RKEC Stock Overview
RKEC Projects Limited operates as an engineering construction company in India.
RKEC Projects Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹36.80|
|52 Week High||₹117.00|
|52 Week Low||₹36.00|
|1 Month Change||-18.94%|
|3 Month Change||-28.47%|
|1 Year Change||-61.18%|
|3 Year Change||-33.09%|
|5 Year Change||n/a|
|Change since IPO||-56.96%|
Recent News & Updates
RKEC Projects (NSE:RKEC) Has A Somewhat Strained Balance Sheet
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Returns On Capital At RKEC Projects (NSE:RKEC) Paint A Concerning Picture
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
Here's Why RKEC Projects (NSE:RKEC) Has A Meaningful Debt Burden
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
|RKEC||IN Construction||IN Market|
Return vs Industry: RKEC underperformed the Indian Construction industry which returned -5.5% over the past year.
Return vs Market: RKEC underperformed the Indian Market which returned -0.9% over the past year.
|RKEC Average Weekly Movement||7.9%|
|Construction Industry Average Movement||7.1%|
|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: RKEC is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: RKEC's weekly volatility (8%) has been stable over the past year.
About the Company
RKEC Projects Limited operates as an engineering construction company in India. The company constructs marine structures, such as wharves, berths, jetties, mooring dolphins, intake structures break waters, and coastal-shore protection works; and roads and bridges, as well as steel girders/PSU girders, and composite girders. It also undertakes building and infrastructure works, including civil works for power and refinery projects port development works, transmission lines, sports complex, buildings works, water intake systems, heavy RCC pre-stressed concrete and steel structures, and framed warehouses/industrial sheds; and rural electrification and LT/HT works.
RKEC Projects Fundamentals Summary
|RKEC fundamental statistics|
Is RKEC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RKEC income statement (TTM)|
|Cost of Revenue||₹1.57b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||2.97|
|Net Profit Margin||3.38%|
How did RKEC perform over the long term?See historical performance and comparison
3.3%Current Dividend Yield
Is RKEC 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 RKEC?
Other financial metrics that can be useful for relative valuation.
|What is RKEC's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does RKEC's PE Ratio compare to its peers?
|RKEC PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
Price-To-Earnings vs Peers: RKEC is good value based on its Price-To-Earnings Ratio (12.4x) compared to the peer average (47.1x).
Price to Earnings Ratio vs Industry
How does RKEC's PE Ratio compare vs other companies in the Indian Construction Industry?
Price-To-Earnings vs Industry: RKEC is good value based on its Price-To-Earnings Ratio (12.4x) compared to the Indian Construction industry average (16.3x)
Price to Earnings Ratio vs Fair Ratio
What is RKEC'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||12.4x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate RKEC's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of RKEC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: RKEC (₹36.8) is trading above our estimate of fair value (₹14.9)
Significantly Below Fair Value: RKEC is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RKEC's PEG Ratio to determine if it is good value.
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How is RKEC Projects 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 RKEC Projects 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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How has RKEC Projects performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RKEC has high quality earnings.
Growing Profit Margin: RKEC's current net profit margins (3.4%) are lower than last year (6.1%).
Past Earnings Growth Analysis
Earnings Trend: RKEC's earnings have declined by 6.5% per year over the past 5 years.
Accelerating Growth: RKEC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RKEC had negative earnings growth (-44.2%) over the past year, making it difficult to compare to the Construction industry average (33.4%).
Return on Equity
High ROE: RKEC's Return on Equity (5.2%) is considered low.
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How is RKEC Projects's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: RKEC's short term assets (₹3.1B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: RKEC's short term assets (₹3.1B) exceed its long term liabilities (₹503.2M).
Debt to Equity History and Analysis
Debt Level: RKEC's net debt to equity ratio (54.8%) is considered high.
Reducing Debt: RKEC's debt to equity ratio has increased from 1.3% to 103% over the past 5 years.
Debt Coverage: RKEC's debt is not well covered by operating cash flow (8.3%).
Interest Coverage: RKEC's interest payments on its debt are not well covered by EBIT (1.6x coverage).
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What is RKEC Projects's current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RKEC's dividend (3.26%) is higher than the bottom 25% of dividend payers in the Indian market (0.43%).
High Dividend: RKEC's dividend (3.26%) is in the top 25% of dividend payers in the Indian market (1.89%)
Stability and Growth of Payments
Stable Dividend: RKEC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: RKEC has only been paying a dividend for 4 years, and since then payments have fallen.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.4%), RKEC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.7%), RKEC's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Garapati Radhakrishna serves as a Managing Director and Chairman at RKEC Projects Limited. Mr. Radhakrishna holds a B.E.
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Garapati's total compensation is reasonable compared to companies of similar size in the Indian market.
Compensation vs Earnings: Garapati's compensation has been consistent with company performance over the past year.
Experienced Management: RKEC's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Experienced Board: RKEC's board of directors are considered experienced (3.1 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.
RKEC Projects Limited's employee growth, exchange listings and data sources
- Name: RKEC Projects Limited
- Ticker: RKEC
- Exchange: NSEI
- Founded: 2005
- Industry: Construction and Engineering
- Sector: Capital Goods
- Implied Market Cap: ₹882.854m
- Shares outstanding: 23.99m
- Website: https://www.rkecprojects.com
Number of Employees
- RKEC Projects Limited
- No 10-12-1, Rednam Alcazar
- 3rd Floor
- Andhra Pradesh
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|
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.