| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
ACC Stock Overview
ACC Limited manufactures and sells cement and ready-mix concrete in India.
ACC Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹2,179.95 |
| 52 Week High | ₹2,589.00 |
| 52 Week Low | ₹1,584.20 |
| Beta | 0.64 |
| 1 Month Change | 2.02% |
| 3 Month Change | -4.72% |
| 1 Year Change | 33.10% |
| 3 Year Change | 57.22% |
| 5 Year Change | 48.44% |
| Change since IPO | 85.80% |
Recent News & Updates
ACC (NSE:ACC) Is Looking To Continue Growing Its Returns On Capital
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...
We Think ACC (NSE:ACC) Can Manage Its Debt With Ease
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Do ACC's (NSE:ACC) Earnings Warrant Your Attention?
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Calculating The Intrinsic Value Of ACC Limited (NSE:ACC)
In this article we are going to estimate the intrinsic value of ACC Limited ( NSE:ACC ) by taking the expected future...
The Return Trends At ACC (NSE:ACC) Look Promising
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...
Shareholder Returns
| ACC | IN Basic Materials | IN Market | |
|---|---|---|---|
| 7D | -2.3% | -6.9% | -4.9% |
| 1Y | 33.1% | 35.6% | 30.7% |
Return vs Industry: ACC underperformed the Indian Basic Materials industry which returned 35.6% over the past year.
Return vs Market: ACC exceeded the Indian Market which returned 30.7% over the past year.
Price Volatility
| ACC volatility | |
|---|---|
| ACC Average Weekly Movement | 3.7% |
| Basic Materials Industry Average Movement | 5.5% |
| Market Average Movement | 6.8% |
| 10% most volatile stocks in IN Market | 10.1% |
| 10% least volatile stocks in IN Market | 4.1% |
Stable Share Price: ACC is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: ACC's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1936 | 6,401 | Sridhar Balakrishnan | https://www.acclimited.com |
ACC Limited manufactures and sells cement and ready-mix concrete in India. The company provides ordinary Portland cement; blended cement, including Portland Pozzolana cement, Portland slag cement, and composite cement; gold and silver range of cement; ready mixed concrete value-added products; and bulk cement. It also offers construction chemicals, such as ACC LeakBlock, a polymer-based integral waterproofing compound used in various types of cement mortar, plasters, and concrete; ACC LeakBlock WaterProof Plaster - LB 101, a ready-to-use cementitious waterproof mortar for internal and external plaster applications; and tile adhesives.
ACC Fundamentals Summary
| ACC fundamental statistics | |
|---|---|
| Market Cap | ₹409.37b |
| Earnings (TTM) | ₹20.55b |
| Revenue (TTM) | ₹160.71b |
19.9x
P/E Ratio2.5x
P/S RatioIs ACC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ACC income statement (TTM) | |
|---|---|
| Revenue | ₹160.71b |
| Cost of Revenue | ₹60.37b |
| Gross Profit | ₹100.34b |
| Expenses | ₹79.79b |
| Earnings | ₹20.55b |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Feb 09, 2022
| Earnings per share (EPS) | 109.41 |
| Gross Margin | 62.43% |
| Net Profit Margin | 12.78% |
| Debt/Equity Ratio | 0.7% |
How did ACC perform over the long term?
See historical performance and comparisonDividends
0.6%
Current Dividend Yield13%
Payout RatioValuation
Is ACC undervalued compared to its fair value and its price relative to the market?
5.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ACC (₹2179.95) is trading below our estimate of fair value (₹2311.08)
Significantly Below Fair Value: ACC is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ACC is poor value based on its PE Ratio (19.9x) compared to the Indian Basic Materials industry average (16.8x).
PE vs Market: ACC is good value based on its PE Ratio (19.9x) compared to the Indian market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: ACC is poor value based on its PEG Ratio (2.1x)
Price to Book Ratio
PB vs Industry: ACC is overvalued based on its PB Ratio (3x) compared to the IN Basic Materials industry average (1.6x).
Future Growth
How is ACC forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
9.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ACC's forecast earnings growth (9.6% per year) is above the savings rate (6.7%).
Earnings vs Market: ACC's earnings (9.6% per year) are forecast to grow slower than the Indian market (21.3% per year).
High Growth Earnings: ACC's earnings are forecast to grow, but not significantly.
Revenue vs Market: ACC's revenue (8.9% per year) is forecast to grow slower than the Indian market (13.1% per year).
High Growth Revenue: ACC's revenue (8.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ACC's Return on Equity is forecast to be low in 3 years time (13.9%).
Past Performance
How has ACC performed over the past 5 years?
20.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ACC has high quality earnings.
Growing Profit Margin: ACC's current net profit margins (12.8%) are higher than last year (9%).
Past Earnings Growth Analysis
Earnings Trend: ACC's earnings have grown significantly by 20.3% per year over the past 5 years.
Accelerating Growth: ACC's earnings growth over the past year (66.9%) exceeds its 5-year average (20.3% per year).
Earnings vs Industry: ACC earnings growth over the past year (66.9%) underperformed the Basic Materials industry 72.6%.
Return on Equity
High ROE: ACC's Return on Equity (15.1%) is considered low.
Financial Health
How is ACC's financial position?
Financial Position Analysis
Short Term Liabilities: ACC's short term assets (₹91.7B) exceed its short term liabilities (₹48.3B).
Long Term Liabilities: ACC's short term assets (₹91.7B) exceed its long term liabilities (₹7.1B).
Debt to Equity History and Analysis
Debt Level: ACC has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ACC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ACC's debt is well covered by operating cash flow (2102%).
Interest Coverage: ACC earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is ACC current dividend yield, its reliability and sustainability?
0.64%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ACC's dividend (0.64%) is higher than the bottom 25% of dividend payers in the Indian market (0.31%).
High Dividend: ACC's dividend (0.64%) is low compared to the top 25% of dividend payers in the Indian market (1.37%).
Stability and Growth of Payments
Stable Dividend: ACC's dividend payments have been volatile in the past 10 years.
Growing Dividend: ACC's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (12.8%), ACC's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ACC's dividends in 3 years are forecast to be well covered by earnings (22.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.0yrs
Average management tenure
CEO
Sridhar Balakrishnan (51 yo)
1.92yrs
Tenure
₹33,245,000
Compensation
Mr. Sridhar Balakrishnan has been Managing Director, Chief Executive Officer of ACC Limited since February 21, 2020 and Executive Director since February 20, 2020 and had been its Chief Commercial Officer...
CEO Compensation Analysis
Compensation vs Market: Sridhar's total compensation ($USD444.71K) is below average for companies of similar size in the Indian market ($USD765.90K).
Compensation vs Earnings: Insufficient data to compare Sridhar's compensation with company performance.
Leadership Team
Experienced Management: ACC's management team is considered experienced (2 years average tenure).
Board Members
Experienced Board: ACC's board of directors are considered experienced (4.7 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
ACC Limited's employee growth, exchange listings and data sources
Key Information
- Name: ACC Limited
- Ticker: ACC
- Exchange: NSEI
- Founded: 1936
- Industry: Construction Materials
- Sector: Materials
- Implied Market Cap: ₹409.367b
- Shares outstanding: 187.79m
- Website: https://www.acclimited.com
Number of Employees
Location
- ACC Limited
- Cement House
- 121, Maharshi Karve Road
- Mumbai
- Maharashtra
- 400020
- India
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/26 12:04 |
| End of Day Share Price | 2022/01/25 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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.