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Arcotech

NSEI:ARCOTECH
Snowflake Description

Moderate growth potential with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ARCOTECH
NSEI
₹440M
Market Cap
  1. Home
  2. IN
  3. Materials
Company description

Arcotech Limited manufactures and supplies non-ferrous engineering products primarily in India. The last earnings update was 95 days ago. More info.


Add to Portfolio Compare Print
  • Arcotech has significant price volatility in the past 3 months.
ARCOTECH Share Price and Events
7 Day Returns
-12.9%
NSEI:ARCOTECH
-2.7%
IN Metals and Mining
-0.1%
IN Market
1 Year Returns
-82.4%
NSEI:ARCOTECH
-25.1%
IN Metals and Mining
-3.7%
IN Market
ARCOTECH Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Arcotech (ARCOTECH) -12.9% -27.7% -8% -82.4% -94.4% -92.3%
IN Metals and Mining -2.7% -10.8% 3.3% -25.1% 55.6% -11%
IN Market -0.1% -5% 4.7% -3.7% 34.5% 38.6%
1 Year Return vs Industry and Market
  • ARCOTECH underperformed the Metals and Mining industry which returned -25.1% over the past year.
  • ARCOTECH underperformed the Market in India which returned -3.7% over the past year.
Price Volatility
ARCOTECH
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Arcotech undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Arcotech. This is due to cash flow or dividend data being unavailable. The share price is ₹4.05.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Arcotech's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Arcotech's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:ARCOTECH PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹-7.07
BSE:532914 Share Price ** BSE (2019-05-17) in INR ₹4.19
India Metals and Mining Industry PE Ratio Median Figure of 140 Publicly-Listed Metals and Mining Companies 9.55x
India Market PE Ratio Median Figure of 2,758 Publicly-Listed Companies 15.12x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Arcotech.

NSEI:ARCOTECH PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:532914 Share Price ÷ EPS (both in INR)

= 4.19 ÷ -7.07

-0.59x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Arcotech is loss making, we can't compare its value to the IN Metals and Mining industry average.
  • Arcotech is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does Arcotech's expected growth come at a high price?
Raw Data
NSEI:ARCOTECH PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.59x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
45.3%per year
India Metals and Mining Industry PEG Ratio Median Figure of 23 Publicly-Listed Metals and Mining Companies 0.64x
India Market PEG Ratio Median Figure of 559 Publicly-Listed Companies 1.25x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Arcotech, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Arcotech's assets?
Raw Data
NSEI:ARCOTECH PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹20.78
BSE:532914 Share Price * BSE (2019-05-17) in INR ₹4.19
India Metals and Mining Industry PB Ratio Median Figure of 166 Publicly-Listed Metals and Mining Companies 0.96x
India Market PB Ratio Median Figure of 3,638 Publicly-Listed Companies 1.02x
NSEI:ARCOTECH PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:532914 Share Price ÷ Book Value per Share (both in INR)

= 4.19 ÷ 20.78

0.2x

* Primary Listing of Arcotech.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Arcotech is good value based on assets compared to the IN Metals and Mining industry average.
X
Value checks
We assess Arcotech's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Arcotech has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Arcotech expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Arcotech, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
45.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Arcotech expected to grow at an attractive rate?
  • Arcotech's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Arcotech's earnings growth is expected to exceed the India market average.
  • Unable to compare Arcotech's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:ARCOTECH Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:ARCOTECH Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 45.3%
India Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 9.4%
India Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.2%
India Market Earnings Growth Rate Market Cap Weighted Average 16.8%
India Market Revenue Growth Rate Market Cap Weighted Average 10.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:ARCOTECH Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:ARCOTECH Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NSEI:ARCOTECH Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 6,191 -741
2018-09-30 7,104 -180
2018-06-30 7,534 11
2018-03-31 7,651 561 39
2017-12-31 8,037 204
2017-09-30 7,598 216
2017-06-30 7,577 225
2017-03-31 7,356 478 273
2016-12-31 6,964 351
2016-09-30 6,977 368
2016-06-30 7,103 380
2016-03-31 7,285 -25 365

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Arcotech's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Arcotech is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:ARCOTECH Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Arcotech Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:ARCOTECH Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NSEI:ARCOTECH Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 -7.07
2018-09-30 -1.71
2018-06-30 0.10
2018-03-31 0.37
2017-12-31 1.94
2017-09-30 2.06
2017-06-30 2.14
2017-03-31 2.60
2016-12-31 3.35
2016-09-30 3.51
2016-06-30 3.62
2016-03-31 3.47

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Arcotech will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Arcotech's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Arcotech has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Arcotech performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Arcotech's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Arcotech does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Arcotech's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Arcotech's 1-year growth to the IN Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Arcotech's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Arcotech Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:ARCOTECH Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 6,191.39 -741.16 77.22
2018-09-30 7,103.78 -179.96 81.56
2018-06-30 7,534.00 10.79 83.88
2018-03-31 7,651.40 39.13 88.49
2017-12-31 8,036.77 203.66 90.11
2017-09-30 7,597.62 216.03 94.05
2017-06-30 7,576.65 224.91 97.69
2017-03-31 7,355.79 273.13 97.29
2016-12-31 6,963.71 351.45 93.79
2016-09-30 6,977.03 368.30 90.60
2016-06-30 7,103.03 380.18 86.21
2016-03-31 7,285.05 364.75 83.91
2015-12-31 7,068.50 363.61 137.99
2015-09-30 7,190.41 361.93 137.79
2015-06-30 6,902.06 348.96 85.48
2015-03-31 6,561.10 337.56 84.34
2014-12-31 6,875.46 341.57 159.71
2014-09-30 6,704.08 331.72 159.48
2014-06-30 6,437.22 330.99 82.71
2014-03-31 6,251.50 330.99 155.39
2013-12-31 5,061.33 310.40 104.28
2013-09-30 4,429.99 297.66 103.01
2013-06-30 3,977.97 272.82 95.73
2013-03-31 3,692.15 229.06 93.40
2012-12-31 3,412.09 229.40 83.05
2012-09-30 3,101.72 197.45 77.94
2012-06-30 2,819.62 173.72 54.77

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Arcotech has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Arcotech has efficiently used its assets last year compared to the IN Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Arcotech improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Arcotech's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Arcotech has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Arcotech's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Arcotech's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Arcotech is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Arcotech's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Arcotech's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Arcotech Company Filings, last reported 4 months ago.

NSEI:ARCOTECH Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 2,179.47 3,742.63 178.08
2018-09-30 2,179.47 3,742.63 178.08
2018-06-30 2,270.17 3,048.19 218.11
2018-03-31 2,270.17 3,467.16 1.22
2017-12-31 2,353.34 2,746.62 220.95
2017-09-30 2,353.34 2,746.62 220.95
2017-06-30 2,258.77 3,014.42 216.03
2017-03-31 2,268.96 3,002.42 0.83
2016-12-31 2,169.35 3,192.89 208.61
2016-09-30 2,169.35 3,192.89 208.61
2016-06-30 1,994.63 3,126.15 218.79
2016-03-31 1,994.63 3,126.15 218.79
2015-12-31 1,838.97 2,813.85 225.76
2015-09-30 1,838.97 2,813.85 225.76
2015-06-30 1,667.80 1,988.49 208.13
2015-03-31 1,667.80 2,034.79 208.13
2014-12-31 1,502.31 2,167.54 93.07
2014-09-30 1,502.31 2,167.54 93.07
2014-06-30 1,355.51 2,084.33 162.97
2014-03-31 1,355.51 2,143.42 162.97
2013-12-31 1,195.16 1,979.46 111.98
2013-09-30 1,195.16 1,979.46 111.98
2013-06-30 1,049.09 1,410.07 88.79
2013-03-31 1,049.09 1,410.07 88.79
2012-12-31 846.50 915.80 58.20
2012-09-30 846.50 915.80 58.20
2012-06-30 769.00 773.00 46.10
  • Arcotech's level of debt (171.7%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (165.5% vs 171.7% today).
  • Debt is not well covered by operating cash flow (15%, less than 20% of total debt).
  • Unable to confirm if the interest payments on Arcotech's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Arcotech's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Arcotech has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Arcotech dividends.
If you bought ₹2,000 of Arcotech shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Arcotech's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Arcotech's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:ARCOTECH Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 63 Stocks 4.1%
India Market Average Dividend Yield Market Cap Weighted Average of 1398 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:ARCOTECH Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
NSEI:ARCOTECH Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2019-02-13 0.000 0.000
2018-11-14 0.000 0.000
2018-08-06 0.000 0.000
2018-06-26 0.000 0.000
2017-09-06 0.300 0.753
2017-07-24 0.300 0.323
2017-05-29 0.300 0.391
2016-05-30 0.300 0.355
2015-09-07 0.200 0.276
2015-05-29 0.200 0.287
2014-08-26 0.200 0.280
2014-05-07 0.200 0.339

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Arcotech has not reported any payouts.
  • Unable to verify if Arcotech's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Arcotech's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Arcotech has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Arcotech's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Arcotech afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Arcotech has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Arcotech's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Arcotech has no CEO, or we have no data on them.
Management Team

Krishan Mishra

TITLE
Company Secretary & Compliance Officer
TENURE
3.3 yrs

Radha Pattanayak

TITLE
Whole Time Director
COMPENSATION
₹4M
AGE
58

Umashankar Prajapati

TITLE
Chief General Manager of Plant
AGE
48
Board of Directors Tenure

Average tenure and age of the Arcotech board of directors in years:

5.3
Average Tenure
59
Average Age
  • The tenure for the Arcotech board of directors is about average.
Board of Directors

Arvind Saraf

TITLE
Chairman
AGE
60

Radha Pattanayak

TITLE
Whole Time Director
COMPENSATION
₹4M
AGE
58
TENURE
12.4 yrs

Rameshwar Tayal

TITLE
Independent Director
COMPENSATION
₹185K
AGE
65
TENURE
13.5 yrs

Maninder Kohli

TITLE
Non-Executive Director
COMPENSATION
₹120K
AGE
54
TENURE
5.5 yrs

Suresh Thakur

TITLE
Independent Director
COMPENSATION
₹245K
AGE
59
TENURE
5 yrs

Sonia Dube

TITLE
Independent Director
COMPENSATION
₹60K
AGE
44
TENURE
4.8 yrs

Sham Mohan

TITLE
Independent Director
COMPENSATION
₹205K
AGE
73
TENURE
4.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
13. Oct 18 Sell Sidhant Distributor Pvt Ltd Company 04. Oct 18 11. Oct 18 -269,543 ₹7.87 ₹-2,120,653
13. Oct 18 Sell Arco Infoway Pvt Ltd Company 26. Sep 18 10. Oct 18 -110,534 ₹8.32 ₹-920,132
06. Jul 18 Buy Rishabh Saraf Individual 05. Jul 18 05. Jul 18 150,000 ₹13.80 ₹2,069,503
29. Jun 18 Buy Rishabh Saraf Individual 27. Jun 18 27. Jun 18 201,169 ₹15.74 ₹3,167,359
14. Jun 18 Sell Sidhant Distributor Pvt Ltd Company 08. Jun 18 08. Jun 18 -80,000 ₹19.87 ₹-1,589,282
22. Jun 18 Buy Rishabh Saraf Individual 20. Jun 18 20. Jun 18 100,000 ₹19.46 ₹1,945,780
15. Jun 18 Buy Rishabh Saraf Individual 12. Jun 18 12. Jun 18 100,000 ₹21.30 ₹2,129,896
07. Jun 18 Buy Rishabh Saraf Individual 06. Jun 18 06. Jun 18 100,000 ₹21.56 ₹2,156,086
25. May 18 Sell Arco It Solutions Pvt Ltd Company 21. May 18 21. May 18 -220,930 ₹22.77 ₹-5,029,877
25. May 18 Sell Arco It Solutions Pvt Ltd Company 21. May 18 21. May 18 -220,930 ₹22.77 ₹-5,029,877
X
Management checks
We assess Arcotech's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Arcotech has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Arcotech Limited (NSE:ARCOTECH) Insiders Increased Their Holdings

We often see insiders buying up shares in companies that perform well over the long term. … So shareholders might well want to know whether insiders have been buying or selling shares in Arcotech Limited (NSE:ARCOTECH). … NSEI:ARCOTECH Recent Insider Trading, May 13th 2019 There are plenty of other companies that have insiders buying up shares.

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Read This Before Selling Arcotech Limited (NSE:ARCOTECH) Shares

On the other hand, we'd be remiss not to mention that insider sales have been known to precede tough periods for a business. … We don't think shareholders should simply follow insider transactions. … But equally, we would consider it foolish to ignore insider transactions altogether.

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Can We See Significant Insider Ownership On The Arcotech Limited (NSE:ARCOTECH) Share Register?

The big shareholder groups in Arcotech Limited (NSE:ARCOTECH) have power over the company. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … We can zoom in on the different ownership groups, to learn more about ARCOTECH

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How Did Arcotech Limited's (NSE:ARCOTECH) 1.72% ROE Fare Against The Industry?

and want to start learning about core concepts of fundamental analysis on practical examples from today's market. … Knowing these components can change your views on ARCOTECH's below-average returns. … Metrics such as financial leverage can impact the level of ROE which in turn can affect the sustainability of ARCOTECH's returns

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Does Arcotech Limited's (NSE:ARCOTECH) PE Ratio Signal A Buying Opportunity?

and want to better understand how you can grow your money by investing in Arcotech Limited (NSE:ARCOTECH). … Arcotech Limited (NSE:ARCOTECH) trades with a trailing P/E of 10.3x, which is lower than the industry average of 16.2x. … While this makes ARCOTECH appear like a great stock to buy, you might change your mind after I explain the assumptions behind the P/E ratio.

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Should You Be Concerned About Arcotech Limited's (NSE:ARCOTECH) Shareholders?

Today, I will be analyzing Arcotech Limited’s (NSEI:ARCOTECH) recent ownership structure, an important but not-so-popular subject among individual investors. … Check out our latest analysis for Arcotech NSEI:ARCOTECH Ownership_summary May 31st 18 Institutional Ownership Institutional investors transact in large blocks which can influence the momentum of stock prices, at least in the short-term, especially when there is a low level of public shares available on the market to trade. … Thus, investors should dig deeper into ARCOTECH's business relations with these companies and how it can affect shareholder returns in the long-term.Next Steps: Institutional ownership in ARCOTECH is not at a level that would concern investors.

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Should You Buy Arcotech Limited (NSE:ARCOTECH) Now?

Great news for investors – Arcotech is still trading at a fairly cheap price. … Even though growth is relatively muted, since ARCOTECH is currently undervalued, it may be a great time to accumulate more of your holdings in the stock. … Its future outlook isn’t fully reflected in the current share price yet, which means it’s not too late to buy ARCOTECH.

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Does Arcotech Limited's (NSE:ARCOTECH) -42.05% Earnings Drop Reflect A Longer Term Trend?

After looking at Arcotech Limited's (NSEI:ARCOTECH) latest earnings announcement (31 December 2017), I found it useful to revisit the company's performance in the past couple of years and assess this against the most recent figures. … For Arcotech, its latest earnings (trailing twelve month) is ₹203.66M, which, relative to the previous year's level, has plunged by a large -42.05%. … Typically companies that face a drawn out period of diminishing earnings are undergoing some sort of reinvestment phase with the aim of keeping up with the latest industry disruption and growth.

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How Did Arcotech Limited's (NSE:ARCOTECH) 8.65% ROE Fare Against The Industry?

View our latest analysis for Arcotech Peeling the layers of ROE – trisecting a company’s profitability Return on Equity (ROE) weighs Arcotech’s profit against the level of its shareholders’ equity. … Return on Equity = Net Profit ÷ Shareholders Equity ROE is assessed against cost of equity, which is measured using the Capital Asset Pricing Model (CAPM) – but let’s not dive into the details of that today. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity NSEI:ARCOTECH Last Perf Apr 19th 18 The first component is profit margin, which measures how much of sales is retained after the company pays for all its expenses.

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Should You Buy Arcotech Limited (NSE:ARCOTECH) At This PE Ratio?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for ARCOTECH Price per share = ₹35.7 Earnings per share = ₹1.937 ∴ Price-Earnings Ratio = ₹35.7 ÷ ₹1.937 = 18.4x On its own, the P/E ratio doesn’t tell you much; however, it becomes extremely useful when you compare it with other similar companies. … We preferably want to compare the stock’s P/E ratio to the average of companies that have similar features to ARCOTECH, such as capital structure and profitability. … For example, if you are inadvertently comparing lower risk firms with ARCOTECH, then ARCOTECH’s P/E would naturally be lower than its peers, since investors would value those with lower risk with a higher price.

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Company Info

Description

Arcotech Limited manufactures and supplies non-ferrous engineering products primarily in India. The company offers non-ferrous alloy products, including copper, brass, phosphor bronze, nickel silver, nickel brass, cupro nickel, aluminum bronze, tin bearing copper, silver bearing copper, etc. in the form of semis, such as ingots, strips, sheets, plates, foils, bus bars, and rods, as well as coin blanks, lugs, key blanks, terminals, connectors, etc. It also offers sheet metal stamping services and metal components; HSS, carbide, and graphite tools; and value added services, including welding, riveting, tapping, and mechanical assembly services. The company serves automobile, electronic, electrical/power transmission, cable, housing, and air-conditioning industries; manufacturers of torches and flash lights, zippers/buttons, locks and keys, watches and clocks, handicrafts and decorative items, and gas stoves; coin mints; and valves, riveting, and other general engineering users, as well as ordinance factories and defense sector. Arcotech Limited also exports its products to approximately 21 countries in Asia, Africa, North America, South America, Australia, and Europe. The company was founded in 1981 and is based in New Delhi, India.

Details
Name: Arcotech Limited
ARCOTECH
Exchange: NSEI
Founded: 1981
₹439,950,000
105,000,000
Website: http://www.arcotech.in
Address: Arcotech Limited
F-701 A, Lado Sarai,
New Delhi,
Delhi, 110030,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 532914 Equity Shares Mumbai Stock Exchange IN INR 01. Apr 2008
NSEI ARCOTECH Equity Shares National Stock Exchange of India IN INR 01. Apr 2008
Number of employees
Current staff
Staff numbers
193
Arcotech employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/19 13:07
End of day share price update: 2019/05/17 00:00
Last estimates confirmation: 2018/06/08
Last earnings filing: 2019/02/13
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.