Voltamp Transformers (NSEI:VOLTAMP) - Share price, News & Analysis

VOLTAMP fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	2/6
Financial Health	6/6
Dividends	4/6

VOLTAMP Stock Overview

Voltamp Transformers Limited manufactures and sells various electrical transformers.

Rewards

Earnings have grown 11.6% per year over the past 5 years

Risk Analysis

Shareholders have been substantially diluted in the past year

Dividend of 0.96% is not well covered by earnings

Large one-off items impacting financial results

Voltamp Transformers Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Voltamp Transformers
Historical stock prices
Current Share Price	₹2,592.30
52 Week High	₹2,708.90
52 Week Low	₹1,324.15
Beta	0.59
1 Month Change	29.79%
3 Month Change	29.62%
1 Year Change	81.99%
3 Year Change	123.80%
5 Year Change	108.39%
Change since IPO	522.48%

Shareholder Returns

	VOLTAMP	IN Electrical	IN Market
7D	4.6%	3.8%	2.3%
1Y	82.0%	12.1%	-0.9%

Return vs Industry: VOLTAMP exceeded the Indian Electrical industry which returned 11.4% over the past year.

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

Price Volatility

Is VOLTAMP's price volatile compared to industry and market?
VOLTAMP volatility
VOLTAMP Average Weekly Movement	5.4%
Electrical Industry Average Movement	6.6%
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: VOLTAMP is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: VOLTAMP's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1963	274	Kanubhai Patel	https://voltamptransformers.com

Voltamp Transformers Limited manufactures and sells various electrical transformers. The company offers oil filled transformers, cast resin transformers, unitized sub-stations, induction furnace transformers, and lighting transformers. It also provides repair, overhauling, conversion, and maintenance services for transformers; and supplies spares for transformers.

Voltamp Transformers Fundamentals Summary

How do Voltamp Transformers's earnings and revenue compare to its market cap?
VOLTAMP fundamental statistics
Market Cap	₹48.73b
Earnings (TTM)	₹1.12b
Revenue (TTM)	₹10.24b

43.5x

P/E Ratio

4.8x

P/S Ratio

Is VOLTAMP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
VOLTAMP income statement (TTM)
Revenue	₹10.24b
Cost of Revenue	₹8.12b
Gross Profit	₹2.12b
Other Expenses	₹1.00b
Earnings	₹1.12b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	59.57
Gross Margin	20.74%
Net Profit Margin	10.94%
Debt/Equity Ratio	0.0%

How did VOLTAMP perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

23%

Payout Ratio

We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

0/6

Valuation Score 0/6

Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings 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 VOLTAMP?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for VOLTAMP. This is calculated by dividing VOLTAMP's market cap by their current preferred multiple.
What is VOLTAMP's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	₹48.73b

VOLTAMP 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	4.7x
Enterprise Value/EBITDA	45.7x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does VOLTAMP's PE Ratio compare to its peers?

VOLTAMP PE Ratio vs Peers

The above table shows the PE ratio for VOLTAMP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PE	Estimated Growth	Market Cap
Peer Average	33.8x

Forward PE

Price-To-Earnings vs Peers: VOLTAMP is expensive based on its Price-To-Earnings Ratio (43.5x) compared to the peer average (33.8x).

Price to Earnings Ratio vs Industry

How does VOLTAMP's PE Ratio compare vs other companies in the Indian Electrical Industry?

Price-To-Earnings vs Industry: VOLTAMP is expensive based on its Price-To-Earnings Ratio (43.5x) compared to the Indian Electrical industry average (19.1x)

Price to Earnings Ratio vs Fair Ratio

What is VOLTAMP'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.

VOLTAMP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	43.5x
Fair PE Ratio	n/a

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

Share Price vs Fair Value

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

Below Fair Value: VOLTAMP (₹2592.3) is trading above our estimate of fair value (₹277.77)

Significantly Below Fair Value: VOLTAMP is trading above our estimate of fair value.

Price to Earnings Growth Ratio

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

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Future Growth

How is Voltamp Transformers 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

16.7%

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 Voltamp Transformers 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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Examine Voltamp Transformers's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
Voltamp Transformers competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Voltamp Transformers performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

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

11.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: VOLTAMP has a large one-off gain of ₹580.1M impacting its December 31 2021 financial results.

Growing Profit Margin: VOLTAMP's current net profit margins (10.9%) are lower than last year (14.6%).

Past Earnings Growth Analysis

Earnings Trend: VOLTAMP's earnings have grown by 11.6% per year over the past 5 years.

Accelerating Growth: VOLTAMP's earnings growth over the past year (20.9%) exceeds its 5-year average (11.6% per year).

Earnings vs Industry: VOLTAMP earnings growth over the past year (20.9%) underperformed the Electrical industry 47.6%.

Return on Equity

High ROE: VOLTAMP's Return on Equity (12.7%) is considered low.

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Financial Health

How is Voltamp Transformers's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: VOLTAMP's short term assets (₹4.4B) exceed its short term liabilities (₹1.2B).

Long Term Liabilities: VOLTAMP's short term assets (₹4.4B) exceed its long term liabilities (₹129.9M).

Debt to Equity History and Analysis

Debt Level: VOLTAMP is debt free.

Reducing Debt: VOLTAMP has not had any debt for past 5 years.

Debt Coverage: VOLTAMP has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: VOLTAMP has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

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Dividend

What is Voltamp Transformers's current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

0.96%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: VOLTAMP's dividend (0.96%) is higher than the bottom 25% of dividend payers in the Indian market (0.44%).

High Dividend: VOLTAMP's dividend (0.96%) is low compared to the top 25% of dividend payers in the Indian market (1.9%).

Stability and Growth of Payments

Stable Dividend: VOLTAMP's dividends per share have been stable in the past 10 years.

Growing Dividend: VOLTAMP's dividend payments have increased over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (22.6%), VOLTAMP's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: VOLTAMP is paying a dividend but the company has no free cash flows.

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Management

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

7.3yrs

Average board tenure

CEO

Kanubhai Patel (64 yo)

no data

Tenure

₹49,397,814

Compensation

Shri Kanubhai Shakrabhai Patel, B. Com., F.C.A., F.C.S., serves as the Chairman and Managing Director of Voltamp Transformers Limited since January 31, 2007. Shri Patel served as the Chief Financial Office...

CEO Compensation Analysis

Compensation vs Market: Kanubhai's total compensation ($USD631.97K) is above average for companies of similar size in the Indian market ($USD339.37K).

Compensation vs Earnings: Kanubhai's compensation has increased by more than 20% in the past year.

Board Members

Experienced Board: VOLTAMP's board of directors are considered experienced (7.3 years average tenure).

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 been substantially diluted in the past year, with total shares outstanding growing by 85.9%.

Data	Last Updated (UTC time)
Company Analysis	2022/06/24 00:00
End of Day Share Price	2022/06/24 00:00
Earnings	2021/12/31
Annual Earnings	2021/03/31