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Ashiana Ispat

BSE:513401
Snowflake Description

Fair value with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
513401
BSE
₹250M
Market Cap
  1. Home
  2. IN
  3. Materials
Company description

Ashiana Ispat Limited manufactures and sells steel products for construction, engineering, automotive, and infrastructure sectors in India. The last earnings update was 228 days ago. More info.


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513401 Share Price and Events
Price Volatility
513401
Industry
5yr Volatility vs Market
Related Companies

513401 Value

 Is Ashiana Ispat undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Ashiana Ispat. This is due to cash flow or dividend data being unavailable. The share price is ₹31.4.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Ashiana Ispat's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ashiana Ispat's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:513401 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2017-12-31) in INR ₹6.49
BSE:513401 Share Price ** BSE (2018-08-14) in INR ₹31.4
India Metals and Mining Industry PE Ratio Median Figure of 186 Publicly-Listed Metals and Mining Companies 13.95x
India Market PE Ratio Median Figure of 3,658 Publicly-Listed Companies 20.92x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Ashiana Ispat.

BSE:513401 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:513401 Share Price ÷ EPS (both in INR)

= 31.4 ÷ 6.49

4.84x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ashiana Ispat is good value based on earnings compared to the IN Metals and Mining industry average.
  • Ashiana Ispat is good value based on earnings compared to the India market.
Price based on expected Growth
Does Ashiana Ispat's expected growth come at a high price?
Raw Data
BSE:513401 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 4.84x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
15.5%per year
India Metals and Mining Industry PEG Ratio Median Figure of 53 Publicly-Listed Metals and Mining Companies 0.52x
India Market PEG Ratio Median Figure of 1,227 Publicly-Listed Companies 1.29x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Ashiana Ispat, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ashiana Ispat's assets?
Raw Data
BSE:513401 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2017-12-31) in INR ₹79.78
BSE:513401 Share Price * BSE (2018-08-14) in INR ₹31.4
India Metals and Mining Industry PB Ratio Median Figure of 217 Publicly-Listed Metals and Mining Companies 1.26x
India Market PB Ratio Median Figure of 4,543 Publicly-Listed Companies 1.52x
BSE:513401 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:513401 Share Price ÷ Book Value per Share (both in INR)

= 31.4 ÷ 79.78

0.39x

* Primary Listing of Ashiana Ispat.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ashiana Ispat is good value based on assets compared to the IN Metals and Mining industry average.
X
Value checks
We assess Ashiana Ispat's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Ashiana Ispat has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

513401 Future Performance

 How is Ashiana Ispat expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Ashiana Ispat, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
15.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ashiana Ispat expected to grow at an attractive rate?
  • Ashiana Ispat's earnings growth is expected to exceed the low risk savings rate of 7.7%.
Growth vs Market Checks
  • Ashiana Ispat's earnings growth is positive but not above the India market average.
  • Unable to compare Ashiana Ispat's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:513401 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:513401 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 15.5%
India Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 10.7%
India Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 7.2%
India Market Earnings Growth Rate Market Cap Weighted Average 17.5%
India Market Revenue Growth Rate Market Cap Weighted Average 11.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:513401 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:513401 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2017-12-31 2,527 28
2017-09-30 2,429 33
2017-06-30 2,134 33
2017-03-31 2,032 127 31
2016-12-31 1,882 23
2016-09-30 1,852 7
2016-06-30 1,906 7
2016-03-31 1,922 79 6
2015-12-31 2,108 15
2015-09-30 2,262 13
2015-06-30 2,490 13
2015-03-31 2,682 -107 20

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Ashiana Ispat's earnings are expected to grow by 15.5% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Ashiana Ispat is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:513401 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Ashiana Ispat Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:513401 Past Financials Data
Date (Data in INR Millions) EPS *
2017-12-31 6.49
2017-09-30 7.17
2017-06-30 7.47
2017-03-31 6.95
2016-12-31 5.38
2016-09-30
2016-06-30
2016-03-31 1.49
2015-12-31
2015-09-30
2015-06-30
2015-03-31 4.67

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Ashiana Ispat will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Ashiana Ispat's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Ashiana Ispat has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

513401 Past Performance

  How has Ashiana Ispat performed over the past 5 years?

  • Ashiana Ispat's last earnings update was 228 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Ashiana Ispat's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Ashiana Ispat's year on year earnings growth rate has been positive over the past 5 years.
  • Ashiana Ispat's 1-year earnings growth exceeds its 5-year average (21.4% vs 5.6%)
  • Ashiana Ispat's earnings growth has not exceeded the IN Metals and Mining industry average in the past year (21.4% vs 44.6%).
Earnings and Revenue History
Ashiana Ispat's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Ashiana Ispat Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:513401 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2017-12-31 2,526.65 28.36 35.97
2017-09-30 2,428.51 32.56 36.64
2017-06-30 2,134.24 33.16 25.04
2017-03-31 2,032.14 31.01 29.66
2016-12-31 1,881.94 23.37 29.78
2016-09-30 1,852.34 7.45 25.15
2016-06-30 1,906.28 6.58 16.63
2016-03-31 1,921.63 6.48 29.82
2015-12-31 2,107.50 14.82 80.43
2015-09-30 2,262.06 13.36 78.08
2015-06-30 2,489.83 13.18 26.99
2015-03-31 2,681.58 19.90 31.61
2014-12-31 2,767.16 25.07 35.83
2014-09-30 2,822.40 24.69 38.82
2014-06-30 2,751.51 24.17 36.69
2014-03-31 2,666.47 21.97 81.27
2013-12-31 2,601.31 -0.80 77.73
2013-09-30 2,618.65 1.72 76.30
2013-06-30 2,591.93 3.19 76.72
2013-03-31 2,709.22 1.45 31.39
2012-12-31 2,622.72 12.20 97.31
2012-09-30 2,709.15 16.69 96.34
2012-06-30 2,773.32 21.33 100.54
2012-03-31 2,736.66 23.81 90.45
2011-12-31 2,908.67 27.92 98.92
2011-09-30 2,803.03 30.91 98.58

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Ashiana Ispat has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Ashiana Ispat used its assets less efficiently than the IN Metals and Mining industry average last year based on Return on Assets.
  • Ashiana Ispat has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Ashiana Ispat's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Ashiana Ispat has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

513401 Health

 How is Ashiana Ispat's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Ashiana Ispat's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ashiana Ispat is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ashiana Ispat's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ashiana Ispat's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Ashiana Ispat Company Filings, last reported 7 months ago.

BSE:513401 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2017-12-31 354.42 420.50 103.46
2017-09-30 354.42 420.50 103.46
2017-06-30 261.33 453.08 9.74
2017-03-31 261.33 455.07 9.74
2016-12-31 234.13 540.25 7.28
2016-09-30 234.13 540.25 7.28
2016-06-30 231.24 556.64 15.30
2016-03-31 231.24 558.43 15.30
2015-12-31 227.73 649.22 56.21
2015-09-30 227.73 649.22 56.21
2015-06-30 225.76 625.34 61.88
2015-03-31 225.76 626.98 61.88
2014-12-31
2014-09-30
2014-06-30 206.73 425.35 29.18
2014-03-31 206.73 425.35 29.18
2013-12-31 190.55 453.94 6.30
2013-09-30 190.55 453.94 6.30
2013-06-30 184.75 432.18 31.78
2013-03-31 184.75 432.18 31.78
2012-12-31 189.23 474.96 64.97
2012-09-30 189.23 474.96 64.97
2012-06-30
2012-03-31 183.70 417.37 16.46
2011-12-31
2011-09-30 173.52 435.50 6.25
  • Ashiana Ispat's level of debt (118.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (250.8% vs 118.6% today).
  • Unable to verify if debt is well covered by operating cash flow as Ashiana Ispat has not reported sufficient balance sheet data.
  • Interest payments on debt are not well covered by earnings (EBIT is 1.9x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Ashiana Ispat's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Ashiana Ispat has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

513401 Dividends

 What is Ashiana Ispat's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Ashiana Ispat dividends.
If you bought ₹2,000 of Ashiana Ispat shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Ashiana Ispat's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Ashiana Ispat's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:513401 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 114 Stocks 3.2%
India Market Average Dividend Yield Market Cap Weighted Average of 2335 Stocks 1.3%
India Minimum Threshold Dividend Yield 10th Percentile 0.2%
India Bottom 25% Dividend Yield 25th Percentile 0.4%
India Top 25% Dividend Yield 75th Percentile 1.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Ashiana Ispat has not reported any payouts.
  • Unable to verify if Ashiana Ispat's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Ashiana Ispat's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Ashiana Ispat has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Ashiana Ispat's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Ashiana Ispat afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ashiana Ispat has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

513401 Management

 What is the CEO of Ashiana Ispat's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Puneet Jain, image provided by Google.
Puneet Jain
COMPENSATION ₹4,490,000
AGE 43
TENURE AS CEO 2.2 years
CEO Bio

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.

CEO Compensation
  • Puneet's compensation has increased by more than 20% in the past year.
  • Puneet's compensation is higher than average for a company of this size and profit level.
Management Team

Naresh Jain

TITLE
Chairman of the Board
COMPENSATION
₹20K
AGE
64

Puneet Jain

TITLE
MD & Whole Time Director
COMPENSATION
₹4M
AGE
43
TENURE
2.2 yrs

Harun Ansari

TITLE
Compliance Officer & Company Secretary
COMPENSATION
₹258K
Board of Directors

Naresh Jain

TITLE
Chairman of the Board
COMPENSATION
₹20K
AGE
64

Puneet Jain

TITLE
MD & Whole Time Director
COMPENSATION
₹4M
AGE
43

Tarachand Kansal

TITLE
Non-Executive & Independent Director
COMPENSATION
₹18K

Ram Garg

TITLE
Non-Executive & Independent Director
COMPENSATION
₹14K

Rajesh Pal

TITLE
Non-Executive & Independent Director
COMPENSATION
₹18K

Shruti Jain

TITLE
Non-Executive & Independent Director
COMPENSATION
₹18K
TENURE
3.4 yrs
Recent Insider Trading
  • No 3 month insider trading information.
Who owns this company?
X
Management checks
We assess Ashiana Ispat's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap and profit (greater than 0.5% of the company's profit + 0.03% of market cap)? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Ashiana Ispat has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

513401 News

External News
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Simply Wall St News

Ashiana Ispat And Other Top Undervalued Stocks

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 -

Cheap Stocks To Watch Out For In April

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 -

Best-In-Class Undervalued Stocks

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 -

January Top Cheap Stock To Invest In

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 -

513401 Company Info

Map
Description

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.

Details
Name: Ashiana Ispat Limited
513401
Exchange: BSE
Founded: 1992
₹250,094,720
7,964,800
Website: http://www.ashianaispat.in
Address: Ashiana Ispat Limited
908-910, Pearl Best Height-II,
Netaji Subhash Place,
New Delhi,
Delhi, 110034,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 513401 Equity Shares Mumbai Stock Exchange IN INR 23. May 2005
Number of employees
Current staff
Staff numbers
132
Ashiana Ispat employees.
Industry
Steel
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/08/16 11:41
End of day share price update: 2018/08/14 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.