| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
FINCABLES Stock Overview
Finolex Cables Limited manufactures and sells electrical and communication cables, and other electrical appliances in India.
Finolex Cables Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹529.85 |
| 52 Week High | ₹608.60 |
| 52 Week Low | ₹350.00 |
| Beta | 1.04 |
| 1 Month Change | -4.13% |
| 3 Month Change | 9.37% |
| 1 Year Change | 42.91% |
| 3 Year Change | 20.68% |
| 5 Year Change | 28.60% |
| Change since IPO | 527.04% |
Recent News & Updates
Calculating The Fair Value Of Finolex Cables Limited (NSE:FINCABLES)
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Finolex Cables Limited...
What Is Finolex Cables Limited's (NSE:FINCABLES) Share Price Doing?
Finolex Cables Limited ( NSE:FINCABLES ), is not the largest company out there, but it saw significant share price...
Shareholder Returns
| FINCABLES | IN Electrical | IN Market | |
|---|---|---|---|
| 7D | -0.2% | 2.7% | 2.2% |
| 1Y | 42.9% | 67.1% | 36.2% |
Return vs Industry: FINCABLES underperformed the Indian Electrical industry which returned 67.1% over the past year.
Return vs Market: FINCABLES exceeded the Indian Market which returned 36.2% over the past year.
Price Volatility
| FINCABLES volatility | |
|---|---|
| FINCABLES Average Weekly Movement | 5.2% |
| Electrical Industry Average Movement | 7.7% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in IN Market | 9.8% |
| 10% least volatile stocks in IN Market | 4.1% |
Stable Share Price: FINCABLES is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: FINCABLES's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1958 | 1,649 | n/a | https://www.finolex.com |
Finolex Cables Limited manufactures and sells electrical and communication cables, and other electrical appliances in India. The company operates through Electrical Cables, Communication Cables, Copper Rods, and Others segments. It offers electrical cables, such as 1100V and motor winding PVC insulated, automotive/battery, UPS, elevator, and solar cables, as well as heavy duty, underground, low and high voltage, power, and control cables; and communication cables, including optic fiber, coaxial, local area network, CCTV, speaker, jelly filled telephone, PE insulated telephone, and V-SAT cables.
Finolex Cables Fundamentals Summary
| FINCABLES fundamental statistics | |
|---|---|
| Market Cap | ₹81.03b |
| Earnings (TTM) | ₹5.46b |
| Revenue (TTM) | ₹33.60b |
14.8x
P/E Ratio2.4x
P/S RatioIs FINCABLES overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FINCABLES income statement (TTM) | |
|---|---|
| Revenue | ₹33.60b |
| Cost of Revenue | ₹25.51b |
| Gross Profit | ₹8.08b |
| Expenses | ₹2.62b |
| Earnings | ₹5.46b |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 35.72 |
| Gross Margin | 24.06% |
| Net Profit Margin | 16.26% |
| Debt/Equity Ratio | 0% |
How did FINCABLES perform over the long term?
See historical performance and comparisonDividends
1.0%
Current Dividend Yield15%
Payout RatioValuation
Is Finolex Cables undervalued compared to its fair value and its price relative to the market?
0.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FINCABLES (₹529.85) is trading below our estimate of fair value (₹530.91)
Significantly Below Fair Value: FINCABLES is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: FINCABLES is good value based on its PE Ratio (14.8x) compared to the Indian Electrical industry average (24.2x).
PE vs Market: FINCABLES is good value based on its PE Ratio (14.8x) compared to the Indian market (23.5x).
Price to Earnings Growth Ratio
PEG Ratio: FINCABLES is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: FINCABLES is overvalued based on its PB Ratio (2.3x) compared to the IN Electrical industry average (1.9x).
Future Growth
How is Finolex Cables forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
10.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FINCABLES's forecast earnings growth (10.1% per year) is above the savings rate (6.7%).
Earnings vs Market: FINCABLES's earnings (10.1% per year) are forecast to grow slower than the Indian market (20.6% per year).
High Growth Earnings: FINCABLES's earnings are forecast to grow, but not significantly.
Revenue vs Market: FINCABLES's revenue (8.7% per year) is forecast to grow slower than the Indian market (12.7% per year).
High Growth Revenue: FINCABLES's revenue (8.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FINCABLES's Return on Equity is forecast to be low in 3 years time (14.9%).
Past Performance
How has Finolex Cables performed over the past 5 years?
5.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FINCABLES has a high level of non-cash earnings.
Growing Profit Margin: FINCABLES's current net profit margins (16.3%) are higher than last year (13.3%).
Past Earnings Growth Analysis
Earnings Trend: FINCABLES's earnings have grown by 5.4% per year over the past 5 years.
Accelerating Growth: FINCABLES's earnings growth over the past year (73.9%) exceeds its 5-year average (5.4% per year).
Earnings vs Industry: FINCABLES earnings growth over the past year (73.9%) underperformed the Electrical industry 73.9%.
Return on Equity
High ROE: FINCABLES's Return on Equity (15.3%) is considered low.
Financial Health
How is Finolex Cables's financial position?
Financial Position Analysis
Short Term Liabilities: FINCABLES's short term assets (₹26.5B) exceed its short term liabilities (₹3.9B).
Long Term Liabilities: FINCABLES's short term assets (₹26.5B) exceed its long term liabilities (₹2.3B).
Debt to Equity History and Analysis
Debt Level: FINCABLES is debt free.
Reducing Debt: FINCABLES has no debt compared to 5 years ago when its debt to equity ratio was 1.3%.
Debt Coverage: FINCABLES has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FINCABLES has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Finolex Cables's current dividend yield, its reliability and sustainability?
1.04%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FINCABLES's dividend (1.04%) is higher than the bottom 25% of dividend payers in the Indian market (0.3%).
High Dividend: FINCABLES's dividend (1.04%) is low compared to the top 25% of dividend payers in the Indian market (1.34%).
Stability and Growth of Payments
Stable Dividend: FINCABLES's dividends per share have been stable in the past 10 years.
Growing Dividend: FINCABLES's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (15.4%), FINCABLES's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FINCABLES's dividends in 3 years are forecast to be well covered by earnings (15.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
Finolex Cables has no CEO, or we have no data on them.
Leadership Team
Experienced Management: FINCABLES's management team is considered experienced (3.3 years average tenure).
Board Members
Experienced Board: FINCABLES's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.
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
Finolex Cables Limited's employee growth, exchange listings and data sources
Key Information
- Name: Finolex Cables Limited
- Ticker: FINCABLES
- Exchange: NSEI
- Founded: 1958
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Implied Market Cap: ₹81.035b
- Shares outstanding: 152.94m
- Website: https://www.finolex.com
Number of Employees
Location
- Finolex Cables Limited
- 26-27, Mumbai-Pune Road
- Pimpri
- Pune
- Maharashtra
- 411018
- India
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/17 16:16 |
| End of Day Share Price | 2022/01/17 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2021/03/31 |
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.