Titagarh Wagons (NSEI:TWL) - Share price, News & Analysis

TWL fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

TWL Stock Overview

Titagarh Wagons Limited manufactures and sells freight wagons, passenger coaches, and metro trains in India and internationally.

Rewards

Earnings have grown 34.9% per year over the past 5 years

Risk Analysis

No risks detected for TWL from our risk checks.

Titagarh Wagons Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Titagarh Wagons
Historical stock prices
Current Share Price	₹96.25
52 Week High	₹124.00
52 Week Low	₹64.60
Beta	1.1
1 Month Change	-5.55%
3 Month Change	-4.47%
1 Year Change	47.17%
3 Year Change	51.93%
5 Year Change	-17.52%
Change since IPO	-31.92%

Shareholder Returns

	TWL	IN Machinery	IN Market
7D	-4.4%	2.2%	2.3%
1Y	47.2%	22.8%	-0.9%

Return vs Industry: TWL exceeded the Indian Machinery industry which returned 23.5% over the past year.

Return vs Market: TWL exceeded the Indian Market which returned -1.7% over the past year.

Price Volatility

Is TWL's price volatile compared to industry and market?
TWL volatility
TWL Average Weekly Movement	7.2%
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: TWL is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: TWL's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1997	633	Umesh Chowdhary	https://www.titagarh.in

Titagarh Wagons Limited manufactures and sells freight wagons, passenger coaches, and metro trains in India and internationally. It operates through Freight Rolling Stock, Passenger Rolling Stock, Shipbuilding, and Others segments. The company offers flat, hopper, tank, box, automobile-carrying, covered, and special purpose wagons; and brake vans.

Titagarh Wagons Fundamentals Summary

How do Titagarh Wagons's earnings and revenue compare to its market cap?
TWL fundamental statistics
Market Cap	₹11.51b
Earnings (TTM)	-₹3.28m
Revenue (TTM)	₹19.31b

0.6x

P/S Ratio

-3,505x

P/E Ratio

Is TWL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
TWL income statement (TTM)
Revenue	₹19.31b
Cost of Revenue	₹12.08b
Gross Profit	₹7.23b
Other Expenses	₹7.23b
Earnings	-₹3.28m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	-0.027
Gross Margin	37.42%
Net Profit Margin	-0.016%
Debt/Equity Ratio	102.2%

How did TWL perform over the long term?

See historical performance and comparison

We’ve recently updated our valuation analysis.

Valuation

Is TWL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation 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 TWL?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for TWL. This is calculated by dividing TWL's market cap by their current preferred multiple.
What is TWL's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	₹11.51b

TWL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	1.1x
Enterprise Value/EBITDA	15.3x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does TWL's PS Ratio compare to its peers?

TWL PS Ratio vs Peers

The above table shows the PS ratio for TWL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PS	Estimated Growth	Market Cap
Peer Average	1.6x

Forward PS

Price-To-Sales vs Peers: TWL is good value based on its Price-To-Sales Ratio (0.6x) compared to the peer average (1.6x).

Price to Earnings Ratio vs Industry

How does TWL's PE Ratio compare vs other companies in the Indian Machinery Industry?

Price-To-Sales vs Industry: TWL is good value based on its Price-To-Sales Ratio (0.6x) compared to the Indian Machinery industry average (1.2x)

Price to Sales Ratio vs Fair Ratio

What is TWL'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.

TWL PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.6x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate TWL's Price-To-Sales Fair Ratio for valuation analysis.

Share Price vs Fair Value

What is the Fair Price of TWL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate TWL's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate TWL's fair value for valuation analysis.

Price to Earnings Growth Ratio

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

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Future Growth

How is Titagarh Wagons forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future 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 Titagarh Wagons 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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Take a look at our analysis of TWL’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.
Titagarh Wagons competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Titagarh Wagons performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

34.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TWL is currently unprofitable.

Growing Profit Margin: TWL is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: TWL is unprofitable, but has reduced losses over the past 5 years at a rate of 34.9% per year.

Accelerating Growth: Unable to compare TWL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TWL is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (42.4%).

Return on Equity

High ROE: TWL has a negative Return on Equity (-0.081%), as it is currently unprofitable.

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Financial Health

How is Titagarh Wagons's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: TWL's short term assets (₹15.0B) exceed its short term liabilities (₹12.7B).

Long Term Liabilities: TWL's short term assets (₹15.0B) exceed its long term liabilities (₹5.7B).

Debt to Equity History and Analysis

Debt Level: TWL's net debt to equity ratio (97.2%) is considered high.

Reducing Debt: TWL's debt to equity ratio has increased from 35.5% to 102.2% 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: Insufficient data to determine if TWL has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if TWL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.

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Dividend

What is Titagarh Wagons's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend 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 TWL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TWL'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 TWL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TWL's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: TWL is not paying a notable dividend for the Indian market.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as TWL has not reported any payouts.

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Management

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

3.8yrs

Average board tenure

CEO

Umesh Chowdhary (47 yo)

10.25yrs

Tenure

₹21,280,000

Compensation

Mr. Umesh Chowdhary, B.Com, has been Managing Director and Chief Executive Officer of Titagarh Wagons Limited since October 1, 2010 and March 24, 2012 respectively. Mr. Chowdhary has been Executive Directo...

CEO Compensation Analysis

Compensation vs Market: Umesh's total compensation ($USD272.24K) is above average for companies of similar size in the Indian market ($USD38.35K).

Compensation vs Earnings: Umesh's compensation has been consistent with company performance over the past year.

Board Members

Experienced Board: TWL's board of directors are considered experienced (3.8 years average tenure).

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: TWL 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.

Data	Last Updated (UTC time)
Company Analysis	2022/06/24 00:00
End of Day Share Price	2022/06/24 00:00
Earnings	2022/03/31
Annual Earnings	2022/03/31