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ORIS

Orissa Minerals Development NSEI:ORISSAMINE Stock Report

Last Price

₹2.38k

Market Cap

₹14.2b

7D

-1.1%

1Y

-27.8%

Updated

23 Jun, 2022

Data

Company Financials
ORISSAMINE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

ORISSAMINE Stock Overview

The Orissa Minerals Development Company Limited mines and markets iron ore and manganese ore in India.

Rewards

Trading at 88.1% below our estimate of its fair value

Earnings have grown 12.2% per year over the past 5 years

Risk Analysis

No risks detected for ORISSAMINE from our risk checks.

Orissa Minerals Development Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Orissa Minerals Development
Historical stock prices
Current Share Price₹2,381.05
52 Week High₹3,674.80
52 Week Low₹2,200.00
Beta1.09
1 Month Change-16.37%
3 Month Change-12.94%
1 Year Change-27.82%
3 Year Change218.26%
5 Year Change26.60%
Change since IPO-28.81%

Recent News & Updates

Jun 17
Investors Will Want Orissa Minerals Development's (NSE:ORISSAMINE) Growth In ROCE To Persist

Investors Will Want Orissa Minerals Development's (NSE:ORISSAMINE) Growth In ROCE To Persist

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Feb 25
We Like These Underlying Return On Capital Trends At Orissa Minerals Development (NSE:ORISSAMINE)

We Like These Underlying Return On Capital Trends At Orissa Minerals Development (NSE:ORISSAMINE)

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

Shareholder Returns

ORISSAMINEIN Metals and MiningIN Market
7D-1.1%-5.6%0.1%
1Y-27.8%-18.7%-1.7%

Return vs Industry: ORISSAMINE underperformed the Indian Metals and Mining industry which returned -18.6% over the past year.

Return vs Market: ORISSAMINE underperformed the Indian Market which returned -2.5% over the past year.

Price Volatility

Is ORISSAMINE's price volatile compared to industry and market?
ORISSAMINE volatility
ORISSAMINE Average Weekly Movement6.9%
Metals and Mining Industry Average Movement7.6%
Market Average Movement6.9%
10% most volatile stocks in IN Market9.8%
10% least volatile stocks in IN Market4.5%

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

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

About the Company

FoundedEmployeesCEOWebsite
1918279Deb Mohantyhttps://www.birdgroup.co.in/omdc

The Orissa Minerals Development Company Limited mines and markets iron ore and manganese ore in India. It also produces and sells sponge iron. The company was incorporated in 1918 and is headquartered in Bhubaneswar, India.

Orissa Minerals Development Fundamentals Summary

How do Orissa Minerals Development's earnings and revenue compare to its market cap?
ORISSAMINE fundamental statistics
Market Cap₹14.18b
Earnings (TTM)-₹144.94m
Revenue (TTM)₹826.79m

17.2x

P/S Ratio

-97.9x

P/E Ratio

Is ORISSAMINE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
ORISSAMINE income statement (TTM)
Revenue₹826.79m
Cost of Revenue₹66.77m
Gross Profit₹760.02m
Other Expenses₹904.96m
Earnings-₹144.94m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-24.16
Gross Margin91.92%
Net Profit Margin-17.53%
Debt/Equity Ratio9,443.1%

How did ORISSAMINE perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales 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 ORISSAMINE?

Other financial metrics that can be useful for relative valuation.

ORISSAMINE 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/Revenue19.2x
Enterprise Value/EBITDA64.1x
PEG Ration/a

Price to Sales Ratio vs Peers

How does ORISSAMINE's PS Ratio compare to its peers?

ORISSAMINE PS Ratio vs Peers
The above table shows the PS ratio for ORISSAMINE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average0.6x

Price-To-Sales vs Peers: ORISSAMINE is expensive based on its Price-To-Sales Ratio (17.2x) compared to the peer average (0.6x).


Price to Earnings Ratio vs Industry

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

Price-To-Sales vs Industry: ORISSAMINE is expensive based on its Price-To-Sales Ratio (17.2x) compared to the Indian Metals and Mining industry average (0.6x)


Price to Sales Ratio vs Fair Ratio

What is ORISSAMINE's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ORISSAMINE PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio17.2x
Fair PS Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: ORISSAMINE (₹2381.05) is trading below our estimate of fair value (₹19937.49)

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


Price to Earnings Growth Ratio

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


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Future Growth

How is Orissa Minerals Development 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


-12.7%

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 Orissa Minerals Development 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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  • Take a look at our analysis of ORISSAMINE’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Orissa Minerals Development competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Orissa Minerals Development performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


12.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ORISSAMINE is currently unprofitable.

Growing Profit Margin: ORISSAMINE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ORISSAMINE is unprofitable, but has reduced losses over the past 5 years at a rate of 12.2% per year.

Accelerating Growth: Unable to compare ORISSAMINE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ORISSAMINE is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (76.9%).


Return on Equity

High ROE: ORISSAMINE has a negative Return on Equity (-410.57%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Orissa Minerals Development's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: ORISSAMINE's short term assets (₹2.2B) do not cover its short term liabilities (₹3.3B).

Long Term Liabilities: ORISSAMINE's short term assets (₹2.2B) exceed its long term liabilities (₹1.3B).


Debt to Equity History and Analysis

Debt Level: ORISSAMINE's net debt to equity ratio (4835.9%) is considered high.

Reducing Debt: Insufficient data to determine if ORISSAMINE's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable ORISSAMINE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: ORISSAMINE is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 1.8% per year.


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Dividend

What is Orissa Minerals Development 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

Dividend Yield vs Market

Notable Dividend: Unable to evaluate ORISSAMINE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ORISSAMINE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ORISSAMINE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ORISSAMINE's dividend payments have been increasing.


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as ORISSAMINE has not reported any payouts.


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Management

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

2.5yrs

Average board tenure


CEO

Deb Mohanty (57 yo)

2.5yrs

Tenure

Mr. Deb Kalyan Mohanty serves as a Managing Director, Chief Executive Officer and Director at The Orissa Minerals Development Company Limited since December 11, 2019. He serves as a Director of Internation...


Board Members

Experienced Board: ORISSAMINE's board of directors are not considered experienced ( 2.5 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.


Ownership Breakdown

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


Top Shareholders

Company Information

The Orissa Minerals Development Company Limited's employee growth, exchange listings and data sources


Key Information

  • Name: The Orissa Minerals Development Company Limited
  • Ticker: ORISSAMINE
  • Exchange: NSEI
  • Founded: 1918
  • Industry: Steel
  • Sector: Materials
  • Implied Market Cap: ₹14.184b
  • Shares outstanding: 6.00m
  • Website: https://www.birdgroup.co.in/omdc

Number of Employees


Location

  • The Orissa Minerals Development Company Limited
  • SAIL Office
  • Ground Floor
  • Bhubaneswar
  • Odisha
  • 751001
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/23 00:00
End of Day Share Price2022/06/23 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.