590078 Stock Overview
Maithan Alloys Limited manufactures and exports ferro alloys.
Price History & Performance
|Historical stock prices|
|Current Share Price||₹942.70|
|52 Week High||₹1,255.15|
|52 Week Low||₹500.00|
|1 Month Change||-10.73%|
|3 Month Change||-1.79%|
|1 Year Change||73.51%|
|3 Year Change||78.07%|
|5 Year Change||290.19%|
|Change since IPO||509.31%|
Recent News & Updates
|590078||IN Metals and Mining||IN Market|
Return vs Industry: 590078 underperformed the Indian Metals and Mining industry which returned 87.5% over the past year.
Return vs Market: 590078 exceeded the Indian Market which returned 43% over the past year.
|590078 Average Weekly Movement||8.3%|
|Metals and Mining Industry Average Movement||6.1%|
|Market Average Movement||6.1%|
|10% most volatile stocks in IN Market||9.1%|
|10% least volatile stocks in IN Market||3.8%|
Stable Share Price: 590078 is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: 590078's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.
About the Company
Maithan Alloys Limited manufactures and exports ferro alloys. The company provides ferro manganese, silico manganese, and ferro silicon products. It is also involved in the generation and supply of wind power.
Maithan Alloys Fundamentals Summary
|590078 fundamental statistics|
Is 590078 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|590078 income statement (TTM)|
|Cost of Revenue||₹13.93b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||143.16|
|Net Profit Margin||19.14%|
How did 590078 perform over the long term?See historical performance and comparison
0.6%Current Dividend Yield
Is Maithan Alloys 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: 590078 (₹942.7) is trading below our estimate of fair value (₹2076.39)
Significantly Below Fair Value: 590078 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 590078 is good value based on its PE Ratio (6.6x) compared to the Indian Metals and Mining industry average (11x).
PE vs Market: 590078 is good value based on its PE Ratio (6.6x) compared to the Indian market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: 590078 is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: 590078's PB Ratio (1.5x) is in line with the IN Metals and Mining industry average.
How is Maithan Alloys forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 590078's forecast earnings growth (5% per year) is below the savings rate (6.7%).
Earnings vs Market: 590078's earnings (5% per year) are forecast to grow slower than the Indian market (20.3% per year).
High Growth Earnings: 590078's earnings are forecast to grow, but not significantly.
Revenue vs Market: 590078's revenue (15% per year) is forecast to grow faster than the Indian market (12.7% per year).
High Growth Revenue: 590078's revenue (15% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 590078's Return on Equity is forecast to be low in 3 years time (19.8%).
How has Maithan Alloys performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 590078 has a high level of non-cash earnings.
Growing Profit Margin: 590078's current net profit margins (19.1%) are higher than last year (14.1%).
Past Earnings Growth Analysis
Earnings Trend: 590078's earnings have grown by 7.8% per year over the past 5 years.
Accelerating Growth: 590078's earnings growth over the past year (91.1%) exceeds its 5-year average (7.8% per year).
Earnings vs Industry: 590078 earnings growth over the past year (91.1%) underperformed the Metals and Mining industry 154%.
Return on Equity
High ROE: 590078's Return on Equity (23.1%) is considered high.
How is Maithan Alloys's financial position?
Financial Position Analysis
Short Term Liabilities: 590078's short term assets (₹18.8B) exceed its short term liabilities (₹2.9B).
Long Term Liabilities: 590078's short term assets (₹18.8B) exceed its long term liabilities (₹427.1M).
Debt to Equity History and Analysis
Debt Level: 590078 has more cash than its total debt.
Reducing Debt: 590078's debt to equity ratio has reduced from 22.3% to 0.3% over the past 5 years.
Debt Coverage: 590078's debt is well covered by operating cash flow (176.2%).
Interest Coverage: 590078 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Maithan Alloys's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 590078's dividend (0.64%) is higher than the bottom 25% of dividend payers in the Indian market (0.36%).
High Dividend: 590078's dividend (0.64%) is low compared to the top 25% of dividend payers in the Indian market (1.48%).
Stability and Growth of Payments
Stable Dividend: 590078's dividends per share have been stable in the past 10 years.
Growing Dividend: 590078's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (4.2%), 590078's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Subodh Agarwalla (43 yo)
Mr. Subodh Agarwalla, MBA, B.Tech. has been the Chief Executive Officer of Maithan Alloys Limited since March 30, 2017 and has been its Whole-Time Director since July 1, 2006. Mr. Agarwalla served as Chief...
CEO Compensation Analysis
Compensation vs Market: Subodh's total compensation ($USD874.07K) is above average for companies of similar size in the Indian market ($USD294.39K).
Compensation vs Earnings: Subodh's compensation has been consistent with company performance over the past year.
Experienced Management: 590078's management team is seasoned and experienced (7.6 years average tenure).
Experienced Board: 590078's board of directors are considered experienced (5.8 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.
Maithan Alloys Limited's employee growth, exchange listings and data sources
- Name: Maithan Alloys Limited
- Ticker: 590078
- Exchange: BSE
- Founded: 1985
- Industry: Steel
- Sector: Materials
- Market Cap: ₹28.212b
- Shares outstanding: 29.11m
- Website: https://www.maithanalloys.com
Number of Employees
- Maithan Alloys Limited
- P.O. Kalyaneshwari
- Debipur Village
- West Bengal
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/29 12:05|
|End of Day Share Price||2021/11/29 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.