Mideast Integrated Steels Limited engages in the extraction of iron ore and production of pig iron.
+ 1 more risk
Overvalued with weak fundamentals.
Share Price & News
How has Mideast Integrated Steels's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 540744's share price has been volatile over the past 3 months.
7 Day Return
IN Metals and Mining
1 Year Return
IN Metals and Mining
Return vs Industry: 540744 underperformed the Indian Metals and Mining industry which returned -10.6% over the past year.
Return vs Market: 540744 underperformed the Indian Market which returned 9.5% over the past year.
Price Volatility Vs. Market
How volatile is Mideast Integrated Steels's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Mideast Integrated Steels undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 540744's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 540744's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 540744 is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: 540744 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 540744's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 540744 is good value based on its PB Ratio (0.2x) compared to the IN Metals and Mining industry average (0.8x).
How is Mideast Integrated Steels forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Mideast Integrated Steels 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.
- Take a look at our analysis of 540744’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Mideast Integrated Steels competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Mideast Integrated Steels performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 540744 is currently unprofitable.
Growing Profit Margin: 540744 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 540744 is unprofitable, and losses have increased over the past 5 years at a rate of -59.8% per year.
Accelerating Growth: Unable to compare 540744's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 540744 is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-9%).
Return on Equity
High ROE: 540744 has a negative Return on Equity (-20.14%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Mideast Integrated Steels's financial position?
Financial Position Analysis
Short Term Liabilities: 540744's short term assets (₹4.3B) do not cover its short term liabilities (₹7.1B).
Long Term Liabilities: 540744's short term assets (₹4.3B) do not cover its long term liabilities (₹10.7B).
Debt to Equity History and Analysis
Debt Level: 540744's debt to equity ratio (118.6%) is considered high.
Reducing Debt: 540744's debt to equity ratio has increased from 4.9% to 118.6% over the past 5 years.
Inventory Level: 540744 has a high level of physical assets or inventory.
Debt Coverage by Assets: 540744's debt is not covered by short term assets (assets are 0.8x debt).
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: 540744 has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: Insufficient data to determine if 540744 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Mideast Integrated Steels's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 540744's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 540744's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 540744's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 540744'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 540744's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Rita Singh (69yo)
Mrs. Rita Singh serves as the Chairperson and Managing Director at Mesco Steels Limited. She serves as Chairperson and served as a Managing Director of Mideast Integrated Steel Limited until June 9, 2018. ...
CEO Compensation Analysis
Compensation vs Market: Rita's total compensation ($USD218.28K) is above average for companies of similar size in the Indian market ($USD50.04K).
Compensation vs Earnings: Rita's compensation has been consistent with company performance over the past year.
|Chairperson & MD||0yrs||₹15.68m||0.078% ₹611.9k|
|Joint MD||26.1yrs||₹18.46m||0.0017% ₹13.1k|
|Independent Non-Executive Director||5.4yrs||₹470.00k||no data|
|Non-Executive Independent Director||0.7yrs||no data||no data|
|Independent Non-Executive Director||0yrs||₹200.00k||no data|
Experienced Board: 540744's board of directors are considered experienced (5.4 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Mideast Integrated Steels Limited's company bio, employee growth, exchange listings and data sources
- Name: Mideast Integrated Steels Limited
- Ticker: 540744
- Exchange: BSE
- Founded: 1992
- Industry: Steel
- Sector: Materials
- Market Cap: ₹781.751m
- Shares outstanding: 137.88m
- Website: https://www.mescosteel.com
Number of Employees
- Mideast Integrated Steels Limited
- Mesco Towers
- H-1, Zamrudpur Community Centre
- New Delhi
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|540744||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Oct 2017|
Mideast Integrated Steels Limited engages in the extraction of iron ore and production of pig iron. Its products include iron ore fines, calibrated lump ore, pig iron scrap, coke breeze, granulated slag, and lime slurry. The company was incorporated in 1992 and is based in New Delhi, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/23 13:35|
|End of Day Share Price||2020/02/20 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.