A Risky Investment?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Elgi Rubber (NSE:ELGIRUBCO) Has A Somewhat Strained Balance Sheet
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Shareholder Returns
| ELGIRUBCO | IN Machinery | IN Market | |
|---|---|---|---|
| 7D | 3.7% | 2.2% | 2.3% |
| 1Y | -22.2% | 22.8% | -0.9% |
Return vs Industry: ELGIRUBCO underperformed the Indian Machinery industry which returned 22.8% over the past year.
Return vs Market: ELGIRUBCO underperformed the Indian Market which returned -0.9% over the past year.
Price Volatility
| ELGIRUBCO volatility | |
|---|---|
| ELGIRUBCO Average Weekly Movement | 10.7% |
| Machinery Industry Average Movement | 6.5% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in IN Market | 9.9% |
| 10% least volatile stocks in IN Market | 4.5% |
Stable Share Price: ELGIRUBCO is more volatile than 90% of Indian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: ELGIRUBCO's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of Indian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2006 | 454 | Sudarsan Varadaraj | https://www.elgirubber.com |
Elgi Rubber Company Limited, together with its subsidiaries, engages in the manufacture and sale of reclaimed rubber, retreading machinery, and retread rubber in India and internationally. It offers tire retread and repair systems under the Jet brand name; buffing machine, air control, and dust collection systems, as well as hubs and rims under the CRS brand; retread auxiliary machines, exhaust, rubber dust handling, and monorail and tire handling equipment under the Armonas brand name; rasp blades, hubs, and spacers under the Pincott brand name; and brazed carbide tools under the Carbrasive brand name. The company also provides gums, adhesives, and sealants under the Midwest Rubber brand name; tire and tube repair products under the Westernweld name; reclaimed rubber under the Ecorr brand name; and coloured and black rubber compounds under the Rubber Compounding Holland brand.
Elgi Rubber Fundamentals Summary
| ELGIRUBCO fundamental statistics | |
|---|---|
| Market Cap | ₹1.46b |
| Earnings (TTM) | -₹163.54m |
| Revenue (TTM) | ₹3.90b |
0.4x
P/S Ratio-8.9x
P/E RatioIs ELGIRUBCO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ELGIRUBCO income statement (TTM) | |
|---|---|
| Revenue | ₹3.90b |
| Cost of Revenue | ₹1.95b |
| Gross Profit | ₹1.94b |
| Other Expenses | ₹2.11b |
| Earnings | -₹163.54m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -3.27 |
| Gross Margin | 49.88% |
| Net Profit Margin | -4.20% |
| Debt/Equity Ratio | 160.5% |
How did ELGIRUBCO perform over the long term?
See historical performance and comparisonValuation
Is ELGIRUBCO undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for ELGIRUBCO?
Other financial metrics that can be useful for relative valuation.
| What is ELGIRUBCO's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | ₹1.46b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1x |
| Enterprise Value/EBITDA | 69.6x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does ELGIRUBCO's PS Ratio compare to its peers?
| ELGIRUBCO PS Ratio vs Peers |
|---|
| Company | PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 0.6x |
Price-To-Sales vs Peers: ELGIRUBCO is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (0.6x).
Price to Earnings Ratio vs Industry
How does ELGIRUBCO's PE Ratio compare vs other companies in the Indian Machinery Industry?
Price-To-Sales vs Industry: ELGIRUBCO is good value based on its Price-To-Sales Ratio (0.4x) compared to the Indian Machinery industry average (1.3x)
Price to Sales Ratio vs Fair Ratio
What is ELGIRUBCO's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 0.4x |
| Fair PS Ratio | n/a |
Price-To-Sales vs Fair Ratio: Insufficient data to calculate ELGIRUBCO's Price-To-Sales Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of ELGIRUBCO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate ELGIRUBCO's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate ELGIRUBCO's fair value for valuation analysis.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ELGIRUBCO's PEG Ratio to determine if it is good value.
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Future Growth
How is Elgi Rubber forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
19.0%
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 Elgi Rubber 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.
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- Examine Elgi Rubber'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.
- Elgi Rubber competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Elgi Rubber performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-5.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ELGIRUBCO is currently unprofitable.
Growing Profit Margin: ELGIRUBCO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ELGIRUBCO is unprofitable, and losses have increased over the past 5 years at a rate of 5.8% per year.
Accelerating Growth: Unable to compare ELGIRUBCO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ELGIRUBCO is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (42.4%).
Return on Equity
High ROE: ELGIRUBCO has a negative Return on Equity (-10.18%), as it is currently unprofitable.
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Financial Health
How is Elgi Rubber's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: ELGIRUBCO's short term assets (₹2.2B) exceed its short term liabilities (₹2.2B).
Long Term Liabilities: ELGIRUBCO's short term assets (₹2.2B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: ELGIRUBCO's net debt to equity ratio (145%) is considered high.
Reducing Debt: ELGIRUBCO's debt to equity ratio has increased from 106.2% to 160.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ELGIRUBCO has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: ELGIRUBCO has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 37.2% each year
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Dividend
What is Elgi Rubber current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ELGIRUBCO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ELGIRUBCO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ELGIRUBCO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ELGIRUBCO's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: ELGIRUBCO is not paying a notable dividend for the Indian market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as ELGIRUBCO has not reported any payouts.
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Management
How experienced are the management team and are they aligned to shareholders interests?
1.6yrs
Average management tenure
CEO
Sudarsan Varadaraj (63 yo)
no data
Tenure
₹7,640,000
Compensation
Mr. Sudarsan Varadaraj serves as Independent Director at Kovilpatti Lakshmi Roller Flour Mills Limited since November 18, 2020. He serves as the Managing Director at Elgi Rubber Company Ltd. Mr. Varadaraj...
CEO Compensation Analysis
Compensation vs Market: Sudarsan's total compensation ($USD97.61K) is above average for companies of similar size in the Indian market ($USD38.38K).
Compensation vs Earnings: Sudarsan's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: ELGIRUBCO's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
Experienced Board: ELGIRUBCO's board of directors are seasoned and experienced ( 11.4 years average tenure).
Ownership
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Elgi Rubber Company Limited's employee growth, exchange listings and data sources
Key Information
- Name: Elgi Rubber Company Limited
- Ticker: ELGIRUBCO
- Exchange: NSEI
- Founded: 2006
- Industry: Industrial Machinery
- Sector: Capital Goods
- Implied Market Cap: ₹1.459b
- Shares outstanding: 50.05m
- Website: https://www.elgirubber.com
Number of Employees
Location
- Elgi Rubber Company Limited
- 2000, Trichy Road
- Coimbatore
- Tamil Nadu
- 641005
- India
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/25 00:00 |
| End of Day Share Price | 2022/06/24 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2022/03/31 |
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.