CARBORUNIV Stock Overview
Carborundum Universal Limited, together with its subsidiaries, engages in the manufacture and sale of abrasives, ceramics, and electro minerals in India and internationally.
Carborundum Universal Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹669.60|
|52 Week High||₹1,035.00|
|52 Week Low||₹580.05|
|1 Month Change||-6.10%|
|3 Month Change||-12.01%|
|1 Year Change||14.68%|
|3 Year Change||87.38%|
|5 Year Change||107.89%|
|Change since IPO||1,563.60%|
Recent News & Updates
Carborundum Universal's (NSE:CARBORUNIV) Shareholders Will Receive A Bigger Dividend Than Last Year
The board of Carborundum Universal Limited ( NSE:CARBORUNIV ) has announced that it will be increasing its dividend on...
These 4 Measures Indicate That Carborundum Universal (NSE:CARBORUNIV) Is Using Debt Reasonably Well
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Carborundum Universal (NSE:CARBORUNIV) Is Paying Out A Larger Dividend Than Last Year
Carborundum Universal Limited ( NSE:CARBORUNIV ) will increase its dividend on the 25th of August to ₹2.00. This takes...
I Ran A Stock Scan For Earnings Growth And Carborundum Universal (NSE:CARBORUNIV) Passed With Ease
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
|CARBORUNIV||IN Chemicals||IN Market|
Return vs Industry: CARBORUNIV exceeded the Indian Chemicals industry which returned -3.8% over the past year.
Return vs Market: CARBORUNIV exceeded the Indian Market which returned -2.5% over the past year.
|CARBORUNIV Average Weekly Movement||3.7%|
|Chemicals Industry Average Movement||6.8%|
|Market Average Movement||6.9%|
|10% most volatile stocks in IN Market||9.8%|
|10% least volatile stocks in IN Market||4.5%|
Stable Share Price: CARBORUNIV is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: CARBORUNIV's weekly volatility (4%) has been stable over the past year.
About the Company
Carborundum Universal Limited, together with its subsidiaries, engages in the manufacture and sale of abrasives, ceramics, and electro minerals in India and internationally. The company operates through three segments: Surface Engineering, Technical Ceramics and Super Refractory Solutions, and Electrominerals. It offers bonded and coated abrasives, processed cloth products, polymers, power tools, and coolants; and electro minerals, including fused alumina, silicon carbide, fused zirconia, aluminum zirconia, pearl zirconia, and zircon mullite.
Carborundum Universal Fundamentals Summary
|CARBORUNIV fundamental statistics|
Is CARBORUNIV overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CARBORUNIV income statement (TTM)|
|Cost of Revenue||₹15.61b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||17.56|
|Net Profit Margin||10.03%|
How did CARBORUNIV perform over the long term?See historical performance and comparison
0.6%Current Dividend Yield
Does CARBORUNIV pay a reliable dividends?See CARBORUNIV dividend history and benchmarks
|Carborundum Universal dividend dates|
|Ex Dividend Date||Jul 21 2022|
|Dividend Pay Date||Aug 25 2022|
|Days until Ex dividend||27 days|
|Days until Dividend pay date||62 days|
Does CARBORUNIV pay a reliable dividends?See CARBORUNIV dividend history and benchmarks
Is CARBORUNIV undervalued compared to its fair value, analyst forecasts and its price relative to the market?
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
Key Valuation Metric
Which metric is best to use when looking at relative valuation for CARBORUNIV?
Other financial metrics that can be useful for relative valuation.
|What is CARBORUNIV's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does CARBORUNIV's PE Ratio compare to its peers?
|CARBORUNIV PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
Price-To-Earnings vs Peers: CARBORUNIV is expensive based on its Price-To-Earnings Ratio (38.2x) compared to the peer average (23.4x).
Price to Earnings Ratio vs Industry
How does CARBORUNIV's PE Ratio compare vs other companies in the Indian Chemicals Industry?
Price-To-Earnings vs Industry: CARBORUNIV is expensive based on its Price-To-Earnings Ratio (38.2x) compared to the Indian Chemicals industry average (16.2x)
Price to Earnings Ratio vs Fair Ratio
What is CARBORUNIV'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.
|Current PE Ratio||38.2x|
|Fair PE Ratio||22x|
Price-To-Earnings vs Fair Ratio: CARBORUNIV is expensive based on its Price-To-Earnings Ratio (38.2x) compared to the estimated Fair Price-To-Earnings Ratio (22x).
Share Price vs Fair Value
What is the Fair Price of CARBORUNIV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: CARBORUNIV (₹669.6) is trading above our estimate of fair value (₹392.11)
Significantly Below Fair Value: CARBORUNIV is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: CARBORUNIV is poor value based on its PEG Ratio (2.4x)
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How is Carborundum Universal forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CARBORUNIV's forecast earnings growth (16% per year) is above the savings rate (6.7%).
Earnings vs Market: CARBORUNIV's earnings (16% per year) are forecast to grow slower than the Indian market (17.5% per year).
High Growth Earnings: CARBORUNIV's earnings are forecast to grow, but not significantly.
Revenue vs Market: CARBORUNIV's revenue (14.4% per year) is forecast to grow faster than the Indian market (11.5% per year).
High Growth Revenue: CARBORUNIV's revenue (14.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CARBORUNIV's Return on Equity is forecast to be low in 3 years time (17.5%).
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How has Carborundum Universal performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CARBORUNIV has a high level of non-cash earnings.
Growing Profit Margin: CARBORUNIV's current net profit margins (10%) are lower than last year (10.8%).
Past Earnings Growth Analysis
Earnings Trend: CARBORUNIV's earnings have grown by 13% per year over the past 5 years.
Accelerating Growth: CARBORUNIV's earnings growth over the past year (17.2%) exceeds its 5-year average (13% per year).
Earnings vs Industry: CARBORUNIV earnings growth over the past year (17.2%) underperformed the Chemicals industry 29.6%.
Return on Equity
High ROE: CARBORUNIV's Return on Equity (14.3%) is considered low.
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How is Carborundum Universal's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: CARBORUNIV's short term assets (₹16.5B) exceed its short term liabilities (₹7.7B).
Long Term Liabilities: CARBORUNIV's short term assets (₹16.5B) exceed its long term liabilities (₹1.0B).
Debt to Equity History and Analysis
Debt Level: CARBORUNIV has more cash than its total debt.
Reducing Debt: CARBORUNIV's debt to equity ratio has reduced from 10.6% to 8.7% over the past 5 years.
Debt Coverage: CARBORUNIV's debt is well covered by operating cash flow (115.2%).
Interest Coverage: CARBORUNIV's interest payments on its debt are well covered by EBIT (74.8x coverage).
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What is Carborundum Universal current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: CARBORUNIV's dividend (0.6%) is higher than the bottom 25% of dividend payers in the Indian market (0.44%).
High Dividend: CARBORUNIV's dividend (0.6%) is low compared to the top 25% of dividend payers in the Indian market (1.92%).
Stability and Growth of Payments
Stable Dividend: CARBORUNIV's dividend payments have been volatile in the past 10 years.
Growing Dividend: CARBORUNIV's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.9%), CARBORUNIV's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: CARBORUNIV is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
N. Ananthaseshan (59 yo)
Mr. N. Ananthaseshan has been Managing Director (Designate) of Carborundum Universal Limited since November 23, 2019. Mr. Ananthaseshan served as President of Abrasives at Carborundum Universal Ltd. He ser...
CEO Compensation Analysis
Compensation vs Market: N.'s total compensation ($USD200.19K) is below average for companies of similar size in the Indian market ($USD461.75K).
Compensation vs Earnings: N.'s compensation has been consistent with company performance over the past year.
Experienced Management: CARBORUNIV's management team is considered experienced (3.8 years average tenure).
Experienced Board: CARBORUNIV's board of directors are considered experienced (5.1 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Carborundum Universal Limited's employee growth, exchange listings and data sources
- Name: Carborundum Universal Limited
- Ticker: CARBORUNIV
- Exchange: NSEI
- Founded: 1954
- Industry: Commodity Chemicals
- Sector: Materials
- Implied Market Cap: ₹127.219b
- Shares outstanding: 189.88m
- Website: https://www.cumi-murugappa.com
Number of Employees
- Carborundum Universal Limited
- Parry House
- 43, Moore Street
- Tamil Nadu
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/23 00:00|
|End of Day Share Price||2022/06/23 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.