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MANA

Manaksia Coated Metals & Industries NSEI:MANAKCOAT Stock Report

Last Price

₹19.35

Market Cap

₹1.3b

7D

-2.3%

1Y

36.3%

Updated

24 Jun, 2022

Data

Company Financials
MANAKCOAT fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance4/6
Financial Health2/6
Dividends0/6

MANAKCOAT Stock Overview

Manaksia Coated Metals & Industries Limited manufactures and sells metal and household products in India and internationally.

Manaksia Coated Metals & Industries Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Manaksia Coated Metals & Industries
Historical stock prices
Current Share Price₹19.35
52 Week High₹62.55
52 Week Low₹11.05
Beta1.3
1 Month Change-7.19%
3 Month Change-28.33%
1 Year Change36.27%
3 Year Change366.27%
5 Year Change85.17%
Change since IPO13.16%

Recent News & Updates

Jun 20
We Ran A Stock Scan For Earnings Growth And Manaksia Coated Metals & Industries (NSE:MANAKCOAT) Passed With Ease

We Ran A Stock Scan For Earnings Growth And Manaksia Coated Metals & Industries (NSE:MANAKCOAT) Passed With Ease

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...

Mar 30
Does Manaksia Coated Metals & Industries (NSE:MANAKCOAT) Have A Healthy Balance Sheet?

Does Manaksia Coated Metals & Industries (NSE:MANAKCOAT) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Shareholder Returns

MANAKCOATIN Metals and MiningIN Market
7D-2.3%-4.1%2.3%
1Y36.3%-19.7%-0.9%

Return vs Industry: MANAKCOAT exceeded the Indian Metals and Mining industry which returned -18.7% over the past year.

Return vs Market: MANAKCOAT exceeded the Indian Market which returned -1.7% over the past year.

Price Volatility

Is MANAKCOAT's price volatile compared to industry and market?
MANAKCOAT volatility
MANAKCOAT Average Weekly Movement7.1%
Metals and Mining Industry Average Movement7.7%
Market Average Movement6.9%
10% most volatile stocks in IN Market9.9%
10% least volatile stocks in IN Market4.5%

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

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

About the Company

FoundedEmployeesCEOWebsite
2010279Rajendra Lodhihttps://www.manaksiacoatedmetals.com

Manaksia Coated Metals & Industries Limited manufactures and sells metal and household products in India and internationally. The company offers galvanized steel sheets/coils, and pre-painted steel coils/sheets for various applications, such as construction, white goods, automotive, furniture, containers, and roofing and façade under the Colour Strong, Zingalvo, and Singham brand names. It also provides mosquito repellent coils, liquid vaporizers, incense, and paper cards, as well as aerosol for mosquitoes and other crawling insects; and manufactures ultramarine blue powder used for enhancing whiteness of clothes and white washing/painting of walls.

Manaksia Coated Metals & Industries Fundamentals Summary

How do Manaksia Coated Metals & Industries's earnings and revenue compare to its market cap?
MANAKCOAT fundamental statistics
Market Cap₹1.27b
Earnings (TTM)₹86.25m
Revenue (TTM)₹6.48b

14.7x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MANAKCOAT income statement (TTM)
Revenue₹6.48b
Cost of Revenue₹4.84b
Gross Profit₹1.64b
Other Expenses₹1.56b
Earnings₹86.25m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.32
Gross Margin25.35%
Net Profit Margin1.33%
Debt/Equity Ratio165.0%

How did MANAKCOAT perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

2%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • 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 MANAKCOAT?

Other financial metrics that can be useful for relative valuation.

MANAKCOAT 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/Revenue0.4x
Enterprise Value/EBITDA8.1x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

MANAKCOAT PE Ratio vs Peers
The above table shows the PE ratio for MANAKCOAT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average43x

Price-To-Earnings vs Peers: MANAKCOAT is good value based on its Price-To-Earnings Ratio (14.7x) compared to the peer average (43x).


Price to Earnings Ratio vs Industry

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

Price-To-Earnings vs Industry: MANAKCOAT is expensive based on its Price-To-Earnings Ratio (14.7x) compared to the Indian Metals and Mining industry average (11.8x)


Price to Earnings Ratio vs Fair Ratio

What is MANAKCOAT'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.

MANAKCOAT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MANAKCOAT's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

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

Below Fair Value: MANAKCOAT (₹19.35) is trading above our estimate of fair value (₹0.38)

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


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MANAKCOAT's PEG Ratio to determine if it is good value.


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Future Growth

How is Manaksia Coated Metals & Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-13.1%

Forecasted Materials industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Manaksia Coated Metals & Industries has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


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Past Performance

How has Manaksia Coated Metals & Industries 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


46.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MANAKCOAT has high quality earnings.

Growing Profit Margin: MANAKCOAT's current net profit margins (1.3%) are higher than last year (1.3%).


Past Earnings Growth Analysis

Earnings Trend: MANAKCOAT's earnings have grown significantly by 46.9% per year over the past 5 years.

Accelerating Growth: MANAKCOAT's earnings growth over the past year (47.4%) exceeds its 5-year average (46.9% per year).

Earnings vs Industry: MANAKCOAT earnings growth over the past year (47.4%) underperformed the Metals and Mining industry 76.9%.


Return on Equity

High ROE: MANAKCOAT's Return on Equity (7.9%) is considered low.


Discover strong past performing companies

Financial Health

How is Manaksia Coated Metals & Industries's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MANAKCOAT's short term assets (₹3.1B) exceed its short term liabilities (₹2.7B).

Long Term Liabilities: MANAKCOAT's short term assets (₹3.1B) exceed its long term liabilities (₹1.0B).


Debt to Equity History and Analysis

Debt Level: MANAKCOAT's net debt to equity ratio (143.4%) is considered high.

Reducing Debt: MANAKCOAT's debt to equity ratio has increased from 66.7% to 165% over the past 5 years.

Debt Coverage: MANAKCOAT's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: MANAKCOAT's interest payments on its debt are not well covered by EBIT (1.1x coverage).


Balance Sheet


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Dividend

What is Manaksia Coated Metals & Industries's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.15%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: MANAKCOAT's dividend (0.15%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.44%).

High Dividend: MANAKCOAT's dividend (0.15%) is low compared to the top 25% of dividend payers in the Indian market (1.9%).


Stability and Growth of Payments

Stable Dividend: MANAKCOAT is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.

Growing Dividend: MANAKCOAT is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

Earnings Coverage: MANAKCOAT is not paying a notable dividend for the Indian market.


Cash Payout to Shareholders

Cash Flow Coverage: MANAKCOAT is paying a dividend but the company has no free cash flows.


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Management

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

3.5yrs

Average management tenure


CEO

Rajendra Lodhi (53 yo)

1.5yrs

Tenure

₹7,500,000

Compensation

Mr. Rajendra Kumar Lodhi serves as Chief Executive Officer at Manaksia Coated Metals & Industries Limited since December 23, 2020. He served as Vice President of Sales and Marketing at Indian Steel Corpora...


Leadership Team

Experienced Management: MANAKCOAT's management team is considered experienced (3.5 years average tenure).


Board Members

Experienced Board: MANAKCOAT's board of directors are considered experienced (7.6 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Manaksia Coated Metals & Industries Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Manaksia Coated Metals & Industries Limited
  • Ticker: MANAKCOAT
  • Exchange: NSEI
  • Founded: 2010
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Implied Market Cap: ₹1.271b
  • Shares outstanding: 65.53m
  • Website: https://www.manaksiacoatedmetals.com

Number of Employees


Location

  • Manaksia Coated Metals & Industries Limited
  • Plot No. 15, Navodaya Colony
  • Road No. 14
  • Hyderabad
  • 500034
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 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.