500228 Stock Overview
JSW Steel Limited engages in the manufacture and sale of iron and steel products in India and internationally.
JSW Steel Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹683.10|
|52 Week High||₹776.50|
|52 Week Low||₹336.00|
|1 Month Change||1.38%|
|3 Month Change||1.64%|
|1 Year Change||101.89%|
|3 Year Change||121.71%|
|5 Year Change||295.66%|
|Change since IPO||4,178.09%|
Recent News & Updates
|500228||IN Metals and Mining||IN Market|
Return vs Industry: 500228 matched the Indian Metals and Mining industry which returned 102% over the past year.
Return vs Market: 500228 exceeded the Indian Market which returned 46.6% over the past year.
|500228 Average Weekly Movement||4.4%|
|Metals and Mining Industry Average Movement||6.0%|
|Market Average Movement||6.0%|
|10% most volatile stocks in IN Market||9.0%|
|10% least volatile stocks in IN Market||3.8%|
Stable Share Price: 500228 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 500228's weekly volatility (4%) has been stable over the past year.
About the Company
JSW Steel Limited engages in the manufacture and sale of iron and steel products in India and internationally. The company provides hot rolled and cold-rolled coils, as well as galvanized, galvalume, and color coated products; and TMT bars, wire rods, and special alloy steel products. Its products are used in automotive, general engineering, machinery, and projects and construction applications.
JSW Steel Fundamentals Summary
|500228 fundamental statistics|
Is 500228 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|500228 income statement (TTM)|
|Cost of Revenue||₹522.63b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||82.94|
|Net Profit Margin||18.11%|
How did 500228 perform over the long term?See historical performance and comparison
1.0%Current Dividend Yield
Is JSW Steel undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 500228 (₹683.1) is trading below our estimate of fair value (₹809.69)
Significantly Below Fair Value: 500228 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 500228 is good value based on its PE Ratio (8.2x) compared to the Indian Metals and Mining industry average (11.1x).
PE vs Market: 500228 is good value based on its PE Ratio (8.2x) compared to the Indian market (19.2x).
Price to Earnings Growth Ratio
PEG Ratio: 500228's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: 500228 is overvalued based on its PB Ratio (2.7x) compared to the IN Metals and Mining industry average (1.5x).
How is JSW Steel forecast to perform in the next 1 to 3 years based on estimates from 27 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 500228's earnings are forecast to decline over the next 3 years (-8.6% per year).
Earnings vs Market: 500228's earnings are forecast to decline over the next 3 years (-8.6% per year).
High Growth Earnings: 500228's earnings are forecast to decline over the next 3 years.
Revenue vs Market: 500228's revenue (4.1% per year) is forecast to grow slower than the Indian market (12.7% per year).
High Growth Revenue: 500228's revenue (4.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 500228's Return on Equity is forecast to be high in 3 years time (23%)
How has JSW Steel performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500228 has high quality earnings.
Growing Profit Margin: 500228's current net profit margins (18.1%) are higher than last year (2.2%).
Past Earnings Growth Analysis
Earnings Trend: 500228's earnings have grown significantly by 24.7% per year over the past 5 years.
Accelerating Growth: 500228's earnings growth over the past year (1253.7%) exceeds its 5-year average (24.7% per year).
Earnings vs Industry: 500228 earnings growth over the past year (1253.7%) exceeded the Metals and Mining industry 149.8%.
Return on Equity
High ROE: Whilst 500228's Return on Equity (33.15%) is high, this metric is skewed due to their high level of debt.
How is JSW Steel's financial position?
Financial Position Analysis
Short Term Liabilities: 500228's short term assets (₹497.3B) exceed its short term liabilities (₹470.0B).
Long Term Liabilities: 500228's short term assets (₹497.3B) do not cover its long term liabilities (₹636.6B).
Debt to Equity History and Analysis
Debt Level: 500228's net debt to equity ratio (89%) is considered high.
Reducing Debt: 500228's debt to equity ratio has reduced from 180.8% to 114% over the past 5 years.
Debt Coverage: 500228's debt is well covered by operating cash flow (29.9%).
Interest Coverage: 500228's interest payments on its debt are well covered by EBIT (9.4x coverage).
What is JSW Steel current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 500228's dividend (0.95%) is higher than the bottom 25% of dividend payers in the Indian market (0.35%).
High Dividend: 500228's dividend (0.95%) is low compared to the top 25% of dividend payers in the Indian market (1.49%).
Stability and Growth of Payments
Stable Dividend: 500228's dividend payments have been volatile in the past 10 years.
Growing Dividend: 500228's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (7.8%), 500228's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 500228's dividends in 3 years are forecast to be thoroughly covered by earnings (10.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sajjan Jindal (62 yo)
Mr. Sajjan Kumar Jindal, B.Engg. (Mech), serves as the Chairman, Managing Director and Executive Director of JSW Energy Limited & joined on January 01, 2009. Mr. Jindal has been the Managing Director and C...
CEO Compensation Analysis
Compensation vs Market: Sajjan's total compensation ($USD9.85M) is above average for companies of similar size in the Indian market ($USD1.15M).
Compensation vs Earnings: Sajjan's compensation has increased by more than 20% in the past year.
Experienced Management: 500228's management team is seasoned and experienced (12.6 years average tenure).
Experienced Board: 500228's board of directors are considered experienced (9.6 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
JSW Steel Limited's employee growth, exchange listings and data sources
- Name: JSW Steel Limited
- Ticker: 500228
- Exchange: BSE
- Founded: 1982
- Industry: Steel
- Sector: Materials
- Market Cap: ₹1.643t
- Shares outstanding: 2.41b
- Website: https://www.jsw.in
Number of Employees
- JSW Steel Limited
- JSW Centre
- Bandra Kurla Complex
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/24 15:36|
|End of Day Share Price||2021/11/24 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.