NMDC Limited, together with its subsidiaries, explores for and produces iron ore in India.
Price History & Performance
|Historical stock prices|
|Current Share Price||₹140.50|
|52 Week High||₹79.40|
|52 Week Low||₹213.20|
|1 Month Change||0.36%|
|3 Month Change||-19.51%|
|1 Year Change||68.57%|
|3 Year Change||28.08%|
|5 Year Change||5.68%|
|Change since IPO||-98.73%|
Recent News & Updates
Are Investors Undervaluing NMDC Limited (NSE:NMDC) By 49%?
Today we will run through one way of estimating the intrinsic value of NMDC Limited ( NSE:NMDC ) by taking the expected...
Here's Why I Think NMDC (NSE:NMDC) Might Deserve Your Attention Today
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
NMDC (NSE:NMDC) Could Easily Take On More Debt
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
|NMDC||IN Metals and Mining||IN Market|
Return vs Industry: NMDC underperformed the Indian Metals and Mining industry which returned 123.7% over the past year.
Return vs Market: NMDC exceeded the Indian Market which returned 61% over the past year.
Stable Share Price: NMDC is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: NMDC's weekly volatility (6%) has been stable over the past year.
About the Company
NMDC Limited, together with its subsidiaries, explores for and produces iron ore in India. The company also explores for a range of minerals, such as copper, rock phosphate, lime stone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, beach sands, etc., as well as coal and gold ores. In addition, it produces and sells sponge iron; and generates and sells wind power.
NMDC Fundamentals Summary
|NMDC fundamental statistics|
Is NMDC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NMDC income statement (TTM)|
|Cost of Revenue||₹42.64b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||30.48|
|Net Profit Margin||44.78%|
How did NMDC perform over the long term?See historical performance and comparison
5.5%Current Dividend Yield
Is NMDC undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NMDC (₹140.5) is trading below our estimate of fair value (₹334.04)
Significantly Below Fair Value: NMDC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NMDC is good value based on its PE Ratio (4.6x) compared to the Indian Metals and Mining industry average (12x).
PE vs Market: NMDC is good value based on its PE Ratio (4.6x) compared to the Indian market (21.2x).
Price to Earnings Growth Ratio
PEG Ratio: NMDC's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: NMDC is good value based on its PB Ratio (1.4x) compared to the IN Metals and Mining industry average (1.7x).
How is NMDC forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NMDC's earnings are forecast to decline over the next 3 years (-14.7% per year).
Earnings vs Market: NMDC's earnings are forecast to decline over the next 3 years (-14.7% per year).
High Growth Earnings: NMDC's earnings are forecast to decline over the next 3 years.
Revenue vs Market: NMDC's revenue (6.6% per year) is forecast to grow slower than the Indian market (13.1% per year).
High Growth Revenue: NMDC's revenue (6.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if NMDC's Return on Equity is forecast to be high in 3 years time
How has NMDC performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NMDC has high quality earnings.
Growing Profit Margin: NMDC's current net profit margins (44.8%) are higher than last year (28.3%).
Past Earnings Growth Analysis
Earnings Trend: NMDC's earnings have grown by 15.9% per year over the past 5 years.
Accelerating Growth: NMDC's earnings growth over the past year (204.4%) exceeds its 5-year average (15.9% per year).
Earnings vs Industry: NMDC earnings growth over the past year (204.4%) exceeded the Metals and Mining industry 129.5%.
Return on Equity
High ROE: NMDC's Return on Equity (29.9%) is considered high.
How is NMDC's financial position?
Financial Position Analysis
Short Term Liabilities: NMDC's short term assets (₹106.0B) exceed its short term liabilities (₹55.4B).
Long Term Liabilities: NMDC's short term assets (₹106.0B) exceed its long term liabilities (₹15.0B).
Debt to Equity History and Analysis
Debt Level: NMDC's debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: NMDC's debt to equity ratio has increased from 4.1% to 6.7% over the past 5 years.
Debt Coverage: NMDC's debt is well covered by operating cash flow (363.5%).
Interest Coverage: NMDC's interest payments on its debt are well covered by EBIT (1142.6x coverage).
What is NMDC current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NMDC's dividend (5.52%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).
High Dividend: NMDC's dividend (5.52%) is in the top 25% of dividend payers in the Indian market (1.41%)
Stability and Growth of Payments
Stable Dividend: NMDC's dividend payments have been volatile in the past 10 years.
Growing Dividend: NMDC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26%), NMDC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sumit Deb (58 yo)
Mr. Sumit Deb has been Chairman of the Board and Managing Director at NMDC Limited (formerly known as National Mineral Development Corporation) since August 01, 2020. Mr. Deb has been a Chairman of the Boa...
CEO Compensation Analysis
Compensation vs Market: Sumit's total compensation ($USD85.33K) is below average for companies of similar size in the Indian market ($USD820.35K).
Compensation vs Earnings: Sumit's compensation has increased by more than 20% in the past year.
Experienced Management: NMDC's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Experienced Board: NMDC's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.
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.
NMDC Limited's employee growth, exchange listings and data sources
- Name: NMDC Limited
- Ticker: NMDC
- Exchange: NSEI
- Founded: 1958
- Industry: Steel
- Sector: Materials
- Market Cap: ₹412.190b
- Shares outstanding: 2.93b
- Website: https://www.nmdc.co.in
Number of Employees
- NMDC Limited
- Khanij Bhavan
- 10-3-311/A, Castle Hills
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:45|
|End of Day Share Price||2021/10/25 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.