Ashiana Ispat Limited manufactures and sells steel products for construction, engineering, automotive, and infrastructure sectors in India. The last earnings update was 147 days ago. More info.
The calculations below outline how an intrinsic value for
is arrived at by discounting future cash flows to their present value. We use
analyst's estimates of cash flows going forward 5 years.
See our documentation to learn about this calculation.
|Levered FCF (INR, Millions)||₹93.33||₹87.42||₹81.90||₹76.72||₹71.86|
|Source||Extrapolated @ (-6.32%)||Extrapolated @ (-6.32%)||Extrapolated @ (-6.32%)||Extrapolated @ (-6.32%)||Extrapolated @ (-6.32%)|
Discounted (@ 23%)
Present value of next 5 years cash flows:
Terminal Value = FCF2022 × (1 + g) ÷ (Discount Rate – g)
Terminal Value = ₹72 × (1 + 7%) ÷ (23% – 7%)
Terminal value based on the Perpetuity Method where growth (g) =
Present value of terminal value:
Equity Value (Total value) = Present value of next 5 years cash flows +
₹407 = ₹237 + ₹171
Value = Total value / Shares Outstanding (₹407 / 8)Discount to Share Price
Value per share (INR): ₹51.15
Current discount (share price of ₹25.05): 51.03%
The discount rate, or required rate of return, is estimated by calculating the Cost of Equity.
Discount rate = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
Discount rate = 23% = 7% + (2 * 8%)
The Levered Beta is the Unlevered Beta adjusted for financial leverage. It is limited to 0.8 to 2.0 (practical range for a stable firm). Note the market value of equity is used not the book value (₹199,518,240).
Levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
2.176 = 0.879 (1 + (1- 30%) (210.76%))
Levered Beta used in calculation = 2
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 Ashiana Ispat 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 Simply Wall St do have past financial data. You can see them here.
Mr. Puneet Kumar Jain has been Managing Director of Ashiana Ispat Ltd since June 1, 2016 and serves as its Whole Time Director. Mr. Jain has been involved with iron and steel industry since the beginning of his career. For the past 16 years, he has been instrumental in the development and production of high quality of steel, their processing, improvement in their properties and preparation of specifications for their usage. Mr. Jain has also assisted in marketing and brand building of the products. He has also substantial expertise and training in organizational psychology, management of organizations and recruitment, training and retention of staff.
Ashiana Ispat and Gujarat Craft Industries are two of the companies on my list that I consider are undervalued. … What’s even more appeal is that 513401’s PE ratio stands at around 4.76x relative to its Metals and Mining peer level of, 18.85x suggesting that relative to other stocks in the industry, 513401’s shares can be purchased for a lower price. … BSE:513401 PE PEG Gauge May 15th 18 Gujarat Craft Industries Limited (BSE:526965) Gujarat Craft Industries Limited manufactures and sells coated woven products in India and internationally.Simply Wall St - – Full article
Ashiana Ispat and Gujarat Craft Industries are stocks on my list that are potentially undervalued. … BSE:513401 PE PEG Gauge Apr 14th 18 Gujarat Craft Industries Limited (BSE:526965) Gujarat Craft Industries Limited manufactures and sells coated woven products in India and internationally. … In terms of relative valuation, 526965’s PE ratio is trading at 11.68x relative to its Packaging peer level of, 19.74x indicating that relative to its competitors, you can buy 526965’s shares at a cheaper price.Simply Wall St - – Full article
In terms of relative valuation, 513401’s PE ratio is trading at 4.54x against its its Metals and Mining peer level of, 20.09x suggesting that relative to its comparable company group, you can buy 513401’s shares at a cheaper price. … BSE:513401 PE PEG Gauge Mar 14th 18 Gujarat Craft Industries Limited (BSE:526965) Gujarat Craft Industries Limited manufactures and sells coated woven products in India and internationally. … Also, 526965’s PE ratio is currently around 10.41x while its Packaging peer level trades at, 18.51x meaning that relative to its comparable company group, 526965 can be bought at a cheaper price right now.Simply Wall St - – Full article
Ashiana Ispat and Chemo Pharma Laboratories may be trading at prices below their likely values. … BSE:513401 PE PEG Gauge Jan 24th 18 Chemo Pharma Laboratories Limited (BSE:506365) Chemo Pharma Laboratories Limited does not have significant operations. … BSE:506365 PE PEG Gauge Jan 24th 18 Chartered Capital and Investment Limited (BSE:511696) Chartered Capital and Investment Limited provides consultancy and merchant banking services in India.Simply Wall St - – Full article
Ashiana Ispat Limited manufactures and sells steel products for construction, engineering, automotive, and infrastructure sectors in India. The company offers TMT and CTD bars. The company was founded in 1992 and is based in New Delhi, India.
|Name:||Ashiana Ispat Limited|
Ashiana Ispat Limited
908-910, Pearl Best Height-II,
Netaji Subhash Place,
|Exchange Symbol||Ticker Symbol||Security||Exchange||Country||Currency||Listed on|
|BSE||513401||Equity Shares||Mumbai Stock Exchange||IN||INR||23. May 2005|
|Area||Date (UTC time)|
|Company Analysis updated:||2018/05/27 09:32|
|End of day share price update:||2018/05/25 00:00|
|Last earnings update:||2017/12/31|
|Last annual earnings update:||2017/03/31|
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.