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Sterling and Wilson Solar

Market Cap

₹43.3b

Last Updated

2021/05/16 12:21 UTC

Data Sources

Company Financials

Executive Summary

Sterling and Wilson Solar Limited provides engineering, procurement, and construction (EPC) services to solar power projects. More Details


Snowflake Analysis

Adequate balance sheet and slightly overvalued.


Similar Companies

Share Price & News

How has Sterling and Wilson Solar's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SWSOLAR is more volatile than 90% of Indian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: SWSOLAR's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of Indian stocks.


Market Performance


7 Day Return

-12.2%

SWSOLAR

4.5%

IN Construction

-0.4%

IN Market


1 Year Return

129.9%

SWSOLAR

72.6%

IN Construction

66.2%

IN Market

Return vs Industry: SWSOLAR exceeded the Indian Construction industry which returned 72.6% over the past year.

Return vs Market: SWSOLAR exceeded the Indian Market which returned 66.2% over the past year.


Shareholder returns

SWSOLARIndustryMarket
7 Day-12.2%4.5%-0.4%
30 Day-12.9%3.2%3.1%
90 Day14.3%-5.1%2.7%
1 Year129.9%129.9%76.5%72.6%68.7%66.2%
3 Yearn/a-4.4%-9.0%31.0%24.5%
5 Yearn/a56.6%45.6%92.8%78.1%

Long-Term Price Volatility Vs. Market

How volatile is Sterling and Wilson Solar's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Sterling and Wilson Solar undervalued compared to its fair value and its price relative to the market?

32.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SWSOLAR (₹269.75) is trading below our estimate of fair value (₹401.84)

Significantly Below Fair Value: SWSOLAR is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: SWSOLAR is poor value based on its PE Ratio (22.3x) compared to the Indian Construction industry average (18.4x).

PE vs Market: SWSOLAR is poor value based on its PE Ratio (22.3x) compared to the Indian market (19.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SWSOLAR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SWSOLAR is overvalued based on its PB Ratio (4.1x) compared to the IN Construction industry average (0.8x).


Future Growth

How is Sterling and Wilson Solar forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.8%

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 Sterling and Wilson Solar 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.


Past Performance

How has Sterling and Wilson Solar performed over the past 5 years?

-58.9%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: SWSOLAR has a large one-off gain of ₹441.1M impacting its December 31 2020 financial results.

Growing Profit Margin: SWSOLAR's current net profit margins (3.4%) are lower than last year (8.1%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if SWSOLAR's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: SWSOLAR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SWSOLAR had negative earnings growth (-58.9%) over the past year, making it difficult to compare to the Construction industry average (-28%).


Return on Equity

High ROE: SWSOLAR's Return on Equity (17.6%) is considered low.


Financial Health

How is Sterling and Wilson Solar's financial position?


Financial Position Analysis

Short Term Liabilities: SWSOLAR's short term assets (₹41.8B) exceed its short term liabilities (₹32.4B).

Long Term Liabilities: SWSOLAR's short term assets (₹41.8B) exceed its long term liabilities (₹215.7M).


Debt to Equity History and Analysis

Debt Level: SWSOLAR's debt to equity ratio (90.8%) is considered high.

Reducing Debt: Insufficient data to determine if SWSOLAR's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: SWSOLAR's debt is well covered by operating cash flow (43.9%).

Interest Coverage: SWSOLAR earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Sterling and Wilson Solar current dividend yield, its reliability and sustainability?

2.22%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SWSOLAR's dividend (2.22%) is higher than the bottom 25% of dividend payers in the Indian market (0.41%).

High Dividend: SWSOLAR's dividend (2.22%) is in the top 25% of dividend payers in the Indian market (1.71%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, SWSOLAR has been paying a dividend for less than 10 years.

Growing Dividend: SWSOLAR has only been paying a dividend for 2 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: Unable to calculate sustainability of dividends as SWSOLAR has not reported any payouts.


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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.0yrs

Average management tenure


CEO

Sterling and Wilson Solar has no CEO, or we have no data on them.


Leadership Team

Experienced Management: SWSOLAR's management team is considered experienced (3 years average tenure).


Board Members

Experienced Board: SWSOLAR's board of directors are not considered experienced ( 2.2 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: SWSOLAR insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Sterling and Wilson Solar Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sterling and Wilson Solar Limited
  • Ticker: SWSOLAR
  • Exchange: NSEI
  • Founded: 2011
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: ₹43.257b
  • Shares outstanding: 160.36m
  • Website: https://www.sterlingandwilson.com

Number of Employees


Location

  • Sterling and Wilson Solar Limited
  • Universal Majestic
  • 9th Floor
  • Mumbai
  • Maharashtra
  • 400043
  • India

Listings


Biography

Sterling and Wilson Solar Limited provides engineering, procurement, and construction (EPC) services to solar power projects. Its EPC services primarily include the design and engineering functions, procur...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/16 12:21
End of Day Share Price2021/05/14 00:00
Earnings2020/12/31
Annual Earnings2020/03/31


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.