JSW Steel Limited engages in the manufacture and sale of iron and steel products in India and internationally. More Details
Moderate growth potential with mediocre balance sheet.
Share Price & News
How has JSW Steel's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: JSWSTEEL is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: JSWSTEEL's weekly volatility (7%) has been stable over the past year.
7 Day Return
IN Metals and Mining
1 Year Return
IN Metals and Mining
Return vs Industry: JSWSTEEL exceeded the Indian Metals and Mining industry which returned 204% over the past year.
Return vs Market: JSWSTEEL exceeded the Indian Market which returned 65.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is JSW Steel's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall StDid JSW Steel Limited (NSE:JSWSTEEL) Insiders Sell Shares?
3 weeks ago | Simply Wall StShould You Be Excited About JSW Steel Limited's (NSE:JSWSTEEL) 10% Return On Equity?
1 month ago | Simply Wall StRead This Before Buying JSW Steel Limited (NSE:JSWSTEEL) For Its Dividend
Is JSW Steel undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: JSWSTEEL (₹729.8) is trading above our estimate of fair value (₹246.61)
Significantly Below Fair Value: JSWSTEEL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: JSWSTEEL is poor value based on its PE Ratio (43.7x) compared to the IN Metals and Mining industry average (17.3x).
PE vs Market: JSWSTEEL is poor value based on its PE Ratio (43.7x) compared to the Indian market (19.2x).
Price to Earnings Growth Ratio
PEG Ratio: JSWSTEEL is poor value based on its PEG Ratio (2.1x)
Price to Book Ratio
PB vs Industry: JSWSTEEL is overvalued based on its PB Ratio (4.6x) compared to the IN Metals and Mining industry average (1.2x).
How is JSW Steel forecast to perform in the next 1 to 3 years based on estimates from 22 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: JSWSTEEL's forecast earnings growth (20.9% per year) is above the savings rate (6.8%).
Earnings vs Market: JSWSTEEL's earnings (20.9% per year) are forecast to grow slower than the Indian market (23.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: JSWSTEEL's revenue (14.7% per year) is forecast to grow faster than the Indian market (13.4% per year).
High Growth Revenue: JSWSTEEL's revenue (14.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: JSWSTEEL's Return on Equity is forecast to be low in 3 years time (19.7%).
How has JSW Steel performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JSWSTEEL has high quality earnings.
Growing Profit Margin: JSWSTEEL's current net profit margins (5.6%) are lower than last year (6.9%).
Past Earnings Growth Analysis
Earnings Trend: JSWSTEEL has become profitable over the past 5 years, growing earnings by 21.1% per year.
Accelerating Growth: JSWSTEEL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: JSWSTEEL had negative earnings growth (-25.7%) over the past year, making it difficult to compare to the Metals and Mining industry average (-0.6%).
Return on Equity
High ROE: JSWSTEEL's Return on Equity (10.5%) is considered low.
How is JSW Steel's financial position?
Financial Position Analysis
Short Term Liabilities: JSWSTEEL's short term assets (₹300.3B) do not cover its short term liabilities (₹406.1B).
Long Term Liabilities: JSWSTEEL's short term assets (₹300.3B) do not cover its long term liabilities (₹505.2B).
Debt to Equity History and Analysis
Debt Level: JSWSTEEL's debt to equity ratio (129.9%) is considered high.
Reducing Debt: JSWSTEEL's debt to equity ratio has reduced from 187% to 129.9% over the past 5 years.
Debt Coverage: JSWSTEEL's debt is well covered by operating cash flow (26.9%).
Interest Coverage: JSWSTEEL's interest payments on its debt are well covered by EBIT (3.3x coverage).
What is JSW Steel current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: JSWSTEEL's dividend (0.28%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.42%).
High Dividend: JSWSTEEL's dividend (0.28%) is low compared to the top 25% of dividend payers in the Indian market (1.77%).
Stability and Growth of Payments
Stable Dividend: JSWSTEEL's dividend payments have been volatile in the past 10 years.
Growing Dividend: JSWSTEEL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (12.2%), JSWSTEEL's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: JSWSTEEL's dividends in 3 years are forecast to be thoroughly covered by earnings (8.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sajjan Jindal (61 yo)
Mr. Sajjan Kumar Jindal, B.Engg. (Mech), serves as the Chairman, Managing Director and Executive Director of JSW Energy Limited & joined on January 01, 2009. Mr. Jindal has been the Managing Director and C...
CEO Compensation Analysis
Compensation vs Market: Sajjan's total compensation ($USD5.42M) is above average for companies of similar size in the Indian market ($USD974.94K).
Compensation vs Earnings: Sajjan's compensation has been consistent with company performance over the past year.
Experienced Management: JSWSTEEL's management team is seasoned and experienced (12.1 years average tenure).
Experienced Board: JSWSTEEL's board of directors are considered experienced (9.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: JSWSTEEL 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.
JSW Steel Limited's company bio, employee growth, exchange listings and data sources
- Name: JSW Steel Limited
- Ticker: JSWSTEEL
- Exchange: NSEI
- Founded: 1982
- Industry: Steel
- Sector: Materials
- Market Cap: ₹1.724t
- Shares outstanding: 2.40b
- Website: https://www.jsw.in
Number of Employees
- JSW Steel Limited
- JSW Centre
- Bandra Kurla Complex
JSW Steel Limited engages in the manufacture and sale of iron and steel products in India and internationally. The company provides hot rolled and cold-rolled coils, and electrical steel products, as well ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/06 12:16|
|End of Day Share Price||2021/05/06 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.