BSE:500399

Stock Analysis Report

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Executive Summary

Steelco Gujarat Limited manufactures and sells cold rolled steel products in India.


Snowflake Analysis

Slightly overvalued with weak fundamentals.

Share Price & News

How has Steelco Gujarat's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 500399's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

2.9%

500399

9.9%

IN Metals and Mining

2.4%

IN Market


1 Year Return

1.2%

500399

9.1%

IN Metals and Mining

5.1%

IN Market

Return vs Industry: 500399 underperformed the Indian Metals and Mining industry which returned 9.1% over the past year.

Return vs Market: 500399 underperformed the Indian Market which returned 5.1% over the past year.


Shareholder returns

500399IndustryMarket
7 Day2.9%9.9%2.4%
30 Day-10.5%17.1%5.2%
90 Day110.2%38.4%21.1%
1 Year1.2%1.2%13.2%9.1%7.0%5.1%
3 Year-64.9%-64.9%-17.5%-26.2%4.8%-0.2%
5 Year-55.6%-55.6%69.7%40.6%30.4%20.7%

Price Volatility Vs. Market

How volatile is Steelco Gujarat's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Steelco Gujarat undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 500399 (₹2.48) is trading below our estimate of fair value (₹67.88)

Significantly Below Fair Value: 500399 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 500399 is unprofitable, so we can't compare its PE Ratio to the IN Metals and Mining industry average.

PE vs Market: 500399 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 500399's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 500399 has negative assets, so we can't compare its PB Ratio to the IN Metals and Mining industry average.


Next Steps

Future Growth

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

52.3%

Forecasted Materials 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 Steelco Gujarat 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.


Next Steps

Past Performance

How has Steelco Gujarat performed over the past 5 years?

-50.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 500399 is currently unprofitable.

Growing Profit Margin: 500399 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 500399 is unprofitable, and losses have increased over the past 5 years at a rate of 50.6% per year.

Accelerating Growth: Unable to compare 500399's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 500399 is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-22.7%).


Return on Equity

High ROE: 500399's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Steelco Gujarat's financial position?


Financial Position Analysis

Short Term Liabilities: 500399 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 500399 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 500399 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 500399's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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 500399 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 500399 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Steelco Gujarat current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 500399's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 500399'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 500399's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 500399's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 500399's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

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

3.6yrs

Average board tenure


CEO

Steelco Gujarat has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Mitesh Shah
Director5.75yrs₹11.60mno data
Ameeta Trehan
Independent Woman Director5.25yrs₹520.00kno data
Praful Chandaria
Non Executive Director1.25yrsno datano data
Ajay Shanghavi
Additional Independent Director2yrs₹420.00kno data

3.6yrs

Average Tenure

58yo

Average Age

Experienced Board: 500399's board of directors are considered experienced (3.6 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Steelco Gujarat Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Steelco Gujarat Limited
  • Ticker: 500399
  • Exchange: BSE
  • Founded: 1989
  • Industry: Steel
  • Sector: Materials
  • Market Cap: ₹105.553m
  • Shares outstanding: 42.56m
  • Website: https://www.steelcogujarat.com

Location

  • Steelco Gujarat Limited
  • Marble Arch
  • 4th Floor
  • Vadodara
  • Gujarat
  • 390007
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
500399BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2002

Biography

Steelco Gujarat Limited manufactures and sells cold rolled steel products in India. It offers PPGI/GP/GC sheets/coils/strips; HRPO, CR, CRCA, and MCHC coils; and galvanized coils and corrugated sheet/plain ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/12 12:36
End of Day Share Price2020/08/11 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


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.