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Maithan AlloysBSE:590078 Stock Report

Market Cap

₹28.2b

7D

2.1%

1Y

73.5%

Updated

29 Nov, 2021

Data

Company Financials +
590078 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance4/6
Financial Health6/6
Dividends4/6

590078 Stock Overview

Maithan Alloys Limited manufactures and exports ferro alloys.

Price History & Performance

Summary of all time highs, changes and price drops for Maithan Alloys
Historical stock prices
Current Share Price₹942.70
52 Week High₹1,255.15
52 Week Low₹500.00
Beta0.67
1 Month Change-10.73%
3 Month Change-1.79%
1 Year Change73.51%
3 Year Change78.07%
5 Year Change290.19%
Change since IPO509.31%

Recent News & Updates

Shareholder Returns

590078IN Metals and MiningIN Market
7D2.1%-1.1%-3.3%
1Y73.5%87.5%43.0%

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.

Price Volatility

Is 590078's price volatile compared to industry and market?
590078 volatility
590078 Average Weekly Movement8.3%
Metals and Mining Industry Average Movement6.1%
Market Average Movement6.1%
10% most volatile stocks in IN Market9.1%
10% least volatile stocks in IN Market3.8%

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

FoundedEmployeesCEOWebsite
1985548Subodh Agarwallahttps://www.maithanalloys.com

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

How do Maithan Alloys's earnings and revenue compare to its market cap?
590078 fundamental statistics
Market Cap₹28.21b
Earnings (TTM)₹4.17b
Revenue (TTM)₹21.77b

6.6x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
590078 income statement (TTM)
Revenue₹21.77b
Cost of Revenue₹13.93b
Gross Profit₹7.84b
Expenses₹3.67b
Earnings₹4.17b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)143.16
Gross Margin36.01%
Net Profit Margin19.14%
Debt/Equity Ratio0.3%

How did 590078 perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

4%

Payout Ratio

Valuation

Is Maithan Alloys 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: 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.


Future Growth

How is Maithan Alloys forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

5.0%

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%).


Past Performance

How has Maithan Alloys performed over the past 5 years?

7.8%

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.


Financial Health

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.


Balance Sheet


Dividend

What is Maithan Alloys's current dividend yield, its reliability and sustainability?

0.64%

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.


Next Steps

Management

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

7.6yrs

Average management tenure


CEO

Subodh Agarwalla (43 yo)

4.67yrs

Tenure

₹65,600,000

Compensation

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.


Leadership Team

Experienced Management: 590078's management team is seasoned and experienced (7.6 years average tenure).


Board Members

Experienced Board: 590078's board of directors are considered experienced (5.8 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

Maithan Alloys Limited's employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Maithan Alloys Limited
  • P.O. Kalyaneshwari
  • Debipur Village
  • Burdwan
  • West Bengal
  • 713369
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/29 12:05
End of Day Share Price2021/11/29 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


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.