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JKCE

J.K. CementNSEI:JKCEMENT Stock Report

Market Cap

₹267.0b

7D

1.8%

1Y

96.9%

Updated

16 Oct, 2021

Data

Company Financials +
JKCEMENT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance6/6
Financial Health4/6
Dividends4/6

JKCEMENT Overview

J.K. Cement Limited manufactures and sells cement and its related products in India and internationally.

J.K. Cement Competitors

Price History & Performance

Summary of all time highs, changes and price drops for J.K. Cement
Historical stock prices
Current Share Price₹3,456.00
52 Week High₹1,760.00
52 Week Low₹3,699.90
Beta0.86
1 Month Change0.43%
3 Month Change9.42%
1 Year Change96.86%
3 Year Change404.89%
5 Year Change258.95%
Change since IPO2,122.51%

Recent News & Updates

Oct 15
Here's Why We Think J.K. Cement (NSE:JKCEMENT) Is Well Worth Watching

Here's Why We Think J.K. Cement (NSE:JKCEMENT) Is Well Worth Watching

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Sep 16
Is There Now An Opportunity In J.K. Cement Limited (NSE:JKCEMENT)?

Is There Now An Opportunity In J.K. Cement Limited (NSE:JKCEMENT)?

J.K. Cement Limited ( NSE:JKCEMENT ), might not be a large cap stock, but it led the NSEI gainers with a relatively...

Jul 25
Does J.K. Cement (NSE:JKCEMENT) Have A Healthy Balance Sheet?

Does J.K. Cement (NSE:JKCEMENT) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Shareholder Returns

JKCEMENTIN Basic MaterialsIN Market
7D1.8%2.1%2.3%
1Y96.9%71.4%68.3%

Return vs Industry: JKCEMENT exceeded the Indian Basic Materials industry which returned 71.4% over the past year.

Return vs Market: JKCEMENT exceeded the Indian Market which returned 68.3% over the past year.

Price Volatility

Is JKCEMENT's price volatile compared to industry and market?
JKCEMENT volatility
JKCEMENT Beta0.86
Industry Beta0.66
Market Beta1

Stable Share Price: JKCEMENT is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: JKCEMENT's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19753,751Madhavkrishna Singhaniahttps://www.jkcement.com

J.K. Cement Limited manufactures and sells cement and its related products in India and internationally. The company offers grey cement products, including ordinary Portland, Portland Pozzolana, weather shield cements, and Portland slag cements under the JK Super Cement brand name; and cement products for concrete under the JK Super Strong Cement brand. It also provides white cement based putty under JK Cement WallMaxX brand; white cement based primer under the JK Primaxx brand; gypsum plaster for application on walls and ceilings under the JK Cement GypsoMaxX brand; white cement based waterproof putty under the JK Cement ShieldMaxX brand; wall and floor adhesives, multipurpose adhesives, and white adhesives under the JK Cement TileMaxX brand; and white Portland cement under the JK Cement WhiteMaxX brand.

J.K. Cement Fundamentals Summary

How do J.K. Cement's earnings and revenue compare to its market cap?
JKCEMENT fundamental statistics
Market Cap₹267.04b
Earnings (TTM)₹8.49b
Revenue (TTM)₹73.15b

31.5x

P/E Ratio

3.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
JKCEMENT income statement (TTM)
Revenue₹73.15b
Cost of Revenue₹25.35b
Gross Profit₹47.81b
Expenses₹39.32b
Earnings₹8.49b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)109.87
Gross Margin65.35%
Net Profit Margin11.61%
Debt/Equity Ratio98.8%

How did JKCEMENT perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

13%

Payout Ratio

Valuation

Is J.K. Cement 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: JKCEMENT (₹3456) is trading below our estimate of fair value (₹12418.75)

Significantly Below Fair Value: JKCEMENT is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: JKCEMENT is poor value based on its PE Ratio (31.5x) compared to the Indian Basic Materials industry average (17.3x).

PE vs Market: JKCEMENT is poor value based on its PE Ratio (31.5x) compared to the Indian market (22.2x).


Price to Earnings Growth Ratio

PEG Ratio: JKCEMENT is poor value based on its PEG Ratio (1.8x)


Price to Book Ratio

PB vs Industry: JKCEMENT is overvalued based on its PB Ratio (7.1x) compared to the IN Basic Materials industry average (1.7x).


Future Growth

How is J.K. Cement forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

17.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JKCEMENT's forecast earnings growth (17.7% per year) is above the savings rate (6.7%).

Earnings vs Market: JKCEMENT's earnings (17.7% per year) are forecast to grow slower than the Indian market (19.2% per year).

High Growth Earnings: JKCEMENT's earnings are forecast to grow, but not significantly.

Revenue vs Market: JKCEMENT's revenue (10.9% per year) is forecast to grow slower than the Indian market (12.9% per year).

High Growth Revenue: JKCEMENT's revenue (10.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: JKCEMENT's Return on Equity is forecast to be high in 3 years time (21.4%)


Past Performance

How has J.K. Cement performed over the past 5 years?

30.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JKCEMENT has high quality earnings.

Growing Profit Margin: JKCEMENT's current net profit margins (11.6%) are higher than last year (7.6%).


Past Earnings Growth Analysis

Earnings Trend: JKCEMENT's earnings have grown significantly by 30.5% per year over the past 5 years.

Accelerating Growth: JKCEMENT's earnings growth over the past year (106.2%) exceeds its 5-year average (30.5% per year).

Earnings vs Industry: JKCEMENT earnings growth over the past year (106.2%) exceeded the Basic Materials industry 104%.


Return on Equity

High ROE: JKCEMENT's Return on Equity (22.7%) is considered high.


Financial Health

How is J.K. Cement's financial position?


Financial Position Analysis

Short Term Liabilities: JKCEMENT's short term assets (₹31.8B) exceed its short term liabilities (₹19.6B).

Long Term Liabilities: JKCEMENT's short term assets (₹31.8B) do not cover its long term liabilities (₹42.0B).


Debt to Equity History and Analysis

Debt Level: JKCEMENT's debt to equity ratio (98.8%) is considered high.

Reducing Debt: JKCEMENT's debt to equity ratio has reduced from 204.2% to 98.8% over the past 5 years.

Debt Coverage: JKCEMENT's debt is well covered by operating cash flow (43.4%).

Interest Coverage: JKCEMENT's interest payments on its debt are well covered by EBIT (9.3x coverage).


Balance Sheet


Dividend

What is J.K. Cement current dividend yield, its reliability and sustainability?

0.43%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: JKCEMENT's dividend (0.43%) is higher than the bottom 25% of dividend payers in the Indian market (0.33%).

High Dividend: JKCEMENT's dividend (0.43%) is low compared to the top 25% of dividend payers in the Indian market (1.35%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (13.5%), JKCEMENT's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: JKCEMENT's dividends in 3 years are forecast to be thoroughly covered by earnings (12.5% payout ratio).


Next Steps

Management

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

2.2yrs

Average management tenure


CEO

Madhavkrishna Singhania (33 yo)

1.17yrs

Tenure

₹80,987,000

Compensation

Mr. Madhavkrishna Singhania serves as Deputy Managing Director & Chief Executive Officer at J.K. Cement Limited since August 31, 2020 and serves as its Director since June 17, 2020. He served as an Executi...


CEO Compensation Analysis

Compensation vs Market: Madhavkrishna's total compensation ($USD1.08M) is above average for companies of similar size in the Indian market ($USD579.67K).

Compensation vs Earnings: Madhavkrishna's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: JKCEMENT's management team is considered experienced (2.2 years average tenure).


Board Members

Experienced Board: JKCEMENT's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

J.K. Cement Limited's employee growth, exchange listings and data sources


Key Information

  • Name: J.K. Cement Limited
  • Ticker: JKCEMENT
  • Exchange: NSEI
  • Founded: 1975
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: ₹267.043b
  • Shares outstanding: 77.27m
  • Website: https://www.jkcement.com

Number of Employees


Location

  • J.K. Cement Limited
  • Padam Tower
  • 19, DDA Community Centre
  • New Delhi
  • Delhi
  • 110020
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/16 12:07
End of Day Share Price2021/10/14 00:00
Earnings2021/06/30
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.