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APLA

APL Apollo Tubes NSEI:APLAPOLLO Stock Report

Last Price

₹878.05

Market Cap

₹219.8b

7D

3.1%

1Y

7.8%

Updated

29 Jun, 2022

Data

Company Financials +
APLAPOLLO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance4/6
Financial Health6/6
Dividends2/6

APLAPOLLO Stock Overview

APL Apollo Tubes Limited manufactures and sells structural steel tubes and pipes in India.

APL Apollo Tubes Competitors

Price History & Performance

Summary of all time highs, changes and price drops for APL Apollo Tubes
Historical stock prices
Current Share Price₹878.05
52 Week High₹1,114.55
52 Week Low₹718.08
Beta1.02
1 Month Change-0.92%
3 Month Change-4.00%
1 Year Change7.78%
3 Year Change435.25%
5 Year Change449.47%
Change since IPO6,487.02%

Recent News & Updates

Jun 15
Is APL Apollo Tubes (NSE:APLAPOLLO) A Risky Investment?

Is APL Apollo Tubes (NSE:APLAPOLLO) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Jun 01
APL Apollo Tubes (NSE:APLAPOLLO) Is Aiming To Keep Up Its Impressive Returns

APL Apollo Tubes (NSE:APLAPOLLO) Is Aiming To Keep Up Its Impressive Returns

What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...

May 19
Broker Revenue Forecasts For APL Apollo Tubes Limited (NSE:APLAPOLLO) Are Surging Higher

Broker Revenue Forecasts For APL Apollo Tubes Limited (NSE:APLAPOLLO) Are Surging Higher

APL Apollo Tubes Limited ( NSE:APLAPOLLO ) shareholders will have a reason to smile today, with the analysts making...

Shareholder Returns

APLAPOLLOIN Metals and MiningIN Market
7D3.1%5.3%3.0%
1Y7.8%-17.4%0.3%

Return vs Industry: APLAPOLLO exceeded the Indian Metals and Mining industry which returned -17.4% over the past year.

Return vs Market: APLAPOLLO exceeded the Indian Market which returned 0.6% over the past year.

Price Volatility

Is APLAPOLLO's price volatile compared to industry and market?
APLAPOLLO volatility
APLAPOLLO Average Weekly Movement6.9%
Metals and Mining Industry Average Movement7.7%
Market Average Movement7.0%
10% most volatile stocks in IN Market9.9%
10% least volatile stocks in IN Market4.5%

Stable Share Price: APLAPOLLO is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: APLAPOLLO's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19861,957Sanjay Guptahttps://www.aplapollo.com

APL Apollo Tubes Limited manufactures and sells structural steel tubes and pipes in India. The company offers structural tubes for automotive, machinery, furniture etc. applications; pre galvanized sections of square, rectangular, and circular tubes used for roofing structure; galvanized iron products for industrial and agricultural applications; black round tubes for use in plumbing systems; oval, octagon, and elliptical tubes; ready-made chaukhat, and door and fencing solutions; and triple coated in-line galvanizing tubes, designer galvanized tubes, hybrid tubes, and narrow sections. It also exports its products to approximately 20 countries worldwide.

APL Apollo Tubes Fundamentals Summary

How do APL Apollo Tubes's earnings and revenue compare to its market cap?
APLAPOLLO fundamental statistics
Market Cap₹219.78b
Earnings (TTM)₹5.57b
Revenue (TTM)₹130.63b

39.4x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
APLAPOLLO income statement (TTM)
Revenue₹130.63b
Cost of Revenue₹112.23b
Gross Profit₹18.40b
Other Expenses₹12.83b
Earnings₹5.57b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)22.27
Gross Margin14.09%
Net Profit Margin4.27%
Debt/Equity Ratio23.6%

How did APLAPOLLO perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

16%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is APLAPOLLO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for APLAPOLLO?

Other financial metrics that can be useful for relative valuation.

APLAPOLLO key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.7x
Enterprise Value/EBITDA23.7x
PEG Ratio1.7x

Price to Earnings Ratio vs Peers

How does APLAPOLLO's PE Ratio compare to its peers?

APLAPOLLO PE Ratio vs Peers
The above table shows the PE ratio for APLAPOLLO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average11.6x
500113 Steel Authority of India
2.4x-40.9%₹289.3b
JINDALSTEL Jindal Steel & Power
4.2x-17.0%₹347.5b
526371 NMDC
3.4x-38.3%₹320.9b
KIOCL KIOCL
36.4xn/a₹114.2b
APLAPOLLO APL Apollo Tubes
39.4x23.1%₹219.8b

Price-To-Earnings vs Peers: APLAPOLLO is expensive based on its Price-To-Earnings Ratio (39.4x) compared to the peer average (11.6x).


Price to Earnings Ratio vs Industry

How does APLAPOLLO's PE Ratio compare vs other companies in the IN Metals and Mining Industry?

Price-To-Earnings vs Industry: APLAPOLLO is expensive based on its Price-To-Earnings Ratio (39.4x) compared to the Indian Metals and Mining industry average (12.4x)


Price to Earnings Ratio vs Fair Ratio

What is APLAPOLLO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

APLAPOLLO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio39.4x
Fair PE Ratio27.1x

Price-To-Earnings vs Fair Ratio: APLAPOLLO is expensive based on its Price-To-Earnings Ratio (39.4x) compared to the estimated Fair Price-To-Earnings Ratio (27.1x).


Share Price vs Fair Value

What is the Fair Price of APLAPOLLO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: APLAPOLLO (₹878.05) is trading above our estimate of fair value (₹728.05)

Significantly Below Fair Value: APLAPOLLO is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: APLAPOLLO is poor value based on its PEG Ratio (1.7x)


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Future Growth

How is APL Apollo Tubes forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


23.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: APLAPOLLO's forecast earnings growth (23.1% per year) is above the savings rate (6.7%).

Earnings vs Market: APLAPOLLO's earnings (23.1% per year) are forecast to grow faster than the Indian market (17.3% per year).

High Growth Earnings: APLAPOLLO's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: APLAPOLLO's revenue (15.8% per year) is forecast to grow faster than the Indian market (11.5% per year).

High Growth Revenue: APLAPOLLO's revenue (15.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: APLAPOLLO's Return on Equity is forecast to be high in 3 years time (31.5%)


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Past Performance

How has APL Apollo Tubes performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


31.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: APLAPOLLO has a high level of non-cash earnings.

Growing Profit Margin: APLAPOLLO's current net profit margins (4.3%) are higher than last year (4.2%).


Past Earnings Growth Analysis

Earnings Trend: APLAPOLLO's earnings have grown significantly by 31.4% per year over the past 5 years.

Accelerating Growth: APLAPOLLO's earnings growth over the past year (54.7%) exceeds its 5-year average (31.4% per year).

Earnings vs Industry: APLAPOLLO earnings growth over the past year (54.7%) underperformed the Metals and Mining industry 76.9%.


Return on Equity

High ROE: APLAPOLLO's Return on Equity (25.1%) is considered high.


Discover strong past performing companies

Financial Health

How is APL Apollo Tubes's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: APLAPOLLO's short term assets (₹18.3B) exceed its short term liabilities (₹14.3B).

Long Term Liabilities: APLAPOLLO's short term assets (₹18.3B) exceed its long term liabilities (₹5.6B).


Debt to Equity History and Analysis

Debt Level: APLAPOLLO's net debt to equity ratio (8.1%) is considered satisfactory.

Reducing Debt: APLAPOLLO's debt to equity ratio has reduced from 84.5% to 23.6% over the past 5 years.

Debt Coverage: APLAPOLLO's debt is well covered by operating cash flow (112.3%).

Interest Coverage: APLAPOLLO's interest payments on its debt are well covered by EBIT (29.1x coverage).


Balance Sheet


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Dividend

What is APL Apollo Tubes's current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.40%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: APLAPOLLO's dividend (0.4%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.43%).

High Dividend: APLAPOLLO's dividend (0.4%) is low compared to the top 25% of dividend payers in the Indian market (1.85%).


Stability and Growth of Payments

Stable Dividend: APLAPOLLO's dividend payments have been volatile in the past 10 years.

Growing Dividend: APLAPOLLO's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (15.7%), APLAPOLLO's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (159.1%), APLAPOLLO's dividend payments are not well covered by cash flows.


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Management

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

2.9yrs

Average management tenure


CEO

Sanjay Gupta (50 yo)

2.58yrs

Tenure

₹3,500,000

Compensation

Mr. Sanjay Gupta serves as Managing Director at APL Apollo Tubes Limited since November 11, 2019. He has been Executive Chairman of APL Apollo Tubes Limited since April 01, 2012. Mr. Gupta epitomizes the d...


CEO Compensation Analysis

Compensation vs Market: Sanjay's total compensation ($USD44.30K) is below average for companies of similar size in the Indian market ($USD641.14K).

Compensation vs Earnings: Sanjay's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: APLAPOLLO's management team is considered experienced (2.9 years average tenure).


Board Members

Experienced Board: APLAPOLLO's board of directors are considered experienced (7.5 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

APL Apollo Tubes Limited's employee growth, exchange listings and data sources


Key Information

  • Name: APL Apollo Tubes Limited
  • Ticker: APLAPOLLO
  • Exchange: NSEI
  • Founded: 1986
  • Industry: Steel
  • Sector: Materials
  • Implied Market Cap: ₹219.784b
  • Shares outstanding: 250.28m
  • Website: https://www.aplapollo.com

Number of Employees


Location

  • APL Apollo Tubes Limited
  • 36, Kaushambi
  • Near Anand Vihar Terminal
  • Ghaziabad
  • Uttar Pradesh
  • 201010
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/29 00:00
End of Day Share Price2022/06/29 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.