UNIVCABLES Stock Overview
Universal Cables Limited manufactures and sells electrical and other cables, capacitors, wires and conductors, and other products under the UNISTAR brand name in India and internationally.
Universal Cables Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹136.45|
|52 Week High||₹215.00|
|52 Week Low||₹125.10|
|1 Month Change||-5.24%|
|3 Month Change||-2.61%|
|1 Year Change||-31.52%|
|3 Year Change||-33.20%|
|5 Year Change||45.78%|
|Change since IPO||103.66%|
Recent News & Updates
Universal Cables' (NSE:UNIVCABLES) Returns On Capital Not Reflecting Well On The Business
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
|UNIVCABLES||IN Electrical||IN Market|
Return vs Industry: UNIVCABLES underperformed the Indian Electrical industry which returned 11.4% over the past year.
Return vs Market: UNIVCABLES underperformed the Indian Market which returned -1.7% over the past year.
|UNIVCABLES Average Weekly Movement||5.9%|
|Electrical Industry Average Movement||6.6%|
|Market Average Movement||6.9%|
|10% most volatile stocks in IN Market||9.8%|
|10% least volatile stocks in IN Market||4.5%|
Stable Share Price: UNIVCABLES is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: UNIVCABLES's weekly volatility (6%) has been stable over the past year.
About the Company
Universal Cables Limited manufactures and sells electrical and other cables, capacitors, wires and conductors, and other products under the UNISTAR brand name in India and internationally. It offers XLPE cables, such as extra high voltage, medium voltage, low voltage, and aeriel bunched cables for use in power transmission and distribution, railways, fertilizers, petrochemical plants, submarine and under waterpower transmission, steel plants, power station wiring, chemical plants, underwater wiring, mines for power distribution, and control and instrumentation circuits. The company also provides PVC power and control cables for use in power distribution, control system, utility network, railway signaling installations, switching stations, textile mills, chemical plants, machine shops, etc.; PVC insulated winding wires and flat motor leads; elastomeric cables for trailing, ship wiring, and defense applications; and mining cables for landline, LHD and SDL machines, drills, coal cutters, stacker-reclaimers, and earth moving equipment.
Universal Cables Fundamentals Summary
|UNIVCABLES fundamental statistics|
Is UNIVCABLES overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|UNIVCABLES income statement (TTM)|
|Cost of Revenue||₹13.99b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||21.60|
|Net Profit Margin||4.13%|
How did UNIVCABLES perform over the long term?See historical performance and comparison
1.1%Current Dividend Yield
Is UNIVCABLES 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 UNIVCABLES?
Other financial metrics that can be useful for relative valuation.
|What is UNIVCABLES's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does UNIVCABLES's PE Ratio compare to its peers?
|UNIVCABLES PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
Price-To-Earnings vs Peers: UNIVCABLES is good value based on its Price-To-Earnings Ratio (6.3x) compared to the peer average (24.2x).
Price to Earnings Ratio vs Industry
How does UNIVCABLES's PE Ratio compare vs other companies in the Indian Electrical Industry?
Price-To-Earnings vs Industry: UNIVCABLES is good value based on its Price-To-Earnings Ratio (6.3x) compared to the Indian Electrical industry average (19.1x)
Price to Earnings Ratio vs Fair Ratio
What is UNIVCABLES'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||6.3x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate UNIVCABLES's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of UNIVCABLES when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: UNIVCABLES (₹136.45) is trading above our estimate of fair value (₹16.34)
Significantly Below Fair Value: UNIVCABLES is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate UNIVCABLES's PEG Ratio to determine if it is good value.
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How is Universal Cables 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 Universal Cables 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 UNIVCABLES’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.
- Universal Cables competitive advantages and company strategy can generally be found in its financial reports archived here.
How has Universal Cables performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UNIVCABLES has high quality earnings.
Growing Profit Margin: UNIVCABLES's current net profit margins (4.1%) are lower than last year (5.2%).
Past Earnings Growth Analysis
Earnings Trend: UNIVCABLES's earnings have declined by 8.5% per year over the past 5 years.
Accelerating Growth: UNIVCABLES's earnings growth over the past year (11.5%) exceeds its 5-year average (-8.5% per year).
Earnings vs Industry: UNIVCABLES earnings growth over the past year (11.5%) underperformed the Electrical industry 47.6%.
Return on Equity
High ROE: UNIVCABLES's Return on Equity (5.8%) is considered low.
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How is Universal Cables's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: UNIVCABLES's short term assets (₹13.6B) exceed its short term liabilities (₹9.6B).
Long Term Liabilities: UNIVCABLES's short term assets (₹13.6B) exceed its long term liabilities (₹5.0B).
Debt to Equity History and Analysis
Debt Level: UNIVCABLES's net debt to equity ratio (53.3%) is considered high.
Reducing Debt: UNIVCABLES's debt to equity ratio has increased from 42.3% to 53.6% over the past 5 years.
Debt Coverage: UNIVCABLES's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: UNIVCABLES's interest payments on its debt are not well covered by EBIT (1.3x coverage).
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What is Universal Cables's current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: UNIVCABLES's dividend (1.11%) is higher than the bottom 25% of dividend payers in the Indian market (0.44%).
High Dividend: UNIVCABLES's dividend (1.11%) is low compared to the top 25% of dividend payers in the Indian market (1.9%).
Stability and Growth of Payments
Stable Dividend: UNIVCABLES has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: UNIVCABLES has only been paying a dividend for 4 years, and since then payments have not increased.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (6.9%), UNIVCABLES's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: UNIVCABLES is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Y. Lodha (57 yo)
Mr. Y. S. Lodha has been Chief Executive Officer of Universal Cables, Ltd. since May 15, 2015. Mr. Lodha has been Managing Director and Additional Director at Universal Cables Limited since February 11, 20...
CEO Compensation Analysis
Compensation vs Market: Y.'s total compensation ($USD152.54K) is above average for companies of similar size in the Indian market ($USD38.35K).
Compensation vs Earnings: Y.'s compensation has been consistent with company performance over the past year.
Experienced Management: UNIVCABLES's management team is seasoned and experienced (5.4 years average tenure).
Experienced Board: UNIVCABLES's board of directors are considered experienced (7.7 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.
Universal Cables Limited's employee growth, exchange listings and data sources
- Name: Universal Cables Limited
- Ticker: UNIVCABLES
- Exchange: NSEI
- Founded: 1945
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Implied Market Cap: ₹4.684b
- Shares outstanding: 34.70m
- Website: https://www.unistar.co.in
Number of Employees
- Universal Cables Limited
- Commercial Plaza
- 2nd Floor, Wing-B
- New Delhi
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/24 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.